BUSINESS

SpaceX shares rose nearly 6% as investors await the company's first earnings report as a public entity, amidst concerns over insider share sales and ongoing financial losses.

U.S. stocks hit record highs as strong corporate earnings and easing Middle East tensions boost investor confidence. Key players like Caterpillar and Palantir lead the rally, while oil prices decline.

Google has released a teaser for the Pixel 11 Pro Fold, offering a limited look at its design ahead of the August 12 launch, amid rising cost concerns.

Google is set to allow pre-orders for the Pixel 11 series hours before its official launch, with countdowns appearing on major retail sites. This marks a significant shift in launch strategy.

Microsoft's Disc-to-Digital program for Xbox may launch soon, allowing players to convert physical discs into digital licenses, as the gaming industry shifts towards digital media.

Elon Musk addresses investors as SpaceX's stock drops nearly 50% since its IPO. The company's financials, Starlink growth, and upcoming lock-up expiration are key focus areas for stakeholders.

The Powerball jackpot has reached $748 million, prompting financial advisors to offer crucial advice for potential winners on securing their ticket, choosing payout options, and managing sudden wealth.

Megaport Ltd's shares rose 6.58% amid a tech rally, driven by AI infrastructure expansion and major contract wins, positioning the company as a key player in cloud connectivity.

Australian shares surged with the S&P/ASX 200 nearing its record high, driven by Wall Street gains and falling oil prices amid easing US-Iran tensions.

Baidu's shares rose nearly 4% as investors focused on its AI-driven growth, dual-listing plans, and upcoming earnings. The company's AI business now accounts for over half of its revenue.

Alibaba Group Holding Ltd. shares rose more than 5% in U.S. trading Monday after the Chinese technology company unveiled its latest and most capable artificial intelligence model, reinforcing its position in the intensifying domestic and global AI competition.

Oracle's shares rose nearly 6% amid a tech rally, driven by AI and cloud growth. The company reported record revenues and expanded its partnership with Google Cloud, boosting investor confidence.

In 2026, global real estate leaders like CBRE and China Resources Land dominate with strategic growth in logistics, data centers, and residential markets, leveraging scale and technology for competitive advantage.

NVIDIA shares rose nearly 3% as investors anticipate strong AI infrastructure demand and upcoming earnings report. The company remains a leader in AI systems, with robust revenue growth and strategic advancements.

Krystal Biotech's Q2 results show strong revenue growth and profitability, but investor concerns over growth pace and international expansion led to a stock decline. The company remains focused on expanding its gene therapy pipeline.

GameStop's $1.4 billion debt-for-equity exchange raises dilution concerns as it pursues eBay acquisition, highlighting strategic ambitions amid evolving retail dynamics.

Sportradar's shares fell 16% after reporting a Q2 net loss, despite revenue growth and strategic partnerships. The company revised its full-year outlook, reflecting tempered growth expectations.

Nebius Group's shares surged as it announced a $1 billion AI cloud contract and activated Nvidia hardware, reinforcing its position in the AI infrastructure sector with significant revenue growth.

CoreWeave partners with Leidos to deliver secure AI cloud services to U.S. defense and intelligence agencies, aiming to expand its market beyond commercial AI customers into government sectors.

CNH Industrial's shares rose over 15% following strong Q2 results that exceeded expectations, leading to an upgraded full-year earnings outlook. The company highlighted disciplined execution and strategic investments.

Atkore Inc. shares surged after agreeing to a $3.8 billion acquisition by Prysmian S.p.A., alongside reporting strong third-quarter results. The deal enhances Prysmian's North American presence and product offerings.

Kraken Robotics' shares rose over 9% following its largest acquisition, boosting its scale and order momentum. The company updated its financial guidance, reflecting significant growth and integration progress.

Microsoft's shares surged over 5% following strong fiscal results, driven by cloud and AI demand. Azure revenue surpassed $100 billion, boosting investor confidence and marking a significant market impact.

Boeing shares rose 4.36% after BNP Paribas Exane upgraded its rating from Underperform to Outperform, reflecting confidence in Boeing's recovery despite recent financial challenges.

SpaceX shares rise as investors anticipate the company's first public earnings report, focusing on Starlink growth, AI ventures, and government contracts amid stock volatility and high growth expectations.

Samsung's Galaxy Z Fold 8 launches ahead of Apple's first foldable iPhone, sparking debate over design, pricing, and market positioning. Analysts question if Apple can challenge Samsung's foldable dominance.

Chime Financial's stock rose over 4% as it announced a 10% workforce reduction and product expansion, aiming for efficiency and growth ahead of its second-quarter earnings report.

Webtoon Entertainment's stock rose 3.07% as it attempts recovery ahead of its Q2 earnings report. Analysts offer mixed ratings, with potential upside of 36% from current levels.

GameStop announces a $1.4 billion convertible notes exchange to reduce debt, increasing shares and impacting market dynamics. The move aligns with strategic shifts under CEO Ryan Cohen.