A strong quarter and a $5 billion data-center target weren't enough to offset a guidance miss tied to rising memory costs.
The reversal of a 2024 decision splits off roughly 9,000 retail pharmacies from the insurer and pharmacy-benefits business, even as investors sent shares down 12%.
The payments giant's stock rallied after it raised its cost-savings target to $1 billion, overshadowing a massive goodwill impairment and a steep GAAP loss.
Advanced Micro Devices posted a 45% revenue jump and raised its fourth-quarter outlook, sending shares sharply higher after hours and easing some of Wall Street's AI-spending jitters.
The tech-led selloff deepened Monday as Oracle moved to fund its data-center buildout with fresh borrowing, even as the Dow rotated into old-economy names and hit a fresh high.
The all-stock deal pairs Marvell's chip and interconnect business with Lumentum's optical components, creating a bigger rival to Broadcom in AI data-center infrastructure — even as both stocks fell on the news.
Two Fed governors dissented in favor of a rate hike, not a cut, an unusual twist that landed just as stocks were drifting near all-time highs on the heels of the Dow's first close above 50,000.
The broadband and mobile group is planning redundancies among its 16,000 staff as it fights a BT-TalkTalk tie-up and a wave of cheaper fiber rivals.
Withdrawals surged the moment Binance resumed transactions following a $6.3 billion theft the FBI blames on North Korea, even as the exchange says it has now covered 95 percent of the losses.
Returning favorites like Peppermint Mocha and Caramel Brulée Latte are joined by a new Tiramisu Velvet drink as the chain kicks off its seasonal push.
The $3.535 billion all-cash deal extends LSEG's push into private and distressed-credit data, one of the hottest corners of financial information.
Fed Governor Lisa Cook joined a hawkish Cleveland Fed in dissent, the most divided vote of Kevin Warsh's chairmanship, as markets quickly priced in a December hike.
The National Retail Federation projects Americans spent a record $13.5 billion on Halloween in 2026, even as shoppers say affordability is weighing on their choices.
The deal is the CRM giant's latest move to expand Missionforce, its military and national-security software unit, which has grown 80% year over year on a new $5.6 billion Army contract.
A second straight day of tech-stock losses pushed the Nasdaq to its worst month since March 2025, as investors punished signs that AI's costs are outrunning its payoff.
Alphabet's stock tumbled 13% after AI search summaries ate into ad revenue, as Amazon and Microsoft earnings fed a broader reckoning over how much the AI race is costing.
Google's parent company posted a steep profit decline and committed to more AI infrastructure spending, a combination investors punished hours after rewarding Microsoft for the same strategy.
Microsoft posted a $36.6 billion quarterly profit on surging cloud revenue, even as Alphabet's results disappointed investors worried about the cost of the AI buildout.
The Fathom, Ford's answer to a wave of cheap Chinese EVs, builds its home-power inverter directly into the truck rather than the wallbox — and arrives just as a bare-bones rival undercuts it by $5,000.
Roughly 60,000 employees across the US, India, Canada and the UK are eligible for the voluntary exit package, the company's second workforce reduction effort this year as it manages costs amid heavy AI infrastructure spending.
A new 'Founder Alignment Agreement' gives Zuckerberg more Meta shares, more often, after he warned the board he was weighing a move out of California.
The carrier added 406,000 postpaid phone customers last quarter even as investors fretted over SpaceX's expanding wireless ambitions.
The Federal Reserve's rate call and earnings from Microsoft and Alphabet both land Wednesday, with Amazon following a day later — a compressed window investors say will set the market's tone into year-end.
Nvidia and Micron are leading a group of ten companies that make up roughly two-thirds of the profit growth driving this year's stock rally, a concentration some strategists call unprecedented.
The S&P 500 and Nasdaq both slipped Monday as investors weighed a concentrated AI-driven earnings season against political surprises from Brasília to Belgrade.
AT&T shares fell again this week after a Bernstein downgrade, as Wall Street increasingly treats SpaceX's spectrum-buying spree as a credible long-term threat to the traditional wireless carriers.
