Nintendo's fiscal first-quarter profit and revenue beat estimates, despite Switch 2 sales slump

Aug 6, 2026, 3:38 AM EDT - 16 minutes ago

Nintendo's fiscal first-quarter profit and revenue beat estimates, despite Switch 2 sales slump

Nintendo's fiscal first-quarter net profit beat estimates In this article 0K85-GB


SoftBank Group Reports Lower Quarterly Profit

Aug 6, 2026, 3:35 AM EDT - 19 minutes ago

SoftBank Group Reports Lower Quarterly Profit

SoftBank Group's first-quarter net profit dropped due to lower gains from its Vision Funds business.


Gold (XAU/USD) & Silver Price Forecast: NFP Outlook Keeps Bullion Rally in Focus

Aug 6, 2026, 3:30 AM EDT - 24 minutes ago

Gold (XAU/USD) & Silver Price Forecast: NFP Outlook Keeps Bullion Rally in Focus

Meta Description: Gold and silver remain supported ahead of Friday's U.S. Nonfarm Payrolls report as softer labor market data, Fed rate expectations, and central bank demand keep bullion in focus.

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Rheinmetall stock volatile after trimming guidance as Germany's F126 warship cancellation hits sales outlook

Aug 6, 2026, 3:29 AM EDT - 25 minutes ago

Rheinmetall stock volatile after trimming guidance as Germany's F126 warship cancellation hits sales outlook

Rheinmetall trimmed its 2026 guidance by 300 million euros, reflecting a cancelled order from the German government earlier this year. It came as the arms maker saw sales grow 39% and profits rise 74%...

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WPP Top-Line Decline Eases as Turnaround Continues

Aug 6, 2026, 3:20 AM EDT - 34 minutes ago

WPP Top-Line Decline Eases as Turnaround Continues

WPP said revenue less pass-through costs, a closely-watched metric, fell less sharply last quarter thanks to a recovery in its media-buying operations.

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Google's $15 billion India data centre project battles water, wildlife concerns

Aug 6, 2026, 3:18 AM EDT - 36 minutes ago

Google's $15 billion India data centre project battles water, wildlife concerns

Work to build Google's planned Indian data centre hub is in full swing, with a ​hillside above the site stripped to red earth and terraced into steps, but mounting opposition from environmentalists is...

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It Makes Sense for Gold to Trade Higher: 3-Minutes MLIV

Aug 6, 2026, 3:15 AM EDT - 39 minutes ago

It Makes Sense for Gold to Trade Higher: 3-Minutes MLIV

Anna Edwards, Lizzy Burden and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." -------- More on Bloomberg Television and Markets Like this vide...

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FDA Approves First mRNA Flu Vaccine For Older Adults

Aug 6, 2026, 3:10 AM EDT - 44 minutes ago

FDA Approves First mRNA Flu Vaccine For Older Adults

"Flu remains a significant public health challenge, and mFLUSIVA provides an important new option for America's seniors. This approval also reflects the ongoing potential of our mRNA platform,” Modern...

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Hi-View Identifies Five High-Priority Chargeability Anomalies at the Borealis Porphyry Target in the Toodoggone

Aug 6, 2026, 3:01 AM EDT - 53 minutes ago

Hi-View Identifies Five High-Priority Chargeability Anomalies at the Borealis Porphyry Target in the Toodoggone

VANCOUVER, BRITISH COLUMBIA – TheNewswire - AUGUST 6, 2026 – HI-VIEW RESOURCES INC. (“ Hi-View ” or the “ Company ”) (CSE: GXLD; OTC: GXLDF; FSE: B630) announces preliminary 2026 field results from th...

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SoftBank posts profit beat boosted by stakes in Intel and TikTok-owner ByteDance

Aug 6, 2026, 2:58 AM EDT - 56 minutes ago

SoftBank posts profit beat boosted by stakes in Intel and TikTok-owner ByteDance

SoftBank on Thursday reported profit for its fiscal first quarter that beat market expectations.

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Natural Gas and Oil Forecast: OPEC+ Supply Shift, EIA Inventory Build Weigh on Crude

Aug 6, 2026, 2:51 AM EDT - 1 hour ago

Natural Gas and Oil Forecast: OPEC+ Supply Shift, EIA Inventory Build Weigh on Crude

Meta Description: Oil markets react to a surprise EIA crude inventory build and OPEC+'s September output increase, while natural gas remains supported by strong LNG export demand.

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UK's Harbour Energy lifts annual production and cash outlook

Aug 6, 2026, 2:48 AM EDT - 1 hour ago

UK's Harbour Energy lifts annual production and cash outlook

British oil ​and gas producer Harbour ‌Energy raised its annual free cash flow and production ​forecasts for the second ​time this year on ⁠Thursday after record first-half ​output and higher oil ​and...

