Company News - Page 13

489 articles

Mag 7 Stocks Drop $2.3 Trillion as Investors Miss Key AI Shift

The Magnificent Seven lost over $2 trillion in value since mid-May, but Jim Cramer argues investors are misreading the AI spending cycle and could miss the next rally if they treat these tech giants as a single trade

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Apple Sues OpenAI Over Alleged Theft of Trade Secrets in AI Hardware

Apple has filed a lawsuit against OpenAI and two former employees, alleging the misappropriation of confidential technology to accelerate OpenAI’s push into AI hardware, raising new questions about competition and intellectual property in the sector

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How SpaceX’s Nasdaq-100 Debut Impacts Your 401(k) Investments

SpaceX’s rapid entry into the Nasdaq-100 means millions of Americans now hold a stake in Elon Musk’s company through index funds, even if they never bought the stock directly. Here’s what that means for your retirement portfolio and risk exposure

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Shopify Faces AI Shopping Shift as Bank of America Sees Upside

AI-powered shopping assistants are changing how consumers buy online, raising questions about Shopify’s future role. Bank of America sees opportunity, but risks remain as competition from Amazon and others intensifies ahead of Shopify’s next earnings report

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Micron Boosts U.S. Chip Investment as Memory Shortage Squeezes Tech

Micron is raising its U.S. investment plan to over $250 billion by 2035, aiming to produce 40% of its DRAM chips domestically as persistent memory shortages drive up costs for major tech buyers and reshape the semiconductor supply chain

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Walmart Cuts Prices Nationwide - How Its Deals Stack Up to Target, Kroger

Walmart and Sam’s Club have rolled out major summer price cuts on groceries and essentials. Here’s how their new prices compare to Target, Kroger, and other top U.S. supermarket chains—and what it means for your wallet

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Bank of America Doubles Down on Meta Despite AI Spending Fears

Meta’s stock has lagged in 2026 as Wall Street debates the payoff of its massive AI infrastructure investments. Bank of America’s latest move signals renewed conviction, but investors face key milestones and risks in the months ahead

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Market Rotation Sends These 5 Stocks Lower - Are They Now a Bargain

A weak June jobs report triggered a sharp rotation out of defensive stocks, pushing down shares of Johnson & Johnson, PepsiCo, Starbucks, Constellation Brands, and TJX. Here’s why some investors see opportunity—and what could go wrong next

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Rocket Lab’s $8 Billion Iridium Deal Raises Stakes in Space Race

Morgan Stanley sharply increased its bull case for Rocket Lab after the company’s $8 billion Iridium acquisition, signaling a new phase in the competition to capture recurring revenue from satellite connectivity and launch services

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