Tesla opens its Sparks Semi factory as pricing rises far above 2017 advertising, diesel costs surge, and a 2,500 truck alliance order offers a major test of whether the electric hauler can finally scale.
Oracle shares fell 5% after its Project Jupiter notice surfaced, while the company maintained the New Mexico campus remains on schedule and Blue Owl said financial commitments to the project have not changed.
Starbucks will close about 250 North American cafes and record approximately $300 million in restructuring charges as CEO Brian Niccol’s turnaround targets locations unable to meet customer experience or financial performance goals.
Netflix shares are sinking as YouTube expands its television audience, courts leading creators, and challenges episodic streaming. Weak sales, cautious guidance, and only 2% viewing growth during the first half have added to Wall Street’s concerns.
IonQ, Maplebear and Worthington drew attention among major premarket movers, but the available material provided no prices, trading direction, percentage changes or catalysts behind the activity. Readers were also warned that market data may be delayed at least 15 minutes.
McDonald’s will spend up to $8.5 billion supporting franchisee upgrades while targeting higher operating margins, stronger restaurant efficiency and global sales growth through its NEXT strategy and the new Make It Golden employee training program.
The Nasdaq reached another intraday record as artificial intelligence shares advanced, but Iran tensions, elevated oil prices, rising Treasury yields and weak market breadth kept broader investor enthusiasm firmly in check.
McDonald’s faces skeptical investors after U.S. traffic declined, same store sales rose just 0.8%, and shares fell 18%. Management is expected to detail plans covering value, menu improvements, beverages, restaurant renovations and tighter spending.
Intel shares gained 25% in five days as demand for CPUs rose alongside agentic AI, while reported manufacturing interest from Google, Nvidia, and SK Hynix added weight to the chipmaker’s broader push to regain semiconductor leadership.
Warner Bros. Discovery and Paramount Skydance shares jumped as settlement discussions advanced over the $111 billion acquisition, with proposed terms requiring 30 theatrical releases annually and imposing steep penalties when the combined company falls short.
Nvidia CEO Jensen Huang has gained unusual influence with President Donald Trump, shaping the administration’s approach to AI safety even as major model developers, researchers and lawmakers demand slower development and stronger government oversight.
The Dow recorded its worst week since March as Treasury yields climbed above 5%, oil stayed above $100 per barrel and investors absorbed the Federal Reserve’s first rate increase in three years.
Goldman expects corporate profit growth to slow rather than collapse as the AI investment boost fades. Snider still forecasts a 14% S&P 500 rally, while Bank of America warns that investor positioning remains overly bullish.
Netflix, Nucor and Xenon Pharmaceuticals were identified among the biggest premarket movers, but the supplied material does not reveal whether their shares rose or fell, the size of their moves or any catalyst behind the activity.
Warren Buffett is relinquishing Berkshire Hathaway’s chairmanship after six decades of extraordinary growth, leaving Howard Buffett to guard its culture while CEO Greg Abel faces pressure to deploy a $365.5 billion cash reserve and revive lagging shares.
The Fed’s unanimous rate increase rattled stocks and lifted Treasury yields as Warsh emphasized inflation control. Officials largely expect another increase this year, although their projections become sharply divided in 2027 and beyond.