U.S. strikes Iran after surprise missile attack, dashing hopes of de-escalation
The U.S. forces began launching strikes against Iran Wednesday stateside, plunging the two sides back into open conflict after a days-long pause.
Analysis: Fed Chairman Warsh's credibility in question after leaving interest rates unchanged
The Fed held interest rates steady, but long-term Treasury yields jumped. Investors are questioning whether he will act forcefully enough on inflation.
Jeep maker Stellantis swings to profit on rising demand in North America; shares fall 5%
Auto giant Stellantis on Thursday swung to profit in the second quarter, boosted by rising demand in North America.
Shell posts best quarterly profit in four years as Iran war boosts oil and gas prices
The bumper result comes as energy majors receive a profit boost from soaring fossil fuel prices amid the Iran war.
Treasury sell-off continues after divided Fed holds interest rates steady
U.S. Treasury yields continued their upward climb on Thursday as investors weighed the Federal Reserve's decision to hold interest rates steady.
The Strait of Hormuz is just one trade chokepoint facing a new era of maritime warfare
Attacks near the Strait of Hormuz, Red Sea and Black Sea are pushing shipowners to reroute cargo and rethink global trade risks.
We're raising our price target on Starbucks after a home-run quarter
Shares jumped in extended trading Thursday as CEO Brian Niccol's turnaround gathers momentum.
Here are the last times the Dow dropped by 1,000 points and what happened next
After the Dow falls by 1,000 points, the index typically is weak in the week that follows. The average then posts gains in the next month and three months.
Here’s why Europe’s hot summers are becoming an expensive challenge
Record heatwaves are straining Western Europe’s infrastructure, businesses and budgets as wildfires and insurance costs rise.
China threatens retaliation against U.S. humanoid robot ban, says it 'severely damages' relations
China's Commerce Ministry said Thursday the U.S. Federal Communications Commission has repeatedly ignored Beijing's restrained stance.
SpaceX faces House Energy Committee demand to tour its AI data centers in Memphis
The ranking member of the House Committee on Energy is demanding SpaceX records and a tour of its data centers and power plants in and around Memphis.
The U.S. wants Asia to use its AI — but China dominates cheaper models
The world's largest continent is becoming the center of the artificial intelligence race between the U.S. and China.
Inside India newsletter: Meta's clout in the world's largest democracy is surging — inviting scrutiny
Meta Platforms has strengthened its influence on India as Gen Z protesters widely relied on Instagram to raise their concerns against the Modi government.
Zuckerberg lays out Meta's AI capacity dilemma: What to sell vs. what to keep
For investors anxious to hear more about Meta's plans to make money from its big AI spending, Mark Zuckerberg said there's a trade-off.
Rolls-Royce jumps 4% as it sees boost from both the defense boom and AI data center buildout
Orders in the company's data center power business grew more than 50% in the first half of the year.
Samsung Electronics second-quarter operating profit beats estimates on soaring AI chip demand
Samsung Electronics extended its record run with second-quarter operating profit topping analysts' estimates.
Microsoft jumps 8% as it boosts capital spending plans, citing demand
Microsoft sees positive free cash flow for the new fiscal year as it changes accounting for data centers and office buildings.
Senate Judiciary postpones Blanche AG nomination vote over Trump-IRS settlement concerns
Sen. John Cornyn, R-Texas, says the DOJ has failed to satisfy his concerns about a deal to shield President Donald Trump and others from IRS tax audits.
What a divided Fed means for investors
Wall Street has a clear takeaway from this week's Federal Reserve decision: A hike is likely on the horizon.
China AI supplier Zhongji Innolight slips in Hong Kong debut after $6.8 billion IPO
Shares of Zhongji Innolight fell on Thursday after the Chinese optical transceiver maker made its trading debut on the Hong Kong Stock Exchange.
Fed keeps rates steady. The big question now: What will Microsoft and Meta say on AI capex?
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Qualcomm to raise prices during memory crunch as chipmaker issues light earnings guidance
"Cost went up, prices are going to go up," Qualcomm CEO Cristiano Amon said in an interview.
OpenAI CFO Sarah Friar tells employees that annualized revenue in July topped all of Q2
OpenAI is trying to reassure employees that the business is healthy as competition emerges from Anthropic as well as a host of open-source players.
Starbucks stock jumps as coffee giant raises full-year outlook
Starbucks posted its fourth straight quarter of same-store sales growth, as it continues a turnaround under CEO Brian Niccol.