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May 6 (Reuters) - Wall Street's main indexes opened higher on Wednesday, extending their strong run on hopes of a potential U.S.-Iran peace agreement and sustained enthusiasm around artificial
Corning and Nvidia said on Wednesday they would partner to expand U.S. production of optical connectivity products used in artificial intelligence data centers. The specialty glass maker also raised its long-term sales targets on surging demand for AI infrastructure. The deal shows how the AI boom is lifting demand beyond chips, benefiting suppliers such as Corning that make the fiber-optic equipment needed to move data between thousands of processors in large data centers.
Microsoft is considering delaying or abandoning its 2030 goal of matching its entire hourly electricity use with renewable energy purchases, Bloomberg News reported on Wednesday, citing people familiar with the matter. The expensive and energy-intensive push for data centers is reshaping the feasibility of Microsoft's climate commitments that were made before the AI era and rank among the industry's most ambitious targets, the report said. The discussions were ongoing and no final decision has been made, Bloomberg News added.
Cryptocurrency exchange Kraken is moving forward with its plans to hold an initial public offering (IPO) this year....
Assurant (NYSE:AIZ) reported what management described as the strongest first-quarter performance in the company’s history, driven by record earnings in its Global Lifestyle segment and continued momentum across mobile device protection and related services. On the company’s first-quarter 2026 earn
Samsung reaches $1 trillion market cap on booming demand for high-bandwidth memory for AI.
Investing.com -- The global economy has proven more resilient than many feared in the wake of the Strait of Hormuz closure, but BCA Research is warning that the window for avoiding a recession is narrowing fast.
Holley (HLLY) delivered earnings and revenue surprises of -6.19% and -4.52%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Shares in Corning are trading nearly 20% higher premarket after Nvidia said it would invest $500 million in the glassmaker. The injection is part of a partnership to expand manufacturing of fiber optics, which are used in AI data centers to transfer data quickly and at scale. Demand for fiber optics has supercharged Corning stock in recent months.
SNDL faces pressure after Q1 results show falling sales, weak cannabis demand, and margin strain, raising concerns about growth in a saturated Canadian market.
Moby summary of Voyager Technologies, Inc.'s Q1 2026 earnings call
Moby summary of TransMedics Group, Inc.'s Q1 2026 earnings call
Moby summary of Skyworks Solutions, Inc.'s Q2 2026 earnings call
Moby summary of Assurant, Inc.'s Q1 2026 earnings call
Moby summary of Pan American Silver Corp.'s Q1 2026 earnings call
Moby summary of Joby Aviation, Inc.'s Q1 2026 earnings call
Moby summary of Hecla Mining Company's Q1 2026 earnings call
Moby summary of EOG Resources, Inc.'s Q1 2026 earnings call
Moby summary of Wolfspeed, Inc.'s Q3 2026 earnings call
Moby summary of Occidental Petroleum Corporation's Q1 2026 earnings call
Moby summary of Lumentum Holdings Inc.'s Q3 2026 earnings call
Moby summary of Coupang, Inc.'s Q1 2026 earnings call
Moby summary of Devon Energy Corporation's Q1 2026 earnings call
Moby summary of Ouster, Inc.'s Q1 2026 earnings call
Moby summary of Navitas Semiconductor Corporation's Q1 2026 earnings call
Huntington Ingalls Industries (NYSE:HII) reported first-quarter 2026 sales of $3.1 billion and diluted earnings per share of $3.79, as the company pointed to higher shipbuilding volumes and continued demand across its portfolio. Segment results showed year-over-year revenue growth in all three divis
Kraft Heinz (NASDAQ:KHC) reported first-quarter 2026 results that management said came in ahead of internal expectations, citing a smaller-than-anticipated decline in organic net sales and early signs of market share improvement tied to increased investments. Chief Executive Officer Steve Cahillane
Investing.com -- Oil prices tumbled sharply on Wednesday, dragging energy stocks lower across global markets, after U.S. President Donald Trump announced a pause to the American military's "Project Freedom" operation aimed at reopening the Strait of Hormuz.
J&J Snack Foods (JJSF) delivered earnings and revenue surprises of +2.56% and -0.05%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Maplebear (CART) delivered earnings and revenue surprises of -0.97% and +1.50%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?