There is a number most people stop being able to picture once it gets past a billion. You can imagine a million dollars. You can almost imagine a billion. A trillion is already abstract. Five trillion, however, is folklore. That is the territory Nvidia (NVDA) is now operating in, and it is the part ...
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Goldman Sachs COO John Waldron called out inflation as "the single biggest risk element" to the economy on Thursday during a talk at the Bernstein Strategic Decisions Conference in New York.
The United States Postal Service said Thursday it reached a $10 billion deal to provide “last-mile” package delivery services for DHL eCommerce, an arm of German package services provider DHL. The USPS said in December it intended to open its last-mile delivery network to large and small shippers, expanding beyond current arrangements with Amazon and UPS. Postmaster General David Steiner said in a call with reporters that since the USPS delivers to 170 million locations six days a week, “we are the best last-mile provider by default.”
Investing.com -- Meta Platforms’ major push into subscription services across Instagram, Facebook, WhatsApp and Meta AI, a move that could generate billions of dollars in recurring revenue.
XPENG (NYSE:XPEV) said it expects a sharp rebound in second-quarter deliveries after a weaker first quarter, while management outlined a broader push to position the company around “physical AI” applications including advanced driver assistance, Robotaxis and humanoid robots. Co-founder, Chairman a
Diana Shipping (NYSE:DSX) reported a sharply higher first-quarter profit as the dry bulk shipowner benefited from improved charter rates, lower interest expense and an unrealized gain tied to its investment in Genco Shipping & Trading. Chief Executive Officer Semiramis Paliou said the dry bulk
Dell Technologies Inc (NASDAQ:DELL) shares rose about 7% on Wednesday after the US Department of Defense announced a five-year, approximately $9.7 billion enterprise software agreement involving Dell Federal Systems to provide and manage Microsoft-related software and cloud services for the US...
Anthropic on Thursday said it is launching an upgraded Claude Opus 4.8 model even as it works to release its powerful, market-moving Mythos model to all customers in the coming weeks. Mythos is the AI lab's large language model with advanced cybersecurity capabilities that have raised concerns among executives and world leaders about its impact. As a part of Project Glasswing, major tech firms such as Amazon, Microsoft and Apple are permitted to use Mythos for cybersecurity purposes.
Anthropic has debuted its new flagship AI model Opus 4.8.
Moby summary of Sono-Tek Corporation's Q4 2026 earnings call
Moby summary of REX American Resources Corporation's Q1 2026 earnings call
Moby summary of Hormel Foods Corporation's Q2 2026 earnings call
Moby summary of Diana Shipping Inc.'s Q1 2026 earnings call
Johnson & Johnson seems to have perfected the art of the biotech deal. Rather than spending billions on acquisitions, it has built much of its pharma empire through partnerships that capture huge upside for bargain prices.
Find insight on Ferrari, United Airlines, Singapore Airlines and more in the latest Market Talks covering the Auto and Transport sector.
The Google employee case is the second federal prosecution tied to alleged prediction market insider trading on Polymarket.
A senior TSMC executive said on Thursday that surging electricity demands from AI are making energy efficiency rather than computing power the main constraint shaping future computer chip development. Kevin Zhang, Senior Vice President of Business Development, said customers across smartphones to AI data centres are increasingly prioritising performance gains that do not drive up power use, as operators contend with the cost and availability of electricity. The shift is part of a broader turning point for the semiconductor industry, where simply packing more transistors onto chips is no longer enough to sustain performance gains for energy-hungry AI workloads.
Snowflake (SNOW) reported strong fiscal Q1 results and raised its fiscal 2027 guidance, driven by an
BlackRock, Inc. (NYSE: BLK) launched its spot U.S. exchange-traded fund (ETF) tied to Bitcoin (BTC) on Jan. 11, 2024. It was a historic moment for the crypto industry as the launch demonstrated the growing faith of Wall Street in digital assets. Several large players like Morgan Stanley (NYSE: MS) ...
Agilent Technologies stock surges as Wall Street approves of the company’s second-quarter earnings and guidance update.
Amazon is the biggest online retailer in the world. It’s made tens of billions of dollars in profit, and the company uses that cash to finance its businesses and projects for future earnings growth. Despite the massive take in earnings, the company hasn’t paid cash dividends to stockholders and has ...
Burlington Stores (NYSE:BURL) reported stronger-than-expected fiscal first-quarter results, with executives saying the off-price retailer benefited from broad-based comp growth, better markdown execution and supply chain productivity. Chief Executive Officer Michael O'Sullivan said the company deli
By Twesha Dikshit and Utkarsh Hathi May 28 (Reuters) - The S&P 500 and the Nasdaq rose on Thursday after a report said the U.S. and Iran had reached a deal, while investors also digested key inflation
Microsoft will unveil a suite of new homegrown AI models next week at its annual "Build" conference for developers in San Francisco, including a coding model to boost the usage of its GitHub Copilot tool, the Information reported on Thursday. Microsoft declined to comment on the report. • Microsoft shares climbed on the report, and were last up nearly 3%.
AppLovin has already become one of Wall Street’s more closely watched artificial-intelligence advertising stories. The company’s growth has been fast enough to raise a different question for investors: How much more can it squeeze out of mobile ads after such a large run? Morgan Stanley says the ...
(Updates with Union Pacific and Norfolk Southern comments in the second and third paragraphs and sto
The U.S. oil giant is in talks to resume pumping oil in the Latin American country after a 19-year exile, but plenty of hurdles remain.
Boston Scientific (BSX) shares fell Wednesday after Chief Executive Mike Mahoney's comments about fl
The federal Surface Transportation Board is seeking more information on the impact of combining Union Pacific and Norfolk Southern.