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 - 4d -
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 - 4d -
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 -
IRS nears deal with Ice to share data of undocumented immigrants – report
Immigration officials could give names and addresses to IRS amid concerns over Trump administration’s abuse of power. The US Internal Revenue Service (IRS) is reportedly nearing a deal to allow ...The Guardian - 1d -
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 -
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 -
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 -
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 -
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 -
A 'very rare trend' is taking place in the fixed-income market, led by a booming trade in AI data center bonds
Bonds issued to fund AI data centers are one example of where investors are placing bets as stocks decline, but treasuries and corporates remain out of favor.CNBC - 1d -
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 - 5d -
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 - 2d -
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 -
A former Vikings QB has earned a starting job but not with an NFL team
A former Vikings QB has earned a starting job but not with an NFL team, he has made the jump and found success in the UFL.Yahoo Sports - 14h -
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 -
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 -
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 -
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 - 6d -
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 - 3d -
Trump Media shares jump on announcement of ETF deal with Crypto.com
President Trump's media company announced an agreement with Crypto.com on Monday to launch ETFs and related products.CNBC - 5h -
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 -
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 - 5d -
Trump news at a glance: reports of IRS data deal spark fears for undocumented migrant workers
Possible shift in taxpayer data use aligns with more aggressive Trump immigration policies – key US politics stories from Sunday at a glance. The US Internal Revenue Service is reportedly nearing ...The Guardian - 1d -
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 - 6d -
IRS-ICE near agreement to share tax data for deportations: Report
This would mark a significant shift in longstanding IRS policy, which has traditionally kept taxpayer information strictly confidential.The Hill - 17h -
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 - Mar. 16 -
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 - 5d -
‘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 - Mar. 16 -
Chinese electric carmaker BYD sales beat Tesla
The Shenzhen-based firm says revenue for last year came in at $107bn, boosted by sales of its hybrid vehicles.BBC News - 1h -
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 - 5d -
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 -
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