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Meta Platform's stock was wavering as the company began cutting roughly 8,000 jobs in a prominent example of AI layoffs.

Red Cat Holdings (NASDAQ:RCAT) shares gained 3% on Wednesday after the company completed its acquisition of Quaze Technologies, a Québec-based developer specializing in wireless power transfer systems for unmanned platforms. Quaze will continue operating as an independent business unit within Red Cat while advancing its wireless power technology for integration across the company’s product ecosystem.

Nvidia stock opened in the green on Wednesday as Wall Street waited for the chip maker’s earnings to arrive after the stock market close. Shares were rising 0.7% to $222.05 in Wednesday morning trading, while the S&P 500 was up 0.

Although the lawsuit means it’s possible you could get some cash from Amazon, don’t expect two-day shipping.

Stocks are on track to break a three-day losing streak as the pressure from the bond market eases. Nvidia earnings are now in the spotlight. The S&P 500 rose 0.3%, and the Nasdaq was up 0.5%. Both indexes have lost value for three straight days.

SpaceX appears to have tapped Goldman Sachs to be lead bookrunner for its massive initial public offering.

May 20 (Reuters) - The S&P 500 and the Nasdaq opened higher on Wednesday, lifted by a rebound in chip stocks ahead of Nvidia's quarterly earnings, which investors view as a crucial test of AI demand

Lowe’s Companies, Inc. is scheduled to report first-quarter earnings before the opening bell on Wednesday, May 20. Analysts expect the home improvement retailer to post earnings of $2.97 per share, up from $2.92 a year earlier, on revenue of $22.88...

The headline numbers for TJX (TJX) give insight into how the company performed in the quarter ended April 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

The headline numbers for Target (TGT) give insight into how the company performed in the quarter ended April 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Robert Wright will return to Wendy’s as chief executive officer, where he will oversee efforts to reverse a slump in the restaurant chain’s U.S. sales.

The all-cash deal will expand Analog Devices' power delivery portfolio for AI data centers, where energy constraints are limiting system performance

GameStop said in a filing last night that it now controls the equivalent of 6.55% of the company’s outstanding shares, up from around 5%, as it keeps trying to take over the e-commerce business. Shares in both GameStop and eBay are little changed in premarket trading.

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.4% and the actively trad

Intuit is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline ‌operations and sharpen focus on its key bets including its AI efforts, according ‌to an internal memo seen by Reuters on Wednesday. CEO Sasan Goodarzi sent an email to staff earlier ​in the day, saying that reducing complexity and simplifying the structure would help it deliver better products, according to the memo and a source familiar with the matter. Intuit, which is scheduled to report third-quarter results later on Wednesday, did not immediately return a request ‌for comment.

Accenture’s stock price has taken a beating over the past six months, shedding 29.8% of its value and falling to $168.41 per share. This may have investors wondering how to approach the situation.

US equity futures were edging higher pre-bell Wednesday as traders anticipated Nvidia's (NVDA) fisca

The cuts of roughly 8,000 jobs, or 10% of staff, are meant to offset the cost of the company’s AI investments.

Currently, option traders are betting that Nvidia’s (NASDAQ: NVDA) market cap could rise or fall by $355 billion based on earnings. Nvidia’s current market cap is $5.3 trillion. The stock is up 18% so far this year, compared to the S&P 500, which is up 7%. Nvidia has signaled to Wall St. what investors should ... Nvidia Earnings Don’t Matter This Time

On Wednesday, Roivant Sciences Ltd. (NASDAQ:ROIV) posted fourth-quarter adjusted earnings per share of $0.

TJX (TJX) delivered earnings and revenue surprises of +18.14% and +2.32%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?

By Aditya Kalra NEW DELHI, May 20 (Reuters) - Indian fashion-to-beauty retailer Nykaa has asked a New Delhi court to make Meta a party to a copyright dispute filed by media firm Zee, court documents

SpaceX is targeting a valuation of up to $2 trillion when it goes public.

Flight 12 debuts orbital refueling, ship-to-ship docking and upgraded Raptor engines

TJX earnings growth accelerated again, beating views, though guidance was mixed. TJX stock rose from a key level and eyeing another.

The big-box retailer reports adjusted earnings of $1.71 a share, as revenue jumps 6.7% from a year ago.

Tesla said on X on Wednesday ‌that its Full Self-Driving (Supervised) driver assistance ‌software was being rolled out in Lithuania, the ​second country in Europe to do so after Dutch approval last month. • Dutch regulator RDW is seeking EU-wide acceptance, but other member ‌states can ⁠recognise the Dutch approval and allow the system to be deployed. • ⁠The Lithuanian Transport Safety Administration confirmed Lithuania has recognised the Dutch certification.