Equity News

In a letter sent on June 16 to NHTSA Administrator Jonathan Morrison, Democratic Senators Edward Markey and Richard Blumenthal said Tesla has used “misleading and incomplete” statistics to promote FSD.

Wedbush reportedly says Flutter Entertainment could see a FIFA World Cup-driven rebound on valuation upside and prediction market investments.

Microsoft has reportedly abandoned talks with Oracle to lease $3 billion in AI computing power after a stalemate over federal security regulations.

The comments come in the wake of Meta’s latest round of job cuts and internal reorganizations aimed at funding and accelerating its AI ambitions.

Netflix reportedly has no plans to acquire Lionsgate Studios, flatly contradicting a brief market frenzy sparked by an earlier-in-the-day report.

Amazon is reportedly facing a potential FTC lawsuit that could result in billions of dollars in penalties tied to claims of misleading advertisers on its platform.

Nokia is expanding its advanced semiconductor packaging facility in Allentown, Pennsylvania, adding 500 jobs.

The U.S. Food and Drug Administration’s Vaccines and Related Biological Products Advisory Committee (VRBPAC) will meet on June 18 to assess the benefit-risk profile of mFlusiva.

SPCX stock added 5% on Tuesday, surpassing both Microsoft and Amazon in market cap at one point during the session.

Piper Sandler sees strong early signals for Grand Theft Auto VI, with data suggesting a blockbuster launch could drive tens of millions of units in sales.

Tesla says the proposed rules are overly strict and would effectively block its autonomous technology from operating in the state.

Apple Inc. is reportedly planning a major product refresh in late 2027, including AI-powered AirPods with built-in cameras, a second-generation foldable iPhone and a special 20th anniversary iPhone.

The cut represents less than 2% of Rivian’s workforce, according to The Wall Street Journal.

Snap Inc. has officially opened preorders for Specs, a pair of standalone augmented reality glasses that blend digital content with the real world without requiring a smartphone.

UBS, BofA and BMO lift their price targets on Dynatrace and see potential upside of between 19% and 37% from Monday's close.

The agency will now decide whether to approve the drug by July 29, 2026.

Needham reiterated a ‘Buy’ rating on Magnite, citing the company’s leadership in AI-powered advertising tools.

Morse argued that the focus on controlling access to the infrastructure that powers AI is now moving to controlling access to the intelligence itself.

The call fits a wider pattern of senior crypto voices flagging capital rotation away from Bitcoin into AI.

Yum Brands has entered into agreements to sell its global Pizza Hut operations to private equity firm LongRange Capital and its former spinoff Yum China.

Our Bond Inc. rallies after an investor converts debt into equity at a steep premium, easing near-term financial pressure and boosting sentiment.

According to a report by Semafor, citing sources, Netflix is pursuing a large deal and is among several media companies interested in buying Lionsgate Studios.

The U.S. Patent and Trademark Office granted a new patent covering key aspects of its proprietary manufacturing process for its investigational cancer immunotherapy Pelareorep.

Cantor Fitzgerald reiterated its ‘Overweight’ rating on CoreWeave, with a price target of $167, implying an upside potential of about 44% from current levels.

SpaceX’s peak market capitalization on Tuesday rose to $2.95 trillion, edging past Microsoft’s highest intraday market cap of $2.948 trillion briefly.

One Stop Systems' shares are rallying after the firm disclosed details of its recent contract award from an unnamed defense-sector company.

Shareholders are set to vote on five proposals, including one to increase the number of shares available under the 2023 Equity Incentive Plan.

Sister funds ARKQ and ARKX reported only sales on Monday, with no buys across the three Wood-managed ETFs that traded.

The S&P 500 index gained about 0.1%, while the Nasdaq Composite rose 0.3%.

The company will simultaneously supply its customers with driverless technologies while building its new robotaxi business.

The company signed a new distributorship agreement with Germany-based GEZE, adding advanced door and fire protection systems to its portfolio.

Rackspace announced an agreement with AMD for chips to power its data centers and to fund the project, the company is cutting 15% jobs across the board.

Siegel believes the June Federal Open Market Committee meeting will be one of the most important policy meetings in years.

The company said it is offering to purchase any and all of its outstanding 5.150% Senior Notes due 2027 and 4.400% Senior Notes due 2049.

The brokerage expects roughly $20 million in cash restructuring charges tied to severance and benefits.

SpaceX stated in a filing with the U.S. Securities and Exchange Commission that it expects the Cursor deal to close in the third quarter this year.

The combined entity, OlinHuntsman Corporation, would generate more than $400 million in cost savings and $125 million in cash tax benefits.

Wolfe Research upgraded Palantir to ‘Peer Perform’ from ‘Underperform,’ without a price target, according to The Fly.

Addressing reporters during a bilateral meeting with the Emir of the State of Qatar, Trump slammed the Biden administration’s CHIPS Act, calling it a disaster.

Analysts highlighted the financial flexibility the company could gain from the divestiture of TheFork.

Solidion Technology announced a new battery technology, which it claims was designed with AI assistance.

Alibaba’s announcement places it among a growing list of companies seeking leadership positions in next-generation AI technologies.

Willem Meintjes has filed to sell 211,329 Marvell shares, while newly appointed CFO Dan Durn received restricted stock units.

Stocktwits data showed retail sentiment on SPY and QQQ has remained ‘bearish’ despite the recent rally.

Jim Chanos said SpaceX is ushering in an "Enron-era" wave of IPOs and equity issuance.

The former OpenAI researcher’s AI fund has been adding exposure to SanDisk since the third quarter of last year, and that stake is now worth $2.4 billion.

The company’s partnerships with eight quantum computing firms aim to build hybrid quantum-supercomputing platforms.

Markets are still digesting the trade-off between stronger earnings growth and higher interest rates, BlackRock said in its latest weekly market commentary.

The figures are likely to face close scrutiny from investors, especially if OpenAI and Anthropic launch IPOs around the same time.

A filing with the SEC revealed that CFO Shiv Verma had sold shares worth $393,778 of the company’s Class A common stock on Monday.