Latest in Micron shares jump on earnings beat, rosy guidance as data center revenue triples
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Micron shares jump on earnings beat, rosy guidance as data center revenue triples
Micron shares rose in extended trading Thursday after the company reported better-than-expected results and issued guidance that topped estimates.CNBC - 2d -
Micron gets boost with surging AI memory-chip sales; shares jump on earnings beat
Shares of memory-chip maker Micron Technology Inc. jumped in extended trading Thursday after the company’s fiscal second quarter showed that it is still seeing a boost from AI, with its ...MarketWatch - 2d -
Oracle misses on earnings and issues weak revenue guidance
Oracle missed analysts' expectations for the third quarter.CNBC - Mar. 10 -
Kohl's shares plunge 20% as retailer gives rough outlook for the year ahead
Kohl's posted a beat on revenue for the fourth quarter on Tuesday, but issued disappointing guidance for the year ahead.CNBC - Mar. 11 -
Samsung offers 80/20 revenue share for games on the Galaxy Store
Samsung Electronics announced that it will share 80% of revenues and keep 20% for itself for games on the Samsung Galaxy Store.VentureBeat - Mar. 13 -
Adobe’s stock has been an AI laggard. A ho-hum earnings forecast is adding to its declines.
Adobe Systems Inc. shares fell in after-hours trading Wednesday after disappointing quarterly earnings guidance, amid criticism on Wall Street that the software company is not yet monetizing ...MarketWatch - Mar. 13 -
Delta Air Lines slashes earnings outlook on weaker U.S. demand, sending shares lower
Delta Air Lines cut its first-quarter revenue and profit forecasts, citing weaker consumer and corporate travel demand.CNBC - Mar. 10 -
Oracle shares turn lower as quarterly revenue miss overshadows cloud deals
Oracle Corp. shares fell in after-hours trading Monday, shaking off an initial gain as investors digested the software giant’s disappointing quarterly revenue, much of it from a cloud-services ...MarketWatch - Mar. 11 -
Delta warns on profit as economic ‘uncertainty’ dents US demand
Shares tumble more than 12% after-hours as carrier cuts quarterly revenue and earnings outlook by halfFinancial Times - Mar. 10 -
OpenAI to pay CoreWeave $11.9 billion over five years for AI data centers, services
Ahead of CoreWeave's upcoming IPO, the provider of data centers for AI has signed a five-year deal with OpenAI worth almost $12 billion.CNBC - Mar. 10 -
Jim Cramer's top 10 things to watch in the stock market Tuesday
Delta and American both cut their earnings forecasts. Oracle showed the data-center buildout is continuing.CNBC - Mar. 11 -
C.E.O.s Look Beyond a Rosy Inflation Report
Better-than-expected price data can’t quite blunt worries about consumers pulling back, as companies keep scrambling to handle President Trump’s trade fights.The New York Times - Mar. 13 -
Major AI market share shift revealed: DALL-E plummets 80% as Black Forest Labs dominates 2025 data
New data reveals dramatic AI market share shifts in 2025 as Black Forest Labs and DeepSeek challenge OpenAI and Google's dominance.VentureBeat - Mar. 10 -
Pioneer fintech firm Klarna sees revenue boost as it eyes US stock market listing
Swedish company’s valuation jumped 24% in 2024 as ‘buy now, pay later’ market is projected to top $160bn by 2032. The Swedish fintech firm Klarna disclosed on Friday that its revenue jumped 24% in ...The Guardian - Mar. 14 -
Tencent profit surges 90% as it touts AI revenue boost and ramps up spending
Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue.CNBC - 3d -
IRS close to finalizing data-sharing agreement with ICE, sources say
The IRS is nearing an agreement with ICE that would allow immigration officials to use tax data for deportations, two sources familiar with the matter told ABC News.ABC News - 6h -
Cramer's week ahead: Fed meeting and earnings from FedEx, Micron and General Mills
CNBC's Jim Cramer walked investors through next week on Wall Street.CNBC - Mar. 14 -
Ulta issues weak guidance, citing consumer uncertainty, rising competition and company missteps
Ulta Beauty warned that profits and revenue will be worse than Wall Street expected in the year ahead.CNBC - Mar. 13 -
Gophers basketball: Revenue sharing delays potential renovations to Williams Arena
In 2023, the Gophers athletics department contracted with an architectural design firm to explore the feasibility of renovations to Williams Arena or, to a lesser likelihood, building a new venue ...Yahoo Sports - Mar. 14 -
Delta cuts its once-rosy outlook. Here’s what’s worrying the airline.
