Four U.S. states seek penalties totaling $1.4 trillion from Meta for intentionally designing addictive features harming public health. Meta Platforms is confronting a $1.4 trillion lawsuit from California, Colorado, Kentucky, and New Jersey, alleging the company deliberate
Disney’s shares decline despite strong theme park growth and streaming progress, with earnings set to clarify fiscal 2026 outlook. The Walt Disney Company (DIS) has fallen over 14% in 2026 as investors await its August earnings report. New CEO Josh D’Amaro, a longtime exec
Wall Street indexes rise modestly as strong tech performance offsets geopolitical risks and fluctuating oil prices. US equities opened higher on Thursday, recovering from midweek losses as technology shares advanced despite escalating Middle East tensions. The Nasdaq Compo
South Korea’s SK Hynix lists on Nasdaq via ADRs at $149 each, offering U.S. investors direct exposure to AI-driven memory chip demand. SK Hynix begins trading on Nasdaq Thursday under the ticker SKHY, pricing its American depositary receipts at $149 each. The offering is e
LPLA underperformed with a 52-week loss of 18% as structural fee compression and AI-driven disruption weighed on the brokerage platform. LPL Financial Holdings Inc. (NASDAQ:LPLA) closed at $300.82 on July 8, 2026, reflecting a market capitalization of $24.99 billion. The s
Tesla trades at 381x trailing earnings while Ford offers 8x forward earnings and a 4.5% dividend yield. Tesla’s valuation metrics continue to diverge sharply from traditional automakers, with its $1.58 trillion market cap supported by long-term promises rather than current
LEVI posts $0.28 adjusted EPS and $1.56 billion revenue, exceeding forecasts, and lifts full-year outlook. Levi Strauss & Co reported second-quarter adjusted earnings of $0.28 per share, surpassing analysts’ estimates of $0.24. Revenue climbed 8% year over year to $1.56 bi
Weekly EIA data shows a 61 Bcf build in natural gas inventories, slightly above the 60 Bcf consensus estimate. US natural gas inventories increased by 61 billion cubic feet for the week ended July 3, surpassing the consensus estimate of 60 Bcf. The build brought total stoc
Investors drove Vertiv’s market value up $11 billion after South Korea announced a $576 billion AI and semiconductor investment plan. Vertiv Holdings (VRT) shares rose 9.1% on June 30, adding nearly $11 billion in market value, despite no company-specific news. The rally f
Verizon and Lockheed Martin shift $70 billion in retirement assets to Goldman Sachs, boosting its outsourced investment management business. Goldman Sachs will manage $70 billion in retirement assets from Verizon Communications and Lockheed Martin, marking one of the large
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