Check out the companies making headlines before the bell: Home Depot — Shares gained 1.5% after the home improvement retailer posted fiscal second-quarter results that beat expectations on the top and bottom lines , and reaffirmed its full fiscal year guidance. Adjusted earnings of $4.92 per share topped the $4.73 expected by analysts polled by…
In this photo illustration, the stock market information of Synchrony Financial displayed on a smartphone while the logo of Synchrony Financial seen in the background. Igor Golovniov | Lightrocket | Getty Images Editor’s note: A previous version of this story, based on information provided by a Synchrony Financial executive, mischaracterized the collaboration between Synchrony and…
Minority owner Jeanie Buss of the Los Angeles Lakers and her husband, Jay Mohr, prior a first round NBA playoffs game between the Lakers and the Minnesota Timberwolves at Crypto.com Arena in Los Angeles, April 19, 2025. Keith Birmingham | MediaNews Group | Pasadena Star-News | Getty Images Los Angeles Lakers governor Jeanie Buss is…
Check out some of the companies making the biggest moves midday: Intuitive Machines — Shares of the maker of robotic spacecraft and landers designed to fly to the moon jumped another 9%, rising for a fifth day. Houston-based Intuitive said it received an “authorization to proceed” from an unnamed customer to start work on a…
Billionaire investor Stanley Druckenmiller ramped up his bets on stocks linked to artificial intelligence in the second quarter, as the technology sector regained a prominent role among his biggest holdings. Druckenmiller’s Duquesne Family Office dramatically increased its Amazon stake in the second quarter, lifting the value of the position to about $129 million, according to…
Paramount and Warner Bros logos are seen in this illustration. Dado Ruvic | Reuters Prediction markets traders still see Paramount Skydance as likely to succeed in its bid to acquire Warner Bros. Discovery, but a battle in court with 12 state attorneys general is increasing the chances that the merger falls through. Traders on prediction…
Avishek Das | Lightrocket | Getty Images Synchrony Financial, the credit card issuer for brands including Amazon, Walmart and Lowe’s, is working with OpenAI to allow shoppers to buy products directly inside ChatGPT using their store cards. The deal is one of the first major moves by a U.S. consumer lender to bring financing, payments…
Check out the companies making the biggest moves premarket: Alibaba — Shares were higher by 1.5% after Reuters reported the company was set to sell its game developer business. Citing a person familiar with the matter, Reuters said Lingxi Games is expected to be sold in a more than $2 billion to private equity firm…
China has entered a new phase of exporting artificial intelligence-related hardware, creating “globally relevant export winners,” Goldman Sachs analysts said. Its analysis found companies with market opportunities ranging from $12 billion to $212 billion by 2030. With growing uncertainty around U.S. restrictions on high-tech imports from China, many exporters are instead expanding into Europe and…
Berkshire Hathaway CEO Greg Abel holds a U.S. flag at a naturalization ceremony hosted by the Iowa Cubs in Des Moines on June 25, 2026. Iowa Cubs/Michael Hill Berkshire Hathaway sharply increased its stake in Alphabet in the second quarter, vaulting the Google parent into its three biggest stock holdings. The conglomerate also added to…
