The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios.
Category: Business
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US job growth falls far short of estimates in June; unemployment rate unexpectedly dips to 4.2%
Job growth was 57,000. Analysts foresaw job growth of 113,000; prediction markets were more optimistic, looking for job growth above 125,000 but below 150,000.
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Meta surges on report it’s starting a cloud business to sell excess AI compute
The story of the hyperscalers in 2026 has largely been “the beatings will continue until the cash flow outlook improves;” this could help change the story for Meta. Or not.
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Nike sinks to lowest level since 2014 after warning of “challenged” sales environment in Q4 report
The athletic apparel company reported its first quarter earnings on Tuesday.
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Rocket Lab deal lifts space stocks
Rocket Lab’s management called the purchase “a shortcut” for its satellite communications business.
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Hollywood may have its best year at the box office since 2019, but streaming audiences are still obsessed with old content
Viewers are opting for catalog content over new shows and movies across (pretty much) every major streamer.
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Comcast shares rise on news of NBCUniversal spinoff deal
Comcast (CMCSA) rose on the news that the telecom behemoth is spinning off NBCUniversal and Sky from its cable portfolio. Comcast initially jumped up to 17% in early trading, with the deal leaving management…
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America’s young would-be homebuyers can’t afford to wait much longer for the housing bill
The gap between median home prices and under-40s’ wages has never been wider.
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Blackberry managed to build a real business out of its memestock boom
Its not your daddy’s BlackBerry.
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Prime Day is here again and Amazon’s subscription service has never been more popular
More than 200 million Americans now use prime, per the latest estimates.
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What Wall Street’s looking for from Micron’s Q3 earnings report
A year ago, Micron’s monthly volumes on Robinhood were about 6% of Nvidia’s. Now, they’re running more than double that of the AI chip leader.
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Wendy’s spikes on heightened attention from Reddit’s retail traders
From flipping burgers to being flipped by retail traders.