Alphabet reported second-quarter revenue of $119.8 billion, up 24% year-over-year and above the $117.1 billion FactSet consensus, driven by Google Cloud revenue surging 82% to $24.8 billion on demand …
BlackRock International CIO of Fundamental Equities Helen Jewell argues that effective equity diversification remains possible despite the AI trade becoming the most crowded in history, pointing to he…
Alphabet shares rose 2.8% to above $356 on Monday after a report that the Google parent is developing a new AI chip called 'Frozen v2' that could be up to 10 times more energy-efficient than its prede…
IBM shares plunged after the company warned that Q2 fiscal 2026 revenue and earnings would miss expectations, blaming a sudden customer shift toward AI hardware instead of software services. CEO Arvin…
IBM shares plunged more than 23% after the company warned that its Q2 2026 revenue will fall short of expectations due to customers redirecting spending toward AI data center hardware. CEO Arvind Kris…
Apple stock hit an all-time high of $316.22 as investors use it as a defensive hedge against massive AI investments elsewhere in Big Tech. The company's relative inaction on AI and lower capital expen…
AI mentions on global earnings calls surged 310% in the first half of 2026, reaching 780 mentions compared to 190 in the second half of 2025, according to a report. A record 337 S&P 500 executives dis…
FactSet partnered with Google Cloud on June 30 to embed Gemini AI models into its FactSet Workstation, serving over 241,000 financial professionals. The deal includes agentic AI workflows for portfoli…
FactSet is expanding its partnership with Google Cloud to develop advanced AI tools for financial intelligence, combining FactSet's financial datasets with Google Cloud's AI infrastructure. The collab…
TickerStar, a new AI-powered platform, scans SEC filings, official news releases, and earnings calls to deliver concise email alerts to investors within minutes. Built by a former sell-side equity res…
Microsoft launched new Copilot finance tools in Excel for Microsoft 365 users, including specialized skills for automating financial workflows, expanded data connectors from providers like FactSet and…
Microsoft is introducing skills to Copilot for Excel, enabling teams to scale expertise across workbooks through structured markdown workflows and deterministic financial connectors. This shift from i…
Cerebras Systems reported $193.4 million in first-quarter revenue, beating analyst expectations of $181.2 million, but shares fell over 9% in after-hours trading as investors focused on projected nega…
The Bank of England is expected to hold interest rates at 3.75% on June 18, as inflation remains above the 2% target at 2.8%. The decision reflects a cautious stance amid geopolitical tensions and ene…
The S&P 500's profit margin reached a record high in the first quarter, with companies keeping nearly 15 cents of profit for every dollar of revenue. The surge is driven by unusually profitable tech g…
Two new benchmarks—BigFinanceBench and Hedge-Bench—provide the first rigorous, rubric-graded measurement of AI agent performance on financial tasks, with best-in-class models scoring 58.8% on the form…
Broadcom reported second-quarter earnings of $2.44 per share on revenue of $22.19 billion, exceeding analyst expectations of $2.40 per share and $22.13 billion, respectively. The company also issued t…
Dell Technologies reported quarterly revenue up nearly 88% year over year, driven by AI server revenue that surged 757% to $16.1 billion, according to CNBC. Adjusted earnings per share of $4.86 beat c…