Finance news summaries — Page 2
Essential facts and source links for recent finance stories.
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New York lawsuit seeks to halt Polymarket over alleged unlicensed gambling
New York sued prediction platform Polymarket on Thursday, alleging it operates illegal gambling without a state gaming license. The state asked a judge to stop its operations and impose financial penalties and order consumer restitution. -
Microsoft's cash flow and Azure rise as AI spending may test dividends
Microsoft's fiscal 2026 operating cash flow rose over 34% to $182.9 billion, while Azure revenue climbed 42% to $29.42 billion in Q4. The board declared a $0.98-per-share quarterly dividend, but rising AI and data-center investment could weigh on future free cash flow. -
Ronald Spektor gets 4 to 12 years for stealing nearly $16M from Coinbase users
Ronald Spektor, 23, of Brooklyn, was sentenced to four to 12 years in prison after pleading guilty to stealing nearly $16 million from about 100 Coinbase users. He posed as a company representative and directed victims to transfer funds to wallets he controlled. -
TTM Technologies and Amphenol shares gain amid defense and AI spending
TTM Technologies shares are up more than 88% this year and Amphenol’s more than 21%. The Motley Fool says both benefit from defense modernization and AI infrastructure spending. Second-quarter revenue grew 37% at TTM and 55% at Amphenol year over year. -
Uber’s growth case spans autonomous vehicles and a possible Delivery Hero deal
Insider Monkey’s analysis says Uber’s growth case extends beyond ride-hailing, citing more than 30 autonomous-vehicle partners and a possible Delivery Hero acquisition. It also notes Q2 revenue missed analyst expectations. -
Four former Amazon workers allege pregnancy discrimination in proposed class action
Four former Amazon warehouse workers seek to represent thousands in a proposed nationwide class action alleging pregnancy discrimination. Amazon disputes their accounts, saying it approved over 99.9% of accommodation requests last year. -
Stellantis recalls 201,976 Jeeps after tire-pressure monitoring software error
Stellantis is recalling 201,976 Jeep Cherokee, Grand Cherokee, Wagoneer and Grand Wagoneer vehicles after NHTSA identified a software error in their tire-pressure monitoring systems. The vehicles will receive software updates. -
Jenny Johnson says AI has yet to meaningfully lift productivity
Franklin Templeton CEO Jenny Johnson told CNBC AI has not yet meaningfully boosted productivity, crediting recent gains to earlier digital technologies such as cloud computing. She said the payoff from AI adoption may take longer than markets expect. -
Boeing deliveries reach 418 through August, highest eight-month total since 2018
Boeing delivered 418 aircraft through August 2026, its highest eight-month total since 2018. August deliveries fell to 51 from 57 a year earlier, including four 787 Dreamliners, but a company spokesperson said Boeing still expects to deliver 90–100 Dreamliners this year. -
Walmart and Shopify integrate Meta’s Muse as Amazon blocks the AI agent
Amazon has blocked Meta’s AI agent Muse from buying products on its site, saying it violates Amazon’s terms of service. Walmart and Shopify have integrated Muse; the article argues this could help them gain market share if adoption grows. -
Trump-Xi talks point to January trade-truce extension; AI channel remains a proposal
Trump and Xi held about 90 minutes of trade and AI talks, with decisions deferred. Treasury Secretary Scott Besson said a two-month trade-truce extension would keep tariffs steady into January; China has not publicly backed an AI notification mechanism. -
Apple Watch listening tools and Meta glasses raise privacy questions
Apple’s new Watch features can provide a transcript of the previous 15 seconds and a broad daily recap, while Meta’s camera-equipped glasses can record people who may not know it. A Yahoo Finance report says the devices raise questions about consent and bystanders’ privacy. -
Motley Fool contributor flags AMD’s valuation after near-200% rally
AMD shares have climbed nearly 200% this year, but Motley Fool contributor Keithen Drury says the stock’s valuation is stretched: he puts its forward P/E at 40 using 2027 earnings estimates and expects returns to trail Nvidia and Broadcom in coming years. -
Monster Beverage gets the nod over e.l.f. Beauty in 2026 stock comparison
Motley Fool’s author favors Monster Beverage over e.l.f. Beauty for 2026, citing its scale, profits and international growth. Monster’s latest quarter topped $2.5 billion in revenue, with double-digit growth in every region; international sales are nearly half its business. -
Motley Fool picks Intuitive Machines over AST SpaceMobile for 2026
