Morgan Stanley’s Lisa Shalett urged investors to be cautious on chipmakers as evidence mounts that their pricing power is limited, suggesting that the stocks may have rallied too far on optimism around artificial-intelligence spending. “We are seeing the AI data...

SpaceX (SPCX) stock is trading near $153 on July 9. All the initial gains since its IPO have been wiped out, despite the stock’s inclusion in the Nasdaq-100, and a slew of high price targets coming from big Wall Street banks. Goldman Sachs initiated the stock with a...

Software firm Planview Inc.’s push to refinance its debt in the private credit market has faltered, according to people familiar with the matter, leaving its owners TPG Capital and TA Associates under pressure to provide additional capital. The tech company, which has...

The wave of AI-fueled earnings surprises that powered stocks in the last earning season will be tough to repeat, making it unlikely the results alone will spark a major rally, according to Christian Mueller-Glissmann. While companies are still likely to beat...

Apollo Global Management Inc.’s Torsten Slok warned that companies outside the giants of the technology sector are failing to show gains in profitability from their spending on artificial intelligence, posing risks to Big Tech valuations. “We need to see profit...

For years, the Magnificent Seven tech giants commanded investors’ attention, dominating the S&P 500 Index and determining which way the overall stock market was headed. Those days are over. While the technology-heavy Nasdaq 100 Index is up 16% in 2026 and the...

For months, the knock on Meta Platforms (NASDAQ: META) hasn't been its business. It has been the bill. When management raised its 2026 capital expenditures guidance in April to a range of $125 billion to $145 billion, shares sank on the news. And heading into...

Wall Street is kicking off the second half of 2026 with fresh conviction: shrugging off one shock after another, markets are set to grind even higher. A diversified portfolio of stocks, bonds and commodities just posted its strongest first-half return since 2021...

A United Launch Alliance rocket lofted 29 satellites for Amazon.com Inc., paving the way for the start of the company’s broadband service later this year in a challenge to SpaceX’s dominant Starlink network. The Atlas V rocket carrying the latest batch of Amazon Leo...

A gauge measuring Britons defaulting on credit cards and other unsecured loans has hit its highest level since the financial crisis, a sign of growing pressure on household finances. The proportion of lenders saying default rates rose over the previous three months...

Hong Kong’s assets under management climbed 20% to a record HK$42.2 trillion ($5.4 trillion) last year, a sign that the city’s prolonged attempt to become a wealth management hub is bearing fruit. The increase was fueled by a 193% jump in net fund inflows to HK$2.1...

Caterpillar Inc. stock slid from a record high Wednesday after Michael Burry, made famous in The Big Short for his bets against the US housing market ahead of the 2008 crisis, said he shorted the industrial heavyweight for the first time. The call comes as the...