Month: July 2025
AstraZeneca CEO doubles down on U.S. amid rumors of listing shift
A view of the AstraZeneca office in Mölndal, Sweden, on September 12, 2024. Nurphoto | Getty Images AstraZeneca CEO Pascal Soriot on Tuesday reiterated the pharmaceutical firm’s commitment to the U.S. market amid reports that he is considering shifting its listing stateside. Soriot said the U.K.-listed company had many reasons to be in the U.S., […]
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Cash App opens up to Apple Pay and Google Pay for the first time
Cash App’s new Pools feature lets users set a group funding goal, name the pool, and invite contributors. Courtesy: Cash App Cash App is going on the offensive in peer-to-peer payments. The Block-owned payments platform on Tuesday unveiled Pools, a new peer-to-peer feature designed to make group payments simple. It’s the company’s first major P2P […]
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Stellantis reinstates guidance but flags ‘tough decisions’ after $1.7 billion tariff impact
A new Jeep Wrangler 4-Door Sahara 4×4 vehicle displayed for sale at a Stellantis NV dealership in Miami, Florida, US, on Saturday, April 5, 2025. Eva Marie Uzcategui | Bloomberg | Getty Images Auto giant Stellantis on Tuesday reinstated its financial guidance and touted a gradual recovery over the coming months. Stellantis, which owns household […]
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Starbucks doubles down on hospitality with ‘Green Apron Service’ strategy
As companies lean into value offerings and buzzy beverages to lure price-sensitive consumers, Starbucks is doubling down on its plans to get back to basics by leaning into hospitality at its cafes. The coffee giant aims to stand out on guest experience in a cutthroat consumer environment as it tries to boost lackluster sales. Last […]
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Apple opens manufacturing academy in Detroit as Trump ramps up pressure to invest in U.S.
US President Donald Trump (R) and Apple CEO Tim Cook (2nd L), with Senior Advisor to the President Ivanka Trump (L) and Treasury Secretary Steven Mnuchin, tour the Flextronics computer manufacturing facility where Apple’s Mac Pros are assembled in Austin, Texas, on November 20, 2019. Mandel Ngan | AFP | Getty Images Faced with intensifying […]
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Stocks making the biggest moves premarket: Novo Nordisk, Whirlpool, Sarepta Therapeutics and more
Check out the companies making headlines before the bell. Chart Industries — Shares of the gas equipment manufacturer surged 16% after it agreed to be acquired by Baker Hughes for $13.6 billion. Chart Industries had previously been in merger talks with power equipment supplier Flowserve , which was last up 8%. Baker Hughes shares fell […]
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Spotify stock falls on revenue miss, lackluster guidance
Thomas Fuller | Lightrocket | Getty Images Spotify shares dropped about 5% before the bellTuesday after the music streaming platform fell short of Wall Street’s expectations and posted weak guidance for the current quarter. Here’s how the company did versus LSEG estimates: Loss: Loss of .42 euros vs earnings of 1.90 euros per share expected […]
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Meta’s AI spending spree is Wall Street’s focus in second-quarter earnings
Over the years, Meta has built a reputation for using rivals’ innovations to bolster its technology. But its decision to copy a Chinese artificial intelligence lab in 2025 in an effort to compete with OpenAI backfired, forcing the company to overhaul its AI strategy. In a rush to mimic the techniques developed by Chinese startup […]
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Rare earths are China’s bargaining chip in the trade war — the U.S. is trying to fix that
Rare earths refer to 17 elements on the periodic table whose atomic structure gives them special magnetic properties. They’re also the most important bargaining chip in the U.S. and China trade war. That’s because these rare earth magnets power everything from electric vehicles and wind turbines to defense equipment, data centers and high-tech consumer electronics. […]
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Procter & Gamble beats estimates but warns tariffs will start to weigh on earnings
In this photo illustration, Procter and Gamble products Pepto Bismol and Charmin toilet paper are displayed on June 05, 2025 in San Anselmo, California. Justin Sullivan | Getty Images Procter & Gamble on Tuesday reported quarterly results that beat Wall Street’s expectations, but introduced fiscal year 2026 guidance that included a $1 billion hit due […]
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