The Motley Fool's 2026 pick is Intuitive Machines over AST SpaceMobile, citing price-to-sales ratios of 1.3x and 149x, respectively. Both posted fiscal 2025 losses; the article projects Intuitive Machines' revenue at $952 million in fiscal 2026. -
Motley Fool writer urges caution on Monster Beverage shares
Motley Fool contributor Selena Maranjian urges caution on Monster Beverage: its forward P/E of 34 is above its five-year average of 31, and its price-to-sales ratio is 9.5 versus 8.4. She also cites competition, inflation and analysts’ 10% revenue-growth estimate for 2027. -
The 2027-28 FAFSA launches early with clearer language and real-time aid results
The 2027-28 FAFSA became available a week before its usual Oct. 1 release, with simpler instructions, text invitations for parents or other contributors, quicker account verification and real-time federal aid eligibility results. Filing can take as little as 15 minutes. -
Oracle’s force majeure notice raises payment questions for Project Jupiter
Bloomberg reports Oracle issued a force majeure notice for its 2.45-gigawatt Project Jupiter data-center site in New Mexico, seeking to delay payments if it is not online in 2028. Oracle says the project remains on schedule and the notice does not itself signal a delay. -
Food recalls may raise prices of grocery substitutes
Food recalls may raise prices of substitutes, with little evidence they raise prices of recalled items. FDA data show 543 food and cosmetic recalls so far in 2026, about average for previous years; more than 167,000 pounds of meat were recalled nationwide on Sept. 22. -
Bessent says US-China truce extension would last until Jan. 10, 2027
US Treasury Secretary Scott Bessent said the US and China would extend their trade truce until Jan. 10, 2027, two months beyond its November expiry. China had not confirmed; if it takes effect, current tariffs and rules would remain through 2026. -
250 Starbucks stores in the U.S. and Canada are slated to close this week
Starbucks plans 250 closures in the U.S. and Canada this week, about 1% of its North American footprint. COO Mike Grams said Starbucks sees no path to acceptable financial performance or doubts it can consistently deliver its desired customer and employee experience. -
Treasury yields reach highs last seen in 2004 and 2007; Rieder calls rise an eye-opener
The 10-year Treasury yield hit 5.12% Wednesday, its highest since 2007; the 30-year reached 5.4%, last seen in 2004. BlackRock’s Rick Rieder called the rise “not a crisis but an eye-opener.” Yields stayed elevated Thursday. -
Stitch Fix FY26 sales rose 6.4%; FY27 revenue forecast is $1.31B-$1.36B
Stitch Fix said fiscal 2026 revenue rose 6.4% to $1.35 billion, with fourth-quarter sales up 4.2% to $324.4 million. For fiscal 2027, it forecasts revenue of $1.31 billion to $1.36 billion and adjusted EBITDA of $27 million to $42 million. -
Tributary cites three factors that could lift Avnet’s profit outlook
Tributary Capital’s Multi Cap Core strategy opened a position in Avnet in Q2 2026, citing three potential profit drivers: data-center component demand, a recovery in higher-margin Farnell sales, and improving industrial, automotive and aerospace markets after destocking. -
Nvidia leads semiconductor losses as Treasury yields climb and stocks retreat
Stocks extended losses in early Thursday trading as rising bond yields raised concerns about more Federal Reserve rate hikes. The 10-year Treasury yield was near 5.10%; tech shares fell, with Nvidia leading semiconductor declines. Amazon and Microsoft also traded lower. -
Caterpillar’s lower multiples contrast with Corning’s AI-linked growth in 2026
Motley Fool says Caterpillar had lower forward multiples and higher free cash flow than Corning, while Corning’s FY2025 revenue grew faster amid AI demand. Neither stock is cheap; it sees Corning as the AI play and Caterpillar as the diversified option. -
Oracle shares drop 4% amid report of force majeure move on New Mexico site
Oracle shares fell 4% Thursday after Bloomberg reported, citing people familiar with the matter, that the company told Project Jupiter’s developer it was invoking force majeure to delay payments if construction setbacks push the New Mexico data center’s opening to 2028. -
Motley Fool writer backs Taiwan Semiconductor on AI-chip demand
Motley Fool writer Keithen Drury recommends Taiwan Semiconductor as an AI-linked investment, citing its 72.5% Q2 revenue share of the chip-fabrication market and a planned extra $100 billion investment in Arizona; he says the stock is reasonably priced. -
US current-account deficit grows 15.7% on second-quarter import surge
The US current-account deficit widened by $33.4 billion, or 15.7%, to $246 billion in the second quarter, Commerce Department data showed. Goods imports rose $67.4 billion to $931.6 billion, outpacing a $27.1 billion increase in goods exports.
