Consumer stocks were mixed late Wednesday afternoon with the State Street Consumer Staples Select Se
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Citi says Wix stock will rally in the second half of 2026. Here’s why the firm raised its price target on WIX shares today.

Salesforce (CRM) could temper expectations for an acceleration in second-half revenue amid mixed cus

Joby Aviation (NYSE:JOBY) just made its boldest move yet, and it has nothing to do with flying you to the airport. On August 11, the air taxi developer said it would acquire defense technology company Resonant Sciences for about $500 million, split between roughly $450 million in cash and $50 million in stock. The deal […]

While the market sees a legacy platform, a newer eBay is emerging from within. The company's focused categories, from luxury goods to auto parts, are quietly becoming the core business. This specific segment grew 26% last quarter and for the first time eclipsed 40% of total gross merchandise volume.

Polymarket has hired a former executive of Uber Technologies (NYSE: $UBER) to lead its growth initiative.

Okta is gearing up to release its Q2 earnings report on Aug. 26, with Wall Street watching whether accelerating AI-security demand can sustain the stock’s powerful rally.

Lyft, Inc. (NASDAQ:LYFT)’s second-quarter results were strong in several areas, but they also showed why investors should not look at the company’s growth numbers in isolation. Gross bookings reached a record $5.50 billion, increasing 23% from a year earlier. Revenue rose 16% to $1.84 billion and came in above expectations. Those are good numbers. But […]

After a brief and unsuccessful career as a broker, Kenneth Thom reinvented himself as a trading guru on social media, costing investors nearly $800,000.
Higher prices put Google's AI advantage to the test

September Nymex natural gas (NGU26 ) on Wednesday closed up +0.037 (+1.34%). Nat-gas prices closed higher on Wednesday as forecasts remain warm. Vaisala forecasts continued hotter-than-average temperatures for the Midwest and South for Aug 17-21, and above-normal temperatures for the West for Aug 22-26. On the bearish side, the US...
The next leg of the rebound may be more selective
Makan Delrahim made the disclosure at Politico’s California Agenda conference, according to Reuters, signaling that Paramount is willing to go beyond internal safeguards to salvage a deal that has become one of the most politically charged media mergers in years. Warner Bros. Discovery is the publicly traded parent of CNN (NASDAQ: WBD), and the merger’s fate directly determines whether Ellison’s Paramount consolidates control over both CBS News and the cable network.
One crucial launch milestone could determine whether the bet pays
Not every crypto wallet is as secure or transparent as it appears. We ran the most widely used ones through rigorous testing to find seven that actually hold up.

Intel Corp (NASDAQ:INTC, XETRA:INL) priced roughly $20 billion in new equity this week, a move analysts at BofA Securities said reflects growing confidence in the chipmaker's foundry business rather than a defensive balance-sheet play. The bank estimates the offering, which includes a 15%...

On Monday, Rocket Lab Corp. CEO Peter Beck said the company’s planned $8 billion acquisition of Iridium Communications Inc. is opening a new space-services opportunity — one that largely steers clear of the consumer broadband market dominated by Space Exploration...

The LEO satellite maker still has a bright future.
Memory costs push smartphone prices higher.

Space Exploration Technologies Corp. (NASDAQ:SPCX) is moving forward with an ambitious execution plan. The company expects to conduct another Starship test flight this month, along with the deployment of upgraded Starlink satellites and upper-stage recovery attempts in the coming weeks. Even so, investors were more concerned about its financial trajectory than the technical milestones. Despite […]

Anthropic’s expanding data center footprint strengthens AMD’s AI growth story as Instinct deployments accelerate and Data Center revenue surges.

SpaceX shares soared after Elon Musk revealed AI could soon become the company's biggest revenue driver. But with heavy spending and a lofty valuation, is the excitement justified?

Zuckerberg recently shared what he sees for the future of AI on Meta's Q2 earnings call.
Alphabet is tightening corporate oversight and reorganizing its Google DeepMind unit to prioritize the commercial performance of its flagship Gemini AI model.

The shift moves Zillow's ad business, Zillow Elevate, from custom onsite campaigns into scalable, off-site media capabilities. Pinterest is its first partner.

Mosaic (NYSE:MOS) announces cash tender offers to repurchase certain outstanding debt securities, funded by a new fixed income offering. The company begins the tender process alongside the completion of new senior notes, with the goal of adjusting its debt profile and maturity mix. Mosaic highlights potential effects on interest costs, liquidity, and overall balance sheet structure as key aims of the transaction. For readers looking to build on this update with more ideas in related...

