Finance news summaries — Page 4
Essential facts and source links for recent finance stories.
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GM unveils new V-8s for 2027 pickups, including a 481-hp engine
GM unveiled new V-8s for its 2027 Chevrolet Silverado and GMC Sierra as EV demand cools. The 6.6-liter produces 481 horsepower; GM says it beats any naturally aspirated half-ton engine. V-8s account for 55% of Silverado and roughly 61% of Sierra 1500 sales. -
Walmart and Ulta compete as beauty, health and wellness budgets converge
As shoppers increasingly treat beauty, health and wellness as one budget, Walmart is moving beauty to high-traffic areas and using pharmacists and trained staff; Ulta has added wellness boutiques, while Target rolled out roughly 600 Beauty Studio counters. -
Buffett's 2007 warning shapes advice to hold strong stocks long term
Buffett’s 2007 Berkshire Hathaway letter warned that belief in ever-rising home prices exposed financial folly. The article applies that lesson to stocks: favor companies with strong fundamentals and hold them long term instead of trying to time the market. -
SpaceX COO Gwynne Shotwell files to sell $52 million in shares
SpaceX President and COO Gwynne Shotwell filed to sell 342,170 shares worth about $51.96 million. Her Sept. 22 notice says the proposed sale follows a prearranged Rule 10b5-1 plan adopted June 23; it is the first significant executive sale filing since the June IPO. -
Robinhood aims to turn active traders into long-term wealth clients
Tenev says Robinhood aims to use trading to attract customers, then expand into retirement, wealth management and banking. Q2 2026 net revenue rose 32% to $1.31 billion as crypto revenue fell 38%, while transaction-based revenue remained nearly 60% of the total. -
Oil and yields climb as Asian shares start week cautiously
After Donald Trump rejected Tehran’s proposal to reopen the Strait of Hormuz, Asian markets were mixed Monday: Brent futures rose 1.6% to $106 a barrel amid US-Iran truce doubts, while MSCI’s Asia-Pacific index excluding Japan fell 0.2% and US Treasury yields climbed. -
Redwire narrows Q2 net loss as Motley Fool highlights its valuation
Redwire’s net loss narrowed to $40.9 million in Q2 2026 from $97 million a year earlier, while gross profit reached $32.5 million. The Motley Fool argues the space company is attractively valued at 5 times trailing sales, versus about 68 for SpaceX. -
Musk says xAI’s Colossus 2 could double its Nvidia GPU count by year-end
Elon Musk said xAI’s Colossus 2 could double its Nvidia GPU count by year-end, from 550,000 now. He cited 220,000 GB300s due next week, another 220,000 in November and a possible 220,000 in late December; if all arrive, the cluster would exceed SpaceX’s 1 million-GPU goal. -
VinFast founder names 33-year-old son as global CEO, Bloomberg reports
Bloomberg reported Sept. 12 that VinFast founder Pham Nhat Vuong named his 33-year-old son, Pham Nhat Quan Anh, global CEO of the Vietnamese EV maker. A second son, Pham Nhat Minh Hoang, was named global CEO of affiliated ride-hailing firm GSM. -
Stellantis keeps U.S. vehicle development domestic, uses Chinese partners abroad
Stellantis CEO Antonio Filosa says U.S. vehicles rely on domestic engineering and development; the company partners with China's Leapmotor and Dongfeng to localize production and share purchasing costs abroad, with no plans to use them for U.S. models. -
Amazon pauses 21 Air partnership after fatal Miami runway overrun
Amazon has paused its cargo operations with 21 Air after the carrier’s Boeing 767 overran a runway at Miami International Airport on Sept. 6, killing five people on the ground. Amazon says other carriers will cover the network gap while the NTSB investigates. -
Morgan Stanley says Airbnb’s growth and margins are priced into shares
Airbnb shares fell about 20% in a month despite a Q2 revenue beat and higher full-year guidance. On Sept. 16, Morgan Stanley began Airbnb coverage at Equal Weight with a $170 target, saying low double-digit room-night growth and margin gains through 2028 were priced in. -
Prysmian and Rio Tinto to supply low-carbon cables for Amazon’s Ohio data center
