Drug trials fail all the time. What is rare is a failure that costs a company tens of billions of dollars in a single afternoon. That is what happened to AstraZeneca (AZN) on July 9. One setback wiped out more market value than the stock had lost on any day in years. For investors, the […]

Oracle’s stock performance from the 1980s pushed the tech giant to split its shares. Its fortunes rose and fell during the dot-com era, and then picked up again in recent years with the popularity of artificial intelligence.  Here’s how many times Oracle — whose foundational business was database software management before expanding into cloud computing

A major pizza chain is preparing to close dozens of restaurants once again as its parent company works to eliminate underperforming locations following what executives describe as a “challenging period” for the business. The restructuring is part of a broader effort to improve the performance of its corporate-owned restaurants, with the first shutdowns expected to

David Ellison spent eight months persuading Washington that buying Warner Bros. Discovery would strengthen competition in Hollywood, and it worked.  The Justice Department closed its antitrust review in June and cleared the deal. However, things have taken an unexpected turn. A group of state attorneys general, led by California, is finalizing an antitrust lawsuit that

Lam Research has quietly become one of the biggest winners of the AI buildout, and Wall Street has noticed. The chip equipment maker reports fiscal fourth-quarter earnings on July 29, 2026, and analysts are already lining up with a hard-to-miss message. That message comes straight from the people who regularly talk to Lam Research’s customers,

As recently as February 2026, the company was out there signing deals. A new power purchase agreement with Hankook Tire. Existing contracts with Nestle, Cargill, Mars, and Auchan. A solar pipeline of over a gigawatt under construction in Poland. Nobody looking at it from the outside would have seen what was coming. Three months later

It seems that the line between bank and fintech company is increasingly blurring. When I first started out as a reporter, fintech was all the rage. It was the new generation of finance that was going to completely change the banking world. Well, it seems now that things have gone backward, as fintech companies are

Cathie Wood, CEO of Ark Investment Management, is known for investing in high-growth tech companies. She’ll even add to positions amid strong gains, and that’s what she just did, adding shares of a megacap stock that has surged 14.8% over the past five days. In 2025, the flagship Ark Innovation ETF gained 35.49%, far outpacing

If you thought gasoline prices were moving higher this week, you’d be right. But why there were upward pressures on prices may surprise you. It’s true that prices in the United States had fallen about 17% to under $3.80 nationally from their mid-May peaks into the Fourth of July holiday, and the big reason for

The year 2026 wasn’t supposed to be like this for OpenAI. The company was finally set to go public after years of waiting amid an AI boom that was only going to accelerate as the technology matured, placing the most popular AI company at the forefront of a global revolution. But it hasn’t quite happened