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Investing.com -- TD Cowen has downgraded Intuit to Hold from Buy, with the firm’s analyst Jared Levine citing a near-term catalyst path that he sees skewing more negative than positive and limiting a recovery in the shares.
Hilton Worldwide Holdings Inc (NYSE:HLT) raised its full-year profit outlook on Tuesday, but shares fell 3.4% after third-quarter guidance came in below Wall Street estimates. The hotel operator now expects full-year adjusted earnings per share of $8.89 to $9.01, up from $8.79 to $8.91...
Beyond Meat hopes it can stem its multiyear sales decline.
While demand for next-generation data centers remains hot, executives signaled that output is capped by current manufacturing limits as it rushes to build out new capacity.
Six members of Congress just disclosed fresh SpaceX purchases even as the entire space sector craters, with good news from Rocket Lab and AST SpaceMobile doing nothing to stop the bleeding.
Core Scientific announces a partnership with AMD for 2.5 gigawatts of data-center capacity which could bring more than $14 billion in contracted revenue.
Micron Technology stock plunged on Tuesday as semiconductor stocks broadly continued to sell off. In morning trades on the stock market today, Micron fell more than 11% to 796.46. It was among the worst performers on the Philadelphia semiconductor index, known as SOX.
Sandisk stock has fallen 10% or more per day for three straight days. Here's why.
Johnson & Johnson has set aside $5.5 billion to resolve tens of thousands of US lawsuits alleging that its talcum powder-based products caused ovarian cancer.
A chip ETF just posted one of its best years on record, and the stock everyone expected to lead it barely showed up. The real story is which names hijacked the rally and why the fund's rulebook deserves more credit than any of its holdings.
The market should recover its poise within the next few days, says Fundstrat’s Tom Lee.
Commvault stock was lower in early trading Tuesday despite giving Q1 results ahead of Wall Street's forecasts.
Corning (NYSE:GLW) reported strong Q2 2026 results, with solid contributions from its Optical Communications and Solar segments. The company announced new supply agreements with Amazon and NVIDIA that support expansion of U.S. optical fiber capacity. Despite the positive operational update, shares declined after the company issued Q3 guidance that did not meet analyst expectations. Corning enters this news cycle with a share price of $143.36 and a very large 3‑year gain of about 7x. The...
Two of the big stock market benchmarks were going in radically different directions Tuesday morning. The Dow Jones Industrial Average was up 320 points, or 0.6%. The Nasdaq Composite sank 1.3%. The S&P 500 was down 0.
Apple just posted its best March quarter ever and reclaimed the title of world's most valuable company, yet three cracks in the foundation suggest the 24% year-to-date run has borrowed heavily from future returns.
Tesla is set to buy electricity from Project Sterling, a KKR-backed large solar and battery storage project in Arizona.
Travelzoo (TZOO) delivered earnings and revenue surprises of -240.00% and -7.72%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
(Bloomberg) -- SpaceX shares erased one-fifth of their value since the record setting debut of Elon Musk’s rocket, satellite and artificial intelligence company, as investors shunned riskier technology firms.Most Read from BloombergNvidia’s $750 Billion in Deals Reignite Circular AI FearsChip Rout Deepens on Circular Funding, China Competition FearsCitadel Securities Sees Warsh Delivering Surprise Fed HikeDeepSeek Suspends Fundraising After Viral US-China PostsS&P 500 Wobbles as AI Angst Offsets
Memory stocks are cratering for the second straight session with no company-specific bombshell to blame, and Big Tech earnings due Wednesday could either end the pain fast or send the group into a deeper spiral.
Royal Caribbean Group (NYSE:RCL) shares fell more than 4% in pre-market trading on Tuesday after the cruise operator reported second-quarter revenue that narrowly missed analysts’ expectations, despite delivering stronger-than-expected earnings and raising its full-year outlook. Revenue for the quarter increased 6% from a year earlier to $4.
According to a Bloomberg report, CEO Ryan McInerney said the restructuring is intended to improve efficiency, with AI playing a central role in the transformation.
The payments company said the cuts will fall on technology and product teams as CEO Ryan McInerney pushes to make the firm more efficient
Investing.com -- HSBC told clients in a note on Tuesday that the recent shakeout across risk assets has run its course, and a sell signal in its sentiment framework has now faded, keeping the bank firmly positioned for more gains.
Navitas Semiconductor (NASDAQ: NVTS) shares fell about 10% in premarket trading on Tuesday after investors focused on the company's large GAAP net loss, despite second-quarter revenue topping Wall Street expectations. The power semiconductor company reported an adjusted loss of $0.04 per...
Hilton Inc (NYSE:HLT) shares fell more than 2% in pre-market trading on Tuesday after the hotel operator delivered second-quarter results broadly in line with market expectations but issued a weaker-than-expected earnings outlook for the third quarter. The company reported second-quarter earnings per share of $2.
Memory stocks delivered some of the biggest gains in semiconductor history as AI demand swept through the sector, rewarding investors who got in early. Now those same stocks are cratering, and the question keeping traders up at night is whether this is a buying opportunity or the beginning of something far more painful.
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