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AI infrastructure demand drove $9.12B revenue and record profitability.

The market sold off Thursday after Treasurys retreated from Wednesday’s rally, oil prices rose and Walmart, a component of all three major indexes, fell more than 9%, according to Jay Hatfield, chief executive at Infrastructure Capital Advisors.

In late June, Airwallex raised $320 million in a Series H funding round led by Addition, which valued the cross-border payments platform at $11 billion

Moby summary of Twin Disc, Incorporated's Q4 2026 earnings call

OpenAI rolled out support on Thursday for controlling Apple Inc.’s iMessage service via ChatGPT, a move with the potential to raise privacy concerns for the iPhone maker.

Moby summary of Hovnanian Enterprises, Inc.'s Q3 2026 earnings call

Moby summary of Advance Auto Parts, Inc.'s Q2 2026 earnings call

Find insight on Coinbase, Munich Re, Standard Life and more in the latest Market Talks covering financial services.

Elon Musk has identified China as the strongest competitor the United States faces in artificial intelligence.

FINANCE U.S. stocks fell Thursday as the brief calm in the bond market evaporated. Treasury yields climbed back toward recent highs and weak results from Walmart raised fresh concerns about the health of American consumers.

The off-price retailer now forecasts earnings per share of $8.61 to $8.77 for the year as its second-quarter profit and sales gained on higher traffic.

The AI-hardware maker’s board found no evidence CEO Charles Liang knew anything about alleged chip smuggling but a pending trial could bring more legal exposure to the beleaguered company.

Broadcom is in talks with a group of ‌lenders to raise more than $60 ‌billion in debt for an AI chip financing ​deal that will benefit Anthropic and other companies, Bloomberg News reported on Thursday, citing people familiar with the ‌matter. The financing ⁠could include a roughly $30 billion junior debt tranche, and Broadcom ⁠would guarantee part of the senior-secured tranche possibly ranging from about $60 ​billion to $70 ​billion, the report ​said. Blackstone and Apollo Global Management are in talks with ‌Broadcom to participate ​in the financing, following ​a partnership ​the three companies struck ‌in June, the report added.

Xpeng is set to report its fiscal Q2 earnings on Aug. 24. Here’s how the data suggests you should play XPEV shares at current levels.

Artificial intelligence firm Anthropic PBC is preparing for a landmark initial public offering that could equal or exceed SpaceX’s $75-billion IPO.

Broadcom Inc. is in talks with a group of lenders to raise more than $60 billion in debt for an AI chip financing deal that will benefit Anthropic PBC and other companies, according to people with knowledge of the matter.

Deere is known for tractors and harvesters. But data centers and energy infrastructure fuel its construction business.

Michael Reinking, Senior Market Strategist at the NYSE, recaps a week dominated by Treasury Secretary Bessent, whose doubled liquidity support buybacks reignited the debasement trade, sending gold back above 4,500 and triggering a massive crypto short squeeze that propelled Bitcoin up ~15% and Ethereum up 25%. Escalating Iran tensions pushed ICE Brent into the low 90s after a 60-day ceasefire expired, while equity markets drifted lower with the S&P 500 down ~1.5% as retail earnings disappointed broadly and healthcare surged nearly 4% on landmark cancer trial results from Merck and Moderna. Looking ahead, next week's PCE print, Nvidia earnings, and Fed Chair Warsh's first Jackson Hole speech are the marquee events to watch.

A legendary value investor just made a massive bet on Big Tech.

A broad stock market slide followed a snap-back in yields. So much for that bond market rebound. The Dow Jones Industrial Average sank 698 points, or 1.3%. The S&P 500 dropped 0.9%. The Nasdaq Composite fell 1%.

A new JPMorgan analyst report outlines a longer timeline for the eventual release of Tesla's Optimus robots. Tesla stock is down 1.7% on Thursday.

Cloud growth accelerated sharply, but infrastructure spending and weak adjusted earnings dominated the reaction.

<body><p>STORY: Walmart shares fell after the retailer missed Wall Street expectations for quarterly comparable sales, saying higher gasoline prices had shoppers reining in spending.</p><p>"We're starting to see maybe this convergence of the K-shaped economy, where, you know, we are seeing still resilience in various parts of it, but I think, you know, the combination of inflation, high prices, maybe it's specifically gas prices or food prices, is starting to weigh on the consumer."</p><p>The results added to concerns about consumer spending, a key driver of the U.S. economy.</p></body>

Super Micro says its internal probe has cleared current management of any wrongdoing. But does that warrant buying SMCI shares today? Let’s find out!

A one-off tariff refund is expected to be consumed by cost inflation the company had not planned for, which is why a quarter that beat on earnings left the full-year outlook untouched.

Federal debt just crossed a staggering new threshold while Treasury scrambles to prop up the bond market, and the intervention collapsed within 24 hours. Where Berkshire puts its money instead reveals something most retirees holding long bonds have not yet reckoned with.

BP, Excelerate Energy, and Occidental Petroleum raised dividends in 2026 amid strong sector gains, offering solid yields and sustainable payout ratios backed by rising cash flow.

Anthropic could publicly file its IPO paperwork as soon as this month.

One restaurant chain is trading at a sky-high valuation while another has shed double digits this year, and the market's verdict defies everything a shaky consumer economy would predict about which business wins.

Alibaba's aggressive AI infrastructure spending drives record cloud acceleration, while e-commerce faces domestic headwinds and quick commerce shows promising path to profitability.