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(Bloomberg) -- Charles Schwab Corp. is planning to use artificial intelligence to extend benefits usually reserved for wealthy clients to the less affluent. Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Counts Second-Home RevenueInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanySchwab Chief Executive Officer Rick Wurster said AI will be a “real acce

Rigetti Computing (NASDAQ:RGTI) keeps grabbing quantum computing headlines on the strength of its 108-qubit Cepheus-1-108Q system and a cash-stuffed balance sheet. But here’s what you should actually be watching. The numbers underneath the story are ugly. Rigetti carries a $6.34 billion market cap against full-year 2025 revenue of just $7.09 million, which itself declined 34.31% ... Rigetti Has a $6 Billion Market Cap and $7 Million in Revenue. Here Are the Two Stocks Worth Owning Instead

China’s Alibaba said that growth accelerated for both its artificial intelligence and cloud businesses in the latest quarter, driven by the AI boom, even though overall revenue rose just 3% to to 243 billion yuan ($36 billion). Revenue from its Cloud Intelligence Group, which focuses on cloud computing and AI developments, jumped 38% in the January-March quarter from a year ago.

The Dow industrials led U.S. stocks lower with fresh signs of growing price pressures from the war weighing on investors.

Howmet had a very strong start to 2026. Sales were $2.31 billion, EBITDA of $740 million and earnings per share of $1.22. The EBITDA margin rate was 32%, and this margin was an increase of 320 basis points over the equivalent quarter last year.

Xtant Medical Hldgs (AMEX:XTNT) released first-quarter financial results and hosted an earnings call on Wednesday. Read the complete transcript below. Benzinga APIs provide real-time access to earnings call transcripts and financial data. Visit https://www.benzinga.com/apis/ to learn more. The full earnings call is available at https://www.webcaster5.com/Webcast/Page/3039/53872 Summary Xtant Medical Holdings Inc reported first quarter 2026 revenue of $20.9 million, a decrease from the previous y

Nextpower stock rises after the company reports better-than-expected fiscal fourth-quarter earnings and hiked its fiscal 2027 revenue outlook.

Eos Energy Enterprises (NASDAQ:EOSE) held its first-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. Benzinga APIs provide real-time access to earnings call transcripts and financial data. Visit https://www.benzinga.com/apis/ to learn more. View the webcast at https://edge.media-server.com/mmc/p/tvd5znkj Summary Eos Energy Enterprises reported a first-quarter revenue of $57 million, marking a significant increase of more than five times compared to t

Wix.com (NASDAQ:WIX) reported first-quarter financial results on Wednesday. The transcript from the company's first-quarter earnings call has been provided below. This transcript is brought to you by Benzinga APIs. For real-time access to our entire catalog, please visit https://www.benzinga.com/apis/ for a consultation. View the webcast at https://edge.media-server.com/mmc/p/mez38hxp Summary Wix.com reported a strong Q1 2026 with total bookings of $585 million, up 15% year-over-year, and revenu

(Bloomberg) -- China’s twin leaders in artificial intelligence reported revenue that fell short of estimates, disappointing investors who hoped their growing spending on AI would turbocharge growth.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Counts Second-Home RevenueInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyAlibaba Group Holding Ltd. post

Shares of Tower Semiconductor (NASDAQ:TSEM) surged more than 14% in premarket trading on Wednesday after the company reported stronger-than-expected first-quarter results and issued record revenue guidance for the current quarter. The stock climbed 14.

The logistics companies said their capabilities and focus areas are largely different from what Amazon is now offering to all businesses.

Shares of Nebius Group (NASDAQ:NBIS) surged nearly 15% in premarket trading on Wednesday after the company reported first-quarter results that exceeded analyst expectations and highlighted accelerating growth across its AI cloud business. The stock jumped 14.

