Latest in Palantir’s shares jump as ‘unwavering demand’ for AI lifts earnings
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Alibaba’s stock turns lower as investments to meet AI demand hurt profitability
Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.Business - MarketWatch - November 15 -
Nvidia’s revenue nearly doubles as AI chip demand remains strong
US chipmaker reassures investors seeking signs of the strength of boom that has made it world’s most valuable companyBusiness - Financial Times - 3 days ago -
Tesla shares close at highest in 13 months as post-earnings rally continues
Following Tesla's best day on the market since 2013, the stock rose more than 3% on Friday, closing at its highest since September 2023.Business - CNBC - October 25 -
HSBC shares surge on another $3 billion buyback plan and earnings beat
HSBC shares increased 4% on Tuesday as the British bank beat analysts’ earnings expectations for the third quarter and launched another $3 billion share buyback plan.Business - MarketWatch - October 29 -
Alphabet shares rise on earnings beats boosted by cloud revenue
Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines.Business - CNBC - October 30 -
Reddit shares soar 22% on earnings beat and better-than-expected forecast
Reddit reported third-quarter results that exceeded analysts' estimates and gave a forecast for the current period that was well ahead of estimates.Business - CNBC - October 29 -
This veteran tech investor won’t sell Nvidia shares now — regardless of earnings
Money manager Louis Navellier says Nvidia is the most ‘monopolistic and powerful’ stock he’s ever seen.Business - MarketWatch - 3 days ago -
Williams-Sonoma’s stock rockets to all-time high as market-share gains fuel earnings beat
Williams-Sonoma Inc.’s stock was up 26% on Wednesday after the home-goods retailer reported improved sales and market-share gains, as well as stronger-than-expected profit, despite a “difficult ...Business - MarketWatch - 3 days ago -
Nvidia shares fluctuate as investors digest third-quarter earnings
Despite nearly doubling sales year on year, Nvidia's third-quarter results show a slowdown from previous quarters.Business - CNBC - 2 days ago -
Beyond AI, AMD and Intel earnings will hit on another important trend
Next week, as the technology sector earnings reporting season begins in full force, the results from two rival chip makers, Intel Corp. and Advanced Micro Devices Inc., will give investors data on ...Business - MarketWatch - October 26 -
Meta sees AI spending accelerating as earnings top forecasts
Mark Zuckerberg cites the potential for ‘strong’ returns in coming years on heavy investments in new technologyBusiness - Financial Times - October 31 -
Nvidia earnings will drive stocks tied to AI’s growth. Here’s what to look for.
AI chip suppliers are enjoying a spending boom from ‘hyperscalers,’ which in turn use the technology to boost sales and profits.Business - MarketWatch - 3 days ago -
Nvidia earnings: AI chip leader shows no signs of stopping mammoth growth
World’s most valuable company delights investors as it reports $35bn of revenue in quarterly results. The AI chipmaker Nvidia, the world’s most valuable company and the engine of the ...World - The Guardian - 3 days ago -
AMD shares fall as forecast fails to impress despite strong AI growth
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.Business - CNBC - October 30 -
Microsoft Shares Slip as Forecast Sparks Concern About AI and Cloud Revenue
The company’s projection points to less growth than anticipated, causing concern about the payoff for its massive AI investment.Business - The Wall Street Journal - October 31 -
Mean reversion: has AI abolished gravity for share prices?
Despite the Magnificent Seven, US stocks are predicted to be riding for a fallWorld - Financial Times - November 13 -
McDonald’s earnings: Weaker demand, E. coli outbreak in focus — but sales seen at highest in years
As McDonald’s readies its third-quarter earnings report Tuesday, Wall Street is focused on demand from lower-income diners, as well as a recent E. coli outbreak.Business - MarketWatch - October 28 -
Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall
The company saw strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its animal health business.Business - CNBC - October 31 -
Tyson Foods’ stock jumps as beef, chicken sales strength fuel an earnings beat
Tyson Foods’ stock surges after a healthy earnings beat, helped by strength in beef and chicken sales.Business - MarketWatch - November 12 -
USMNT shows fight that Pochettino demands as Pepi goal earns edge vs. Jamaica
The 1-0 win in Jamaica will not live long in the memory, but it gave the U.S. the advantage in its two-legged Concacaf Nations League quarterfinal.Sports - ESPN - November 15 -
51-year-old earns over $70,000 in one of the most in-demand jobs in the U.S.—and it doesn't require a degree
Bridgette Tena launched her own roofing business, B. Barela Construction, in February 2021. She says she hopes to scale the business into a full-time career.Business - CNBC - 4 days ago -
Deere’s earnings tumble but still blow past estimates as company offers soft guidance on weak demand
Deere & Co.’s stock rose 0.6% early Thursday, after the maker of agricultural and construction equipment blew past earnings for its fiscal fourth quarter, overshadowing soft guidance for fiscal 2025.Business - MarketWatch - 2 days ago -
Expedia shares rise after company raises full-year outlook, citing progress abroad amid travel-demand concerns
Shares of Expedia Group Inc. rallied after hours on Thursday after the travel-booking platform boosted its full-year outlook, helped by consumer demand and growth in advertising and its segment ...Business - MarketWatch - November 8 -
Alibaba posts profit beat as China looks to prop up tepid consumer spend
The results come at a tricky time for Chinese commerce businesses, given the broad sluggishness in the world's second-largest economy.Business - CNBC - November 15 -
Gap says it picked up wealthier shoppers, and more market share, despite weak clothing demand
Shares of Gap Inc. rallied after hours on Thursday after the clothing retailer pushed its full-year outlook higher and said the holiday shopping season was “off to a strong start.”Business - MarketWatch - 2 days ago