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(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe
Growth boosts valuation multiples, but it doesn’t always last forever. Companies that cannot maintain it are often penalized with large declines in market value, a lesson ingrained in investors who lost money in tech stocks during 2022.
The company is fighting to protect itself from liability in multiple cases of social media addiction and a potentially crushing wave of payouts.
The healthcare stock is now up more than 130% this year.
Its travel rivals moved a fraction as much in the same session, which points most of the explanation back inside Airbnb's own product.
Trump Media's crypto ambitions just hit a wall.
AMD added support for Meta's Muse Glimmer 30B model.
Software stocks are staging a comeback in the second half of the year, according to Jefferies analysts, who pointed to strong results from ServiceNow Inc (NYSE:NOW, XETRA:4S0), SAP, Roper Technologies, Atlassian (NASDAQ:TEAM) and Cloudflare as evidence the sector is shaking off fears of...
BMO raised its target after stronger results but retained a neutral rating and a valuation below Airbnb's current share price.
CoreWeave reports second-quarter results Aug. 11.
The rally added about $562 billion to its market value.
Netflix nearly doubled ad commitments at its 2026 Upfront.
A weekend debate on social media about optics replacing memory as the hottest AI trade sent optical stocks surging at Monday's open, then something unexpected happened within the first ten minutes of trading.
Tesla formally confirmed Starlink direct integration into the Cybercab—its purpose-built robotaxi—in late July.
AST SpaceMobile is scheduled to report its Q2 earnings today after market close. Wall Street remains bullish on ASTS shares heading into the quarterly print.
Foundayo secured its first European authorization, extending Lilly's obesity portfolio beyond injectable medicines
SoundHound's revenue hit a record high last quarter, and the company boosted its guidance.
J.B. Hunt Transport Services celebrated its 65th anniversary by ringing the Nasdaq opening bell in New York City on Monday. The post J.B. Hunt celebrates 65 years ringing Nasdaq opening bell appeared first on FreightWaves.
Meta introduced an open-weight model and a community fund intended to reduce resistance surrounding its enormous data-center expansion.
Datadog (NASDAQ:DDOG) just posted one of its strongest quarters in years on July 22, and the stock fell 19% anyway. Earlier on July 16, the company also launched its platform on the AWS Europe (London) Region, giving UK customers a local option for storing observability and security data. That expansion lands at an odd moment. […]
Exxon's record Permian production gives it substantial exposure to rising crude prices while international disruptions constrain competing supply.
Palantir CEO Sounds Alarm on AI Spending: Are Businesses Paying Too Much?
Warner Bros. Discovery Inc. executives on Thursday said the streaming bundle with The Walt Disney Co. is generating measurable benefits, helping reduce customer cancellations. Disney Bundle Is Driving Better Streaming Metrics During Warner Bros. Discovery’s second-quarter earnings call, an analyst...
AI cloud provider CoreWeave reported its Q2 earnings after the bell on Tuesday, narrowing its losses per share and meeting expectations on revenue for the quarter.
CoreWeave will report its second quarter earnings after the bell Tuesday.
The Meta CEO revealed this as he announced the company's AI products will be free for billions of people.
Apple may have to choose between price and volume