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Shares in Snowflake soared 30% after the market closed Wednesday following a Wall Street Journal report that Amazon Web Services has signed up the cloud-storage company as its latest chips customer. Snowflake, whose shares have bounced back of late after a slump earlier this year, also reported quarterly earnings on Wednesday.
HP beat Wall Street estimates for second-quarter revenue and profit on Wednesday, driven by strong demand for AI-optimized personal computers and the Windows 11 refresh cycle. PC makers including HP, Dell Technologies and China's Lenovo Group are navigating a shortage of memory chips as data center buildout is sucking up capacity and triggering price increases of smartphones and PCs. That supply crunch is pushing some enterprises toward higher-margin premium devices during the Windows 11 upgrade cycle after Microsoft ended support for Windows 10 in October last year.
Abercrombie stock surged after another earnings beat as the retailer extended its sales growth streak and reaffirmed full-year guidance.
After a 131% surge, investors want proof that AI demand is still accelerating.
TSMC Hits Fresh Highs as Nvidia Supercharges AI Spending in Taiwan
J.P. Morgan says the separation could unlock more value for shareholders.
Shares of AST SpaceMobile (NASDAQ:ASTS) are up 8% in midday trading on May 27, changing hands near $129. The satellite direct-to-cell name is leading a space-sector sympathy rally tied to SpaceX IPO buzz. The move extends an already torrid run. ASTS stock is up 78% year to date (YTD), making it the headline mover in ... AST SpaceMobile Surges 8%; Virgin Galactic, Rocket Lab Ride the SpaceX IPO Wave
SK Hynix and Micron rally as investors bet AI-driven HBM shortages could last through 2027.
Ford shares recently traded about 3.7% higher on the day, on track for their highest close since 2022. General Motors shares are also up about 4.5%, but Ford stock in particular has been surging this year as investors look at the company's energy division as an opportunity to capitalize on the AI boom and soaring energy demand.
Even before the jet fuel crisis that already led to thousands of flight cuts and dealt the final blow to Spirit Airlines, aviation has never been a particularly lucrative industry due to the prohibitive costs of both launching and staying in business. Since the start of 2026, the shares of the "big ...
“Rumble is so much more than just a video platform,” CEO Chris Pavlovski posted on X.
Broadcom stock is biding time in a buy zone of a cup base ahead of the next earnings report, due soon. Analysts expect bolstered sales and profit growth, making it Wednesday's IBD 50 Growth Stocks To Watch pick. Broadcom pulled back during Wednesday's session after earlier gains.
By Twesha Dikshit and Utkarsh Hathi May 27 (Reuters) - The S&P 500 and the Nasdaq were muted on Wednesday in choppy trading, as investors remained cautious while awaiting progress in Middle East talks
Abercrombie & Fitch (NYSE:ANF) shares rose about 12% after the company reported first-quarter results that beat profit expectations, while revenue slightly missed and comparable sales declined. For the quarter ended May 2, the company posted adjusted earnings of $1.47 per share, above...
AppLovin stock rallied more than 10% Wednesday, with shares likely helped by positive commentary from Morgan Stanley.
Abercrombie & Fitch's (ANF) fiscal first-quarter earnings topped Wall Street's projections amid reco
MOD tops Q4 estimates as data center cooling demand fuels 47% sales growth and drives another year of record revenues and EBITDA.
BURL heads into May 28 Q1 earnings results with revenues seen up 12% and 2.0 strategy momentum, but Savannah DC startup costs may hit margins.
Dycom reports adjusted earnings per share of $4.42 from sales of $2 billion. Wall Street was looking for EPS of $2.72 from sales of $1.7 billion.
Everywhere investors look, the warning signs seem to be multiplying. Inflation ticked higher again in the latest Consumer Price Index report from the Bureau of Labor Statistics. Producer prices are climbing, too, raising concerns companies may eventually pass those costs onto consumers. The University of Michigan’s consumer confidence index recently hit its lowest reading in ... Trump’s Bull Market is Over? Not a Chance! JPM Says S&P Can Rally 22% From Here
The apparel retailer's earnings per share of $1.47 topped analyst estimates by 15.7%, though revenue fell slightly short of expectations
Abercrombie (ANF) delivered earnings and revenue surprises of +16.36% and -0.48%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
Costco is set to report earnings Thursday afternoon. Here's what to expect.
With demand strengthening and supply remaining constrained, Western Digital’s earnings could continue expanding at a solid pace.
As Goldman Sachs transitions accounts away from Apple Card to Chase, the global financial giant is riding high after posting accelerating earnings and sales growth. Positive first-quarter results have Goldman stock notching a record high as it teases the top of its buy zone. The move has also propelled Goldman onto the Investor's Business Daily Breakout Stocks Index.
Dycom stock popped on fiscal Q1 earnings that handily beat estimates. The company raised full year guidance and announced an acquisition.
May 27 (Reuters) - Gillette India reported a 21.3% rise in fourth-quarter profit on Wednesday, helped by demand for grooming products and lower costs, sending shares to a three-month high.
Global stocks extended a rally as investors remained optimistic that peace talks between the U.S.-Iran are progressing, despite a fresh exchange of strikes earlier this week.
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