Eli Lilly & Co. agreed to buy AtaiBeckley Inc. for as much as $3.8 billion, underscoring growing interest from large drugmakers in psychedelic medicine. Madison Muller has more on "Bloomberg Open Interest.
Micron stock has plunged since reaching a record high of $1,255 on June 25. Shares have fallen about 30%, mirroring the sharp declines seen across the memory chip sector, including industry leaders Samsung and SK Hynix.
SanDisk stock has continued its weakness this week, falling to its lowest level since May 22. It has dropped by 35% from its highest level this year.
The OUSD initiative could reshape global finance by accelerating stablecoin adoption, but faces regulatory scrutiny and coordination challenges. Aptos partners with Mastercard, Visa, and Stripe for Open USD launch.
From Walt Disney's animated cartoons of characters participating in various games to the 1996 acquisition of ABC (which owned ESPN at the time), The Walt Disney Company has a storied history with sports. While live broadcasts have been a cornerstone of Disney's sports strategy, the company is deepening its dive into sports fandom with a new partnership with the National Football League (NFL).
Alibaba and Baidu are joining with Apple as it rolls out generative artificial-intelligence features across devices in China.
Short sellers targeting SpaceX shares are sitting on an estimated $8.7 billion in paper profit since the rockets-to-AI firm's initial public offering, as its stock slipped below the IPO price, according to data and analytics firm Ortex Technologies.
The physical constraints of artificial intelligence (AI) are no longer bound by silicon or compute capacity. Today, the singular bottleneck choking global technology expansion is electricity.
The gold market continues to struggle to hold critical support at $4,000 an ounce and has been unable to attract a safe-haven bid as the U.S. housing sector remains lackluster, potentially weighing on economic activity through the second half of the year.
Shares of AST SpaceMobile (NASDAQ:ASTS) are down 13% to $57.63 in early Thursday trading, extending an overnight slide after the company priced a fresh $1 billion convertible senior notes offering.
Warren Buffett is back on TV, and on CNBC, to be specific. As he left, he would be “going quiet.
TSMC's Q2 earnings outperformance and significant capex raise reinforces the durability of robust AI and HPC demand critical to Nvidia's outlook. The accelerating N3 ramp and higher HPC mix provide tangible support for timely Vera Rubin deployments later this year, while also improving Nvidia's supply availability. Expanding advanced-node capacity from TSMC should also improve visibility into Nvidia's ability to convert accelerating agentic AI demand into sustained data center revenue growth.
Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) stock is leading chip stocks lower today, down 2% to trade at $411.01 this morning.
Bank of America Chair and CEO Brian Moynihan discusses the continued strength of the US consumer and breaks down the firm's second-quarter earnings. Moynihan also talks about lending and mortgages, inflation, and the role of data and AI within the company on “Bloomberg Surveillance.
Taiwan Semiconductor Manufacturing (NYSE:TSM | TSM Price Prediction) trades at $419.48 heading into the July 16, 2026 earnings release, down 4.97% over the past month despite June 2026 revenue jumping 67.9% year over year.
New Horizon Aircraft NASDAQ: HOVR said it ended fiscal 2026 with its strongest balance sheet to date and is moving from technology validation toward full-scale construction of its Cavorite X7 hybrid electric vertical takeoff and landing aircraft.
ManpowerGroup NYSE: MAN reported stronger-than-expected second-quarter 2026 revenue and said improving demand across several markets helped drive organic growth, led by its core Manpower staffing business.
UnitedHealth Group NYSE: UNH reported sharply higher second-quarter 2026 earnings and raised its full-year outlook, citing improved performance in Medicare Advantage and Optum Health, while cautioning that commercial medical cost trends remain elevated and are delaying margin recovery in that business.
U.S. Bancorp NYSE: USB reported stronger second-quarter 2026 results, with executives pointing to accelerated revenue growth, expanding fee income, improved profitability metrics and continued credit stability during the company's earnings call.
Cogeco Communications TSE: CCA reported strong free cash flow in its fiscal third quarter, even as management described ongoing pressure in its U.S. cable business and outlined steps aimed at improving performance over the coming quarters.
Cogeco TSE: CGO executives said the company continued to generate strong free cash flow in its fiscal third quarter, supported by transformation initiatives and disciplined capital spending, while acknowledging continued pressure in its U.S. cable operations.
Meta Platforms (NASDAQ:META | META Price Prediction) and Microsoft (NASDAQ:MSFT) both delivered strong quarters on April 29, 2026, yet their insider behavior since tells wildly different stories.
Kenmare Resources LON: KMR said first-half shipments were ahead of the run rate needed to meet its full-year guidance, as the miner focused on converting elevated finished goods inventory into cash amid weaker mineral sands pricing.
The technology sector has done well in the past decade, with the Nasdaq 100 Index beating its top peers like the S&P 500 and the Dow Jones. This article explores the outcome if one had invested $10,000 in the Invesco QQQ ETF (QQQ), ProShares UltraPro QQQ (TQQQ), and ProShares UltraPro Short QQQ (SQQQ) five years ago.
Eos Energy Enterprises (EOSE) witnessed a substantial stock price increase of nearly 10% on Wednesday after unveiling preliminary second-quarter 2026 financial results that highlighted historic revenue levels and an unprecedented order backlog.
Figma (NYSE:FIG) has whipsawed from post-listing euphoria into a brutal reset.
Glassnode's latest report finds long-term Bitcoin holders selling less, though a key resistance level still stands in the way.
Gold markets continue to test the $4,000 level early on Thursday. This market continues to watch higher rates and a stronger US dollar.
Ardmore Shipping offers a compelling payout story, with Q2 spot MRs fixed at $52,100/day—nearly 5x cash breakeven—and a doubled dividend policy. ASC's Q2 earnings are largely locked in, supporting an estimated $0.83/share dividend and a projected $2.89/share full-year EPS at current run-rates. The stock is rated Buy with a $17 target, underpinned by a 12.4% yield, disciplined capital allocation, and a strong balance sheet with low leverage.
American Resources Corp (NASDAQ:AREC) said its majority-owned subsidiary, Electrified Materials Corporation (EMCO), has completed its previously announced private placement, raising approximately $9.5 million in gross proceeds before fees and expenses. The offering consisted of 378,200 shares of EMCO's Series A Convertible Preferred Stock, priced at $25 per share.