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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.
Modine’s strong fiscal fourth-quarter earnings and rapid growth in its AI business boosted investor optimism.
Synopsis will report earnings after the close Wednesday. Investors are keen to see how the integration of Ansys is going after the $35 billion acquisition.
Futu Holdings Ltd. (NASDAQ:FUTU) is one of the 10 Stocks With Jaw-Dropping 14-74% Gains. Futu snapped a two-day losing streak on Tuesday, climbing 20 percent to close at $107.70 apiece, as investors positioned portfolios ahead of the results of its earnings performance in the first quarter of the year. In a notice on its website, […]
ExxonMobil is locked in a fight over corporate governance and shareholder rights after its proposal to move its legal headquarters to Texas sparked...
Electronics retailer Best Buy (NYSE:BBY) will be reporting earnings this Thursday morning. Here’s what investors should know.
Unionised workers at Samsung Electronics have approved a highly contentious bonus pay deal - one that averts a massive 18-day strike but also exacerbates deep disparities in fortunes among workers at the tech conglomerate. Two unions for the world's largest memory chip maker said on Wednesday that 74% of the 62,616 workers who cast their votes had backed the deal. Shares in Samsung surged 6%, also helped by investor frenzy over the AI boom that has driven chip sector shares higher.
By Junko Fujita TOKYO, May 27 (Reuters) - Japan's Nikkei share average rose to a record high on Wednesday, as gains in index heavyweight chip-related equities outweighed losses in financials and other
Momentus said the market value of its outstanding shares was $79.8 million, based on its highest Nasdaq closing price over the previous 60 days.
Both big-box giants just posted quarters with plenty to like -- but only one stands out as the steadier long-term buy.
Data center operator IREN said on Tuesday it has agreed to buy Nvidia's air-cooled Blackwell systems from Dell for about $1.6 billion, as it aims to bring more capacity online to keep up with soaring AI demand. The deal is to service its previously announced five-year $3.4 billion cloud AI service contract with Dell, an AI server maker, IREN said in a statement. The Blackwell systems will be set up across existing data centers at IREN's Childress, Texas, campus, and are expected to be ready by early 2027.
Modine (MOD) delivered earnings and revenue surprises of +13.49% and +5.19%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Semtech (SMTC) delivered earnings and revenue surprises of +12.51% and +2.73%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
Elbit Systems Ltd (ESLT) reports robust growth with a 15.5% revenue increase and a record $30 billion backlog, driven by strong international demand.
Shares of TeraWulf (Nasdaq: WULF) surged during market hours on May 26 after the Bitcoin miner-turned-AI infrastructure company announced the acquisition of a hyperscale high-performance computing site. TeraWulf is a United States-based digital infrastructure company founded in 2021 by energy ...
TRAVEL NEWSLETTER Happy Friday! We’ve got gobs of travel news to digest this week, so let’s dive in. Struggling Spirit Airlines looks like it might get a lifeline from the federal government, though no deal has been finalized.
Zscaler forecast fourth-quarter revenue below estimates on Tuesday, signaling intensifying competition in the cybersecurity market as enterprises scrutinize spending on cloud security products, sending shares down 15% in extended trading. Despite the push to secure modern IT environments, Zscaler faces competition from larger rivals such as Palo Alto Networks, which are vying for more market share with their own platform offerings. Zscaler primarily competes in the Secure Access Service Edge (SASE) market, which combines networking and security into a single platform to connect users, devices and applications from anywhere.
Autodesk Inc (NASDAQ:ADSK) is expected to report fiscal first-quarter earnings with a modest revenue beat and a likely reaffirmation of full-year guidance, according to Jefferies, in what the firm sees as a generally steady update for the software company. Jefferies expects Autodesk to...
A rival's strong results sent both hardware makers higher. Now their own reports will test whether the AI and PC momentum holds.
Burlington Stores (BURL) is expected to report above-consensus Q1 comparable sales growth and earnin
Shares of TeraWulf (NASDAQ: $WULF) are up 10% after the company announced plans for a large-scale artificial intell...
(Bloomberg) -- Oil rebounded as fresh clashes between the US and Iran clouded the outlook for an interim deal to reopen the vital Strait of Hormuz.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarUS Strikes Targets in Iran Even as Trump Hails Progress on DealRussia Tells US to Evacuate Its Diplomats and Citizens From KyivThese AI Gurus Are Charging Wall Street Banks $25,000 a DayPutin Signs Law on Use of Army to Aid Russians Detained AbroadGlobal benchmark
(Bloomberg) -- Eli Lilly & Co. is on a record spending spree, announcing acquisitions worth more than $20 billion so far in 2026 as the drugmaker expands beyond its blockbuster obesity franchise. Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarUS Strikes Targets in Iran Even as Trump Hails Progress on DealRussia Tells US to Evacuate Its Diplomats and Citizens From KyivThese AI Gurus Are Charging Wall Street Banks $25,000 a DayPutin Signs Law on Use of Army
For four years, Michael Saylor's message to the crypto world was the same, buy Bitcoin (BTC), accumulate, but never sell. Strategy (NASDAQ: MSTR), the company he chairs, built one of the most aggressive corporate Bitcoin treasuries in history on that single creed. But in the past two ...
The Nasdaq composite and S&P 500 were trading higher, propelled by a rally in chip and memory stocks.
Shares of AST SpaceMobile (NASDAQ:ASTS) are climbing 20% in midday trading on Tuesday. Planet Labs (NYSE:PL) is up 15%, Rocket Lab (NASDAQ:RKLB) is gaining 6%. The rally is being driven by renewed investor focus on SpaceX’s pending public listing. SpaceX filed its S-1 last week. The document frames a roughly $1.75 trillion targeted valuation against ... AST SpaceMobile Rockets 20%, Planet Labs Soars 15%, Rocket Lab Climbs 6% as SpaceX IPO Lifts the Whole Sector
ARM stock is climbing to fresh highs after Jefferies argued Nvidia’s Vera CPU momentum could dramatically accelerate Arm’s long-term royalty growth in AI infrastructure.
Ouster, a maker of sensors and AI software, jumps after announcing a partnership to supply lidar tech to interceptor drones.
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