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Nintendo Q1 operating profit jumps 151%, beating analyst estimates

Aug 6, 2026, 2:39 AM EDT - 1 hour ago

Nintendo Q1 operating profit jumps 151%, beating analyst estimates

Nintendo ​said on ‌Thursday operating profit rose ​150.5% ​to 142.6 billion ⁠yen ($903.8 ​million) in ​the April-June quarter.

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Why This Retail Expert Likes Tapestry, Ralph Lauren, Off-Price Stores

Aug 6, 2026, 2:30 AM EDT - 1 hour ago

Why This Retail Expert Likes Tapestry, Ralph Lauren, Off-Price Stores

A resilient consumer and product “newness” are driving up retail stocks. Dana Telsey, founder of Telsey Advisory Group, shares her favorite names.

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SanDisk stock tanked after earnings, but here's why this sell-off may not last

Aug 6, 2026, 2:25 AM EDT - 1 hour ago

SanDisk stock tanked after earnings, but here's why this sell-off may not last

SanDisk stock (NASDAQ: SNDK) plunged more than 5% in extended trading on Wednesday, adding to a 5.4% regular-session decline, even though the flash-memory company delivered results that would normally...

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Arms Maker Rheinmetall Trims Sales Guidance After Germany Scraps Frigate Project

Aug 6, 2026, 2:17 AM EDT - 1 hour ago

Arms Maker Rheinmetall Trims Sales Guidance After Germany Scraps Frigate Project

The company expects annual sales between $15.83 billion to $16.41 billion, guidance which remains above what it reported last year.

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OpenAI asks US judge to dismiss Apple's trade secrets case

Aug 6, 2026, 2:11 AM EDT - 1 hour ago

OpenAI asks US judge to dismiss Apple's trade secrets case

OpenAI asked a U.S. judge on Wednesday to dismiss Apple's lawsuit ​accusing it and two former ‌Apple employees of misappropriating the iPhone maker's trade secrets to benefit the ChatGPT maker's ​fora...

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Google is expanding its AI empire — and losing the people who built it

Aug 6, 2026, 2:06 AM EDT - 1 hour ago

Google is expanding its AI empire — and losing the people who built it

Google's cloud boom is testing the company's commitment to frontier AI as commercial returns take priority. Jeff Dean's departure and Demis Hassabis' move away from daily management of DeepMind add to...

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Japan's Mitsubishi Electric to start industrial build-up for GCAP fighter

Aug 6, 2026, 1:57 AM EDT - 1 hour ago

Japan's Mitsubishi Electric to start industrial build-up for GCAP fighter

Mitsubishi Electric plans to build three facilities to produce electronic systems for the advanced fighter being developed by ​Japan, Britain and Italy, and expects the project to contribute to profit...

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Medicover to sell India hospital business to KKR for €1.2 billion

Aug 6, 2026, 1:57 AM EDT - 1 hour ago

Medicover to sell India hospital business to KKR for €1.2 billion

Swedish healthcare provider Medicover agreed on Thursday to ​sell its India hospital business ‌to funds managed by global investment firm KKR for €1.2 billion ($1.39 billion).

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Siemens Lifts Smart Infrastructure Outlook After Data Center Demand Boosts Profit, Orders

Aug 6, 2026, 1:54 AM EDT - 2 hours ago

Siemens Lifts Smart Infrastructure Outlook After Data Center Demand Boosts Profit, Orders

The division produces electrical and grid equipment and won a number of large contracts from the U.S. and Europe as companies race to build artificial intelligence infrastructure.

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Maurel & Prom reports 78% jump in half-year net income driven by crude prices

Aug 6, 2026, 1:51 AM EDT - 2 hours ago

Maurel & Prom reports 78% jump in half-year net income driven by crude prices

French oil producer Maurel & ​Prom reported a ‌78% jump in its consolidated ​half-year net ​income to $191 million on ⁠Thursday, as ​higher crude prices ​boosted profitability, and said crude exports ...

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Commerzbank CEO Calls For Dialogue With UniCredit

Aug 6, 2026, 1:44 AM EDT - 2 hours ago

Commerzbank CEO Calls For Dialogue With UniCredit

Bettina Orlopp appealed for constructive dialogue with UniCredit after the Italian bank achieved a near majority stake in its German rival.

