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The hyperscaler impressed Wall Street by holding firm on AI spending.
Shareholders just got a caffeinated jolt from the coffee purveyor.
(Bloomberg) -- A bipartisan group of US senators urged Apple Inc. to abandon any efforts to buy chips from blacklisted Chinese semiconductor suppliers CXMT Corp. and Yangtze Memory Technologies Co., warning that the iPhone maker risked becoming reliant on a US adversary for crucial components.Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates Ag
The company reported a 557% annual increase in operating income in the second quarter.
Two trading sessions reached opposite conclusions about the same report. One of them had the better argument.
SoFi crushed revenue estimates and raised its top-line outlook, yet shares cratered 10% anyway as sellers zeroed in on one number management refused to budge on.
The Tim Cook era was a highly profitable one for Apple shareholders.
Qualcomm said on Wednesday it has signed a long-term deal to supply chips for German luxury automaker BMW's future digital cockpit and advanced driver-assistance systems through the next decade. The agreement comes as competition intensifies in the automated driving market, with Nvidia and Mobileye Global also aiming to supply chips and software platforms to automakers. • The deal includes Qualcomm's Snapdragon Digital Chassis solutions, including cockpit processors, automated driving chips and AI accelerators, which the companies said would establish the hardware basis for BMW's AI-led platforms.
Investing.com -- Capital Economics told clients in a note Wednesday that the recent selloff in AI-linked tech giants is being driven by fear rather than hard evidence, and it expects the rally to resume, at least for now.
Gold is currently pulling back after a blistering return in 2025.
SpaceX's growth vision remains entirely intact.
Avis delivered some key cost improvements but faced macro headwinds in the second quarter.
Apple's market cap briefly hit $5 trillion before Thursday's earnings, testing Tim Cook's final report as CEO.
PayPal reported a strong second-quarter earnings print.
The fintech just made a strong case for raising its asking price.
The company's second quarter was mixed, with a beat on revenue but a wide miss on profitability.
Qualcomm (NASDAQ:QCOM) heads into Wednesday’s Q3 earnings report on July 29 at just 15x forward earnings, despite returning billions of dollars to shareholders and expanding beyond smartphones. Qualcomm also offers investors a dividend yield above 2% alongside exposure to growing automotive, IoT, and hyperscaler chip businesses. Qualcomm’s 15x Forward P/E Leaves Room for Upside QCOM trades ... Is Qualcomm Stock a Buy Ahead of July 29 Q3 Earnings?
Caterpillar has quietly become one of Wall Street's most unexpected AI infrastructure plays, but a 10% pullback from all-time highs and mounting tariff costs raise a critical question about whether the bull case still holds.
The social media company may also become a cloud computing provider.
Intel reported blowout numbers in the second quarter of 2026.
The stock is trading at a discount over a short-term issue.
Nvidia Makes Surprise $1 Billion Move as Naver Stock Explode
Despite the futures rebound, retail investors remain cautious. Stocktwits data showed retail sentiment is ‘bearish’ on SPY and QQQ.
Intel has joined the AI infrastructure party, but that doesn't make its stock a buy.
(Bloomberg) -- Moonshot AI is poised to make its Kimi K3 model available for public download, expanding its reach and influence in the global open software community at a time of growing US concern about Chinese encroachment into the top echelons of AI development.Most Read from BloombergDeepSeek Suspends Fundraising After Viral US-China PostsSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysUS, Iran Extend Pause in Strikes as Oman Holds Hormuz TalksTrump Seethes as Iran War Spirals A
The telecom already has a plan for every dollar of its massive free cash flow stream -- and investors should love it.
Cincinnati Financial has an impressive dividend history, but there's more to consider before you buy this insurance stock.