A hardware company that three years ago posted negative gross margins has quietly surpassed Meta, Microsoft, and Alphabet to become the most profitable business in tech, and the reason behind that reversal reveals something unsettling about where AI's real power is shifting.
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Wall Street is still optimistic about the stock after it dropped below its IPO price.
Best Buy (BBY) has spent years trying to shake off a sales slump, and its next leader thinks part of the answer is smaller buildings. Jason Bonfig, who becomes Best Buy's sixth chief executive on November 1, told CNBC that he wants to open compact stores in towns and neighborhoods that its ...
CDW heads into Q2 2026 earnings with expectations for high single-digit EPS growth, AI-driven demand and a strong backlog amid ongoing supply chain uncertainty.
ABTC’s revenue from mining rose 8% to $67 million, and gross margins were roughly 50%, even as Bitcoin prices slipped during the quarter.
Johnson & Johnson (NYSE:JNJ) outlined its commercialization plans for the OTTAVA robotic surgical system after receiving U.S. Food and Drug Administration De Novo authorization, positioning the table-integrated platform as a long-term growth initiative in surgical robotics. The company said it
Barrick Mining (B) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Dolby's discounted valuation and $756 million cash balance support its long-term case as premium formats and auto licensing expand.
LRCX, VRT and MBIN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 3rd, 2026.
U.S. West Texas Intermediate crude futures were headed for their biggest single-day decline in more than six weeks.
WDC enters fiscal Q4 2026 earnings with strong AI storage demand, rising HDD pricing and expanding margins. Will those trends fuel another quarterly beat?
Amazon shares jumped 5% this morning, propelling the company to a $3.08 trillion market valuation. The gain comes on the heels of a 15% jump on Friday, when Amazon stock had its best day in years after investors liked what they saw in its latest report card.
Palantir Technologies (PLTR) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
Kinross' Q2 earnings beat estimates as higher gold prices lifted revenue and margins despite lower production and rising costs.
Boeing is in the midst of an extended turnaround that has found a new believer on Wall Street. The stock is up about 2% Monday morning.
Amazon's market value topped $3 trillion for the first time on Monday, helped by a sharp rally following strong earnings and signs that the AI boom is driving fresh demand for its cloud-computing services, the company's main profit engine. The Seattle-based e-commerce and cloud computing giant's stock surged 15% on Friday after it delivered its strongest cloud growth in more than four years and raised its annual capital spending forecast. Amazon and Microsoft are the only two of the "Magnificent Seven" companies, out of the six that have reported so far, whose AI spending has paid off in investors' eyes.
Paying off a rental property is a milestone many real estate investors work toward for years. One investor recently reached that goal and shared that the property now brings in about $1,700 a month in cash flow after the mortgage...
The U.S. Food and Drug Administration has granted Breakthrough Therapy designation to Lilly’s drug for advanced pancreatic cancer.
MTD beats Q2 earnings estimates as strong China and emerging-market sales fuel growth, while the company raises its 2026 sales and earnings outlook.
Wall Street is expecting Palantir to report earnings per share of $0.35 on revenue of $1.8 billion in its Q2 report scheduled after the bell.
Stocks got a boost after President Donald Trump said he would call off an attack on Iran to restart negotiations. Iran's foreign ministry denied talks were happening. Oil prices fell on Trump's comments, with Brent futures around $83 per barrel and WTI futures below $80 per barrel.
Based on the average brokerage recommendation (ABR), Rigetti Computing (RGTI) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Bristol Myers Squibb stock is surging Monday following a report of a potential mega-merger with a competitor.
Visa is acquiring BioCatch, a fraud-reduction platform that uses artificial intelligence , for $2.4 billion in cash.
One commands a nuclear fortress with tech giants locked in, the other juggles retail millions with leverage that's hard to ignore.
Enterprise Products posts record Q2 results as global demand, higher margins and system activity drive earnings and cash flow.
Shares of Corning had a tough July but a Truist analyst team believes the stock now has a “more reasonable entry point.” Shares of the optical networking company declined 0.5% to $137.52 in premarket trading on Monday after ending Friday up 2.2%. Corning and other optical networking names have become a major part of the artificial-intelligence trade.
XAR's lower expense ratio and broader mid-cap exposure contrast with MISL's concentrated holdings in industry giants.
Rowan Street Capital, an investment management company, released its Q1 2026 investor letter. A copy of the letter can be downloaded here. The Fund’s performance remained stable in the second quarter, with the portfolio declining about 1$ from the first quarter, resulting in a net return of -21% for the second half of 2026. Despite the […]