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Rheinmetall scales down 2026 sales outlook on scrapped frigate programme

Aug 6, 2026, 1:43 AM EDT - 2 hours ago

Rheinmetall scales down 2026 sales outlook on scrapped frigate programme

German defence company Rheinmetall revised down its 2026 sales outlook ​range on Thursday in the aftermath of ‌the German government's decision to jettison a delayed frigate programme whose contract t...

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Deutsche Telekom Lifts Buyback by Up to $3.5 Billion, Raises Key Metric Guidance

Aug 6, 2026, 1:34 AM EDT - 2 hours ago

Deutsche Telekom Lifts Buyback by Up to $3.5 Billion, Raises Key Metric Guidance

The telecommunications company raised its full-year buyback program after posting higher revenue in the second quarter.

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Uber's CTO says the company is coming to the end of its tokenmaxxing era

Aug 6, 2026, 1:23 AM EDT - 2 hours ago

Uber's CTO says the company is coming to the end of its tokenmaxxing era

Uber is leaving its tokenmaxxing era behind, a top executive says. Its CTO said AI adoption at the company has quadrupled, but efficient use is now being prioritized.

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Berkshire's Buybacks and 2 More Big Things in Its Earnings Report

Aug 6, 2026, 1:15 AM EDT - 2 hours ago

Berkshire's Buybacks and 2 More Big Things in Its Earnings Report

Warren Buffett's company was busy in the second quarter, repurchasing its own stock. Its investment activity and cash levels are also on Wall Street's radar.

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Commerzbank, facing possible UniCredit takeover, posts 94% profit gain

Aug 6, 2026, 1:11 AM EDT - 2 hours ago

Commerzbank, facing possible UniCredit takeover, posts 94% profit gain

Germany's Commerzbank , nearing ​a possible takeover ‌by Italy's UniCredit , said on Thursday ​that net ​profit rose 94% in ⁠the second ​quarter, better than ​analysts had expected.

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JPMorgan CEO Jamie Dimon says the AI spending boom is likely to pay off

Aug 6, 2026, 12:30 AM EDT - 3 hours ago

JPMorgan CEO Jamie Dimon says the AI spending boom is likely to pay off

Jamie Dimon said AI spending in the US is likely to pay off. He said data center construction has boosted the US GDP, creating jobs and demand for construction materials.

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Samsung, SK Hynix shareholders call for bigger payouts from AI cash mountain

Aug 6, 2026, 12:28 AM EDT - 3 hours ago

Samsung, SK Hynix shareholders call for bigger payouts from AI cash mountain

Samsung Electronics and SK Hynix face growing calls from investors wanting a greater share of excess cash via dividends or buybacks, after the pair provided scant detail on capital returns when report...

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Here's why Western Digital stock plunged 11% despite strong earnings

Aug 6, 2026, 12:26 AM EDT - 3 hours ago

Here's why Western Digital stock plunged 11% despite strong earnings

Western Digital stock (NASDAQ: WDC) fell as much as 10.8% in after-hours trading on Wednesday, after losing 5.4%, despite the company beating Wall Street estimates. Adjusted earnings rose to $3.56 a s...

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‘I'm not spying': how Meta's smartglasses have divided opinion

Aug 6, 2026, 12:00 AM EDT - 3 hours ago

‘I'm not spying': how Meta's smartglasses have divided opinion

While some users say the wearables have changed their lives, critics voice fears over safety and privacy

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SK Hynix, Samsung stocks crash again: is Korea's AI boom becoming volatility machine?

Aug 5, 2026, 11:48 PM EDT - 4 hours ago

SK Hynix, Samsung stocks crash again: is Korea's AI boom becoming volatility machine?

Samsung Electronics and SK Hynix fell sharply on Thursday, reversing Wednesday's rebound and reinforcing concerns that South Korea's artificial-intelligence trade is becoming a volatility machine. SK ...

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Qantas, pilots' union reach provisional agreement in pay talks

Aug 5, 2026, 11:31 PM EDT - 4 hours ago

Qantas, pilots' union reach provisional agreement in pay talks

Qantas and an Australian pilots' union said on Thursday they had reached a provisional agreement on a wage deal ​after the airline's long-haul pilots this week voted in ‌favour of industrial action, i...

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Three SaaS stocks that are poised to be AI winners

Aug 5, 2026, 11:16 PM EDT - 4 hours ago

Three SaaS stocks that are poised to be AI winners

Tech market cycles typically reward early physical builders, but long-term economic rewards often migrate to the software application layer. Just as networking hardware, PC chips, and mobile handsets ...

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Alibaba-Backed AI Startup Vast Seeks Fresh Capital, Eyes IPO

Aug 5, 2026, 10:48 PM EDT - 5 hours ago

Alibaba-Backed AI Startup Vast Seeks Fresh Capital, Eyes IPO

Vast, a Chinese artificial-intelligence unicorn backed by technology titans Alibaba and Baidu, is in talks with investors to get fresh capital, people familiar with the matter say.

