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Coinbase's top attorney who has led crypto's Washington fight to step down
Reuters85d agoneutral
Coinbase's top attorney who has led crypto's Washington fight to step down

Coinbase's Chief Legal Officer Paul Grewal is stepping down after six years at the U.S. crypto giant where he fought off a landmark suit brought by ‌the U.S. securities regulator and played an instrumental role in the crypto industry's Washington campaign to secure ‌industry-friendly policies. Grewal will step down effective immediately, with Molly Abraham, Coinbase's vice president of legal, moving into his role with the title of general ​counsel, the company told Reuters. Coinbase is also naming Ryan VanGrack, who is currently vice president of legal, as the company's first vice chair and head of corporate affairs, Coinbase said.

U.S. Stocks Rise As War Jitters Ease
The Wall Street Journal85d agoneutral
U.S. Stocks Rise As War Jitters Ease

FINANCE U.S. stocks rose as fears about a return to full-blown war in Iran subsided, bringing down oil prices and quelling inflation expectations. The Dow Jones Industrial Average rose 139.02, or 0.27%, to 52487.

Associated Press85d agoneutral
How major US stock indexes fared Thursday 7/9/2026

Stocks rose, and oil prices eased as financial markets calmed a day after President Donald Trump raised doubts about the temporary truce in the war with Iran. The Dow Jones Industrial Average added 0.3%, and the Nasdaq composite rose 1.3%. The Nasdaq composite rose 336.24 points, or 1.3%, to 26,206.89.

PepsiCo Q2 Earnings Call Highlights
MarketBeat85d agoneutral
PepsiCo Q2 Earnings Call Highlights

PepsiCo (NASDAQ:PEP) executives reaffirmed the company’s full-year outlook during its 2026 second-quarter earnings question-and-answer session, pointing to strong international momentum and improving global volumes while acknowledging that North America, particularly impulse channels tied to gasolin

Penguin Solutions Q3 Earnings Call Highlights
MarketBeat85d agoneutral
Penguin Solutions Q3 Earnings Call Highlights

Penguin Solutions (NASDAQ:PENG) reported record fiscal third-quarter results and raised its full-year outlook, citing accelerating demand tied to artificial intelligence infrastructure and memory products. Chief Executive Officer Kash Shaikh told investors that the company delivered “an exceptional

Alibaba shares defy major AI scandal as Wall Street bites
TheStreet85d agoneutral
Alibaba shares defy major AI scandal as Wall Street bites

Alibaba Group Holding (BABA) stock surged in premarket trading on Wednesday after a wave of good news landed at once. Just days earlier, Alibaba and Anthropic were trading accusations, not compliments, in a dispute over stolen AI technology and hidden tracking code. The rally proves those two ...

Costco Stock Slides on June Sales Report
The Wall Street Journal85d agoneutral
Costco Stock Slides on June Sales Report

Costco’s stock fell 4% Thursday, on pace for its largest decline since April 2025, after it reported June sales figures that grew slightly less than the previous month. June sales rose 10.6%, the retailer said, down from 13.

Bloomberg85d agoneutral
SK Hynix’s $26.5 Billion Listing Reopens Asia Route to US Market

(Bloomberg) -- SK Hynix Inc.’s US share sale is set to boost an ailing vehicle that was once essential for Asian firms looking West, and Wall Street is hoping the frenzy for artificial intelligence infrastructure will encourage competitors to follow their path.Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsTrump Vents Anger With Iran and Warns Ceasefire May Be ‘Over’US Military Launches

Jeff Bezos doubles down on Blue Origin with $2B
TheStreet85d agoneutral
Jeff Bezos doubles down on Blue Origin with $2B

Every billionaire obsession comes with a bill, and for a quarter century, one man has quietly paid his out of a single pocket. No shareholders. No bankers. No outside voices at the table. Just one founder, one improbable dream, and a steady drip of stock sales to keep the rockets coming. That ...

