AI Optimism Sends Broadcom Stock Higher Ahead of Key Results
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Hewlett Packard Enterprise Co (NYSE:HPE, XETRA:2HP) shares jumped about 25% on Tuesday after the company reported fiscal second quarter results that topped expectations and significantly raised its full-year outlook, fueled by strong demand for AI infrastructure, servers and networking...
The largest exchange-traded fund (ETF) tracking U.S. software stocks clocked the biggest single-day buy-in by retail investors on record on Monday, data from Vanda Research showed. Software stocks have largely recovered their losses from earlier this year when fears of industry-wide disruptions due to the rise of AI gripped the sector, though volatility still persists. Mom-and-pop traders bought stock worth a net $46 million in the iShares Expanded Tech-Software Sector ETF on Monday, surpassing the previous single-day record by roughly 40%, as per Vanda.

Hewlett Packard Enterprise (HPE) shares are surging by over 30% in Tuesday trading after roaring past fiscal second quarter estimates on adjusted earnings and revenue. HPE is finally being hailed as a competitive name in the AI infrastructure arena, alongside the likes of Dell Technologies (DELL). EMJ Capital founder and president Eric Jackson speaks with Yahoo Finance Executive Editor Brian Sozzi about whether he believes the AI trade is reaching a mania-level amid these euphoric stock moves.
Shares of Hewlett Packard Enterprise (NYSE:HPE) are up 25% in early Tuesday trading, changing hands near $59 after a blowout fiscal Q2 2026 report. Super Micro Computer (NASDAQ:SMCI) stock is along for the ride, climbing 5% to around $49 on a sympathy bid. The move caps an extraordinary stretch for HPE stock, which entered the ... Hewlett Packard Enterprise Rockets 25%, Super Micro Computer Climbs 5% as AI Server Demand Lights Up Q2 Earnings
(Bloomberg) -- Victoria’s Secret & Co. shares soared after the company beat earnings estimates and boosted its outlook, adding to signs of progress for Chief Executive Officer Hillary Super’s turnaround plan.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 SpendingAndrew Left Found Guilty in Case That Spooked Short SellersUS Says Deals With Iran for
Dollar General Corporation (NYSE:DG) traded about 3. 3% higher in premarket activity on Tuesday after reporting first-quarter results that exceeded profit expectations and lifting its earnings guidance for the full fiscal year.
June 2 (Reuters) - Wall Street's main indexes opened lower on Tuesday after hitting a series of record highs, while blowout results from Hewlett Packard Enterprise and a funding commitment from
(Bloomberg) -- A rapid rally in shares of Virgin Galactic Holdings Inc. has burned short sellers betting against the space tourism firm, according to data from S3 Partners.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 SpendingAndrew Left Found Guilty in Case That Spooked Short SellersUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedSh
Generac signed a deal to supply a major AI hyperscaler with backup generators. The stock is up about 100% in 2026.
The lingerie and apparel retailer swung to a $47.7 million profit in the first quarter from a loss a year earlier, and raised its full-year outlook.
The lingerie and apparel retailer swung to a $47.7 million profit in the first quarter from a loss a year earlier, and raised its full-year outlook.
Dollar General reported first-quarter net sales of $10.8 billion, meeting analysts' expectations, while earnings of $2.00 per share exceeded Wall Street expectations of $1.89, as per Fiscal.ai data.
Zoom (ZM) is actively shedding its reputation as a single-use utility. Following a robust Q1 FY27 earnings beat and a speculative surge tied to Anthropic's IPO plans, shares have rallied to $112. As the stock trades at a notable premium, investors must determine if Zoom's AI-driven enterprise pivot truly justifies this momentum.
The discount retailer posted earnings of $2.00 per share in its fiscal first quarter, topping analyst estimates of $1.89
Dollar General (DG) delivered earnings and revenue surprises of +6.06% and -0.33%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
(Bloomberg) -- US stocks may be vaulting from one record to the next, but Wall Street analysts covering them are in no rush to keep up. 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 SpendingAndrew Left Found Guilty in Case That Spooked Short SellersUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedResearchers who follow individual comp
Investing.com -- Victoria’s Secret & Co. (NYSE:VSCO) reported first quarter results that exceeded analyst expectations and raised its full-year outlook, with shares surging premarket following the announcement and the switch to a new ticker (VSXY).
The lingerie retailer posted a 15% jump in net sales and lifted its full-year sales forecast to as much as $7.13 billion
Investing.com -- Dollar General Corporation (NYSE:DG) shares are trading around 3.3% higher premarket on Tuesday after the company reported first-quarter earnings that exceeded earnings expectations.
The discount retailer reports better-than-expected quarterly earnings and raises its guidance for the fiscal year.
The company raised its full-year earnings guidance by $1 per share and said it is now two years ahead of its long-term financial plan
(Bloomberg) -- The White House said it will reduce tariffs on farm and construction equipment such as harvesters and forklifts, in an effort to boost investment in the industrial economy through next year.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 Found Guilty in
By Amanda Cooper LONDON, June 2 (Reuters) - Global stocks rallied on Tuesday, buoyed by fresh AI optimism after Anthropic moved towards a U.S. stock market listing, while oil prices and bond yields
Marvell Technology shares have jumped more than 20% in premarket trading, after Nvidia's Jensen Huang said the company could be the next chip firm to join the trillion-dollar club. Speaking at the Computex trade show in Taiwan, Huang predicted a surge in demand for artificial-intelligence hardware fueled by the emergence of autonomous models. Addressing the technical challenges of scaling massive AI data centers, Huang said that computing is becoming increasingly disaggregated and distributed, and to tie these sprawling systems together, the industry must rely heavily on advanced connectivity.
Marvell Technology's shares surged more than 24% in premarket trading on Tuesday after Nvidia CEO Jensen Huang called the chipmaker the next "trillion-dollar company." Huang and Marvell CEO Matt Murphy were speaking at an event at the Computex week in Taipei on Tuesday. Marvell shares were last up 24.4% at $272.9, set to add more than $47.2 billion in market capitalisation if gains hold.
Hewlett Packard Enterprise shares rallied nearly 29% in premarket trade on Tuesday, as investors cheered the AI server maker pulling forward its long-term financial targets by two years, buoyed by strong AI infrastructure demand. HPE, which competes with Dell Technologies and Super Micro Computer in enterprise servers, is seeing sustained demand as large enterprises bring forward purchases to avoid supply risks amid surging memory chip prices. Hyperscalers including Alphabet and Amazon are set to spend more than $700 billion on AI infrastructure this year, likely boosting demand for HPE's server and networking products.