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Public dispute escalates as Apple sues OpenAI and Musk renews criticism while defending SpaceX's AI infrastructure plans.

Investing.com -- Truist Securities upgraded Biogen to Buy from Hold and raised its price target to $235 from $190, citing growing confidence in the company’s Alzheimer’s and immunology pipeline ahead of several major clinical data readouts over the next two years.

Visa is set to report Q3 earnings next month, with analysts expecting high single-digit EPS growth.

Chipotle has to deliver on a few fronts soon.

(Bloomberg) -- Walt Disney Co. shares have been in a slump for years, but Wells Fargo Securities said there’s one possible move that could reverse the trend: ditching its streaming-video business.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirement System Backed by Larry FinkUS Renews Iran Strikes as Bot

US stocks are set for a weaker start to the week after last week finished on a positive note, with technology shares expected to come under the most pressure as investors balanced renewed geopolitical tensions against a busy week for inflation data and the start of bank earnings...

Oppenheimer and KeyBanc lowered their price targets on NFLX stock on Monday ahead of its second-quarter earnings later this week.

According to TheFly, TD Cowen analysts raised their price target for Cloudflare to $300 from $250 while maintaining a ‘Buy’ rating.

ON Semiconductor will report its second-quarter earnings soon, and Wall Street expects its profitability to improve by double digits.

(Bloomberg) -- For years, banks largely watched stablecoins evolve from a niche cryptocurrency product into a payments network moving tens of trillions of dollars annually. Now they’re dusting off the same collaborative playbook that produced Zelle, betting shared infrastructure is the best way to stop digital dollars from encroaching further on their business.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Gro

Intel has begun a €5 billion ($5.7 billion) capital investment at its Irish campus ‌to expand its manufacturing output in Europe and ‌meet growing global demand for AI and high-performance computing, the U.S. chipmaker ​said on Monday. Intel said the move would maximize capacity at its European manufacturing base in Leixlip outside Dublin, expanding current production output, advancing research and development activities and utilising ‌capacity across existing cleanroom ⁠space. Intel is one of the key multinationals in Ireland's foreign investment-focused economy, having already invested €30 ⁠billion in the country since 1989, more than half of which was spent between 2019 and 2023 to double ​capacity at ​the plant in order to ​produce the company's most ‌advanced process technologies.

(Bloomberg) -- Intel Corp. is spending €5 billion ($5.7 billion) to expand its plant in Ireland, as the chipmaker attempts to regain its manufacturing dominance for the AI boom.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirement System Backed by Larry FinkUS Renews Iran Strikes as Both Sides Dispute Hor

By Sai Ishwarbharath B July 13 (Reuters) - Nasdaq-listed fintech firm Payoneer Global plans to hire around 300 engineers by end of 2026 for its new global capability centre in India, joining a growing

Intel will invest €5bn to expand semiconductor manufacturing in Ireland as the US chipmaker seeks to grow production of processors used in AI...

Big banks are kicking off second quarter earnings season on Tuesday, Jul. 14, 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. RBC Capital Markets analyst Gerard Cassidy shares which banks he thinks could surprise markets and investors.

The benchmark US equity measures were pointing lower before the opening bell Monday amid rising tens

The chipmaker's June sales hit a record NT$442.68 billion, pushing second-quarter revenue above the top end of its own guidance

Agenus is financially abandoning an ongoing study in late-line colorectal cancer. Elsewhere, an ebola vaccine began human testing and an important Bristol Myers medicine got an FDA decision date.

Citi expects Apple to report higher margins for the third quarter due to recent price hikes across its product portfolio.

> $50 billion How much Meta Platforms expects its massive data center in Northeast Louisiana to cost—nearly double the original $27 billion estimate—after supersizing the project to 5 gigawatts of compute capacity.

SK Hynix stock lost its entire Nasdaq debut gain in Seoul; Wall Street braces for bank earnings and CPI data on Tuesday

Markets were subdued ahead of a busy week for markets, with inflation reports, bank earnings, and geopolitical risk hanging in the balance.

Federal Reserve interest-rate hikes are back in focus this week, thanks to rising inflation concerns following another surge in crude-oil prices. The U.S. and Iran traded fresh strikes over the weekend, and continued to dispute control of oil and energy flows through the Strait of Hormuz, after the breakdown of peace talks aimed at ending a conflict that has simmered for more than 4½ months. U.S. Central Command said around 140 Iranian targets were hit, while military officials from Tehran launched strikes on U.S. bases in the Gulf region, as well as a Kuwait-owned drilling installation.

Ultra-fast fashion retailer Shein is reportedly preparing for a long-anticipated initial public offering (IPO) now set to take place in Hong Kong as early as September or October.

July 13 (Reuters) - More than 200 researchers and economists, including 15 Nobel laureates and researchers at OpenAI, Anthropic and Google, have called for governments and technology leaders to

Earnings season kicks into gear this week with banks and tech stocks taking center stage. This week we have Bank of America, Taiwan Semiconductor, JP Morgan, Wells Fargo, Citigroup, Morgan Stanley, Goldman Sachs and Netflix all reporting in what shapes as a busy and pivotal week for stocks.

Alibaba’s applying a uniquely Chinese playbook in its efforts to win the world’s AI-ttention, and its flagship model is now number one.

Investing.com - U.S. stock futures were mixed on Monday as investors monitored a sharp selloff across the global memory-chip sector and assessed developments in the biotechnology space.

The company scaled up the size of its massive data-center project in Northeast Louisiana to 5 gigawatts of compute capacity and said it would now cost more than $50 billion.

The market expects the fed funds rate to be higher before this year comes to a close.