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Li Auto (NASDAQ:LI) reported a second-quarter net loss as revenue and vehicle margins declined from a year earlier, while management outlined plans for new battery-electric vehicle launches, continued investment in proprietary technology and expansion into overseas markets. Total revenue for the se
Nvidia (NVDA) reports second quarter earnings results after the closing bell on Wednesday. Bloomberg Intelligence head of technology research Mandeep Singh explains what markets need to see in the earnings print.
Anthropic is pitching investors a revenue number so large it strains belief, but buried beneath the headline figure lies a tangle of risks involving overbuilt data centers, geopolitical threats, and an AI economy that could ultimately devour the very consumers it depends on.
Banks large and small have started to warm up to the idea of their own stablecoins, despite early doubts from some executives that there will be much demand for them. Instead, banks banded together to launch a tokenized deposit system as an answer to the rapid changes in the world of payments. Stablecoins are digital tokens pegged to the U.S. dollar or other currencies, while tokenized deposits are just traditional money represented as digital tokens.
The options market believes Affirm stock is headed for a post-earnings dip. Here’s what might be the reason why traders are bearish heading into AFRM’s earnings event.
The deal contains broad new safeguards for underage users but only pays out in full if TikTok and YouTube make similar concessions.
CEO outlines path to $200M revenue with tokenization pipeline and edge-computing expansion.
HomeGoods and international divisions drive comp sales growth amid Marmaxx headwinds.
Pro and online growth offset DIY weakness amid housing market headwinds.
Organic sales returned to growth with margin expansion and strong earnings.
Digital comparable sales jumped 8.7%, led by same-day delivery growth.
What a lot of market watchers are wondering today is: What’s next for the AI boom? Nvidia’s results don’t move the market like they used to, And over the last four quarters, Nvidia’s share price has averaged a 2.8% loss the day after earnings. Stay tuned for deep coverage of Nvidia’s earnings report when it releases this afternoon.
The Information reported that between late 2024 and early 2025, Arora held a series of meetings with Okta CEO Todd McKinnon. The talks progressed to the point where the companies discussed product complementarity, but ultimately stalled over price disagreements, according to people with knowledge of the discussions cited by The Information. Okta, valued at roughly $13.5 billion at the start of last year, has since climbed around 30%, giving it a market cap near $23 billion.
Elon Musk’s xAI warned a federal court that shutting down temporary gas turbines at its Stanton Road plant in Southaven, Mississippi, could cripple Grok and disrupt AI services used by hundreds of millions worldwide. xAI Warns Shutdown Could Cripple Grok...
Cramer reached a conclusion about Meta that Bank of America is backing with a specific number.
INTU resets fiscal 2027 expectations, invests in customer acquisition as it widens QuickBooks access, reworks TurboTax pricing and scales key offerings.
Yahoo Finance Executive Editor Brian Sozzi talks with Yahoo Finance Markets and Data Editor Jared Blikre, Sevens Report Research Founder Tom Essaye, and Edward Jones Senior Global Investment Strategist Angelo Kourkafas about Nvidia's (NVDA) performance ahead of its earnings report and the surging cost concerns surrounding AI infrastructure.
Bank of America stock works as a covered strangle, a strategy for investors who already own shares and want to add more.
Wall Street is gearing up for quarterly results from the AI chipmaking giant.
Meta agreed to settle a social media addiction case with a group of state attorneys general on Wednesday, ending the trial in its second week and sending Meta's stock higher.
Meta stock rallied on news that the technology giant has settled a federal social media addiction lawsuit.
The U.S. Food and Drug Administration (FDA) on Tuesday approved Abbott Laboratories’ (NYSE:ABT) 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 U.S. to monitor ketone levels continuously. It also represents the first global system to track blood sugar and ketones simultaneously within a single unit. Clinical Data And De Novo Pathway The agency granted marketing authorization
Aug 26 (Reuters) - Wall Street's main indexes opened lower on Wednesday after hotter-than-expected inflation data reinforced bets on another quarter-point Federal Reserve rate hike this year, as
NVDA awaits earnings near its 50-day EMA as Intel tests key technical support and SMCI remains range-bound between $35 and $40 resistance.
Stocks were wobbling after another hot inflation report, but the real event for markets on Wednesday is yet to come. The Nasdaq Composite was down 0.2%. Nvidia is set to report results after the close.
Enterprise software company Workday (NASDAQ:WDAY) will be announcing earnings results this Thursday after the bell. Here’s what you need to know.
Abercrombie & Fitch (NYSE:ANF) shares rose about 13% on Wednesday after the apparel retailer reported second quarter fiscal 2026 results that exceeded Wall Street expectations and raised its full-year outlook. The company reported adjusted earnings per diluted share of $4.17, compared...
Aug 26 (Reuters) - Meta Platforms agreed to pay a maximum $16.68 billion as part of a settlement to resolve claims brought by states across the country that the company designed Facebook and Instagram
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