Stock futures are flat as the market awaits Fed’s Jackson Hole summit, retail earnings: Live updates

Stock futures are flat as the market awaits Fed’s Jackson Hole summit, retail earnings: Live updates


SoftBank will invest $2 billion into Intel, chipmaker’s shares rise

Japanese conglomerate SoftBank will invest $2 billion into Intel, according to an announcement from the two companies.

SoftBank will pay $23 per share of Intel’s common stock. The chipmaker’s shares ended Monday’s regular session at $23.66. Intel jumped more than 5% in extended trading.

Stock Chart IconStock chart icon

hide content

Intel shares over the past day

Meta Platforms sees largest increase in short interest of any U.S. stock this year, S3 says

Meta Platforms, which dropped 2.3% on Monday, has seen the largest increase in short interest of any U.S. stock this year, according to S3 Partners, which specializes in tracking the activity of short sellers, who try and profit from a decline in a company’s stock price.

Meta’s notional short interest has soared 75%, or $11 billion, so far in 2025, S3 said in a note Monday. The amount of Meta’s shares sold short as a percentage of the total outstanding has jumped 38% in recent weeks, and 35% so far in 2025, the researcher said.

The second-largest increase in year-to-date notional short interest was in Palantir, which rose $2.8 billion, S3 said.

META’s 30% YTD stock price gain accounts for roughly half of the rise in short interest notional, with the remainder driven by new shorts. Reasons for shorting META include Heavy AI and Metaverse spending, Trade/Tariff Risks, Growth Slowdown, Higher Valuation and Weakening Ad Market,” S3 said.

— Scott Schnipper

Palo Alto Networks jumps 5% after earnings beat

Shares of Palo Alto Networks jumped more than 5% in extended trading after the chipmaker’s quarterly results topped Wall Street estimates and issued better-than-expected guidance for the first quarter and full year.

The results come weeks after Palo Alto announced plans to buy Israeli identity security provider CyberArk for $25 billion, its heftiest deal ever.

Palo Alto also said its founder and Chief Technology Officer Nir Zuk is retiring.

— Yun Li



Source

Global central bankers unite in defense of Fed Chair Jerome Powell
World

Global central bankers unite in defense of Fed Chair Jerome Powell

Jerome Powell, chairman of the U.S. Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, on Wednesday, Dec. 10, 2025. Bloomberg | Bloomberg | Getty Images Global central bankers issued a statement Tuesday defending U.S. Federal Reserve Chair Jerome Powell following the launch of a criminal investigation […]

Read More
European shares open broadly higher as geopolitics remains in focus
World

European shares open broadly higher as geopolitics remains in focus

A trader works at his desk on the floor of the New York Stock Exchange (NYSE) after the opening bell in New York on December 3, 2025. Timothy A. Clary | Afp | Getty Images LONDON — European stocks opened higher on Tuesday, as investors continued to weigh geopolitical developments in Iran, and the launching […]

Read More
Orsted jumps 6% after U.S. judge rules firm can resume wind project halted by Trump
World

Orsted jumps 6% after U.S. judge rules firm can resume wind project halted by Trump

A turbine blade is lifted onto a rack near tower sections at the Revolution Wind project assembly site at State Pier in New London, Connecticut, US, on Friday, Oct. 24, 2025. Bloomberg | Bloomberg | Getty Images Shares of Danish renewables giant Orsted rose nearly 6% on Tuesday morning, shortly after a U.S. judge cleared […]

Read More