BlackRock shares rallied after the investment firm posted bumper quarterly results and made history as the first investment firm to manage more than $15 trillion in assets. BlackRock was the second-best performing stock in the S&P 500 index, which rose 0.4%. The S&P Financials, which includes BlackRock and a parade of large U.S. banks that also reported strong earnings this week, rose 0.7% to close at a record high.
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Apple shares climbed to a fresh record Wednesday, in the wake of reports the iPhone maker is considering buying an AI chip company to fuel its AI ambitions.
Nvidia stock is approaching a proper buy point as the artificial intelligence chip leader received some reassuring news this week.
Every quarter the bears declare the iPhone cycle dead, and every quarter Apple proves them wrong. Here is why one investor keeps adding to the position anyway, and what the skeptics keep getting wrong about the business.
The carrier posted $1.99 adjusted earnings per share in the second quarter, topping Wall Street's estimate of $1.88
Defense stocks offer steadier returns with lower volatility, while airline operators deliver higher dividend yields but face greater downside risk.
BlackRock led a major rally in financial stocks. Its assets under management crossed a record $15 trillion for the first time, boosting its shares by 7%. Dealmaking added fuel to Wall Street, with PayPal surging 17% on a reported $53 billion takeover offer from Stripe and Advent.
Applied Materials (NASDAQ: AMAT) and KLA (NASDAQ: KLAC) both closed strong quarters tied to AI infrastructure buildout. Applied posted Q2 FY2026 revenue of $7.91 billion on May 14, 2026. KLA reported Q3 FY2026 revenue of $3.415 billion on April 29, 2026. Both beat consensus. Their playbooks look nothing alike. AI Fab Tools Lift One. Inspection ... Applied Materials Vs. KLA Corporation: This AI Infrastructure Play Is A Better Buy
A positive day for several of Wall Street's biggest stocks helped offset another down day for chipmakers.
Aehr Test Systems climbed by 21.91 percent on Wednesday to close at $87.79 apiece, after management projected a sharp acceleration in its full-year growth for fiscal 2027, underpinned by a record backlog and the continued strong demand for semiconductor testing solutions in AI infrastructure. In an earnings call on Tuesday, the company said that it […]
Bloom Energy turned positive free cash flow while Plug Power burned $661.5 million, a stark contrast that reshapes the profitability race.
Analysts say the market overreacted to New York’s data-center moratorium, adding that TeraWulf’s existing operations remain largely insulated.
IonQ is leading the way on quantum computing accuracy.
IBM's weak preliminary Q2 results erased $55 billion in market value. But Wall Street remains divided on whether Big Blue can stage a comeback.
Physics turned into a bill of materials convinced me to keep adding to one hard drive maker, even as insiders sell and a forward P/E of 37 raises eyebrows from value investors who remember what cyclicality does to hardware names.
Both offer exceptionally low expense ratios of 0.03%, but SCHA has delivered a stronger one-year return.
Shares of mediterranean fast-casual restaurant chain CAVA (NYSE:CAVA) jumped 6.1% in the afternoon session after Morgan Stanley upgraded the company chain to Overweight from Equalweight, and raised its price target to $90.
BlackRock Inc (BLK) reports robust growth with record net inflows and revenue, while navigating increased expenses and market volatility.
Quantum Computing's pullback may offer an entry point as improving revenues, acquisitions and commercial momentum support its rebound outlook.
Nvidia stock may have slowed down this year, but Wall Street thinks the biggest rally is still ahead.
Shares of digital payments platform PayPal (NASDAQ:PYPL) jumped 17.2% in the morning session after reports revealed payments company Stripe and private equity firm Advent International made a joint offer to acquire the company for over $53 billion.
Apple's China AI Approval Sends Alibaba Stock Higher
Report says company is exploring semiconductor startup deals
Best Buy Co Inc (NYSE:BBY)'s early bet on RGB TV is starting to pay off, Jefferies says, pointing to rising site traffic and social media buzz as signs the retailer is building consumer awareness of the emerging technology. Jefferies analysts flagged that Best Buy holds exclusive rights to...
Stripe's $53 Billion Bid Ignites Massive Rally in PayPal Stock
The cloud giant named a veteran Amazon executive to oversee a key AWS division following the departure of a long-serving leader.
Meta keeps beating expectations by wider margins than almost anyone predicted, and a single event on the September calendar shifts the investment case in a way most coverage ignores entirely.
Johnson & Johnson's post-earnings pullback follows a revenue and EPS beat, raised guidance, and analyst price target increases, with talc litigation remaining the key risk to watch.
United Airlines Holdings Inc (NASDAQ:UAL, XETRA:UAL1) will report second-quarter earnings after the market close on Wednesday, with investors focused on how the carrier is managing rising fuel costs against resilient travel demand. UBS analysts said the bar for second-quarter earnings per...
Datadog's enterprise software is in demand, and that's driven its stock closer to a buy point and outperformance of the S&P 500.