A Potential Boost For Intel Foundry Intel shares surged after a report said the company has reached a preliminary deal to manufacture some chips for Apple devices. The agreement, if finalized, would
Results Top Wall Street Forecasts McDonald’s reported stronger than expected first quarter earnings as consumers continued to seek value in a more difficult economic environment. The fast food giant posted adjusted earnings
Results Beat Wall Street Expectations Alphabet shares rose more than 3% after the Google parent reported first quarter results that beat analyst expectations on both revenue and earnings. The performance was supported
AI investments soar, but cloud growth lags rivals Amazon posted solid second-quarter results that exceeded Wall Street expectations on revenue and profit, but its stock dropped 7% on Friday after a weaker-than-expected
iPhone and Mac sales lead Apple’s best growth since 2021 Apple posted third-quarter earnings that beat Wall Street forecasts, driven by a surge in iPhone sales and robust growth in its Mac
Shares Poised to Open at Double the IPO Price Figma Inc. is set to make a high-profile entrance to public markets after pricing its IPO at $33 per share and raising $1.2
Strategic Move into Identity Security Market Palo Alto Networks has announced it will acquire Israeli identity security provider CyberArk in a deal valued at approximately $25 billion. The acquisition marks a major
Record Quarter Driven by Cloud and AI Momentum Microsoft shares jumped 8% in after-hours trading following a strong earnings report for its fiscal fourth quarter. The tech giant posted earnings per share
Revenue and AI Strategy Fuel Investor Optimism Meta’s stock jumped over 10% after the company posted second-quarter earnings that topped Wall Street expectations. Revenue reached $47.52 billion, outpacing forecasts of $44.80 billion.
Morgan Stanley maintains bullish stance with $410 target Despite a year-on-year revenue decline and higher operating costs, Tesla (NASDAQ:TSLA) continues to earn Wall Street’s confidence as an AI-driven growth stock. On July
EU move to cut Russian reliance boosts American exporters Liquefied natural gas (LNG) stocks climbed Monday following the European Union’s announcement of a $750 billion energy purchase from the United States. The
Strong Earnings and Share Buybacks Drive Confidence Alphabet posted an impressive second-quarter performance, reporting a 14% year-over-year increase in sales and a sharp rise in net income. The company’s stock climbed 19%
Strong Quarterly Results Overshadowed by Market Caution IBM delivered second-quarter results that exceeded Wall Street expectations, yet shares dropped as much as 6% in after-hours trading. The dip reflects lingering concerns around