European stock indexes rose in early trade as earnings stories drove increases. The Europe-wide Stoxx 600 added 0.3%, led by consumer-facing stocks and healthcare. London's FTSE 100 moved 0.3% higher, led by a 10.
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Chip stocks fell in Asia and the U.S. as investors once again grew nervous about the durability of artificial-intelligence spending, while oil held steady in early European trade.
German industrial giant Siemens on Thursday raised its profit outlook for the second time this year after a quarter boosted by AI spending, but its shares plunged after the forecast fell short of investors' hopes.But Siemens shares dropped six percent in early Frankfurt trading, with analysts pointing to expectations of higher full-year profits, as well as fears that new AI tools will disrupt Siemens's own software business.
The latest tariff move wasn't about raising rates; it was about making them stick, and that could reshape which stocks win for years to come.
A modest silver lining for headline inflation is overshadowed by one of the central bank's favorite inflationary measures.
(Bloomberg) -- Nigeria agreed a gas deal that moves it closer to reviving a giant steel plant that hasn’t produced any metal since being built half a century ago.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanGoogle AI Veterans Depart During Seismic Leadership ShiftMajor Hedge Funds Targeted in Wave of Attempted CyberattacksMicrosoft’s AI Sales Mostly Come From OpenAI, Disclosures ShowSpaceX’s AI Splurge Puts a Damper on First Earnings After IPOThe agreement with
📣 "Market leverage is pretty high.... When you have that, you do have a higher chance that something will disrupt the market in a quick way and people get rattled over it." —JPMorgan Chase CEO Jamie ...
Today Economic data: Weekly jobless claims, preliminary productivity and costs report for the second quarter, EIA weekly natural gas storage report, Challenger job-cuts report Earnings (a.m.): ConocoPhillips, Warner Bros Discovery, Kenvue, Fox Corp, Hertz, Keurig Dr Pepper, Datadog, Ralph Lauren Earnings (p.
Dutch Bros (NYSE:BROS) reported second-quarter 2026 revenue growth of 32% and raised its full-year outlook, citing transaction gains, food-program adoption, menu innovation and continued new-shop productivity. Total revenue for the quarter ended June 30 reached $551 million, while adjusted EBITDA i
A10 Networks (NYSE:ATEN) reported second-quarter revenue growth of 15.5% as demand for its application networking and security offerings benefited from AI-related traffic, latency and security requirements. The company raised its full-year revenue and earnings outlook, citing results through the fir
Siemens Aktiengesellschaft (ETR:SIE) reported record third-quarter results for fiscal 2026, supported by strong demand for data center infrastructure, industrial software and automation. The company raised its full-year earnings outlook after orders, revenue, industrial profit and free cash flow all
Earnings are exploding, but the stock is priced as though the boom were nearly over. Is the market right?
SoftBank’s net income fell 18 per cent in the first quarter but the rising valuations of its Intel and ByteDance stakes still helped Masayoshi...
Work to build Google's planned Indian data centre hub is in full swing, with a hillside above the site stripped to red earth and terraced into steps, but mounting opposition from environmentalists is creating hurdles for the U.S. tech giant's $15 billion project. The southern state of Andhra Pradesh, governed by an ally of Prime Minister Narendra Modi who has hailed the project as historic and transformational, has denied allegations that the project was fast-tracked without weighing risks to water supplies and wildlife. But the growing opposition could become an early test for Google's biggest-ever India investment, which is facing several legal challenges over its impact on water supplies and proximity to a wildlife sanctuary that is home to leopards and pangolins.
