It had to happen. After the June 11 market close, Elon Musk took his Space Exploration Technologies Corp. (otherwise known as SpaceX) public. Price: $135 a share. Result: The company raised some $75 billion before expenses. The next day, when the shares could be traded, the shares reached $176.52, ...
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Over the past six months, Avery Dennison’s shares (currently trading at $163.83) have posted a disappointing 10.1% loss, well below the S&P 500’s 11.4% gain. This might have investors contemplating their next move.
Milk brand Fairlife is pausing its production in the U.S. after a ransomware cyberattack breached the company's systems. Coca-Cola, which owns Fairlife, announced Thursday that its dairy company had identified “unauthorized access by a third party” to a portion of its systems, including those related to production. “Product quality and safety have not been impacted," Atlanta-based Coca-Cola said in a statement.
Tesla Inc (NASDAQ:TSLA) is heading into its second-quarter earnings report with robotaxis doing most of the talking. Bank of America reiterated its Buy rating on the stock and $460 price objective, pointing to the service's rapid expansion, a delivery number that blew past Wall Street...
SpaceX’s valuation has swooned over the past month, and as of late Friday morning was more than $1 trillion lower than its peak, according FactSet. The company’s market capitalization hit a recent peak at almost $2.7 trillion on June 16, four days after shares in the company made their trading debut. SpaceX’s stock was trading down almost 6% around 11:15 a.m. ET.
All three major US stock indexes were down Friday, as chipmakers led the way down on the final tradi
Netflix's (NFLX) "solid" H2 pipeline as well as a normalization in viewership post recent events wil
QS heads into Q2 earnings with wider loss estimates, limited revenue visibility and ongoing pilot-line spending.
Jabil (JBL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
GE Aerospace (GE) posted a strong Q2 beat and raised its 2026 outlook, though lingering peak-afterma
GM heads into Q2 earnings with rising EPS estimates, as China restructuring and digital revenue growth may help offset weaker brand sales.
(Bloomberg) -- Lettuce supplier Taylor Farms told US regulators the company is preparing to issue a recall of ingredients linked to a diarrhea-causing parasite outbreak that’s sickened thousands in Michigan and nearby states, according to a document viewed by Bloomberg News.Most Read from BloombergChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesThailand Scrap

While reporting mixed second quarter earnings results, it's Netflix's (NFLX) disappointing third quarter outlook that's dragging the stock lower on Friday. BofA Securities senior media & entertainment analyst Jessica Reif Ehrlich addresses whether an acquisition is still on the table for the streaming giant after losing out on its bid for Warner Bros. Discovery (WBD).
The market is pricing Alphabet like a legacy ad company with an AI problem, and that gap between perception and reality is exactly where the opportunity lives ahead of the July 22 earnings report.
NEW YORK, July 17 (Reuters) - A New York state judge dismissed a lawsuit by a former JPMorgan Chase banker who in graphic terms said his former supervisor coerced him into sex and demanded his
GE Aerospace shares fell despite Q2 2026 earnings beats and raised full-year guidance, as investors weigh a rich 46x forward earnings valuation against a $210 billion backlog.
GOOGL heads into Q2 earnings with AI-fueled momentum in Search, Cloud and YouTube, even as heavy infrastructure spending pressures near-term margins.
Bank of America has announced senior appointments to drive AI adoption and implementation across its global markets group, according to an internal memo seen by Reuters on Friday. The bank named Kevin Milsom as head of platforms AI transformation, according to the memo by Ashok Krishnan, head of platforms within the global markets group. Krishnan leads efforts to modernize technology and increase automation, including the rollout of generative AI tools and other new technologies.
"Shark Tank" investor Kevin O’Leary owns Tesla (NASDAQ:TSLA) stock — and by his own admission, that means signing up for a level of volatility most investors aren’t used to. "If you own Tesla stock like I do, you’re already used...
Netflix stock fell after the video streamer disappointed investors with soft Q3 guidance and reduced disclosures.
Intuitive Surgical (NASDAQ: ISRG) shares fell about 11% on Friday after the robotic surgery company reported second-quarter results that topped Wall Street expectations but disappointed investors with slower US procedure growth and a cautious full-year outlook. The company reported second...
The rocket launch leader scrapped its much-anticipated Starship launch, and there's a lot investors should know.
Investing.com -- SpaceX stock continued lower on Friday as the space exploration and artificial intelligence company moved toward erasing more than $1 trillion from its peak market value.
(Bloomberg) -- Lucid Group Inc., the electric-vehicle maker, said it isn’t considering a bankruptcy, and so far, the market believes it.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model That Narrows Gap With US FirmsThailand Scraps Plan to End Visa-Free Entry for Indian TouristsThe Saudi-backed company i
Walmart is shuffling the leadership atop its massive U.S. business as the retailer’s new chief executive continues to build his team. Kieran Shanahan, chief operating officer for Walmart U.S., will leave the role this week, the company said in an internal memo viewed by The Wall Street Journal. Shanahan, 45 years old, will be succeeded by Kyle Kinnard, currently COO for Walmart International.
(Bloomberg) -- The cost of hedging against swings in the dollar has fallen to its lowest level this year, signaling that traders see little chance of a major catalyst disrupting the world’s reserve currency despite an uncertain Federal Reserve outlook and resurgent conflict in the Middle East.Most Read from BloombergChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsFCC Near Rulings Against Disney Over ‘The View,’ TV Lic
DoorDash is expected to announce its second-quarter earnings in August, and Wall Street forecasts a double-digit decrease in its bottom line.
Bank of America watches about 38.7 million checking accounts. That's not a marketing number. It's the size of the window the bank has into how ordinary Americans are actually spending their money, week by week. When Brian Moynihan speaks about the consumer, that's the data he's pulling from, and ...
(Bloomberg) -- ASML Holding NV will give employees globally a one-time €20,000 ($22,862) bonus, joining other firms in the chip industry to offer payouts as artificial intelligence demand fuels record sales. Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model That Narrows Gap With US FirmsThailand Scraps P
The iPhone maker became the U.S.’s most valuable publicly traded company as investors are shifting focus from hardware supply to consumer execution.