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The Food and Drug Administration approved Moderna's mRNA flu vaccine, the first of its kind, capping a review that nearly collapsed in February.

Aug 5, 2026, 10:27 PM EDT - 5 hours ago

The Food and Drug Administration approved Moderna's mRNA flu vaccine, the first of its kind, capping a review that nearly collapsed in February.

The decision caps a seven-month review that included a rare refusal to consider the shot at all.

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US FDA approves first mRNA flu shot from Moderna

Aug 5, 2026, 10:20 PM EDT - 5 hours ago

US FDA approves first mRNA flu shot from Moderna

The U.S. Food and Drug Administration has approved Moderna's flu vaccine for people aged 50 and older, the company said on Wednesday, marking the first approval of a messenger RNA-based vaccine ​for s...

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Australia's Beach Energy swings to annual profit, shares slide on weak production outlook

Aug 5, 2026, 10:11 PM EDT - 5 hours ago

Australia's Beach Energy swings to annual profit, shares slide on weak production outlook

Beach Energy posted an annual profit on Thursday, a sharp turnaround from a year-earlier loss, although ​shares of the Australian oil and gas producer slipped more than 6% as ‌investors focused on its...

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Chime Converts More Paychecks Into More Products

Aug 5, 2026, 9:12 PM EDT - 6 hours ago

Chime Converts More Paychecks Into More Products

For Chime Financial, direct deposit is proving to be the underwriting and repayment infrastructure for a growing lending business. That connection was clear in second-quarter results released after th...

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Oil prices slip as Iran-Oman talks fuel hopes for US-Iran peace deal

Aug 5, 2026, 9:07 PM EDT - 6 hours ago

Oil prices slip as Iran-Oman talks fuel hopes for US-Iran peace deal

Oil prices slipped on Thursday as investors assessed whether progress in Iran-Oman talks could pave the way for a U.S.-Iran peace deal to end the five-month war ​and reopen the Strait of Hormuz.

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The Investors Whose SpaceX Shares Vanished Before They Could Cash In

Aug 5, 2026, 9:00 PM EDT - 6 hours ago

The Investors Whose SpaceX Shares Vanished Before They Could Cash In

One bought in to an SPV fund touting pre-IPO ‘exposure' to the rocket company. He was told later the shares were sold before trading began.

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Gold Gains as Markets Track Mideast Developments, Rethink Rate Views

Aug 5, 2026, 8:35 PM EDT - 7 hours ago

Gold Gains as Markets Track Mideast Developments, Rethink Rate Views

Gold advanced in early Asian trade after gaining overnight on a softer dollar and lower Treasury yields.

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Block's AI Overhaul Starts Showing Up in Results

Aug 5, 2026, 8:26 PM EDT - 7 hours ago

Block's AI Overhaul Starts Showing Up in Results

Block drew plenty of attention earlier this year when CEO Jack Dorsey announced plans to cut roughly 40% of the company's workforce and put artificial intelligence at the center of its operations.

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TikTok Is Laying Off 250 Employees in Its Nashville Office

Aug 5, 2026, 8:24 PM EDT - 7 hours ago

TikTok Is Laying Off 250 Employees in Its Nashville Office

The office was home to members of the app's content moderation team.

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EBay Rides Luxury, Collectibles and AI to 15% Growth in Q2

Aug 5, 2026, 8:12 PM EDT - 7 hours ago

EBay Rides Luxury, Collectibles and AI to 15% Growth in Q2

Despite its status as a founder of the category, eBay has traditionally been viewed by the rest of eCommerce's tech platforms as the industry's red-headed stepchild. It was profitable but often viewed...

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Oil Declines Amid Growing Optimism Over Reopening of Strait of Hormuz

Aug 5, 2026, 7:43 PM EDT - 8 hours ago

Oil Declines Amid Growing Optimism Over Reopening of Strait of Hormuz

Oil declined in early Asian trade amid growing optimism over the reopening of the Strait of Hormuz.

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DoorDash Says Agentic Traffic Is Low, but AI Gains Are Not

Aug 5, 2026, 7:40 PM EDT - 8 hours ago

DoorDash Says Agentic Traffic Is Low, but AI Gains Are Not

Artificial intelligence is showing up for DoorDash.

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Memory is the new gold, says Arista Networks CEO Jayshree Ullal

Aug 5, 2026, 7:32 PM EDT - 8 hours ago

Memory is the new gold, says Arista Networks CEO Jayshree Ullal

Arista Networks Chair and CEO Jayshree Ullal joins 'Mad Money' host Jim Cramer to talk quarterly results, how AI is fueling its growth, and more.

