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Neuralink targets $1 billion revenue by 2031, Bloomberg News reports
July 23 (Reuters) - Elon Musk's brain implant company Neuralink aims to implant its chips in 20,000 people a year, and generate at least $1 billion in annual revenue by 2031, Bloomberg News reported on Wednesday, citing investor documents.The company aims to operate five large clinics within six...
Reuters
Wed, Jul 23
Cryptocurrencies
XRP Is About To Break 8-Year Resistance Against Bitcoin Ahead Of Spot ETF Approval
After nearly eight years of being trapped under a long-term resistance line, XRP is set to make headlines again as it inches closer to a historic breakout against Bitcoin (BTC). With XRP Spot ETF approvals still pending, this breakout could signal the start of a significant shift in momentum and pri...
NewsBTC
Wed, Jul 23
Other
Patterson-UTI Q2 swings to Q2 net loss
OverviewPatterson-UTI Q2 2025 revenue largely in-line with analyst expectations, totaling $1,219 mlnCompany reports net loss of $48.7 mln, including $28 mln non-cash asset impairment Adjusted EBITDA for Q2 at $231 mln, $46 mln returned to shareholders in Q2OutlookCompany expects Q3 Drilling Services...
Reuters
Wed, Jul 23
Stocks
Does the ASML Stock Sell-Off Signal Trouble for Nvidia and Broadcom?
Key PointsGeopolitical risks haven’t gone away.The semiconductor industry could face challenges even if AI demand remains strong.Approaching the sector with a long-term mindset can help you endure volatility.10 stocks we like better than Nvidia › ASML (NASDAQ: ASML) stock was down over 11% at one po...
The Motley Fool
Wed, Jul 23
Other
Alaska Air reinstates profit forecast as travel demand improves
Bookings rise as US West Coast tech firms increase travelAlaska's unit revenue expected to stabilize or slightly increasePremium cabin demand remains strong, main cabin stabilizesAlaska faces higher aircraft costs due to proposed tariffs on Brazilian importsIT outage and flight cuts to impact Al...
Reuters
Wed, Jul 23
Other
Offshore energy services firm Helix Q2 revenue misses estimates
OverviewHelix Energy Solutions Group Q2 revenue of $302.3 mln misses analyst expectations, per LSEG dataThe international offshore energy services firm reports a net loss of $2.6 mln, compared with a net income of $32.3 mln year agoHelix repurchases 4.6 mln shares during the second quarterOutlookHel...
Reuters
Wed, Jul 23
Stocks
Core Laboratories Inc reports results for the quarter ended June 30 - Earnings Summary
Core Laboratories Inc CLB.N reported quarterly adjusted earnings of 19 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 22 cents. The mean expectation of five analysts for the quarter was for earnings of 19 cents per share. Wal...
Reuters
Wed, Jul 23
Stocks
Galapagos NV reports results for the quarter ended June 30 - Earnings Summary
Galapagos NV GLPG.AS reported a quarterly adjusted loss of €1.60 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of two analysts for the quarter was for a loss of 9 cents per share. Wall Street expecte...
Reuters
Wed, Jul 23
Stocks
Galapagos NV reports results for the quarter ended June 30 - Earnings Summary
Galapagos NV GLPG.OQ reported a quarterly adjusted loss of €1.60 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of six analysts for the quarter was for a loss of 20 cents per share. Wall Street expect...
Reuters
Wed, Jul 23
Cryptocurrencies
Wolf Popper, Burwick Law widens Pump.Fun lawsuit to include Solana Labs, Solana Foundation, and Jito
Two law firms Wolf Popper and Burwick Law have widened a lawsuit initially filed against Pump.Fun to add Solana Labs, Solana Foundation, and Jito. They have also named key figures from the Solana community, including co-founders Raj Gokal and Anatoly Yakovenko. In a modified complaint from Wednesday, the firms allege violations of the RICO Act […]
Cryptopolitan
Wed, Jul 23
Other
‘Fantastic Four’ film feels like a beginning for Marvel’s first family
By Rollo Ross and Danielle BroadwayLOS ANGELES, July 23 (Reuters) - For actor Ebon Moss-Bachrach, the superhero film “Fantastic Four: First Steps” is different from other Marvel films because it is centered on a close-knit family. “Our movie is about a family that's been a family for many years,...
