Oracle Jumps on Beat, Raises FY2027 Outlook
Shares Pop After Results and Higher Long-Term Target Oracle rallied in extended trading Tuesday after the company posted a quarterly beat and lifted its fiscal 2027 revenue outlook. The software and cloud
Berkshire slides after profit drop and cautious cash stance
Shares post biggest fall since Buffett named Abel successor Berkshire Hathaway shares fell sharply on Monday after the conglomerate reported results that missed some analysts’ expectations and signaled a cautious approach to
Target shares jump on profit beat and 2% sales outlook
Earnings top forecasts as revenue and traffic keep slipping Target reported another quarter of declining revenue and weaker customer traffic on Tuesday, but shares rose sharply after the retailer posted better-than-expected earnings
Alphabet shares rise after Berkshire reveals new stake
Alphabet shares climbed more than five percent on Monday after Berkshire Hathaway disclosed a multibillion-dollar position in the Google parent, marking one of the conglomerate’s most notable technology moves in recent years.
AI startup Cursor raises $2.3 billion at soaring valuation
AI coding platform Cursor has secured a $2.3 billion funding round, lifting its post-money valuation to $29.3 billion and placing the rapidly growing company among the most highly valued startups in the
AMD Targets 60% Data Center Revenue Growth in AI Push
Advanced Micro Devices (NASDAQ:AMD) expects its data center revenue to rise 60% over the next three to five years, up from $16 billion in 2025, as the company accelerates its expansion into
Warren Buffett’s Last Letter Marks the End of an Era
Warren Buffett has written what is expected to be his final letter to Berkshire Hathaway shareholders, signaling the close of one of the most influential chapters in modern business. At 95, the
Qualcomm Delivers Strong Q4, Expands AI Chip Focus
Solid Q4 results and upbeat forecast despite GAAP setback Qualcomm (QCOM) delivered stronger-than-expected fourth-quarter earnings on Wednesday, reporting adjusted earnings per share of $3.00 on revenue of $11.27 billion. Analysts surveyed by
Rivian Beats Q3 Estimates, Cites VW JV and Software Gains
Gross profit turns positive amid revenue growth Rivian Automotive reported stronger-than-expected third-quarter results, with revenue and adjusted earnings outperforming Wall Street estimates. The company posted a $24 million gross profit, marking its
AMD Beats Q3 Estimates, Guides In Line on Margins
Revenue and earnings exceed expectations Advanced Micro Devices (AMD) reported third-quarter earnings that surpassed Wall Street expectations, although margin guidance remained in line with forecasts. Despite the strong performance, shares dipped slightly
Eurozone Firms See Modest Growth Amid AI Investment Surge
ECB survey highlights uneven recovery across sectors Business conditions across the eurozone have slightly improved, though overall growth remains modest, according to the European Central Bank’s latest survey of non-financial companies released
Apple beats earnings expectations despite weak China sales
Strong iPhone demand and optimistic outlook lift shares Apple reported its fourth quarter earnings on Thursday, exceeding Wall Street expectations for both earnings per share and overall revenue. The company posted EPS
Visa Sees Solid Earnings Growth in Fiscal Year 2025
Net income and revenue increase despite economic shifts Visa closed its fiscal year 2025 with strong financial performance, reporting a GAAP net income of $20.1 billion, a 2% increase from the previous