Western Digital (NASDAQ:WDC) reported fiscal fourth-quarter revenue and earnings above the high end of its guidance, citing strong demand for high-capacity hard disk drives, favorable pricing and growth in cloud storage needs tied to artificial intelligence workloads. For fiscal 2026, the hard driv
Viavi Solutions (NASDAQ:VIAV) reported fiscal fourth-quarter revenue and earnings above its guidance, supported by demand from data-center customers, aerospace and defense markets, and contributions from acquired Spirent product lines. Fiscal fourth-quarter revenue totaled $443.1 million, exceeding
Axon raises full-year guidance to 32%-34% growth, driven by record bookings, international expansion, and the rapid scaling of its AI Era Plan and Dedrone counter-drone business.
Galaxy Digital stock fell 14% after the firm posted an $85 million Q2 loss while expanding its AI data center pipeline.
(Bloomberg) -- Nintendo Co. reported stronger-than-expected earnings buoyed by tariff refunds from the US and strong sales of a pair of in-house titles for its flagship Switch 2 console.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanGoogle AI Veterans Depart During Seismic Leadership ShiftSpaceX’s AI Splurge Puts a Damper on First Earnings After IPOMajor Hedge Funds Targeted in Wave of Attempted CyberattacksMicrosoft’s AI Sales Mostly Come From OpenAI, Disclosure
Viavi Solutions (VIAV) has drawn fresh attention after reporting quarterly earnings and revenue that exceeded analyst estimates for the June 2026 quarter, along with new revenue guidance for the first quarter of fiscal 2027. See our latest analysis for Viavi Solutions. Even after a 1-year total shareholder return of 287.45% and a year to date share price return of 114.33%, Viavi Solutions has seen momentum cool recently, with the 90 day share price return down 23.8% despite interest around...
OpenAI asked a federal judge Wednesday to dismiss Apple's lawsuit accusing the AI giant and two former Apple employees of stealing trade secrets and soliciting confidential information from job candidates.
(Bloomberg) -- OpenAI is asking a federal judge to dismiss a lawsuit filed by Apple Inc. accusing the artificial intelligence company of stealing trade secrets, saying that the iPhone maker’s allegations are meritless.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanGoogle AI Veterans Depart During Seismic Leadership ShiftSpaceX’s AI Splurge Puts a Damper on First Earnings After IPOMicrosoft’s AI Sales Mostly Come From OpenAI, Disclosures ShowMajor Hedge Funds Targ
Veeco Instruments (NASDAQ:VECO) reported second-quarter results above its guidance range, citing accelerating demand across semiconductor, advanced-packaging and silicon-photonics markets tied to AI infrastructure and high-performance computing. Revenue for the quarter was $193 million, while non-G
TTM Technologies (NASDAQ:TTMI) reported second-quarter 2026 revenue of $1 billion, its first quarterly sales result at that level, as demand tied to artificial intelligence data centers, networking, medical products and aerospace and defense programs increased. Revenue rose 37% from $731 million in
Talen Energy (NASDAQ:TLN) reported second-quarter adjusted EBITDA of $374 million and adjusted free cash flow of $212 million, citing contributions from recently acquired natural gas plants, higher PJM capacity pricing, increased generation volumes and the ramp of its AWS contract. For the first ha
Symbotic (NASDAQ:SYM) reported fiscal third-quarter 2026 revenue of $721 million, up 22% from a year earlier and 7% sequentially, as the warehouse automation company expanded system deployments and grew recurring revenue from operational systems. GAAP net income was $55 million, compared with a net
Investing.com-- Merck clocked a stronger second-quarter adjusted profit on Tuesday, aided by strong performances in its life science and electronics divisions, with the company also raising its annual profit outlook.
The division produces electrical and grid equipment and won a number of large contracts from the U.S. and Europe as companies race to build artificial intelligence infrastructure.
The group pointed to stronger demand in the life-science and electronics markets and resilience in its healthcare operations.
Siemens Chief Executive Officer Roland Busch says the company is "very competitive" in China, where the automation business is doing "very well." He also comments on the data center business. Busch speaks on Bloomberg Television after Siemens raised its earnings expectations for a second time this year due to a surge in data center spending and higher returns from selling software to industry.