S&P 500 sets record high as wholesale inflation data comes in flat, oil prices drop
July's flat PPI reading and falling crude prices fueled a broad market rally that pushed the S&P 500 to a new record close.
Scripps News · +14 outlets
OpenAI revenue chief Denise Dresser departs ahead of IPO
Dresser is the second major executive to leave OpenAI this week, a potential blow as the company prepares for a blockbuster public offering.
US Top News and Analysis · +14 outlets
Reddit shares jump after inclusion in S&P 500
Reddit's stock surged on the news that it will join the benchmark index, after months of speculation about the addition.
US Top News and Analysis · +14 outlets
Applied Materials beats earnings expectations, revenue forecast above estimates but shares fall
The semiconductor equipment maker's strong guidance failed to satisfy investor expectations, sending the stock lower in after-hours trading.
Reuters · +14 outlets
Wholesale prices (PPI) flat in July, below expectations
The producer price index reading was softer than the 0.2% increase economists had forecast, signaling easing inflation pressure.
US Top News and Analysis · +14 outlets
Cisco shares slide 8% despite earnings beat and strong AI-driven guidance
Booming demand for AI infrastructure boosted Cisco's results, but the market wanted even more from the networking giant.
US Top News and Analysis · +14 outlets
Workday shares surge on report of potential Silver Lake acquisition
Workday's stock posted its best day in a decade after reports that Silver Lake is exploring a takeover of the HR software company.
US Top News and Analysis · +14 outlets
Databricks raises $5 billion at $190 billion valuation
The company is capitalizing on the agentic AI wave with one of the largest private fundraising rounds of the year.
US Top News and Analysis · +14 outlets
Databricks raises $5 billion at $190 billion valuation
The data and AI company's massive funding round underscores the strong investor appetite for agentic AI platforms.
US Top News and Analysis · +14 outlets
Cerebras stock plunges after mixed quarterly results swing to loss
The Nvidia rival's disappointing earnings tested the AI chip growth narrative, though some analysts see a buying opportunity.
Yahoo Finance UK · +10 outlets
US sells 30-year bonds at highest borrowing costs since 2001
Yields jumped in the auction amid persistent concerns over public debt and inflation, driving up government borrowing costs.
International homepage · +14 outlets
Trump trade court upholds closure of 'de minimis' import loophole
The court decision maintains the administration's policy ending the duty-free exemption for low-value shipments, a move Trump celebrated.
US Top News and Analysis · +8 outlets
Apple's Tim Cook opens Houston manufacturing plant with Howard Lutnick
Cook, preparing to step down as CEO, appeared alongside the Commerce Secretary to open the facility, signaling his likely chairman role.
US Top News and Analysis · +6 outlets
Anthropic CFO Krishna Rao holds early IPO meetings with investors
The AI company's finance chief is leading preliminary discussions focused on Claude and broader strategy, with no valuation yet discussed.
US Top News and Analysis · +9 outlets
Microsoft begins merging consumer and enterprise Copilot apps into unified experience
The software giant is rolling out a combined Copilot experience to a small subset of users, part of a push toward a super app.
Fortune · +14 outlets
David Zaslav sells $21.7 million in Warner stock amid Paramount merger legal limbo
The Warner Bros. Discovery CEO's stock sale comes as the proposed merger with Paramount faces ongoing legal challenges.
TheWrap · +1 outlets
Tesla plans 124-stall Supercharger hub in San Francisco
The proposed V4 station would be one of Tesla's largest, significantly expanding public charging infrastructure in the city.
All Content from Business Insider · +5 outlets
Oil prices fall after US reports crude exports through Strait of Hormuz
An update on Persian Gulf crude flows helped reverse earlier price gains as supply disruption fears eased.
US Top News and Analysis · +14 outlets