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How Investors May Respond To Snowflake (SNOW) AI-fueled Guidance Hike and $3.7 Billion Buyback
Simply Wall St.11d agobullish
How Investors May Respond To Snowflake (SNOW) AI-fueled Guidance Hike and $3.7 Billion Buyback

In early September 2026, Snowflake reported second-quarter fiscal 2027 results showing higher sales of US$1,546.79 million and a reduced net loss of US$191.72 million, while also completing a US$3,697.59 million share repurchase program that retired 25,378,000 shares. Management attributed the stronger performance to growing adoption of its AI offerings, including CoCo and CoWork, and raised full-year fiscal 2027 product revenue and operating margin guidance, signaling increased confidence...

Amazon Could Buy Up to $60 Billion From Qualcomm Just as Apple Brings Modems In-House. Is the AI Pivot Real?
Insider Monkey11d agobullish
Amazon Could Buy Up to $60 Billion From Qualcomm Just as Apple Brings Modems In-House. Is the AI Pivot Real?

QUALCOMM Incorporated (NASDAQ:QCOM) is trying to replace part of a fading smartphone dependency with AI infrastructure, and Amazon.com, Inc. (NASDAQ:AMZN) just gave investors a large number to measure it against. Qualcomm’s September 8 SEC filing ties Amazon warrants to commercial arrangements, binding orders and actual purchases that can reach a maximum of $60 billion. That […]

Why Is Coinbase (COIN) Stock Soaring Today
StockStory11d agobullish
Why Is Coinbase (COIN) Stock Soaring Today

Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 8.7% in the afternoon session after the Senate prepared for a crucial floor vote on the Digital Asset Market Clarity Act (CLARITY Act), prompting Compass Point to upgrade the cryptocurrency exchange operator to Neutral from Sell amid a broader recovery in Bitcoin prices. According to Dow Jones Newswires, the highly anticipated procedural vote centers on a revised 635-page bill that aims to establish a clear regulatory fram

Mastercard (MA) Lands Multi Year Cross Border Card Partnership
Simply Wall St.11d agobullish
Mastercard (MA) Lands Multi Year Cross Border Card Partnership

Mastercard (NYSE: MA) and KEO Capital have entered a multi-year partnership to expand KEO’s cross-border card program. The agreement focuses on widening access to Mastercard-branded cards for KEO Capital clients and program participants in international markets. The collaboration targets broader usage of Mastercard solutions in cross-border payments for financial institutions and other KEO Capital partners. This new KEO Capital and Mastercard cross-border card partnership deserves...

Qualcomm (QCOM) Expands AI Data Center Push With New Compute Fabric Partnership
Simply Wall St.11d agobullish
Qualcomm (QCOM) Expands AI Data Center Push With New Compute Fabric Partnership

Qualcomm (NasdaqGS:QCOM) is collaborating with Cornelis Networks on new AI data center networking and programmable compute infrastructure. Cornelis Networks has introduced its Active Compute Fabric, an open architecture focused on scale-up and scale-out AI networking with embedded compute. The partnership extends Qualcomm Technologies' recent AI infrastructure work beyond its collaboration with Amazon into broader data center networking projects. This new Active Compute Fabric collaboration...

Should You Buy Cirrus Logic Stock Because Its Buyback Got Cheaper?
Trefis11d agobullish
Should You Buy Cirrus Logic Stock Because Its Buyback Got Cheaper?

Cirrus Logic (CRUS) stock has fallen about 27% in three months and trades roughly a third below its 52-week high. Investors are weighing a PC year that just got pushed out against a share count that keeps shrinking anyway. The buyback behind that is sturdier than the tape suggests: third in line for the cash, and still comfortably funded.

Citigroup Sees ROTCE Beating Guidance as Markets, Cards and Services Gain
MarketBeat11d agobullish
Citigroup Sees ROTCE Beating Guidance as Markets, Cards and Services Gain

Citigroup (NYSE:C) Chief Financial Officer Gonzalo Luchetti said the bank expects full-year return on tangible common equity, or ROTCE, to finish slightly above the high end of its previously stated 10% to 11% range, citing continued momentum across its markets, banking, services and consumer busine

Amazon and Microsoft Can Buy GPUs. But U.S. Construction Is Short 439,000 Workers
Insider Monkey11d agobullish
Amazon and Microsoft Can Buy GPUs. But U.S. Construction Is Short 439,000 Workers

The AI buildout has an increasingly low-tech bottleneck: people. Reuters Breakingviews reported on September 14 that the U.S. construction industry faces a shortfall of roughly 439,000 workers as data centers compete with housing, transport and industrial projects for skilled labor. Amazon.com, Inc. (NASDAQ:AMZN) and Microsoft Corporation (NASDAQ:MSFT) can finance multibillion-dollar AI campuses and secure GPUs. […]