Asian technology stocks selloff deepens as SoftBank falls more than 7%
Chip and AI-linked shares fell across Asia after U.S. weakness, with SK Hynix down over 10% despite record quarterly profit.
By Sarah Jenkins 3 weeks agoSection
Markets
Iran missile attack on U.S. forces intercepted, Centcom says
Centcom said Iran fired multiple ballistic missiles at U.S. forces in the Middle East, with crude prices rising more than 4%.
By Marcus V. Thorne 3 weeks ago
American ownership of Premier League clubs grows as investors pursue scarcity
U.S. investors now control 11 of 20 Premier League clubs, with Liverpool stake talks highlighting rising valuations in English soc...
By Sarah Jenkins 3 weeks ago
Jim Cramer says AI trade is giving way to retailers, software and J&J
Cramer said investors are taking profits in AI infrastructure winners and shifting toward Costco, Walmart, Salesforce and Johnson...
By Amanda Ross 3 weeks ago
xAI challenges Minnesota nudify law in federal court
Elon Musk’s xAI sued Minnesota over a law targeting non-consensual sexualized AI images, with fines of $500,000 per violation.
By Marcus V. Thorne 3 weeks ago
SK Hynix earnings hit record profit but miss LSEG estimates
SK Hynix posted record second-quarter profit as AI chip demand lifted revenue 257%, though results fell short of LSEG estimates.
By Amanda Ross 3 weeks ago
Jay Clayton DNI vote set in Senate, ending Pulte's interim role
Senators are scheduled to vote Tuesday on Trump’s DNI nominee, whose confirmation would replace interim chief Bill Pulte.
By Amanda Ross 3 weeks ago
FAA proposes space launch environmental waivers for faster approvals
The Transportation Department says the rule could cut duplicative reviews as FAA-authorized commercial space operations accelerate...
By Amanda Ross 3 weeks ago
Dow rises as AI stocks fall and Dover buys Cloeren
The Dow gained more than 500 points while AI-linked hardware shares slid, as investors rotated toward blue chips and software.
By Marcus V. Thorne 3 weeks ago
Johnson & Johnson talc settlement lifts shares to record high
J&J shares hit a record after a $5.5 billion talc deal covering about 76,000 ovarian cancer claims, CNBC reported.
By Marcus V. Thorne 3 weeks ago
SpaceX lockup earnings test follows $1.5 trillion Musk stock selloff
SpaceX and Tesla have lost $1.5 trillion in value since mid-June as traders brace for earnings and an insider lockup release.
By Marcus V. Thorne 3 weeks ago
Procter & Gamble stock sale trims Cramer trust stake before earnings
CNBC’s Investing Club said Jim Cramer’s Charitable Trust sold 100 P&G shares ahead of fiscal 2027 guidance.
By Amanda Ross 3 weeks ago