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Alphabet is funding a larger AI buildout, leaving shareholders to weigh whether Gemini usage and Google Cloud demand can translate into stronger cash-flow returns.
Margin pressure, leadership turnover, and record profits collide as investors reassess this fast-growing digital bank, today, June 3, 2026.
US equity indexes fell as higher crude oil helped push government bond yields higher after the stall
A report by The Real Deal says the state’s attorney general was contacting top NYC brokerage firms asking for information about Compass.
Broadcom (AVGO) topped fiscal second quarter estimates for adjusted earnings ($2.44 per share vs. estimates of $2.39) and revenue ($22.19 billion vs. estimates of $22.13 billion). But that may not have been enough to impress Wall Street investors as the chip stock falls in Wednesday's extended hours trading. Market Domination Overtime's Josh Lipton takes a closer look at the fresh earnings print.
Cybersecurity platform provider CrowdStrike (NASDAQ:CRWD) reported revenue ahead of Wall Street’s expectations in Q1 CY2026, with sales up 25.6% year on year to $1.39 billion. The company expects next quarter’s revenue to be around $1.44 billion, close to analysts’ estimates. Its non-GAAP profit of $1.10 per share was 3% above analysts’ consensus estimates.
Broadcom forecast third-quarter revenue above Wall Street expectations on Wednesday, betting on robust demand for its custom AI chips and networking gear. However, shares of the Palo Alto, California-based company fell more than 2% in extended trading. They had gained nearly 8% last week in the run up to earnings.
The Toronto Stock Exchange fell from a record close Wednesday on profit taking, but also as Canadian
Rigetti Drops on Heavy Insider Selling From Chief Technology Officer
Investing.com -- Bernstein turned more cautious on the U.S. packaged food sector, downgrading several industry heavyweights as it warned that structural headwinds ranging from rising GLP-1 drug adoption to regulatory scrutiny and shifting consumer preferences are likely to pressure growth and profitability for years to come.
The S&P 500 and Nasdaq Composite fell for the first time in 10 sessions on Wednesday. The S&P 500 fell 0.7%, while the Nasdaq dropped 0.9%. The Dow fell 617 points, or 1.2%. The big three indexes also snapped a streak of five sessions in which they all finished the day with closing highs.
US equity indexes fell while crude oil futures rose as fresh fighting in the Middle East derailed pr
A mom is suing Campbell and Walmart, alleging SpaghettiOs contained worms or parasites that caused illness in her and her child, court filings state.
Victoria's Secret's (VSXY) risk-reward profile now looks more balanced, while the lingerie retailer'
Citron founder Andrew Left faces Aug. 31 sentencing after a securities fraud conviction tied to social media stock posts.
Warren Buffett's Berkshire Backs Alphabet's Ambitious AI Expansion
XRP (CRYPTO: XRP) has been range-bound between $1.16 and $1.55 for most of the year. The coin closed May at $1.30, and it now trades at $1.24, down roughly 30% year-to-date. The pressure comes from the CLARITY Act, which passed the Senate Banking Committee on May 14 and was placed on the Senate Legislative Calendar ... XRP Slides 10% in a Week: Will XRP Drop Again Before the Senate CLARITY Act Vote?
UBS says the best consumer stocks share a handful of traits, including strong growth, solid returns, and an ability to exceed expectations. Viking Holdings, TJX, and Amazon are among its favorites.
DevSecOps platform provider GitLab (NASDAQ:GTLB) reported Q1 CY2026 results topping the market’s revenue expectations, with sales up 23.1% year on year to $264.2 million. The company expects next quarter’s revenue to be around $273 million, close to analysts’ estimates. Its non-GAAP profit of $0.23 per share was 12.3% above analysts’ consensus estimates.
Cathie Wood’s recent moves signal increased conviction in Nvidia as the dominant AI infrastructure leader.
Ondas filed a supplement to register 2.1 million shares previously issued to certain investors for potential resale.
Shares of Super Micro Computer (NASDAQ:SMCI) and Gorilla Technology Group (NASDAQ:GRRR) are both selling off hard in midday trading on Wednesday, June 3. SMCI stock is down 9% to $45.80, while GRRR stock has tumbled 20% to $17.45. The catalyst is, ironically, a positive one. Super Micro Computer and Gorilla Technology announced a roughly $2 ... Super Micro Computer Sinks 9%, Gorilla Technology Tumbles 20% Despite $2 Billion India AI Infrastructure Deal
The digital assets market, which had already been struggling for months now, is now witnessing a bloodbath after Michael Saylor's Bitcoin (BTC) treasury firm Strategy (Nasdaq: MSTR) announced the sale of 32 BTC. The total cryptocurrency market cap has declined from $2.57 trillion on the ...
A class action lawsuit has been filed alleging that Walmart’s hiring practices in Massachusetts unlawfully require applicants to disclose criminal records and complete honesty tests. The complaint claims these practices conflict with state employment and privacy laws, creating legal and compliance questions for Walmart. The case focuses on how Walmart screens job candidates and the potential impact on affected applicants in Massachusetts. For investors watching NasdaqGS:WMT, the lawsuit...
Kenneth Law frequented an online forum where people gather to talk about wanting to end their lives — then sold them a solution.
The company stated in an SEC filing that it intends to use the net proceeds from the stock offering to purchase common units from its operating company, for a total of $500 million.
The bears have been quiet in the last two years, even though the market is much more frothy by their standards. And at this point, who would want the permabear tag while the rest of the market keeps on climbing ad infinitum? Andrew Ross Sorkin seems to be the person. His arguments are worth lending ... CNBC Anchor Issues Dire Stock Market Warning: “I Can Assure You… We Will Have a Crash”
Such concerns led Oppenheimer analyst Timothy Horan to downgrade shares of AT&T to Perform from Outperform on Wednesday and removed his previous price target of $32. Rising competition from providers of satellite broadband, like Amazon Leo and SpaceX’s Starlink, could take market share from AT&T’s internet business. SpaceX is expected to go public next week, and Horan says the IPO will highlight the risks satellite poses to AT&T.
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