Coatue’s Hedge Fund Returns 24.5% This Year as AI Stocks Rally
Coatue Management's hedge fund has returned 24.5% this year after a 4.7% gain in June, riding a rally in AI-linked...
Stock News
Latest stock market news — earnings reports, S&P 500, Nasdaq, major tech stocks and global equities. Expert analysis updated throughout the trading day.
Only Alphabet Beat the S&P 500 Among the Magnificent Seven in the First Half of 2026
Only one "Magnificent Seven" stock beat the S&P 500 through the first half of 2026: Alphabet, up around 13%. Apple...
Apple spent $853 billion on buybacks since 2013 instead of buying rival companies
Apple has spent $853 billion buying back its own stock since 2013 — enough to have purchased nearly any of...
Wolfe cuts Microsoft price target to $525 on higher AI capex estimates
Wolfe Research cut its price target on Microsoft to $525 from $570, blaming surging memory prices that pushed its fiscal...
Microsoft cuts 4,800 jobs as Xbox loses a fifth of its staff and four studios are spun off
Microsoft is eliminating 4,800 jobs, about 2.1% of its workforce, with the Xbox unit losing roughly a fifth of its...
