Tesla is recalling 14,575 Model Y SUVs in the U.S.
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Carillon Tower Advisers, an investment management company, released its first-quarter 2026 investor letter for the “Carillon Eagle Growth & Income Fund”. A copy of the letter is available to download here. The first quarter of 2026 was volatile due to market shifts, including increased geopolitical risk and inflation fears from rising energy prices. The S&P declined […]
Yesterday, the U.S. Department of Commerce injected massive momentum into the quantum computing sector, announcing over $2.0 billion in federal incentives under the CHIPS and Science Act across nine quantum computing companies. D-Wave (QBTS) secured a $100 million letter of intent to accelerate domestic system fabrication, granting the federal government an equity stake. The stock surged immediately on the news, reflecting renewed investor confidence in sovereign backing for quantum infrastructu
Comparable sales grew 0.6% but fewer customer transactions offset a stronger average ticket
Michael Reinking, NYSE Senior Market Strategist, recaps a volatile week as rising yields and shifting Iran headlines pressured markets. Despite late-week weakness, the S&P 500 remains near highs, with its winning streak still in question. Mega-cap tech leadership showed cracks, even as strong earnings—particularly from Nvidia—highlight continued AI-driven growth. Retail results were solid overall, though companies flagged pressure on lower-income consumers from inflation and higher gas prices. Focus now shifts to geopolitical developments, yields, and upcoming inflation data as markets head into the holiday weekend.
JPMorgan expects the shares to "recover and get back to its grind higher" as market prices in the company’s future earnings power over time.
Ross Stores earnings growth accelerated again after strong results from off-price peer TJX, after Walmart warned on Q2 amid high gas prices.
The videogame maker said it expects fiscal 2027 net bookings to be between $8 billion to $8.2 billion, below Wall Street estimates of $9.13 billion.
(Bloomberg) -- Mega IPOs like those eyed by SpaceX and OpenAI threaten to push the weighting of tech in equity benchmarks beyond market-bubble levels of concentration, according to Bank of America Corp. strategist Michael Hartnett.Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Iran in Talks With Oman Over Permanent Hormuz Toll SystemModi’s To
Bank of America Corporation (NYSE:BAC) is one of the Most Undervalued US Stocks According to Hedge Funds. On May 8, Reuters reported that Bank of America Corporation (NYSE:BAC) has hired Richard Hardegree as Vice Chair of Mergers and Acquisitions. Hardegree is a seasoned investment banker at UBS and brings over 30 years of M&A experience […]
(Bloomberg) -- Oil pared an earlier gain as prices continue to swing sharply on expectations around a peace deal between the US and Iran.Most Read from BloombergBungie Plans Layoffs After Ending 'Destiny 2' DevelopmentSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US's Latest Proposal Has 'Narrowed the Gaps'Iran in Talks With Oman Over Permanent Hormuz Toll SystemModi's Toffee Gift to Meloni Ignites Rally in Wrong Indian StockWest Texas Intermediate edged higher ab
Moby summary of Arqit Quantum Inc.'s Q2 2026 earnings call
Moby summary of Webull Corporation Class A Ordinary Shares's Q1 2026 earnings call
Following a “pronounced decline” in unit volume, CEO Tarang Amin said the company was testing adjustments to its tariff-driven strategy.
SpaceX's planned IPO would more than triple the U.S. record. Here's how past mega-listings have performed.
The all-cash bid of €15.60 per share needs 80% of InPost shareholders to tender for the deal to close
Sen. Elizabeth Warren, D-MA, asked three regulators to revoke their approval of a Morgan Stanley restructuring, drawing parallels to scandals that engulfed JPMorgan Chase and Citi.
Comparable store sales surged 17% in the first quarter, driving earnings per share to $2.02 — well above the company's own guidance of $1.60 to $1.67
When the discussions were disclosed in March, analysts weren’t thrilled about the tie-up’s potential to interrupt Estée Lauder’s turnaround.
(Bloomberg) -- With the highly-anticipated debut of SpaceX on the US stock market around the corner, euphoria for Elon Musk’s rocket venture is drawing comparisons to Tesla Inc.’s effect on electric-vehicle stocks. Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Iran in Talks With Oman Over Permanent Hormuz Toll SystemModi’s Toffee Gift to Mel
U.S. stocks have been on a nearly unstoppable rise over the past eight weeks, sending the S&P 500 to its biggest eight-week gain in nearly six years. Take a look at the following chart from Goldman Sachs, which reveals how the bank’s hedge-fund clients are positioning at the moment. It shows that they’ve bolstered their short positions in U.S. exchange-traded funds and index futures—one way that traders cushion their portfolios against broad stock declines.
Broadcom is locked in a clash of titans with rival artificial intelligence chip giant Nvidia but seems to be holding its own as the member of Investor's Business Daily's Sector Leaders list hovers just below a buy point. As it awaits its second-quarter results, due June 3, Broadcom ended trading Thursday just below a cup base's pivot of 414.61 after recently scoring an all-time high, according to chart analysis tools on IBD's MarketSurge. In April, Broadcom scored a partnership with Google parent Alphabet.
(Bloomberg) -- A neglected part of downtown Chicago is perking up as Alphabet Inc. redevelops a 1980s-vintage building designed to house legions of state government workers. Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Iran in Talks With Oman Over Permanent Hormuz Toll SystemModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockSt
The footwear company's full-year revenue reached $5.47 billion, with Hoka sales climbing 16% and international demand surging 27%
What's better: paying $2 trillion for SpaceX, with under $20 billion in revenue, or $5 trillion for Google (GOOG), generating $400 billion in revenue and $100 billion in profits.
Estée Lauder stock rose as much as 11% in premarket trading while Puig stock fell more than 14% in Madrid
Given the hype and anticipation over the largest-ever IPO of SpaceX, it's natural to see the event as easy money.
Nvidia stock has become even more inexpensive on a price-to-earnings basis and compared with Wall Street's targets.