The release of June housing starts and building permits arrives at an important moment for financial markets as investors continue assessing the resilience of the US economy under a prolonged period of relatively high interest rates.
Hims & Hers Health, Inc. announced that Irene Becklund, the company's Chief Accounting Officer and Principal Accounting Officer, intends to resign effective October 9, 2026. Ms. Becklund will transition to an advisory role with the company through July 10, 2027, providing continued support during …
The release of the June Import and Export Price Indexes offers investors another important perspective on inflation as financial markets continue evaluating the outlook for US monetary policy.
Eli Lilly (NYSE: LLY) has agreed to acquire AtaiBeckley in a deal valued at approximately $2.8 billion, marking one of the most significant pharmaceutical transactions focused on psychedelic-derived medicines.
Micron Technology came under renewed selling pressure after its shares fell below an important technical support range betweenUS$910 and US$898, a level that many market participants had been monitoring as a critical price floor. The technical breakdown added to negative market sentiment and suggested …
Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chip manufacturer, delivered another record-breaking quarter, highlighting the extraordinary demand currently being generated by artificial intelligence infrastructure spending across the semiconductor industry. The company reported quarterly net profit ofNT$398.27 billion, representing a77.4% increase compared with …
Alcoa Corporation (NYSE: AA) has announced an agreement to acquire South32’s (ASX: S32) aluminium business in a transaction valued at approximately $4.7 billion, representing one of the largest strategic acquisitions in the sector in recent years. The announcement, released alongside the company’s quarterly earnings, …
Selling pressure across the global semiconductor industry intensified during Friday's Asian trading session, withKioxia Holdingsemerging as one of the session's biggest losers after its shares plunged bymore than 15%.
Nvidia has taken another significant step in expanding its artificial intelligence ecosystem with the launch ofCosmos 3 Edge, a new AI "world model" platform designed specifically for robots and physical AI systems operating in real-world environments.
The release of the preliminary July University of Michigan Consumer Sentiment Index provides investors with one of the most widely followed measures of household confidence in the United States.