Data released by Biogen at AAIC26 appears to have spooked investors, with an 8.17% drop in share price.
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Investing.com -- Elevance Health’s Health Benefits operating profit collapsed in the second quarter of 2026, igniting a broad premarket selloff across the managed-care sector even as the insurer’s headline earnings handily beat estimates and full-year guidance was lifted.
Earlier this month, Starbucks Corporation confirmed its Board approved a quarterly cash dividend of US$0.62 per share, payable on August 28, 2026, to shareholders of record as of August 14, 2026. Alongside this dividend affirmation, Starbucks is pushing an intensive turnaround that combines US$400 million in targeted software cost savings with new bonus and pay structures for cafe workers. Next, we’ll explore how Starbucks’ push to cut US$400 million in annual software expenses could...
“Regardless of the cost allocation methodology that is chosen, there remains a glaring cross-class subsidization occurring to the benefit of new [large load] customers,” said State Corporation Commission attorney Andrew Major.
The liquidation reduced direct equity holdings by 93%, leaving the CEO with minimal insider ownership of 28,498 shares. The stock is down 20% over the past year.
The primary reason for the 12-state lawsuit is that a Paramount-WBD combination would curb entertainment content and distribution, putting the TV/movie marketplace into fewer hands. What's the fallout?
(Bloomberg) -- Investors should look across the entire artificial intelligence value chain rather than focus on Big Tech alone, according to JPMorgan Private Bank’s Madison Faller. Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI Companion‘We Faltered’: IBM Plunges Most S
Twenty-six Meta employees have filed a lawsuit accusing the tech giant of using artificial intelligence to select workers for mass layoffs, a claim strongly denied by the trillion dollar company.According to the lawsuit, filed in Oakland, California on Monday Meta used AI systems to "score, rank, and select employees" to be laid off rather than "the considered judgement of managers who knew the work" while disproportionately targeting those on medical or family leave.
With an upside potential of 40.91%, Intercontinental Exchange, Inc. (NYSE:ICE) is among the 12 Strong Buy Stocks with High Upside According to Analysts. On July 9, Barclays lowered its price target on Intercontinental Exchange, Inc. (NYSE:ICE) to $180 from $201 while maintaining an Overweight rating on the shares. Although the firm reduced its valuation target, it continues […]
Lucid is working with a restructuring expert, which is never a good sign for a money-losing business with significant debt.
ConocoPhillips (NYSE:COP) is one of the top cheap blue chip stocks to buy according to Wall Street analysts. Truist cut the price target on ConocoPhillips (NYSE:COP) to $115 from $128 on July 8 and maintained a Hold rating on the shares. The rating update came as part of a preview of its fiscal Q2 results, […]
The Boston Beer Company, Inc. (NYSE:SAM) is one of the best small cap stocks to buy with the highest upside potential. Goldman Sachs cut the price target on The Boston Beer Company, Inc. (NYSE:SAM) to $169 from $192 on July 8 and reiterated a Sell rating on the shares. For reference, in its financial results […]
Lucid (LCID) shares were down more than 4% in Wednesday's premarket activity after dropping more tha
There's more to U.S. inflation than just energy prices.
Investors are worried about the fast-food restaurant chain’s uncertain recovery plans.
Investors appeared to punish businesses facing difficult paths toward sustainable growth.
The product is expected to be OpenAI’s first physical AI device and a crucial milestone as the company moves forward with its IPO plans.
IBM lost nearly a quarter of its market value on Tuesday after the stock suffered its steepest single-day decline since the company went public nearly 60 years ago.
Walmart has lowered prices on a range of grocery staples, including ground beef, corn on the cob, cherries, and 24-packs of soda. The nation’s largest retailer recently unveiled a summer rollback campaign covering thousands of products across groceries, household essentials, and seasonal goods ...
Meta Platforms Inc (NASDAQ:META) has been sued by some employees who claim the company’s AI-assisted systems disproportionately affected workers with disabilities and those who took protected medical or family leave during its latest layoffs, allegations the company has denied. The lawsuit was filed by 26 employees late Monday in the U.S. District Court for the Northern District of California, Oakland division, with the plaintiffs seeking to halt the layoffs while their claims proceed. Lawsuit C
It was a brutal day for Big Blue's shareholders.
Boston Scientific recently initiated several voluntary Class II recalls of its CRE and CRE Pro Wireguided endoscopy devices worldwide due to potential sterile breaches in packaging, affecting tens of thousands of units across multiple size ranges. The recalls underscore the operational and regulatory risks inherent in Boston Scientific’s expanding minimally invasive device portfolio, especially as it integrates recent acquisitions and scales global distribution. We’ll now examine how these...
A gloomy update from a famous peer negatively affected investor sentiment on CRM company.
A lawsuit alleged the company relied on AI that disproportionately targeted workers with disabilities or who were on medical or parental leave.
<p>The aggregate bond market has nearly healed from its worst drawdown in a generation. </p>
JPMorgan Chase (NYSE: JPM) trimmed its earnings forecasts for Circle Internet Group (NYSE: CRCL) and Coinbase Global (Nasdaq: COIN) on July 14. Both Circle and Coinbase are two of the world's biggest crypto companies. While the former is best known for its USDC stablecoin, the latter is ...
The U.S. Department of Justice has expanded an antitrust investigation to include UnitedHealth Group's Claritev unit. The Claritev review is part of broader DOJ scrutiny of healthcare industry practices and market competition. This development adds a fresh layer of regulatory attention for UnitedHealth Group (NYSE:UNH) beyond routine oversight. UnitedHealth Group, one of the largest managed care and healthcare services companies in the U.S., spans insurance, care delivery, and data-driven...
Dollar General (DG) closed at $120.14 in the latest trading session, marking a -2.67% move from the prior day.
OpenAI has issued another statement on the lawsuit, this time suggesting it lacks merit.