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Prosecutors Probed Whistleblower Claims That JPMorgan Mishandled Fraud Cases

Aug 5, 2026, 7:00 PM EDT - 8 hours ago

Prosecutors Probed Whistleblower Claims That JPMorgan Mishandled Fraud Cases

A former executive alleged JPMorgan improperly denied reimbursements of more than $100 million to customers who were victims of financial scams.

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Beyond Meat forecasts upbeat quarterly revenue on steady international demand

Aug 5, 2026, 6:56 PM EDT - 8 hours ago

Beyond Meat forecasts upbeat quarterly revenue on steady international demand

Faux meat-products maker Beyond Meat forecast third-quarter revenue above Wall Street estimates on Wednesday, ​as resilient demand in its international segment ‌helped counter declining U.S. sales.

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Shopify exec says AI is ushering in a 'golden age of entrepreneurship'

Aug 5, 2026, 6:56 PM EDT - 8 hours ago

Shopify exec says AI is ushering in a 'golden age of entrepreneurship'

Shopify President Harley Finkelstein said AI is making it easier for entrepreneurs to launch and grow businesses, calling it the beginning of a "golden age of entrepreneurship." He said traffic and or...

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DoorDash is still ironing out Dot delivery robot kinks, from charging to pickups

Aug 5, 2026, 6:55 PM EDT - 8 hours ago

DoorDash is still ironing out Dot delivery robot kinks, from charging to pickups

DoorDash still has problems to solve before broadly using its autonomous delivery robot. Issues like loading the robots and tricky deliveries remain, CEO Tony Xu said.

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Zillow revenue climbs 18% but layoff costs push company to a loss, amid executive changes

Aug 5, 2026, 6:48 PM EDT - 9 hours ago

Zillow revenue climbs 18% but layoff costs push company to a loss, amid executive changes

Zillow Group's second-quarter revenue rose 18% to $772 million, but a $36 million restructuring charge from this week's layoffs pushed the company to a $4 million net loss.

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Media Mogul Tom Rogers sees trouble in Disney's ad business

Aug 5, 2026, 6:42 PM EDT - 9 hours ago

Media Mogul Tom Rogers sees trouble in Disney's ad business

Tom Rogers, Versant Media senior advisor, joins 'Fast Money' to talk Disney earnings and AI usage in Hollywood.

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Jim Cramer says investors should consider buying SpaceX for their kids

Aug 5, 2026, 6:40 PM EDT - 9 hours ago

Jim Cramer says investors should consider buying SpaceX for their kids

CNBC's Jim Cramer said investors should view SpaceX as a multigenerational investment, arguing the company's biggest opportunities may take decades to fully materialize. He said Elon Musk's track reco...

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Motorola Solutions lifts annual guidance on resilient public safety demand

Aug 5, 2026, 6:33 PM EDT - 9 hours ago

Motorola Solutions lifts annual guidance on resilient public safety demand

Motorola Solutions raised its full-year revenue outlook above Wall Street estimates, betting ​on strong demand for public safety ‌communications equipment and software.

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Meta's AI model hacked another company during testing, The Information reports

Aug 5, 2026, 6:29 PM EDT - 9 hours ago

Meta's AI model hacked another company during testing, The Information reports

Meta's Muse Spark ​AI model hacked ‌another company during cybersecurity ​testing, The ​Information reported on ⁠Wednesday.

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News Corp posts record profitability, 11% jump in Q4 revenue

Aug 5, 2026, 6:28 PM EDT - 9 hours ago

News Corp posts record profitability, 11% jump in Q4 revenue

"We concluded Fiscal 2026 with an exceptional fourth quarter performance, including an 11% increase in revenues to $2.34 billion and the highest profitability on record," News Corp CEO Robert Thomson ...

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Axon posts lower quarterly gross margin on higher mix of services, new product scaling

Aug 5, 2026, 6:26 PM EDT - 9 hours ago

Axon posts lower quarterly gross margin on higher mix of services, new product scaling

TASER-maker Axon Enterprise posted lower second-quarter gross margin on Wednesday, weighed by a ​higher mix of less lucrative professional ‌services and investments in scaling new product offerings.

