Stories That Matter

Elon Musk, Bernard Arnault Once Discussed Potential SpaceX-Louis Vuitton Collab: 'I'm Afraid He Will Ask Me To Go With Him In The Rocket'
Steve Jobs Once Consulted Bernard Arnault When Apple Was Opening Its First Retail Store: French Luxury Tycoon Says 'It Proved To Be A Fantastic Success. When At The Time Many Of His Competitors…Saying It Would Never Work.'
Josh Shapiro Emerges As Potential VP Candidate At Kamala Harris Endorsement Event: 'He Would Look Good...'
Steve Jobs Once Consulted Bernard Arnault When Apple Was Opening Its First Retail Store: French Luxury Tycoon Says 'It Proved To Be A Fantastic Success. When At The Time Many Of His Competitors…Saying It Would Never Work.'
Josh Shapiro Emerges As Potential VP Candidate At Kamala Harris Endorsement Event: 'He Would Look Good...'
Top Analyst Says OpenAI's AI-Powered Search Engine Likely Isn't A Threat To Google: 'It's Hard To See Why SearchGPT Is 10X Better…'
Trump Vs. Harris: New Poll Shows Ex-President Leading Democratic Candidate By A Narrow Margin, But Vice President's Favorability Is Faring Better Than Biden

Stories That Matter Recent News

From Number One Draft Pick To Benched: Drew Bledsoe On Overcoming Adversity, Roasting Tom Brady And More
When Drew Bledsoe left Washington State, he was drafted as the first overall pick in the NFL. He later became Tom Brady's backup and faced setbacks before finding success in winemaking in his hometown of Washington.
Tech Stocks Slide On Earnings, US Economy Flexes Muscles, Small-Cap Rally Continues: This Week In The Markets
Tech earnings season disappoints investors with declines in Magnificent Seven stocks. Alphabet, Tesla miss targets, Nasdaq 100 falls 2nd week in a row.
Amazon Q2 Earnings Preview: Analyst Expects Strong Growth In Sales, Cloud Services, But Cautious On Q3 Profit Guidance
Amazon gears up for Q2 earnings, with expectations of $149B revenue and 22.3% upside. Analyst predicts strong retail and cloud growth, but cautions on Q3 profit guidance.
Ethereum ETFs Debut On U.S. Exchanges: A New Era For Digital Assets
Nine Ethereum ETFs launched on U.S. exchanges, amassing $300 million in trading volume within the first hour.
The Force Isn't With Disney: Star Wars, Carano Trial Moves Forward With Musk's Backing
Actress Gina Carano, backed by Elon Musk, has sued Disney over wrongful termination from "The Mandalorian."
Russell 2000 Notches Third Week Of Gains, Strongest Streak Since August 2022: Small Caps Serve 'As Economic Barometer,' Analyst Says
Small-cap stocks have been driven by growing investor optimism towards interest rate-sensitive industries and companies, fueled by expected rate cuts and positive economic data. Inflows into small-cap ETFs signal confidence in a solid economic backdrop and attractive valuations.
AbbVie Wins Analyst Confidence with Q2 Beat, Diverse Portfolio Fuels Long-Term Growth Expectations
AbbVie reports Q2 earnings with adjusted EPS of $2.65, surpassing expectations. Net revenues hit $14.46 billion, reflecting a 4.3% increase. Analysts maintain a positive outlook with increased price targets and confidence in future growth drivers.
TikTok Vs. Reels Vs. Shorts: Analyst Sizes Up Short-Form Video Platforms On Valuation And Monetization
Universal Music Group Shares Plunge After Disappointing Q2 Results
Universal Music Group shares drop 23% as streaming revenue declines. Discover how the music giant plans to navigate the market.
Why XPeng Shares Are Gaining Today
XPeng CEO Xiaopeng He revealed plans for a competitive Robotaxi launch in 2026. The company's stock is up over 4%.
Amazon Faces Dual Investigations In Italy For Alleged Tax Evasion, Labor Violations
