Wix stock has become a bargain amid SaaSpocalypse fears as earnings loom
Wix (NASDAQ: WIX) stock has come under intense pressure this year as investors grew concerned that the rise…
Economy
New York sues Kalshi, says its prediction markets are illegal gambling
New York’s attorney general sued prediction market operator Kalshi on Friday, claiming that its platform violates state laws…
Why FIFA wants to sell a stake in the World Cup — and why football is revolting
When FIFA on Tuesday announced plans to create a $20 billion subsidiary to manage the commercial rights of…
Reddit earnings: why are investors concerned despite solid headline numbers
Reddit (RDDT) stock is under immense pressure this morning, even though the forum social media platform reported an…
How Apple went from Wall Street’s AI haven to its biggest earnings loser in a week
It was an overwhelming week for Apple, to say the least, as the iPhone maker saw its fortunes…
Why Nvidia stock is rebounding another 2% on Friday
Nvidia stock (NVDA) rose on Friday after Amazon reaffirmed its commitment to the chipmaker’s artificial intelligence processors and…
Amazon vs Microsoft vs Google: Who is winning the AI cloud race after earnings?
When Alphabet (GOOGL) released its earnings last week, a rapid growth in its Google Cloud business revenue was…
Dow climbs 200 points at open as Amazon joins Microsoft in reviving AI optimism
US stocks opened higher on Friday as strong earnings from Amazon extended the market’s rebound, reinforcing investor confidence…
Caterpillar stock has slumped: can earnings spark a rebound?
Caterpillar stock has pulled back substantially, moving from the year-to-date high of $1,073 to the current $809. It…
Why SpaceX stock is falling another 2% on Friday
SpaceX (SPCX) shares slipped on Friday as investors looked ahead to the company’s first earnings report as a…
Palantir stock holds steady: why Monday could be the turning point
Palantir stock price remained under pressure this week as traders waited for the second-quarter earnings. PLTR was trading…
US GDP slows to 1.5%, missing estimates; June inflation cools
The US economy expanded at a slower-than-expected pace in the second quarter while inflation remained well above the…
Arm stock jumps as Q1 beats estimates, AGI CPU demand tops $2 billion
Arm Holdings shares climbed about 8% in trading on Thursday after the British chip designer reported fiscal first-quarter…
Why did Adidas stock fall 19% despite record sales, FIFA World Cup boost?
Adidas shares plunged as much as 19% on Thursday, putting the German sportswear giant on course for its…
Why Nvidia stock is rebounding around 3% after Big Tech earnings
Nvidia stock (NVDA) rebounded around 3% on Thursday as strong results from Microsoft reignited optimism around artificial intelligence…
Nebius stock soars on achieving an incremental milestone: find out more
Nebius Group (NBIS) shares are soaring on Thursday morning after the company said a Vera Rubin compute rack…
CBS’ ‘60 Minutes’ announces new slate of correspondents for upcoming 59th season
Two months after a major shake-up, CBS’ “60 Minutes” has hired a lineup of new correspondents and contributors…
A new media ecosystem is taking root on the left, reshaping Democratic politics
Farah Berent, a teacher in Michigan, used to learn about politics from channels like ABC, CBS and CNN.…