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Earnings Snippet: HPE Sees More AI Benefits
The Wall Street Journal23d agoneutral
Earnings Snippet: HPE Sees More AI Benefits

HPE lifted its long-term growth targets after revenue gains across both of its segments. The technology company now expects revenue to rise between 34% and 37% in the current fiscal year, up from a previous range of 29% to 33%.

Investing.com23d agoneutral
Elliott targets Deutsche Telekom, opposes $300B T-Mobile merger - Bloomberg News

Elliott’s move puts the activist directly at odds with Deutsche Telekom CEO Tim Hoettges, who has been pursuing a full combination of the two companies since at least April 2026. Deutsche Telekom holds roughly a 53% stake in T-Mobile US, and Hoettges’s plan would have created the world’s largest wireless operator by market capitalization. Instead, Elliott is pressing management to consider alternative paths to shareholder value, with buybacks cited as the preferred mechanism, according to Bloomb

Stocks Rise As Middle East Tensions Fray
The Wall Street Journal23d agoneutral
Stocks Rise As Middle East Tensions Fray

Renewed Middle East fighting and falling bond prices have weighed on stocks, but major indexes shrugged off those pressures on Wednesday after a rough start to the week. Brent crude futures have risen sharply in recent days, and didn’t move much on Wednesday despite the stock-market recovery. Brent hovered above $95 a barrel as Iran and the U.S. traded attacks again, leaving any resolution to the long-simmering conflict distant.

Bond Yields Are Near 5%: New York Fed's Williams Calls That A Sign Of 'Strong Economy'
Benzinga23d agoneutral
Bond Yields Are Near 5%: New York Fed's Williams Calls That A Sign Of 'Strong Economy'

The bond market is shouting to the world that money is getting expensive. But New York Fed President John Williams sees something different behind the rise in Treasury yields. In a CNBC interview on Wednesday, Williams said the climb in long-term yields is driven in large part by a “strong U.S. economy and a strong economic outlook fueled by big investments,” pointing to artificial intelligence, data centers and technology spending broadly. Rising Bond Yields May be a Symptom, Not a Problem Will

Chevron, Eni Lead Wave of Deals to Lift Venezuela Oil Output
Bloomberg23d agoneutral
Chevron, Eni Lead Wave of Deals to Lift Venezuela Oil Output

Executives from Chevron Corp., GE Vernova Inc. and Eni SpA joined US Energy Secretary Chris Wright and acting Venezuelan President Delcy Rodríguez to unveil a wave of energy deals aimed at boosting crude production in the South American nation.

Alphabet Stock Edges Higher After Court Win
The Wall Street Journal23d agoneutral
Alphabet Stock Edges Higher After Court Win

Alphabet shares rose nearly 1% Wednesday after a federal judge rejected the Justice Department’s request to dismantle the online advertising business at the company's Google unit. Read more on the decision ...

Rising Yields Reflect Strong Economy, Says Fed’s Williams
Barrons.com23d agoneutral
Rising Yields Reflect Strong Economy, Says Fed’s Williams

The market is pricing in a rate increase as the most likely outcome at the central bank's upcoming meeting, according to CME Fed Watch. Odds the Fed will announce an increase in rates on Sept. 16 ticked lower to 64% from 66% on Wednesday, though were still significantly higher than they were just last week. The slight pullback came after New York Federal Reserve President John Williams said the recent rise in Treasury yields reflected a strong economy and signaled a wait-and-see approach to September's meeting.