Amazon under investigation for tax evasion in Italy, accused of dodging labor & tax laws. Sources say another unit also probed for tax evasion.
Ferrari Executive Targeted By Deepfake Scam: Report
Earlier this month, a Ferrari NV (NYSE ) executive received suspicious WhatsApp messages from a deepfake impersonating CEO Benedetto Vigna. The scam, aimed at discussing a confidential acquisition, was identified due to mechanical intonations and a different phone number.
Norfolk Southern Poised for Long-Term Efficiency, Analyst Projects Improved Operating Ratios
Norfolk Southern reported upbeat Q2 results, driving analysts to revise their price targets. RBC lowered to $267, Goldman Sachs raised to $292, and Stifel and Wells Fargo maintained ratings.
Disney, AMC, And IMAX Stocks Surge After "Deadpool & Wolverine" Breaks Box Office Records
Disney's Deadpool & Wolverine makes record-breaking $38.5M in Thursday previews, boosting Disney, AMC, & IMAX stocks. Film joins elite group of franchise installments. Industry expects continued success throughout weekend.
Goldman Sachs Sees Encouraging Demand, Margin Trends For Toy Maker Hasbro
Goldman Sachs analyst Stephen Laszczyk raised the price target for Hasbro from $62 to $65, reiterating a Neutral rating. This decision follows Hasbro's strong 2Q24 performance, driven by better-than-expected revenues from Wizards of the Coast.
Vice President Kamala Harris Reportedly Gave Bitcoin Conference 'Serious Consideration'
Vice President Kamala Harris' potential stance on crypto has sparked speculation as she considers appearing at a major industry conference, signaling a possible shift in the Democratic party's approach.
UK Agency Says AstraZeneca's Breast Cancer Drug Enhertu Is Expensive, CEO Pascal Soriot Urges Review Of Drug Pricing Assessment
AstraZeneca CEO Pascal Soriot urges the UK government to reassess drug funding after NICE deems Enhertu too costly, highlighting concerns over new methodology affecting advanced cancer treatments and future investments.
Wall Street Enjoys Late-Week Rally On Benign Inflation Data, Dow Jones Eyes Best Session Of 2024, Tech Unwinding Stalls: What's Driving Markets Friday?
After a turbulent week in the markets, the bulls reclaimed dominance on Wall Street during Friday’s session, with indices and sectors trading in positive territory as investors welcomed the latest corporate earnings results and further confirmation of inflation progressing toward the Fed’s 2% target.
Tech Giants Potentially Seek Partnership With Ray Ban Maker After Smart Glasses Collaboration
EssilorLuxottica shares rose on interest from Google and other tech companies in partnerships after teaming up with Meta Platforms for Ray-Ban smart glasses, with CEO Francesco Milleri discussing Meta's market stake purchase intentions.
Senator Warren Raises Alarm Over Foreign-Owned Crypto Mining Operations In The US
Senator Warren raises concerns about foreign-owned crypto mining operations in the US, citing risks to national security and anti-money laundering laws. Upcoming event to discuss implications.
General Motors' Cruise Aims To Resume Driverless Rides This Year: Report
Cruise, the self-driving vehicle unit primarily owned by General Motors Company, reportedly aims to resume fully autonomous rides later this year and may start charging fares by early 2025.
Qualcomm Analyst Predicts 34% Upside: 'Share Price Pullback Offers Entry Point'
Qualcomm shares dropped 13% in just a month; this presents an excellent entry point for investors looking to capitalize on AI adoption.
Not Lovin' It: McDonald's Stock Faces Bearish Headwinds Ahead Of Q2 Earnings
McDonald's (NYSE:MCD) will report Q2 earnings. Stock is down 13.33% in past year and shows bearish indicators. Analysts rate it a Buy with $307.62 target.