Market News

Grok 4.6 Matches the Frontier Models at a 60% Discount. Now SpaceX Has the Developers to Use It.

Key Points SpaceX’s purchase of Cursor marks its arrival as a serious contender in the software development arena. Grok 4.6 is the first xAI model to rank alongside the best from OpenAI and Anthropic on key benchmarks. SpaceX’s cost advantage comes from owning its computing …

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Crypto Market Update: Bitcoin Price Resilient Amid Market Headwinds

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Here’s a quick recap of the crypto landscape for Monday (August 17) as of 10:00 p.m. UTC. Bitcoin price update Bitcoin (BTC) was priced at US$64,260.59, up by …

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Netflix Stock Is Down Nearly 40%. What’s Going On?

Key Points Netflix’s business hasn’t fallen nearly as much as its stock. Investors want proof that Netflix can keep growing at high rates. Advertising could be the defining factor. 10 stocks we like better than Netflix › Netflix (NASDAQ: NFLX) has become one of the …

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Is Colgate Stock a Buy as Growth Improves but Valuation Stays Rich?

Colgate-Palmolive Company CL enters the second half of 2026 with better operating momentum. Volumes are improving, margins have held up better than expected and management lifted its Base Business earnings outlook. The restraint is valuation. CL still trades above its sub-industry, sector and the broader …

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Group 1 Q2 Earnings Miss Estimates on Lower Vehicle Volumes

Group 1 Automotive, Inc. GPI reported second-quarter 2026 adjusted earnings of $9.61 per share, which declined 16.6% year over year and missed the Zacks Consensus Estimate of $10.79 by 10.9%. Revenues declined 5.6% to $5.39 billion and missed the consensus mark of $5.65 billion by …

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Alibaba to Sell Lingxi Games as AI Focus Intensifies: Hold the Stock?

Alibaba Group BABA is parting ways with its gaming business as it sharpens its bet on artificial intelligence (AI). Asian private equity firm Trustar Capital has reached an agreement to acquire Lingxi Games, the studio behind Three Kingdoms: Strategy Edition, in a deal that could …

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Dana Stock Rises 10% Despite Q2 Earnings Miss Expectations

Dana Incorporated DAN shares rose 10% since it reported second-quarter 2026 results. It posted adjusted earnings of 19 cents per share in the quarter, which increased 280% from 5 cents a year ago but missed the Zacks Consensus Estimate of 64 cents by 70.3%. Revenues …

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Crypto Market Update: Bitcoin Rallies as Trump Backs CLARITY Act

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Here’s a quick recap of the crypto landscape for Friday (August 21) as of 10:00 a.m. UTC. Bitcoin price update Bitcoin (BTC) was priced at US$77,864.10, up by …

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Tim Cook’s Final Earnings Call as Apple CEO Came the Same Week Apple Hit a $5 Trillion Market Cap. Here’s What Investors Should Watch Under His Successor.

Key Points John Ternus, the company’s hardware chief, likely understands just how critical it is to Apple’s success to continue leaning into the iPhone’s popularity. Known in the past for sizable share repurchases, the company’s capital allocation policy could start to favor more aggressive growth-oriented …

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4 Stocks That Could Profit From SpaceX’s Biggest Problem

Listen to the audio version of this article (generated by AI). Editor’s Note:Of all the news from this earnings season, SpaceX’s first report as a public company was one of the most anticipated we’ve seen in a while. And while the media focused on billions …

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