Netflix heads into Q2 earnings as Jefferies sees limited upside catalyst
Proactive85d agoneutral
Netflix heads into Q2 earnings as Jefferies sees limited upside catalyst

Netflix Inc (NASDAQ:NFLX, XETRA:NFC) heads into its second quarter earnings report with Jefferies reiterating its ‘Buy’ rating and $110 price target, while writing that it sees limited scope for a sustained near-term re-rating despite maintaining a positive long-term outlook on the streaming...

Top Wall Street Strategist: Tech Earnings Are the “Best I’ve Seen in My Career.” Here’s the Catch.
24/7 Wall St.85d agoneutral
Top Wall Street Strategist: Tech Earnings Are the “Best I’ve Seen in My Career.” Here’s the Catch.

Emily Roland, Co-Chief Investment Strategist at Manulife John Hancock Investment Management, delivered a two-sided message on CNBC this morning: the fundamentals underpinning technology stocks are the strongest she has ever seen, yet the concentration those returns have created is rewriting the risk profile of nearly every diversified portfolio. Her framing captured the current market in ... Top Wall Street Strategist: Tech Earnings Are the “Best I’ve Seen in My Career.” Here’s the Catch.

SpaceX is Having A Rough Week in the Bond Market Too
The Wall Street Journal85d agoneutral
SpaceX is Having A Rough Week in the Bond Market Too

SpaceX bond spreads widened relative to Treasurys for the fourth trading day in a row Thursday, according to MarketAxess. SpaceX sold the $25 billion worth of debt due in 2036 at a 1.4 percentage point spread to Treasurys shortly after the rocket maker went public in June. The securities are now yielding 1.7 percentage points more than Treasury bonds.

Chipotle Mexican Grill (CMG) Could Be 22% Undervalued As Q2 Earnings Near
Simply Wall St.85d agoneutral
Chipotle Mexican Grill (CMG) Could Be 22% Undervalued As Q2 Earnings Near

Why Chipotle’s upcoming Q2 earnings are driving fresh attention Chipotle Mexican Grill (CMG) is drawing attention ahead of its Q2 2026 earnings release, as investors compare a projected slight EPS decline with expectations for healthy revenue growth and ongoing margin pressure from higher input costs. The setup creates a straightforward question for anyone following the stock: can Chipotle’s growing restaurant base and digital scale justify recent share price moves even as earnings...

SanDisk set for earnings upside as Wedbush lifts price target
Proactive85d agoneutral
SanDisk set for earnings upside as Wedbush lifts price target

SanDisk (NASDAQ:SNDK) could see upside in its upcoming fiscal fourth-quarter 2026 report, according to Wedbush Securities, which raised its price target on the stock to $2,000 from $1,200. The semiconductor firm's management had guided fiscal fourth-quarter sales to a range of $7.75 billion...

Netflix joins Disney and YouTube in chasing World Cup
TheStreet85d agoneutral
Netflix joins Disney and YouTube in chasing World Cup

Live sports are the last thing on American television that everyone still watches at the same moment. Scripted hits get binged alone. Award shows shed viewers every year. But when the national team plays a knockout match in July, tens of millions of people show up at once, and advertisers pay ...

Goldman Sachs sees AMD entering earnings with 1 powerful advantage
TheStreet85d agoneutral
Goldman Sachs sees AMD entering earnings with 1 powerful advantage

I have covered AMD twice this July. First, Goldman Sachs raised its price target to $640 from $450 on July 5. And before that, when Wells Fargo made the same fundamental argument at the start of the month. Both times, the central thesis was the same: The server CPU story is being ...

Delta Q2 earnings preview: What to watch
Yahoo Finance85d agoneutral
Delta Q2 earnings preview: What to watch

Delta Air Lines will report second quarter results Friday morning, with investors hoping growth in the premium business would continue to blunt issues like rising fuel costs, and capacity cuts stemming from those expenses.

Investing.com85d agoneutral
Citizens says Tesla near-term optimism is too high

Investing.com -- Citizens began coverage of Tesla with a Market Perform rating on Thursday, citing concern that valuation expectations for the company's Optimus robot and Robotaxi products imply too near a launch timeline.