Latest News
SAVE Loan Program Exit to Shift $9 Billion Annually from Consumers
The end of the SAVE student loan program will redirect $9 billion annually in consumer funds as 7.5 million borrowers restart payments. Nelnet, Sallie Mae, and SoFi are key players.
Open-Weight AI Coalition Grows 40% Ahead of Key Earnings for Nvidia, Microsoft, Meta
The open-weight AI alliance expands by 40% as Microsoft, Meta, and Nvidia approach earnings. The coalition now includes 35 signatories, highlighting industry support for open models over sweeping restrictions.
NYSE Issues New Compliance Alert to Chegg After Brief Recovery
Chegg faces a fresh NYSE warning as its stock price remains below $1, needing a $1.21 average by July 31. Shares rose 17% to $0.9619.
Wall Street Slips Again as AI Earnings Fail to Impress; Fed Decision Looms
U.S. stocks declined for a second consecutive week as investors sold off AI-related shares despite strong earnings, with the Magnificent Seven losing $787 billion in a single session.
Containerboard Price Hike Lifts International Paper and Peers
International Paper shares jumped 11.2% on Friday, driven by analyst expectations of a containerboard price increase that could lift Q3 results.
Paramount Skydance Faces $210M Monthly Deadline After Court Block
PSKY dropped to $8.21 after a court blocked its WBD acquisition, with costs accumulating at $7 million per day past September 30, potentially reaching $1.7 billion.
SpaceX Flight 13 Launches But Fails to Boost Starlink Capacity
SpaceX's Starship Flight 13 launched on July 24, 2026, but the 20 V3 Starlink demonstration satellites are on a suborbital trajectory and will not add capacity.
AmEx Shares Drop 4.3% as Expense Growth Eats Into Revenue Gains
AmEx shares fell 4.3% as Q2 revenue rose 10% but expenses climbed 12%, eating up 89% of the gain. The company raised its 2026 revenue outlook but kept EPS guidance steady.
