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Oil Rises After Three-Day Drop With Iran-US Talks in Focus
Bloomberg102d agoneutral
Oil Rises After Three-Day Drop With Iran-US Talks in Focus

(Bloomberg) -- Oil rose after three days of declines, as statements by Iran on uranium and the Strait of Hormuz pared earlier optimism over progress in the negotiations with the US. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz Toll SystemDow Average Climbs to Record on US-Iran Deal Hopes:

Progress in Iran Talks Undercut Over Uranium, Hormuz Tolls
Bloomberg102d agoneutral
Progress in Iran Talks Undercut Over Uranium, Hormuz Tolls

(Bloomberg) -- Iran said the latest proposal from the US partly bridged the gap between the warring sides, but comments from the Islamic Republic’s supreme leader about keeping Tehran’s uranium stockpile and a dispute over tolls in the Strait of Hormuz clouded the outlook for a breakthrough. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian St

Lam Research focused on adding AI to chipmaking tools as it eyes US expansion, CEO says
Reuters102d agoneutral
Lam Research focused on adding AI to chipmaking tools as it eyes US expansion, CEO says

Lam Research is focused on adding sensing and AI capabilities to its semiconductor manufacturing tools to make them more productive ‌as it plans expanded operations in Arizona and California, its chief executive told Reuters ‌on Thursday. Shares of Lam, which supplies chipmakers such as Micron Technology and Taiwan Semiconductor Manufacturing Co, have risen more than ​75% this year as huge demand for AI chips has spurred customers to buy more tools. Lam CEO Tim Archer said in an interview that the company's strategic focus over the next two years would be to equip those tools with more sensors that generate data that can be analyzed ‌by AI systems to spot problems ⁠and inefficiencies early.

Texas sues Meta, WhatsApp over encryption privacy claims
Reuters102d agoneutral
Texas sues Meta, WhatsApp over encryption privacy claims

The Texas Attorney General’s Office on Thursday sued WhatsApp and its parent company Meta ‌Platforms Inc alleging they misled consumers about the strength and ‌scope of WhatsApp's encryption measures, which a Meta spokesman denied. The lawsuit in Harrison County ​court says WhatsApp and Meta falsely assure users that WhatsApp messages are encrypted despite having access to “virtually all” private communications on the messaging app. “WhatsApp markets its services as secure and encrypted, but it does not ‌deliver on those promises,” ⁠Texas Attorney General Ken Paxton said in a statement.

IPO Mania: SpaceX On Deck
Zacks102d agoneutral
IPO Mania: SpaceX On Deck

SpaceX will be the talk of the town for weeks to come, with its IPO reflecting the largest in history.

Intuit CEO reveals shocking news about AI agents
TheStreet102d agoneutral
Intuit CEO reveals shocking news about AI agents

Intuit (INTU) stock just dropped 20% on May 21 as of 1:24 PMET, but management’s latest comments suggest something much bigger is happening beneath the surface for the software industry. CEO Sasan Goodarzi said Intuit’s AI agents are already powering recommendations across the business, with AI now ...

Waymo suspends freeway rides, pauses Atlanta operations amid safety fixes
Reuters102d agoneutral
Waymo suspends freeway rides, pauses Atlanta operations amid safety fixes

Alphabet's Waymo said on Thursday it has suspended its robotaxi service on freeways ‌in the United States and paused its operations ‌in Atlanta, Georgia as it updates software to improve performance around ​construction zones and flooded roadways. The suspension comes as Waymo, which has been growing its robotaxi operation slowly and steadily for years in the U.S., has quickened the pace of ‌expansion, as others, ⁠including Tesla and Amazon's Zoox, step up their push in the sector. "We have temporarily paused ⁠freeway operations, as we work to integrate recent technical learnings into our software and expect to resume these routes ​soon," ​a Waymo spokesperson said in ​an email.

Zoom Communications Q1 Earnings Call Highlights
MarketBeat102d agoneutral
Zoom Communications Q1 Earnings Call Highlights

Zoom Communications (NASDAQ:ZM) reported a stronger-than-expected start to fiscal 2027, with executives pointing to enterprise demand, artificial intelligence adoption and customer experience products as key contributors to the quarter’s performance. On the company’s first-quarter fiscal 2027 earni

Webull Q1 Earnings Call Highlights
MarketBeat102d agoneutral
Webull Q1 Earnings Call Highlights

Webull (NASDAQ:BULL) reported first-quarter revenue growth of 36% year over year, as higher trading activity across equities, options and newer asset classes helped offset a more volatile market backdrop and heavier marketing spending. The digital brokerage generated total revenue of $159.9 million

Trump Admin to Invest $2 Billion in Quantum Computing Firms, Take Equity Stakes
The Fiscal Times102d agoneutral
Trump Admin to Invest $2 Billion in Quantum Computing Firms, Take Equity Stakes

<p>The Trump administration plans to invest $2 billion in nine companies in the field of quantum computing, the U.S. Department of Commerce said Thursday. As with previous U.S. investments under Trump in firms including Intel and US Steel, the federal government will receive minority ownership stakes in the companies in return for the investments. </p> <p>Industrial technology giant IBM will receive $1 billion, the largest investment overall. IBM

Webull (BULL) Q1 2026 Earnings Call Transcript
Motley Fool102d agoneutral
Webull (BULL) Q1 2026 Earnings Call Transcript

Today's presentation will include a discussion on adjusted operating expenses, adjusted operating profit and adjusted net income. Revenue grew 36% year over year to $160 million Customer assets reached $24 billion up 90% year over year.

