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Intuit (NASDAQ:INTU) raised its full-year guidance and delivered third-quarter results ahead of expectations as the company continued to benefit from its AI-focused platform strategy. However, the financial software group also reduced its annual revenue outlook for TurboTax and announced plans to cut 17% of its workforce as part of a broader operational restructuring programme, sending the stock down more than 13% in premarket trading on Thursday.

(Bloomberg) -- Deere & Co. reiterated its annual profit outlook Thursday as gains in construction and forestry helped to offset a still-slumping agricultural economy.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical Investors AI Is Ready to Go MainstreamUS Treasuries Rebound on Optimism for US-Iran Deal ProgressTh

Stocks were on track to rise Thursday as investors digested strong results from artificial intelligence chip maker Nvidia and hoped for progress in the peace talks between the U.S. and Iran. The three major indexes snapped a three-session losing streak on Wednesday after President Donald Trump said the U.S. was in the final stage of negotiations with Iran to end the war in the Middle East. Moves early Thursday suggest that the market has concluded that Nvidia’s first-quarter earnings were good, but not good enough to keep the AI rally going.

Sterling Infrastructure (STRL) is back in focus after filing a broad Form S-3 shelf registration covering common and preferred stock, debt, warrants, depositary shares, and units. This filing provides the company with flexible access to future financing. See our latest analysis for Sterling Infrastructure. After a sharp run that produced a 59.02% 1 month share price return and a very large 1 year total shareholder return, Sterling Infrastructure has hit some volatility, with the recent S 3...

13 of Strategy's top 15 institutional shareholders added to MSTR in Q1, lifting combined stakes 27% during the drawdown.

AT&T (T) filed a lawsuit against California to stop offering traditional copper-wire telephone servi

(Bloomberg) -- Jamie Dimon said interest rates may climb much higher from current levels, a warning to bond investors at a time when yields have touched multi-year highs. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockSpaceX Shows $4.3 Billion Loss as Musk Targets Record IPOIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical Investors AI Is Ready to Go Mainstrea

On Wednesday, Sen. Bernie Sanders (I-Vt) raised concerns about artificial intelligence and job security after Meta Platforms, Inc. (NASDAQ:META) laid off roughly 8,000 employees while accelerating its multibillion-dollar AI expansion. Meta Layoffs Spark AI Job Loss Debate In a post on X, Sanders criticized the company's workforce cuts and questioned how AI could affect workers across the broader economy. "Today, Meta is firing thousands of workers to replace them with AI," Sanders wrote. "If Mar

(Bloomberg) -- The windfall earned by Asian chip makers is coursing through the world economy, mirroring on a global scale the circular flow of money within the AI ecosystem.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockSpaceX Shows $4.3 Billion Loss as Musk Targets Record IPOIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical Investors AI Is Ready to Go Mainst

(Bloomberg) -- Oil inched higher after plummeting on Wednesday, as President Donald Trump said the US is in the “final stages” with Iran.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockSpaceX Filing Reveals $4.28 Billion Loss, Musk’s Tight GripIran Threatens to Retaliate Beyond Middle East If US AttacksHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranBrent neared $106 a barrel af

Meta, Oracle, Amazon, and Coinbase have all made major layoffs as tech-sector job cuts surge past 111,000 for the year, per Layoffs.fyi.

Google will invest $15 billion in a new Missouri data center campus tied to grid expansion and workforce development.

Google will invest $15 billion in a new Missouri data center campus tied to grid expansion and workforce development.

SanDisk co-founder and now Micron Technology CEO Sanjay Mehrotra once pointed to a defining childhood moment in which his father's persistence after repeated visa denials helped change the course of his life. Three Visa Rejections Before A Turning Point In...

LyondellBasell Industries (LYB) is back in focus after recent share price swings, prompting investors to reassess what the latest performance metrics, including returns over the past month and past 3 months, might imply for the stock. See our latest analysis for LyondellBasell Industries. Recent moves have been choppy, with a 1 day share price return of 2.38% and a 7 day share price return of 3.31%. However, a 30 day share price return of 3.97% and a 90 day share price return of 28.86% show...

By Gregor Stuart Hunter SINGAPORE, May 21 (Reuters) - Stocks rose on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended

If you are wondering whether Accenture's current share price offers value or just more volatility, starting with a clear view of where the stock sits today can help you frame the opportunity and the risks. Accenture last closed at US$179.22, with the stock up 12.3% over the past week but down 8.1% over the past month, 31.1% year to date and 42.1% over the last year. Those moves sit against a backdrop of ongoing interest in large IT services providers, where investors are weighing long term...

CVS Health (NYSE:CVS) has been hit with two lawsuits from major hospital systems tied to the federal 340B drug discount program. The University of Kansas Hospital Authority and the University of Michigan Hospitals and Health Centers allege CVS Health improperly profited from 340B discounts. Combined claimed damages exceed $60 million, raising legal, financial, and reputational questions for the company. CVS Health comes into this legal pressure with its shares at $93.28 and a return of...

US stock futures fell after Nvidia earnings failed to wow investors, and SpaceX took a big step toward its IPO.

US stock futures fell after Nvidia earnings failed to wow investors, and SpaceX took a big step toward its IPO.

US stock futures fell after Nvidia earnings failed to wow investors, and SpaceX took a big step toward its IPO.

In mid-May 2026, a proposed class-action lawsuit was filed in federal court in Seattle alleging Amazon unlawfully passed on later-invalidated IEEPA tariffs to customers on imported goods bought between February 2025 and February 2026, while separate investor advocates urged votes against four Amazon directors over the exclusion of shareholder proposals on issues including AI governance. At the same time, Amazon is pushing deeper into AI-enabled cloud and logistics with rapid expansion of its...

The tech industry has been a harsh place for workers this year, as major companies continue to cut jobs, while promising investors a more AI-driven future and a leaner, simpler company structure. For employees, this shift has created a continuous sense of instability. And while layoffs may have ...

Nvidia stock fell late despite strong earnings. Elon Musk's SpaceX released its filing for a mammoth IP. Stocks rallied Wednesday as oil prices dived on Iran hopes.

Meta began laying off roughly 8,000 employees Wednesday -- about 10 percent of its global workforce -- as co-founder and Chief Executive Mark Zuckerberg pushes to redirect resources toward an ambitious artificial intelligence agenda.In a memo to staff Wednesday, posted by Business Insider, Zuckerberg expressed thanks to departing employees and sought to reassure those remaining.

In the latest trading session, NetApp (NTAP) closed at $118.96, marking a -1.35% move from the previous day.

Earlier this month, Starbucks unveiled its 2026 summer menu, featuring returning fan-favorites, new beverage innovations, expanded customization options, and a limited-time merchandise collection to drive seasonal demand. Although summer officially begins on June 21 this year, Starbucks has ...

Meta Platforms is beginning a multi-batch layoff program on May 20, 2026, expected to initially affect about 10% of its workforce, as the company accelerates its pivot toward AI, robotics, and massive infrastructure spending of $125–145 billion in 2026.

US stocks rebounded Wednesday as traders parsed minutes of the Federal Reserve's latest monetary pol

Financial software firm Intuit late Wednesday beat expectations for its fiscal third quarter and with its Q4 guidance.