Elbit Systems Ltd (ESLT) reports robust growth with a 15.5% revenue increase and a record $30 billion backlog, driven by strong international demand.
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Shares of TeraWulf (Nasdaq: WULF) surged during market hours on May 26 after the Bitcoin miner-turned-AI infrastructure company announced the acquisition of a hyperscale high-performance computing site. TeraWulf is a United States-based digital infrastructure company founded in 2021 by energy ...
Zscaler stock tumbled after the cybersecurity firm beat fiscal Q3 estimates but missed views with its revenue guidance.
Find insight on Salesforce, Snowflake, Spotify and more in the latest Market Talks covering Technology, Media and Telecom.
Costco is set to report earnings Thursday afternoon, with traders expecting a sizable move from the stock following the results.
TRAVEL NEWSLETTER Happy Friday! We’ve got gobs of travel news to digest this week, so let’s dive in. Struggling Spirit Airlines looks like it might get a lifeline from the federal government, though no deal has been finalized.
D-Wave's impressive valuation rally is taking a breather.
By Saeed Azhar, Twesha Dikshit and Utkarsh Hathi NEW YORK, May 26 (Reuters) - The S&P 500 and Nasdaq hit record closing highs on Tuesday, as AI-fueled optimism offset anxiety over Middle East peace
Zscaler forecast fourth-quarter revenue below estimates on Tuesday, signaling intensifying competition in the cybersecurity market as enterprises scrutinize spending on cloud security products, sending shares down 15% in extended trading. Despite the push to secure modern IT environments, Zscaler faces competition from larger rivals such as Palo Alto Networks, which are vying for more market share with their own platform offerings. Zscaler primarily competes in the Secure Access Service Edge (SASE) market, which combines networking and security into a single platform to connect users, devices and applications from anywhere.
Target is bouncing back, but Kohl's remains in the penalty box.
Wall Street veteran Anthony Scaramucci is sounding the alarm on a potential market top, warning that the highly anticipated public debuts of SpaceX, OpenAI, and Anthropic could signal the symbolic end of the current tech boom. The ‘Holy Trinity’ Of...
Ninety-five percent of Uber's engineers use AI tools every month. Seventy percent of committed code is now AI-generated. By almost any adoption metric, the rollout has been a success. So why is the COO saying the costs are getting harder to justify? Uber (UBER) COO Andrew Macdonald made a candid ...
The U.S. stock market rose to more all-time highs and caught up with climbs for others around the world from the day before, when President Donald Trump said negotiations were “proceeding nicely” with Iran on ending their war. The Nasdaq composite climbed 1.2% to reach a record of its own. The Nasdaq composite rose 312.21 points, or 1.2%, to 26,656.18.
Meta said Vermont had not alleged the company designed Instagram or its features in the state, nor that any claims about the app’s safety or addictiveness were made there.
Autodesk Inc (NASDAQ:ADSK) is expected to report fiscal first-quarter earnings with a modest revenue beat and a likely reaffirmation of full-year guidance, according to Jefferies, in what the firm sees as a generally steady update for the software company. Jefferies expects Autodesk to...
A rival's strong results sent both hardware makers higher. Now their own reports will test whether the AI and PC momentum holds.
The Magnificent Seven's first-quarter earnings are in the books, and the seven companies registered their best profit growth in nearly five years. All remain pillars of the S&P 500 index. Collectively, Mag 7 earnings jumped 63.2% year over year, according to a report from FactSet.
An avalanche of online memes make fun of the Luce’s design, and the company sheds $5 billion in market value.
Salesforce Inc (NYSE:CRM, XETRA:FOO) is due to report fiscal first-quarter results on Wednesday afternoon, with Jefferies forecasting an in-line quarter, backed by proprietary partner surveys showing 55% of respondents finished Q1 at plan and 30% came in above it. The brokerage sees total...
Wall Street spent most of 2025 sour on Occidental Petroleum (OXY), but that's changing. Today, May 26, Barclays became the third major bank in six trading days to flip its stance on Warren Buffett's largest single oil holding. The firm lifted OXY to Overweight from Equalweight and raised its price ...
Microsoft stock appeared to be testing support at its 21-day moving average after an earnings sell-off in April. Is Microsoft stock a buy or sell now? The desktop software maker said it earned $4.27 a share on sales of $83 billion during the March quarter.
SentinelOne (NYSE:S) will hand down its first quarter earnings this week, with Jefferies analysts raising their price target on the cybersecurity ahead of the report, citing improving longer-term growth visibility and margin expansion potential. The firm lifted its price target to $24 from...
As the Elon Musk-led commercial space flight giant SpaceX gears up for its IPO, here’s how you can participate in the listing via platforms like Robinhood Markets Inc., E-TRADE and SoFi Technologies Inc.. SpaceX IPO: What Retail Investors Need To...
Apple has spent much of 2026 defending itself. Tariff concerns. Questions about AI pace. A market that has rewarded louder AI stories more generously. The stock has still gained over 50% in the past 12 months, but the narrative has been harder to hold. On May 26, Bank of America analyst Wamsi Mohan ...
Recent IPOs Pattern Group and Ethos Technologies are showing constructive technical patterns even as investors continue waiting for a SpaceX public offering.
Starbucks shares fell 2% Tuesday after a promotion misfire and threatened boycotts in South Korea, one of the chain’s biggest markets. The company’s South Korean licensee recently ran a “Tank Day” marketing campaign, offering discounts on the company’s “Tank” tumbler series. The promotion’s last week coincided with the anniversary of a 1980 massacre in South Korea, when the country’s military deployed soldiers in tanks to crush a demonstration, killing protesters.
Hims & Hers Health (NYSE: HIMS) faces a demanding customer acquisition challenge to hit its 2026 revenue guidance amid rising churn risks tied to its oral Wegovy subscription model, Bank of America said. Analysts estimate HIMS would need to add approximately 225,000 new oral Wegovy...
Burlington Stores (BURL) is expected to report above-consensus Q1 comparable sales growth and earnin
Shares of TeraWulf (NASDAQ: $WULF) are up 10% after the company announced plans for a large-scale artificial intell...
(Bloomberg) -- Oil rebounded as fresh clashes between the US and Iran clouded the outlook for an interim deal to reopen the vital Strait of Hormuz.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarUS Strikes Targets in Iran Even as Trump Hails Progress on DealRussia Tells US to Evacuate Its Diplomats and Citizens From KyivThese AI Gurus Are Charging Wall Street Banks $25,000 a DayPutin Signs Law on Use of Army to Aid Russians Detained AbroadGlobal benchmark