
Alibaba Group Holding is rolling out what it calls China's most powerful AI chip, an accelerator to compete with Nvidia. Ed Ludlow reports on "Bloomberg Open Interest."
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Alibaba Group Holding is rolling out what it calls China's most powerful AI chip, an accelerator to compete with Nvidia. Ed Ludlow reports on "Bloomberg Open Interest."

JPMorgan Chase & Co. seeks to double its GIFT City business over the next couple of years as the Wall Street bank steps up investment in India’s only international financial hub, according to Global Co-Head of Payments Max Neukirchen.

Sept 22 (Reuters) - Wall Street's main indexes opened higher on Tuesday, with the tech-heavy Nasdaq hitting an intraday record high for the first time since early June, while investors awaited

Fed's latest rate hike could support WFC's NII expansion, but rising deposit costs and may limit the upside to some extent.

Carnival Corporation (CCL) looks undervalued to value investors ahead of its Q3 earnings release next Tuesday (29th). For example, its forward P/E ratio is just 10x, versus an average of 13x over the last 2 years.

GameStop quietly disclosed a $4.9 billion eBay stake while 59 million warrants sit underwater with weeks until expiration, and whether Ryan Cohen can pull off the biggest retail comeback deal in history may hinge on a single stock price crossing one critical threshold.

By Stephen Nellis SAN FRANCISCO, Sept 22 (Reuters) - When Apple's new desktop computers start shipping Tuesday, the company's executives will make an unusual pitch to corporate buyers: They are

Sysco currently trades at $78.11 per share and has shown little upside over the past six months, posting a small loss of 4.3%. The stock also fell short of the S&P 500’s 16.2% gain during that period.

With an antitrust lawsuit now settled, the controversial Hollywood megamerger is now likely to proceed quickly. Here’s what to expect.

Berkshire’s $365 billion in cash is a valuable asset in a rising-rate environment.

Over the past week or so, the 10-year Treasury yield has inched upward to nearly 5%, a critical psychological threshold for investors around the world. Other explanations are more concerning: heavy Treasury issuance to finance federal budget shortfalls, persistent above-target inflation, and mounting uncertainties about future monetary policy. Finally, and most worrisome of all, is the possibility that political paralysis will stymie any correction of fiscal deficits and ultimately engender soaring bond yields, a financial crisis, or even a federal default.

Paychex (NASDAQ:PAYX) is set to report its earnings on Wednesday, September 23, 2026. The company has $41 billion in current market capitalization. Revenue over the last twelve months was $6.5 billion, and it was operationally profitable with $2.5 billion in operating profits and net income of $1.8 billion. While the post-earnings stock reaction will depend on how the results and outlook stack up against investor expectations, a detailed look at historical results can aid you if you are an event

A closely watched part of the Treasury yield curve is flattening. The spread between the two-year and 10-year Treasury yield hit its narrowest level since March 2025 this morning, according to FactSet data, in the latest sign that investors are pricing in higher rates. The spread has been narrowing since February as investors increasingly priced in inflation risks from the conflict with Iran.

What a time it’s been for Workday. In the past six months alone, the company’s stock price has increased by a massive 40.1%, reaching $192.03 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.

The British AI data center developer depends on tech giants Microsoft and Anthropic for most of its revenue.

Power electronics company Vicor jumped Tuesday after nearly doubling its sequential revenue growth guidance, driven by royalty fees from a new patent license deal for its artificial-intelligence-power technology. Vicor raised its sequential revenue growth forecast for the fiscal third quarter to more than 20%, up from its previous 10% projection, the company said in press release. Vinciarelli added that the clients approached Vicor after realizing that using unlicensed power delivery components put their AI computing systems at risk of import bans from the U.S. International Trade Commission and patent infringement litigation.

Okta stock has surged ahead of an investor day as Wall Street weighs whether AI will drive the cybersecurity firm's next growth phase.

Find insight on Novo Nordisk, Roche Holding, IHH Healthcare and more in the latest Market Talks covering Health Care.

Thor Industries (THO) delivered earnings and revenue surprises of -16.13% and +7.37%, respectively, for the quarter ended July 2026. Do the numbers hold clues to what lies ahead for the stock?

Plus: British Columbia sues OpenAI over mass school shooting and executives flock to New York to tout lowering emissions.

Accelevation Holdings Corp. and its backer Olympus Partners are seeking to raise as much as $720 million in the data center infrastructure company’s initial public offering.

Planet Labs PBC (NYSE:PL) has opened a new satellite manufacturing facility in Berlin’s Mitte district, expanding its European operations and establishing production capacity for its Pelican satellite programme. German Federal Minister for Economic Affairs and Energy Katherina Reiche attended the opening of the 5,700-square-metre facility.

The lack of clarity around crypto’s regulatory framework hasn’t stopped bitcoin from surging, as investors haven’t abandoned hopes for clearer U.S. rules.

Novo Nordisk (NYSE:NVO) is considering acquisitions to strengthen its weight-loss drug pipeline and expand into related therapeutic areas as competition increases, Chief Executive Mike Doustdar said on Tuesday. Speaking to CNBC’s Squawk Box Europe, Doustdar said the Danish pharmaceutical company was examining opportunities to address gaps in its portfolio, including acquiring medicines that could complement or outperform treatments developed internally.

Sept 22 (Reuters) - The combination of a buzzy reception for Meta's new AI assistant Muse and softer oil prices was enough to give stocks a lift to start the week, with Mark Zuckerberg's firm surging more than 11% on demand for its new agent on Monday. The broader AI stock universe, which has been wavering all month over apocalyptic AI disaster warnings, lapped it up too.
Investing.com - The Nasdaq 100 posted its best session since early August on Monday, surging 2.8% to a record close as investors concluded that AI-driven earnings growth has made the Federal Reserve's latest rate hike a secondary concern.

By Aditya Soni and Kenneth Li SAN FRANCISCO/NEW YORK, Sept 22 (Reuters) - Companies betting AI devices will usher in a post-smartphone era are fueling privacy fears around the globe that could slow
Why Muse is the new darling of Meta investors.

Nasdaq futures were flat after a global rally in AI-linked stocks stalled in European trade, and oil prices reversed course to fall on rising hopes for a diplomatic settlement to reopen Hormuz.

US stock futures were little changed on Tuesday following a rally in technology shares during the previous session. Investors were monitoring President Donald Trump’s upcoming address to the United Nations, comments from a Federal Reserve official on interest rates and the launch of a new artificial intelligence chip by Alibaba.
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