Alibaba shares fall 4% as AI spending drives 75% drop in net income
Alibaba's U.S. shares dropped 4% in premarket trading Thursday after the Chinese tech giant posted net income that plummeted 75% in the June quarter.
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Walmart will report second-quarter earnings before the bell. Here's what to expect
Walmart is expected to report fiscal second-quarter earnings before the bell on Thursday and offer its latest read on the health of the U.S. consumer.
Here’s Why Stop Losses Matter Even With a Bullish Long-Term View
Bitcoin – wave 5 Targets (Elliott Wave + Fibonacci) Bitcoin appears to be in the final wave 5 of the current bullish cycle. After breaking the 38.2% Fibonacci extension target, focus shifts to the next major levels: 61.…
Target is set to report earnings before the bell. Here's what to expect
Target is expected to report fiscal second-quarter results Wednesday morning as the retailer offers a window into its turnaround progress under CEO Michael Fiddelke.
We upgraded Home Depot and raised our price target. It made the best of a terrible hand
Home Depot reported a very good quarter, executing well on things it can control.
Memory Stocks Rally as Short Covering Adds Fuel to the AI Boom
The arithmetic behind Samsung Electronics' extraordinary 2026 run is simple enough: memory-chip demand for artificial intelligence has produced operating profits that would have seemed fanciful two years ago. The harder…
Japanese automakers vulnerable to one-two punch of Iran war, yen rally
Japanese automakers are looking vulnerable to fallout from the Iran war and any turnaround in the yen.
Inflation moderated as Intel and Nvidia fueled the AI trade in last week's market
No surprises on inflation and new financing developments in the artificial intelligence trade drove the record-breaking action on Wall Street last week.
This Dip Won’t Last - Should You Be Buying These 6 Stocks Now?
Semiconductor stocks have made investors’ fortunes over the past four years, and by extension, semiconductor ETFs turned into the best-performing names. Names like the VanEck Semiconductor ETF (NASDAQ:SMH), Corgi Lithog…
Cisco's stock drops despite earnings, revenue beat
Cisco shares dropped in extended trading on Wednesday despite a better-than-expected earnings report and a revenue forecast that sailed past estimates.
'Tougher times ahead': Don't expect blowout returns to continue, CEO of $2.3 trillion fund warns after record first half
Investors shouldn't expect the bumper gains returned by the equity market so far this year to continue, the CEO of the world's largest sovereign wealth fund told CNBC on Wednesday.
Why did Barclays upgrade SBM Offshore?
Experts view this transaction as a strategic win for both ExxonMobil and SBM Offshore, solidifying long-term control for ExxonMobil in Guyana's oil sector while allowing SBM to deleverage and monetize its assets effecti…
We're lifting our price target on Cardinal Health after issuing rosy profit guidance
We're lifting our price target on Cardinal Health after issuing rosy profit guidance The quarter wasn't totally clean, but strong profitability matters the most. Read at source
Here’s how we played the massive rebound in AI stocks this week
Here’s how we played the massive rebound in AI stocks this week AI stocks roared back to help lift two of the major averages to fresh records. Read at source
Allianz shares fall as core net income miss offsets record operating profit
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260806509750/en/
Savers Value Village thrift store launches new AI tool to price items
Savers Value Village is launching a new platform leveraging artificial intelligence to help optimize product pricing, the company told CNBC exclusively, as the tricky-to-price thrift segment gains traction around the wo…
Sweetgreen cuts full-year outlook as cyclospora fears weigh on sales
Sweetgreen on Thursday cut its full-year outlook and is now projecting steeper same-store sales declines due to diner fears of eating fresh produce during the ongoing cyclospora outbreak.
Airbnb stock soars 12% on earnings and revenue beat, strong guidance for third quarter
Airbnb reported second-quarter results that topped analysts' estimates and issued a better-than-expected forecast for the current period, citing strong demand "across all regions." The stock jumped 9% in extended tradin…
Warner Bros. Discovery reports 10% jump in streaming revenue ahead of proposed Paramount combination
Warner Bros. Discovery on Thursday said it saw record-breaking revenue growth in its streaming segment, anchored by HBO Max, ahead of increased scrutiny over its proposed merger with Paramount Skydance.
Restaurant Brands International earnings beat as Burger King's U.S. business soars
Restaurant Brands International on Thursday reported quarterly earnings that topped analysts' expectations, fueled by strong growth for the once-struggling Burger King, both domestically and abroad.
Peloton posts first-ever annual net profit, but shares drop as outlook disappoints
Peloton delivered its first full year of net profit and operating income in fiscal 2026, but said it expects sales to fall in the coming fiscal year as it begins to lap price increases on its hardware and subscription p…
7 Gold Stocks to Buy and Hold if Bullion’s Rebound Continues
Gold is glittering, and it is time to make the most of it. While last year was a strong year for the precious metal, and has started 2026 even stronger. And after a recent pullback, prices have recovered with the market…
Rheinmetall stock volatile after trimming guidance as Germany's F126 warship cancellation hits sales outlook
Rheinmetall on Thursday trimmed its 2026 guidance after a cancelled project to make large warships for the German government fell through earlier this year.
How Disney parks are bucking a travel slowdown
Disney parks are defying a slump in international travel to the U.S., posting record quarterly revenue for the company's experiences division on Wednesday.