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Alibaba, Tencent AI Bets Face ‘Show Me the Profits’ Scrutiny
Bloomberg116d agoneutral
Alibaba, Tencent AI Bets Face ‘Show Me the Profits’ Scrutiny

(Bloomberg) -- Chinese investors are heading into the earnings season demanding proof that billions in AI spending by tech giants is paying off.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyMamdani Scraps Property Tax Hike, Counts Second-Home RevenueIran Makes New Offer on Uranium in Response to US, WSJ SaysThat spotlight will fall on Alibaba Group Holding Ltd. and Tencent Holdings Ltd. whe

Nvidia CEO joins Trump's mission to 'open up' China
Reuters116d agoneutral
Nvidia CEO joins Trump's mission to 'open up' China

BEIJING/SEOUL, May 13 (Reuters) - U. President Donald Trump picked up Nvidia CEO Jensen Huang in Alaska en route to a high-stakes Beijing summit with China's Xi Jinping, while his top trade negotiator Scott Bessent began preparatory talks with Chinese officials in South Korea.

Memory Crunch Deepens Chasm Between Stock Winners and Losers
Bloomberg116d agoneutral
Memory Crunch Deepens Chasm Between Stock Winners and Losers

(Bloomberg) -- The worsening shortage in global memory chips due to the artificial intelligence buildout is driving a widening gulf in corporate results and stock performances.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyMamdani Scraps Property Tax Hike, Counts Second-Home RevenueIran Makes New Offer on Uranium in Response to US, WSJ SaysShares of memory makers Micron Technology Inc. and S

Bank of America revamps Intel stock price target
TheStreet116d agoneutral
Bank of America revamps Intel stock price target

Intel (INTC) stock closed the May 11 trading session at $129.44. That means it has gained 93.8% since April 23, according to Yahoo Finance. Meanwhile, the SPDR S&P 500 index (SPY) is up about 4.3% in the same period. Why is Intel outpacing the S&P 500 so much, and why that specific period? ...

Meta Opens WhatsApp To Rival AI Chatbots In Europe To Avoid Massive EU Antitrust Fine And Regulatory Crackdown
Benzinga116d agoneutral
Meta Opens WhatsApp To Rival AI Chatbots In Europe To Avoid Massive EU Antitrust Fine And Regulatory Crackdown

Meta Platforms, Inc. (NASDAQ:META) is temporarily granting competing AI chatbot developers free access to WhatsApp in Europe as it seeks to resolve escalating antitrust concerns from EU regulators and avoid potentially billions in penalties. Meta Makes Temporary WhatsApp Concession Amid EU Pressure The company said Tuesday that general-purpose AI chatbots operating in the European Economic Area will receive free access to WhatsApp's Business API for one month while discussions with the European

Upexi Q3 Earnings Call Highlights
MarketBeat116d agoneutral
Upexi Q3 Earnings Call Highlights

Upexi (NASDAQ:UPXI) reported higher fiscal third-quarter revenue but a large net loss tied primarily to unrealized losses on its Solana holdings, as management said a weak crypto market weighed on both token prices and industry valuation multiples during the quarter ended March 31, 2026. Chief Exec

CoreWeave CEO sends blunt message to Nvidia stock investors
TheStreet116d agoneutral
CoreWeave CEO sends blunt message to Nvidia stock investors

Nvidia (NVDA) stock investors have laughed all the way to the bank over the past three years, as the company has crushed the AI chip space. CoreWeave (CRWV) CEO Michael Intrator, however, just laid out why that incredible level of dominance requires consistent defense. In a recent CNBC ...

History of Boeing: Company timeline and facts
TheStreet116d agoneutral
History of Boeing: Company timeline and facts

If you love air travel and the companies that made history in the not-so-friendly skies, get to know Boeing, the biggest aircraft manufacturer of them all. The aerospace giant is one of the significant success stories in U.S. corporate history, with a background steeped in aviation business and ...

