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Nvidia plans to start shipping small volumes of an AI chip designed for Chinese customers by the end of the year, The Information reported on Thursday, citing two employees. The chip giant did not immediately respond to a Reuters request for comment. Reuters could not independently verify the report.
The Elon Musk-led rocket and AI company is landing lucrative contracts and benefiting from the Trump administration’s deregulatory push.
A new mRNA cancer vaccine hit its goal in melanoma patients, giving a healthcare giant a fresh growth story.
Moby summary of Futu Holdings Limited's Q2 2026 earnings call
Moby summary of ScanSource, Inc.'s Q4 2026 earnings call
The two chains have been performing strongly, and the scares should have a temporary effect on sales.
Bank of America sees Zoom’s post-pandemic reset nearing an end as new products, stronger retention, and an overlooked asset reshape the bull case.
Retail earnings this week so far paint a mixed picture—both about how U.S. consumers are fairing and how large retailers are navigating those waters. Target and Walmart, mainstream retailers that sell a range of goods including groceries, both reported higher sales, but flagged that shoppers continue to be cautious, in part because of higher gas prices. Target said comparable sales rose 3.8% in the most recent quarter, its second quarter of solid growth after enduring a yearslong string of weak quarterly sales results.
By Karen Roman AIR Global PLC (Nasdaq: AIIR) said first half revenue increased 3.7% to $206.9 million due to flavored shisha molasses revenue growth of 3.4% to $204.7 million, while gross profit rose 2.4% to $116.8 million. Adjusted EBITDA was $71.7 million, flat year-over-year, related to lower shipment volumes partially offset by U.S. tariff refunds. […] The post AIR Global Reports 1H Revenue & Gross Profit Growth, Maintains 2026 Guidance appeared first on ExecEdge.
Campbell's (CPB) is heading into a difficult fiscal 2027 as weakening demand, pressure in snacks, hi
Walmart set a somber tone for the first week of retailer earnings, but that wasn’t the whole story. The big news was Walmart’s sales woes as the Bentonville, Ark.-based giant reported a same-store sales decline—the first since 2020. Target meanwhile, showed some signs of life, reflecting its turnaround efforts.
Deere & Company (NYSE:DE) reported higher third-quarter revenue and raised its fiscal 2026 outlook, citing operating execution, improving inventory health and continued strength in its construction and small agriculture businesses despite soft conditions in portions of the global farm-equipment mark
Alibaba Group (NYSE:BABA) reported June-quarter revenue growth of 9% as accelerating demand for artificial intelligence products and cloud services helped offset the effects of heavier technology investment on profitability. Chief Executive Officer Eddie Wu said Alibaba Cloud’s external revenue ros
Alibaba's (BABA) fiscal first-quarter earnings missed expectations even as revenue edged past Wall S
CEOs used to talk up AI progress and efficiency by the number of workers it could replace, but with economic worries climbing, they're being more careful about linking AI to job cuts.
The day after Moderna’s stock posted its biggest one-day gain on record, it is on track for its largest percent drop in more than two years as investors digested the news and adjusted their positions. Prior to Wednesday’s rally on positive mRNA cancer vaccine data, Moderna’s stock had substantial short interest at 13.7%. UBS said its clients sold a record $44 million in Moderna shares Wednesday, suggesting some investors were cashing out after the rally.
The cuts affect the company’s corporate staff in technology and coffeehouse development. The reductions don’t involve cafe closures.
HUM's Star Ratings recovery is set to show early progress, but October's CMS release will test its MA turnaround and path to a 2028 margin target.
Estee Lauder's (EL) turnaround continues to progress and its fiscal 2027 guidance is achievable, RBC
Gold (GC=F) December futures opened at $4,580 per troy ounce on Thursday, August 20, 2026, up 0.8% from Wednesday's closing price.
Just like individual investors, companies hold stock in other companies, and unrealized gains in these stocks can boost earnings numbers.
Chubb (CB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
SpaceX stock just slipped below its IPO price on a fraction of the supply that sent shares surging weeks ago, and the calendar shows two far larger unlock events still ahead before year-end.
It’s virtually impossible for U.S. investors to buy into Chinese IPOs, though some U.S. ETFs own shares.
Alibaba Group (NYSE:BABA) reported a 75% drop in quarterly profit on Thursday, as heavy investment in artificial intelligence infrastructure squeezed margins at China's e-commerce and cloud giant. Net income for the June quarter fell to 10.4 billion yuan ($1.5 billion), missing analyst...
China’s technology giant Alibaba on Thursday reported a 75% drop in profit for the latest quarter as it invested big in artificial intelligence infrastructure, even as revenue coming from its AI-related services gained 45%. The Hong Kong- and U.S.-listed company, which started out in e-commerce and online retail but is increasingly focused on AI technologies, said that its profit for April-June was at 10.5 billion yuan ($1.6 billion), down from 43.1 billion yuan ($6.4 billion) the same quarter last year. Quarterly revenue grew 9% to almost 269 billion yuan (nearly $40 billion), with revenue from its AI cloud and compute services up 45% to 48.4 billion yuan ($7.2 billion).
Viking Holdings posted Q2 2026 revenue and EPS beats with strong 2026 and 2027 bookings, and analysts maintain a Moderate Buy rating despite VIK's premium valuation.
Walmart (NASDAQ:WMT) raised its fiscal 2027 sales, operating income and earnings outlook after reporting second-quarter results that management said reflected continued market-share gains, eCommerce momentum and growth in higher-margin businesses including advertising, Marketplace and membership. E
Nordson (NASDAQ:NDSN) reported record fiscal third-quarter sales, profit and adjusted earnings per share, as broad-based organic growth across its three operating segments and accelerating order activity lifted backlog 35% from a year earlier. For the quarter, the company posted sales of $818 milli
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