Nvidia, Meta and CoreWeave led a renewed selloff in AI-linked shares even as several companies posted stronger-than-expected earnings, while crude climbed on fears over the war with Iran.
The bank says artificial intelligence is the 'icing on the cake' of a modernisation drive that will eliminate about 5% of its global workforce by year's end.
A New Mexico jury found Meta violated state law more than 40 million times; the judge called the company's deception 'willful' and said it spanned more than a decade.
Operating income rose 37% and margins widened sharply in the third quarter, even as the streamer's own guidance flagged a hit from recently announced headcount reductions.
A Santa Fe jury found Meta violated state consumer-protection law more than 43 million times; the judge called the penalty a message-sending moment even as Meta vowed to appeal.
Ten-year yields near their highest level since 2002 and a fiscal 2027 budget fight are forcing investors to treat French debt less like Germany's and more like Italy's.
The airline's chief executive says a prolonged run of elevated jet-fuel prices would push ticket costs higher across Europe, though Ryanair itself is largely hedged through March.
Two of the stock market's steadiest performers report before Tuesday's opening bell, kicking off a week of results investors will use to judge whether Monday's AI-stock rebound has real legs.
A single stock did most of the lifting Monday, as chipmakers clawed back only part of their worst stretch in 16 years and traders grew choosier about which AI winners to buy.
Intel, AMD, Micron and SanDisk rose in early trading as investors positioned ahead of a heavy earnings week, even as AI-financing worries that drove last week's selloff lingered.
An executive order shelving fresh penalties just before a congressionally mandated deadline sent oil prices down and left Asian equities split between relief and renewed AI-bubble jitters.
The Singapore-based data-center builder's filing is emerging as a key test of how much more capital Wall Street will commit to the AI infrastructure boom.
The gadget maker's first-ever countdown calendar launched quietly in Germany, with no word yet on a wider release.
The Commerce Department's headline beat masked a narrower story: strip out the pump, and spending rose just 0.2% as inflation outpaced many shoppers' paychecks.
A $50 billion debt load at the AI cloud company became Wall Street's biggest worry this week, dragging the Nasdaq to its steepest weekly loss since June even as the Dow held its ground.
Revenue jumped 50% to a record $46.7 billion in the third quarter, marking a sixth straight quarter of record profit as advanced chips for Nvidia, Apple and other AI customers sell out.
The firm added a record $232 billion in new wealth-management assets in the third quarter, even as overall profit slipped from the prior quarter amid a mixed start to bank earnings season.
A surprise jump in consumer prices sent gold and global chip stocks tumbling and the dollar higher, as traders priced in new odds of a Federal Reserve rate increase this month.
The grocery chain says Kroger broke its promise to do whatever it took to win antitrust approval for their $24.6 billion tie-up, as the companies head to a Delaware trial this month.
Treasury regulators handed BofA the third-largest anti-money-laundering fine on record for failing to flag over $5 billion in suspicious transactions, a one-time charge that will dent third-quarter earnings.
The Dutch lithography giant posted record sales and margins, but warned customers now want to lock in machines for 2029 and 2030 as capacity additions fall short of AI-driven demand.
JPMorgan leads a run of third-quarter bank reports this week, the first test of Wall Street balance sheets since the Federal Reserve's September rate hike and the oil-driven surge in bond yields.
Third-quarter revenue topped Wall Street forecasts on strong international growth, even as PepsiCo lowered its core earnings guidance for the year.
The 30-year fixed rate rose to 7.40% this week, extending a seventh straight weekly increase as the Treasury selloff that sent long-bond yields to 24-year highs ripples into home finance.
The Austin-based audio and power-management chipmaker has quietly closed its acquisition of a Pavia-based semiconductor design house, adding engineering talent and intellectual property on undisclosed terms.
The S&P 500 is sitting just below its all-time peak even as the 30-year Treasury yield pushes toward levels last seen in 2001, a split forcing investors to square record stock prices with a deepening bond-market selloff.