Prysmian and Rio Tinto will supply an Amazon data center in Ohio with electrical cables made from ELYSIS low-carbon aluminum. Prysmian says this is the first known data-center use of inert-anode aluminum; the project’s value and expected revenue are undisclosed. -
Palantir's Q2 revenue rose 93%; Salesforce brought in nearly six times as much
Palantir's Q2 2026 revenue rose 93% year over year to $1.9 billion, while Salesforce reported $11.3 billion, nearly six times as much. Palantir's commercial revenue climbed 149% to $764 million; Salesforce's revenue grew 11%. -
A Motley Fool model puts $10,000 in SpaceX near $7,500 by 2030
Motley Fool contributor Keithen Drury estimates $10,000 in SpaceX could be worth about $7,500 in 2030, assuming 40% annual revenue growth and a 30% profit margin. His model values it at $1.5 trillion, below a current market cap just under $2 trillion. -
Seven analysts raise Everpure price targets after analyst day despite negative free cash flow
Seven analysts raised Everpure price targets after its analyst day, which introduced fiscal 2028 revenue guidance of $7.0-$7.3 billion. Second-quarter free cash flow was negative $238 million despite revenue rising 38% year over year to $1.2 billion. -
Intel shares gain over 33% as AI demand revives interest in CPUs
Intel shares gained over 33% in the past month as investors warmed to CPUs for AI data centers. Second-quarter data center and AI revenue climbed 59% year over year to $6.3 billion, while supply constraints reportedly left Intel meeting only about half of customer requests. -
AWS hits 37% growth as Amazon shares trade 12% below their peak
Motley Fool contributor Daniel Sparks calls Amazon shares a buy at about $249, 12% below their Aug. 3 record close of $284.02, citing AWS's 37% year-over-year Q2 revenue growth as free cash flow swung to a $7.6 billion outflow over the trailing 12 months. -
Nvidia’s profitability and lower valuation put it ahead of SpaceX, writer says
Nvidia’s profitability and lower valuation lead a Motley Fool writer to prefer it to SpaceX. Nvidia’s second-quarter revenue rose 106%, with a 66% operating margin; SpaceX’s revenue rose 92% to $4.1 billion, but it reported a $541 million GAAP net loss. -
Motley Fool writer expects SpaceX to stay ahead of Tesla by end of 2027
A Motley Fool contributor predicts SpaceX will be larger than Tesla at the end of 2027 if they do not merge. The article puts SpaceX’s current market value at about $1.95 trillion, versus Tesla’s $1.5 trillion, and cites SpaceX’s 92% second-quarter revenue growth. -
Goldman Sachs reportedly in talks to buy credit manager Palmer Square
Goldman Sachs is reportedly in talks to acquire Palmer Square Capital Management, a credit-focused asset manager overseeing more than $37 billion, Bloomberg reports. Discussions remain ongoing and could fall through; no purchase price has been disclosed. -
Lockheed wins Army contract for PrSM Increment 2, with $1.2 billion ceiling
Lockheed Martin won a U.S. Army contract of up to $1.2 billion to produce its Precision Strike Missile Increment 2; the final value depends on orders. A second successful August flight test showed the missile could engage moving maritime targets. -
Citigroup reportedly eyes January Banamex IPO that could raise over $3 billion
Citigroup is expected to lead a Banamex IPO targeted for January that could raise more than $3 billion, Bloomberg reported, citing people familiar with the plans. The deal is unannounced, its size unsettled and plans may change. -
Moody’s turns BJ’s outlook positive while keeping its Ba1 rating
Moody’s shifted BJ’s Wholesale Club’s outlook from stable to positive and affirmed its Ba1 rating, citing low leverage and ample undrawn credit-facility liquidity; it pointed to a possible move into investment grade. BJ shares rose 2.12%. -
Amgen stays at Deerfield campus under long-term lease after $151 million sale
Amgen sold its Deerfield, Illinois, office campus for $151 million to an entity tied to Chicago-based Mesirow and signed a long-term lease to remain there. The roughly 660,000-square-foot site has three buildings; Amgen occupies one.