Shares of Delta Air Lines Inc. dropped more than 9% after hours Monday after the airline slashed its current-quarter estimates, seeing trouble ahead for demand for its domestic flights.MarketWatch - Mar. 11 -
Accenture is DOGE's first corporate casualty as shares dive on warning that contracts will be cut
Shares of Accenture slid more than 7% on Thursday after the consulting firm said tighter federal spending efforts have begun to weigh on its revenues.CNBC - 1d -
S&P 500 closes higher on soft inflation report; Nasdaq jumps 1% as traders snap up tech shares
The Nasdaq Composite rose on Wednesday after a soft inflation report eased concerns about the economy and as investors snapped up beaten-up technology shares.NBC News - Mar. 12 -
Baidu shares jump 10% following release of new free-to-use AI models
Shares of Chinese tech giant Baidu were trading up 10% in trading in Asia, as investors reacted positively to a spate of AI model releases over the weekend.CNBC - 5d -
China’s Hesai denies short-seller claims on revenues and military ties
Car-sensor maker’s shares slide after allegations by Blue Orca CapitalFinancial Times - 4d -
Chinese shares turn positive for the year
CSI 300 jumps after Beijing announces consumption plan amid growing hopes for the country’s AI sectorFinancial Times - Mar. 14 -
BYD's shares rally after rolling out new technology it claims charges EVs in five minutes
BYD shares jumped on Tuesday after the company announced a new technology that allows electric cars to be charged at a far faster rate than what rivals offer.CNBC - 4d -
Bath blow away Exeter to win first trophy since 2008 under guidance of Andy Robinson
There was once a time when Bath Rugby ruled supreme, dominating the English rugby landscape with a style of play, which for years saw them rewarded with its fair share of silverware.Yahoo Sports - 6d -
March Madness: Mount St. Mary’s beats American 83-72 in First Four to earn date with No. 1 Duke
The Mountaineers earned a date with No. 1 seed Duke on Friday in an East Region game at Raleigh, North Carolina.Yahoo Sports - 3d -
‘Gender numeracy gap’ is hitting women’s earnings power
One in three UK women say they would not apply for jobs that require working with numbers or dataFinancial Times - Mar. 13 -
11 area wrestlers earn Keystone State Championships titles
STATE COLLEGE, Pa. – Eleven area youth wrestlers earned Keystone State Championships titles Saturday and Sunday at Bryce Jordan Center. In the boys 15-16 bracket, Berlin Brothersvalley's Dawson ...Yahoo Sports - 6d -
Boeing shares jump after CFO gives upbeat outlook, says cash burn is easing
Boeing's cash burn is easing this quarter and its factories are improving, the aerospace giant's CFO Brian West's said.CNBC - 3d -
Shares of DocuSign surge 14% on strong earnings, AI boost
CEO Allan Thygesen said the company has "started to turn the corner on the core business."CNBC - Mar. 14 -
Microsoft is open to using natural gas to power AI data centers to keep up with demand
Microsoft Vice President of Energy Bobby Hollis said natural gas with carbon capture is an option if the projects are commercially viable.CNBC - Mar. 11 -
We're adding to an industrial that eased worries about its AI data center business
We're making another buy on Thursday — taking advantage of weakness and lower stock prices in a deeply oversold market.CNBC - Mar. 13 -
Abu Dhabi's ADQ and American private equity firm ECP make $25 billion bet on powering U.S. data centers
The UAE has worked to strengthen ties with the U.S. on AI, and is seeking greater access to American technology in order to build its own infrastructure.CNBC - 2d -
Nike shares hit 5-year low as tariffs and consumer caution threaten sales
Sportswear group issues weaker than expected revenue forecast in latest setback to turnaround effortFinancial Times - 1d -
Uncertain Shoppers Slow Spending as Retailers Temper 2025 Expectations
The Conference Board said consumer confidence took its biggest one-month slide in four years, forcing many national chains to lower earnings guidance.Inc. - Mar. 7 -
Michigan basketball earns No. 5 seed in men's NCAA Tournament: Social media reacts
Michigan earned a No. 5 seed in the 2025 NCAA Tournament despite beating No. 3 seed Wisconsin for the Big Ten championship. Here are social reactions:Yahoo Sports - 6d -
'CBS Mornings' is leaving its Times Square studio amid Paramount cost-cutting
Faced with shrinking revenue, the program led by Gayle King is returning to the network's West Side broadcast center later this year.Los Angeles Times - 1d -
Elon Musk’s DOGE Calls in U.S. Marshals When a Small Agency Refuses to Share Data
The U.S. African Development Foundation refused to let DOGE members into its offices. DOGE returned with law enforcement.Inc. - Mar. 7