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WALL STREET EXPECTATIONS
Zoom forecasts quarterly profit below estimatesZoom has been rolling out AI tools, including an AI Companion assistant, a meeting receptionist assistant and its suite of enterprise-focus...
Global Market: China, Hong Kong stocks rise as AI rebound boosts investor sentimentOn Wednesday, stocks in China and Hong Kong surged, reflecting a favourable global market environment. Technology and artificial intelligen...
Five things to know about Anthropic ahead of Wall Street debutAnthropic, the OpenAI rival that bet everything on computer coding, is expected to go public within weeks in a listing that could eclipse S...
Global Market: Japan stocks rise ahead of Nvidia earnings, US inflation dataJapanese shares edged higher on Wednesday as investors awaited Nvidia’s quarterly earnings and key US inflation data for clues on the outlo...
D-Street set for a positive start as GIFT Nifty trades firmly higherThe Nifty index recovered 0.5 percent, closing at 24,334 after touching a low. Positive global cues and FII buying supported this recovery ...
US stocks today: US stocks close higher on tech rebound as Nvidia earnings gain focusUS stocks closed higher as technology and semiconductor shares recovered ahead of Nvidia's earnings. Lower oil prices and Treasury yields o...
Dick's Sporting Goods shares slump 22% as Foot Locker weakness sparks outlook cutDick’s Sporting Goods shares plunged 22% after second-quarter earnings missed estimates and the retailer cut its full-year outlook. Weak Fo...
D-Street braces for weak opening on negative GIFT Nifty cuesDomestic equities closed mixed on Monday as the Nifty saw a slight decline. Global cues and geopolitical tensions are expected to keep Indi...
Paramount-Warner Bros merger: California may seek cable channel divestitures, film studio safeguardsCalifornia Attorney General Rob Bonta is expected to seek concessions from Paramount, including divestitures of some cable channels and saf...
Indian food safety officer Tukaram Mundhe shakes up Mumbai, one viral raid at a timeTukaram Mundhe is leading an unprecedented food safety crackdown across Mumbai. His teams have conducted over 3,000 raids, inspecting numer...
America in focus: Fed officials eye higher rates; unemployment claims fallFederal Reserve officials consider higher interest rates if inflation persists. Mortgage rates have eased slightly but remain higher than l...
Nvidia invests in data center developer Cloverleaf InfrastructureThe investment will help Cloverleaf develop sites for the data centers, while Nvidia will support infrastructure buildouts for AI computi...
US stocks: US market rebounds, but yield surge sets stage for weekly lossesMajor Wall Street indexes opened higher on Friday after significant declines. The Dow Jones Industrial Average saw a slight increase at the...
US stocks: US market sinks as bond yields rise, Walmart results disappointThe S&P 500 consumer discretionary sector was one of the biggest drags on the benchmark index, with megacaps including Amazon and Tesla amo...
US stocks: US market regains ground as bond yields ease; healthcare stocks rallyMajor stock indexes recovered on Wednesday after a prior day's decline. Moderna shares surged significantly following positive cancer thera...
SanDisk shares soar 3,400% in one year. Can the rally sustain its momentum?US stock futures edged higher after a tech-led selloff, as investors monitored Iran tensions and key retail earnings for clues on consumer ...
US stocks: Tech selloff weighs down Wall Street as bond yields climbWall Street faced a downturn as escalating tensions in the Middle East triggered a surge in bond yields. A steep decline was particularly e...
Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast: ReportWall Street is currently assessing Anthropic's valuation in light of its anticipated revenue growth for the upcoming IPO. The AI company fo...
US stocks: S&P 500 ends higher as CoreWeave results fuel AI optimismUS stock markets closed higher on Wednesday, driven by strong AI infrastructure company earnings. Mild inflation data reinforced expectatio...
Goldman Sachs ups ETF push, set to acquire Neos Investments for up to $2.25 billionGoldman Sachs is set to acquire Neos Investments for nearly $2.25 billion. Neos manages approximately $30 billion across nineteen exchange-...