Companies

American Express Stock Falls 20% From December High as Expenses Climb

American Express shares trade near $310, about 20% below their December 2025 high, as rising expenses and slower earnings growth weigh on the stock.

Zhong Shanshan Net Worth 2026: The Water King Now Runs on Tea

Zhong Shanshan's net worth in 2026, how Nongfu Spring made him China's richest man, and why tea, not water, now drives his fortune.

Xi Jinping Urges China, US Youth to Advance Bilateral Cooperation

President Xi Jinping told students from 10 US universities he hopes young people will advance China-US cooperation in a reply to their letter.

China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market

Jersey Mike’s Debuts on NYSE, Pricing $1 Billion IPO at $23 per Share

Jersey Mike's debuted on the New York Stock Exchange, pricing its IPO at $23 per share and raising roughly $1 billion as consumer-brand listings gain momen

Linde Shares Slide After Earnings, Prompting Debate Over Buying Opportunity

Linde shares fell sharply after quarterly earnings, one of the steepest drops in a year, prompting debate over whether the slide is a buying opportunity.

Short Sellers Target SpaceX as New Deal and Lockup Expiration Loom Ahead of Earnings

Short sellers are piling into SpaceX ahead of earnings and a share lockup expiration, even as a new mega deal draws market attention to the aerospace giant

Nuclear Giant Westinghouse Confidentially Files for US Initial Public Offering

Nuclear power leader Westinghouse Electric has confidentially filed for a US initial public offering amid surging demand for atomic energy.

DexCom Shares Surge as Glucose Monitor Maker Posts 13% Revenue Growth in Second Quarter

DexCom shares jumped after the glucose monitor maker reported 13% second-quarter revenue growth and updated its full-year outlook.

Amazon Stock Surges Toward Best Day in Years as AWS Cloud Growth Accelerates

Amazon shares soared toward their best day in more than a decade as AWS cloud growth accelerated, driven by rising demand for AI infrastructure.

Coinbase Shares Slide After Third Straight Quarterly Miss on Revenue and Earnings

Coinbase stock fell after the crypto exchange missed Wall Street forecasts for revenue and earnings for a third consecutive quarter, despite a Bitcoin rall

New York Sues Kalshi, Alleging Prediction Markets Are Illegal Gambling

New York sued prediction market platform Kalshi, alleging it runs an illegal gambling operation and seeking forfeiture of profits and restitution.

Aschenbrenner’s AI-Focused Hedge Fund Reportedly Sinks 67% in July Unwind

Leopold Aschenbrenner's AI-focused hedge fund reportedly dropped 67% in July, triggering a momentum-stock shakeout followed by a record snap-back rebound.

Novo Nordisk Shares Sink 10% After Heart Drug Ziltivekimab Fails Late-Stage Trial

Novo Nordisk shares fell about 10% after its experimental heart medicine ziltivekimab missed the primary goal of a key late-stage trial.

Apple Shares Slide as Supply Chain Constraints Cloud Outlook in Cook’s Final Earnings

Apple shares fell as supply chain constraints and rising memory-chip prices overshadowed strong product demand in Tim Cook's final earnings report as CEO.

Musk Rejects Report That Tesla May Sell China Business Amid SpaceX Merger Talk

Elon Musk has rejected a report that Tesla is weighing a sale of its China business amid speculation over a potential SpaceX merger.

Apple Posts Strongest June Quarter Ever as iPhone and Mac Sales Beat Forecasts

Apple reported record June-quarter results, beating Wall Street on iPhone and Mac sales, though services revenue missed targets and shares slipped after ho

Apple Stock Wavers After Landmark $5 Trillion Milestone Tests Investor Confidence

Apple shares slide shortly after reaching a historic $5 trillion market cap, as investors weigh valuation concerns and the payoff from AI spending.

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