Broadcom shares soar 16% as earnings top estimates on demand for custom AI chips

• Broadcom’s stock pops as upbeat earnings outlook soothes AI investors

  It’s been a tough stretch for AI stocks, but Broadcom’s guidance brought the sort of upside investors wanted to see.
  
  MarketWatch - 7m

• Intuit shares jump after results top estimates amid key tax season

  Tax-preparation software provider Intuit on Tuesday reported quarterly results that topped Wall Street’s estimates, while forecasting third-quarter sales that were also above expectations.
  
  MarketWatch - Feb. 26

• Alibaba shares soar nearly 15% after stellar earnings as China's e-commerce sector recovers

  Alibaba has been making 'significant strides' in advancing its AI cloud business after launching its Qwen 2.5-Max flagship AI foundation model, Barclays wrote in a note.
  
  CNBC - Feb. 21
• 

  UCLA, Texas, USC, Notre Dame earn No. 1 seeds in second NCAA women’s hoops top-16 reveal

  With Selection Sunday less than three weeks away, the NCAA selection committee released the top 16 seeds for the second time this winter. Yet again, UCLA remained as the top overall seed. USC, ...
  
  Yahoo Sports - Feb. 28

• Earnings estimates are flatlining. This strategist says stop buying stocks.

  Truist Advisory Services cut its view on equities to neutral, saying the risk/reward backdrop is looking more mixed.
  
  MarketWatch - Feb. 25

• Home Depot earnings beat Wall Street estimates, as retailer breaks comparable sales losing streak

  Home Depot narrowly beat fourth-quarter earnings estimates, but it gave lackluster sales guidance as high interest rates and home prices pose challenges.
  
  CNBC - Feb. 25
• 

  SoftBank Considers Borrowing $16 Billion to Fund AI

  This would be on top of the $15 billion SoftBank has already committed to Stargate.
  
  Inc. - 3d
• 

  Meta’s New Business AI Will Help You Sell Stuff to Customers

  The program from Meta is designed to pursue sales according to your own playbook, even letting would-be buyers know about discounts or sales.
  
  Inc. - 2d
• 

  ‘It’s blackmail’: Ukrainians react to Trump demand for $500bn share of minerals

  Ukraine’s lithium deposits are among biggest in Europe and the US is looking for ‘payback’ for previous military assistance. Drawing in the snow with his finger, Mykola Hrechukha sketched out how ...
  
  The Guardian - Feb. 22

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• HPE to cut 2,500 employees as stock slides 19% on weak earnings outlook

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• Walgreens to go private in roughly $10 billion deal with Sycamore Partners

  The historic transaction ends Walgreens' tumultuous run as a public company, which began in 1927.
  
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  Trump Suspends Mexico and Canada Tariffs on USMCA Goods for a Month

  Many imports from Canada and Mexico will be exempt from tariffs, as the president quickly reversed a sweeping trade action taken just two days ago after market turmoil.
  
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• ‘Fell through the cracks’: Controversial private credit ETF faces new regulatory hurdles

  Questions remain as to how the fund managed to bypass key concerns over its name and asset mix during the SEC approval process.
  
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