The five-year agreement will centralize Microsoft software procurement for the Defense Department.
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Investing.com -- Costco Wholesale Corp reported strong third-quarter fiscal 2026 results on Thursday, driven by robust comparable sales growth, rising membership income, and continued momentum in e-commerce operations.
A $6 billion AWS deal and stronger forecast helped reset investor sentiment.
MongoDB stock rises after the software company reported better-than-expected earnings and raised its full-fiscal year profit outlook.
PepsiCo, Inc. (NASDAQ:PEP) is included among the 10 Best Dividend-Paying Beverage Stocks to Buy Now. PepsiCo, Inc. (NASDAQ:PEP) engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. On May 7, PepsiCo, Inc. (NASDAQ:PEP) increased its quarterly dividend by 4% to $1.48 per share. The dividend is payable on June […]
Dell Technologies (DELL) late Thursday reported record fiscal first-quarter results that surpassed W
(Bloomberg) -- Apollo Global Management Inc. and Blackstone Inc. are working to bring additional investors into a roughly $36 billion debt financing deal to help Anthropic PBC build out its AI infrastructure. Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekIran’s Khamenei Says No Going Back for Middle East Rocked by WarUS, Iran Agree to 60-Day Truce Renewal Pending Trump SignoffOura Ring 5 Is 40% Smalle
Despite high energy costs and persistent inflation, people are still spending on technology.
Nebius Stock Soars After Ex-OpenAI Researcher Reveals Massive AI Bet
Megacap stocks dominate their sectors and their actions influence economies worldwide. The flip side though is that their sheer size means they have less room for explosive growth as scale works against them.
Dell Federal Systems will manage Microsoft licenses across Pentagon, intelligence community and Coast Guard systems under a five-year deal.
The brokerage could be busting out if its crypto-induced slump with a recent spate of positive developments.
Investor interest in this nuclear energy stock has powered down, but the company's propects remain bright.
Investing.com -- MongoDB (NASDAQ:MDB) reported first quarter fiscal 2027 results that exceeded analyst expectations and raised its full-year outlook, driven by strong demand for its database platform across enterprise and AI applications.
Membership-only discount retailer Costco (NASDAQ:COST) reported Q2 CY2026 results exceeding the market’s revenue expectations, with sales up 11.6% year on year to $70.53 billion. Its GAAP profit of $4.93 per share was in line with analysts’ consensus estimates.
Okta reported Q1 earnings that topped consensus estimates while the cybersecurity firm's guidance for a key metric came in above views.
Automation software company UiPath (NYSE:PATH) announced better-than-expected revenue in Q1 CY2026, with sales up 17.3% year on year to $418.4 million. The company expects next quarter’s revenue to be around $397.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.15 per share was in line with analysts’ consensus estimates.
Compare two household staples as they navigate shifting profits, debt loads, and retailer influence, plus how their valuations stack up to the sector.
Ambarella, a maker of AI chips for edge computing applications, edged above estimates for its fiscal Q1 and with its outlook. Ambarella stock fell.
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.58%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.84%. June E-mini S&P futures (ESM26 ) rose +0.59%, and June E-mini Nasdaq futures...
Database platform company MongoDB (NASDAQ:MDB) beat Wall Street’s revenue expectations in Q1 CY2026, with sales up 25.2% year on year to $687.6 million. On top of that, next quarter’s revenue guidance ($731.5 million at the midpoint) was surprisingly good and 4.5% above what analysts were expecting. Its non-GAAP profit of $1.32 per share was 11.5% above analysts’ consensus estimates.
Micron Technology, Inc. (NASDAQ:MU) is included among the 10 Best Reddit Stocks to Buy According to Billionaires. On May 27, Barclays analyst Tom O’Malley raised the firm’s price recommendation on Micron Technology, Inc. (NASDAQ:MU) to $1,175 from $675. He reiterated an Overweight rating on the shares. The firm said memory and storage remain the “most […]
Apple Inc. (NASDAQ:AAPL) is included among the 10 Best Reddit Stocks to Buy According to Billionaires. On May 26, BofA raised its price recommendation on Apple Inc. (NASDAQ:AAPL) to $380 from $330. It reiterated a Buy rating on the shares. Analyst Wamsi Mohan said the shift toward AI agents focused on individual users could strengthen […]
MongoDB stock jumped after the database software company reported fiscal first-quarter results that easily beat analyst forecasts.
Salesforce's recent quarterly results beat expectations, but the stock hasn't gotten a boost just yet.
Lockheed Martin leans on defense contracts and steady margins, while Boeing eyes a commercial rebound after a dramatic revenue surge in 2025.
Identity management company Okta (NASDAQ:OKTA) reported revenue ahead of Wall Street’s expectations in Q1 CY2026, with sales up 11.2% year on year to $765 million. The company expects next quarter’s revenue to be around $792 million, close to analysts’ estimates. Its non-GAAP profit of $0.91 per share was 6.7% above analysts’ consensus estimates.
Robinhood announced that the official Trump Accounts app is now available for download.
Dell boosted its annual revenue and profit expectations on Thursday, showing data center expansion by clients is fueling demand for its AI-optimized servers that are powered by Nvidia's powerful chips. U.S. tech giants including Alphabet and Amazon plan to spend over $700 billion on AI infrastructure this year, which would drive up demand for server and data center equipment from suppliers such as Dell and Super Micro Computer. These AI servers are critical for powering services such as ChatGPT, as they are equipped with advanced memory chips to store data and instructions, providing the immense computing power required for such applications.
Qualcomm’s AI ambitions just got a major validation as a blockbuster ByteDance deal sends the smartphone chip giant to fresh record highs.