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Goldman Sachs Moves Away From Apple Card And Into Buy Range
Investor's Business Daily84d agobullish
Goldman Sachs Moves Away From Apple Card And Into Buy Range

As Goldman Sachs transitions accounts away from Apple Card to Chase, the global financial giant is riding high after posting accelerating earnings and sales growth. Positive first-quarter results have Goldman stock notching a record high as it teases the top of its buy zone. The move has also propelled Goldman onto the Investor's Business Daily Breakout Stocks Index.

Futu Holdings (FUTU) Soars 20% Ahead of Q1 Earnings
Insider Monkey84d agobullish
Futu Holdings (FUTU) Soars 20% Ahead of Q1 Earnings

Futu Holdings Ltd. (NASDAQ:FUTU) is one of the 10 Stocks With Jaw-Dropping 14-74% Gains. Futu snapped a two-day losing streak on Tuesday, climbing 20 percent to close at $107.70 apiece, as investors positioned portfolios ahead of the results of its earnings performance in the first quarter of the year. In a notice on its website, […]

Samsung workers approve pay deal, shares surge
Reuters84d agobullish
Samsung workers approve pay deal, shares surge

Unionised workers at Samsung Electronics have approved a highly contentious bonus pay deal - one that averts a massive 18-day strike but ‌also exacerbates deep disparities in fortunes among workers at the tech conglomerate. Two unions ‌for the world's largest memory chip maker said on Wednesday that 74% of the 62,616 workers who cast their ​votes had backed the deal. Shares in Samsung surged 6%, also helped by investor frenzy over the AI boom that has driven chip sector shares higher.

IREN to buy Blackwell systems from Dell for about $1.6 billion
Reuters85d agobullish
IREN to buy Blackwell systems from Dell for about $1.6 billion

Data center operator IREN said on Tuesday it has agreed to buy Nvidia's air-cooled ‌Blackwell systems from Dell for about $1.6 billion, as it ‌aims to bring more capacity online to keep up with soaring ​AI demand. The deal is to service its previously announced five-year $3.4 billion cloud AI service contract with Dell, an AI server maker, IREN said in a statement. The Blackwell systems ‌will be set ⁠up across existing data centers at IREN's Childress, Texas, campus, and are expected to be ⁠ready by early 2027.

Google-backed stock jumps after new AI deal
TheStreet85d agobullish
Google-backed stock jumps after new AI deal

Shares of TeraWulf (Nasdaq: WULF) surged during market hours on May 26 after the Bitcoin miner-turned-AI infrastructure company announced the acquisition of a hyperscale high-performance computing site. TeraWulf is a United States-based digital infrastructure company founded in 2021 by energy ...

Book Those Summer Airline Tickets Now to Beat Even Higher Fares
The Wall Street Journal85d agobullish
Book Those Summer Airline Tickets Now to Beat Even Higher Fares

TRAVEL NEWSLETTER Happy Friday! We’ve got gobs of travel news to digest this week, so let’s dive in. Struggling Spirit Airlines looks like it might get a lifeline from the federal government, though no deal has been finalized.

Reuters85d agobullish
Zscaler sees downbeat quarterly revenue as competition heats up in cybersecurity market

Zscaler forecast fourth-quarter revenue below estimates on Tuesday, signaling intensifying competition in ‌the cybersecurity market as enterprises scrutinize spending ‌on cloud security products, sending shares down 15% in extended ​trading. Despite the push to secure modern IT environments, Zscaler faces competition from larger rivals such as Palo Alto Networks, which are vying for more ‌market share with ⁠their own platform offerings. Zscaler primarily competes in the Secure Access Service Edge (SASE) ⁠market, which combines networking and security into a single platform to connect users, devices and applications from ​anywhere.

Autodesk expected to deliver first quarter earnings beat, in-line outlook
Proactive85d agobullish
Autodesk expected to deliver first quarter earnings beat, in-line outlook

Autodesk Inc (NASDAQ:ADSK) is expected to report fiscal first-quarter earnings with a modest revenue beat and a likely reaffirmation of full-year guidance, according to Jefferies, in what the firm sees as a generally steady update for the software company. Jefferies expects Autodesk to...

Bloomberg85d agobullish
Oil Climbs as US-Iran Clashes Muddy Outlook for Peace Deal

(Bloomberg) -- Oil rebounded as fresh clashes between the US and Iran clouded the outlook for an interim deal to reopen the vital Strait of Hormuz.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarUS Strikes Targets in Iran Even as Trump Hails Progress on DealRussia Tells US to Evacuate Its Diplomats and Citizens From KyivThese AI Gurus Are Charging Wall Street Banks $25,000 a DayPutin Signs Law on Use of Army to Aid Russians Detained AbroadGlobal benchmark