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The firm sees weaker hardware demand and slower Services growth.

A merger between Paramount Skydance (NASDAQ:PSKY) and Warner Bros. Discovery (NASDAQ:WBD) is facing new hurdles. In the backdrop of new worries of the merger being approved, Warner Bros. Discovery CEO David Zaslav is cashing out shares. David Zaslav Sells WBD Shares Zaslav is selling shares of the company he leads for the second time this year, cashing in ahead of the highly anticipated merger of two media companies. Zaslav sold 2.18 million shares for $59.47 million, according to a report from

Lucid stock crashed 50% after a report said the EV maker weighs Chapter 11 or going private. Lucid calls it false.

Apple Faces Rare Underweight Rating as Price Hikes Raise Demand Fears

Google Under Fire as Swiss Watchdog Investigates Search Engine Settings

Lucid said in a statement to Stocktwits that AlixPartners is only assisting the company and “has not recommended bankruptcy to management or the Board.”

(Updates with Claritev's response in the fourth paragraph.) The US Justice Department recently se

One Wall Street expert is saying Apple’s stock could be due for a pullback after a record rally.

Biogen (NASDAQ:BIIB) said data from its Phase 2 CELIA study of diranersen in early Alzheimer’s disease provide proof of concept for the tau-targeting therapy, despite the trial not meeting its primary endpoint of demonstrating a predefined dose-response pattern. The company presented the update dur

Verizon is preparing to announce another round of staff layoffs this Thursday as CEO Daniel Schulman targets $5 billion in operational budget cuts.

Citigroup stock dove, reversing earlier gains, after the earnings call raised more questions for investors. The bank’s earnings print beat estimates, but during the earnings call Citi maintained its 10% to 11% full-year return on tangible common equity outlook, an important metric for the industry. Citigroup was the worst performing name within the State Street Financial Select Sector ETF, dragging the ETF back to just above the flatline.

Every good party has one guest who starts eyeing the door while the music is still loud. They are not trying to spoil anything. They have just seen how these nights tend to end. Wall Street has its own version of that guest, and right now the speakers are cranked. The S&P 500 keeps closing at ...

Shares in IBM plunged 24 percent on Tuesday after the US tech giant released disappointing preliminary second-quarter results, blaming a shift in spending by customers due to expected higher prices for memory chips and other AI-related infrastructure.A global rush by tech companies to build out artificial intelligence infrastructure has sent demand for servers, memory chips and storage soaring, driving up prices and creating supply shortages across the industry.

IBM Miss Rattles Wall Street, Sending Tech Stocks Sharply Lower

Investing.com -- Lucid Group Inc. shares were trading roughly 20% lower on Tuesday, paring earlier losses of as much as 55%, after the EV maker rebuffed earlier reports of a potential bankruptcy filing.

Hachette, Cengage, Elsevier, and other publishers allege that Google trained its AI on copyrighted works without the necessary permissions.

In early July 2026, software and IT services stocks sold off after IBM’s weak preliminary Q2 results, which highlighted softer client spending and a shift of budgets toward AI infrastructure, while Microsoft also announced several thousand job cuts primarily in its Xbox division. This combination of sector-wide caution about AI-related spending and Microsoft’s own restructuring has sharpened investor focus on whether massive AI investments can translate into improved profitability and cash...

Lucid stock collapsed by half in a single afternoon after reports surfaced that the EV maker hired turnaround specialists to weigh options that range from going private to a potential court filing, and now shareholders are left waiting to find out which path the Saudi-backed automaker actually chooses.

(Update with the Justice Department's response to a request for comment in the third paragraph.)

Investing.com -- JPMorgan Chase & Co. lowered its financial estimates for Circle Internet Group Inc. and Coinbase Global Inc. on Tuesday, citing pressure on their stablecoin business from a new partnership arrangement with crypto exchange Hyperliquid.

Lucid stock fell sharply in midday trading on Tuesday after an electric-vehicle newsletter suggested the company was considering filing for bankruptcy. Lucid didn’t immediately respond to a request for comment about the report.

(Bloomberg) -- Lucid Group Inc. shares sank Tuesday after a news report said the electric vehicle maker is working with a restructuring advisor and weighing options that include filing for bankruptcy protection or going private.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeUS CPI Falls for the First Time Since 2020, Core Gauge FlatA Cocaine Bust in Spain Leads All the Way to Wall Street‘We Faltered’: IBM Plunges Most Since 1968 on Sales MissTrump Shelves

(Updates prices in the second and final paragraphs.) Gold rose off an eight-month low on Tuesday

(Updates with index/price moves, macroeconomic data and company/geopolitical news from the first par

The mid-stage study missed its primary goal, and the drug's lowest dose outperformed higher doses in ways the company cannot yet explain

Wireless carrier Verizon will announce the reorganization plan Thursday morning. The company has been seeking to reduce costs under its new CEO.

LNVGY faces weaker PC demand and rising component costs, but gains support from market-share growth and expansion into AI, cloud and services.

Regulators are reviewing whether Android users were unfairly steered toward Google Search.

SOUN's steep YTD drop reflects concerns over losses and cash burn, even as revenue grows and OASYS, LivePerson expand its AI platform.

Plaintiffs allege Meta's AI-assisted evaluation process was discriminatory.