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The cybersecurity company said it is expecting revenue to rise between 23% and 24% to a range of $14.1 billion to $14.2 billion in fiscal 2027.
Management guided 2026 volumes to 53 to 54 MTPA, with a third of the increase from Stage 3
Options imply an 11% post-earnings move
Union Pacific (NYSE:UNP) executives said the company is moving into the merits phase of federal review for its proposed merger with Norfolk Southern, expressing confidence that the transaction will satisfy Surface Transportation Board requirements and create customer, safety and financial benefits.
Yahoo Finance Fed Correspondent Jennifer Schonberger joins Market Domination host Josh Lipton to report on Meta (META) CEO Mark Zuckerberg and SpaceX (SPCF) CEO Elon Musk speaking on the projected benefits of AI, including job growth and boosting the global economy by 20 to 30%, at the G20 Innovation Ministerial in Chapel Hill, N.C.
Tim Cook isn’t just passing the torch, he’s handing over one of the corporate world’s biggest successes.
Imagine IF returns to Nashville on October 5-6 with Cathie Wood, NVIDIA’s Sean James and Senator Hagerty on the speaker bill.
Carnival Cruise Line is taking a page out of the airline industry’s playbook and adopting a new loyalty program that rewards travelers based on spending rather than how many trips they take. Starting today, passengers with the world’s largest cruise line will receive points and stars through Carnival Rewards for cruise-related purchases including gratuities, gambling in ship casinos and using the company-branded credit card.
NIO Inc (NIO) reports a 69.1% revenue surge and improved profitability, but faces rising material costs and a moderated Q3 delivery outlook.
CARACAS, Sept 1 (Reuters) - Venezuela's ruling party-dominated National Assembly backed the country's oil deal with the Trump administration in a vote on Tuesday, ahead of a visit to Caracas by the
Marvell just learned why a huge AI deal may not be enough.
Investing.com -- S&P Global Inc. is exploring a potential spinoff of its Capital IQ Pro data and research platform, a move that could create a standalone company valued in the high single-digit billions of dollars, Bloomberg reported on Tuesday.
Morgan Stanley upgrades Robinhood to Overweight with a fresh price target, a day after Bernstein reiterated its own at $160.
The Paramount CEO’s pledge would defy economic pressures but has helped win support for the company’s proposed acquisition of Warner Bros.
Cash only feels safe when you forget about the destructive impact of inflation.
Investing.com -- Rosenblatt initiated coverage of the online travel and mobility sector, favoring the largest, most diversified platforms while staying on the sidelines on several names facing structural or competitive pressures.
Today's heavy volume in out-of-the-money (OTM) options in Hewlett Packard Enterprise Co. (HPE) shows investors are bullish ahead of its Q3 earnings release tomorrow. Moreover, analysts have higher price targets.
Bond yields also climbed to multiyear highs Tuesday, adding pressure on stocks as investors weigh the odds of a Fed rate hike
The ballooning federal debt, massive AI borrowing by Big Tech, and inflation are the reasons that economists and financial experts point to.
Oil giant Chevron is expected to soon announce it will expand operations in Venezuela, a U.S. official said Tuesday. The official, who briefed reporters on the expected announcement, said that the company’s officials and Energy Secretary Chris Wright are expected to visit Venezuela on Wednesday where the new investment will be formally unveiled. The official spoke under condition of anonymity under ground rules set by the White House for the call.
Bill Gates, the billionaire co-founder of Microsoft Corp., published a 6,000-word essay on Aug. 26 saying that he would slow the development of artificial intelligence if he could. He elaborated in an interview with the New York Times, saying "in private, people who understand how good this stuff is, and how much better it's getting, they're very worried" but few are raising the issues in public. The public is already convinced the tech industry can't be trusted with its own creations. Some legal news last week explains why. A bipartisan coalition of 51 attorneys general announced a proposed settlement with Meta Platforms Inc. that obligates the social media company that runs Facebook and Instagram to put tight restrictions on how children use its platforms. Gautam Mukunda, Lecturer at the Yale School of Management and Bloomberg Opinion contributor, joins Bloomberg Intelligence to discuss.
Abercrombie & Fitch shares have surged after record quarterly results and an Argus upgrade to Buy, though Citi downgraded the stock, citing a one-off tariff refund and stretched valuation.
GGG's $447 million Valco Melton buyout expands adhesive dispensing and quality assurance capabilities while broadening its fluid handling portfolio.
Palo Alto Networks is scheduled to report its fourth-quarter earnings following a volatile year for its stock price.
Find insight on ASML Holding, Tencent, MediaTek and more in the latest Market Talks covering technology, media and telecom.
The ballooning federal debt, massive AI borrowing by Big Tech, and inflation are the reasons that economists and financial experts point to.
Big Tech has quietly spent a sum that rivals the GDP of a mid-sized country building AI infrastructure, but the real financial reckoning has not yet arrived on any income statement. One accounting schedule will determine whether these bets pay off or crush margins for years.
STOCKHOLM, Sept 1 (Reuters) - Tesla's supervised self-driving technology recorded 4.1 times fewer collisions than manually driven Tesla cars in the five European countries where it is permitted, the
On this episode of Stock Movers: - Gap (GAP) shares jumped after naming a retail industry veteran to head Old Navy and profit outpaced estimates, offsetting a sales decline at the value chain and lower sales guidance. - Apple's (AAPL) Tim Cook handed over the reins to John Ternus on Tuesday, capping a tenure as chief executive officer that cemented the company as an iconic global brand and turned its stock into one of the most reliable bets. - Shein Global Holdings' shares long-awaited market debut has come at an awkward time: the fast-fashion retailer's peak growth years are behind it just as tariffs, regulatory pressure and intensifying competition are making its next phase harder.
Morgan Stanley sees massive AI growth ahead for the chip giant
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