Solstice launched Solana’s first STRC-linked product, splitting exposure into a 7% senior tranche and a 20% APY junior tranche. Strategy sold 1,690 BTC for $108.6 ...
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With the automaker’s divestment, the facility will become the battery maker’s first wholly owned factory in North America.

SAN FRANCISCO, Aug 12 (Reuters) - Eli Lilly on Wednesday said it had filed six lawsuits against U. companies it accuses of illegally selling black-market versions of its experimental obesity drug retatrutide, escalating its campaign against unauthorized sellers before the medicine has won regulatory approval.
(Bloomberg) -- Swedish coding startup Lovable has raised funding at a $13.3 billion valuation, bringing in fresh capital to compete with larger rivals like Anthropic and Elon Musk’s SpaceX. Most Read from BloombergFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AIPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DrivePakistan Says Deal Is Close Even as Iran, US Harden StancesTata Sons Chairman to Step Down, Deepening Leadership TurmoilTrump Weighs Call for Capital Gain
(Bloomberg) -- More than two-thirds of the electricity sought for the artificial intelligence boom in the US isn’t likely to materialize due to “phantom” projects and long-shot pitches.Most Read from BloombergFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AIPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DrivePakistan Says Deal Is Close Even as Iran, US Harden StancesTata Sons Chairman to Step Down, Deepening Leadership TurmoilTrump Weighs Call for Capital Gains Tax

For some time, it seemed as though owners of existing power plants—such as Vistra and Constellation Energy —were in a great spot. With demand growth outstripping new power supply, incumbent power plants could reap higher prices for their output without putting much capital at risk. Power plant owners have had a rough year on the stock market.

The robotics boom could benefit far more than Tesla.

Another $42.5 billion in potential selling pressure takes effect on Aug. 21.

Server solutions provider Super Micro (NASDAQ:SMCI) will be reporting results this Tuesday afternoon. Here’s what you need to know.

E-commerce and gaming company Sea (NYSE:SE) will be reporting results this Tuesday before market hours. Here’s what to expect.

Investors braced for fresh Consumer Price Index (CPI) data, which could alter the Fed's interest rate calculus.
(Updates with Hagap-Lloyd's response in the fourth paragraph.) ZIM Integrated Shipping Services'

PepsiCo (NasdaqGS:PEP) has launched its Alvalle gazpacho line in the U.S., moving into the fresh, refrigerated meal category. The company also announced a multi-year beverage partnership with the Tampa Bay Buccaneers, replacing the NFL franchise's prior beverage sponsor of 50 years. The Alvalle launch and Buccaneers deal highlight PepsiCo's push into ingredient-focused convenience foods and new sports marketing channels. For investors tracking PepsiCo, this is a useful moment to also review...

DoorDash stock has delivered a strong 168.9% gain over the past three years, yet the broader valuation checks currently lean toward the shares looking expensive rather than like a clear bargain. DoorDash has returned 168.9% over three years, which sets a high bar for any further upside from today’s valuation. Growth expectations around delivery, grocery and retail expansion can support richer pricing. However, execution risks in areas like drone delivery and AI integration may weigh on how...

Hims & Hers Health stock has pulled back recently yet is still up a little over 3x in five years, which leaves investors weighing that strong long term gain against a valuation profile that screens as neither clearly cheap nor clearly expensive. The share price has delivered about 341% over five years, so anyone looking at Hims & Hers Health today is assessing a company that has already created substantial returns over a medium term horizon. Growth expectations around its telehealth platform...

U. S. stock futures moved higher ahead of closely watched July inflation figures, with investors looking for clues about how the data could influence Federal Reserve interest rate decisions over the coming months.

SpaceX's first earnings call put the wireless industry on notice. SpaceX CEO Elon Musk and COO Gwynne Shotwell said Starlink was coming for Verizon, AT&T, and T-Mobile. They cited a $600 billion U.S. wireless market and said they expected to take customers from all three. Wall Street took it ...

Bank of America said on Wednesday it plans to deploy $250 billion through July next year to support U.S. digital and infrastructure projects, an initiative it says will bolster the country's economic growth and help create tens of thousands of jobs. The Wall Street bank's "Critical Infrastructure Finance Initiative," launched on the heels of the nation's 250th anniversary celebrations, will include primary market lending, investments, capital markets services, and banking and advisory offerings.

GE Vernova’s 25.3% return over the past six months has outpaced the S&P 500 by 14.2%, and its stock price has climbed to $990.50 per share. This performance may have investors wondering how to approach the situation.

America's biggest financial firms are lining up to unlock vast sums of private capital for infrastructure investment.

Bank of America is launching a $250 billion initiative to finance U.S. data centers, energy, semiconductors, transportation and other critical infrastructure
Bank of America has committed $250bn to fund US infrastructure projects in a move that will support Donald Trump’s “America First” agenda after...

The bank is joining rivals that are rolling out pledges to back investments in U.S. critical industries.

The bank is joining rivals that are rolling out pledges to back investments in U.S. critical industries.
Autonomous software agents have spent years as digital ghosts—clever enough to scrape and summarize, but perpetually unable to pay for their own lunch. That ledger-backed reality finally shifted on August 4, 2026, with the launch of Cloudflare Wallets. It is a quiet, structural pivot: software that can finally hold a purse string. The friction in […]

SoundHound's conversational artificial intelligence software is in high demand.

The cost of Amazon's AI pivot may be weighing on the stock.

The chip and software giant's reported profits more than doubled over the past year -- which happens to be how this gap closed both times before.

Stock futures were rising on Wednesday after cloud computing company CoreWeave, optical networking company Lumentum, and server maker Super Micro all reported solid quarterly results, breathing some life into the AI trade ahead of the July inflation report.
