Broadcom Shares Soar 9 As Earnings Top Estimates on Demand for Custom Ai Chips

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

Broadom reported earnings and revenue that topped analysts' expectations.

CNBC - 50m

Broadcom shares surge on strong revenue and AI outlook

Chip designer delivers upbeat results amid broad decline in tech shares

Financial Times - 1h

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 - 19m

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

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

CrowdStrike falls 9% on disappointing earnings forecast

CrowdStrike shares dropped more than 9% in extended trading after the cybersecurity software provider issued weaker-than-expected guidance.

CNBC - 2d

Nvidia shares fall 9% on tariff fears

The company's stock price is down 13% since it reported earnings last Wednesday.

CNBC - 3d

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

Autodesk says it’s cutting 9% of its workforce, and shares rise

Design-software developer Autodesk Inc. on Thursday said it would cut around 9% of its workforce, or around 1,350 employees, amid a bigger effort to prioritize cloud services and artificial ...

MarketWatch - 6d

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

Bosnian officials challenge separatist laws before top court as tensions soar

Bosnian officials are challenging a set of laws barring the state judiciary and police from operating in the part of the country controlled by the Bosnian Serbs, legislation that has fueled ...

ABC News - 12h

Huawei improves AI chip production in boost for China’s tech goals

Chinese company improves ‘yield’ of latest semiconductor, despite US efforts to prevent manufacturing advances

Financial Times - Feb. 25

Nvidia revenues jump almost 80% on booming AI chip sales

Chief Jensen Huang says demand remains strong despite worries China’s DeepSeek could stymie growth

Financial Times - Feb. 27

Microsoft calls on Trump to loosen AI chip export restrictions

Microsoft is calling on the Trump administration to loosen Biden-era restrictions on artificial intelligence (AI) chip exports that it argues could undermine U.S. leadership on the technology. The ...

The Hill - Feb. 27

Microsoft urges Trump to rethink AI chip export controls

Company president Brad Smith warns the new rules will force American allies to buy Chinese products

Financial Times - Feb. 27

Micron launches new memory chips to keep up with AI processing

Micron announced its first 1y (1-gamma) DDR5 memory chip samples this week, and it says this is part of its contribution to systems that keep up with AI.

VentureBeat - 3d

Berkshire shares rise on surge in operating earnings, but questions linger about cash

The conglomerate's operating profit — earnings from the company's wholly owned businesses — skyrocketed 71% to $14.5 billion in the fourth quarter.

CNBC - Feb. 24

Planet Fitness shares stumble as outlook points to slower earnings growth

Planet Fitness’ stock falls as the full-year earnings growth outlook disappoints.

MarketWatch - Feb. 25

Nvidia sales grow 78% on AI demand, company gives strong guidance

Nvidia reported fourth-quarter earnings that beat Wall Street expectations. The company also provided strong guidance for the current quarter.

CNBC - Feb. 26

Udacity: Helping professionals develop AI skills and land high-demand jobs

Udacity is the leader in helping professionals learn practical AI skills; hear from Udacity learners and executives as they share how people who harness the power of AI will be poised to shape a ...

CBS News - 15h

Just Eat shares soar 54% after Prosus offers to buy food delivery firm for $4.3 billion

Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in a deal worth roughly 4.1 billion euros ($4.3 billion).

CNBC - Feb. 24

The ‘next important test for AI bulls’ happens this week with Nvidia’s earnings

Nvidia’s profit “could have enough substance even if less sizzle,” BofA analysts say.

MarketWatch - Feb. 23

Nvidia’s Earnings Fueled AI Bulls but Still Gave the Bears More Ammo

The AI stock saw sales surge 78 percent on huge chip demand.

Inc. - Feb. 27

Hume launches new text-to-speech model Octave that generates custom AI voices with adjustable emotions

Hume emphasized its Octave TTS pricing is around half the cost of the competing offering from AI voice creation startup ElevenLabs.

VentureBeat - Feb. 26

Countdown underway for players to crack top 50 in the world and earn Masters invites

The Florida swing on the PGA Tour unofficially marks the start of the road to the Masters, and it’s that time of the year when every point matters.

Yahoo Sports - Feb. 26

Alibaba shares jump 14% after pledge to invest ‘aggressively’ in AI

Chinese tech group says it will spend more on artificial intelligence in next three years than over past decade

Financial Times - Feb. 21

Trump shares AI video envisioning Gaza development with gold statue of president

President Trump on Tuesday evening shared a video using artificial intelligence (AI) that showcases his proposals for the potential development of the war-torn Gaza Strip, complete with a golden ...

The Hill - Feb. 26

Trump Shares AI Video of Gaza as Luxury Resort, Drawing Scorn

One scene from the video, whose origins are unclear, shows President Trump and Prime Minister Benjamin Netanyahu sitting shirtless at a pool with drinks. Hamas condemned it as “disgraceful.”

The New York Times - Feb. 27

‘She’s bleeding her retirement dry’: My friend earns $9 an hour, but wastes money on vacations and massages. What can I do?

‘She blew through her inheritance fast and paid for the down payment on her car with credit cards’

MarketWatch - Feb. 23

Broadcom Shares Soar 9 As Earnings Top Estimates on Demand for Custom Ai Chips

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