Goldman Sachs chief credit strategist Amanda Lynam said in a note titled "Redefining Quality in Credit" that credit ratings are an "imperfect proxy" for investor positioning, as higher-rated corporate…
SpaceX received more than a dozen positive analyst ratings on Tuesday, with 16 of 17 analysts issuing 'buy' or 'outperform' ratings, as the company joined the Nasdaq 100 index. The Elon Musk-led space…
BlackBerry reported Q1 revenue of $152.9 million, up 26% year-over-year, and EPS of 4 cents, beating estimates. The company's QNX operating system is now in 275 million cars and expanding into robotic…
Meta shares surged after Bloomberg reported the social media giant plans to launch a cloud business selling excess AI compute, joining hyperscaler peers. The move could improve Meta's cash flow outloo…
BlackBerry reported Q1 revenue of $152.9 million, up 26% year-over-year, and EPS of 4 cents, beating estimates. The company's QNX operating system is now in 275 million cars and expanding into robotic…
BlackBerry shares surged after the company reported Q1 revenue of $152.9 million, up 26% year-over-year, and its fourth net profit in five quarters. The former smartphone maker has transformed into a …
BlackBerry shares surged after the company reported Q1 revenue of $152.9 million, up 26% year-over-year, and a net profit for the fourth time in five quarters. The former smartphone maker now focuses …
BlackBerry reported Q1 revenue of $152.9 million, up 26% year-over-year, and an EPS beat of 44%, marking its fourth net profit in five quarters. The company's QNX operating system now runs in 275 mill…
Micron Technology is set to report fiscal Q3 earnings after the close, with analysts expecting sales of $35.6 billion and adjusted EPS of $20.49, exceeding management's guidance. The memory chip maker…
A sharp selloff in South Korean stocks, driven by leveraged bets on AI-related semiconductor stocks, cascaded into US tech markets on Tuesday, highlighting that leverage in AI trading poses a greater …
Google invests approximately $75 million in independent film studio A24, marking its first direct stake in a film studio. Under the agreement, A24 will collaborate with Google DeepMind to develop and …
Reddit announced new advertising products including Shopping List Ads and an AI-powered ad generator at the Cannes Lions festival, aiming to capitalize on its 75% ad revenue growth to over $2 billion …
Getty Images shares surged 124% after announcing a multi-year partnership with OpenAI to license its image library for AI training and integrate OpenAI's generative AI tools into its products. The dea…
Accenture shares fell after the company reported Q3 new bookings of $19.32 billion, below the $20.66 billion estimate, and issued Q4 revenue guidance of $17.75-$18.4 billion, missing the $18.5 billion…
Stocks fell after the Federal Reserve's first policy meeting under new Chair Kevin Warsh, as a hawkish dot plot signaled a potential rate hike this year. The S&P 500, Nasdaq 100, and all Magnificent 7…
Companies are manipulating AI chatbots to smear competitors by publishing biased reviews and listicles that get cited by AI answer engines. A report by Hard Numbers found that 70% of buyer-style promp…
Figma shares rose in premarket trading after Citigroup initiated coverage with a Buy rating and a $36 price target, citing AI-driven demand and monetization potential. Analyst Tyler Radke highlighted …
Chip stocks slumped, dragging down the S&P 500 and Nasdaq 100, as AI-linked names lost steam. Oil prices fell on optimism over a potential peace deal reopening the Strait of Hormuz. Moderna rose on or…
Half of all Bitcoin in circulation is trading at a loss for the first time since late 2022, according to K33 Research and Glassnode. Analysts note that this level has historically aligned with cycle b…
Qualcomm is in talks to acquire AI chip-design company Tenstorrent for $8 billion to $10 billion, according to The Information. The deal would signal Qualcomm's push into the AI data center market as …