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Bloomberg11d agoneutral
Tencent, EU Fund Invest in AI Coding Startup Lovable at $13 Billion Valuation

(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

Bloomberg11d agoneutral
Most Power Sought for US Data Centers Will Never Materialize

(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

Red-Hot Power Stocks Are Losing Steam
The Wall Street Journal11d agoneutral
Red-Hot Power Stocks Are Losing Steam

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.

Elbit Systems (TASE:ESLT) Drops After Earnings, Is The Pullback A Buying Opportunity?
Simply Wall St.11d agobearish
Elbit Systems (TASE:ESLT) Drops After Earnings, Is The Pullback A Buying Opportunity?

How the latest earnings and dividend news frame Elbit Systems today Elbit Systems (TASE:ESLT) just posted second quarter 2026 results and reaffirmed its dividend, giving you fresh information on sales, profitability, backlog and cash returns to shareholders to reassess the stock. See our latest analysis for Elbit Systems. Despite the sharp 9.41% decline in the 1 day share price return to ₪2,340.0 following Elbit Systems' earnings release and dividend affirmation, the 25.66% year to date share...

PepsiCo (PEP) Enters Fresh Meals With Its US Alvalle Gazpacho Launch
Simply Wall St.11d agoneutral
PepsiCo (PEP) Enters Fresh Meals With Its US Alvalle Gazpacho Launch

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 (DASH) Stock Looks Above Fair Value While Earnings Also Look Rich
Simply Wall St.11d agoneutral
DoorDash (DASH) Stock Looks Above Fair Value While Earnings Also Look Rich

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 (HIMS) Stock Looks Cheap Even With Legal Risk
Simply Wall St.11d agoneutral
Hims & Hers Health (HIMS) Stock Looks Cheap Even With Legal Risk

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...

T-Mobile's CEO just dismantled SpaceX and Starlink's big goal
TheStreet11d agoneutral
T-Mobile's CEO just dismantled SpaceX and Starlink's big goal

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 launches $250 billion initiative for US tech, energy infrastructure
Reuters11d agoneutral
Bank of America launches $250 billion initiative for US tech, energy infrastructure

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.

3 Big Reasons to Love GE Vernova (GEV)
StockStory11d agoneutral
3 Big Reasons to Love GE Vernova (GEV)

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.