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Costco Wholesale's (COST) fiscal third-quarter earnings are expected to fall short of consensus esti
The ruling removes a major legal obstacle as OpenAI explores future growth plans.
Saudi Arabia-backed artificial intelligence company Humain has picked Goldman Sachs to advise on a financing package to build data centres in the kingdom that could be worth at least 20 billion riyals, two sources with knowledge of the matter told Reuters, as the firm races to expand capacity amid a regional AI push. The move illustrates how Saudi Arabia, like Gulf neighbours Qatar and the United Arab Emirates, is accelerating its AI build-out to capitalise on surging global demand for computing power. The country is also banking on cheap energy to power data centres - a powerful lure for hyperscalers such as Google, Microsoft and Meta that are driving AI adoption.
Nuclear reactor developer X-Energy’s stock has been in a lull since the company’s highly successful initial public offering last month, but investors should focus on the long-term potential rather than day-to-day trading, analysts say. A host of investment banks initiated coverage of X-Energy on Tuesday as the quiet period on firms involved in its IPO lifted. As is often the case with IPO underwriters, most opinions were positive.
NextEra Energy is acquiring Dominion Energy to secure essential grid infrastructure and power the expansion of artificial intelligence across the nation.
Morgan Stanley Flags Recession Risk but Doubles Down on Stocks
Inbesting.com -- Canada’s annual inflation rate accelerated less than anticipated in April as underlying price pressures showed signs of cooling. According to data from Statistics Canada, the consumer price index rose 2.8% from a year earlier, marking its fastest pace since May 2024 but falling short of the 3.1% rate economists surveyed by Bloomberg expected. Higher energy prices, particularly for gasoline, served as the primary driver behind the acceleration in the headline figure. Geopolitical
Gold prices edged lower early Tuesday as the dollar and yields continued to climb on rising concerns
Investing.com -- Target on Tuesday appointed Jeff England as its chief supply chain officer as CEO Michael Fiddelke works to strengthen the retailer's management team while pushing for improved efficiency and sales growth.
By Aditya Soni and Abhirami G May 19 (Reuters) - Microsoft's biggest data center in India is on track to open by mid-2026, its country head said on Tuesday, as the tech giant spends heavily to bolster
May 19 (Reuters) - The S&P 500 and the Nasdaq opened lower on Tuesday, pressured by a selloff in heavyweight chip stocks and lingering inflation concerns as Treasury yields continued to rise.
Chip stocks are tanking as Treasury yields rise amid inflation.
Investing.com -- Global equities are trading at highs even as the Straits of Hormuz remain closed, and the growth-inflation mix deteriorates, a situation Goldman Sachs says is explained primarily by corporate earnings.
Yields on U.S. Treasurys are continuing their ascent today, after climbing to multiyear highs over the past days. Yields on 10-year Treasurys are now trading well above 4.6%, while 30-year notes are not far off from 5.
Many people dream about success, but far fewer are willing to accept the sacrifices that often come with it, according to “Shark Tank” investor Robert Herjavec. In a recent video clip he shared on his YouTube channel, Herjavec reflected on...
Radcom (NASDAQ:RDCM) reported a stronger first quarter of 2026, with management highlighting revenue growth, expanded profitability and continued investment in AI-driven telecom service assurance. Chief Executive Officer Benny Eppstein said the company delivered revenue of $18.6 million in the quar
By Ragini Mathur and Utkarsh Hathi May 19 (Reuters) - U.S. indexes were on track to extend declines and open lower on Tuesday, weighed by a drop in chip stocks and persistent inflation worries despite
Cerebras offers a bold alternative to traditional AI chips, but CBRS stock’s explosive debut raises valuation concerns.
Trimble’s stock price has taken a beating over the past six months, shedding 26.3% of its value and falling to $55.66 per share. This may have investors wondering how to approach the situation.
Nissan is considering using the same strategy as Tesla now that Canada has drastically lowered tariffs on Chinese-made electric vehicles. Meanwhile, Chinese EV makers are already angling to break into the Canadian market.
The artificial intelligence (AI) tech leader has beaten the Wall Street consensus earnings estimate in 21 of the past 23 quarters.
Target Corporation is set to report first-quarter earnings before the opening bell on Wednesday, May 20. Analysts expect the retailer to post earnings of $1.45 per share, up from $1.30 a year earlier, on revenue of $24.63 billion versus $23.85...
Ceragon (CRNT) delivered earnings and revenue surprises of +100.00% and +6.06%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
U.S. stock futures were pointing to small losses amid fear that without a diplomatic breakthrough on Iran, oil prices will keep rising and push up inflation.
A $99 million settlement proposal with a group of farmers and independent agriculture repair shop owners received preliminary approval this week in a separate case.
Investing.com -- Bank of America maintained a Buy rating and $320 price target on Nvidia ahead of the chipmaker’s fiscal first-quarter results due after the close on Wednesday, identifying five key debates likely to dominate investor focus beyond the headline beat-and-raise dynamics the firm expects.