A new industry survey finds Halloween spending climbing again this year, driven partly by a surge in costumes for dogs and cats — most of them, naturally, pumpkins.
Minutes from the September meeting show policymakers raised rates a quarter point and signaled they aren't done, even as they acknowledged inflation hasn't cooled as much as hoped.
European and US borrowing costs climbed in tandem Wednesday as Brent crude's push back above $101 a barrel revived fears that central banks will stay restrictive for longer.
Kristalina Georgieva says record public debt, a renewed energy shock and an unproven AI investment boom could combine into what she calls a 'far-reaching shock' for the world economy, as IMF and World Bank meetings open next week in Bangkok.
A single Pokemon promo card, one of only 100 ever printed, became the second-most expensive in the game's history at a Fanatics auction.
The stock-and-cash deal combines two of the largest freight brokerages in North America and is expected to close in the first half of 2027.
Nvidia, SpaceX and Taiwan Semiconductor led tech shares to fresh highs Monday even as the 10-year Treasury yield climbed to its highest level since 2002.
A surprisingly soft September jobs report cooled bets on further Fed tightening, sending the Nasdaq and Nvidia to fresh records even as Treasury yields held near multi-year highs.
The London AI-cloud operator's pre-IPO convertible notes arrive weeks after a $45 billion computing deal with Anthropic reshaped its growth story.
The chipmaker's revised $123-a-share buyout trades stock-swap risk for certainty, but an unnamed rival bidder has reshaped one of the year's biggest semiconductor mergers.
Analyst estimates for Tesla's third-quarter deliveries span a 60,000-vehicle range, the widest in years, after the expiration of the federal EV tax credit scrambled year-over-year comparisons.
The September employment report lands at 8:30 a.m. after a summer of shocking misses and friendly revisions, leaving traders guessing what the labor market will show next.
Investment-grade issuance was supposed to surge into autumn. Instead it posted its weakest post-Labor Day showing since 2020, even as tech giants keep borrowing heavily to fund the AI buildout.
A month after Kevin Warsh's Fed delivered its first rate increase since 2023, prediction markets can't agree on whether a second hike is coming — and Wall Street is caught in the middle.
A fresh bond-market selloff pushed long-term borrowing costs to levels last seen in 2002, even as the president pressed for Fed Governor Jerome Powell's removal following a watchdog report on the central bank's costly renovation.
The S&P 500 and Nasdaq fell for a third session as the 10-year Treasury yield touched its highest level since 2007 and the Strait of Hormuz standoff kept oil and gold elevated.
The Chinese automaker will fold its commercial-fleet battery-swap business into Nio Power for a 30% stake, turning a years-long technical partnership into a full business combination.
Oil topped $107 a barrel and borrowing costs surged to levels last seen before the financial crisis after the White House turned down Tehran's conditional plan to reopen the Strait of Hormuz.
The Surface Transportation Board rejected motions by competing railroads and shipper groups to summarily dismiss the $85 billion transcontinental merger application, teeing up a full review.
With antitrust settlements secured and regulators cleared worldwide, Paramount Skydance is pushing to complete its acquisition of Warner Bros. Discovery before a contractual deadline raises the price it must pay.
Microsoft's Copilot overhaul and a record Apple close powered stocks past a jump in 10- and 30-year Treasury yields to their highest levels in decades.
The Keeneland September Yearling Sale closed with $536.7 million in gross sales, breaking its own record from a year earlier and cementing its status as the highest-grossing Thoroughbred auction in history.
The S&P 500, Dow and Nasdaq all notched weekly gains after crude tumbled on hopes for a deal to reopen the Strait of Hormuz, even as the 10-year Treasury yield touched its highest level since the financial crisis.
The 30-year bond climbed to levels last seen in 2004 as oil prices, hawkish Fed commentary and stubborn inflation expectations drove a fresh global bond selloff.
