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Deutsche Bank Downgrades Novo Nordisk to Sell After 70% Stock Plunge

Deutsche Bank downgraded Novo Nordisk to sell on Thursday after the Ozempic maker's stock fell roughly 70% from its peak amid rising competition.

Bank of Korea Raises Rate to 3% in Second Straight Hike

The Bank of Korea raised its benchmark rate 25 basis points to 3.0% on Thursday, a second straight hike backed by a chip-led export boom.

Warsh Cuts Fed Statement to 130 Words, Drops All Rate-Cut Language

Fed Chair Kevin Warsh shortened the post-meeting statement to 130 words from 341, removing all mention of future rate cuts and hinting at higher-for-longer

Trump Demands FCC Punish NBC Host, Treasury Bars Reporters From G20

Trump called for FCC punishment of NBC host Kristen Welker on Sunday as the Treasury barred NYT, WSJ and Bloomberg reporters from G20 events.

Bessent Says U.S. Will Sanction Another Bank Over Iran Ties This Week

Treasury Secretary Scott Bessent said the U.S. will sanction another bank this week to clamp down on Iran transactions, ahead of G20 meetings in North Caro

eBay Agrees to Pay Roughly $50 Million to Couple Targeted in Bizarre Harassment Campaign

eBay has agreed to pay roughly $50 million to a Massachusetts couple targeted by former employees with threats and bizarre deliveries, ending years of liti

Visa to Cut 7% of Global Workforce as Efficiency Drive Deepens Across Corporate America

Visa plans to reduce its global workforce by roughly 7%, affecting more than 2,000 roles, as the payments giant deepens an efficiency and technology drive.

Coca-Cola Beats Earnings Estimates and Raises Full-Year Outlook on Robust Demand

Coca-Cola topped second-quarter earnings estimates and lifted its full-year outlook on strong global beverage demand, sending shares higher.

Boeing Q2 Revenue Beats Estimates as Jet Deliveries Rise and Cash Flow Turns Positive

Boeing posted second-quarter revenue above estimates as jet deliveries climbed and cash flow turned positive, though the company reported a wider-than-expe

Teradyne Stock Climbs Ahead of Second-Quarter Earnings Set for July 28

Teradyne shares advanced as investors positioned ahead of the semiconductor testing equipment maker's second-quarter earnings report due July 28.

Bloom Energy Stock Surges as Sales Top $1 Billion on AI Data Center Demand

Bloom Energy shares jumped after quarterly sales topped $1 billion and the fuel-cell maker raised 2026 guidance again, driven by AI data center power deman

Seagate Beats Estimates and Lifts Outlook on Surging AI Storage Demand

Seagate topped June-quarter estimates and issued an upbeat forecast on surging AI-driven storage demand, lifting shares after hours.

Royal Caribbean Raises Profit Forecast on Strong Demand Despite Middle East Booking Softness

Royal Caribbean lifted its full-year earnings outlook on robust cruise demand, despite a modest booking hit from Middle East geopolitical tensions.

Apple Becomes Second Company to Reach $5 Trillion as Investors Retreat from AI Stocks

Apple became the second company to touch a $5 trillion valuation as investors rotated out of AI and semiconductor stocks amid a broader tech sell-off.

Chobani Must Face Class-Action Lawsuit Over Zero-Sugar Yogurt Labeling, Appeals Court Rules

A U.S. appeals court has revived a class-action lawsuit against Chobani over allegations that its zero-sugar yogurt labeling misleads consumers.

US Plans to Ban New Chinese Robots and Power Inverters, Citing AI Security Risks

The Trump administration plans to ban imports of advanced Chinese robots and power inverters, citing national security risks to the U.S. AI buildout.

Chip Stocks Head for One of Their Worst Months Ever as Broader Market Holds Steady

Semiconductor stocks are posting one of their steepest monthly declines on record, echoing the dot-com era, even as the broader market holds steady.

Chip Stocks Extend Selloff Amid AI Financing Doubts and China Competition Fears

Semiconductor shares fell for a second session as investors weighed AI financing costs and rising competition from Chinese chipmakers.

ASML Retains Chipmaking Edge Despite China’s Domestic Tool Push, Analysts Say

ASML remains insulated from China's domestic chipmaking tool drive despite US-China tensions, analysts say, as investors reassess recent share weakness.

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