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BEIJING/SINGAPORE, Aug 26 (Reuters) - China's Moonshot AI is negotiating revenue-sharing agreements with Microsoft, Amazon and Alphabet's Google that would allow the U.S. cloud giants to host its
Alibaba Group Holding Ltd.'s efforts to revive sentiment after its $10 billion share placement has failed to dispel investor concerns over how it chose to finance its AI ambition.
The 25% round was forecast to cost up to $5 billion and came in at $3.1 billion. Now Trump says the rate on Canadian vehicles will double.
Wall Street is eagerly anticipating Nvidia Corp.'s earnings on Wednesday afternoon, not so much for what the numbers will say about the chip giant, but for what they mean to artificial intelligence investors and the market itself.
BlackRock Global Chief Investment Strategist Wei Li says she is still optimistic about the artificial intelligence trade as investors await Nvidia's quarterly earnings report. "Scarcity sellers are doing quote a bit better than scarcity buyers and Nvidia is a scarcity seller," Li tells Bloomberg Television. "You look at some of the price increases that we have been talking about, and it really does show that they have earnings pricing power, earnings momentum," she adds.
August is winding down, but there's still a lot left for markets to digest. Nvidia reports earnings after the bell today, following the latest inflation data this morning. Then, Kevin Warsh’s first major policy speech as Federal Reserve chairman follows on Friday.
US microreactor company Nano Nuclear Energy is on the path to deploy its technology to the Middle East after signing the first and only nuclear microreactor partnership with the UAE. The agreement aims to help the country go off grid, power desert data centers and decarbonize oil and gas fields. Jay Yu, the company's founder, executive chairman and president spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the deployment in the UAE plus their plans for Mideast expansion.
The Claude developer is preparing for a potentially record-breaking initial public offering after rapid revenue growth, but its enormous losses and dispute with the Trump administration could concern investors.View on euronews
Intuit Inc (NASDAQ:INTU, XETRA:ITU), the US financial software company behind TurboTax, QuickBooks, Credit Karma and Mailchimp, beat expectations for its fourth quarter and then watched its shares fall sharply in extended trading. The stock dropped $36.58, or 10.23%, to $320.88 after hours,...
The manufacturer of printed circuit boards and radio frequency components reported a notable insider stock sale amid a 155% one-year return.
Zoom Communications Inc (ZM) raises full-year guidance as AI-powered deals and record contact center bookings fuel enterprise acceleration, despite tempered online growth.
For three years now, Nvidia’s quarterly performance has become a milestone for the artificial-intelligence trade. Investors get their latest look at Nvidia earnings Wednesday afternoon when the AI-chip leader reports its second-quarter results. Wall Street analysts expect second-quarter adjusted earnings per share of $2.09, doubling over the past year, on sales of $92.3 billion, also twice what the company posted a year ago.
Constellation's massive power generation capacity helped it secure major deals in recent years, and it's beginning to reap the benefits.
Nvidia's Q2 earnings today reveal whether AI spending is broadening or concentrated among a few giant buyers.
Salesforce will report second-quarter earnings on Wednesday afternoon amid the most uncertainty it has faced since its earliest days. Wall Street analysts are projecting $3.27 in adjusted earnings per share, rising from $2.91 a year ago. Beginning last year, investors began selling off enterprise software stocks on the idea that much of what they do will be replaced by AI agents that can write software code and execute complex series of tasks from simple conversational commands.
By Ankur Banerjee SINGAPORE, Aug 26 (Reuters) - Asian stocks rose on Wednesday as a drop in oil prices dragged bond yields lower on hopes that the critical Strait of Hormuz may reopen soon, while
U.S. stock futures were mixed early Wednesday as Wall Street awaits Nvidia Corp.‘s (NASDAQ:NVDA) marquee earnings report, key PCE inflation data, and further developments surrounding the Strait of Hormuz. The Polymarket (CRYPTO: POL) crowd is evenly split for the Aug....
A look at the day ahead in European and global markets from Ankur Banerjee A holding pattern in global markets has emerged as traders await earnings from Nvidia that will be a test of confidence in
Cybersecurity AI platform provider SentinelOne (NYSE:S) will be reporting results this Thursday after the bell. Here’s what to look for.
SpaceX has sold investors on a trillion-dollar vision of millions of solar-powered satellites in orbit, packed with the chips needed to power...
France is heading into a new season of political brinkmanship that will test investors’ patience with a showdown over the country’s towering debt.
Global shares mostly rose Wednesday as investors kept an eye on talks over reopening the Strait of Hormuz, which remains largely closed because of the war in Iran. The global interest in artificial intelligence supported buying of tech shares, but markets have generally moved in a narrow range ahead of Nvidia’s release of its earnings report later in the day. Falling crude prices also brightened investor sentiment in oil-importing nations like Japan, which imports virtually all its oil.
XPeng Co-President Brian Gu thinks its margins will eventually eclipse those of the core electric-vehicle business.
The laser manufacturer reported a notable insider sale amid a fall in the stock price.
Nvidia stock keeps getting more attractive.
Buy now, pay later company Affirm (NASDAQ:AFRM) will be reporting results this Thursday afternoon. Here’s what to look for.
Electronics retailer Best Buy (NYSE:BBY) will be announcing earnings results this Thursday before market open. Here’s what to expect.
Revenue up 6.8% to RMB5.0 billion, with international expansion and hotel management driving strong momentum.
PSP Swiss Property AG (WBO:PSPN) reports robust half-year results with 1.7% adjusted like-for-like growth, significant valuation gains, and a Moody's credit rating upgrade.
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