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Americans might be minding their money, but they haven't stopped dining out everywhere. Cava Group (CAVA) just sent one of the more telling signals about the status of the U.S. consumer. The Mediterranean restaurant chain reported that same-restaurant sales increased 9% in its fiscal second ...
Energy stocks rose Friday with the NYSE Energy Sector Index gaining 1.3% and the State Street Energy
Kristen Bitterly, head of global Wealth at Work at Citi, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss how the increase in life expectancy is changing how people plan for retirement.
Tesla's Wild Roadster Plans and Flying-Car Buzz
The S&P 500 on Friday pulled back from its record high after another soft economic data release, but the market’s fear gauge continued to snooze. The S&P 500 was down 0.2%. The Nasdaq Composite was down 0.3%.
Snowflake Gets Major RBC Vote of Confidence as Software Sentiment Rebounds
One operates a restructuring retail network with negative free cash flow; the other burns cash on pre-revenue aviation tech backed by Toyota and Delta.
A number of stocks jumped in the afternoon session after a wave of upbeat earnings reports and bullish forecasts from key industry players signaled robust and sustained demand for artificial intelligence technology.
Financial stocks were slightly lower in late Friday afternoon trading, with the NYSE Financial Index
Chip stocks retreat after a record market run.
According to Intel’s latest filings with the Securities and Exchange Commission (SEC), the company held a steady 15.3 million shares of Joby and 50 million Class A shares of Mobileye as of both March 31 and June 30.
Oracle's enormous cloud backlog provides demand visibility, but data-center construction continues requiring substantial external capital.
Healthcare stocks were lower late Friday afternoon, with the NYSE Healthcare Index decreasing 0.4% a
SpaceX Ownership Shock: Elon Musk Discloses 6.42 Billion-Share Stake
A number of stocks jumped in the afternoon session after a wave of upbeat earnings reports and bullish forecasts from key industry players signaled robust and sustained demand for artificial intelligence technology.
AST SpaceMobile, Inc. (NASDAQ:ASTS) shares closed 4.4% lower at $68.76 on August 10 before the company released its results. Second-quarter revenue of $31.5 million missed the approximately $34.5 million consensus, while the net loss attributable to common stockholders widened to $230.9 million. Investors appeared more interested in AST SpaceMobile, Inc. (NASDAQ:ASTS)’s deployment progress. The company […]
PayPal Holdings is in talks to sell itself to a group that includes Stripe and the private-equity firm Advent International, according to people familiar with the matter. Stripe and Advent in July proposed paying $60.50 a share for PayPal, a price PayPal viewed as insufficient, some of the people said.
Consumer stocks were mixed late Friday afternoon, with the State Street Consumer Staples Select Sect
Bristol-Myers Squibb trades at less than half the valuation multiple of AbbVie, but AbbVie's revenue growth tells a different story about future earnings power.
The real test is whether Gravity can lift Lucid's business
Gold surged after a bruising jobs report, but GLDM still sits well below its 2026 record, and that gap creates a very different conversation than buying bullion at a peak.
A number of stocks jumped in the afternoon session after a wave of upbeat earnings reports and bullish forecasts from key industry players signaled robust and sustained demand for artificial intelligence technology.
Dunamu's operating profit fell 85% in Q2 as Upbit fee income halved, months after Korean giants paid $1.5 billion to buy in.
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe
It's a legitimate fear, but you can take steps to protect yourself.
Netflix is betting fewer studios can deliver better engagement
<p>Are the days numbered for 351 exchanges, box spread, and dividend-avoiding ETFs? Tune into this episode of <em>ETF Zoo</em> to find out, plus learn why markets seem to care less and less about the struggling consumer, and what the recent NEOS acquisition could indicate for the future of the options income category. </p>