The software and cloud-computing company reported cloud revenue rose 47%, including a 92% increase in cloud infrastructure revenue.
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The extreme-value retailer saw traffic rise by nearly 20% in the first quarter, as the turnaround continues to impress.
US equity indexes were lower on Wednesday amid a semiconductor stock sell-off and after President Tr
By Caroline Valetkevitch and Joel Jose June 10 (Reuters) - The major U.S. stock indexes ended more than 1% lower on Wednesday, with chipmaker shares extending recent declines and with renewed tensions
By Caroline Valetkevitch and Joel Jose June 10 (Reuters) - All three major U.S. stock indexes were down more than 1% on Wednesday afternoon, with chipmaker shares extending recent declines and with
The hydrogen stock crashed amid fears of losing a contract, but there's a major plot twist.
The artificial intelligence software specialist's business has never grown faster. But the stock may still have a valuation problem.
Fundstrat's Sean Farrell explains why Bitcoin's painful selloff isn't over
A sideways selloff continued in early afternoon trading on Wednesday, but small-caps were holding their ground. The Nasdaq Composite was down 1.6% after falling about 1.7% at its low. The index was up 0.
FCEL's Q2 loss widens as service and generation softens, but more than $1.1B backlog and data-center pipeline surge keep focus on growth.
The reported layoffs come as cloud and data rules grow more complex between the U.S. and China.
Employees affected by the restructuring could have until May 2027 to secure new roles.
Shares of Qualcomm (NASDAQ:QCOM) are down 6% to $193 and change in midday trading Wednesday, while Arm Holdings (NASDAQ:ARM) stock is off 5% to $309.75. The moves come as mobile and edge-compute chip names lag the broader semiconductor tape. The iShares Semiconductor ETF (NASDAQ:SOXX) is down by 2.3% on the session, signaling that the weakness ... Qualcomm Drops 6%, Arm Holdings Falls 5% as Mobile-Chip Stocks Slide in the Selloff
Bullion fell below $4,175 as rising oil prices fueled inflation concerns and increased rate-hike risks.
As we head into summer, Americans are spending more money than ever. But they don’t seem to feel very good about it. In April 2026, consumer spending rose by $111 billion, according to the Bureau of Economic Analysis. But confidence in the economy hit two-year lows, with 65% of consumers telling ...
Tesla Full Self-Driving supervised driver assistance software has been authorised in Belgium, Annick De Ridder, the transport minister of Flanders region said on Wednesday in a post on X. The approval allows Tesla to roll out its technology after the company successfully carried out a series of tests in the country, she said. Belgium is the third country in the EU to do so after the Netherlands and Lithuania.
(Updates prices.) Gold traded at the lowest in more than six months early on Tuesday as the metal
The U.S. Attorney’s Office in D.C. subpoenaed JPMorgan, Bank of America and others as part of a probe into alleged debanking.
President Donald Trump said Wednesday the U.S. would resume attacks on Iran, after a Shahed drone downed a U.S. Apache helicopter. “We’re gonna be attacking them, attacking them very hard,” Trump told reporters, according to The Wall Street Journal. Defense stocks were down in midday trading.
Why did stocks sell off after a promising start? Rising energy prices and a presidential threat changed the market's mood.
A jury had found the two companies liable for designing platforms that harmed a young user and awarded $6 million in damages
The Strategy (Nasdaq: MSTR), née MicroStrategy, stock continued to decline on the price chart even days after the world's leading Bitcoin (BTC) treasury company announced its first BTC sale in years on June 1. The stock has lost 40% of its value over the past month and closed at $117.02 on ...
And they weren't alone in a stock setback.
Rivian (NASDAQ: RIVN) launched the vehicle that it has said for some time will be the key to its future. The R2 SUV is much less expensive than its current models. The base model (Launch Package) will cost about $58,000. The Rivian website put the price at $44,990. However, each is lower than Rivian’s two ... Rivian’s Most Important Product Launches And The Stock Falls Apart
In an investor presentation, Alcoa stated that it expects its Alumina segment to take an unfavorable hit of about $60 million in the second quarter.