News

Anthropic may target a $2 trillion initial public offering (IPO).

All eyes turned to the Federal Reserve's Jackson Hole Symposium, where Fed Chairman Kevin Warsh is scheduled to speak.

All eyes turned to the Federal Reserve's Jackson Hole Symposium, where Fed Chairman Kevin Warsh is scheduled to speak.

Fox (FOX) could still be part of a future re-merger with News Corp. (NWSA), Reuters reported Thursda

Here are four major developments from a big day for Nvidia and tech stocks yesterday. Nvidia shares soared after blockbuster earnings. Nvidia CEO Jensen Huang responded to Bill Gates’ AI warnings. Salesforce boosted software stocks.

European Lithium files merger documents, setting a Sept. 15 court hearing for the $835 million all-stock deal.

Nvidia has spent more than $2.5 million on federal lobbying this year, according to Bloomberg.

SEOUL, Aug 28 (Reuters) - South Korean exports likely extended their robust growth in August to mark a 15th consecutive month of gains, driven by surging global demand for AI chips, a Reuters poll

Workday Inc (WDAY) reports strong Q2 results with AI-powered products contributing over $100 million in new ACV, while guiding to a strategic growth slowdown in FY28.

Marvell raises fiscal 2027 and 2028 revenue targets to $12 billion and $18 billion, fueled by data center demand and a game-changing hyperscaler agreement.

Autodesk Inc (ADSK) raises full-year outlook on robust 16% revenue growth, driven by AI adoption and strategic MaintainX acquisition, despite ongoing sales reorganization challenges.

AI security offerings triple ARR as the company posts record net new ARR and a 45% surge in RPO to $1.7 billion.

Affirm reports its most profitable quarter ever, driven by strong services growth and expanding network effects.

Kevin Warsh is scheduled to speak on Friday at the Fed’s annual symposium in Jackson Hole, Wyoming.

Burry’s Nvidia calls gained 50% to 60% in under a day after the stock rallied about 9%.

A drawdown this deep usually leaves a stock cheaper. This one mostly reveals how expensive the shares were at the peak.

Asian stocks mostly rose Friday ahead of a closely watched speech by Federal Reserve boss Kevin Warsh that investors will be parsing for clues about the outlook for interest rates amid elevated inflation and no sign of an end to the Middle East crisis. "Recent data have reduced the immediate need for tighter policy, giving Warsh room to re-establish the Fed's inflation-fighting message without signalling imminent action," he wrote.

By Stella Qiu SYDNEY, Aug 28 (Reuters) - Shares in Asia turned cautious on Friday after a Nvidia-fuelled technology rally, while currency and bond markets held their breath for the world's most

It’s good news for shoppers, but shareholders may not be happy.

A consortium of buyout firm Advent and payment processor Stripe has decided to abandon its pursuit of fintech pioneer PayPal Holdings Inc., according to people familiar with the matter.

Salesforce, Inc. will release earnings for its second quarter after the closing bell on Wednesday, Aug. 26. Analysts expect the company to report quarterly earnings of $3.27 per share, up from $2.91 per share in the year-ago period. The consensus...

Wall Street spots a major obstacle in SpaceX’s next move.

Tech firms are courting Democrats and hiring advisers to prepare for potential investigations if Republicans lose control of the House.

The U.S. Food and Drug Administration (FDA) on Tuesday approved Abbott Laboratories’ Libre Duo 10 Day Continuous Dual Glucose Ketone Monitoring System for diabetes patients aged two and older. The regulatory nod makes the device the first wearable in the...

Cloud revenue surged 45% as AI infrastructure investments weighed on profitability.

Affirm (NASDAQ:AFRM) said its fiscal fourth quarter was its most profitable ever, excluding the release of a tax valuation allowance, as the buy now, pay later company pointed to continued momentum in its core business and outlined product, merchant and international expansion priorities. Founder a

Guidance upgrades are generally one of the most bullish things to watch for in earnings season, as renewed outlooks can often lead to positive EPS revisions, one of the strongest drivers of a stock's near-term movement.

The “Mad Money” host says to think in decades, not quarters. But the stock’s first few months tell a messier story.

Rosenblatt Securities raised HIVE Digital’s price target, citing the company’s growing push into AI infrastructure after a strong fiscal first quarter.

The deal would have seen Solstice, a maker of refrigerants and advanced materials, buy specialty-chemicals maker Element for more than $12 billion in cash and stock.