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Another AI power darling just hit a 52-week low
TheStreet87d agoneutral
Another AI power darling just hit a 52-week low

The AI power trade had plenty of winners over the past two years, and Constellation Energy was one of the biggest. However, that changed this month. On July 1, 2026, Constellation Energy (CEG) fell nearly 5% to a fresh 52-week low of $228.63. That is the stock's steepest single-day drop ...

Investing.com87d agoneutral
Wolfspeed sues Navitas over GaN and SiC patents

Investing.com -- Wolfspeed Inc (NYSE:WOLF) announced after Tuesday's market close that it had filed a patent infringement lawsuit against rival Navitas Semiconductor, targeting what it described as its "foundational" gallium nitride (GaN) and silicon carbide (SiC) intellectual property portfolio. The legal announcement came after trading had ended for the session.

Samsung Fails to Impress—Heard on the Street Recap
The Wall Street Journal87d agoneutral
Samsung Fails to Impress—Heard on the Street Recap

Samsung's earnings preview fell short of expectations. In an update on second-quarter results, the South Korean company projected record operating profit. But the forecast also offered a provision for the cost of coming special bonuses for employees.

CoreWeave stock sinks as mag 7 move rattles investors
TheStreet87d agoneutral
CoreWeave stock sinks as mag 7 move rattles investors

Shares of CoreWeave took a hard hit after news broke that Meta Platforms is building a cloud business to sell spare AI computing power. The tech stock fell sharply over two trading sessions last week, and is currently valued at a market cap of $64.4 billion. Notably, Meta (META) is one of ...

Bulls vs. Bears on SpaceX
The Wall Street Journal87d agoneutral
Bulls vs. Bears on SpaceX

Bull case 🐂 JPMorgan analysts led by Doug Anmuth “SpaceX’s ambitions—and potential impact on humanity—are bigger than any company’s we’ve ever seen.” Bear case 🐻 MoffettNathanson analysts led by Julie Zhu “There is simply no credible financial model that can support what is at the time of this writing a roughly $2 trillion valuation.

Kura Sushi (KRUS) Q3 Earnings Top Estimates
Zacks87d agoneutral
Kura Sushi (KRUS) Q3 Earnings Top Estimates

Kura Sushi (KRUS) delivered earnings and revenue surprises of +160.00% and -0.40%, respectively, for the quarter ended May 2026. Do the numbers hold clues to what lies ahead for the stock?

SpaceXAI plans to launch new model with Cursor as soon as Wednesday, The Information reports
Reuters87d agoneutral
SpaceXAI plans to launch new model with Cursor as soon as Wednesday, The Information reports

SpaceXAI and Cursor plan to launch their first jointly developed AI model as soon as Wednesday, The ‌Information reported, citing a memo sent to staff. Cursor declined to comment when contacted by ⁠Reuters, while SpaceXAI did not immediately respond to a request for comment. Elon Musk's SpaceX said in June ​it ​would buy Anysphere, the startup behind ​popular AI coding agent ‌Cursor, in an all-stock deal worth $60 billion to boost its presence in the lucrative enterprise AI tools market.

SpaceX Is Now Cheaper Than It Was on Day One
The Wall Street Journal87d agoneutral
SpaceX Is Now Cheaper Than It Was on Day One

SpaceX shares fell 6.8% to close at $149.47, below the $150 price where shares began trading June 12, the day of the rocket maker's initial public offering. Though the stock has dipped below that threshold in intraday trading four times, Tuesday was the first time it closed below $150.

