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MATT BRITZMAN
US Stocks: Broadcom set to shed $300 billion in value as AI results fail to impress; shares fall 14%The losses, if sustained, will erase more than $315 billion from the company's market value of about $2.268 trillion, in one of the biggest...- Broadcom set to shed $300 billion in value as AI results fail to impressBroadcom shares dropped significantly after its AI chip business results missed high expectations. This decline affected other chip compani...
- U.S. Stock Market today: Oil prices stable after volatile trading, global stocks divergeInternational oil benchmark Brent edged back up to around $111 per barrel following Thursday's wild swings on worries about a resumption of...
- Meta shares fall on concerns over AI spending, legal scrutinyMeta Platforms is significantly increasing its investment in artificial intelligence infrastructure. This comes as the social media giant f...
- Apple's post-Cook future hinges on whether Ternus can ignite AI growthJohn Ternus takes the helm at Apple, facing a critical juncture. The company must now integrate its strong hardware background with artific...
- Global Markets | Banks, media stocks lift European shares, markets brace for Trump's Iran deadlineEuropean shares rose on Tuesday, led by media and banking stocks, though a looming deadline for Iran to reopen the Strait of Hormuz kept in...
- Oracle shares rally 12% as strong revenue forecast eases concerns over massive AI betsOracle shares surged after a strong revenue forecast eased AI infrastructure spending concerns. The company is rapidly expanding its data c...
- Oracle rallies as strong revenue forecast eases concerns over massive AI betsOracle shares surged about 10% before the bell on Wednesday after the software giant's upbeat revenue forecast calmed worries over faster r...
- US Stocks: Block shares soar 16% as Jack Dorsey leans on AI to trim workforceBlock shares soared more than 16% on Friday after the fintech firm announced it would nearly halve its workforce as part of an overhaul to ...
- Netflix has ample room to increase its offer in battle for Warner Bros, sources sayNetflix possesses substantial funds and is prepared to raise its bid for Warner Bros. Discovery if Paramount Skydance escalates its own off...
- Tesla teases Tuesday event as focus shifts to affordable EVsTesla's stock rose 4% following a teaser for an October 7 event, with investors anticipating a more affordable model to boost sales. Despit...
- Analysts react to Nvidia's $100 billion investment in OpenAINvidia will invest up to $100 billion in OpenAI, deploying 10 gigawatts of compute under a new strategic partnership. Analysts say the tie-...
- Salesforce shares drop as weak revenue view signals delayed AI returnsRising investor bets on AI-driven cloud companies are pressuring them to deliver hefty returns on their billion-dollar investments into the...
- Intel jumps on report of possible US government stake buyThe reported discussions follow a meeting this week between President Donald Trump and Intel CEO Lip-Bu Tan, days after Trump called for Ta...
- Palantir shares jump as soaring AI demand powers forecast upgradeCo-founded by Peter Thiel, Palantir expects expenses to rise significantly in the third quarter due to seasonal hiring amid rising competit...
- Apple shares rise after strong quarterly results amid tariff woes, competitionApple shares rose 2% in premarket trading on Friday. Driven by a sharp rebound in its flagship phone sales, Apple posted its fastest revenu...
- US election results: Is Donald Trump losing against Kamala Harris? Dollar hints soUS election results will be declared after polling ends on Tuesday night. However, Dollar's movement has sent a big message to Donald Trump...
- Barclays hints at big cost cuts as margin pressure intensifiesBarclays is considering significant cost-cutting measures later this year due to competition for savers' money impacting its margins. Altho...
- Unilever CEO flags falling consumption in rural IndiaRussia's war in Ukraine has exacerbated rising prices for almost everything, from wheat and cooking oil, to natural gas and crude oil, maki...
- How Broadcom CEO Hock Tan shaped a tech giant through acquisitionsFor Tan, now 70, the deal would be the culmination of a string of acquisitions that has helped him turn Broadcom into a technology conglome...
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