Dow falls 454 points as earnings, Hormuz tensions weigh on Wall Street
Wall Street ended lower on Thursday as investors paused after this week’s record-setting rally, weighing a fresh round of corporate earnings alongside renewed
Oil
Bitcoin
SpaceX stock rises ahead of first lockup expiry: here’s what investors should know
SpaceX is approaching one of the biggest milestones since its blockbuster public listing, with its first lockup period expiring today, allowing up to
Bitcoin
Dow opens 40 pts higher as chip stocks tumble despite Hormuz deal optimism
US stocks gained on Thursday as Wall Street was optimistic about a potential deal to reopen the Strait of Hormuz. However, technology stocks
Bitcoin
Why is Datadog stock down 18% despite a Q2 earnings beat and guidance raise?
Datadog shares DDOG dropped nearly 18% at market open on Thursday despite the cloud monitoring and analytics company reporting better-than-expected second-quarter earnings and
Bitcoin
Duolingo stock sinks 15% as Q3 revenue forecast misses expectations
Duolingo DUOL shares fell about 15% on Thursday after the language-learning platform issued a third-quarter revenue forecast that fell short of Wall Street
Bitcoin
Why is D-Wave stock falling 5% today?
D-Wave Quantum shares QBTS fell about 5% on Thursday after the quantum computing company reported second-quarter revenue and earnings that missed Wall Street
Business
Alphabet plans up to $25B US bond sale to fund AI spending; attracts $115B in orders
Alphabet is tapping debt markets once again as artificial intelligence spending reshapes the financing strategies of the world’s biggest technology companies. The Google
Business
Figma stock dropped after earnings: here’s why it may rebound soon
Figma stock dropped sharply after the company published its earnings report, which showed that its artificial intelligence costs soared. FIG dropped to $22.3,
Business
Honeywell Aerospace stock sinks 20% after guidance cut clouds outlook
Honeywell Aerospace HONA shares plunged about 20% on Thursday after the newly independent aerospace and defense supplier reported weaker-than-expected second-quarter results and sharply
Business
Evening digest: Alphabet bond raise, oil jumps as Hormuz risks return
Alphabet moved to raise up to $25 billion through a US bond offering as artificial intelligence spending continues to reshape Big Tech financing