May 13 (Reuters) - The S&P 500 was subdued at the open on Wednesday, as hotter-than-anticipated producer prices reinforced bets that the Federal Reserve would keep monetary policy restrictive all

Stocks struggled to find direction after wholesale prices surged more than expected in April. The S&P 500 was flat, while the Dow fell 210 points, or 0.4%. The Nasdaq gained 0.2% The inflation report for April this morning revealed that the cost of producing goods has been higher than expected.

Wix.com Ltd. (NASDAQ:WIX) shares fell sharply in premarket trading Wednesday after the software-as-a-service website builder reported first-quarter 2026 results that missed Wall Street expectations on both revenue and earnings. Wix Q1 Results Miss Expectations The company reported quarterly revenue of $541.2 million, up 14% from a year earlier but below analysts' consensus estimate of $544.2 million. Adjusted earnings came in at 68 cents per share, missing expectations of $1.25 per share. Total

Cisco Systems, Inc. will release earnings for its third quarter after the closing bell on Wednesday, May 13. Analysts expect the company to report quarterly earnings of $1.04 per share, up from 96 cents per share in the year-ago period....

Intel's rally added more than $440 billion in market value as AI optimism and Nvidia backing lifted semiconductor shares.

ZoomInfo stock cratered after sweeping layoffs and weak guidance reignited fears that AI could disrupt the company’s core sales-intelligence business.

Investing.com -- Daiwa Capital Markets has downgraded Advanced Micro Devices to Outperform from Buy, citing the chipmaker's near-150% share price gain over the past 60 days, even as the firm raised its price target to $500 from $250 following a strong first-quarter earnings beat.

Gold was steady early Wednesday even as the dollar rose after a report showed U.S. wholesale inflati

Editor’s note: This article was updated to add details and context. U.S. producer prices jumped the most since 2022 last month as the Strait of Hormuz energy shock continued to feed through the inflation pipeline, adding fresh concerns over the Federal Reserve’s rate outlook. The rate of increase in the headline Producer Price Index climbed from an upwardly revised 4.3% year-over-year in March to a whopping 6% in April, the Bureau of Labor Statistics reported Wednesday. The outcome largely toppe

Riskified (NYSE:RSKD) released first-quarter financial results and hosted an earnings call on Wednesday. Read the complete transcript below. This content is powered by Benzinga APIs. For comprehensive financial data and transcripts, visit https://www.benzinga.com/apis/. The full earnings call is available at https://edge.media-server.com/mmc/p/iwy265as/ Summary Riskified reported Q1 2026 revenue of $88.3 million, a 7% year-over-year increase, with non-GAAP gross profit of $46.3 million, up 13%.

U. S. stock futures pointed to a mixed open on Wednesday, with investors balancing renewed strength in technology shares against fresh inflation data that reinforced concerns about interest rates and rising costs.

Apple on Wednesday echoed Google's criticism of EU antitrust regulators' efforts to force ‌the search giant to help AI rivals access its services, warning ‌the proposed measures pose risks to privacy, security and safety. Apple was responding to the ​European Commission's call last month for feedback on draft measures to help Google comply with the Digital Markets Act, aimed at curbing Big Tech's power. Alphabet-owned Google has said the proposals, which would let competing AI services interact ‌with Android apps to ⁠send emails, order food or share photos, would undermine key privacy and security safeguards for European users.

Oklo stock sank on Wednesday after the company said its quarterly loss widened year over year.

Oklo stock sank Wednesday after the company said its quarterly loss widened year-over-year.

DigitalOcean's solid quarterly report has sent the stock soaring, and there is a chance this cloud stock will continue to head higher amid improving growth prospects.

The Israeli contract chipmaker also beat first-quarter estimates and forecast a record $455 million in second-quarter revenue

(Bloomberg) -- The latest reports from “Little St. Jeff’s,” the notorious Caribbean hideaway of Jeffrey Epstein, are startling.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Counts Second-Home RevenueInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyOne recent visitor was allegedly hog-tied naked. Would-be interlopers on jet skis have been chased awa