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Stocks to Watch: Meta, Adidas, Apple, Shell
The Wall Street Journal17d agoneutral
Stocks to Watch: Meta, Adidas, Apple, Shell

↘️ Adidas (XE:ADS): Shares of the German sportswear company tumbled 17% after it reported lower-than-expected earnings and higher marketing costs tied to the FIFA World Cup. ↗️ Microsoft (MSFT): Shares jumped more than 8% premarket after the company reported a 31% jump in profit late yesterday.

Even $64 Billion in Quarterly Profit Is a Disappointment for Chip Investors
The Wall Street Journal17d agoneutral
Even $64 Billion in Quarterly Profit Is a Disappointment for Chip Investors

SEOUL—One of the world’s biggest memory-chip makers reported a record $64 billion quarterly profit on Wednesday—and its stock price still fell nearly 10%. Welcome to the most fickle of stock markets, where earnings that would have been unthinkable a year or two ago are now treated as a disappointment. SK Group, which controls SK Hynix, announced a $500 billion partnership with Nvidia for next-generation memory supply and AI data centers, giving details about an agreement reached earlier.

Trucking Earnings: Why UPS Is Falling Behind in a Robust Market
FreightWaves17d agobearish
Trucking Earnings: Why UPS Is Falling Behind in a Robust Market

SummaryView Transcript While the freight market shows resilience, UPS earnings paint a different picture, raising questions about Amazon’s impact and the carrier’s restructuring. Meanwhile, truck OEMs like PACCAR are reporting strong performance, indicating robust demand and favorable pricing ahead. Christopher Versace breaks down the Q2 earnings season in logistics and transportation. UPS stock sold off […] The post Trucking Earnings: Why UPS Is Falling Behind in a Robust Market appeared first

Big Tech earnings meet IPO buzz: What to watch Thursday
Yahoo Finance Video17d agoneutralVIDEO
Big Tech earnings meet IPO buzz: What to watch Thursday

Asking for a Trend Host Josh Lipton previews the biggest market catalysts for Thursday, July 30, including highly anticipated earnings from Apple (AAPL) and Amazon (AMZN) as well as the expected IPO debuts of Jersey Mike's and Reformation.

Arm forecasts quarterly revenue above estimates on AI-driven chip demand
Reuters17d agoneutral
Arm forecasts quarterly revenue above estimates on AI-driven chip demand

Arm Holdings forecast second-quarter revenue above Wall Street estimates on Wednesday, signaling strong demand for ‌its energy-efficient chip designs for AI data centers. Demand for Arm's chip architecture has ‌surged as companies like Alphabet and Amazon.com build custom AI chips, boosting the company's licensing revenue and ​royalties as more complex chips are shipped to data centers. Revenue from royalties, which Arm collects on each chip shipped using its technology, rose 22% to $715 million in the first quarter, while licensing revenue grew 23% to $574 million.

Amazon just made a major move to reshape its entire AI strategy
TheStreet18d agoneutral
Amazon just made a major move to reshape its entire AI strategy

Amazon launched its Nova family of AI models at re:Invent in December 2024 with much fanfare: Nova Premier, Nova Omni, Nova Reel, Nova Canvas. The pitch was that Amazon was building affordable, capable alternatives to the models from OpenAI, Anthropic, and Google. It was a broad lineup designed to ...