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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 ...
By Sinéad Carew and Stefano Rebaudo July 13 (Reuters) - Stocks fell and oil prices rallied on Monday, while government bond yields rose, after U.S. and Iranian forces renewed exchanges of heavy
State attorneys general from a dozen states including California, New York and Washington filed a lawsuit to block Paramount Skydance's $110 billion takeover of Warner Bros. Discovery.
SpaceX spent nearly a month giving back its IPO gains. SK hynix erased its opening-day surge before the first session even closed. When two of the most anticipated debuts of the year unravel this fast, something bigger than bad timing is at work.
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.
Oil prices jumped on Monday as President Donald Trump said the U.S. will reimpose a blockade on Iranian ports and provide other countries safe passage —for a fee — through the Strait of Hormuz. The announcement follows an escalation of U.S.-Iran military strikes after Tehran had targeted ships in the Strait traveling an alternative path to the Tehran-approved route open for ships paying a fee to the regime. With U.S.-Iran negotiations at an impasse over control of the key global shipping route and Tehran's nuclear program, the diplomatic route — and Wall Street's assumption that flare-ups in fighting won't lead the sides back to war — is facing its biggest test.
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.
Another analyst on Wall Street is getting on board the SpaceX trade, just as the stock hits a weak moment.
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.
BENGALURU, July 13 (Reuters) - India's Grasim Industries said on Monday its unit will buy Sprng Energy from British oil major Shell in a deal worth $1.8 billion, including debt, making it one of the
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.
The iShares Gold Trust (NYSEARCA:IAU) is one of the cheapest and simplest ways to hold gold in a brokerage account. Investors own IAU for a direct claim on the metal, low tracking error relative to the spot price, and as a hedge against inflation, real rates, and dollar weakness. The trust has delivered exactly what ... The Same Gold Rally, 79% More Upside: Miners vs. Bullion Over the Past Year
AvalonBay Communities is set to announce its second-quarter earnings later this month, and Wall Street expects a marginal decline in its profits.
Memory chip stocks have been some of the market’s top performers this year, but they're struggling today. Sandisk, which is up more than 600% since the start of the year, is down 10%, making it the S&P 500's worst performer.
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.
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