Some of Wall Street’s fastest-growing companies are turning expansion into something more tangible: cash. Nvidia, Micron Technology, CrowdStrike and Palo Alto Networks have each reported sharp increases in operating or free cash flow while management or analysts lifted profit forecasts. That combination provides stronger confirmation than an earnings beat alone because cash is available for
Wall Street’s biggest banks are proving that even geopolitical uncertainty and volatile markets can be highly profitable when trading desks stay busy and artificial intelligence fuels an unprecedented wave of capital raising. The six largest US banks generated a combined $55 billion in second-quarter profits, comfortably exceeding analysts’ expectations as market volatility, record AI-related fundraising
Andy Burnham will enter Downing Street on Monday with a promise that has eluded successive British prime ministers for more than a decade: reviving economic growth. But unlike his predecessors, Burnham is betting that the answer does not lie in Whitehall. Instead, the incoming Labour leader is proposing a sweeping transfer of power to Britain’s
As the second-quarter earnings season of 2026 approaches its most critical stretch, the global equity market finds itself at a pivotal crossroads. For over two years, a relentless, AI-driven bull run has propelled mega-cap technology valuations to historically elevated levels. However, the narrative on trading desks has undergone a fundamental shift. The era of rewarding
Stellar (XLM) is trying to stabilize after a volatile week that saw the token come under pressure alongside the broader cryptocurrency market. XLM was trading at $0.1834, down 3% over the past 24 hours, while extending its weekly decline to 4.3%. Despite the recent weakness, traders are watching a developing golden cross and an upcoming
Apple (AAPL) reclaimed its position as the world’s most valuable publicly traded company on Friday after its market capitalization surpassed Nvidia’s. Apple shares climbed to an all-time high of $334.99, lifting the company’s market value to approximately $4.88 trillion. Nvidia shares fell more than 3% in early trading, reducing the AI chipmaker’s market capitalization to
Netflix NFLX shares tumbled on Friday after the streaming giant delivered mixed second-quarter results and announced plans to provide less frequent disclosure of viewer engagement data. This has increased concerns among investors who were already worried about slowing growth and rising competition. The stock fell 8% on Friday, extending its decline for 2026. Shares had
SpaceX (SPCX) stock is tumbling further this morning after the firm’s 13th Starship test flight was aborted right before liftoff as several engines failed to start properly. The development adds fuel to the bearish fire that has already assembled a $25 billion wall against billionaire Elon Musk’s space infrastructure and artificial intelligence (AI) behemoth. As
Alphabet shares fell on Friday, extending losses from the previous session after a report suggested Google’s flagship Gemini 3.5 Pro artificial intelligence model is running behind schedule. Alphabet GOOGL stock declined about 2% on Friday after falling roughly 4% on Thursday following the report. The weakness came despite continued bullish views from several Wall Street
Meta Platforms (META) shares are in the spotlight on July 17th following reports that the tech giant is in preliminary discussions to lease out its computing infrastructure to AI research lab Anthropic. The blockbuster deal rumoured to be worth up to $10 billion arrives at a time when Meta sits firmly above its major moving