IPG (IPGP) delivered earnings and revenue surprises of +45.00% and -0.21%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
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Higher crack spreads driven by Strait of Hormuz supply disruptions pushed the refiner's quarterly net income to $5.1 billion
For the U.S., a weak yen is a potential problem because Japan is the world’s biggest single holder of U.S. Treasurys. With bond yields already high, the last thing Treasury Secretary Scott Bessent wants is more upward pressure from Japan selling down its U.
AI cloud computing company CoreWeave said on Tuesday it is expanding into Indonesia and adding three new facilities in the country, marking the firm's first data-center presence in the Asia Pacific region. CoreWeave has benefited from a surge in demand for AI cloud infrastructure globally, as tech companies rush to secure the hardware and cloud capacity needed to develop and run AI systems. The company has been investing heavily in its data-center footprint to cater to the demand.
Next year, sales are expected to grow by 59% to $80 billion with earnings surging by more than 80% to $13.87.
Applied Materials (AMAT), Lam Research (LRCX), and KLA (KLAC) sell machines used to manufacture and inspect processors and memory chips. Cloud providers purchase finished processors and memory for artificial intelligence data centers. Chip manufacturers may need more factory equipment when server ...
A quiet software release tied to SIGGRAPH 2026 may matter far more to NVIDIA's next decade than its blockbuster hardware lineup, and a single number buried in the announcement explains why investors should pay attention before August 26.
Investing.com -- Societe Generale told clients in a note on Tuesday that U.S. earnings strength is broadening beyond technology, and it expects the S&P 500 to reach 8,000, urging investors to "buy the momentum dip."
PSEG (PEG) delivered earnings and revenue surprises of +7.50% and -5.38%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
NRG (NRG) delivered earnings and revenue surprises of -10.24% and +27.02%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
ImmunityBio (IBRX) delivered earnings and revenue surprises of +11.11% and +5.76%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
The online home goods retailer beat Wall Street expectations on revenue and earnings as U.S. sales grew 8.7% year over year
Elon Musk is tying SpaceX and Tesla closer together, amid speculation of an eventual merger. Both stocks are up on Tuesday morning.
Investing.com -- Oppenheimer on Tuesday downgraded Walmart shares to Perform from Outperform on Monday and removed its $140 price target, citing a less compelling near-term case for the stock ahead of the retailer’s August 20 earnings report.
IREN now controls more of the stack between its data centers and customer workloads, extending its AI cloud platform into orchestration and enterprise support.
The Wall Street Journal reports on the impact the AI build-out and the AI-fueled stock rally is having on the U.S. economy. Together they helped account for roughly a third of recent U.S. economic growth, according to a report by Oxford Economics. “We have never seen a growth rate this high,” John-David Lovelock, a distinguished VP analyst at Gartner told the WSJ Leadership Institute.
By Nandan Mandayam Aug 4 (Reuters) - Caterpillar raised its annual revenue growth forecast after beating second-quarter profit estimates on Tuesday, benefiting from a buildout of AI data centers that
Full-year revenue guidance raised to $8.15 billion from $7.65 billion
Spotify Technology continues to grow its user base, hitting 777 million monthly active users at the end of June—but the cost of wooing and keeping customers is increasing as well. Its second-quarter operating expenses rose 19% from the prior-year period, excluding payroll tax-related expenses and currency movements.
Palantir's AI Growth Is Accelerating. Wall Street Just Raised Its Price Target
Hut 8’s revenue rose 81% but fell short of consensus, while cryptocurrency valuation losses drove a wider-than-expected GAAP loss.
Qnity Electronics, Inc. (NYSE:Q) reported second-quarter 2026 results that comfortably surpassed Wall Street expectations and raised its financial guidance for the full year, sending the company’s shares 10.
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