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Block slashed 40% of its workforce for AI — and earnings suggest that's paying off

Aug 5, 2026, 6:19 PM EDT - 9 hours ago

Block slashed 40% of its workforce for AI — and earnings suggest that's paying off

“We can ship higher-quality products much, much more quickly,” an executive said in the wake of the company's better-than-expected earnings report

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WSJ publisher News Corp beats revenue estimates on real estate, Dow Jones strength

Aug 5, 2026, 6:18 PM EDT - 9 hours ago

WSJ publisher News Corp beats revenue estimates on real estate, Dow Jones strength

Wall Street Journal publisher News Corp beat fourth-quarter revenue estimates ​on Wednesday, driven by growth in ‌its digital real estate, book publishing and Dow Jones subscription businesses.

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Paycom raises annual forecast on AI-driven demand

Aug 5, 2026, 6:13 PM EDT - 9 hours ago

Paycom raises annual forecast on AI-driven demand

Payroll processor Paycom on Wednesday lifted its annual revenue forecast, driven ​by steady demand for its ‌AI-driven employee management services.

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Solventum to hive off healthcare software business, raises profit forecast

Aug 5, 2026, 6:13 PM EDT - 9 hours ago

Solventum to hive off healthcare software business, raises profit forecast

Solventum , one of the largest providers of hospital consumables and sterilization devices, said on Wednesday it ​is planning to separate its health information systems ‌business as part of its ongoin...

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Sinclair CEO Chris Ripley “Couldn't Be Happier” About Expected FCC Repeal Of Federal Ownership Cap

Aug 5, 2026, 6:00 PM EDT - 9 hours ago

Sinclair CEO Chris Ripley “Couldn't Be Happier” About Expected FCC Repeal Of Federal Ownership Cap

With the federal cap on local TV station ownership nearing its end, Sinclair CEO Chris Ripley said he “couldn't be happier” to see a long-sought industry goal accomplished. The Republican-controlled F...

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Brazil's Central Bank Cuts Rates as Inflation Eases

Aug 5, 2026, 6:00 PM EDT - 9 hours ago

Brazil's Central Bank Cuts Rates as Inflation Eases

The bank's monetary committee cut the Selic benchmark lending rate to 14% from 14.25%, but indicated that uncertainty around its inflation projections remains higher than usual.

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Bumble forecasts downbeat quarterly revenue as paying users drop

Aug 5, 2026, 5:58 PM EDT - 9 hours ago

Bumble forecasts downbeat quarterly revenue as paying users drop

Bumble on Wednesday forecast third-quarter revenue below Wall Street estimates, as paying users ​declined during an ongoing platform overhaul ‌to win back swipe-weary Gen Z users.

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Atmos Energy posts higher quarterly profit on rate hikes

Aug 5, 2026, 5:51 PM EDT - 10 hours ago

Atmos Energy posts higher quarterly profit on rate hikes

Atmos Energy on Wednesday posted a rise in third-quarter profit, benefiting from higher rates approved ​across its distribution and pipeline segments.

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US FDA approves Takeda's sleep disorder pill

Aug 5, 2026, 5:47 PM EDT - 10 hours ago

US FDA approves Takeda's sleep disorder pill

The FDA has approved Takeda Pharmaceuticals' oral drug for narcolepsy, the U.S. ​health regulator said on Wednesday, backing ‌the first treatment that targets all the symptoms of the rare sleep disord...

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Matthew Tuttle on Investing in AI Infrastructure

Aug 5, 2026, 5:47 PM EDT - 10 hours ago

Matthew Tuttle on Investing in AI Infrastructure

Artificial intelligence is reshaping not only the technology sector, but also how investors define value.

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Lucid's new CEO says the EV maker launched cars before they were ready and let customers down

Aug 5, 2026, 5:37 PM EDT - 10 hours ago

Lucid's new CEO says the EV maker launched cars before they were ready and let customers down

Lucid's new CEO, Silvio Napoli, said the car company launched vehicles before they were ready. He's changing how the EV maker launches vehicles, and pushing back the midsize Cosmos to 2027.

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SpaceX ramps up Tesla Megapack purchases in Q2 to power its AI data centers

Aug 5, 2026, 5:32 PM EDT - 10 hours ago

SpaceX ramps up Tesla Megapack purchases in Q2 to power its AI data centers

SpaceX ramped up its spending on Tesla Megapacks during the second quarter of 2026. The AI and space company spent $295 million on Tesla's big backup batteries in the quarter and is using them to help...

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Meta to take on Anthropic's Claude and OpenAI's Codex with new coding agent

Aug 5, 2026, 5:31 PM EDT - 10 hours ago

Meta to take on Anthropic's Claude and OpenAI's Codex with new coding agent

Meta announced a new coding agent called Muse Code that's made to handle software engineering tasks. It's Meta's answer to other popular coding agents, such as Anthropic's Claude and OpenAI's Codex.

