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Memory stocks were the hottest trade of 2026 until they weren't. In the span of a few weeks, one of the market's best-performing sectors flipped into a bear market. Micron (MU), Samsung, and SK Hynix (SKHY) all fell more than 20% from their late-June highs, and the Roundhill Memory ETF went ...
By Junko Fujita TOKYO, July 24 (Reuters) - Japan's Nikkei share average fell more than 2% on Friday, as a sharp decline in Google parent Alphabet shares spurred concerns about heavy AI spending.
Markets were primarily focused on earnings from major companies, alongside rising oil prices due to the continued tensions between the U.S. and Iran.
SEOUL, July 24 (Reuters) - South Korea's financial regulator said on Friday it is bringing forward the implementation of increased deposit requirement for retail investors to trade single-stock
Wall Street still rates the iPhone maker a buy. Its own numbers say the stock has already arrived.
HP has had an impressive run over the past six months as its shares have beaten the S&P 500 by 20.7%. The stock now trades at $25.12, marking a 29.3% gain. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Rollins (NYSE:ROL) reported second-quarter 2026 results that management said fell short of expectations, as slower growth in parts of its residential pest control business offset stronger performance in commercial, termite and ancillary services. President and CEO Jerry Gahlhoff said the weakness w
RingCentral (NYSE:RNG) reported second-quarter 2026 results that exceeded the high end of its guidance across revenue, operating margin and free cash flow metrics, while management highlighted growing adoption of its artificial intelligence products and announced an increase to the company’s quarter
Robert Half (NYSE:RHI) reported second-quarter 2026 revenue and earnings above the midpoint of its guidance, as management pointed to improving hiring demand in its Talent Solutions business but continued pressure at consulting subsidiary Protiviti from changes in the U.S. financial services regulat
Xi confidant leads fevered effort for domestic alternatives to win AI race. Chinese AI companies get warned that anyone who resisted using local chips was a traitor.
As the global benchmark topped $100, stocks slumped and Treasury yields hit their highest levels of President Trump’s second term.
Record $1 trillion in Index AUM and $86 billion SpaceX IPO drive strong results.
Revenue surged 23% YoY to $3.49B, driven by AI data center and industrial demand.
CEO transition announced as AI services hit 8.2% of revenue with double-digit growth.
Wireless growth hits record highs as Peacock turns profitable for first time.
Record quarterly revenue and volume growth offset by fuel headwinds.
AI cloud orders hit 2.8 billion euros amid optical growth.
Although the revenue and EPS for Newmont (NEM) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Organic sales grew 4% as orders surged 16%, with backlog up 9% year over year.
Netflix revolutionized home cinematic viewing, first with its DVD subscription service, then with the rollout of its online streaming service. With hundreds of millions of subscribers globally, Netflix is one of the dominant streaming providers in the world, and its stock price has reflected its ...
Bond investors are looking for significantly higher yields on the latest $12bn Meta-backed data centre deal compared with the terms secured just...
Pacific Gas & Electric (NYSE:PCG) reaffirmed its 2026 earnings guidance and longer-term financial plan on its second-quarter earnings call, while executives emphasized that California wildfire liability reform remains a critical factor for the utility’s capital plans and path to investment-grade
Newmont (NYSE:NEM) said it remains on track to meet its full-year 2026 guidance after reporting a stronger-than-expected second quarter, supported by stable operations, higher realized gold prices and disciplined cost control across its global mining portfolio. President and CEO Natascha Viljoen sa
AMDsigned a multibillion-dollar chip and investment deal with Anthropic on Wednesday, July 22, its second major AI infrastructure agreement in three days. Two days earlier, AMD’s Azure deal with Microsoft sent shares up as much as 5%. This time, AMD shares fell 2.5% in premarket trading, according ...
Lenders had shunned the category just a few years ago, with investors and analysts warning of a wave of defaults.
Fintech giant Stripe and private equity firm Advent International are weighing their next move after PayPal rejected their $53-billion buyout offer, even as Stripe pursues a potential $10-billion acquisition of AI marketplace OpenRouter.
Over the past six months, Revolve’s stock price fell to $25.36. Shareholders have lost 13.3% of their capital, which is disappointing considering the S&P 500 has climbed by 8.6%. This might have investors contemplating their next move.
Tesla shares sank heavily after reporting quarterly earnings.
While other tech giants spend on AI data centers, Big Blue aims to keep selling mainframes and pour profits into quantum computing.
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