QuickLogic Q1 Earnings Call Highlights
MarketBeat116d agoneutral
QuickLogic Q1 Earnings Call Highlights

QuickLogic (NASDAQ:QUIK) reported higher first-quarter fiscal 2026 revenue and reiterated expectations for strong full-year growth, as management highlighted progress in radiation-hardened FPGA products, embedded FPGA intellectual property and chiplet-related opportunities. President and Chief Exec

Bitcoin, Dogecoin Flat, While Ethereum, XRP Sink Amid Hotter-Than-Expected Consumer Inflation: Analyst Sees No BTC 'Exhaustion,' Targets This Range
Benzinga116d agoneutral
Bitcoin, Dogecoin Flat, While Ethereum, XRP Sink Amid Hotter-Than-Expected Consumer Inflation: Analyst Sees No BTC 'Exhaustion,' Targets This Range

Leading cryptocurrencies struggled alongside major stock indexes on Tuesday after consumer inflation rose more than expected in April. Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:15 p.m. EDT)Bitcoin (CRYPTO: BTC)-0.59%$80,908.89Ethereum (CRYPTO: ETH) -1.62%$2,288.88XRP (CRYPTO: XRP) -2.15%$1.44Solana (CRYPTO: SOL) -2.26%$94.99Dogecoin (CRYPTO: DOGE) +0.08%$0.1112 Crypto Market Stagnates Bitcoin dived below $80,000 during the afternoon, but recouped gains late in the evening. $82,000. Eth

Nvidia's Jensen Huang joins Trump's China visit
Reuters116d agoneutral
Nvidia's Jensen Huang joins Trump's China visit

Nvidia CEO Jensen Huang has joined over a dozen U.S. CEOs on ‌President Donald Trump's visit to China this week. Trump called Huang last-minute ‌on Tuesday after seeing media coverage that he was not invited, according to one source ​familiar with the matter. Huang was seen by White House reporters boarding Air Force One in Alaska, joining Trump on his flight to China.

Nextpower Q4 Earnings Call Highlights
MarketBeat116d agoneutral
Nextpower Q4 Earnings Call Highlights

Nextpower (NASDAQ:NXT) reported a strong finish to fiscal 2026, with executives pointing to record backlog, growth in its core solar tracker business and a broader push into power plant technology as key themes for the year ahead. Chief Executive Officer and Founder Dan Shugar said the company deli

Samsung Elec regrets collapse of pay talks with union, says to continue dialogue
Reuters116d agoneutral
Samsung Elec regrets collapse of pay talks with union, says to continue dialogue

Samsung Electronics said on Wednesday ‌it regretted the collapse ‌of pay deal talks with its ​South Korean union, flagging concerns that it could heighten anxiety among employees, shareholders ‌and the ⁠public. The company said it would continue efforts ⁠to prevent a worst-case scenario through what it ​described as "sincere ​dialogue" ​with the union. The ‌union leader said earlier on Wednesday that it failed to reach a pay deal with the company, ‌warning that more ​than 50,000 workers ​could ​go ahead with ‌a full strike for ​18 ​days from May 21 that threatens to disrupt ​production ‌of AI and other chips.

Caution Ahead: Will SpaceX Be the Next Figma IPO?
etf.com116d agoneutral
Caution Ahead: Will SpaceX Be the Next Figma IPO?

<p>Active fixed income continues to grow while passive equity investors may be biting off more than they care to chew in the coming months should SpaceX make it into benchmark indices post-IPO. Don’t miss this riveting <em>ETF Zoo </em>episode that covers everything from the Corgi cannon of ETF launches to the value of a cockroach portfolio in today’s markets. </p>

Micron flashes investors rare technical signal
TheStreet116d agoneutral
Micron flashes investors rare technical signal

Earlier on May 12, I wrote about SanDisk (SNDK) hitting 80 relative strength index, or RSI, one of the most extreme overbought readings in the stock market. The AI memory trade, I noted, was running at a pace that rarely ends quietly. Then Micron (MU) showed up with its own flashing signal too. ...

Beachbody Q1 Earnings Call Highlights
MarketBeat116d agoneutral
Beachbody Q1 Earnings Call Highlights

Beachbody (NASDAQ:BODI) reported first-quarter 2026 results that management said extended the company’s financial turnaround, with revenue above guidance and a third consecutive quarter of profitability on both a net income and operating income basis. Executive Chairman Mark Goldston said total rev