Broadcom delivered strong fiscal Q3 results, with revenue jumping 85% and AI sales up 221%. However, AVGO shares dipped 3% as Q4 guidance slightly missed peak Wall Street expectations. Despite short-…
Broadcom beat quarterly estimates with 221% AI chip sales growth and raised long-term forecasts, but shares saw a muted reaction. The broader chip rally has stalled amid rising Treasury yields, while…
Dell posted record Q2 results driven by AI-optimized server revenue doubling to $16.4 billion and a massive $95 billion backlog. Raising long-term AI server guidance to $74 billion, the report unders…
Broadcom reported outstanding Q3 financial results, with net income rising to $13.088 billion ($2.68 per share) compared to $4.140 billion last year. Revenue surged 85.5% year-over-year to $29.591 bi…
John Ternus officially takes over as Apple CEO amid record Q3 revenue of $109.4 billion and a nine-quarter EPS beat streak. Strong iPhone and Services growth support momentum as the company focuses o…
Capital Investment Services trimmed its Amazon holding by 2.3%, alongside minor insider sales. However, institutional backing remains high at 72.2%, bolstered by outstanding quarterly earnings and 36…
The S&P 500 achieved a slight weekly gain, driven by strong earnings from tech companies like Salesforce and CrowdStrike, offsetting concerns over inflation and economic growth. The tech sector led t…
U.S. stock futures rose, led by Nasdaq-100, following Nvidia's (NVDA) stellar Q2 earnings beat and bullish outlook, which overshadowed flat Wednesday trading and mixed economic data. Other AI-related…
Nvidia gears up for Q2 earnings with analysts expecting massive year-over-year revenue and EPS growth. Expert Gene Munster anticipates another beat-and-raise quarter driven by robust data center dema…
Apple delivered its ninth consecutive quarterly earnings beat with revenue up 16% YoY, led by strong iPhone and Mac growth. Analysts established a $358.69 price target, citing upcoming product cataly…
Alphabet beat Q2 expectations behind surging 82% Cloud revenue growth and reshuffled AI leadership to accelerate Gemini's competitive development. Despite record quarterly cash burn from heavy AI inf…
S&P 500 Q2 earnings grew 50.4% YoY, the best since 2021, with 86% beating estimates. Energy surged 42.5% on oil price spikes from Strait of Hormuz tensions. GOOGL and AMZN earnings were boosted by on…
Markets await U.S. CPI data, seen as pivotal for Fed rate-cut odds (currently 50-50). Brent crude nears $90 on Iran talks impasse and Houthi attacks. Strong CoreWeave and Super Micro earnings lift te…
Wall Street futures rise pre-bell on strong tech earnings from CoreWeave and Super Micro Computer, stable oil prices, and semiconductor sector strength. Markets await July CPI data for inflation sign…
S&P 500 earnings growth exceeds 50%, the fastest since 2021, with 90% of companies beating estimates. Tech, AI-related capex, and unrealized gains at Alphabet and Amazon are driving record market hig…
Stock futures rose as the July jobs report showed a "low hire, low fire" environment, with Cloudflare and Atlassian surging on earnings beats. Meanwhile, Meta was ordered to pay nearly $1 billion in …