The Dividend Growth Snowball: How Modest Income Today Can Become Serious Income Later
24/7 Wall St.87d agoneutral
The Dividend Growth Snowball: How Modest Income Today Can Become Serious Income Later

A 12% yield looks unbeatable on day one. A retiree who wants $60,000 a year needs only about $500,000 at that yield, compared with roughly $1.7 million at a 3.5% yield. But retirement income is not a one-year problem. The better question is which income stream can hold up after inflation, market cycles, and years ... The Dividend Growth Snowball: How Modest Income Today Can Become Serious Income Later

Bank of America warns America now has 2 economies
TheStreet87d agoneutral
Bank of America warns America now has 2 economies

Investors expected a much simpler economy by now. Inflation was expected to keep easing, consumers were expected to bend under higher prices, and the next big Fed debate was supposed to be about when rate cuts could begin. However, Bank of America isn’t telling that story. The bank sees an economy ...

Anthropic’s Claude Cowork targets busy work ahead of IPO
Yahoo Finance Video87d agoneutralVIDEO
Anthropic’s Claude Cowork targets busy work ahead of IPO

Yahoo Finance's Dan Howley discusses Anthropic's expansion of its Claude Cowork agentic AI platform to mobile devices and how the company is shifting its narrative to focus on eliminating busywork rather than replacing human workers.

Samsung Fails To Impress
The Wall Street Journal88d agoneutral
Samsung Fails To Impress

Sharp declines for high-flying memory and chipmakers including Intel, Marvell Technology and Applied Materials led a 1.2% decline in the Nasdaq Composite index and a 0.5% drop in the S&P 500. An update on second-quarter results from the South Korean giant had the company projecting record operating profits. Investors feared this reaction was a sign of how future reports for other chipmakers and AI-related tech companies might be received.

Goldman Sachs revamps SpaceX stock price target for 2026
TheStreet88d agoneutral
Goldman Sachs revamps SpaceX stock price target for 2026

SpaceX (SPCX) didn’t enter the market quietly. Its blockbuster debut has instantly made it one of the most-watched companies on Wall Street, with investors chasing a rare public-market play on rockets, satellites, Starlink, and Elon Musk’s next frontier. The first major analyst calls are landing ...

iHeartMedia sees growing Netflix ties ahead of Q2 earnings
Proactive88d agoneutral
iHeartMedia sees growing Netflix ties ahead of Q2 earnings

iHeartMedia (NASDAQ:IHRT)'s second-quarter results are expected to come in largely in line with company guidance, Bank of America said in a note that highlighted an expanding partnership with Netflix as a bright spot for the audio company. BofA maintained its second-quarter revenue estimate...

Perplexity says it plans to use Nvidia's new CPU
Reuters88d agoneutral
Perplexity says it plans to use Nvidia's new CPU

AI startup Perplexity on Tuesday confirmed it plans to use Nvidia's new ‌central processing units, as the chip giant works to ‌broaden its market and take on entrenched players such as Intel and Advanced ​Micro Devices. Nvidia has said it expects to generate $20 billion in sales from its "Vera" CPU, a more generic computing chip than its AI-specific offerings, by the end of this fiscal year. The Vera chips ‌are part of ⁠Nvidia's efforts to diversify sales as artificial intelligence companies such as OpenAI and DeepSeek make their own ⁠AI chips.

Oil’s $100 Threshold: What It Means for Energy Stocks Now
24/7 Wall St.88d agoneutral
Oil’s $100 Threshold: What It Means for Energy Stocks Now

The Number With oil now trading well below the $100 level (and seemingly poised to continue heading lower, after OPEC announced further production increases recently and recessionary concerns pick up), it’s unclear where certain oil stocks are headed. One such name that’s on my radar right now just reported its Q1 2026 earnings in early ... Oil’s $100 Threshold: What It Means for Energy Stocks Now

Bloomberg88d agoneutral
Meta Debuts New AI Image-Generation Model Inside Chatbot, Instagram

(Bloomberg) -- Meta Platforms Inc. debuted a new image-generation artificial intelligence model, its first such release since the company spent billions to rebuild its AI lab under Chief AI Officer Alexandr Wang a year ago.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaChip Stocks Slide on Worries Rally Has Run Too Far: Markets WrapTwo Millennium Trading Pods Made About $3.7 Billion Last MonthMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Majo