MarketWatch

Medicare is about to change a drug program that held down the cost of premiums. Here’s what to know.

Experts say this could mean that more seniors will switch to Medicare Advantage plans

business  2h ago

Bloomberg Markets

Latest Oil Market News and Analysis for July 29

Oil held the bulk of a three-day decline on optimism that the US and Iran may be able to forge a diplomatic solution to end the war in the Middle East, with the conflict now in its sixth month.

business  2h ago

Bloomberg Markets

Bloom Surges After Raising Guidance as Earnings Double Estimates

Bloom Energy Corp. jumped after the fuel-cell maker posted earnings that were more than double expectations and raised full-year guidance for the second consecutive quarter, a sign of rampant demand from data centers.

business  3h ago

Bloomberg Markets

NYC Office Project Near Grand Central Lands $1.2 Billion Loan

BXP Inc. has secured a $1.2 billion loan to build a 46-story office tower connected to New York City’s Grand Central Terminal.

business  3h ago

MarketWatch

Bloom Energy sees sales top $1 billion as AI proves a validation moment for fuel-cell technology

Fuel-cell maker also raises its 2026 guidance for the second straight time

business  3h ago

MarketWatch

Leveraged ETFs tied to SK Hynix are getting hammered as chip wreck deepens

Volatility around the AI trade has been rough this week for bullish bets on stocks via leveraged ETFs

business  3h ago

Bloomberg Markets

BlackRock Private Credit Plans Ramp Up in Challenge to Blackstone, Apollo

With direct lending powerhouse HPS in the fold, the world’s largest asset manager is pushing past its own challenges to angle for a large slice of the industry’s future.

business  4h ago

Financial Times

World’s biggest EV battery maker pivots to AI, grids and ships

China’s CATL aims to become market leader for battery energy storage systems

business  4h ago

Financial Times

Fifa faces fierce backlash over plans for $20bn commercial stake sale

UK prime minister joins chorus of criticism as football’s governing body holds talks with Trump-linked investment vehicle

business  4h ago

Bloomberg Markets

Ford Cashes In on Sales of High-Margin SUVs

Ford Motor Co. posted earnings ahead of Wall Street estimates and raised its outlook for the second time this year on higher prices and strong sales of high-margin sport-utility vehicles. Erin Keating, Cox automotive executive analyst, says some brands are continuing to cater to customers that want mid-size SUVs, but in the US, there are plenty of buyers for more expensive full-size pickups and SUVs. She speaks on "Bloomberg The Close." (Source: Bloomberg)

business  4h ago

MarketWatch

Nasdaq-100 is on the edge of correction territory as semiconductor stocks take another beating

Just weeks after driving major indexes such as the S&P 500 and Nasdaq Composite to record highs, semiconductor stocks are taking a beating once again.

business  4h ago

MarketWatch

Space stocks are falling hard — but SpaceX doesn’t deserve all of the blame

Investors are getting concerned that we may be near a period of “peak” defense spending, especially if control over Congress becomes divided.

business  4h ago

NY Times Business

Ross Douthat Joins ‘60 Minutes’ as a Correspondent

Mr. Douthat, an opinion columnist at The New York Times, will join the CBS News program, along with several other journalists.

business  4h ago

MarketWatch

Microsoft is making a $190 billion AI gamble — and investors will soon see if it’s paying off

Wednesday’s earnings report will offer a read on whether Microsoft’s aggressive AI buildout is delivering appropriate returns

business  4h ago

NY Times Business

Writers Guild Withdraws Support From Film Festival Over A.I.

Urbanworld, a New York event, has added a section for movies made with A.I. tools. The union was a sponsor but has been outspoken on the dangers of A.I.

business  4h ago

MarketWatch

Ford matches GM in one crucial way, and the stock jumps

Ford leans on pickup trucks and other traditionally powered vehicles to limit sales decline.

business  4h ago

Bloomberg Markets

UPS CEO Says the Amazon Glide Down Is 'Behind Us'

United Parcel Service CEO Carol Tomé says the Amazon glide down "is behind us." The shipping company has been delivering fewer low-margin packages for Amazon. UPS shares fell after its outlook for volume and profit margins underwhelmed investors. Tomé speaks on "Bloomberg The Close." (Source: Bloomberg)

business  4h ago

MarketWatch

My stepdad is dying from cancer. How can I help my mom find out if she’ll get his assets?

“My worry is that one of his kids from his other marriage or one of his siblings will pop up and say they deserve his assets.”

business  4h ago

Bloomberg Markets

‘Debt Can Be a Real Issue’ for CoreWeave, Says Damodaran

NYU Stern Kerschner Family Chair in Finance Education Aswath Damodaran discusses the AI investment cycle and says smaller companies like CoreWeave are in ‘danger territory’ when it comes to debt, but does not see a concern for larger companies. He speaks with Emily Graffeo and Romaine Bostick on ‘The Close.’ (Source: Bloomberg)

business  4h ago

MarketWatch

Saudi Arabia has a new, and pricier, workaround to export its oil

Loadings at a Mediterranean port have picked up as Saudi Arabia races to offer its oil to buyers through a lengthier — and more expensive — backdoor.

business  4h ago