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Reuters118d agobullish
Qnity raises annual revenue forecast as AI spending climbs

Semiconductor solutions provider Qnity Electronics raised its annual revenue and profit ‌forecast on Tuesday, driven by demand ‌for artificial intelligence and high-performance computing. Shares of the company gained ​over 5% in early trading. Demand for semiconductor equipment is surging on AI infrastructure spending, boosting suppliers like Qnity, which makes chips, advanced packaging, ‌interconnects and thermal ⁠management products for data centers.

PayPal Reaches $30 Million Pact With Justice Department Over Minority Funding
The Wall Street Journal118d agoneutral
PayPal Reaches $30 Million Pact With Justice Department Over Minority Funding

PayPal agreed to forgo approximately $30 million in transaction fees to end a Justice Department probe into allegations that the financial services company had adopted unlawful preferences for minority-owned businesses. Justice Department officials had been investigating whether the company violated a federal civil rights law that prohibits creditors from discriminating against applicants based on race. The department’s probe targeted PayPal’s $530 million plan to support Black and minority-owned businesses, which the company created in 2020, shortly after the killing of George Floyd by a police officer prompted a nationwide conversation about racial inequality.

Tesla Surges on AI, Rivian Struggles to Stay Afloat
24/7 Wall St.118d agobullish
Tesla Surges on AI, Rivian Struggles to Stay Afloat

Tesla (NASDAQ: TSLA) and Rivian (NASDAQ: RIVN) both closed the books on Q1 FY2026, and the contrast is impossible to ignore. Tesla posted $22.39 billion in revenue with an automotive gross margin of 21.1%. Rivian delivered $1.381 billion while its automotive segment slipped to a $62 million gross loss. Same industry, very different chapters. AI ... Tesla Surges on AI, Rivian Struggles to Stay Afloat

Intel’s $440 Billion Six-Week Surge Has Short Sellers Circling
Bloomberg118d agoneutral
Intel’s $440 Billion Six-Week Surge Has Short Sellers Circling

(Bloomberg) -- A scorching rally in Intel Corp. shares is threatening huge losses for traders wagering that they’re due to fall. But that isn’t stopping them from placing those bets. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO to Miss China Trip After Year of Travels With TrumpSince hitting a low on March 30, the chip

Tesla to invest $250 million in battery plant outside Berlin
Reuters118d agoneutral
Tesla to invest $250 million in battery plant outside Berlin

electric car maker Tesla will ‌invest almost $250 million in ‌ramping up battery cell production capacity at ​its factory outside Berlin, in a move set to boost jobs in the area and strengthen ‌its supply ⁠chain, the company said on Tuesday. The investment is ⁠intended to create the conditions for annual production capacity of ​18 gigawatt ​hours at ​the site in ‌Gruenheide, south-east of the German capital, up from a previous 8 GWh, a statement said.

S&P Global Sets Mobility Board As Spinoff Story Takes Shape
Simply Wall St.118d agoneutral
S&P Global Sets Mobility Board As Spinoff Story Takes Shape

S&P Global (NYSE:SPGI) has announced the board of directors for Mobility Global Inc., its soon to be separated Mobility business. The company has also named the leadership team that will run the Mobility unit once the separation is complete. This marks a key step toward the planned mid 2026 spinoff of the Mobility division from S&P Global. S&P Global, known for indices, credit ratings, and data services, is preparing to separate its Mobility division into a standalone company. The Mobility...

Cloudflare Q1 Earnings Call Highlights
MarketBeat118d agoneutral
Cloudflare Q1 Earnings Call Highlights

Cloudflare (NYSE:NET) reported a strong first quarter of 2026, with revenue rising 34% year over year to $639.8 million, as executives said demand tied to AI, agentic workloads and its Workers developer platform continued to accelerate. Co-founder and CEO Matthew Prince said the company began the y

Futures Recover Modestly From Inflation Report
Barrons.com118d agoneutral
Futures Recover Modestly From Inflation Report

Major stock indexes are settling in after a bit of volatility this morning. Dow futures have turned slightly positive, while S&P 500 futures are down 0.2%. Nasdaq futures are down 0.6%. Each of these indexes is in a place better than where they were immediately after the inflation report came out.

Inflation Picks Up Faster Than Expected in April
Barrons.com118d agoneutral
Inflation Picks Up Faster Than Expected in April

Consumer prices jumped more than expected in April, a sign that inflation is accelerating as the Iran war's fallout ripples through the economy. The headline consumer price index rose 0.6% from the previous month and 3.8% from a year earlier, above the 0.59% monthly gain and 3.7% annual increase economists had forecast, according to a survey by FactSet. The 3.8% annual increase marks the fastest pace of price growth since May 2023 and is also a notable jump from March, when CPI rose 3.3% year over year.

Qnity Electronics (Q) Shares Rise After Strong Earnings Beat and Upgraded Outlook
InvestorsHub118d agobullish
Qnity Electronics (Q) Shares Rise After Strong Earnings Beat and Upgraded Outlook

Shares of Qnity Electronics Inc. (NYSE:Q) moved higher in pre-market trading on Monday after the semiconductor technology company reported first-quarter results that comfortably exceeded Wall Street expectations, supported by continued strength in artificial intelligence and advanced computing demand.

Treasury Yields Rise as Inflation Picks Up Speed
Barrons.com118d agoneutral
Treasury Yields Rise as Inflation Picks Up Speed

Treasury yields rise as U.S. inflation accelerates while Middle East tensions remain high. Consumer prices rise at a 3.8% 12-month pace, accelerating from 3.3% in March. Economists surveyed by WSJ expected 3.