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Nebius stock soars after quarterly results.

Tower Semiconductor (NASDAQ:TSEM) reported better-than-expected financial results for the first quarter and issued an upbeat outlook, sending its shares 12% higher on Wednesday morning. For the quarter ended March 31, 2026, Tower Semiconductor reported revenue of $413.6 million, compared with...

Nvidia and other chip stocks tied to the artificial intelligence megatrend received positive analyst reports on Wednesday.

AI Boom Sends Nebius Stock Flying After Stunning Earnings Beat

Raj Subramaniam downplays fears around logistics expansion push

GameStop CEO Ryan Cohen isn’t giving up on his quest to buy eBay, even after his unsolicited $56 billion takeover proposal was rejected earlier this week. EBay “needs to be on Ozempic–it’s literally obese,” Cohen said in an interview with crypto influencer Anthony Pompliano that was published online Wednesday. Cohen went on to explain why he wants to own eBay, including big cost-cutting opportunities he says he is eyeing.

(Bloomberg) -- Cloud computing provider Nebius Group NV reported a 684% jump in first quarter sales on increased demand for its data centers. Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Counts Second-Home RevenueInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyRevenues reached $399 million for the quarter, the Amsterdam-based company said in a st

The S&P 500 Index ($SPX ) (SPY ) today is down -0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.05%. June E-mini S&P futures (ESM26 ) are down -0.20%, and June E-mini Nasdaq futures...

China’s Alibaba said that growth accelerated for both its artificial intelligence and cloud businesses in the latest quarter, driven by the AI boom, even though overall revenue rose just 3% to to 243 billion yuan ($36 billion). Revenue from its Cloud Intelligence Group, which focuses on cloud computing and AI developments, jumped 38% in the January-March quarter from a year ago.

Shares of Tower Semiconductor (NASDAQ:TSEM) surged more than 14% in premarket trading on Wednesday after the company reported stronger-than-expected first-quarter results and issued record revenue guidance for the current quarter. The stock climbed 14.

Shares of Nebius Group (NASDAQ:NBIS) surged nearly 15% in premarket trading on Wednesday after the company reported first-quarter results that exceeded analyst expectations and highlighted accelerating growth across its AI cloud business. The stock jumped 14.

Intel's rally added more than $440 billion in market value as AI optimism and Nvidia backing lifted semiconductor shares.

Investing.com -- Daiwa Capital Markets has downgraded Advanced Micro Devices to Outperform from Buy, citing the chipmaker's near-150% share price gain over the past 60 days, even as the firm raised its price target to $500 from $250 following a strong first-quarter earnings beat.

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.