Companies

Intuitive Surgical Stock Sinks 33% in 2026 as Oppenheimer Turns Bullish

Intuitive Surgical shares dropped 33% in 2026, but Oppenheimer turned bullish, arguing rivals are being crowded out of the robotic surgery market.

Trump Orders Navy to Ditch EMALS Catapults, Costing Billions

President Trump has ordered the US Navy to remove electromagnetic launch systems from Ford-class carriers and return to steam catapults, a move costing bil

Reddit Joins S&P 500, Shares Jump 11% After Months of Speculation

Reddit will join the S&P 500, sending shares up about 11% after hours, though analysts flag concerns over its growth and AI-licensing revenue.

Kennedy Center Board Votes to Restore Trump’s Name, Close Venue Two Years

The Kennedy Center board voted to reinstate Trump's name and close the venue for roughly two years of renovations, despite a court order and trustee object

Uber and Pony.ai to Deploy Over 2,000 Robotaxis Across Europe

Uber and China's Pony.ai will jointly deploy over 2,000 robotaxis across Europe, one of the largest planned driverless fleet expansions on the continent.

Intuitive Surgical Stock Sinks 33% in 2026 as Oppenheimer Turns Bullish

Intuitive Surgical shares dropped 33% in 2026, but Oppenheimer turned bullish, arguing rivals are being crowded out of the robotic surgery market.

Reddit Joins S&P 500, Shares Jump 11% After Months of Speculation

Reddit will join the S&P 500, sending shares up about 11% after hours, though analysts flag concerns over its growth and AI-licensing revenue.

Ackman Rebuilds Netflix Stake, Adds Five New Holdings to Pershing Square

Bill Ackman's Pershing Square has re-entered Netflix and added five other new holdings over six months, reversing his 2018 exit from the streamer.

Bullish Stock Surges Despite $280M Q2 Loss and 44% Drop in Asset Sales

Bullish shares climbed after the crypto exchange operator reported a $280M Q2 net loss and a 44% drop in digital asset sales.

SanDisk Shares Surge 12% After Unveiling Growth Targets Through 2030

SanDisk stock jumped about 12% after unveiling long-term revenue and profit targets through 2030 at its Investor Day, lifting memory peers and prompting an

Tapestry Forecasts Strong Annual Profit as Coach Lures Young Shoppers

Tapestry forecast strong annual profit on Coach's momentum with younger consumers, though shares slid as the outlook met lofty investor expectations.

OpenAI Revenue Chief Denise Dresser Quits After Less Than a Year

OpenAI revenue chief Denise Dresser is leaving after less than a year, the second major executive exit in days as the company eyes a potential IPO.

Workday Surges 20%, Trading Halted on Silver Lake Takeover Talks

Workday shares jumped about 20% before trading was halted on a report that Silver Lake is in talks to take the software company private.

Intuitive Machines Stock Drops 9% After Q2 Loss and Revenue Miss

Intuitive Machines shares fell about 9% after the lunar company reported a wider Q2 loss and revenue below Wall Street forecasts.

Home Depot CEO Ted Decker Takes Medical Leave, Two Executives Assume Control

Home Depot CEO Ted Decker is taking a temporary medical leave expected to last several months, with two senior executives assuming day-to-day control.

Telstra CEO Vicki Brady Gets $700,000 Pay Rise Despite Nationwide Outage

Telstra awarded CEO Vicki Brady A$6.8m for the year, a A$700,000 rise, even after docking her bonus over a nationwide network outage in July.

Maersk Shares Jump 7% After Profit Beat and Raised Full-Year Outlook

A.P. Moller-Maersk shares surged as much as 7% after the shipping giant beat profit estimates and raised its full-year earnings guidance.

Cisco Stock Drops Despite Earnings and Revenue Beat on Wall Street

Cisco shares fell after hours despite beating Wall Street estimates on earnings and revenue, as investors focus on AI-driven networking demand and guidance

Bob Iger, Josh Kushner Buy Los Angeles Lakers in Record $12.5 Billion Deal

Bob Iger and Josh Kushner are buying the Los Angeles Lakers for a record $12.5 billion, pending NBA board approval, in the second sale within a year.

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