It sports a solid (and growing) dividend yield of 3.3%, too.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
After listening to this top executive, it's hard for investors not to get excited about the ongoing AI spending boom.
The upgrade leans more on customer traffic than on price increases. The market repriced the stock immediately.
Shares in Chinese data centre supplier Zhongji InnoLight tumbled more than nine percent in its Hong Kong debut on Thursday, after raising at least US$6.8 billion in the city's biggest IPO for seven years, driven by a demand for AI components.The Shenzhen-listed firm priced its shares at HK$980 on Thursday, raising about HK$53.4 billion (US$6.8 billion), the most since Chinese tech behemoth Alibaba listed in the city in 2019.
Johnson Controls International (NYSE:JCI) reported fiscal third-quarter results marked by double-digit organic sales growth, expanding margins and record backlog, as demand for data-center and other mission-critical thermal-management systems remained strong. Chief Executive Officer Joakim Weideman
Nearly every dollar the company generated went right back out the door. Here's what it bought.
The world's largest auto retailer raised its dividend by 23%.
Chipotle jumped after hours, but is the recovery sustainable?
The company's robotaxi rollout is slower than anticipated, and that's making investors less forgiving of rising capital expenditures and falling margins.
China’s Kimi K3 AI model could be disruptive to some companies and provide a tailwind for others.
There is a moment in every industry when the argument stops being about the product and starts being about the rules. Companies that hit that moment usually send a lawyer. The rare ones send the founder. Nvidia (NVDA) has spent three years as the loudest argument in the stock market. Jensen Huang ...
AI stocks like Nvidia (NVDA) have taken haymakers for much of the year, with investors firmly in "show-me" mode. Circular financing, ballooning hyperscaler spending, and questions over risk-reward continue weighing down the market. Yet one overlooked name tied to that buildout emerged ...
Meta beat on revenue and Zuckerberg called AI a generational opportunity, yet the stock cratered in after-hours trading and wiped out billions from his personal fortune. The gap between the bullish pitch and the brutal numbers tells a complicated story.
The hyperscaler impressed Wall Street by holding firm on AI spending.
<p>ERShares Chief Investment Strategist and COO says XOVR isn’t a SpaceX or even a space ETF, despite all the attention-grabbing headlines this year. Tune into this episode to fund out what the fund actually is and how it's structurally unique compared to other ETFs in the category. </p>
Despite a relatively solid second-quarter report, many shareholders decided to sell.
Fundamentals always matter, but right now, this young stock's moving in a fairly predictable pattern worth using to your advantage.
The head of the Fed's choice of words when describing elevated inflation should rightly worry Wall Street and investors.
Bank investors like a Fed rate hike. But they didn't get one.
The company published its second-quarter results on Wednesday morning.
OpenAI CEO Sam Altman said he has seen the proposed framework for implementing President Donald Trum
Nuclear energy generation is expected to rise significantly.
Shareholders just got a caffeinated jolt from the coffee purveyor.
It was still basking in the afterglow of an impressive quarterly earnings report.
ARM (NASDAQ:ARM) reported record first-quarter fiscal 2027 results, with revenue rising 22% year over year to $1.29 billion as demand for its computing platform expanded across cloud AI infrastructure, edge devices and physical AI applications. Chief Executive Officer Rene Haas said the company del
Moby summary of OneMain Holdings, Inc.'s Q2 2026 earnings call
Healthy living trends favor the connected device maker.
(Bloomberg) -- A bipartisan group of US senators urged Apple Inc. to abandon any efforts to buy chips from blacklisted Chinese semiconductor suppliers CXMT Corp. and Yangtze Memory Technologies Co., warning that the iPhone maker risked becoming reliant on a US adversary for crucial components.Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates Ag