News
A federal appeals court decertified the shareholder class action against Boeing over the 737 MAX 9 door-plug blowout, a major legal win for the company. Shares closed at $209.48, down 2.13%.
Academy
The PEG ratio combines P/E and growth rate to help you assess whether a growth stock is overvalued. But PEG=1 is just a rule of thumb; forecast errors and industry differences are pitfalls.
News
European frozen-food giant Nomad Foods (NOMD) posted Q2 preliminary results that topped internal forecasts, reaffirmed its full-year outlook, and saw shares slip 0.96% after hours.
News
Domino’s Pizza beat Q2 revenue estimates as its supply-chain business helped offset sluggish consumer demand. Shares jumped about 7% in after-hours trading.
News
Gene-editing biotech Scribe Therapeutics filed for a ~$107 million IPO to fund its cholesterol-lowering gene-silencing therapy. Meanwhile, Eli Lilly’s $2.8 billion acquisition of psychedelic drugmaker AtaiBeckley has analysts calling it a “rising tide” for the entire space.
News
Microsoft’s earnings are here, and all eyes are on Azure’s growth trajectory and the scale of AI infrastructure spending. The stock is already up 2% in after-hours trading as investors brace for the numbers.
News
Disney (DIS) slipped 1.29% after hours as Wells Fargo argued the company should exit streaming and focus on content, saying the stock could jump 40%. Meanwhile, "The Mandalorian & Grogu" hit digital platforms after a disappointing box office run.
News
The GENIUS Act’s one-year anniversary passed without final rules, putting USDT on a two-year clock to comply or exit the U.S. market. Meanwhile, stablecoin on-chain volumes have surpassed the ACH network, and Coinbase shares jumped 3.68%.
News
GameStop has doubled its eBay stake to 9.8% after CEO Ryan Cohen’s initial $93-a-share offer was rejected. The video-game retailer is now weighing a direct appeal to shareholders.
Academy
What is the P/B ratio? Plain-English explanation of calculation, applicable industries, and common misconceptions. Why banks love P/B and tech stocks don't—all in one article.
News
Elon Musk called a report of a $52B SpaceX AI server deal with Foxconn “fake news,” briefly lifting Dell and Super Micro before they turned lower. The episode underscores the jittery mood in AI hardware stocks.
News
The FDA reversed course on a cyclospora finding in Taylor Farms lettuce, calling it a false positive. Meanwhile, HSBC upgraded Apple, citing the company's "anti-capex" AI advantage, as Apple also filed a trade-secret lawsuit against OpenAI.