A jump in the 10-year Treasury yield to 5.11% and the five-year above 5% for the first time since 2007 pulled stocks lower for a fourth straight week, as resilient growth data and surging oil prices complicate the Federal Reserve's path.
Ondo Finance launched three tokenized portfolios built on BlackRock investment strategies, opening a new digital-asset channel for non-U.S. investors.
The scheme sanctioned this week sets up an October 1 completion, folding one of Lloyd's largest specialty underwriters into the Swiss insurance group.
A settlement with a dozen state attorneys general removes the final legal obstacle to the roughly $110 billion deal, expected to close within days.
A soft $70 billion sale of five-year notes and hawkish words from a Fed governor pushed borrowing costs to a two-decade high, hitting credit-sensitive AI stocks hardest and rattling housing markets already under strain.
Thomas Priore's investor group, backed by Searchlight Capital, will pay $8.05 a share after a special committee pushed the price up more than 30%.
A rally in chip and software stocks offset a wobblier Dow, even as elevated bond yields and a still-fragile Gulf oil market underscored how unsettled the backdrop remains.
The platform that popularized the 100x-leverage perpetual swap went from half the bitcoin derivatives market to a rounding error before closing its doors today.
Shares of the Southeast Asian super-app swung through a volatile week after Grab agreed to take a 60% stake in buy-now-pay-later lender Atome Financial, with analysts split on whether the deal buys growth or merely time.
The S&P 500 climbed 1.49% and the Nasdaq Composite closed at a record for the first time since June, as a Wells Fargo price-target boost and surging downloads of Meta's new Muse AI agent sent chipmakers soaring and falling oil prices eased broader market jitters.
MISTRAS shareholders will receive $20.35 a share in cash as the industrial testing and inspection company exits the public markets after a board-approved sale to the private equity firm.
The Dow slipped and the S&P 500 and Nasdaq edged higher Friday as Treasury yields climbed after the Fed's first rate hike in three years, with JPMorgan's Jamie Dimon warning inflation isn't beaten yet.
The salvage-auto auction giant formally opened its all-cash offer for ACV Auctions at $10.50 a share, starting a 10-day clock on a deal it has called the largest in its history.
Stocks rallied and bond yields eased a day after the Federal Reserve's first rate hike since 2023, even as homebuilder Lennar tumbled to a 52-week low on a second guidance cut.
The e-commerce giant's $1-an-hour raise and new grocery discounts, worth more than $1.5 billion, arrive as it prepares to compete for seasonal workers in a tight, inflation-squeezed labor market.
Futures markets assign roughly nine-in-ten odds to a quarter-point increase when Chair Kevin Warsh's Fed announces its decision this afternoon, a sharp reversal from the no-change consensus that prevailed over the summer.
The Digital Asset Market Clarity Act fell 49-50, as Democrats sought tighter limits on officials' crypto holdings and several Republicans balked.
A global bond selloff pushed the 10-year yield to its highest level since 2007 just as the Federal Reserve began a two-day meeting expected to produce the first rate increase in three years.
Record cloud growth and a swelling $125 billion debt pile framed a wild 48 hours in which founder Larry Ellison disclosed, then scrapped, a plan to sell up to $7.5 billion in Oracle stock.
The jet-engine maker's largest deal since its 2024 spinoff brings a key supplier of aerospace castings in-house as the industry battles chronic parts shortages.
A hotter-than-forecast August CPI reading sent Treasury yields to multi-year highs and rate-hike odds surging, even as stocks snapped a four-day losing streak heading into next week's Fed decision.
The salvage-auction giant is paying a 45% premium to fold ACV's dealer-to-dealer wholesale marketplace into an all-digital vehicle remarketing platform.
A widening war in the Persian Gulf has pushed crude to its highest level since May and Treasury yields to their highest since 2023, flipping trader bets ahead of next week's Fed meeting from a possible cut to a likely hike.
The Treasury Department moved to calm a bond-market selloff that pushed benchmark yields to a three-year high, as deficit concerns, rising energy costs and next week's Fed meeting rattled Wall Street.