Large cap News

According to a CNBC report, the three investors would collectively hold about 45% of TikTok US.

In an interview with CNBC, the Citadel founder predicted only one more rate cut this year.

The experiment offers the first documented evidence of quantum systems improving real-world bond trading outcomes.

According to a CNBC report, the agreement comes at a time when the company and the FTC were three days into the trial in a Seattle courtroom, with opening arguments having been made on Tuesday.

Earlier this month, the token also made its debut on Gemini’s crypto exchange, along with support for its USD1 stablecoin.

Signatories include former Federal Reserve Chairs Alan Greenspan, Ben Bernanke, Janet Yellen and others.

Consumer spending was revised sharply higher, with personal consumption expenditures rising at a 2.5% annualized pace.

This launch, ULA’s third batch of Kuiper satellites, brings Amazon’s total in-orbit constellation to 129 satellites.

Continuing claims, an indicator of the size of the total unemployed population, increased by 2,000 to 1.92 million.

The coffee chain announced that its board has approved a restructuring plan that will close select company-operated locations and reduce non-retail headcount under its “Back to Starbucks” turnaround strategy.

Membership fee hikes, tariff maneuvers, and loyal shoppers give retail bulls confidence that Costco will crush EPS estimates like last quarter.

Seaport analysts anticipate that the stock will be driven by follow-on investments and the potential for a "stop-gap solution" in the near term.

Since hitting a bottom of $79.75 on April 7 amid the sell-off triggered by Trump tariffs, the stock has added nearly 200%.

Fund manager Louis Navellier noted that the market’s concentration has risen to a new high, with the top 10 stocks accounting for 41% of the S&P 500’s market capitalization.

According to Koyfin data, the analysts’ consensus price target for the stock is $212.47, implying a 20% upside from its close on Wednesday.

Overall car registrations in the EU rose 5.3% as buyers continued shifting toward electrified vehicles, which made up more than 62% of the market.

The DMA was adopted by the EU in 2022 as a regulatory tool to regulate the power of the most prominent digital companies.

The focus has shifted to Tesla’s upcoming third-quarter deliveries, with some analysts projecting stronger-than-expected numbers.

Intel’s stock continued to rise as the company actively seeks outside investments to bolster its sagging fortunes.

Intel’s stock has gained nearly 56% year-to-date as the company has made concerted efforts under new CEO Lip-Bu Tan to turn around its fortunes.

France’s economy ministry has reportedly scheduled an Oct. 7 inspection of Nissan’s European headquarters after requesting full 2024 accounting and payment records.

The SEC filing indicates that the ETF would weight companies based on market capitalization and crypto holdings and allocate up to 15% to PIPEs within liquidity constraints.

Lithium Americas’ shares skyrocketed over 96% in Wednesday’s afternoon trade after the firm confirmed that it is in talks with the Energy Department and GM over the $2.6 billion Thacker Pass project loan.

Waymo announced the introduction of “Waymo for Business,” inviting organizations to explore the benefits of its fully autonomous ride-hailing service.

Fermi is offering 25 million shares in the price range of $18 and $22, according to the company’s SEC filing.

The milestone comes roughly three years after Instagram hit two billion monthly users in December 2021.

The NHTSA said it was reviewing Zoox’s application and will publish a subsequent notice seeking public comment on its merits after the agency conducts its initial review.

Other participants in the round included Sony Ventures, Samsung Ventures, Andreessen Horowitz’s crypto arm, and VC firm Hashed.

Shares of Alibaba jumped nearly 9% after media reports indicated that the company plans to expand its investment in artificial intelligence, compared to its prior expectations and commitments.

The U.S. auto regulator’s probe concerns the driver’s front outboard seat belt anchorage system.

PayPal stated it will continue to be responsible for all customer-facing activities, including underwriting and servicing, associated with its U.S. Pay in four BNPL products.

Glassnode reported U.S. spot bitcoin ETF flows turned mildly negative after strong September inflows, signaling a pause in institutional demand.

Wells Fargo also raised its price target on Amazon to $280, up from $245, noting that AWS sales are expected to rise 22% in 2026, four points above consensus.

While Dow Jones futures were down by 0.02% at the time of writing, the S&P 500 futures rose 0.13%.

While UBS sees tariffs adding to the company’s costs, it believes there will be no pass-through effect to consumers.

Analysts at the firm said asset reshuffling could be the right move for the beverage giant in the long term, but presents 'elevated noise and uncertainty' in the near term.

Munster commended the company’s positive margin performance, which underscored the strength of the demand environment.

An economist predicts a quarter-point cut at each of the October and December meetings, followed by a 50-75 basis-point cut by early next year as the Fed moves to a more neutral stance.

A 90-minute Forbes-backed trial in Los Angeles documented multiple critical errors, including running red lights and going the wrong way.

Micron stock showed a muted reaction to earnings despite the quarterly numbers and guidance exceeding expectations.

Micron spent $4.93 billion in capital expenditures in the fourth quarter and $13.8 billion for the year.

The promotion highlights the strain of rising vehicle prices, record-high monthly payments, and longer loan terms as Ford leans on its best-selling pickup to keep sales momentum.

The Tesla CEO added that he is not comfortable with a future where he could be ousted by an activist shareholder advisory firm that doesn’t own Tesla shares.

According to a Reuters report, citing sources familiar with the matter, this agreement is a tentative step aimed at restoring commercial relations between the two nations.

The Fed Chair made the remarks while speaking at an event in Providence, Rhode Island.

Jed Finn, the head of wealth management at the bank, told Bloomberg that the new initiative will initially cover Bitcoin, Ether, and Solana.

At the UN General Assembly 2025, the President stated that the U.S. is prepared to act if Russia fails to end the conflict, while also criticizing NATO allies and highlighting China and India’s energy purchases.

The company announced that its new credit card enables users to earn Bitcoin on every purchase, offering a base 2% back instantly.

According to the Wedbush analyst, the Nvidia-OpenAI deal signals a 1996-style tech moment, not an AI bubble or a 1999-style crash.

Amazon announced that it would offer redeployment opportunities to as many affected employees as possible following the closure of its Fresh stores.