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Meta's $18 billion multi-state settlement over teen social media use spreads payments across ten years, avoiding catastrophic liability. Operational adjustments, including a two-hour teen limit, rema…
Broadcom shares slipped overnight following a weaker-than-expected fourth-quarter revenue forecast. Meanwhile, major U.S. stock index futures gained as investors focused on corporate earnings despite…
Major stock indices rose modestly on Wednesday. Snowflake rallied on earnings while Broadcom dropped, and investor attention shifted toward Tesla ahead of its upcoming Cybercab event.
Snap's Q2 revenue rose 19% year-over-year to $1.59 billion, and adjusted EBITDA jumped 505% to $250 million, driven by AI ad solutions and user growth. However, shares fell 7.6% over the past month a…
Nvidia surged nearly 8-9% following blowout quarterly earnings and a bullish revenue forecast projecting 70% growth in fiscal 2028. The blockbuster results relieved AI boom concerns, boosting broader…
Meta Platforms fell nearly 1% after agreeing to pay up to $18 billion in a multibillion-dollar youth-safety settlement with U.S. states. This settlement includes usage limits for teenagers and expand…
Nvidia's forward P/E has compressed to 24x ahead of earnings despite rapid growth. Analysts note that while near-term beats may face high expectations, sustained AI dominance, infrastructure initiati…
Amazon delivered strong Q2 results, with revenue up 20% to $200.6 billion, beating estimates. AWS surged 37% year-over-year to $42.2 billion amid soaring AI demand. Despite raising 2026 capex to $220…