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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 ...
Shares of Micron Technology (MU) kept surging after the chipmaker posted its biggest one-day gain in more than a decade. The stock rose 3.6% on May 27, extending a massive rally after shares jumped 19.3% the previous day. Micron has now climbed roughly 77% over the past month, while the stock is up ...
The Trump administration is pursuing funding deals with a group of drone companies as part of its effort to increase domestic production and lower the costs of the increasingly vital weapons, people familiar with the matter said. The potential deals follow months of discussions between a diverse set of private-sector drone companies and the Pentagon, the people said. The discussions have included the Office of Strategic Capital, a lending office set up by the Biden administration to fund companies deemed important to national security supply chains.
GM, Ford and Toyota have said they are planning for U.S. new-car sales to stagnate or shrink this year, as prospective buyers stay on the sidelines of the new-car market.
When Starbucks introduced its new flat-fee pricing for drink customizations last year, the aim was to ease customer frustrations. As it turns out, the coffee megalith only shot itself in the foot. Data from market research firm YouGov shows that customers’ value perception of Starbucks fell notably ...
Moby summary of Synopsys, Inc.'s Q2 2026 earnings call
For years, Wall Street's biggest players have quietly used artificial intelligence in the background to make investment decisions faster than any human could. Now, Robinhood (NASDAQ: HOOD) wants to bring that same power to everyday investors, including people who have never bought a ...
Retailers love products that drive consumers to their stores. Earlier in my career, when I ran Time Machine Hobby, a large toy store in Manchester, Conn., we drove significant sales through having limited quantities of certain items. Sometimes it was collectible cards, and in other cases it was ...
By Dietrich Knauth NEW YORK, May 27 (Reuters) - The U.S.
Snowflake shares soared 36% after-hours on signing an AI deal with Amazon and buying Natoma, a platform for enterprise AI agents.
(Bloomberg) -- The global AI investment boom is powering a new wave of Chinese exports and making Beijing more comfortable with a stronger yuan.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermEx-President Biden Sues to Stop DOJ Sharing Interview TapesTwo More Oil Supertankers Exit Hormuz to Help Push Up Flows‘KPop Demon Hunters’ Studio Draws Tencent Music InvestmentThe tightly managed onshore currency
The frenzied rally in chip stocks passed a new milestone on Wednesday, with the PHLX Semiconductor Index posting its best start to a year on record. Samsung Micron and SK Hynix have all climbed into the ranks of $1 trillion companies. Investors’ enthusiasm for the building-blocks of artificial intelligence helped pull the stock market out of its Iran-war slump, while raising worries that a surge this dramatic must end sometime.
Dell Federal Systems, a unit of the company dedicated to serving the government, wins a US defense contract.
SpaceX has filed its S-1 in anticipation of an IPO. The team digs into the details, examining what stands out in this monumental, possibly $2 trillion, public offering.
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