A new report out from the Federal Reserve on Friday says risks to the financial system from private credit "appear limited and manageable."
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Cloud revenue is just one part of the story for both tech giants.
Goldman Sachs just spotted a problem that’s hiding inside a remarkably good earnings figure. According to Seeking Alpha, S&P 500 companies apparently posted a blowout Q1 earnings figure, where growth neared 25%. However, Goldman Sachs said the figure was boosted by investment gains at Amazon ...
By Jonathan Stempel May 8 (Reuters) - Nike was sued on Friday by consumers who accused the athletic apparel and footwear maker of not refunding tariff-related costs it passed on in the form of higher
(Bloomberg) -- Anthropic PBC has signed a $1.8 billion computing deal with cloud services provider Akamai Technologies Inc. to meet surging demand for its artificial intelligence software, according to people familiar with the matter.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS Fires on Iranian Targets as Trump Demands Deal From TehranIran’s President Says He Had Meeting With In
Robert Thomson: Thank you, Mike. News Corp has again delivered resounding results this quarter, indeed marking the 12th straight quarter of profitability growth on a continuing operations basis. For the third quarter of fiscal 2026, our total revenue rose 9% to $2.2 billion, while total segment EBITDA increased a handsome 18% to $343 million, and the overall margin expanded from 14.4% to 15.7%.
FIGS is off to an incredible start to the year, sustaining last year's strong momentum with broad-based strength across all aspects of our business. Net revenues exceeded expectations, growing 28% year-over-year, driven by accelerating active customer growth. Importantly, this performance was driven by continued strength in our core U.S. e-commerce business even as our market expansion drivers of international community hubs and teams continue to scale.
Following AMD’s strong earnings and upgraded server CPU outlook, Intel is seeing renewed Wall Street optimism around its foundry progress and CPU pricing power.
The $1.2 trillion fund manager has already added assets totaling more than half the amount it collected in all of last year.
Pagaya Technologies (NASDAQ:PGY) reported first-quarter 2026 results that marked its fifth consecutive quarter of GAAP profitability, while management emphasized disciplined underwriting, continued partner onboarding momentum, and a funding strategy designed to remain flexible amid market volatility
Back in the 1980s and 1990s, every community had a local sneaker shop that sold all the major brands. These stores provided a necessary service because while you could buy sneakers at mall-based stores and department stores, those retailers lacked the one-on-one service offered at the local level. ...
Shares of Monster Beverage surged 15% after it posted a better quarter than Wall Street expected, just a day after rival Celsius delivered a better-than-expected earnings report.
PLUG heads into Q1 results with growth in services and hydrogen revenues, but rising costs and forex headwinds may pressure margins.
Investing.com -- Wall Street has risen to new record highs on Friday, bouncing back from losses in the prior session, boosted by a jump in chip stocks and a stronger-than-expected April U.S. jobs report.
Power infrastructure, land, data centers—these take years to permit, finance, and build. This quarter, we demonstrated what disciplined execution against it looks like at a global scale. In AI infrastructure, secured power is only valuable if it can be converted into customer-ready compute.
Investing.com -- Dell Technologies Inc (NYSE:DELL) shares soared to record heights Friday as the Texas-based hardware giant benefited from a public endorsement by the White House. During an event at the executive mansion, President Donald Trump urged the American public to "go out and buy" Dell computers to support domestic industry. Shares soared as high as 14.6%, hitting an all-time record of $263.99/share, before paring gains slightly to 12%. The presidential endorsement follows a massive $6.
Kunlunxin is pursuing a Shanghai STAR Board IPO alongside its separate Hong Kong listing plan.
(Bloomberg) -- Apollo Global Management Inc. and Blackstone Inc. are among private credit lenders involved in talks with chipmaker Broadcom Inc. over a roughly $35 billion financing, the latest indication that companies are mobilizing all sources of capital to fund the AI build-out. Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS Fires on Iranian Targets as Trump Demands Deal From
This option trade on Nvidia offers a healthy annualized return and multiple ways to make it a success.
Franchises are a ubiquitous part of the country’s retail landscape. Take this quiz to test your knowledge about them.
“There’s no way my dad and my mom paid enough into Medicare to cover my dad’s six months in long-term critical care.”
Bank of America raised its price objective on Arm Holdings after the chip-design company posted a stronger March quarter, but the firm stopped short of turning more bullish on the stock as investors continue to price in a larger artificial-intelligence opportunity. In the Bank of America note, ...
Executives from JPMorgan Chase, Citigroup and other big banks descended on Miami Beach, Fla., this week, where 15,000 people gathered for one of the crypto industry’s biggest conferences. Missing from the gathering: attendees in flamboyant orange bitcoin suits roaming the halls and Lamborghinis idling out front—the flashy hallmarks of crypto’s boom years.
Block's earnings were impressive, but the most important part could be its future AI potential.
Uber beats on Q1 EPS and forecasts strong bookings despite Middle East tensions. Its shares have declined in the past six months amid robotaxi competition.
John Hopkins: Thank you, Rodney, and good afternoon, everyone. Let me remind you why NuScale is uniquely positioned to capture this historic opportunity. As you can see on Slide 3, we are differentiated on the dimensions that matter: regulatory leadership, fuel supply availability, true modular factory fabrication, deployment readiness and safety.
(Bloomberg) -- Apollo Global Management Inc. isn’t letting a good crisis go to waste. Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS Fires on Iranian Targets as Trump Demands Deal From TehranIran’s President Says He Had Meeting With Injured Supreme LeaderApple’s Camera-Equipped AirPods Reach Late Testing in AI Device PushLeaders of the world’s biggest private credit shop watched t
Wall Street is paying record premiums for the tech sector’s stocks while its workforce keeps losing ground.