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Halliburton Co (HAL) reports a 6% revenue increase to $5.7 billion, driven by international gains despite North American stagnation and Middle East disruptions.
General Motors Co (GM) reports robust earnings with increased EBIT margins and raised guidance, despite facing EV restructuring charges and market share declines.
3M Co (MMM) reports robust Q2 performance with 5.4% organic growth, increased EPS, and optimistic full-year guidance.
Yahoo Finance's Josh Lipton takes a closer look at the top stories for investors to watch on Wednesday, Jul. 22, including Alphabet (GOOG, GOOGL) and Tesla (TSLA) quarterly earnings results.
The PHLX Semiconductor Sector Index regained some of its recent losses, climbing more than 5%. Intel stood out, adding 8.6% ahead of the chip maker's earnings report on Thursday. Chip stocks are still down roughly 3% over the past five trading days.
Tesla's Q2 EPS will answer important questions about the company's legacy EV business, energy growth, and future product timelines.
Find insight on software company stocks, cybersecurity services and more in the latest Market Talks covering technology, media and telecom.
Find insight on Capital One Financial, Kalshi, bitcoin and more in the latest Market Talks covering financial services.
Mega-IPOs don't necessarily become the biggest winners -- at least, not quickly.
OpenAI has appointed two prominent financial executives from Nubank and BNY Mellon to its board of directors in preparation for a potential initial public offering.
Shares of SpaceX rose on Tuesday after the company set a date for its first earnings report as a publicly traded company.
By Utkarsh Shetti July 21 (Reuters) - U.S. exchanges will this week start reporting results, which will see a boost from volatility-driven trading volumes, but analysts are likely to weigh that
(Bloomberg) -- Global banks are poised to reap a windfall from SoftBank Group Corp.’s unprecedented borrowing binge as they fund the debt-laden conglomerate’s enormous artificial intelligence bet.Most Read from BloombergApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesChina AI Sensation Moonshot’s Gamble on Big Models Pays OffYemen’s Houthis to Impose Maritime Blockade on Saudi ArabiaTrump Vows 50% Tariff on Canadian Goods Using Depression-Era LawUS Allies in Persian Gul
A Berkshire acquisition from 10 years ago gives the Oracle of Omaha's conglomerate exposure to the data center proliferation trend.
Super Micro Computer said on Tuesday it expects to post fourth-quarter gross margins above its previous forecast, driving its shares up 16% in after-hours trading. AI infrastructure firms have seen accelerated demand as tech companies and cloud providers ramp up investments in data centers to support large language models and other AI applications. Super Micro anticipates gross margins in the range of 15% to 17% for the quarter, well above its earlier its forecast of 8.2% to 8.4%, "primarily due to a favorable customer and product mix."
(Bloomberg) -- Super Micro Computer Inc. shares rose more than 15% in extended trading after the server maker issued preliminary quarterly results saying its order backlog rose to a record in excess of $60 billion.Most Read from BloombergApple to Launch 'Upgrade' Device Leasing Program With Klarna to Spur SalesChina AI Sensation Moonshot's Gamble on Big Models Pays OffYemen's Houthis to Impose Maritime Blockade on Saudi ArabiaTrump Vows 50% Tariff on Canadian Goods Using Depression-Era LawUS All
(Bloomberg) -- Super Micro Computer Inc. shares rose more than 15% in extended trading after the server maker issued preliminary quarterly results saying its order backlog rose to a record in excess of $60 billion.Most Read from BloombergApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesChina AI Sensation Moonshot’s Gamble on Big Models Pays OffYemen’s Houthis to Impose Maritime Blockade on Saudi ArabiaTrump Vows 50% Tariff on Canadian Goods Using Depression-Era LawUS All
July 21 (Reuters) - Goldman Sachs has created a new platform as it looks to expand its private market offerings for wealthy clients, according to an internal memo seen by Reuters on Tuesday.
U.S. stocks rose broadly as chip shares staged a strong recovery and investors positioned for a wave of major technology earnings.
Chip stocks rose. Chip maker Intel was a standout, rising 8.6% ahead of its earnings report Thursday. Chip stocks have been under pressure lately as investors fret about low-cost Chinese AI models that look like strong performers.
The Dow Jones Industrial Average added 0.7%, and the Nasdaq composite climbed 1.3%. Micron Technology and Nvidia were the two strongest forces lifting the market as AI stocks climbed for a second straight day after tumbling the week before. The Nasdaq composite rose 329.13 points, or 1.3%, to 25,837.21.
Interactive Brokers earnings beat Wall Street with $1.90 billion Q2 revenue and $0.69 EPS as shares rose after hours.
OpenAI is adding David Vélez, founder and global chief executive of Nubank, a Latin American digital services firm, and Robin Vince, the chief executive of Bank of New York Mellon to its board of directors, the company said. Vince will chair the audit committee, OpenAI said. The company has worked to improve its corporate governance after a previous set of directors abruptly fired Chief Executive Sam Altman three years ago for what they described as a lack of candor in his communications, throwing the company into disarray.
At first glance, its numbers were impressive.
Treasury's fell sending yields higher, concluding a day of light U.S. economic data ahead of the Federal Reserve's interest rate meeting next week. Brent crude futures added 2% to settle above $90 a barrel.
(Bloomberg) -- OpenAI has appointed two financial services executives to its board of directors, drawing on their experience as the company moves toward a Wall Street debut. Most Read from BloombergApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesChina AI Sensation Moonshot’s Gamble on Big Models Pays OffYemen’s Houthis to Impose Maritime Blockade on Saudi ArabiaTrump Vows 50% Tariff on Canadian Goods Using Depression-Era LawMoonshot’s Kimi K3 May Be More About Memory Th
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