Sportswear giant moves to regain control of its digital brand
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The company is simplifying its digital network as it tries to revive growth in a key market.
Report points to tensions over AI data agreementReddit (NYSE:RDDT) shares fell 5. 8% in premarket trading on Wednesday after reports suggested the social media platform is considering restricting Google’s access to its content as negotiations continue over a new artificial intelligence data licensing agreement.
Revenue beats expectations as acquisition costs weigh on profitIridium Communications Inc. (NASDAQ:IRDM) reported second-quarter 2026 results on Wednesday that topped revenue expectations but fell short on earnings, as costs related to its pending acquisition by Rocket Lab weighed on profitability.
Intel stock fell almost 8% on Friday after posting blowout Q2 earnings after the bell on Thursday.
GE Vernova’s revenue topped Wall Street estimates, and the company raised its full-year revenue outlook, though earnings per share came in below consensus.
Wall Street stocks looked set for a weaker open on Wednesday as investors lock in profits in technology stocks ahead of crucial earnings from Google owner Alphabet and Tesla, while escalating tensions in the Middle East push oil prices to six-week highs. Dow Jones futures were down 0.2%,...
According to a Wall Street Journal report, Reddit is weighing whether to cut off Google’s access to its content for AI use.
Sales will run through Nike's own channels plus Tmall, JD.com and Douyin from January
SpaceX launched the Northrop Grumman MRV-MEP mission to geosynchronous transfer orbit from Cape Canaveral in Florida on Tuesday evening—and it highlights another growth opportunity for the company. Elon Musk’s rocket and AI company has lots of opportunities, from the mundane—launching satellites into space and providing space-based broadband business—to those straight out of sci-fi, like low-cost orbital data centers and travel to Mars.
The brokerage beat analyst estimates on profit and revenue, then raised its full-year guidance, but Schwab stock ended the day down 2.5%
Tesla stock fell about 0.5% before Wednesday's open. Heading into today's earnings call investors are eager for updates about robotaxis and Optimus robots, which are key to Tesla's push into AI.
Investing.com -- Reddit stock took a hit Wednesday morning, dropping 5.8% in premarket trading following reports that the social platform is threatening to block Google from using its content to train artificial intelligence models. The move signals a growing high-stakes standoff between digital publishers and search engine giants. According to a Wall Street Journal report, Reddit executives are considering pulling the plug on Alphabet’s access as the two companies negotiate a renewal of their e
Investing.com -- GE Vernova Inc. (NYSE:GEV) reported second-quarter results that missed earnings expectations despite beating revenue estimates, with shares falling 2.7% premarket following the announcement.
The S&P 500 has only been this expensive on one other occasion in the past century.
Coinbase has settled a Freedom of Information Act lawsuit against the U.S. Securities and Exchange Commission over records it sought from the agency, the cryptocurrency exchange's chief legal officer, Paul Grewal, said in a Wall Street Journal op-ed on Wednesday. Grewal said the agency, which polices corporate record-keeping, had lost text messages between former Chair Gary Gensler and other officials after a process the SEC said "automatically wiped" certain data.
By Daniel Wiessner July 22 (Reuters) - A novel lawsuit claiming that Meta Platforms relied on discriminatory AI tools to select employees for layoffs highlights the problems workers face in suing
Earlier this week, Morgan Stanley started coverage of ServiceNow with an ‘Overweight’ rating.
Walt Disney (NYSE:DIS) has entered a multi-year alliance with Kraft Heinz that links food offerings with Disney media, parks, resorts, cruise lines, and consumer products. At the same time, Disney is planning significant job cuts following its acquisition of NFL Network, affecting ESPN and other units including National Geographic and Pixar. These moves signal a broad reshaping of how Disney monetizes its brands and manages costs across content and experiences. For investors watching Walt...
A rotation into Big Tech, coupled with fears that low-cost Chinese AI models could diminish demand for cloud services and, by extension, chips, has pressured the semiconductor sector this month.
AU, BLND and CRNT have been added to the Zacks Rank #5 (Strong Sell) List on July 22, 2026.
Stocks were on track to open lower on Wednesday after a jump in oil prices revived fears that a flare-up in inflation could drag down the market. Nasdaq 100 futures fell 0.8%. Stocks looked set to give up some of those gains on Wednesday amid a rally in oil prices, after the U.S. launching strikes against Iran for an 11th straight night.
Investor Ross Gerber renewed his call for a major shake-up at The Walt Disney Co. (NYSE:DIS) on Tuesday, saying shareholders have “suffered too long” as the stock significantly lagged the S&P 500 over the past 11 years. Gerber Says Disney Should Be Broken Up Responding to a post on X by Creative Planning‘s Charlie Bilello showing Disney lost 10.93% over the past 11 years while the State Street SPDR S&P 500 ETF Trust (NYSE:SPY) gained 320.1%, Gerber said “It’s time for real change at Disney.” Ger
In the first half of 2026, AppLovin faced competitive threats in AI-powered advertising, a disputed short-seller report alleging financial improprieties, and heightened concern about disruption in the adtech sector. Despite these pressures, the company has emphasized strong profit margins, resumed stock buybacks, and continued expanding its AI-driven ad and app monetization platform beyond gaming, signaling management’s confidence in its business model. We’ll now examine how AppLovin’s...
IBM’s earnings pre-announcement sent the stock into a tailspin but Wall Street isn’t giving up just yet.
Paramount Skydance, McDonald's, and Northrop Grumman’s shares slumped to annual lows amid legal uncertainty, slowing consumer spending, and margin compression.
Samsung restructures its US consumer electronics division and moves its HQ to Texas to accelerate semiconductor and AI growth.
Short sellers have built a $25 billion bet against the rocket maker. Its CEO says they won't survive.
Editor’s Note: This story has been updated to include a response from an Intel spokesperson. SK hynix Inc (NASDAQ:SKHY) said Tuesday it has neither pursued nor decided to acquire Intel Corp‘s (NASDAQ:INTC) Ohio semiconductor campus, denying a media report that claimed the South Korean memory chipmaker was in talks to buy the site. SK hynix Responds to Korea JoongAng Daily Report SK hynix issued the clarification in a Korea Exchange filing after Korea JoongAng Daily reported that the company was