Banking results for October 2026: live updates
Oura IPO raises questions about Wall Street prospects Tom Hale, CEO of Oura Health Oy, wears an Oura ring during an interview in San Francisco, California, United States, Friday, June 14, 2024. David Paul Morris | Bloomberg | Getty Images The boom in…
Micron Stocks, SK Hynix, Samsung Electronics, ASML: Tech Stocks Fall
Samuel Boivin | Nuphoto | Getty Images Technology stocks fell Tuesday, extending a selloff sparked by concerns over funding for artificial intelligence and intensifying competition. Memory chip giant Micron was down about 3% in U.S. premarket trading,…
Elon Musk just figured out why chip stocks like Micron and Sandisk are being tapped following some surprising news out of China.
Hot chip stocks like Micron (UM) and Sandisk (SNDK) are going for the chin from the start this week. Ask the world’s richest person, Elon Musk, and he’ll probably tell you the selloff is just beginning. “When China succeeds in…
Micron stock falls on news of denser CXMT memory chip in China
Investors have been watching CXMT as a potential disruptor in the memory market. When CXMT debuted on the stock market in July, its shares soared 466%, bringing the company’s market capitalization to just under $500 billion, according to…
Mercedes-Benz recalls more than 30,000 cars due to brake line problem
October 12, 2026, 6:18 p.m. ET Mercedes-Benz is recalling more than 30,000 vehicles due to a brake line problem that could increase the driver’s risk of a crash, according to a recent advisory posted to the National Highway Traffic Safety…
IonQ stock falls on $1.3 billion Elisity deal as quantum acquisition spree continues
Continuing its acquisition spree, quantum computing company IonQ (IONQ) announced Monday that it has agreed to buy Elisity, a cybersecurity company, for approximately $1.3 billion. IonQ stock fell amid the all-stock deal, which will dilute existing…
Starlink gets a key upgrade to start competing with T-Mobile and AT&T
Cheng Xin/Getty Images Satellite communications company SpaceX aims to provide high-speed mobile access to all Americans, no matter where they are. With Starlink Mobile, the world’s largest satellite-to-mobile constellation, the company is one step…
The biggest micron bull on Wall Street has just raised its target again. The stock now sees almost triple
Micron Technology Inc. (NASDAQ: MU) trades at about 6 times forward earnings, the kind multiple investors are offering memory makers that they expect to soon reach their peak. DA Davidson analyst Gil Luria thinks that’s a mistake. On October 7, he…
Anthropic’s Claude AI Submitted False Murder Information to Philadelphia Police
Anthropic said the review found no “incidents of similar severity to the cybersecurity incidents we reported this summer.” The review then moved on to transcripts from “low risk” testing scenarios like the one affecting the Philadelphia Police…
China gives Visa green light for local clearing organization after years of waiting
The People’s Bank of China on Tuesday agreed to Visa preparing to establish a locally registered bank card clearing organization, calling the move a major step in the country’s financial opening-up in an online statement. The US card payment…