Higher lithium prices and rising demand for stationary energy storage systems to support the electric grid amid increased demand from AI data centers powered the best quarterly earnings per share since the second quarter of 2023. On Thursday, the price lithium carbonate rose 1.6% to nearly $28,000 per ton, according to Trading Economics, providing more fuel for lithium stocks. "As the global operating environment remains uncertain, we are focused on the things within our control, including operational excellence, cost and productivity discipline and cash generation to enable long-term volume and earnings growth," CEO Kent Masters said in the earnings statement.
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US equity futures were marginally higher pre-bell Thursday as hopes for a finalized peace deal betwe
Whirlpool reported a first-quarter per share loss of 56 cents from sales of $3.3 billion. Wall Street was looking for earnings per share of 38 cents from sales of $3.4 billion.
Tech stocks came roaring back in April, bolstered by strong earnings and a fresh wave of enthusiasm for AI-linked shares. But there's something else under the surface that has also helped the rally along, according to JPMorgan Chase: Share buybacks.
The S&P 500 is not just beating earnings expectations. It's blowing them up.
The lead of one of the most profitable hedge funds on Wall Street leveled with investors about rising prices.
Investors seem to be overlooking serious threats to the U.S. economy related to the Iran war and tariffs.
A look at the day ahead in European and global markets from Ankur Banerjee Japan's Nikkei returned from holiday and jumped onto the scorching AI rally, joining South Korea and Taiwan equities at
There is a quiet confidence in Morgan Stanley's latest note on Applied Materials. Not the loud kind that makes bold promises. The measured kind that says, "We have seen this before, and we think we know how it ends." The bank raised its price target on Applied Materials (AMAT) to $454 from $432, ...
Investors’ pursuit of the companies supplying key materials to the artificial intelligence build-out is powering an epic rally in shares of chip makers. The AI trade has boosted stocks’ record run, with the S&P 500 climbing 1.5% to new highs on Wednesday after signs of progress on a Middle East peace deal and strong earnings from Advanced Micro Devices It has also sparked volatility in markets, sending investors swinging between worries that AI won’t produce the expected blockbuster profits and fears it will disrupt entire industries. Corning is among the latest companies to reap a windfall from the ripple effects of the data center build-out.
Nice's Q1 report wasn't what investors were hoping for.
For the three months ended in March, analysts polled by FactSet expect the company to report net revenue of $6.47 billion, up 8.4% from the year-ago quarter.
Wall Street is looking for McDonald's promotions to help it offset expected consumer weakness.
Wall Street is looking for McDonald's promotions to help it offset expected consumer weakness.
By Lawrence Delevingne and Harry Robertson May 6 (Reuters) - Stocks advanced and oil prices dropped on Wednesday after a report that the United States and Iran are closing in on an agreement to end
Fresh off a record close on Tuesday, the Nasdaq was soaring to fresh highs on Wednesday after Advanced Micro Devices’ earnings report kept the chip rally rolling. The Dow was up 461 points, or 0.9%. The S&P and Nasdaq only need to close above yesterday’s level to establish new record closing highs.
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
By Niket Nishant and Utkarsh Hathi May 6 (Reuters) - Wall Street futures rose on Wednesday, extending a strong run on hopes of a potential U.S.-Iran peace agreement and unrelenting optimism around
Novo Nordisk stock rose as it raised its guidance on the back of the strong performance of its weight-loss pill.
By Nell Mackenzie and Summer Zhen LONDON, May 5 (Reuters) - Hedge funds pounced on the U.S
By Lewis Krauskopf NEW YORK, May 6 (Reuters) - A humming U.S. corporate profit engine is at the heart of the U.S. stock market's rally to record highs - an encouraging sign for investors as long as
U. S. stock futures moved higher on Wednesday after President Donald Trump paused a military initiative aimed at reopening the Strait of Hormuz and signalled progress toward a possible peace agreement with Iran.
Kevin Warsh wants to change how the Federal Reserve conducts monetary policy.
Shares have tumbled 12% in 2026, dragged down by concerns about slow earnings growth and macro headwinds.