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By Heekyong Yang and Heejin Kim SEOUL, May 26 (Reuters) - A Samsung Electronics' union representing the conglomerate's consumer electronics workers said on Tuesday it has asked a South Korean court to
Hybrid multicloud computing company Nutanix (NASDAQ:NTNX) will be reporting earnings this Wednesday after market hours. Here’s what you need to know.
Young adult apparel retailer Abercrombie & Fitch (NYSE:ANF) will be announcing earnings results this Wednesday before market hours. Here’s what to expect.
Walt Disney does not always give families a heads-up when something new is ready at one of its theme parks. Sometimes it just opens the doors. That is what happened at Animal Kingdom, where one of the most talked-about new experiences at Walt Disney World quietly welcomed its first guests ahead of ...
Take-Two Interactive (TTWO) just had the kind of post-earnings day that looks ugly on a chart but reads very differently in a research note. The stock closed down 4.42% at $227.55 on Friday, May 22, 2026, after fiscal 2027 net bookings guidance of $8.0 billion to $8.2 billion landed well below the ...
Money has a way of finding the people building tomorrow's tools before the rest of us notice. That was true in the dotcom boom, in the smartphone era, and again in the social media land grab a decade later. The AI boom looks different, at least so far. For the last three years, almost every story ...
When the Justice Department settled with Live Nation at the start of a long-awaited antitrust trial, it mounted a pressure campaign against a group of plaintiff states to demand that Republican attorneys general join the truce. Then-Attorney General Pam Bondi warned some of the GOP state officials that the deal was personal to President Trump, according to people familiar with the matter. Following the April jury verdict that found the company engaged in illegal monopolization, the states on Thursday asked a judge to impose sweeping changes on Live Nation, including forcing it to sell off its Ticketmaster subsidiary and some of the amphitheaters where it packs fans for summertime tours.
The gap between the market’s earnings yield and bond yields has narrowed, a measure that has at times predicted subpar stock returns.
During Strategy's (NASDAQ: MSTR) Q1 2026 earnings call on May 5, Michael Saylor, the company's executive chairman, said something that shook crypto maximalists. "We will probably sell some Bitcoin to pay a dividend just to inoculate the market and send the message that we did it," Saylor ...
(Bloomberg) -- Taiwan overtook India in stock market value, powered mainly by a breakneck rally in the world’s largest chipmaker Taiwan Semiconductor Manufacturing Co.Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Doctor Visit Renews Health Scrutiny as 80th Birthday NearsTrump Says He’ll Announce Negotiated Deal With Iran ShortlyRubio Sees Good News Coming on Hormuz as Iran Talks ContinueUS, Iran Inch Toward Deal as Gaps Remain on Uranium, SanctionsThe isla
Veteran investor and Bitwise advisor Jeffrey Park has identified what he believes could become the next "NVIDIA,” highlighting growing investor appetite for the next breakout technology play. Park wrote a long X post on May 24, in which he pointed to crypto as a technology that is bound to surge, ...
Wall Street is abuzz with next month's expected blockbuster debut of Elon Musk's rocket and satellite maker SpaceX, but few of the biggest IPOs in recent years have paid off for investors who bought in when the deals came to market. A Reuters analysis of the 50 IPOs with the highest valuations in the past five years shows that investors would have been better off buying an S&P 500 index fund about three-quarters of the time. An investor who bought each of the IPOs tracked by Reuters would be up an average of 27% through May 21.
Marvell (MRVL) stock closed the May 22 trading session at $196.33. The stock has rallied 131% year to date, by Sunday morning, May 24. Meanwhile, the SPDR S&P 500 index (SPY) is up about 9% in the same period. The company has outpaced the S&P 500, thanks to its participation in the broader ...
Actor Ashton Kutcher is best known to many for his role on TV shows like "That ‘70s Show" and "Two and a Half Men." To the finance world, Kutcher has built a reputation as a good investor with his Sound...
