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Nike's Sales Continue to Decline as China Weakness Persists

By Kelly CloonanNike recorded another sales decline in the latest quarter as it continued to hit hurdles with weakness in China.The sneakers and apparel company said the results were in line with its expectations, despite facing what it called an increasingly challenging operating environment where…

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Datadog Acquires Adaptive ML

By Grace YoonDatadog said it acquired Adaptive ML, a frontier artificial intelligence startup developing a platform that helps companies develop their own specialized agents and models.Terms of the deal were not disclosed.Adaptive, which is developing what Datadog bills as the first reinforcement l…

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Firefly Aerospace Gets $144M NASA Contract

By Kelly CloonanFirefly Aerospace received a $144 million contract for a lunar mission with the National Aeronautics and Space Administration.Under the contract, Firefly would design, build, test and deliver the mission in about two years, with a targeted launch in 2028, the company said Tuesday.Th…

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Brookfield, Bloom Energy Expand AI Power Financing Partnership to $25B

By Elias SchisgallBrookfield and Bloom Energy are expanding their partnership on financing artificial-intelligence infrastructure power projects.Under the expanded partnership, Brookfield is increasing its financing framework to $25 billion from $5 billion.The move is in response to continued robus…

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U.S. Stocks Rise to Cap Best Quarter in Years

By Anvee BhutaniU.S. stocks advanced to close out a blockbuster quarter, marked by sharp gains in the technology sector on expectations for strong spending for artificial intelligence. The S&P 500 and Nasdaq logged their best quarterly performances since 2020.The Dow Jones Industrial Average rose 1…

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AMD, Sandisk, AeroVironment, Air Products, Strategy, and More Stocks That Explain Today's Market — Barrons.com

By Callum Keown, Kit Norton, and Connor SmithStocks rose Tuesday, as tech shares, particularly chip makers, closed out a historically good quarter on a high note. The industrials and materials sectors also advanced broadly.Semiconductor equipment makers Applied Materials and Lam Research rose 4.1…

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Nike's Converse, China Business Weigh on Turnaround — Company Talk

Nike's struggles outside North America are weighing on its broader turnaround. Fourth-quarter revenues fell 12% in Greater China, once one of its most lucrative to $1.3 billion. Meanwhile, its troubled Converse unit tumbled 32% to $244 million, with declines across all territories. Growth in North…

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SpaceX and Tesla Shares Are Trading Like Twins — Barrons.com

By Al RootSpaceX stock and Tesla shares are doing something surprising: They are rising and falling together.Shares of Elon Musk's rocket and AI company gained 4.1%, closing at $170.86 on Tuesday, while the S&P 500 and Dow Jones Industrial Average were up 0.8% and 0.3%, respectively.The move comes…

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Constellation Brands Reports Lower 1Q Revenue, Citing Softening Consumer Trends

By Elias SchisgallConstellation Brands reported a higher profit but lower revenue in its first quarter, as consumers began to pull back from beverage purchases.The beverage company, which serves as the U.S. importer of Modelo and Corona beers, on Tuesday reported a profit of $653.8 million, or $3.7…

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SEADRILL Ltd Files 8K - Direct Or Off-Balance Sheet Financial Obligation >SDRL

SEADRILL Ltd (SDRL) filed a Form 8K - Direct or off-Balance Sheet Financial Obligation - with the U.S Securities and Exchange Commission on June 30, 2026.The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.The full text of this…

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