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Real income growth has slowed to a pace "rarely seen outside of recession," Goldman Sachs warns — and Americans are only beginning to feel the squeeze.

Broadcom's custom chips and AI networking are winning market share in data centers.

STMicroelectronics raised the revenue target for its ‌data centre business on ‌Tuesday, citing continued strong demand tied to ​AI infrastructure and progress in expanding capacity. The Franco-Italian chipmaker now expects data centre revenue of about $1 ‌billion in ⁠2026, compared with its previous forecast for revenue "nicely ⁠above" $500 million. "Assuming the current dynamic continues and with the current ​engagements we ​have, revenues ​could double in ‌2027," STMicro said in a statement.

Enterprise AI software company C3.ai (NYSE:AI) will be announcing earnings results this Wednesday after market hours. Here’s what to expect.

Amazon.com will host its annual Prime Day sales event from June 23 to June 26 after launching the event in July for the ‌past five years, citing major holidays and sporting events as factors in its decision. Prime Day ‌is one of Amazon's biggest sales events of the year, and helped drive $24.1 billion in U.S. online spending in 2025 when ​it extended the event to four days from two, according to data from Adobe Analytics. The e-commerce company considers U.S. and global events, religious holidays and bank holidays when choosing the dates for Prime Day each year.

SpaceX may be impressive, but investors should also weigh the downside risk.

Cybersecurity platform provider CrowdStrike (NASDAQ:CRWD) will be reporting earnings this Wednesday afternoon. Here’s what to look for.

Credo Technology Group Holding Ltd (CRDO) reports a 206% revenue increase, driven by strong optical portfolio growth and strategic acquisitions, despite supply chain challenges.

Hewlett Packard Enterprise Co (HPE) reports a 40% revenue surge and a 108% increase in EPS, driven by robust performance in Cloud, AI, and Networking segments.

Palo Alto Networks reports earnings Tuesday as the cybersecurity company integrates CyberArk and positions itself to secure AI agents across enterprise networks.

Tesla influencer AleXandra Merz said that a 50/50 SpaceX-Tesla merger could revalue Tesla from $1.6 trillion to $2.05 trillion.

40% of nearly 1,000 major companies surveyed by Bain & Company found cost reductions from AI use of just 10% or less.

Taiwan President Lai Ching-te said on Tuesday that maintaining the ‌political status quo is the most responsible thing the island can do to secure global supply chains ‌as it hosts some of the world's leading technology leaders at an annual conference. Taiwan plays a pivotal role in the global artificial intelligence supply ​chain for companies including Nvidia and Apple, and its position is anchored by the world's largest contract chipmaker, TSMC. "As the world's need for AI grows, so too does its need for a Taiwan that is stable, trustworthy, and capable of shouldering responsibility," Lai said at the opening ceremony of Computex in Taipei, where leaders of some of the largest global technology companies ‌are gathering.

Monday on Wall Street, U.S. stocks ticked to more records. The S&P 500 added 0.3% to close at 7,599.96 and the Dow Jones Industrial Average rose 0.1% to 51,078.88. The Nasdaq composite climbed 0.4% to 27,086.81.

(Bloomberg) -- Nvidia Corp. Chief Executive Officer Jensen Huang said he pays his workers as much as possible, weighing in on a growing global debate about how profits from the AI infrastructure boom should be shared.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAndrew Left Foun

The weekly grocery trip is no longer just a trip. Many shoppers are ordering groceries from their phones, using delivery for last-minute dinner ingredients, medicine, pet food, baby supplies, and household essentials that once required a quick run to the store. That shift has made delivery speed ...

Fast food has become more of a luxury for U.S. consumers in recent years, as menu prices have continued to climb amid inflation. The average restaurant menu prices increased by 31% between February 2020 and April 2025, according to Bureau of Labor Statistics data analyzed by the National ...

(Bloomberg) -- China is pitching itself as the global fulcrum for the next phase of artificial intelligence and a legion of robotics companies is lining up initial public offerings to test investor appetite.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionAlphabet to Raise $80 Billion in Equity for AI SpendingStocks Rise on Trump’s Iran Re

The New York-based alternative asset manager raised more than the $10 billion target for the Blackstone Capital Partners Asia III fund.

Tesla (TSLA) has developed one of the most important advantages in the electric vehicle (EV) industry over the years. The corporation doesn’t only move a lot of EVs. It has also been a benchmark for maximizing the driving range from every kilowatt-hour of battery capacity. It matters to drivers who ...

Damage to a Blue Origin launch pad from the spectacular explosion of the company's giant New Glenn rocket ‌during a test firing of its engines last week will "take ‌some serious time" to repair, NASA Administrator Jared Isaacman told CNBC on Monday. The mishap came ⁠at a critical time for the Blue Origin rocket and Amazon satellite ventures of billionaire Jeff Bezos, who is seeking to compete on a more ​equal footing ​with Elon Musk's SpaceX, the world's ​leading private space launch service. Company ‌and industry sources said over the weekend that the explosion had left the launch pad "practically destroyed" and in need of repairs that engineers expect will disrupt operations for at least six months.

Eli Lilly (LLY) just did something worth paying attention to. With CVS Caremark announcing coverage of both Zepbound and newly approved Foundayo starting this summer, all three of the largest U.S. pharmacy benefit managers now cover Lilly’s complete obesity medicine portfolio. That’s a clean sweep ...

Nvidia boss Jensen Huang said on ‌Tuesday the company has enough supply ‌to accommodate robust growth for central processing units (CPUs) as ​well as graphics processing units (GPUs) as it rides a boom in artificial intelligence. Chief Executive Huang was speaking at Nvidia's GTC ‌press conference during ⁠Computex week in Taipei, a day after the $5 trillion chip giant ⁠unveiled a new chip that processes AI capabilities directly. Nvidia's new chip, which will ​be launched ​in the fall, ​puts AI capabilities directly ‌into laptops and desktop computers, pitting it against the likes of Advanced Micro Devices, Intel and Apple.

Glenmark Pharmaceuticals Ltd (BOM:532296) reports robust Q4 growth, achieves debt-free status, and sets ambitious targets for FY27.

The Dow Jones Industrial Average added 0.1% while the S&P 500 was up 0.3% and the Nasdaq Composite gained 0.4%. The tail end of a robust first-quarter earnings season, ongoing artificial intelligence strength, and inflation figures roughly in line with expectations were enough to push equities higher today—familiar trends that have helped push the Nasdaq to its best two-month stretch in decades.

Nvidia (NVDA) believes the next battle will take place somewhere altogether different. At GTC Taipei, the firm unveiledRTX Spark, a new Windows platform designed for artificial intelligence agents. Rather than just helping users work faster, Nvidia envisions computers that can also reason through ...

Big tech companies spend enormous sums of money all the time. They buy back stock, pay dividends, make acquisitions, and write checks that would make a defense contractor blush. Most of that spending is legible to investors. You can model it, forecast it, and plug it into a spreadsheet. But there ...

Hewlett Packard Enterprise (NYSE:HPE) reported what executives described as a record fiscal 2026 second quarter, with revenue and earnings exceeding the company’s outlook and management raising its full-year financial targets on stronger demand across networking, cloud and AI. President and Chief E

(Bloomberg) -- It’s been a source of intrigue and confusion among currency traders for years. Just how does China decide each day where it’s going to set its fixing rate for the yuan — a reference point that determines its permitted trading range for the next session?Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionStocks Rise on Trump’s I

Nick Bilton was greeted with open hostility from high-profile correspondent Scott Pelley, according to people at the gathering.