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Intuit is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline ‌operations and sharpen focus on its key bets including its AI efforts, according ‌to an internal memo seen by Reuters on Wednesday. CEO Sasan Goodarzi sent an email to staff earlier ​in the day, saying that reducing complexity and simplifying the structure would help it deliver better products, according to the memo and a source familiar with the matter. Intuit, which is scheduled to report third-quarter results later on Wednesday, did not immediately return a request ‌for comment.

The booming global semiconductor market will be "tense" with tight supply for the foreseeable future, the head of chip-making machine giant ASML told Reuters, with demand from AI, satellites and robots outpacing what the industry can produce. In a rare ‌interview on the sidelines of a tech event in Antwerp, ASML Chief Executive Christophe Fouquet said that there would likely be sporadic bottlenecks ‌throughout the supply chain of the chip market which could hit $1.5 trillion by 2030. "Demand on AI is coming so strongly that we will be in a supply-limited market for quite a while," Fouquet ​said, citing plans like Elon Musk's huge proposed "TeraFab" AI plan and Starlink satellites as potentially driving a new leg of demand.

Accenture’s stock price has taken a beating over the past six months, shedding 29.8% of its value and falling to $168.41 per share. This may have investors wondering how to approach the situation.

US equity futures were edging higher pre-bell Wednesday as traders anticipated Nvidia's (NVDA) fisca

The cuts of roughly 8,000 jobs, or 10% of staff, are meant to offset the cost of the company’s AI investments.

Currently, option traders are betting that Nvidia’s (NASDAQ: NVDA) market cap could rise or fall by $355 billion based on earnings. Nvidia’s current market cap is $5.3 trillion. The stock is up 18% so far this year, compared to the S&P 500, which is up 7%. Nvidia has signaled to Wall St. what investors should ... Nvidia Earnings Don’t Matter This Time

On Wednesday, Roivant Sciences Ltd. (NASDAQ:ROIV) posted fourth-quarter adjusted earnings per share of $0.

TJX (TJX) delivered earnings and revenue surprises of +18.14% and +2.32%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?

By Aditya Kalra NEW DELHI, May 20 (Reuters) - Indian fashion-to-beauty retailer Nykaa has asked a New Delhi court to make Meta a party to a copyright dispute filed by media firm Zee, court documents

SpaceX is targeting a valuation of up to $2 trillion when it goes public.

The selloff in U.S. government bonds has paused for now, but it’s gotten Wall Street to ask: How much more turmoil would it take to push President Trump to soften his stance on Iran? The textbook example took place in April last year, when a messy sell-off in the bond market led Trump to pause sweeping tariffs on dozens of countries. “Judging by the post-'Liberation Day’ episode last spring, market conditions might need to get considerably worse to generate a similar full-scale retreat,” Capital Economics wrote in a research note Tuesday.

Flight 12 debuts orbital refueling, ship-to-ship docking and upgraded Raptor engines

TJX earnings growth accelerated again, beating views, though guidance was mixed. TJX stock rose from a key level and eyeing another.

The big-box retailer reports adjusted earnings of $1.71 a share, as revenue jumps 6.7% from a year ago.

Investing.com -- TJX Companies Inc. (NYSE: TJX) reported first-quarter results that exceeded analyst expectations, driving shares up 3.7% premarket as the off-price retailer raised its full-year outlook on strong sales momentum and margin expansion.

Tesla said on X on Wednesday ‌that its Full Self-Driving (Supervised) driver assistance ‌software was being rolled out in Lithuania, the ​second country in Europe to do so after Dutch approval last month. • Dutch regulator RDW is seeking EU-wide acceptance, but other member ‌states can ⁠recognise the Dutch approval and allow the system to be deployed. • ⁠The Lithuanian Transport Safety Administration confirmed Lithuania has recognised the Dutch certification.

The big takeaway on Taiwan Semi, Google is updating search for AI era, Toll Brothers earnings show luxury homes are selling, and more news to start your day.

Perion Network (PERI) delivered earnings and revenue surprises of +83.33% and -4.30%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

Artificial intelligence cloud computing startup Lamda on Wednesday said ‌it has won a cloud contract with high-speed ‌trading firm Hudson River Trading. Lamba, which is backed by Nvidia and ​raised $1.5 billion last year after signing a deal to provide Microsoft with access to Nvidia's chips, said the deal with Hudson River Trading will entail renting ‌more than 1,000 of ⁠Nvidia's latest "Blackwell" systems to the trading firm, which Reuters last month reported had $12.3 billion ⁠in trading revenues last year. Lamda and Hudson River Trading did not disclose the financial terms of the ​deal.

Lam Research has opened a research lab in Salzburg, Austria, to advance a chip packaging technology ‌that promises to increase chip density and cut costs, ‌as the company looks to capitalize on surging AI demand for processors. The U.S. ​chipmaking tools supplier said on Wednesday that the Salzburg facility will focus on panel-level packaging, which replaces the semiconductor industry's traditional circular silicon wafers with square panels. Square panels can eliminate the dead space, allowing chipmakers to produce more chips ⁠per surface at a lower cost per unit — a crucial advantage as AI drives chip shortages.

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Devon Energy as “they have tremendous natural gas, and that's what we're great at.” Lending support to his choice, Wells Fargo analyst Hanwen Chang, on Monday, maintained Devon Energy with...

T.J. Maxx parent TJX Cos. reported higher first-quarter sales and raised its full-year guidance as the off-price retailer continues to draw customers in a cautious consumer environment.

Nvidia (NVDA) reports first quarter earnings results on Wednesday after the closing bell. Gabelli Funds portfolio manager John Belton joins Yahoo Finance to share his expectations for the print, as well as two reasons one might be bearish on the stock.

US equity futures were higher pre-bell Wednesday as traders anticipated Nvidia's (NVDA) fiscal Q1 fi

Pre-Market Stock Futures: Futures are trading higher on the heels of the third straight day of stock declines, and there is growing apprehension that yields will go even higher and that inflation may as well. All of the major indices finished Tuesday lower, and with Q1 earnings all but over and the incoming economic data ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: BJ’s Wholesale Club, Centene, Cigna, Crown Castle, ETSY, Franco-Nevada, Humana, Ovintiv, X-Energy, and More

Stock Market Today: The Dow Jones index rose Wednesday ahead of the Fed minutes. Nvidia stock rallied ahead of earnings.

Golar LNG (GLNG) delivered earnings and revenue surprises of +60.66% and +9.77%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

Investing.com -- Analog Devices Inc. (NASDAQ:ADI) reported second-quarter fiscal 2026 results that exceeded analyst expectations, with both earnings and revenue surpassing the high end of the company’s prior outlook.

NVIDIA (NASDAQ:NVDA) reports fiscal Q1 2027 results later today, and the bar has rarely looked higher. The traders on CNBC’s Fast Money segment “Yields Surge and Prepping for Nvidia Results” framed it around a single number: “Anything south of 75% gross margins, then we can start having a different conversation. 75% is a bogey.” The ... Nvidia’s $5.7 Trillion Market Cap Faces Its Toughest Test Yet. Can It Beat 75% Gross Margin Expectations Before Earnings?

Net sales rose 6.7% in the first quarter, with comparable sales up 5.6% — the retailer's first positive comp in five quarters