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
Capital expenditure outlook rattles investors Alphabet shares dropped as much as 5% early Thursday after the company revealed capital spending plans that significantly exceeded market expectations. The sharp reaction reflected growing investor
CEO defends outlook after sharp market reaction Advanced Micro Devices shares fell sharply on Wednesday, dropping 17% in their worst session since May 2017, even as Chief Executive Lisa Su defended the
Revenue jumps 16% in fiscal first quarter Apple reported fiscal first-quarter earnings on Thursday that exceeded Wall Street expectations, with revenue rising 16% year over year. Shares edged higher in extended trading
Stock posts steepest daily drop since 2020 Microsoft shares fell about 10% on Thursday after the company reported quarterly results that disappointed some investors, marking the stock’s sharpest one-day decline since March
Higher deliveries drive fourth-quarter growth Boeing reported fourth-quarter revenue above Wall Street expectations, signaling momentum in the company’s recovery after years of operational and financial strain. The aircraft manufacturer generated $23.9 billion
Strategic stake boosts confidence in AI infrastructure Shares of CoreWeave climbed nearly 6% on Monday after Nvidia disclosed a $2 billion equity investment in the artificial intelligence infrastructure company. The move reinforces
Results top expectations Intel reported fourth-quarter earnings on Thursday that exceeded Wall Street expectations, though the company delivered softer-than-expected guidance for the current quarter. Adjusted earnings per share came in at 15
Early U.S. data supports optimism for GLP-1 tablet Shares of Novo Nordisk rose more than 8% on Friday after early prescription data showed a promising start for the U.S. launch of the
Severance costs weigh on quarterly results Wells Fargo reported fourth quarter earnings that fell short of analysts’ expectations after booking $612 million in severance expenses tied to Chief Executive Officer Charlie Scharf’s
AI chip leader closes year in dominant position Nvidia closed out 2025 as the clear leader of the global artificial intelligence chip market, consolidating its position at the center of the data-center