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Cheaper AI is better: Soaring bills are reshaping how businesses choose modelsTop executives such as Microsoft's Satya Nadella, Palo Alto Networks' Nikesh Arora and Coinbase Global's Brian Armstrong have said smaller,...
US Stocks | Buyback plans aren't enough to soothe investors after software-sector routU.S. software firms are boosting stock buybacks amid a significant market downturn, but experts doubt this will halt the selling. Investors...
Google goes from laggard to leader as it pulls ahead of OpenAI with stellar AI growthAlphabet executives struck a more confident tone on the company's post-earnings call on Wednesday, the first since it released the Gemini ...
Google pulls ahead of OpenAI with stellar AI growth, shares fall 3%Alphabet is taking on OpenAI with a gusto that underscores Wall Street's perception that the Google parent is the leader in AI, a turn of ...
Huntington Bank to acquire Cadence Bank for $7.4 billion; stock fallsHuntington Bank plans to buy Cadence Bank in a big $7.4 billion stock deal. The move will help Huntington grow across southern states and r...
IBM's slowing cloud growth eclipses upbeat third-quarter resultsSlower growth in IBM's cloud segment, housed within its software unit, raised alarm bells across investors betting heavily on Big Blue's ab...
PNC strengthens Colorado, Arizona presence with $4.1 billion FirstBank dealPNC Financial will acquire FirstBank Holding in a $4.1 billion deal. This move will expand PNC's presence in Colorado and Arizona. The acqu...
Microsoft forecasts strong growth for Azure cloud business, shares surge 7%Microsoft reported a 33% rise in Azure cloud revenue for Q3 2025, surpassing estimates and driven partly by AI, which contributed 16 percen...
Dow closes at another record high as chip stocks, retail data supportThe Dow Jones Industrial Average achieved its fourth record close in five sessions, driven by strong retail sales and a bullish forecast fr...
Why is Alphabet’s $118 billion cash pile posing a new problem for the tech giant?Generally, investors aren’t fond of companies sitting on large amounts of cash and expect the money to be invested for better returns or gi...
PacWest, Western Alliance shares tumble as US regional bank fears persistJPMorgan Chase agreed on Monday to acquire a majority of First Republic's assets in a $10.6 billion deal after regulators seized the lender...
Apple's holiday quarter may face pressure from inflation, weak China demandAnalysts expect iPhone sales to rise 11% in the fiscal fourth quarter ended September, according to Refinitiv, thanks to consumers upgradin...
Dow Jones posts closing record high for 2nd day, boosted by banksThe S&P 500 bank index rose 3.5% in its biggest daily percentage gain in about a year.
Investors turn to growth stocks' results after strong earnings startEstimated year-over-year first-quarter earnings growth for S&P 500 companies rose to 31% from 25% in the past week, based on Refinitiv data...
Wall Street Week Ahead: Investors weigh how far tech stocks can slide after volatile weekSome market participants worry the current decline could be longer-lasting than previous dips, as expectations of a powerful US economic re...
Wall Street strategists see market back-pedaling by year-endThe S&P 500 will end 2020 at 3,300 points, down over 4 per cent from current levels, according to the median forecast of about 55 market st...
Big tech is coming for banking: Experts predict fintech’s 2020Memorably, in 2019 Mark Zuckerberg defended Facebook Inc.’s plan to overhaul the world banking system in front of Congress. Our experts thi...
Luxury-Jet market is so hot that even used planes are sellingOnly a dozen or so pre-owned Falcon 7X planes are on the market now, down from about 35 a year and a half ago
Tariffs threaten market-leading tech, consumer stocksUS President Donald Trump has said he is prepared to move forward with levies on an additional $267 billion.
- iPhone 4 lull and iPhone 5 hype restrict Apple net growth to 21%
Apple Inc fell after reporting iPhone sales that missed analysts' projections, underscoring the computer maker's reliance on demand for the...