Intel Rallies On Reported Apple Chip Deal
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
McDonald’s Beats As Value Demand Rises
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
Alphabet Rises On Cloud And AI Strength
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
Big Tech Stocks Plunge as AI Competition Rattles Markets
Monday’s market sell-off served as a stark reminder of the forces driving the bull market and the high expectations investors have for Big Tech earnings in 2025. A sudden drop in AI
Big Tech Races to Lead AI With Massive Investments
Big-Tech’s-AI-Spending-Surges-as-Firms-Race-for-Market-Dominance Big Tech companies are making massive investments in artificial intelligence (AI), with Meta (META) planning to spend up to $65 billion on AI infrastructure in 2025. As the competition heats up,
American Express Profits Rise 12% as Consumer Spending Surges
American Express Co. reported a 12% increase in profits, fueled by higher-than-expected consumer spending during the holiday season. The company’s strong performance in the fourth quarter signals continued momentum into the new
American Airlines Stock Drops Despite Record Revenue
What Happened American Airlines (AAL) shares declined Thursday morning after the airline reported record fourth-quarter revenue but issued a weak profit outlook for the first quarter. Key Earnings Highlights Analyst Perspective Bloomberg
UBS Predicts 10-Year US Bond Yield to Hit 4.25% in 2025
What Happened UBS released its latest forecast for the US bond market, predicting the 10-year Treasury yield will rise to 4.25% by the end of 2025, with the 2-year note yield reaching
Netflix Raises Prices After Record Q4 Subscriber Growth
What Happened Netflix announced Tuesday it will raise prices on most of its subscription tiers in the US and Canada following a record-breaking 19 million new subscribers in Q4 2024. The streaming
Nvidia Stock Jumps 4% on $500 Billion AI Investment Plan
What Happened Nvidia (NVDA) shares surged 4% on Wednesday after news broke that the company has been selected as the main technology partner for Stargate’s $500 billion AI infrastructure project. The partnership
Wealth and Power Collide at Trump’s Inauguration
What Happened The inauguration of Donald Trump as the 47th President of the United States on Monday was marked by the presence of the world’s wealthiest individuals, drawing comparisons to the annual
Charles Schwab Reports 44% Profit Surge in Fourth Quarter
What Happened Brokerage firm Charles Schwab announced a 44% rise in profit for the fourth quarter, driven by a significant increase in asset management fees. The news sent Schwab’s shares up by
JPMorgan Chase Posts Record Earnings and Revenue
JPMorgan Chase Posts Record Earnings and Revenue, Setting Banking Milestones JPMorgan Chase reinforced its position as the largest and most profitable U.S. bank by reporting record quarterly and annual earnings and revenue