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The stock market rose Tuesday amid lower oil prices and yields, but cautiously heading into Fed inflation data and Nvidia earnings.
Chris Malone’s exit adds to a string of senior departures as OpenAI reshuffles its infrastructure team and prepares for a potential IPO.
Zoom stock fell amid Q2 revenue that edged by consensus estimates while guidance came in slightly below Wall Street targets.
The video conferencing company also bumped up its guidance for the year. However, its earnings guidance for the current quarter came in short of Wall Street’s forecast.
The U.S. Postal Service on Tuesday proposed surcharges for domestic package delivery during the peak holiday season to cover extra handling costs, following the lead of large parcel carriers like FedEx and UPS that annually tack on holiday premiums. The announcement adds to rising cost pressures felt by shippers this year, especially since the Iran […] The post U.S. Postal Service plans 6% peak season surcharge for parcels appeared first on FreightWaves.
The Bahnsen Group CIO, David Bahnsen, talks with Market Domination's Josh Lipton about how dividend growth investing can build long-term wealth and outperform inflation. Bahnsen emphasizes that young investors benefit from a dividend growth strategy because of its compounding potential.
A new oil find off the coast of Angola pushed Chevron stock near record highs.
Investing.com -- Intuit (NASDAQ:INTU) shares fell in after-hours trading Tuesday after the company issued fiscal 2027 guidance below Wall Street expectations, as it works to "accelerate customer growth, increase market share, and strengthen the long-term durability" of its growth model.
Rob Bonta said Paramount is more focused on the “court of public opinion” than the court of law in the Warner merger fight.
Financial technology platform Intuit (NASDAQ:INTU) reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 13.7% year on year to $4.35 billion. On the other hand, next quarter’s revenue guidance of $4.31 billion was less impressive, coming in 1.3% below analysts’ estimates. Its GAAP profit of $1.34 per share was 75.1% above analysts’ consensus estimates.
Intuit stock is falling about 7% in late trading. Investors are souring on the software company after it guided for growth to slow this fiscal year, forecasting revenue up 9% to 10%, compared with 14% growth in the latest year.
Management put a stunning new number on its full-year earnings, and the market is buying the story. But the real question is whether this is a new era of growth or customers pulling forward tomorrow's demand into today.
The company said it expects revenue to increase 9% to 10% for fiscal 2027, slowing from 14% this year, as it recorded a lower profit in its latest quarter.
U.S. stocks rose as another drop in oil prices and tepid economic data quelled inflation concerns. The S&P 500 gained 24.42 points, or 0.32%, to 7677.28 and the tech-heavy Nasdaq Composite added 171.11 points, or 0.66%, to 26151.30. Oil futures fell as traders weighed the relatively modest scale of a new round of U.S. economic sanctions on Iran.
NRG Energy stock has more than tripled over the past three years, yet the current checks suggest it is no longer a clear bargain and now looks closer to fairly priced on market multiples. NRG Energy has delivered a 214.2% return over three years, which puts extra focus on whether today’s price still offers an attractive entry point. Growth tied to the LS Power assets and the Vivint Smart Home segment can support earnings expectations, while execution risks around the large Texas data center...
Financial software firm Intuit handily beat Wall Street's targets for its fiscal fourth quarter but disappointed with its guidance.
Malone joined OpenAI in March 2025, shortly after the company unveiled Stargate — a joint venture with Oracle and SoftBank to build AI data-center capacity at scale. His exit follows the departures of Chief Revenue Officer Denise Dresser, Chief Operating Officer Brad Lightcap, and Fidji Simo, who served as second-in-command to CEO Sam Altman, according to the WSJ report. Analysts have noted that clustering this many C-suite exits in the months before a listing is unusual even by pre-IPO standard
Nvidia’s quarterly earnings announcement has been a major stock-market event ever since the AI boom began in earnest with the introduction of ChatGPT in late 2022.
By Saeed Azhar, Purvi Agarwal and Niket Nishant NEW YORK, Aug 25 (Reuters) - Wall Street's main indexes closed higher on Tuesday, as technology stocks recovered from a selloff ahead of AI heavyweight
Moor Insights & Strategy founder, CEO, and chief analyst Patrick Moorhead speaks with Josh Lipton about what Nvidia's (NVDA) margins and balance sheet may be conveying about the chip giant ahead of its second quarter earnings release on Wednesday, August 26.
The software remedy may contain repair costs, but the recall reaches far beyond one quarter of deliveries.
An OpenAI executive helping to oversee the AI developer’s data center buildout, Chris Malone, has left the company.
Marvell AI Opportunity Gains Steam as Susquehanna Lifts Target to $265
Beating the market is difficult, even with AI’s help.
Options imply a nearly 8% move after results.
Cheaper alternatives are testing the limits of AI pricing power
Trump's January 1 deadline gives GM and Ford just four months to rethink supply chains that took decades to build, and a little-known legal wrinkle could make the whole tariff structure collapse before either company finishes planning around it.
Nvidia (NVDA) is reporting second quarter earnings on Wednesday after the closing bell. Yahoo Finance Markets and Data Editor Jared Blikre takes a closer look at Nvidia's data center business in this Chart of the Day.
CrowdStrike Stock Soars 63% in 2026: Earnings Could Trigger the Next Big Move
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