Healthcare distributor and services company Cardinal Health (NYSE:CAH)
will be announcing earnings results this Tuesday before market open. Here’s what to look for.
Nvidia and AMD have agreed to pay 15% of their revenues from chip sales in China to the U.S. government in exchange for export licenses, raising security and trade concerns.
If the new export curbs had not been implemented by the Trump administration, Bernstein estimates that Nvidia would have generated $23 billion in revenue from H20 chips in 2025.
Content production and distribution company Sphere Entertainment (NYSE:SPHR)
will be reporting earnings this Monday before the bell. Here’s what to look for.
We recently talked about Tesla’s $16.5 billion investment to reshape its chip supply chain. Now it seems like Amazon could be testing similar waters. But not with a new chip factory. It recently bought $84 million worth of AMD stock.
Stocks were higher for the week as investors overlooked tariff uncertainty, but the bulls may get tested by next week's data on inflation and retail sales
While the financial headlines often gravitate towards the colossal movements of major tech behemoths and the dramatic swings following quarterly earnings reports, today's market showcased a compelling narrative of individual stocks making significant strides. Beyond the usual suspects, companies like Taiwan Semiconductor Manufacturing Company (NYSE: TSM) have emerged as standout
Wall Street has experienced a broadly positive day, marked by a resilient rally that has added over $1 trillion in market value. This surge in investor confidence is primarily driven by a confluence of strong corporate earnings, sustained momentum in the technology sector, and a perceived easing of anxieties related
The financial markets are currently experiencing a significant rally, largely propelled by a concentrated group of mega-cap technology stocks. These industry giants, often referred to as the "Magnificent Seven," are disproportionately contributing to the upward movement of major indices like the S&P 500 and Nasdaq Composite. This tech-led surge,
Shares of voice AI recognition company SoundHound (NASDAQ:SOUN) jumped 26.7% in the afternoon session after the company reported second-quarter results that featured a massive revenue beat, though profitability fell short of expectations. The voice artificial intelligence firm announced revenue of $42.7 million, a 217% increase year-over-year, which easily surpassed Wall Street's estimates of $32.5 million. However, the strong top-line growth came at a cost. The company's GAAP loss of $0.19 per share was significantly wider than the anticipated loss of $0.09. This trend was also reflected in its operating margin, which worsened to negative 183%. Investors appeared to focus on the impressive sales growth and strong billings, with the stock trading up over 23% following the release.
The global stock market is currently experiencing a significant surge, largely propelled by the exceptional performance of a select group of technology behemoths. At the forefront of this rally are Nvidia (NASDAQ: NVDA) and Microsoft (NASDAQ: MSFT), whose substantial market capitalizations and recent, impressive gains are not only boosting their
Looking for the most active stocks in the S&P500 index on Friday? Dive into today's session and discover the stocks that are dominating the trading activity and setting the pace for the market.
