Wix.Com Ltd (WIX) Stock Price Today
Simply Good Foods faces shareholder lawsuit over $280M OWYN acquisition issues and alleged misleading statements.
Simply Good Foods is under investigation and facing a securities class action lawsuit alleging that it misled investors about problems integrating OWYN, a $280 million acquisition. The company reportedly lost key personnel, faced product quality issu...
Rocket Companies stock falls 2% amid housing market weakness and rate concerns.
Rocket Companies shares dropped 2% following ongoing pressure from higher mortgage rates and weak housing market activity, remaining over 40% below their 52-week high. The company’s future depends on whether lower borrowing costs can revive mortgage ...
US 30-year Treasury yields hit highest since 2003 amid debt, inflation, and Fed concerns.
US government bond yields, especially the 30-year Treasury, have surged to their highest levels since 2003 due to rising fiscal deficits, persistent inflation above the Fed's 2% target, and record corporate bond issuance linked to AI investments. The...
Shares of AI-related power companies drop sharply amid concerns over hyperscaler capex and rising long-term yields.
Shares of companies involved in behind-the-meter power for AI infrastructure, including FTAI Aviation, GE Vernova, and Caterpillar, fell 5-6% due to market worries about the scale of AI-related capital commitments by major tech firms. A Wall Street J...
Apple sets 5% commission for third-party EU app stores under new Digital Markets Act rules
Apple announced a new commission structure for app stores in the European Union, charging third-party app stores a 5% fee on in-app purchases starting October 1. This change is part of Apple's effort to comply with the EU's Digital Markets Act, which...
Apple cuts EU app commission to 5% for apps outside App Store, easing regulatory tensions
Apple announced a simplified commission model for apps in the European Union, replacing its complex fee structure with a flat 5% commission on apps distributed outside the App Store or on the web. The new terms also lower in-app purchase fees to 26% ...
Pony AI's robotaxi revenue soars 691% YoY, signaling strong growth and real-world demand.
Pony AI Inc. is shifting from research-heavy autonomous vehicle development to a fast-growing mobility platform, driven by a 691% year-over-year increase in robotaxi revenue to $12.1 million. Paid rides surged 850%, showing strong real-world demand a...
Optics stocks plunge amid AI revenue disappointments and rising interest rates.
Optics stocks like Lumentum, Corning, and AXT fell sharply due to a risk-off sentiment triggered by lower-than-expected AI revenue figures from Anthropic and OpenAI, alongside rising long-term Treasury yields hitting multi-year highs. Despite strong ...
Walmart stock seen rising 13.8% to $130 amid strong ad and membership growth despite recent pullback.
Walmart's stock pulled back from a May high of $131.45 to around $112.53 in July but is expected to rebound. The company reported strong Q1 FY27 results with revenue growth and high-margin segments like advertising and membership fees driving optimis...
Neocloud shares fall sharply amid AI spending doubts and rising long-term interest rates.
Shares of neocloud operators like CoreWeave, Nebius Group, and TeraWulf dropped significantly due to concerns over AI spending and a sharp rise in long-term Treasury yields hitting a 19-year high. Despite strong recent revenue growth and contracts, i...
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