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A new bull on Wall Street sees a lucrative future for the artificial intelligence (AI) chip designer.
TJX's fiscal Q1 report arrived with some good news for investors.
Scion Group CEO Rob Bronstein said that his team is targeting real estate around universities that represent a 'strong return on investment' in terms of tuition, as his company announces a deal with Ares Management to but $910M in student housing properties. Bronstein, joined by Bloomberg's Norah Mulinda, said that his investment is aimed at providing a wide net of locations and price points in the student housing market.
Cameco and BWX Technologies will profit from the soaring demand for nuclear energy.
Investing.com -- Elf Beauty on Wednesday beat Wall Street estimates for its fourth quarter results but projected weak annual sales and profit in a sign that rising oil prices linked to the Iran war are affecting companies.
US equity indexes jumped at the close on Wednesday as government bond yields sank amid a slide in cr
<body><p>STORY: "If you look at earnings revisions in emerging markets, they're actually up 30%. So there is a lot of growth happening overseas that investors are not necessarily paying close attention to," says Isherwood, adding that based on previous trading patterns of the S&P 500 and Nasdaq as represented by the QQQ ETF, emerging markets could surge.</p></body>
Nvidia's first-quarter data center sales soared by 92% from last year to $75 billion, a new record. Nvidia also changed how it breaks up data center sales in its reporting. It's now showing how much of it comes from outside of the so-called "hyperscalers" of Amazon.com, Microsoft, Alphabet, and Meta Platforms.
Nvidia forecast second-quarter revenue above Wall Street expectations on Wednesday, and announced an $80 billion share repurchase program. Shares of the company were marginally down in extended trading. The world's most valuable company expects revenue of $91 billion, plus or minus 2%, compared with estimates of $86.84 billion, according to data compiled by LSEG.
Cosmetics company e.l.f. Beauty (NYSE:ELF) beat Wall Street’s revenue expectations in Q1 CY2026, with sales up 35.1% year on year to $449.3 million. On the other hand, the company’s full-year revenue guidance of $1.85 billion at the midpoint came in 0.7% below analysts’ estimates. Its non-GAAP profit of $0.32 per share was 12.2% above analysts’ consensus estimates.
US equity indexes jumped ahead of Nvidia's (NVDA) earnings and as government bond yields sank amid a
Most retirees who own an S&P 500 index fund hold a portfolio dominated by mega-cap technology, with mid-sized businesses getting almost no weight despite making up a meaningful share of corporate America. That gap is the reason the Vanguard Mid-Cap ETF (NYSEARCA:VO) exists, and with roughly $94 billion in assets and a 0.04% expense ratio, ... Vanguard’s $94 Billion Mid Cap ETF Is Quietly Beating the S&P 500 With a Fifty Year Old Strategy
Okta Inc (NASDAQ:OKTA) is expected to top its first-quarter contracted revenue growth target when the identity security company reports results on May 28, though second-quarter guidance may fall short of Wall Street expectations, Jefferies said in a research note. The firm maintained its Buy...
Netflix Inc (NASDAQ:NFLX, XETRA:NFC)'s advertising business is accelerating, according to Bank of America, with its ad-supported tier surpassing 250 million monthly viewers globally, up from 94 million a year ago as the streaming giant expands its live sports lineup and pushes into new...
Bloom Energy Corporation (NYSE:BE) is one of the 8 Best Climate Change Stocks to Buy According to Analysts. Based on 29 analyst ratings compiled by CNN, 45% rated Bloom Energy Buy, while 45% rated it Hold. The stock has a median price target of $275, a 5.23% upside from the current price of $261.34. On […]
NextEra's $66.8B Dominion deal fuels AI-driven power demand, making utility ETFs like XLU timely plays.
Wednesday's rally is a mirror image of Tuesday's sell-off. Here's what changed overnight.
The U.S. dollar has been quietly making a sustained advance on global currency markets amid a surge in global energy prices and a stunning comeback rally in the stock market. The dollar’s gains, in fact, could extend over the coming weeks, and start to weigh on domestic stock performance over the back half of the year, with the Iran war effectively closing the Strait of Hormuz and sending oil prices higher. The U.S. dollar index, which tracks the greenback against a basket of six major global currency peers, was marked 0.06% higher on Wednesday and trading at 99.03, nearly at levels seen in early April.
Shares of FuelCell Energy (NASDAQ:FCEL) are ripping higher in midday trading Wednesday, up 15% as hydrogen bulls rotate back into the most beaten-down name in the complex. Bloom Energy (NYSE:BE) stock is participating as well, gaining 9%. Plug Power (NASDAQ:PLUG) shares, by contrast, are barely budging with a 1% uptick. That’s the story today: the ... FuelCell Energy Rockets 15%, Bloom Energy Jumps 9% While Plug Power Drifts: Why Hydrogen Bulls Picked Winners
Accenture will help HUMAIN scale production-grade AI systems across Saudi government entities and enterprises.
Earlier this week, Merck announced that its pivotal Phase 3 TroFuse-005 trial showed sacituzumab tirumotecan significantly improved overall and progression-free survival versus chemotherapy in certain patients with advanced or recurrent endometrial cancer, also meeting a key secondary endpoint of objective response rate with no new safety concerns. This is the first global Phase 3 study in this setting where an antibody-drug conjugate outperformed chemotherapy on both survival measures,...
A number of stocks jumped in the afternoon session after investor confidence rebounded as markets softened their view on the existential threat AI poses to traditional software companies.
Chipotle is down 50% and trading at some of its lowest valuation levels in 20 years, despite climbing 2,750% during that run. CMG's long-term earnings and revenue growth outlook is strong.
Wall Street did something strange with Micron Technology (MU) on May 18. Three major firms turned more bullish on the same morning the stock fell almost 6%. That kind of split between the tape and the research desk does not happen often, and it deserves a closer look. Melius Research raised its ...
Astera Labs Explodes on AI Demand Surge, Raises Outlook After Blowout Quarter
Strong traffic growth and higher guidance reinforced confidence
The new Zhenwu M890 targets training, inferencing, and agentic AI workloads as Alibaba expands its full-stack AI strategy.
Comparable sales of 5.6% reversed a 3.8% decline from a year ago, with digital and non-merchandise revenue both accelerating