Take-Two (TTWO) Q4 2026 Earnings Transcript
Motley Fool102d agoneutral
Take-Two (TTWO) Q4 2026 Earnings Transcript

Strauss Zelnick, Take-2's Chairman and Chief Executive Officer; Karl Slatoff, our President; and Lainie Goldstein, our Chief Financial Officer. Fiscal 27 is poised to be a breakout year for Take-2, led by the November 19 release of Grand Theft Auto VI arguably the most anticipated entertainment property of all time, and we are excited that Rockstar Games will start their marketing campaign this summer.

Deckers (DECK) Q4 2026 Earnings Transcript
Motley Fool102d agoneutral
Deckers (DECK) Q4 2026 Earnings Transcript

On the call is Stefano Caroti, President and Chief Executive Officer and Steven J. Fasching, Chief Financial Officer. Deep consumer connections, meaningful runways for growth and expansion across head to toe categories channels and regions.

Bank of America resets Nvidia stock price target after earnings
TheStreet102d agoneutral
Bank of America resets Nvidia stock price target after earnings

Nvidia (NVDA) started as a video game chipmaker. It invented the term Graphics Processing Unit (GPU). Used the crypto boom to its advantage. And it is now the king of AI, thanks to its CUDA software moat. The stock is down 2.34% at $218.23 at the time of writing, Thursday morning, May 21, according ...

Deckers Outdoor Q4 Earnings Call Highlights
MarketBeat102d agoneutral
Deckers Outdoor Q4 Earnings Call Highlights

Deckers Outdoor (NYSE:DECK) reported record fiscal 2026 revenue and earnings as growth at HOKA and UGG continued to offset a more volatile macroeconomic backdrop, with management outlining plans for high single-digit annual revenue growth through fiscal 2030. On the company’s fourth-quarter earning

Workday Q1 Earnings Call Highlights
MarketBeat102d agoneutral
Workday Q1 Earnings Call Highlights

Workday (NASDAQ:WDAY) reported first-quarter fiscal 2027 results that executives said reflected renewed momentum in new annual contract value growth, continued customer expansion and early traction for the company’s artificial intelligence products. Chief Executive Officer Aneel Bhusri, who recentl

Take-Two Interactive Software Q4 Earnings Call Highlights
MarketBeat102d agoneutral
Take-Two Interactive Software Q4 Earnings Call Highlights

Take-Two Interactive Software (NASDAQ:TTWO) reported a stronger-than-expected finish to fiscal 2026 and issued an initial fiscal 2027 outlook calling for record net bookings, driven by the planned Nov. 19 release of Grand Theft Auto VI. Chairman and Chief Executive Officer Strauss Zelnick said the

Ross Stores Q1 Earnings Call Highlights
MarketBeat102d agoneutral
Ross Stores Q1 Earnings Call Highlights

Ross Stores (NASDAQ:ROST) reported what executives described as an exceptional first quarter, with comparable sales rising 17% and earnings per share increasing 37%, as the off-price retailer benefited from higher traffic, broader customer acquisition and strong execution across merchandise categori

Deere Earnings: What To Look For From DE
StockStory102d agoneutral
Deere Earnings: What To Look For From DE

Agricultural and construction machinery company Deere (NYSE:DE) will be announcing earnings results this Thursday before market open. Here’s what to look for.

Ross Stores ROST Q1 2026 Earnings Transcript
Motley Fool102d agoneutral
Ross Stores ROST Q1 2026 Earnings Transcript

Joining me on our call today are Michael J. Hartshorn, Group President and Chief Operating Officer William Sheehan, Executive Vice President and Chief Financial Officer and Connie Kao, Senior Vice President, Investor Relations. First quarter 26 operating margin expanded 120 basis points to 13.4% compared to last year's 12.2% significantly exceeded our expectations.

Zoom raises annual forecasts, banks on AI features to drive demand
Reuters102d agoneutral
Zoom raises annual forecasts, banks on AI features to drive demand

Zoom Communications raised its annual revenue and profit forecasts on Thursday, ‌betting on strong demand for its ‌AI features as the video conferencing platform looks to shore ​up enterprise and consumer spending. Shares of the company were up more than 7% in extended trading. Zoom has been extensively integrating AI tools, including ‌agents and companions, ⁠into its video meeting and communication services, to boost its appeal and ⁠attract more enterprise customers.

Canadian regulator triples US streamers' financial contributions to Canadian content
Associated Press102d agoneutral
Canadian regulator triples US streamers' financial contributions to Canadian content

Large online streaming services must contribute 15% of their Canadian revenues to Canadian content, the country's federal broadcast regulator said Thursday. The CRTC made the decision as part of its implementation of the Online Streaming Act, which the U.S. has identified as a trade irritant ahead of trade negotiations with Canada. “The total contributions are expected to stabilize the funding at more than $2 billion in support of Canadian and Indigenous content, such as French-language content and news,” the regulator said in a press release.