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Finance News — Page 135
SpaceX Earnings Debut Lands As Stock Hits Low
SpaceX is set to release its first quarterly earnings as a public company on Tuesday, with shares having plunged nearly 30% from their $150 IPO price and hitting a fresh all-time low amid investor anx
AstraZeneca-BMS Merger Talks Draw 'Odd' Verdict From Analysts
AstraZeneca and Bristol Myers Squibb are reportedly in early-stage merger talks that could forge an oncology powerhouse, but Wall Street's verdict was 'odd' — and AstraZeneca's stock fell 6.9% on Mond
Amazon tops $3 trillion as AWS cloud surge fuels record high
Amazon's market capitalization crossed $3 trillion for the first time as shares jumped 4% to a new all-time high following a Q2 earnings beat powered by surging AWS cloud revenue and an aggressive AI-
AstraZeneca investors punish firm over reports of $400-billion Bristol Myers pharma deal
AstraZeneca shares plunged roughly 9% Monday — the steepest drop since 2020 — as reports surfaced of $400-billion merger talks with Bristol Myers Squibb. Multiple major shareholders publicly questione
Can Palantir pull off a Microsoft-style comeback? Here's what options say
Palantir options traders are positioning for a 10.5% post-earnings swing Monday night, with $120 million of $160 million in premium flowing into calls — a setup some compare to Microsoft's pre-earning
Micron Drops 4% as Chinese Rival CXMT Plans New Plant
Micron fell 4% premarket Monday as China's ChangXin Memory Technologies (CXMT) weighs a second Beijing plant to push output past 600,000 wafers a month, while Apple quietly lobbies Washington to keep
Manufacturing survey shows inflation worries 'worse than pandemic era,' adding to Fed pressure
The ISM's July manufacturing index hit 55.6 — its strongest reading in over four years — but the prices gauge stuck at 71.1 and executives calling pricing volatility worse than Covid have analysts say
Dow Surges 600 Points Toward Record on Iran De-Escalation
U.S. stocks rallied Monday with the Dow surging 600 points toward a record high on signs of U.S.-Iran war de-escalation, sending oil prices and Treasury yields lower and giving the S&P 500 and Nasdaq
Warsh Floats Cutting Fed Meetings to 6 Per Year
Federal Reserve Chairman Kevin Warsh is weighing whether to cut the central bank's policy meeting schedule from the current eight meetings per year to six rate-setting meetings plus two on broader eco
Hashdex to liquidate smallest US spot Bitcoin ETF
Hashdex will liquidate its eponymous spot Bitcoin ETF (DEFI) — the smallest among US-traded spot BTC ETFs with $14.25 million in net assets — distributing cash to remaining shareholders and selling ro
Tech Stock Valuation Gap With Market Vanishes
Multiple financial outlets are flagging a shift in tech stock valuations, noting that the gap between big tech and the broader market has narrowed as investors reassess the sector.
SpaceX First Earnings Report Amid Post-IPO Stock Slide
SpaceX is set to release its first earnings report as a public company, with multiple outlets flagging the report's tense timing as shares have already plunged since its IPO.
Circle slides after Morgan Stanley downgrade, cut in price target
Morgan Stanley downgraded Circle Internet to underweight and slashed its price target to $38 from $106, citing slowing USDC growth and rising competition from tokenized cash products and the new Open
Bernstein: Clarity Act Failure Could Send Crypto Lower Again
Bernstein warned that failure to pass the Clarity Act this year would likely trigger another crypto selloff, though the broker expects U.S. regulators to accelerate rulemaking under Project Crypto to
Tom Lee's Bitmine bought more ether, added to stock buyback last week
Tom Lee's Bitmine Immersion extended its weekly ether accumulation streak with a $19.1 million purchase while also ramping up stock buybacks, as the chairman touted crypto's strongest monthly outperfo
Hyperscaler AI Capex to Top $1 Trillion in 2027
Hyperscaler AI capital expenditures are projected to top $1 trillion in 2027 and exceed operating cash flow through 2028, according to Goldman Sachs, as Meta and Alphabet raise spending guidance while
Trumps’ American Bitcoin reports record BTC output, narrower Q2 loss
American Bitcoin, the Trump family-linked miner co-founded by Eric Trump and Donald Trump Jr., reported record Q2 production of 932 BTC and a narrower net loss while completing a reverse stock split t
Cathie Wood Buys SpaceX, CoreWeave, Tesla; Trims Shopify
Cathie Wood's ARK fund added SpaceX, CoreWeave, and Tesla to its holdings while trimming Shopify, with SpaceX trading 50% below its post-IPO high ahead of its earnings debut.
Sandisk Down 45% as Buy-vs-Switch Debate Heats Up
Sandisk stock has plunged 45% in a month heading into earnings, sparking debate among outlets over whether the battered memory name is now a buy or whether investors should rotate into competitors Mic
Buy Nvidia, Hold AMD, Sell Intel in 22% Chip Sell-Off
The Motley Fool rates Nvidia a buy, AMD a hold, and Intel a sell amid a 22% semiconductor sector sell-off, citing Nvidia's AI moat and cheap valuation against Intel's cyclical data center gains and no
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