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Wednesday's Final Takeaways: GOOGL AI Chief Leaves, GLP-1 Boosts LLY

Aug 5, 2026, 5:30 PM EDT - 10 hours ago

Wednesday's Final Takeaways: GOOGL AI Chief Leaves, GLP-1 Boosts LLY

Marley Kayden and Sam Vadas wrap up Wednesday's session with a few overlooked headlines to keep on the radar. Marley details a cautionary note from Bank of America (BAC) CEO Brian Moynihan before turn...

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Oregen Announces Leadership Transition and Appointment of Kevin Shrimpton as Interim Chief Executive Officer and Director

Aug 5, 2026, 5:30 PM EDT - 10 hours ago

Oregen Announces Leadership Transition and Appointment of Kevin Shrimpton as Interim Chief Executive Officer and Director

August 5, 2026, Vancouver, British Columbia - TheNewswire – Oregen Energy Corp (CSE: ORNG) (OTCQB: ORGEF) (FSE: A1S0) ( “ Oregen ” or the “ Company ”) announces that Mason Granger has elected to st...

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Meta launches new AI coding tool powered by Muse Spark 1.2

Aug 5, 2026, 5:29 PM EDT - 10 hours ago

Meta launches new AI coding tool powered by Muse Spark 1.2

Meta Platforms on Wednesday launched Muse Code, a coding tool powered by its latest ​AI model, Muse Spark 1.2, designed to help ‌developers write and debug software.

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Lucid CEO Silvio Napoli: Next capital raise will be very positive for investors

Aug 5, 2026, 5:29 PM EDT - 10 hours ago

Lucid CEO Silvio Napoli: Next capital raise will be very positive for investors

Silvio Napoli, Lucid Group CEO, joins 'The Exchange' to discuss the company's quarterly earnings results, the company's restructuring and much more.

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Kraft Heinz CEO on Q2 earnings beat: There are green shoots, but we need to do better

Aug 5, 2026, 5:27 PM EDT - 10 hours ago

Kraft Heinz CEO on Q2 earnings beat: There are green shoots, but we need to do better

Steve Cahillane, Kraft Heinz CEO, joins Squawk on the Street to discuss the company's Q2 earnings beat, growth strategy, potential for innovation, and more.

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Bloodbath at Visa as top execs making mega bucks get canned from California offices

Aug 5, 2026, 5:27 PM EDT - 10 hours ago

Bloodbath at Visa as top execs making mega bucks get canned from California offices

Payment processing giant brutally cut 2,600 jobs, sparing no one, not even top executives.

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Meta launches Muse Code, an AI agent for large code bases

Aug 5, 2026, 5:21 PM EDT - 10 hours ago

Meta launches Muse Code, an AI agent for large code bases

Meta, considered a bit of a straggler in the AI harnesses realm, is making strides to catch up. This week, the company released a new terminal coding agent aimed at programmers looking for assistance ...

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Hollywood is cranking out billion-dollar movies again. Spider-Man just joined the ranks

Aug 5, 2026, 5:15 PM EDT - 10 hours ago

Hollywood is cranking out billion-dollar movies again. Spider-Man just joined the ranks

The theatrical industry welcomed its fourth billion-dollar film of 2026 this week as Sony and Marvel's "Spider-Man: Brand New Day" surpassed the coveted benchmark. Already part of the 2026 class is Un...

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Tesla, Inc. (TSLA) Price Forecast: Bullish Reversal Targets $386.61

Aug 5, 2026, 5:13 PM EDT - 10 hours ago

Tesla, Inc. (TSLA) Price Forecast: Bullish Reversal Targets $386.61

Tesla is testing major support after a steep correction, with bullish weekly signals emerging that could mark the start of a rebound toward key resistance levels.

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Sandisk forecasts upbeat quarterly revenue on AI-driven demand

Aug 5, 2026, 5:11 PM EDT - 10 hours ago

Sandisk forecasts upbeat quarterly revenue on AI-driven demand

Sandisk forecast quarterly revenue above estimates on Wednesday, banking on rising demand for its memory chips used ​in AI data centers.

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Motorola Solutions Lifts Outlook as Profit, Revenue Gain

Aug 5, 2026, 5:11 PM EDT - 10 hours ago

Motorola Solutions Lifts Outlook as Profit, Revenue Gain

The Chicago-based company said it now expects full-year adjusted earnings between $17.62 and $17.72 a share on revenue of about $12.98 billion.

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Trump's DOJ gains oversight of OpenAI's green-card employee sponsorships

Aug 5, 2026, 5:05 PM EDT - 10 hours ago

Trump's DOJ gains oversight of OpenAI's green-card employee sponsorships

The Justice Department's Civil Rights Division announced on Wednesday that OpenAI, and its once-subsidiary Statsig, signed a settlement that includes three years of oversight over the AI lab's hiring ...

