Joby Aviation, Inc. stock rose Tuesday after the company and Toyota Motor Corporation formed a joint venture to support commercial production and scale-up of Joby’s electric air taxi aircraft. This builds upon a deep, multi-year collaboration and follows Toyota’s massive...
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MILAN, July 3 (Reuters) - Ferrari launched a limited-edition 12-cylinder model with a manual gearbox on Friday, appealing to traditional fans of roaring petrol engines and hands-on driving after the
For years electric vehicles were the auto industry's most significant growth story. That story has become more complicated. Demand has been patchy. Losses have stung. Car producers have been compelled to re-evaluate how swiftly they should invest in battery factories, electric lorries and ...
(Updates prices in the second paragraph.) Gold traded higher midafternoon Friday in light electro
RTX trades at $198.71 and has moved in lockstep with the market. Its shares have returned 5.6% over the last six months while the S&P 500 has gained 8.4%.
Baker Hughes is poised to release its second-quarter results later this month, with analysts expecting a double-digit decrease in earnings.
Exxon Mobil (XOM) officially moved its legal home from New Jersey to Texas this week. The move became official on July 1, as shareholders had already approved it. Exxon also won a major legal battle. On June 23, the U.S. Supreme Court ruled 6-3 in Exxon's favor. The ruling revives an old lawsuit ...
OpenAI and Anthropic appear uniquely positioned to become the market's next blockbuster listings.
Dynatrace trades at $45.15 per share and has stayed right on track with the overall market, gaining 5.9% over the last six months. At the same time, the S&P 500 has returned 8.4%.
AI demand is driving strong growth across HBM, DRAM and NAND.
HSBC Backs Micron, Says AI Demand Remains a Powerful Growth Driver
Central bank independence is critical to economic growth and healthy financial markets.
U.S. equities have been solid so far in 2026, and according to JPMorgan's global investment strategist, Kriti Gupta, the S&P 500 could climb as high as 9,000 by mid-2027. That would mark a gain of about 20% from where the index sits now. The bank's analysts back that outlook with two specific ...
My Coca-Cola (NYSE:KO) call is straightforward. After a 21.97% year-to-date run that has pushed shares to their 52-week high of $84.14, momentum, fundamentals, and defensive positioning all point higher. Our 24/7 Wall St. price target for Coca-Cola is $91.13, implying 8.31% upside over the next 12 months. The recommendation is buy with high confidence at ... Price Prediction: Coca-Cola’s Fourth Consecutive Earnings Beat Sets Up a Run Toward a New High
Every monopoly looks permanent right up until it isn't. Standard Oil looked untouchable. AT&T (T) owned the telephone for most of a century. In markets, dominance is usually a lease rather than a deed, and the rent comes due the moment a competitor with deeper pockets decides the prize is worth ...
Trump expects Musk may join Micron and Dell in backing child investment accounts launching July 4.
The momentum trade that powered the US stock market through the first half of 2026 is showing cracks, and Bloomberg US Equities Reporter Natalia Kniazhevich says the unwind is already underway. On the July 3 Bloomberg Daybreak segment, Kniazhevich explained that “Momentum is the best-performing factor. It is up by 28% year to date. We ... Top Bloomberg Reporter: Wall Street’s Biggest Winning Trade Is “Starting to Fade” After Jobs Report Shock
Weak US jobs data helped gold extend gains as investors scaled back July rate-hike expectations.
Veralto is expected to report its Q2 results soon. Here’s what analysts think about it before that…
Here’s what analysts are expecting from Waste Management’s Q2 results to be released on July 28.
Payments platform Fiserv and service station operators including BP have warned their U.S. partners and store owners not to deal in illegal vapes or risk heavy fines as a consequence, notices seen by Reuters show. Backed by attorneys general from states including California, Illinois and Arizona as well as authorities from the city of New York, the District of Columbia and Puerto Rico, the crackdown has in recent weeks helped secure a ban on vapes by Shopify. "BP has learned that MasterCard has begun issuing... compliance violation notices to merchants throughout the industry for processing sales transactions for illegal electronic nicotine delivery system products," BP wrote in an undated notice to its gas station operators.
Micron just reported blowout earnings, but there's one detail from the report investors should not overlook.
The U.S. economy has proven remarkably resilient over the past two decades. Sure, COVID briefly punished the economy, but the downturn was short-lived after the Federal Reserve slashed interest rates to near zero and launched another round of quantitative easing, purchasing large quantities of government and mortgage-backed debt to stabilize financial markets and support lending. ... Two Sector Income ETFs Outyielding the S&P 500 by More Than 2 Percent Heading Into a Possible Recession
7-Eleven has filed a trademark infringement lawsuit against Nike Inc (NYSE:NKE, XETRA:NKE), alleging that the design of an upcoming Air Max 95 sneaker improperly incorporates elements of the convenience store chain’s branding. The complaint, filed in federal court in Dallas, claims the shoe...
Cadence Design is expected to release its fiscal Q2 earnings soon, and analysts project a significant EPS rise.
(Bloomberg) -- Equities and event-driven strategies led hedge-fund gains in the first half of the year, after a brutal first quarter gave way to a broad recovery in recent months.Most Read from BloombergExxon to Change Name for First Time in Decades After RedomicileWhy the Great American State Fair Looks So EmptyGermany Rejects Trump’s Demands for NATO Loyalty to WashingtonRussia Indicates Ukraine Fired Long-Range Ballistic MissileMeta Is Planning a Cloud Business to Sell AI Computing PowerCastl
Walmart (NYSE:WMT) has quietly built one of the most convincing defensive setups in the market. With consumer sentiment at recessionary levels and grocery spending still climbing, the world’s largest retailer is executing across omnichannel, advertising, and membership at the same time. Our proprietary model sees room for the stock to keep grinding higher over the ... Walmart’s Defensive Appeal and 89% Analyst Support Point to 17% Upside
Tesla said on Friday its robotaxi was available in Miami, as the electric vehicle maker looks to expand its autonomous ride-hailing operations. The expansion highlights Tesla's efforts to increase adoption of its self-driving software, a version of which it uses in the robotaxis and a key part of CEO Elon Musk's shift from EVs to AI and robotics. Tesla's move comes as the robotaxi sector gains momentum, with competitors such as Alphabet's Waymo and Amazon's Zoox accelerating their expansion efforts.
U.K.’s BAE Systems, Italy’s Leonardo and Japan Aircraft Industrial Enhancement Co. secured a contract to develop a new stealth fighter jet.
ELV seeks to recover an estimated $115 million through a CMS lawsuit over Medicare Advantage Star Ratings and disputed bonus payments.