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PepsiCo spent February cutting prices. Lay's, Doritos, Cheetos, and Tostitos are all down 15%. The company needed American shoppers to start buying snacks again, and cheaper prices seemed like the obvious way to get them back. It didn't really work. And when CEO Ramon Laguarta got on the Q2 ...
Investing.com -- California Attorney General Rob Bonta on Monday led a coalition of 12 state attorneys general in filing a lawsuit to block Paramount Skydance's proposed $110 billion acquisition of Warner Bros. Discovery, arguing the deal would unlawfully reduce competition across the U.S. film and television industry.
Following an August 2025 executive order from President Donald Trump, the Department of Labor proposed a rule on March 30, 2026, creating a safe harbor for plan fiduciaries who add private equity, private credit, and other alternative assets to 401(k) lineups. The change could affect more ...
The AI boom isn't just fueling the memory trade. The not-so-flashy analogy chip space is also seeing a boost.
Someone on X (the former Twitter) was criticizing the deal Anthropic struck with SpaceX to use its Colossus data centers. The argument was that handing $45 billion to SpaceX through May 2029 could be a massive unforced error, potentially letting xAI drain Anthropic's token traffic and leaving ...
A coalition of a dozen states alleged the Hollywood merger would boost prices for consumers and lower quality for film and television.
Rocket Lab is a pure-play space stock with businesses spanning the entire space value chain.
Since the AI hiring correction took hold, tens of thousands of employees have watched their jobs disappear, despite the companies that cut them posting some of the strongest earnings in their history. Oracle (ORCL) eliminated 21,000 positions over the past year, even as its full-year adjusted ...
(Bloomberg) -- Europe’s sovereign-debt dynamics are in danger of going badly awry if the region doesn’t get a grip on its public finances, the International Monetary Fund said.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkHormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleDOJ Is Probing Claims UAW’s President Abused Unio
By Jody Godoy July 13 (Reuters) - California and 11 states are suing to block Paramount's $110 billion acquisition of Warner Bros.
Jason Kidd, COO of the $46 billion fast-casual chain, is looking to promote talent with four key traits—team players who “own the outcome” have the best shot.
Delta Air Lines' (DAL) decision to reiterate its full-year outlook despite incurring an estimated $3
Goldman Sachs sees AI fueling the next inflation wave. Here's how ETFs can help position portfolios.
Big banks are kicking off second quarter earnings season on Tuesday, with reports from JPMorgan (JPM), Goldman Sachs (GS), Wells Fargo (WFC), Bank of America (BAC), and Citigroup (C). Morgan Stanley (MS) posts its results on Wednesday. Yahoo Finance Senior Reporter David Hollerith explains what investors need to know.
(Bloomberg) -- A federal appeals court revived lawsuits that claim Kenvue Inc. hid alleged risks that Tylenol could cause autism in children whose mothers took the over-the-counter pain medication while pregnant, a controversy that’s roiled the medical community.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkHormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Momen
Shares of SpaceX are headed for a new post-IPO low, as they get closer to their offering price of $135. Shares traded as low as $137.68 before recovering a bit to trade above $139, down about 4% on the day.
Axon Enterprise is expected to announce its second-quarter results soon, and analysts project a double-digit earnings decrease.
SpaceX plans to launch the newest version of its Starship rocket later this week, after a mishap postponed an earlier planned mission and prompted the Federal Aviation Administration to require an investigation into the issue.
Yahoo Finance Senior Reporter Brooke DiPalma, Data and Markets Editor Jared Blikre and Visible Alpha Head of TMT Research Melissa Otto join Brian Sozzi on Opening Bid to discuss earnings revisions across the technology sector and what they could mean for investors.
Costco has built its reputation on a simple premise -- offer members high-quality products at competitive prices. From groceries to household goods to its popular private-label Kirkland Signature line, Costco’s success depends heavily on consumer trust. Shoppers often buy in bulk ...
📣 “Investors are thinking about rebalancing portfolios after a phenomenal run...You rebalance based on the stocks that are up by triple digits year-to-date.” —Helen Jewell, BlackRock CIO for fundamental equities, on today's selloff in memory-chip stocks.
AvalonBay Communities is set to announce its second-quarter earnings later this month, and Wall Street expects a marginal decline in its profits.
As part of the deal, Blackstone and its partners will receive 49% noncontrolling equity interest in five power-infrastructure projects.
Western Digital is set to announce its second-quarter earnings soon, and Wall Street expects a triple-digit rise in its profit.
Evercore recently said the overall landscape for big banks remains promising, creating an environment ripe for continued investment.
Wall Street heads into one of its busiest weeks of the summer, with second-quarter earnings season shifting into high gear alongside key inflation data and closely watched testimony from Federal Reserve Chair Kevin Warsh. The week kicks off with a flood of bank earnings. JPMorgan Chase,...
Vertex Pharmaceuticals will release its second-quarter earnings next month, and analysts anticipate a single-digit bottom-line growth.
(Bloomberg) -- Wall Street’s trading bonanza is poised to keep rolling. Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysTrump Embraces Australian Retirement System Backed by Larry FinkOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleUS Renews Iran Strikes as Both Sides Dispute Hormuz StatusThe biggest US banks — set to kick off a marathon Tuesday with five of those firms reporting se
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