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

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.

Amazon Shares Surge as Cloud Growth Bolsters Case for Heavy AI Spending

Amazon shares jumped about 10% after strong AWS cloud sales and a raised capital spending plan reassured investors on its heavy AI investment.

Regeneron Shares Climb as Eczema Drug Dupixent Powers Quarterly Earnings Beat

Regeneron Pharmaceuticals shares climbed after quarterly results topped estimates, powered by strong sales of its eczema drug Dupixent.

Adidas Shares Slide Record 17% as Profit Miss Overshadows Raised Sales Outlook

Adidas shares fell a record 17% after a 30% jump in marketing spending and a profit miss overshadowed the company's raised 2026 sales outlook.

Yum Brands Posts Mixed Quarterly Results as Cyclospora Outbreak Clouds Taco Bell Outlook

Yum Brands reported mixed second-quarter results while giving no update on a cyclospora outbreak tied to Taco Bell that threatens the chain's momentum.

Shell’s Profit More Than Doubles to $9.84bn as Iran War Drives Up Energy Prices

Shell posted its best quarterly profit in four years at $9.84bn as the Iran war drove up oil and gas prices, reviving calls for a windfall tax.

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