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The decision ends months of speculation that the two would merge and create one of the world’s largest beauty companies.

Nvidia closed 1.8% lower. The chip giant reported record sales and income that beat analyst expectations, driven by demand for data-center computing and the rise of AI agents. Nvidia’s stock is up 67% over the past 12 months, making it the largest publicly listed company in the world, with a market value of nearly $5.4 trillion.

Spaceships and quantum chips are becoming the latest objects of investors’ fascination—and the latest opportunity to exist in a world away from warning signs about U.S. consumers and fickle peace talks between the U.S. and Iran. Taken together, there is a sharpening contrast in markets between the wartime inflation surge and the promise of AI, aerospace, and emerging tech—which benefited Thursday from Nvidia strong earnings, federal investment in quantum computing and SpaceX’s leap toward the biggest IPO in history. “It’s really a dichotomy when you look at the consumer,” said Ken Mahoney, chief executive of Mahoney Asset Management.

Moby summary of Walmart Inc.'s Q1 2027 earnings call

Rocket Lab stock could benefit from space industry-related attention generated by the anticipated monster IPO of SpaceX.

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Zoom stock rose after the software maker reported Q1 earnings that beat estimates as enterprise sales growth marked a bright spot.

Take-Two Interactive Software beat Wall Street's targets for its fiscal fourth quarter but whiffed with its guidance.

Take-Two Interactive forecast annual bookings below Wall Street expectations on Thursday, but reiterated the November ‌19 launch date for the highly awaited "Grand Theft ‌Auto VI," sending its shares up around 8% in extended trading. Investors and analysts ​are keeping a close watch on the launch of "GTA VI", as the title is expected to be a cash cow for Take-Two, potentially selling millions of copies and bringing in billions ‌in revenue within days ⁠of launch. Even as the ​firm faces ​strong competition from rival publishers ​Electronic Arts and Microsoft's ‌Activision Blizzard, "GTA VI" is expected to stand out due to the immense popularity of the franchise and the track record of Rockstar Games, a unit of Take-Two and the game's developer.

Both companies emphasize confidence in their portfolios and commit to driving long-term growth independently.

By Sinéad Carew and Utkarsh Hathi May 21 (Reuters) - Wall Street's benchmark S&P 500 index closed slightly higher  after Thursday's choppy session as oil prices finished lower and investors hoped for

The companies reached a settlement with a Kentucky school district to avoid a coming trial over accusations that they intentionally designed their platforms to addict young people.

Shoppers continue to open their pocketbooks, boosting retailers like Walmart, even as inflation jumps to its highest level in three years.

Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down SpaceX's (SPAX.PVT) finances ahead of its upcoming initial public offering (IPO).

US stocks (^DJI, ^IXIC, ^GSPC) — namely the Dow Jones Industrial Average — are gaining back some ground ahead of Thursday's close as investors continue to digest Nvidia's (NVDA) first quarter earnings. The AI chip stock's movement has largely been muted despite the company boasting record quarterly revenue ($81.62 billion). Gradient Investments senior portfolio manager Keith Gangl weighs in on how investors are viewing Nvidia's results through the broader lens of geopolitical pressures stemming from the US-Iran war. Catch up on the top moments from Nvidia's earnings call, as well as what Nvidia CFO Colette Kress told Yahoo Finance about the company's CPU sales forecasts.

Three major hospital systems have accused CVS of allegedly diverting hundreds of millions from the federal 340B Drug Pricing Program.

Amkor Technology is working with Advanced Micro Devices on packaging AMD's chips, ‌Amkor said on Thursday. Earlier this week, Amkor said it ‌had secured 67 additional acres of land in Arizona next to a 104-acre ​parcel where it is developing a new campus where it plans to start production in 2028. Modern data center chips such as those from AMD and Nvidia consist of multiple chips packaged together, and ‌those packaging steps have ⁠become a key bottleneck in chip production.

(Bloomberg) -- Elon Musk’s reshaping of SpaceX, xAI and X into a tightly-bound conglomerate has already yielded a significant financial windfall: nearly $1 billion in annual interest savings.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz Toll SystemStocks and Oil Whipsaw on Mixed US-Iran Si

Walmart Inc (WMT) reports robust sales growth with significant gains in e-commerce, marketplace, and advertising revenue, despite challenges from fuel costs and inflation.

NIO Inc (NIO) reports a significant year-over-year increase in vehicle deliveries and improved margins, despite facing quarter-over-quarter revenue declines and rising material costs.

Advanced Micro Devices (AMD) stock closed the May 20 trading session 8.1% up at $447.58, according to Yahoo Finance. It is currently trading 0.8% down at $444.0, according to Yahoo Finance at the time of writing, Thursday morning, May 21. ARM closed 15.05% higher at $256.73.Intel closed 7.36% ...

Starbucks' campaign to cut $2 billion in costs is stretching north of the border. The coffee giant told employees Thursday that it is trimming positions and reorganizing Canadian corporate functions to help streamline operations, a Starbucks spokesman said. Several dozen employees were impacted, none of them in store-level roles.

Getting a piece of AI powerhouses SpaceX, OpenAI, and Anthropic isn’t easy pre-IPO. It isn‘t impossible, though. Here’s how you do it.

China, on Wednesday, confirmed a 200-aircraft order from Boeing Co following President Donald Trump‘s meeting with Chinese President Xi Jinping last week. China Confirms Boeing Deal The country will purchase the aircraft, China’s Ministry of Commerce said in a statement,...

Nvidia's report itself was excellent, just not up to Wall Street's lofty standards

Zscaler Inc. (NASDAQ:ZS) is expected to deliver a strong fiscal third quarter when it reports results on May 26, with Jefferies analysts saying the cybersecurity company is well positioned to beat consensus annual recurring revenue growth expectations. Jefferies is modeling F3Q ARR at $3.51...

Joining me on the call today are Brent Norwood, Chief Financial Officer; and Chris Seibert, Manager, Investor Communications. Today, we'll take a closer look at Deere second quarter earnings, then spend some time talking about our markets and our current outlook for fiscal 2026. First, a reminder, this call is broadcast live on the Internet and recorded for future transmission and use by Deere & Company.

SpaceX’s IPO filing is reshaping how investors value launch, satellite, and AI infrastructure companies including Rocket Lab, AST SpaceMobile, CoreWeave, Firefly Aerospace, and EchoStar.

(Bloomberg) -- Iran said the latest proposal from the US partly bridged the gap between the warring sides but comments from the Islamic Republic’s Supreme Leader about keeping Tehran’s uranium stockpile and a dispute over tolls in the Strait of Hormuz clouded the outlook for a breakthrough. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Says the US’s Latest Proposal Has ‘Narrowed the Gap

The details that Elon Musk’s SpaceX outlined about its initial public offering this week showcase the rocket company’s ties across Wall Street, and its own ambitions in the financial sector. SpaceX owns xAI, Musk’s artificial-intelligence start-up, which in turn owns X, formerly known as Twitter. It may expand into other financial offerings, SpaceX wrote in the filing.