That was the combined capital spending by Microsoft and Meta Platforms last quarter, nearly double a year earlier. The bulk of it went on chips and data centers to power generative AI services. Read w ...
Goldman Sachs analyst Jerry Revich, maintaining a Buy rating and $442 price forecast, expressed views on Caterpillar, Inc.'s ...
Deckers Brands on Thursday raised its full-year outlook and reported third-quarter results that topped estimates, helped by demand for Ugg boots and Hoka running shoes, but shares sank in after-hours ...
Apple reported fiscal first-quarter earnings on Thursday that beat Wall Street estimates. The iPhone maker posted ...
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
The Atlanta homebuilder logged net income of $913.2 million, or $4.43 a share, compared to about $711 million, or $3.28 a share, a year earlier. Analysts polled by FactSet expected $3.26 a share.
Risks to the U.S. stock market are piling up as cracks emerge in the technology trade and the path for interest rates is ...
Tesla’s fourth-quarter adjusted profits rose slightly amid a big push to sell its electric vehicles with offers of zero financing and other incentives, but the results still fell short of Wall Street ...
Nvidia has been the greatest beneficiary of the AI boom, with its shares returning about 500% over the past two years and ...
Microsoft said Wednesday that its profit for the October-December quarter grew 10% as it works to capitalize on the huge ...
U.S. stocks were traded mixed on Wednesday morning with markets in a wait-and-see mode ahead of the first Federal Reserve interest-rate decision of 2025. Investors also were getting ready for ...
U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in ...