SoundHound sees losses outstrip revenue, though AI company beats on the top line
SoundHound, which makes voice AI technology, saw its stock pop in the regular session after the company made an acquisition announcement. Source link...
MARKET
‘Elon’s just a call away’: Latest twist in Boeing’s Starliner saga underlines SpaceX’s progress
After problems with Boeing’s Starliner capsule, NASA is weighing bringing astronauts Butch Wilmore and Suni Williams home aboard a SpaceX spacecraft. Source link...
Retail investors sat out this week’s wild market swings by trading fewer options
Risk aversion meant individual investors scaled back their options bets. Source link...
Paramount slashes staff, follows WBD in taking big charge on TV network business
Paramount Global on Thursday said it would slash U.S. staff and booked billions in operating losses in the second quarter, as it tries to cut costs and recalibrate the worth of its cable business following a flight from traditional TV...
Delta Air says it’ll take $380 million ‘direct’ revenue hit from CrowdStrike outage
Delta Air Lines Inc. late Thursday detailed the half-billion-dollar price tag it has put on flight cancellations and other problems caused by last month’s CrowdStrike Holdings Inc. software outage. Source link...
Unity expects some growing pains, though latest earnings clear Wall Street’s bar
The app-monetization company trimmed its full-year forecast, with its new CEO saying that “investments in fundamental product enhancements will take some time to manifest in sustainable increased performance.” Source link...
Retired and ready to invest in your health? How to pick the right workout — and save money.
Being active doesn’t have to be expensive Source link...
Fed rate-cut fervor is gripping Wall Street again. That could set markets up for another trap.
“Everyone thinks rate cuts are a magic elixir,” notes Northwestern Mutual’s Brent Schutte. Source link...
Monster Beverage says it’s been hit harder as a ‘blue-collar brand.’ It plans to raise prices anyway.
Monster Beverage Corp. was one of the S&P 500’s biggest laggards on Thursday after the energy-drink maker’s quarterly results, reported Wednesday, spooked investors. Source link...
Tips for investors considering ‘buffer’ ETFs to protect against stock-market selloffs
Recent volatility in the U.S. stock market has put “buffer” ETFs back in the spotlight, as investors flocked into these funds in the hope that they could limit their downside risk and help navigate stormy conditions. Source link...
