Tesla reported strong second-quarter deliveries Thursday, blowing past Wall Street expectations as a rebound in Europe helped fuel hopes that the electric vehicle maker can return to annual growth. The Austin, Texas-based company delivered 480,126 vehicles from April through June, a record for the second quarter, up about 25% from a year earlier and well…
We just covered Avoid SpaceX and Buy These 11 Stocks Instead. Microsoft (NASDAQ:MSFT) ranks #1 (see Avoid SpaceX and Buy These 5 Stocks Instead). Number of Hedge Fund Investors: 282 Microsoft (NASDAQ:MSFT) is down 22 percent year-to-date, and Redditors believe now is the time to buy the stock instead of chasing hype like SpaceX. Bulls…
Issuer AUM ($, mm) Net Flows ($, mm) % of AUM YTD 2026 Net Flows($,M) BlackRock, Inc. 4,587,554.11 3,498.69 0.08% 304,383.92 Vanguard 4,505,927.53 6,234.59 0.14% 265,965.30 State Street 1,746,894.67 -274.15 -0.02% 26,620.09 Invesco 983,033.02 -4,133.43 -0.42% 44,907.19 Charles Schwab 581,549.77 132.20 0.02% 34,024.77 JPMorgan Chase 327,662.56 368.74 0.11% 37,722.56 Dimensional 299,310.84 387.32 0.13% 26,758.71 First…
Italy’s The Damiani Group has concluded the acquisition of Swiss watchmaker Baume & Mercier from luxury retailer Richemont. The transaction follows a January 2026 agreement for the Damiani Group to acquire 100% of Baume & Mercier in a private deal. Richemont CEO Nicolas Bos said: “The Damiani Group is uniquely positioned to realise Baume &…
Robinhood Markets (NASDAQ: $HOOD) has launched a new public blockchain as it expands its cryptocurrency offerings. The online brokerage has unveiled a public mainnet for “Robinhood Chain” as it moves further into decentralized finance (DeFi). Robinhood Chain is a Layer-2 blockchain built on Arbitrum (CRYPTO: $ARB) and designed for tokenized real-world assets and decentralized finance…
Christopher Delgado, the former CEO of Goliath Ventures, has pleaded guilty to a $400 million U.S. cryptocurrency Ponzi scheme. Delgado pled guilty to fraud and money laundering charges stemming from a bogus crypto investment scheme. He faces up to 30 years in prison and is scheduled to be sentenced on Oct. 8 of this…
This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. Dive Brief: Microsoft is spending $2.5 billion to launch a new operating business called the Microsoft Frontier Company, which will embed 6,000 engineering experts within customer operations to assist in deploying AI systems…
The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by The Fly. Top 5 Upgrades: HSBC upgraded Adobe (ADBE) to Buy from Hold with a price target of $308, up from $282. The firm thinks…
By 9:40 a.m. Eastern Time today, oil had reached $71.53 per barrel, measured using the Brent benchmark. That’s $1.15 less than it cost yesterday morning and about $1.29 above its price a year earlier. Will oil prices go up? Oil prices are inherently unpredictable. While many variables come into play, the basic push and pull…
By Akash Sriram and Abhirup Roy July 2 (Reuters) – Tesla on Thursday posted record-setting second-quarter delivery numbers that smashed past Wall Street estimates, led by a rebound in Europe, feeding hopes that in 2026 the electric vehicle maker can end its two-year streak of annual declines. Strong results from Tesla’s mainstay auto business offer…
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