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Palantir Technologies (PLTR) is giving Wall Street a familiar problem. Investors admire the company's stance on artificial intelligence, government software, national security, and enterprise automation. They also ask how much they should pay for that growth. That tension has haunted Palantir for ...
(Bloomberg) -- President Xi Jinping’s agreement to free an imprisoned Christian pastor at President Donald Trump’s request showcased an improved state of US-China relations ahead of challenging negotiations looming in the run-up to their next summit in September.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash M
Hans Ibarra, a founder building an AI-voice startup, has found himself on the receiving end of a big opportunity: Top artificial-intelligence companies such as OpenAI, Anthropic and others desperate to win his business are ramping up discounts. Across Silicon Valley, startup founders like Ibarra are enjoying a wave of computing credits and fielding competing offers from AI-model makers racing to land new enterprise customers. The offers from growing AI-sales armies at companies such as OpenAI and Anthropic are so rich that some early-stage startup founders say they won’t need to raise money as soon as they expected, and others have been able to play AI companies off one another.
Yahoo Finance's Brooke DiPalma and Josh Lipton discuss 7-Eleven's federal trademark infringement lawsuit against Nike, which aims to block the unapproved release of an upcoming Air Max 95 sneaker featuring the convenience store's signature tri-color palette on July 11.
Wall Street's biggest banks reportedly held preliminary talks to acquire a Fiserv network that could help them bypass federal debit-card fee caps.
Oil was at $107 a barrel in May. Tankers were sailing thousands of miles out of their way. Refiners in Asia were bidding up whatever crude they could find that did not have to pass through the Strait of Hormuz. None of that is true anymore. Brent settled near $68 on July 6. The Strait is open. And ...
The strong results from the world’s largest memory chip maker are likely to help ease recent market concerns about the sustainability of AI computing-capacity spending.
Walt Disney World visitors planning a trip to Epcot later this year will soon lose access to one of the park's most iconic dining experiences. The restaurant is unlike any other at Disney World, allowing guests to dine beside a massive living coral reef aquarium through floor-to-ceiling windows ...
Tesla (TSLA) finally gave investors a delivery rebound. But BYD nevertheless claimed the crown back. That’s the painful part of the new worldwide electric-vehicle numbers. Tesla produced 480,126 vehicles in the second quarter, easily beating Wall Street estimates and indicating demand had bounced ...
Samsung Electronics on Tuesday forecast a 19-fold jump in second-quarter operating profit from a year earlier, its third consecutive quarter of record operating profit, as AI-driven demand continued to boost memory chip prices. The world's largest memory chipmaker estimated April-June operating profit at 89.4 trillion won ($58.44 billion), beating an LSEG SmartEstimate of 87.3 trillion won, according to a regulatory filing. It reported a profit of 4.7 trillion won a year earlier.
Walmart is cutting prices on thousands of items to help customers with affordability after years of inflation. The largest U.S. grocer said Monday it is lowering the price of ground beef by 12%. A 24-pack of Coca-Cola is falling by one-third to $9.97.
(Bloomberg) -- Syntiant Corp., a company making semiconductors and software for artificial intelligence, filed for an initial public offering to tap investors’ enthusiasm for the technology. Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsSaudis Slash Main Oil Price to Rare Discount as Market DivesTwo Millennium Trading Po
Semiconductor and AI-linked stocks led the advance, while earnings, Treasury yields, and inflation data will test whether the rally can move beyond a narrow group of technology leaders.
Nvidia (NVDA) investors were more or less expecting another clean step forward in the AI upgrade cycle. Rubin was expected to continue pushing the roadmap ahead, customers would keep chasing capacity, and rivals would remain stuck trying to close an insurmountable lead. That confidence, though, has ...
By Stephen Culp NEW YORK, July 6 (Reuters) - Wall Street advanced on Monday as a rebound in semiconductors put the Nasdaq on top.
Alibaba’s reported ban on Anthropic’s Claude Code looks, on the surface, like an IT decision at a company. It’s probably bigger than that. A Chinese tech giant has warned staff not to use Anthropic’s AI coding helper at work and has directed them toward its own coding platform, Qoder, Reuters ...
The acquisition would add to Vertex’s pipeline and potentially grow its annual revenue by $5 billion with the addition of Crinetics-developed drugs Palsonify and Atumelnant, the company said.
US Chief Design Officer Joe Gebbia, co-founder of Airbnb, discusses the design and benefits of the Trump Accounts site and app on "Bloomberg The Close."
SK Hynix lowered its target for its huge U.S. share offering. The South Korean chip-maker now plans on raising $28 billion in a U.S. listing in the coming days. That is slightly less than originally sought, due to a recent share-price decline.
The listing will make it easier to invest in one of the world’s biggest chip companies. The sector helped the Nasdaq composite rise 1.1%.
(Bloomberg) -- Global traders have turned the most positive on the outlook for the dollar since 2015 as bets that borrowing costs will remain elevated for longer have fueled a monthlong rally in the US currency.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsSaudis Sl
MARKETS PM NEWSLETTER This is an edition of the Markets P.M. newsletter, a recap of the day’s most important markets moves, delivered after the closing bell. If you’re not subscribed, sign up here. What Happened in Markets Today Tech stocks rallied back after fizzling before the holiday.
A retiree who starts with a 10% dividend yield can collect far more income on day one than someone earning 3.5%. Twenty years later, the tables may have turned. One income stream stayed flat while inflation chipped away at its buying power. The other kept growing year after year until it was paying dramatically more. ... Double Your Retirement Income in a Decade. Here’s How.
Coca-Cola (KO) just gave its fans something new, but it’s not making it easy to get. The beverage giant just rolled out five new flavors, doubling down on a strategy that looks far from being a typical soda launch and more of a scarcity play. So it’s not looking to flood grocery aisles or ...
On this episode of CoinDesk's Public Keys at the New York Stock Exchange, Jennifer Sanasie is joined by Two Prime Founder and CEO Alex Blume to discuss Bitcoin's range-bound price action, Strategy's accelerating Bitcoin sell-off, and why he's skeptical of the stablecoin consortium behind OpenUSD that knocked Circle lower. In a taped interview from the NYSE floor, Securitize CEO Carlos Domingo breaks down the company's NYSE debut under the ticker SECZ via a SPAC deal, its more than $400 million raise, and its move to tokenize its own common stock on the Solana and Avalanche blockchains. Plus, Lumida CEO Ram Ahluwalia makes sense of the macro picture — from MicroStrategy's shift from Bitcoin's marginal buyer to marginal seller and the bull case for Hyperliquid, to why he sees non-farm payrolls as "noise" under new Fed Chair Kevin Warsh. - Learn more at https://www.bullish.com/. - Register now for CoinDesk's Policy and Regulation event on September 22, 2026: https://policy-regulation.coindesk.com/. - To get market moving news delivered daily, download CoinDesk’s mobile app: https://linktr.ee/coindeskapp.
Bitcoin-hoarding company Strategy created a bespoke metric called mNAV to track the preimium investors gave the company over the value of its bitcoin holdings. Read more here on the recent problem coming to a head with that metric.
Elon Musk‘s Space Exploration Technologies Corp. guided 260 Starlink satellites to burn up in Earth’s atmosphere between Dec. 1, 2025, and May 31, 2026, according to a semiannual compliance report filed with the Federal Communications Commission (FCC). SpaceX Retires Satellites...
(Updates gold price in the second paragraph.) Gold rose for a third session early on Monday, clim
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