business

Elon Musk’s SpaceX and Tesla Experience $1.5 Trillion Market Cap Decline Amid Upcoming Earnings and Lockup Period

07/28/2026, 12:36 PM business review SpaceX Tesla

Elon Musk's companies, SpaceX and Tesla, have collectively lost $1.5 trillion in market capitalization since mid-June, with significant volatility expected around SpaceX's upcoming earnings report and the early lockup period for insiders.

Kentucky Governor Andy Beshear Urges Senator Mitch McConnell to Prove His Capability to Serve or Resign

07/28/2026, 12:36 PM business announcement

Kentucky Governor Andy Beshear has urged Senator Mitch McConnell to publicly confirm his ability to serve or resign, highlighting concerns over McConnell's health and the implications for the Senate's Republican majority.

Analysts Jefferies upgraded Ford Motor (F) to Buy, anticipating a recovery in production momentum

07/28/2026, 09:38 AM business rating_growth Analysts: analysts, Jefferies auto Ford Motor Company

Ford Motor is expected to report a decline in automotive revenue and adjusted earnings per share for the second quarter, which could indicate challenges ahead for the company. Investors are particularly focused on cost management and production updates related to the F-Series trucks.

Shein Under Investigation by FTC Ahead of Hong Kong IPO

07/28/2026, 09:38 AM business announcement

Shein's upcoming IPO in Hong Kong is overshadowed by a Federal Trade Commission investigation, which could significantly impact the company's financial health and operations.

C P P

The Rise of AI Agents in Wall Street Trading: Startups and Brokers Innovate for 24/7 Portfolio Management

07/28/2026, 08:38 AM business growth finance ai Citizens Podium Markets AI Public Robinhood

The development of AI agents for trading is rapidly advancing, with brokerages and startups creating tools that could significantly automate investment management, potentially transforming how retail investors engage with the market.

Visa (V) to Cut 7% of Workforce as CEO Ryan McInerney Streamlines Operations and Invests in Growth Areas

07/28/2026, 07:37 AM business downsizing finance Visa

Visa's decision to cut approximately 7% of its workforce, equating to about 2,600 positions, reflects a strategic shift towards efficiency and investment in growth areas, particularly influenced by advancements in artificial intelligence.

Lawmakers Propose Legislation to Close Tax Loophole for Cryptocurrency Investors

07/28/2026, 05:37 AM business announcement finance

Legislation is being proposed to eliminate a significant tax loophole for cryptocurrency investors, which could have substantial financial implications for the sector and its participants. This move reflects a growing bipartisan interest in regulating the taxation of digital assets.

Boeing Reports Larger-than-Expected Loss in Q2 Due to Air Force One Program Costs

07/28/2026, 04:37 AM business losses Boeing

Boeing's second-quarter results revealed a larger-than-anticipated loss, primarily due to significant costs associated with the delayed Air Force One program, which could impact investor confidence and future earnings.

Coca-Cola and Sherwin-Williams Report Strong Earnings, While Hilton and Universal Health Services Lower Guidance

07/28/2026, 04:37 AM business review Coca-Cola Welltower, Inc. Sherwin-Williams Cadence Design Systems Hilton Worldwide Holdings Cincinnati Financial Universal Health Services Johnson & Johnson Rambus

Several companies reported earnings that exceeded expectations, leading to notable stock movements, while others faced declines due to lowered guidance or disappointing results.

Coca-Cola (KO) Set to Report Second-Quarter Earnings with Analysts Expecting EPS of 93 Cents and Revenue of $13.16 Billion

07/28/2026, 03:37 AM business forecast Analysts: analysts consumer Coca-Cola

Coca-Cola is set to report its second-quarter earnings, with analysts expecting earnings per share of 93 cents and revenue of $13.16 billion, reflecting strong demand despite economic challenges.