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The Latest Breaking News on Business

GLP-1 Sales Continue to Lift Eli Lilly. Does That Make LLY Stock a Buy?

Eli Lilly stock rallies as GLP-1 sales drive a 56% year-on-year increase in Q1 revenue. Jim Cramer recommends buying LLY shares as the weight-loss addressable market is truly huge.

Rivian Boosts Initial Georgia Plant Capacity To 300,000 Units

Rivian Boosts Initial Georgia Plant Capacity To 300,000 Units

The EV startup said production at its new factory is still on track to begin in 2028. Rivian will build vehicles on its midsized platform there.

Google, Microsoft, Meta, and Amazon capex spending to hit $725 billion in 2026, up 77% from last year — analyst says bear thesis is 'garbage'

Google, Microsoft, Meta, and Amazon capex spending to hit $725 billion in 2026, up 77% from last year — analyst says bear thesis is 'garbage'

Google, Amazon, Microsoft, and Meta collectively plan to spend $725 billion on capex in 2026, up 77% from last year's record $410 billion.

Tom’s Hardware

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Apple beats out earnings estimates with continued iPhone momentum

Apple has posted strong quarterly earnings, beating out Wall Street expectations

The Independent UK

Exploding number of AI data center build-outs delay Texas housing projects — data centers' high demand for electricians prices out contractors, homes now take two months longer to complete

Housing construction projects in Texas are facing delays of up to two months as contractors are having a harder time finding and keeping electricians. Data center projects are pricing out housing projects from the labor force as they offer 75% higher salaries and more benefits.

Tom’s Hardware

Do Wall Street Analysts Like Kraft Heinz Stock?

Kraft Heinz has notably underperformed the broader market over the past year, and Wall Street analysts maintain a cautious outlook about the stock’s prospects.

Microsoft forced to up AI spending by $25 billion to cover hardware price rises — says it 'remains confident in the return on these investments'

Microsoft expects a $190 billion capex in fiscal 2026, but around $25 billion of that is believed to come from rising costs.

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Invitation Homes Stock Outlook: Is Wall Street Bullish or Bearish?

Invitation Homes Stock Outlook: Is Wall Street Bullish or Bearish?

Invitation Homes has considerably lagged the broader market over the past year, yet Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.

New Xbox head Asha Sharma says "we know we have work to do" as quarterly hardware sales sink another 33%

New Xbox head Asha Sharma says "we know we have work to do" as quarterly hardware sales sink another 33%

Game Pass isn't looking so hot at the moment either

Delta Air Lines Stock Outlook: Is Wall Street Bullish or Bearish?

Delta Air Lines Stock Outlook: Is Wall Street Bullish or Bearish?

Delta Air Lines has outperformed the broader market over the past year, and analysts are highly optimistic about the stock’s prospects.

Are Wall Street Analysts Bullish on APA Corporation Stock?

Are Wall Street Analysts Bullish on APA Corporation Stock?

APA Corporation has considerably outperformed the broader market over the past year, but analysts are cautious about the stock’s prospects.

Microsoft predicts memory crisis will affect its revenue as struggling OEMs won't be as liberal with Windows spending

Microsoft predicts memory crisis will affect its revenue as struggling OEMs won't be as liberal with Windows spending

Reaping what it sows in the AI era, perhaps.

Is Wall Street Bullish or Bearish on United Airlines Stock?

Is Wall Street Bullish or Bearish on United Airlines Stock?

United Airlines has outperformed the broader market over the past year, and analysts remain highly optimistic about the stock’s prospects.

GM just boosted its U.S. manufacturing spend to $6 billion in one year—and it may be returning to the idea that made it great

GM just boosted its U.S. manufacturing spend to $6 billion in one year—and it may be returning to the idea that made it great

GM used to say, “A car for every purse and purpose.” Now, SVP Mike Trevorrow tells Fortune, “we have a wide variety of vehicles for everyone.”

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What Are Wall Street Analysts' Target Price for JPMorgan Chase Stock?

JPMorgan Chase has lagged the broader market over the past year, though analysts maintain a cautiously optimistic outlook on its forward performance.

Are Wall Street Analysts Bullish on Cognizant Stock?

Cognizant has underperformed the broader market over the past year, and analysts remain cautiously optimistic about the stock’s prospects.

International Business Times

Bipartisan Bill Targets Chinese-Made Vehicles And Connected Auto Technology In U.S. Market

A bipartisan bill is seeking to block imports of Chinese cars, parts, and software over national security concerns, escalating Washington's push to restrict foreign-linked connected vehicle systems amid rising global EV competition.

Apollo Global Stock: Analyst Estimates & Ratings

While Apollo Global has trailed the broader market over the past year, analysts are fairly upbeat about its future outlook.

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The Independent UK

Average US long-term mortgage rate rises to 6.3%, ending a 3-week slide

The average long-term U.S. mortgage rate rose this week, pushing up borrowing costs for prospective homebuyers in the midst of the spring homebuying season

What Are Wall Street Analysts' Target Price for Walt Disney Stock?

Walt Disney has lagged behind the broader market over the past year, yet analysts remain highly optimistic about the stock’s prospects.

International Business Times

Meta Stock Slides As JPMorgan Downgrade Highlights Mounting AI Spending Risks

Meta Platforms is facing fresh skepticism on Wall Street after a major downgrade flagged concerns over the company's ability to generate meaningful returns from its escalating artificial intelligence investments.

The Independent UK

Housing market panic subsides as new listings rise 8.7 percent month-on-month

Despite no end in sight for Iran war and pessimism about consumer finances, home listings stayed strong in April

Boston Scientific Stock: Is Wall Street Bullish or Bearish?

Boston Scientific has lagged behind the broader market over the past year, yet analysts remain highly bullish about the stock’s prospects.

International Business Times

U.S. Economy Expands By 2% In First Quarter But Iran War Muddies The Outlook

The U.S. economy expanded by 2% in the first quarter of the year, rebounding after the last three months of last year's 0.5% increase.

The Independent UK

FedEx and UPS announce plans to give tariff refunds to customers. Here is how to get your money back

The first of the government’s payments are expected in early May, but it will likely take longer for companies to get refunds

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