Asking for a Trend Host Brooke DiPalma previews several of the biggest stories to come throughout this week, including the latest filings regarding OpenAI's (OPAI.PVT) planned IPO, earnings out from companies like Salesforce (CRM), and the Personal Consumption Expenditures (PCE) report for April inflation data. Markets will be closed this Monday, May 25, for the Memorial Day Weekend holiday.
IMAX Corporation (IMAX) shareholders had the kind of Friday that rewrites a year. Shares of the premium cinema technology company jumped about 15% on May 22, closing at $39.12, after The Wall Street Journal reported the company is exploring a sale and has approached entertainment companies as ...
Cathie Wood, chief of Ark Investment Management, likes to take advantage of IPOs. Cathie Wood, founder and CEO of Ark Investment Management, likes to jump into some of Wall Street’s hottest IPOs. In recent years, Wood’s Ark funds have bought shares of newly public companies, including ...
Kevin Warsh was sworn in as Federal Reserve Chairman this week, and the most striking thing about his arrival is how little Wall Street seems to care. On CNBC’s Halftime Report Friday, one host captured the moment with a line worth holding onto: “The Fed is not the first or second or third sentence of ... Kevin Warsh Inherits a Fed That Wall Street Has Almost Stopped Talking About
Federal Realty Investment Trust stock has performed in line with the broader market over the past year, while analysts remain moderately bullish about its prospects.
Most executives announcing layoffs lean on a familiar script. They talk about efficiency, strategic alignment, and the need to position the company for long-term growth. The language is careful. The emotion is managed. What Mark Zuckerberg wrote to employees on May 20 was something different. In a ...
By Giulio Piovaccari ROME, May 25 (Reuters) - Ferrari presented its first fully electric car on Monday, marking a high-stakes shift by the luxury sports car maker as competitors including Porsche and
(Bloomberg) -- Ferrari NV unveiled its first fully electric car, a five-seat model priced at €550,000 ($640,000) that marks a sharp break from the sports-car maker’s fuel-burning heritage.Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Doctor Visit Renews Health Scrutiny as 80th Birthday NearsTrump Says He’ll Announce Negotiated Deal With Iran ShortlyRubio Sees Good News Coming on Hormuz as Iran Talks ContinueUS, Iran Inch Toward Deal as Gaps Remain on Urani
Microsoft CEO Satya Nadella revealed earlier this year that the company now writes up to 30% of its code using generative AI. The company has invested $13 billion in OpenAI. It built GitHub Copilot. It has made AI central to every product in its portfolio. On May 14, Microsoft (MSFT) sent thousands ...
Neil Brinker: Thank you, Kathy, and good morning, everyone. Now that we've reached an agreement with Gentherm, the next several quarters will be spent preparing the business to be spun off in anticipation of the combination.
Neil Brinker: Thank you, Kathy, and good morning, everyone. Last quarter, we announced plans to significantly expand our U.S. manufacturing capacity for data center products. In fact, we are accelerating other planned investments to meet the unprecedented demand for our products.
Last week, Walmart delivered one of its strongest sales quarters in years. But CEO John Furner did not sugarcoat what is coming. Speaking on the company's first-quarter fiscal 2027 earnings call on May 21, Furner made it clear that the pressure from higher fuel costs is real and that shoppers, ...
The soda market has grown beyond being an indulgence. For decades, grabbing a Coke, a Pepsi, or some other flavor of soda was a treat. Now, at least for younger generations, soda has become a functional beverage. Rachel Bonsignore, vice president of consumer life at NielsenIQ (NIQ), told Beverage ...
SpaceX stock is expected to begin trading in a few weeks.
Coherent Corp. (NYSE:COHR) is one of the 10 Best Performing Quantum Computing Stocks So Far in 2026. On May 6, Coherent Corp. (NYSE:COHR) reported Q3 fiscal 2026 results, posting revenue of $1.81 billion, rising 21% year over year and 27% on a pro forma basis, according to the company. Margins improved alongside growth as Coherent […]
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