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By Jamie McGeever ORLANDO, Florida, May 21 (Reuters) - U.S. stocks ended a choppy session on Thursday in the green, lifted by optimism that a U.S.-Iran peace deal is close at hand, while investors
The videogame company said its revenue rose 6% in the latest quarter, and it now expects fiscal year revenue to hit up $7.9 billion to $8.1 billion.
I think NVIDIA (NVDA) is a good buy today. The company posted solid beats on the top and bottom line and maintained strong profit margins. Their forecast for growth exceeded estimates. They raised their dividend and announced an $80 billion share buyback program. As we've seen in the ...
Workday stock rises after the enterprise-management software company reported better-than-expected fiscal first-quarter earnings.
A suite of new studies suggest drugs such as Ozempic and Zepbound might slow tumor progression and improve survival, but more research is needed to confirm the findings.
The decision ends months of speculation that the two would merge and create one of the world’s largest beauty companies.
Nvidia closed 1.8% lower. The chip giant reported record sales and income that beat analyst expectations, driven by demand for data-center computing and the rise of AI agents. Nvidia’s stock is up 67% over the past 12 months, making it the largest publicly listed company in the world, with a market value of nearly $5.4 trillion.
Spaceships and quantum chips are becoming the latest objects of investors’ fascination—and the latest opportunity to exist in a world away from warning signs about U.S. consumers and fickle peace talks between the U.S. and Iran. Taken together, there is a sharpening contrast in markets between the wartime inflation surge and the promise of AI, aerospace, and emerging tech—which benefited Thursday from Nvidia strong earnings, federal investment in quantum computing and SpaceX’s leap toward the biggest IPO in history. “It’s really a dichotomy when you look at the consumer,” said Ken Mahoney, chief executive of Mahoney Asset Management.
Moby summary of Walmart Inc.'s Q1 2027 earnings call
The discount retailer said it now expects comparable sales—or those from stores and digital channels operating for at least 12 months—to grow 6% to 7% in the current fiscal year, up from a prior outlook of up 3% to 4%.
(Bloomberg) -- The Trump administration has agreed to award $1 billion to International Business Machines Corp. to build a foundry for producing quantum computing chips, part of a broad strategy to bolster US leadership in an emerging industry.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz
(Bloomberg) -- The Trump administration has agreed to award $1 billion to International Business Machines Corp. to build a foundry for producing quantum computing chips, part of a broad strategy to bolster US leadership in an emerging industry.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US's Latest Proposal Has 'Narrowed the Gaps'Modi's Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz
(Bloomberg) -- The Trump administration has agreed to award $1 billion to International Business Machines Corp. to build a foundry for producing quantum computing chips, part of a broad strategy to bolster US leadership in an emerging industry.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz
Investing.com -- Zoom Video Communications Inc (NASDAQ:ZM) reported first quarter results that exceeded analyst expectations and issued stronger-than-expected guidance, sending shares up 3% in after-hours trading Thursday.
Rocket Lab stock could benefit from space industry-related attention generated by the anticipated monster IPO of SpaceX.
Investing.com -- Ross Stores Inc (NASDAQ:ROST) shares jumped 7% in after-hours trading Thursday after the off-price retailer reported first quarter results that significantly exceeded Wall Street expectations, driven by robust comparable store sales growth and strong customer traffic.
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(Bloomberg) -- Intuit Inc. suffered its worst stock decline in more than two decades after announcing plans to cut about 17% of its staff and reporting slower TurboTax sales than anticipated.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz Toll SystemDow Average Climbs to Record on US-Iran De
(Bloomberg) -- Intuit Inc. suffered its worst stock decline in more than two decades after announcing plans to cut about 17% of its staff and reporting slower TurboTax sales than anticipated.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US's Latest Proposal Has 'Narrowed the Gaps'Modi's Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz Toll SystemDow Average Climbs to Record on US-Iran De
(Bloomberg) -- Intuit Inc. suffered its worst stock decline in more than two decades after announcing plans to cut about 17% of its staff and reporting slower TurboTax sales than anticipated.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz Toll SystemDow Average Climbs to Record on US-Iran De
Zoom stock rose after the software maker reported Q1 earnings that beat estimates as enterprise sales growth marked a bright spot.
Take-Two Interactive Software beat Wall Street's targets for its fiscal fourth quarter but whiffed with its guidance.
Take-Two Interactive forecast annual bookings below Wall Street expectations on Thursday, but reiterated the November 19 launch date for the highly awaited "Grand Theft Auto VI," sending its shares up around 8% in extended trading. Investors and analysts are keeping a close watch on the launch of "GTA VI", as the title is expected to be a cash cow for Take-Two, potentially selling millions of copies and bringing in billions in revenue within days of launch. Even as the firm faces strong competition from rival publishers Electronic Arts and Microsoft's Activision Blizzard, "GTA VI" is expected to stand out due to the immense popularity of the franchise and the track record of Rockstar Games, a unit of Take-Two and the game's developer.
Workday stock climbed after the enterprise software maker reported Q1 earnings that beat estimates amid Wall Street's lowered expectations.
Workday exceeded Wall Street expectations for first-quarter revenue and profit on Thursday, as demand for its AI-powered finance and human resources software services gathered pace, sending its shares up 7% in extended trading. The company, which specializes in HR and payroll software, has been adding AI features across its platform, betting that tools to automate tasks, generate job descriptions, or analyze spending patterns will drive customer adoption and deepen usage. "Our focus remains on executing our agentic AI roadmap, while driving operational efficiencies as we scale," Chief Financial Officer Zane Rowe said in a statement.
Both companies emphasize confidence in their portfolios and commit to driving long-term growth independently.
A throwaway line from a CEO rarely moves an entire sector in a single afternoon. Dave Mosley managed it on Monday. Speaking at the JPMorgan Global Technology, Media and Communications Conference, as reported by Benzinga, the Seagate Technology (STX) chief was asked a simple question: would the ...
By Sinéad Carew and Utkarsh Hathi May 21 (Reuters) - Wall Street's benchmark S&P 500 index closed slightly higher after Thursday's choppy session as oil prices finished lower and investors hoped for
The companies reached a settlement with a Kentucky school district to avoid a coming trial over accusations that they intentionally designed their platforms to addict young people.