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Salesforce's Q1 fiscal 2027 call spotlights Agentforce, Slack and "Headless 360" as it lifts revenue guidance and defends a stronger second half.

Rocket Lab and AST SpaceMobile have surged as investors bet on the next phase of the space economy. But aerospace giants including Boeing, Airbus, and Lockheed Martin could also benefit from growing enthusiasm around SpaceX.

FedEx will spin off FedEx Freight as an independent company on June 1, and the new business will quickly join the S&P 500 index.

Early SpaceX investor Peter Diamandis reignited merger speculation by saying a Tesla-SpaceX merger is “not a matter of if but only a matter of when.”

The U.S. company now holds 36.83% of Delivery Hero’s voting rights, up from 25.1% previously, according to a regulatory disclosure on Wednesday.

By Julie Zhu and Anne Marie Roantree HONG KONG, May 28 (Reuters) - China's commitment to buy 200 Boeing jets during a recent visit by U.S.

Hi everyone! This is Cheng Ting-Fang, your #techAsia host this week, saying hello from sunny Taipei, the blazing-hot destination for global chip...

Chinese technology giant ByteDance is developing its own central processing units (CPUs) to support its growing AI infrastructure needs, three people familiar with the matter said, as surging chip prices and prolonged supply ‌shortages constrain its expansion plans. The move underscores the industry's rapid shift toward "inference," where AI models are deployed to perform agentic tasks ‌that demand more from CPUs, working in tandem with the graphics chips made by Nvidia that have dominated the AI boom. The shift has created a shortage of CPUs in recent ​months, and global hyperscalers including Alphabet's Google, Amazon and Microsoft are also developing their own custom CPUs to reduce costs and tailor performance to their specific workloads.

SIDU has quietly emerged as the sector’s standout underdog, remaining the only stock among the four still showing analyst upside.

Costco Wholesale is the last major retailer to report results this earnings season. After multiple retailers noted, however cautiously, that consumers are still spending, investors will be looking to see if Costco does the same. For its fiscal third quarter, Costco is expected to earn $4.98 a share, a 16.3% increase from the year-ago period, on a 10% rise in revenue to $69.68 billion.

PayPal users will be able to make cashless payments in China using QR codes through Tencent's WeChat Pay’s extensive merchant network, the Chinese technology giant says, in a move calibrated to attract more foreign tourists. Apart from social media and messaging, Tencent’s WeChat offers payment services called WeChat Pay, or Weixin Pay, in mainland China.

Nutanix Inc (NTNX) reports strong financial performance with $703 million in revenue, while addressing ongoing supply chain and geopolitical challenges.

Synopsys Inc (SNPS) reports robust Q2 2026 results, exceeding revenue and EPS guidance, while raising full-year forecasts amid strong market momentum and successful Ansys integration.

Marvell Technology Inc (MRVL) reports robust revenue growth and outlines strategic partnerships and acquisitions to drive future expansion.

Salesforce Inc (CRM) reports a 13% revenue increase and surpasses $1 billion in Agentforce ARR, while addressing challenges in marketing and commerce segments.

Snowflake Inc (SNOW) reports a 34% revenue surge and raises FY27 guidance, driven by strong AI product adoption and customer expansion.

May 28 (Reuters) - Foreign investors bought Japanese stocks for the eighth straight week through May 23, as oil prices eased and AI-related shares rallied on robust demand outlook.

Marvell Technology (MRVL) kicked off its latest earnings season with first quarter revenue that topped analyst expectations, supported by strong demand for AI and data center chips and a higher multiyear revenue outlook. See our latest analysis for Marvell Technology. The strong AI data center story is now clearly reflected in the price, with the stock delivering a 30 day share price return of 25.59% and a 1 year total shareholder return of 208.46%, even after a one day pullback of 4.59%. If...

How resilient will the economy be amid the current bout of inflation?

SpaceX may be counting down to its IPO, but some people are just too impatient to wait for liftoff. Just look at the share price of Intuitive Machines, which flew nearly 16% on Wednesday and is up more than 125% so far this year as the company transforms from a provider of niche lunar landing gear to an all-in-one infrastructure player at the dawn of a new space age. The Houston, Texas-based company went public via a SPAC merger back in 2023 and, almost exactly a year later, its unmanned lunar lander, Odysseus, gained the distinction of delivering the first American spacecraft to the moon’s surface since the Apollo program.

World shares declined Thursday following more of what the U.S. military said were defensive strikes against Iran. Oil prices gained more than $2 a barrel after having dropped sharply a day before. In early European trading, Germany's DAX was nearly unchanged at 25,175.63 and the CAC 40 in Paris lost 0.4% to 8,172.84.

Bill Ackman finally took the keys to Pershing Square public in April, and Wall Street is now beginning to weigh in on what that company is actually worth. Citi was the first major bank to argue it could be worth a lot more than the market currently thinks. On Tuesday, May 26, the firm initiated ...

Carysil Ltd (BOM:524091) reports robust financial performance with significant income and profit growth, while navigating market challenges and expanding global presence.

For the past two years, Nvidia Corp has emerged as Wall Street’s preferred way to bet on artificial intelligence. It benefited from an arms race among AI developers scrambling to secure computing power. The next challenge to its dominance in...

In the first quarter of fiscal 2027, Salesforce returned $27.5 billion to shareholders.

Last year, during the company's third-quarter earnings call, Ford CFO Kumare Glahotra made a promise to investors. “Improving quality is the single biggest driver to close our cost gap. Better quality lowers warranty expense and reduces recalls,” Galhotra said. But so far this year, Ford once again ...

Tesla CEO Elon Musk let investors know early on that 2026 would be an expensive year for the company. Coming off of its first-ever decline in revenue and its second consecutive year of falling deliveries in 2025, 2026 was always going to be a pivotal year for the electric vehicle maker. Musk ...

The S&P 500 has already gained more than 9% this year. Goldman Sachs just said it's not done. In a note published May 26, the bank raised its year-end target for the index. It made a specific argument about what drove the decision, and it's something every equity investor should understand. ...

Developing-world nations are offering billions of dollars in incentives for U.S. data centers, but locals say the cost is too high.

Sandisk was trading near $36 twelve months ago. It has since done something that most stocks never do in a lifetime. And on May 27, one of Wall Street's major banks looked at that run and decided the story was not finished. The argument it made for why is more specific than most investors are ...