Gold was steady early Wednesday even as the dollar rose after a report showed U.S. wholesale inflati
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Gold was steady early Wednesday even as the dollar rose after a report showed U.S. wholesale inflati
Editor’s note: This article was updated to add details and context. U.S. producer prices jumped the most since 2022 last month as the Strait of Hormuz energy shock continued to feed through the inflation pipeline, adding fresh concerns over the Federal Reserve’s rate outlook. The rate of increase in the headline Producer Price Index climbed from an upwardly revised 4.3% year-over-year in March to a whopping 6% in April, the Bureau of Labor Statistics reported Wednesday. The outcome largely toppe
DigitalOcean's solid quarterly report has sent the stock soaring, and there is a chance this cloud stock will continue to head higher amid improving growth prospects.
Wolfspeed stock jumped for the seventh day in a row.
Wolfspeed stock jumped for the seventh day in a row.
Nebius posted $399 million in first-quarter revenue and announced a new gigawatt-scale AI factory in Pennsylvania, its second such site in the U.S.
Gilat (GILT) delivered earnings and revenue surprises of +400.00% and -3.77%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Investing.com -- Nebius Group N.V. (NASDAQ:NBIS) reported first-quarter results that significantly exceeded analyst expectations, sending shares over 14% higher in premarket trading.
Tower Semiconductor on Wednesday forecast second-quarter revenue above estimates and said it landed $1.3 billion in deals for 2027 to supply chips that use light to move data at high speeds through artificial intelligence data centers. Strong demand for its analog and mixed-signal processors on the back of rising investment in data centers and AI helped boost the Israeli contract chipmaker's quarterly forecast, sending its U.S.-listed shares over 17% before the bell. Integrated circuits developed by the company are used by a wide range of industries including automotive, industrial, consumer electronics and communications.
Alibaba stock surged following quarterly results.
The Chinese tech giant posted adjusted net income of just $12 million in the March quarter, while cloud revenue rose 38% on AI demand
Nebius Group on Wednesday reported higher-than-expected first-quarter capital spending, driven by investments tied to the procurement of graphics processing units and data center hardware for its core AI cloud business. The company has grabbed a slice of the lucrative AI and cloud infrastructure market by providing Nvidia GPUs and computing platforms to developers. However, analysts have flagged Nebius' heavy capital spending as a major concern as the company aggressively expands its global data center footprint, putting pressure on margins despite strong revenue growth.
Although the US economy has not undergone a genuine depression since the first part of the 20th century under Presidents Herbert Hoover and Franklin D. Roosevelt, the less severe recession has emerged numerous four times since 2000: 2001: The Dot-com bubble crash 2007-2008: The subprime mortgage banking meltdown 2020: The Covid-19 pandemic 2022: “Technical” recession ... Boring Beats Brilliant: How a Utilities ETF Has Quietly Trounced the S & P 500 in Nearly Every Recession This Century
A stunning run-up in shares of semiconductor companies has helped drive the U.S. stock rally, but the eye-popping gains are sparking concerns about an overheated market and prompting some investors to prepare for a pullback. The latest wave of artificial-intelligence market enthusiasm is buoying semiconductors broadly, after bellwether Nvidia symbolized the AI trade over most of the bull stock market that began in late 2022. "It's sort of a perfect mix - there is enough of a fundamental story, and then the technical story is also quite strong," said Steve Edwards, senior investment strategist at Morgan Stanley Wealth Management.
Tech stocks looked set to rise on Wednesday as investors bought the dip ahead of President Donald Trump’s summit with China's premier Xi Jinping in Beijing. The three major indexes all slid on Tuesday after the April consumer price index report showed inflation picked up faster than expected last month. The market will be keeping a close eye on Trump’s trip to China, with the two leaders expected to discuss trade and the Iran war.
(Bloomberg) -- Gold held a decline, after accelerating US inflation lifted the odds of the Federal Reserve raising interest rates this year. Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyMamdani Scraps Property Tax Hike, Counts Second-Home RevenueIran Makes New Offer on Uranium in Response to US, WSJ SaysBullion was trading around $4,705 an ounce, after sliding 0.4% on Tuesday. The US consu
The industrial giant launched the buyback program of up to five years as it posted higher second-quarter revenue in its industrial businesses.
The outlook lift comes on expectations of stronger momentum in the group’s life-sciences unit, resilience in healthcare, as well as its first-quarter performance and market conditions.
Although Wall Street is sitting at fresh record highs, with the benchmark S&P 500 up 8% year to date and the technology-packed NASDAQ Composite riding a relentless AI capex wave, the bond market is telling a very different story this week. Per CME FedWatch as of late Monday, market-implied odds of a Federal Reserve rate ... Rate Cut Odds Just Collapsed to 5%. History Says This Is When Record Highs Get Tested.
McDonald's stock is trading near its 52-week lows and has a dividend yield of aroudn 2.7%. However, the stock does not look like a compelling buy yet.
a.k.a. Brands (AKA) delivered earnings and revenue surprises of +32.31% and +0.94%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Focus is on the April wholesale inflation report in the wait for pdates on US-Iran talks and Trump's trip to China.
QXO INC (QXO) delivered earnings and revenue surprises of -29.73% and +0.67%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Vishay Precision Group (VPG) told investors it sees 50% revenue growth for its business supplying parts for humanoid robots.
IBD Stock Of The Day Scorpio Tankers trades in a buy zone atop a 65% rally. Rates, demand soar on the Iran war, Strait of Hormuz closure.
Trian Fund Management, the activist fund led by billionaire Nelson Peltz, is seeking investors to finance a bid to take Wendy's private.
Tower Semiconductor (NASDAQ:TSEM) is set to report first quarter earnings before the market opens Wednesday, with investors expected to focus closely on the company’s long-term growth outlook and management commentary around future capacity expansion. Wedbush analysts wrote that they expect...
Blink narrows Q1 loss to 6 cents and beats estimates as costs fall and service revenues surge, but $20.8M sales miss signals mixed execution.