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Apple (AAPL) asked a US judge for a preliminary injunction barring ChatGPT maker OpenAI and two form

(Bloomberg) -- SpaceX’s first earnings report following its blockbuster initial public offering is one of the most anticipated events of the summer on Wall Street. Whether it’ll give investors a reason to buy the sinking stock is another matter.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders Advising NYC’

The ChatGPT maker said Apple is using selective and false information, hours after Apple sought an injunction in the case.

U.S. stock futures rose while oil edged higher in early European trade as investors also await U.S. job openings data for the month of June.

Palantir Technologies Inc. (NASDAQ:PLTR) reported unrealized gains from its investment in Space Exploration Technologies Corp. (NASDAQ:SPCX), boosting its second-quarter earnings, making it the latest major technology company to benefit from the Elon Musk-led company’s blockbuster public debut. SpaceX Stake Added to Quarterly Earnings During the company’s second-quarter earnings call on Monday, CFO David Glazer said unrealized gains from the company’s SpaceX investment contributed $0.03 to GAAP

Amazon.com, Inc. (NASDAQ:AMZN) founder and executive chairman Jeff Bezos is planning to sell up to 15 million Amazon shares worth approximately $4.07 billion. Bezos’ Amazon Stock Sale Is Tied to a Prearranged Trading Plan A Form 144 filing submitted to the Securities and Exchange Commission on Monday showed that Bezos intends to sell 15 million shares of Amazon common stock through Morgan Stanley Smith Barney LLC. The proposed transaction was valued at approximately $4.07 billion based on the ma

EBITDA surged to $2.1 billion as Middle East disruptions boosted margins.

Snap (SNAP) delivered earnings and revenue surprises of -14.29% and +4.31%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Rivian surprised the market by slashing capital expenditure guidance.

Chief Financial Officer Doug Hott said in prepared remarks that changes to the company’s cost structure are increasingly visible in its results, with its total adjusted cost structure rising just 4%.

Tesla extended its recovery as investors looked beyond a federal investigation involving Model 3 and Model Y suspension failures.

Investors questioned whether combining AstraZeneca with Bristol Myers would strengthen growth enough to justify the financial and regulatory risks.

Brent crude fell almost 5% on hopes of reopening the Strait of Hormuz, while U.S. stock indexes posted strong gains. Iran said Monday that there weren’t any talks under way with the U.S. nor were any meetings planned, after President Trump said the day before he had called off a major strike on the country to provide more time for negotiations. The Nasdaq jumped 2.1%, the S&P 500 rose 1.5%, and the Dow industrials gained 1.3%.

For investors who expect continued weakness or sideways trading in Meta Platforms, a bear call spread in Meta Platforms stock offers a way to express that view with defined risk. Last week's Magnificent Seven companies' earnings produced some clear winners and losers.

The Bithumb crypto exchange is preparing for a 2028 initial public offering (IPO) after reorganizing its business and setting out a two-year program to strengthen accounting, compliance and risk controls. South Korea’s largest cryptocurrency exchange said it expects to complete internal-control ...

Oil dropped approximately 5% after planned U.S. strikes on Iran were canceled in favor of potential negotiations.

In business, losing a bidding war is usually bad news. Old Dominion Freight Line (ODFL) lost one in 2023, and that defeat quietly became one of the smartest financial decisions in the company’s history. The rival on the other side of that story was Yellow Corp, a nearly 100-year-old carrier that ...

A crowded trade now faces two immediate pressure points

Apple's Latest Acquisition Signals a Bigger Push Into AI and Advanced Chips

RDDT stock is down 21% since Q2 results as search traffic volatility weighs on shares, but rising user engagement and ad tools keep investors watching.

Morgan Stanley downgraded stablecoin issuer Circle (NYSE: CRCL) to Underweight on Aug. 3 and cut its price target by nearly 64% to $38 from $106, delivering Wall Street's most bearish call on the stock just two days before the company reports second-quarter earnings. The investment bank cited ...

Chip stocks have taken it on the chin lately, but worries about the AI trade don’t have to bring down the entire market. The S&P 500’s information technology and communications sectors fell 15% from June 1 through July 29, when the Federal Reserve announced it was holding the fed-funds rate steady, strategist Jim Paulsen wrote Monday on Substack. The overall S&P 500 ended up down less than 4%.

One of the largest global pharma companies would be created if a deal were to materialise.

XRX surpasses Q2 estimates as Lexmark and tariff receivables lifted results, but shares fall despite stronger 2026 revenue and profit guidance.

The consensus bottom-line forecasts most investors were comparing its results to didn't appear to factor in changes stemming from a recent spinoff, or any one-time costs related to it.

Tech stocks coverage for the week of Aug. 3.

Investing.com -- UBS downgraded NXP Semiconductors to Neutral from Buy, arguing that while the analog semiconductor upcycle is gaining momentum, the company's growth outlook is becoming less compelling due to rising risks of a China automotive inventory correction and relatively limited exposure to AI infrastructure spending.

SpaceX reported second quarter results on Tuesday that topped estimates — its first report as a public company — which comes as the stock has been in a recent free fall. 

SpaceX reported second quarter results on Tuesday that topped estimates — its first report as a public company — which comes as the stock has been in a recent free fall. 

Northrop Grumman signed two agreements totaling $3 billion to speed up production of missile interceptors.