News

Cloud infrastructure revenue hit $7.4 billion in the fiscal first quarter, up 121%, as total revenue rose 30% to $19.3 billion

(Updates with market moves at the end of the day, and other changes, if any.) Stocks on Wall Stre

The pioneering robo-advisor says the assets on its platform topped $100 billion for the first time at the end of August.

Oracle stock jumped late Thursday after the tech giant reported fiscal first-quarter results that beat expectations.

U.S. stocks fell for the fourth straight session and Treasury yields hit multiyear highs as U.S. oil prices topped the $100-per-barrel level while August inflation data revealed the toll energy costs are taking on commercial users.

Adobe Inc (NASDAQ:ADBE) reported record third-quarter results that beat Wall Street estimates and raised its full-year revenue and profit guidance, as the software company's push into artificial intelligence tools continues to gain traction. The company posted third-quarter revenue of $6.8...

Oracle Corp. reported growth in its cloud computing business that topped analysts’ estimates, suggesting the company’s large AI data center projects are helping boost its financial results.

Adobe Inc. gave an outlook for sales that narrowly missed analysts’ estimates, renewing concerns about pressure from artificial intelligence upstarts.

Oil prices extended their run higher Thursday, lifting Treasury yields ahead of Friday's critical inflation update and next week's Fed meeting.

The reason has less to do with rockets than with what’s inside the panels.

Stocks fell for the fourth straight session ahead of tomorrow's critical inflation report, as the market was dragged down by surging oil futures and bond yields. The S&P 500 fell 0.6% and the Nasdaq Composite dropped 0.

A House Democrat is calling for federal action against Tesla Inc. (NASDAQ:TSLA) after an NBC News report identified 43 videos appearing to show people asleep behind the wheel of moving Teslas, including 17 this year. Rep. Raja Krishnamoorthi (D-Ill.) asked...

Michael Reinking, Senior Market Strategist at the NYSE, reviews a tense week as renewed U.S.-Iran conflict and Houthi attacks in the Red Sea pushed oil prices up nearly 10%, with Brent nearing $105 a barrel. That spike reignited inflation fears, driving Treasury yields to new YTD highs and pushing odds of a Fed hike next week to roughly 70%, alongside an ECB hike and an expected BOJ move. The S&P 500 fell about 1.5%, testing its 50-day average near 7,600, while AI hardware stocks outperformed and healthcare and materials lagged. Looking ahead, Friday's CPI report sets the stage for next week's FOMC meeting.

Late-night host says interview with Texas Senate candidate James Talarico couldn’t air on ABC because of concerns over the rules.

The CEO of one of Apple’s biggest carrier partners did not mince words.

DraftKings Inc. Chief Executive Officer Jason Robins says the company has seen growth across all of its products and says prediction markets present a huge opportunity for the business. He speaks to Bloomberg's Romaine Bostick.

Joe Lonsdale—a Republican donor, Trump administration ally and co-founder of Palantir—criticized the president’s proposal to give $5,000 to American adults if the GOP keeps control of Congress. “For the record, I am hugely in favor of winning the midterms, and love much about this admin, but am strongly against bread and circus bribes,” Lonsdale, who co-hosted an event on the convention’s sidelines, wrote on social media on Wednesday night.

Fitch Ratings says an AI-led market collapse could send U.S. share prices down 35% over six months and push the economy into recession, as American growth becomes increasingly dependent on technology spending. The ratings firm modeled the outcome as a...

Tech stocks are under pressure today, and Navan is seeing outsized sell-offs.

Lululemon shares cratered to an eight-year low after the company gutted its full-year outlook, and with a brand new CEO stepping in next week and leggings sales in freefall, the question is whether anyone can stop the bleeding.

Bitcoin couldn't escape today's inflation-driven selloff, but a bearish pattern on its chart is about to flip for the first time since November.

Barclays Raises S&P 500 Forecast Despite Warning Signs From Utilities and Valuations

Today's wholesale inflation data sets the stage for tomorrow's consumer price index release, with investors watching closely for signs inflation is spreading beyond energy. The producer price index rose as expected in August, which prompted a move lower in equities, intensified bond yield rises, and caused a jump in odds of a rate hike from the Federal Reserve. The S&P 500 dropped 0.6% while the Nasdaq Composite declined 0.6%.

Rate-hike odds for next week's Fed meeting jumped to 70%.

Investor Peter Schiff said he doesn’t believe the Federal Reserve will raise interest rates next week, arguing that even if it does, a quarter-point move would do nothing to curb inflation in an environment of surging commodity prices. ‘They Should...

AeroVironment posted a Q1 revenue and earnings beat with record backlog, prompting Moderate Buy ratings from analysts and price targets implying significant upside from current levels.

American Eagle Outfitters Inc. (NYSE:AEO) shares fell nearly 16% Thursday after mixed second-quarter results, with revenue modestly above consensus even as reported earnings got a significant boost from tariff refunds. Consolidated sales rose 8% to $1.38 billion, with comparable sales up 6%,...

The bank’s revised forecast says something uncomfortable about today’s price.

Oracle gave traders a 36% single-session surge exactly one year ago tonight, yet options activity heading into this earnings report tells a completely different story about where the smart money expects the stock to go.

(Updates with latest market prices and developments.) Wall Street's main equity indexes were lowe