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
Nvidia posts record quarter on AI demand
Revenue and profit hit new records Nvidia reported another record quarter as demand for artificial intelligence infrastructure continued to accelerate. For the third quarter of fiscal 2026, revenue reached 57.0 billion dollars,
Lowe’s adjusts outlook amid mixed home improvement trends
Sales edge higher as guidance is revised Lowe’s reported a modest year over year sales increase in the third quarter but lowered its full year profit outlook to reflect a more challenging
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