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EBay Lifts Outlook as Depop Acquisition Closes, Revenue Rises

Aug 5, 2026, 5:05 PM EDT - 10 hours ago

EBay Lifts Outlook as Depop Acquisition Closes, Revenue Rises

The online marketplace reported higher revenue of $3.13 billion, and now expects gross merchandise volume to grow between 11.5% and 12.5% in 2026.

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News Corp Revenue Rises, With Growth Across All Segments

Aug 5, 2026, 5:02 PM EDT - 10 hours ago

News Corp Revenue Rises, With Growth Across All Segments

Digital-only subscriptions to The Wall Street Journal averaged nearly 4.5 million in the quarter, compared with 4.33 million in the prior quarter.

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Why is SanDisk stock slipping despite massive Q2 beat?

Aug 5, 2026, 5:01 PM EDT - 10 hours ago

Why is SanDisk stock slipping despite massive Q2 beat?

SanDisk (SNDK) shares are inching lower in extended hours on Wednesday even though the flash memory products specialist delivered a massive top and bottom-line beat. The multinational more than quadru...

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Meta enters the AI coding wars with Muse Spark 1.2 and Muse Code with persistent async background agents

Aug 5, 2026, 5:00 PM EDT - 10 hours ago

Meta enters the AI coding wars with Muse Spark 1.2 and Muse Code with persistent async background agents

Meta today released Muse Code, a terminal-based AI coding agent now in beta, alongside Muse Spark 1.2, a coding-focused update to its Muse Spark family of frontier models — a one-two punch that puts t...

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Western Digital forecasts upbeat revenue but shares fall on lofty expectations

Aug 5, 2026, 4:59 PM EDT - 10 hours ago

Western Digital forecasts upbeat revenue but shares fall on lofty expectations

Western Digital forecast quarterly revenue slightly above Wall Street estimates on Wednesday, betting on strong ​AI-driven demand for its hard disk drives.

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Starboard Reveals Shake Shack Stake | Bloomberg Deals 8/5/2026

Aug 5, 2026, 4:58 PM EDT - 10 hours ago

Starboard Reveals Shake Shack Stake | Bloomberg Deals 8/5/2026

A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: Starboard CEO Jeff Smith, Salesf...

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Block Raises Outlook on Financial Solutions Growth

Aug 5, 2026, 4:55 PM EDT - 10 hours ago

Block Raises Outlook on Financial Solutions Growth

Block raised its full-year guidance and reported higher second-quarter revenue as growth in its commerce and financial solutions businesses helped to offset declines in Bitcoin.

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Sandisk's stock falls as the company's forecast doesn't live up to high expectations

Aug 5, 2026, 4:54 PM EDT - 11 hours ago

Sandisk's stock falls as the company's forecast doesn't live up to high expectations

The midpoint of the company's revenue forecast was below what analysts had been modeling.

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Goodyear Swings to Loss on Lower Tire Volume, Higher Costs

Aug 5, 2026, 4:54 PM EDT - 11 hours ago

Goodyear Swings to Loss on Lower Tire Volume, Higher Costs

The company posted a loss of $204 million, or 71 cents a share, compared with a profit of $254 million, or 87 cents a share, in the year-ago quarter.

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Aggressive options trading helped drive the S&P 500's latest rally. What that means for investors.

Aug 5, 2026, 4:51 PM EDT - 11 hours ago

Aggressive options trading helped drive the S&P 500's latest rally. What that means for investors.

The S&P 500 has enjoyed an epic rally over the past five days — but the advance may be more mechanical and driven by options positioning, rather than by an improvement in investors' fundamental outloo...

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Zillow Swings to Loss on Restructuring Costs

Aug 5, 2026, 4:50 PM EDT - 11 hours ago

Zillow Swings to Loss on Restructuring Costs

The company posted a loss of $4 million as restructuring costs of $36 million weighed on the bottom line despite higher revenue.

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Joby Stock Falls Despite a Sales Beat

Aug 5, 2026, 4:48 PM EDT - 11 hours ago

Joby Stock Falls Despite a Sales Beat

Joby Aviation topped second-quarter sales estimates and raised its 2026 revenue outlook, but investors remain focused on certification and the launch of its electric air-taxi service.

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What's Driving Growth for Disney?

Aug 5, 2026, 4:47 PM EDT - 11 hours ago

What's Driving Growth for Disney?

Walt Disney's profit beat Wall Street estimates in the company's fiscal third quarter, driven by soaring income from its entertainment division and the resilience of its theme parks in California and ...

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