Cisco’s stock jumps on earnings beat, strong guidance and $1.3 billion in AI orders
Chuck Robbins, Cisco CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22,…
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Firefly Aerospace shares jump 15% on strong revenues, boosted guidance
Jason Kim, chief executive officer of Firefly Aerospace, center, during the company’s initial public offering at the Nasdaq MarketSite in…
Nvidia supplier Foxconn third-quarter profit beats expectations, rising 17% on AI demand
Foxconn Chairman Young Liu delivers a speech during the Hon Hai Tech Day in Taipei on Oct. 18, 2023.I-hwa Cheng…
Rocket Lab posts record third-quarter revenue, launch backlog
Cheng Xin | Getty ImagesRocket Lab posted record revenues in the third-quarter as it scoops up more launch deals and…
Rocket Lab rises 3% on record third-quarter revenue, launch backlog
Cheng Xin | Getty ImagesRocket Lab‘s stock rose as much as 3% on Tuesday after the space company posted record…
Rocket Lab rises 5% on record third-quarter revenue, launch backlog
Cheng Xin | Getty ImagesRocket Lab‘s stock rose as much as 5% on Tuesday after the space company posted record…
AI spending is not all equal. Wall Street rewards hyperscalers, punishes DoorDash and Duolingo
Duolingo, Doordash and Roblox appsTiffany Heard-Grear | Bloomberg | Getty ImagesAcross the tech sector this earnings season, companies told Wall…
SoftBank rides the AI wave as OpenAI lifts Vision Fund to $19 billion gain
The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi…
Sony raises profit forecast after earnings beat, lifted by music and imaging divisions
The Sony Group Corp. logo displayed on a screen at the Combined Exhibition of Advanced Technologies (Ceatec) in Chiba, Japan,…
CoreWeave’s stock slides on weak guidance even as revenue more than doubles
Michael Intrator, co-founder and CEO of CoreWeave, speaks at the Semafor World Economy Summit during the International Monetary Fund and…
Paramount Skydance expects another $1B in merger savings as David Ellison resets spending
Paramount Global and Skydance logos are seen in this illustration taken December 17, 2024. Dado Ruvic | ReutersParamount Skydance said…
Instacart tops third-quarter expectations under new CEO Rogers, gives strong guidance
The Instacart logo is seen on a smartphone and on a PC screen.Pavlo Gonchar | SOPA Images | Lightrocket |…
Archer tanks 8% after air taxi maker sells additional 85 million shares, buys LA-area airport
Courtesy: Archer AviationArcher Aviation‘s stock plummeted 8% after a share sale overshadowed a narrower-than-expected third-quarter loss.The company posted a net…
Block sinks 7% after weak third quarter results miss Wall Street estimates
Block shares fell nearly 8% Friday after weak third-quarter earnings fell short of Wall Street expectations and showed slowing profit…
Here’s our price target and rating on Qnity, our newest stock to ride the AI chip boom
Call us believers in the Qnity Electronics story. We’re instituting a buy-equivalent 1 rating and price target of $110 a…
What caused the stock market’s lackluster week — plus, an earnings season update
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time…
Affirm CEO says furloughed federal employees are starting to lose interest in shopping
Affirm CEO Max Levchin said Friday that while the buy now, pay later firm isn’t seeing credit stress among federally…
Block sinks 10% after weak third quarter results miss Wall Street estimates
Block shares fell 10% Friday after weak third-quarter earnings fell short of Wall Street expectations and showed slowing profit growth…
Take-Two stock sinks 7% on delay of Grand Theft Auto VI to November 2026
Shares of Take-Two Interactive Software sank 7% during after-hours trading on Thursday after Rockstar Games announced a further delay in…
Michael Burry Shorting AI Stocks? The Truth Behind His Nvidia and Palantir Bet
Conclusion Michael Burry’s reputation as a contrarian investor means his trades always attract attention. But his latest 13F filing may…
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