The big lesson from this week's earnings: The AI buildout is not a zero-sum game
Salesforce, CrowdStrike, and Nvidia all faced major tests with investors and crushed expectations.
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Gap shares jump 12% after company names new Old Navy CEO to revive struggling brand
Michael Francis, who was appointed the chief customer officer at Old Navy in May, will take over the reins from current CEO Haio Barbeito, who will become an advisor to the company. Barbeito has held the position since …
Okta's stock skyrockets 29%, CrowdStrike's surges 19% as rising AI threat boosts earnings
CrowdStrike and Okta shares surged on Thursday after earnings showed that artificial intelligence adoption is pushing customers to spend more on cybersecurity tools.
Best Buy tops quarterly estimates, raises outlook as computing shows strength
Best Buy on Thursday reported better-than-expected fiscal second-quarter results and raised its full-year outlook as the company's recovery showed more signs of taking hold.
Nvidia wows Wall Street with a strong quarter and an eye-popping sales forecast
CrowdStrike's quarter shows AI is a cybersecurity tailwind, not a threat
Earlier this year, the bears thought advances in AI models could disintermediate the cybersecurity sector. So far, they've been proven wrong.
Lego posts record first-half revenue, CEO touts strong sales at high-end and value pricing
The brickmaker posted a 21% revenue bump for the first half of the year, boosted once again by its now-stalwart lines like botanical bouquets, Formula 1 race cars and collectible sets.
Rising yields rattled the market, but we’re sticking with our favorite AI and retail stocks
Rising yields rattled the market, but we’re sticking with our favorite AI and retail stocks Stocks took their cue from the bond market this week. Read at source
Labubu maker Pop Mart shares fall as key ex-China sales data drop, Citi cuts price target
Shares of Pop Mart fell over 4% in Hong Kong on Friday after the Labubu maker reported first-half results that showed declining sales in Asia-Pacific and the Americas.
Why our cyber stocks are dropping and our favorite memory play is rallying
The Magnificent 7 Signal Flashing a Warning for the Bull Market
If you own an S&P 500 Index fund… more than a third of your money sits in just seven stocks. If you own a Nasdaq 100 Index fund… that number jumps to roughly 40%.
S&P 500: Higher Yields and Oil Prices Cloud the Outlook
SINGAPORE/LONDON, March 13 (Reuters) – Stocks rose on Friday after recent heavy selling, helped by lower oil prices, although uncertainty over the Iran war continues to disrupt energy supplies which is driving concerns…
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.
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…