Reuters
Wed, Jul 23
Commodities
Packaging Corp forecasts profit below estimates on export, freight pressures
July 23 (Reuters) - Packaging Corp of America PKG.N forecast third-quarter profit below Wall Street estimates on Wednesday, hurt by rising freight costs and weak export containerboard sales amid global trade uncertainty.The Lake Forest, Illinois-based company specializes in delivering paper and pack...
Reuters
Wed, Jul 23
Stocks
Meme stocks pare gains as highly shorted Krispy Kreme, GoPro join the frenzy
Shares in Krispy Kreme, GoPro pare gains Kohl's, Opendoor shares reverse1-800-Flowers.Com, Beyond Meat pare gainsBy Shashwat Chauhan, Medha Singh and Sinéad Carew July 23 (Reuters) - Investor enthusiasm faded for the latest meme stocks on Wednesday, with shares in heavily shorted Krispy Kreme...
Reuters
Wed, Jul 23
Stocks
Why AT&T Stock Bumped Higher Today
Key PointsIt topped analyst estimates, although the bottom-line beat was narrow.The company did manage to improve several crucial operational metrics.10 stocks we like better than AT&T › AT&T (NYSE: T) released its latest set of quarterly results Wednesday morning. While these weren't strong enough ...
The Motley Fool
Wed, Jul 23
Other
French president Macron sues right-wing podcaster over claim France's first lady was born male
Macrons allege 'relentless bullying on a worldwide scale'High legal standard to prove defamationOwens says lawsuit littered with inaccuraciesBy Jonathan Stempel and Michel Rose July 23 (Reuters) - French President Emmanuel Macron and his wife Brigitte filed a defamation lawsuit in the U.S...
Reuters
Wed, Jul 23
Commodities
LIVESTOCK-CME cattle futures hit new contract highs as supplies tighten
By P.J. Huffstutter CHICAGO, July 23 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures rallied to fresh contract highs on Wednesday, as tight supplies and strong cash market prices continued to send future contracts surging, market analysts said.Meanwhile, CME hog futures reb...
Reuters
Wed, Jul 23
Other
BT to appoint Virgin Media O2's Cobian as CFO, Telegraph reports
July 23 (Reuters) - BT Group BT.L, Britain's biggest broadband and mobile services provider, is set to name Virgin Media O2's chief financial officer, Patricia Cobian, as its first female finance chief, The Telegraph reported on Wednesday, citing unnamed sources. Cobian held the finance c...
Reuters
Wed, Jul 23
Commodities
Pest control firm Rollins tops quarterly sales estimates on robust demand for services
July 23 (Reuters) - Rollins ROL.N reported second-quarter revenue above estimates on Wednesday, on steady demand for its pest control services amid an unusually warm and dry weather in the United States. WHY IT'S IMPORTANTA warmer-than-usual climate across much of the United States, which...
Reuters
Wed, Jul 23
Other
Justice Department to assess claims of 'alleged weaponization' of US intelligence community
US Justice Department forms strike force to assess Gabbard's claimsTrump recently leaped on Gabbard's comments to attack ObamaDemocrats say claims are false, politically motivatedBy Kanishka Singh WASHINGTON, July 23 (Reuters) - The U.S. Department of Justice said on Wednesday it was form...
Reuters
Wed, Jul 23
Stocks
Is It Too Late to Buy Opendoor Technologies Stock?
Key PointsOpendoor stock has soared on meme-trading mania.Some investors believe the stock could be the next Carvana.Buying and holding stocks long term is a better strategy than jumping on soaring meme stocks. 10 stocks we like better than Opendoor Technologies › There are meme stocks, and then the...
The Motley Fool
Wed, Jul 23
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