Companies

Cava Beats Quarterly Estimates as Diners Avoid Lettuce Amid Food-Safety Scares

Cava Group topped quarterly expectations and reaffirmed its forecasts as sales grew despite some diners avoiding lettuce amid a summer of food-safety scare

Riot Platforms Surges on $9.1 Billion AI Compute Deal With Anthropic

Bitcoin miner Riot Platforms struck a 20-year, $9.1 billion compute deal with AI developer Anthropic, sending shares higher and highlighting the crypto-to-

CoreWeave Stock Jumps 10% as Revenue Doubles, Debt Hits $35 Billion

CoreWeave shares rose about 10% after revenue more than doubled on AI infrastructure demand, though the company carries roughly $35 billion in debt.

U.S. July Inflation Report Lands Wednesday, Shaping Fed’s Next Rate Move

The U.S. consumer price index due Wednesday is expected to show a modest July rise, giving the Federal Reserve a key signal on its next rate move.

Medicaid Ends Federal Funding for Gender-Affirming Care for Minors

The Trump administration will halt Medicaid and CHIP funding for gender-affirming surgeries and hormone treatments for transgender minors starting October

Microsoft Rally Lifts Wall Street on Record Cloud Revenue, Offsetting Fed Jitters

Microsoft shares surged on a strong quarter and record cloud revenue, helping offset Fed uncertainty as Quanta and Huntington Ingalls also gained.

Intercontinental Exchange to Buy MarketAxess in $5.7 Billion Fixed-Income Deal

Intercontinental Exchange will acquire MarketAxess Holdings in a $5.7 billion deal to expand its fixed-income and electronic bond trading operations.

Capital One Says It Closed Trump Organization Accounts After Money-Laundering Review

Capital One says it closed the Trump Organization's accounts after an anti-money-laundering review, the first bank to tie such concerns to Trump's business

EU Clears $55 Billion Electronic Arts Buyout Led by Saudi Arabia’s Wealth Fund

The European Union has cleared the $55 billion take-private acquisition of Electronic Arts led by Saudi Arabia's Public Investment Fund, Silver Lake and Af

Rivian Trims 2026 Spending and Narrows Loss Guidance in Second-Quarter Results

Rivian scaled back its 2026 capital spending and narrowed its projected losses as the EV maker reported second-quarter results amid sector pressures.

Oil Giants Set to Report Bumper Profits as US-Iran Conflict Drives Up Fuel Prices

Exxon Mobil and Chevron are expected to report strong Q2 profits as the US-Iran conflict disrupted Strait of Hormuz shipments and drove fuel prices higher.

Citadel Acquires Bulk of Situational Awareness’s Stock Portfolio After AI Losses

Citadel has acquired most of Situational Awareness's stock holdings after the fund suffered heavy losses tied to a decline in AI shares.

Aschenbrenner’s AI Hedge Fund Faces Margin Calls, Drawing Comparisons to LTCM Collapse

Leopold Aschenbrenner's AI hedge fund Situational Awareness faces margin calls after a 439% surge, drawing comparisons to the 1998 collapse of LTCM.

Ferguson Enterprises Shares Surge on S&P 500 Inclusion, Edging Out Bigger Names

Ferguson Enterprises stock rallied more than 8% after the Virginia-based industrial distributor was named the newest addition to the S&P 500 index.

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.

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