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A battery deal with CATL and a joint venture with Chinese automaker Geely were among the concerns raised in a public letter to Ford’s CEO.
Wall Street’s marquee event this fall is expected to be Anthropic’s initial public offering. It could raise up to $100 billion and value the artificial-intelligence giant at around $2 trillion, The Wall Street Journal has reported. Anthropic confidentially filed its IPO paperwork with the Securities and Exchange Commission in June.
In a boost for Google stock, cloud computing chief Thomas Kurian says AI chip business is more than twice the size of its closest rival.
The new tool, which can perform tasks such as shopping and sending email, is Meta’s latest attempt to monetize its massive AI investments.
Bitcoin is defending its golden zone support while the S&P 500 grinds inside its tightest range yet, both waiting on Friday's inflation report before the Fed's September 16 rate call.
The soda flopped spectacularly when introduced in 1985, but the company soon bounced back—and so did Dyson.
Morgan Krupetsky, vice president of Onchain Finance at Ava Labs, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." They the recent spat between AMC and Robinhood over tokenized trading and the different use cases for different tokenization models.
Bloomberg's Anna Irrerea joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." AMC CEO Adam Aron traded barbs with Robinhood CEO Vlad Tenev last week after discovering a token bearing the theater chain's name was trading on the brokerage's blockchain. AMC CEO dubbed it "outrageous" and demanded that Robinhood cease trading it.
GE Aerospace, which employs thousands of employees in the region, is acquiring a large Ohio manufacturer in a a nearly $12 billion dollar deal. GE Aerospace said it has signed an agreement to acquire Consolidated Precision Products, a Cleveland-based manufacturer of castings. The purchase will be from private investment firms Warburg Pincus and Berkshire Partners. “Investing in ...
Shares of Amgen were recently down more than 9%, putting the biotechnology company on pace for its largest decrease since October 2000. The decline came after Novartis announced a failure of its heart disease drug, pelacarsen, to reduce the risk of cardiovascular events compared with a placebo. The failure, which sent U.S.-traded Novartis shares down 14%, also cast doubt on similar drugs, including Amgen’s investigational treatment olpasiran.
The Hugging Face deal looks like a win for Nvidia, but it might not be for the reason that you think.
The past several years saw muted IPO activity, a generally negative signal for market health. But 2026 has reversed that trend. Yes, you can say that the June IPO of SpaceX, the largest ever public offering, which raised over $85 billion in funding for Musk’s private space launch company, has accounted for the bulk of the first half’s IPO activity, but that is only part of the story. Even if you strip out SpaceX, the first half of this year saw new ‘traditional’ initial public offerings generate
Stocks tied to AI are having a big day amid growing enthusiasm over OpenAI's latest model, called Astra. Shares of CoreWeave, an AI cloud infrastructure company, rose 15% Tuesday. Shares of Lumentum and Coherent, which manufacture optical and laser equipment used by AI data centers, were up 12% and 9% respectively.
Stocks were under pressure as the war in Iran sent oil prices higher, but the conflict wasn't the market’s only hurdle. The tariff feud between the U.S. and Canada may also reintroduce a trade war into the mix. The Nasdaq Composite dropped 0.2%.
Major stock indexes faced pressure on Tuesday with a fresh slate of geopolitical tensions weighing on investors. The Dow industrials are down about 1%. Meanwhile, quantum computing stocks are on the rise.
Boston Scientific (BSX) flagged its inability to meet its near-term financial outlooks amid a "mater
The video game retailer posted net income of $298.7 million in its fiscal second quarter, up from $168.6 million a year earlier
The company’s president explains why one of its most famous Bitcoin beliefs no longer tells the full story.
The medical device maker said it is unlikely to meet its full-year sales growth and adjusted earnings targets, and will update investors on Oct. 28
The earnings report for Nvidia, the world's most valuable company, could have huge economic ramifications.
U.S. Stocks Slide as Rising Oil Prices Rekindle Inflation Fears
HSBC has increased its 2026 year-end price target for the S&P 500 to 8,100, citing strong corporate earnings growth and persistent investment in artificial intelligence.
The class-action, led by four ex-warehouse workers, alleges that Amazon deducted their bank of unpaid time off or flagged them for “time off-task” for medically necessary breaks or absences.
Boston Scientific expects to provide updated full-year 2026 guidance along with its third-quarter results on Oct. 28, 2026.
Q3 earnings season, led by energy and AI-driven tech gains, is likely to beat lowball consensus estimates, with S&P 500 outperformance possibly pushing the index toward 8,500 by early 2027.
Investing.com -- The Canadian dollar strengthened against its U.S. counterpart on Tuesday, supported by a sharp rise in oil prices as escalating Middle East tensions raised concerns about disruptions to global energy supplies.
Investing.com -- Canada’s C$27.6 billion retaliation against U.S. imports took effect on Tuesday, putting the Canadian dollar and North American supply chains under fresh pressure as investors assessed the risk that a widening trade war will drive up costs and disrupt cross-border commerce.
Qualcomm has signed a custom data center chip deal with Amazon.
Moby summary of United Natural Foods, Inc.'s Q4 2026 earnings call
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