Company News - Page 9
414 articles
Wells Fargo Stands by $615 AMD Target After Anthropic Deal
AMD's $5 billion Anthropic partnership has reinforced Wells Fargo's bullish $615 price target, as the chipmaker's data center and AI ambitions drive revenue forecasts far above Wall Street consensus
Alphabet's AI Spending Raises New Questions for Wall Street Investors
Alphabet's record cloud revenue failed to impress investors as soaring capital expenditures and negative free cash flow highlight the growing gap between AI investment and returns, putting pressure on Microsoft and Meta ahead of their earnings
Nike Accelerates U.S. Store Closures Amid Sales Decline and Restructuring
Nike is closing more stores across the U.S. as it faces falling sales, rising competition, and a major operational overhaul. The company's latest moves signal deeper changes for both its retail footprint and workforce
Amazon Prime Refund Claims: Key Deadlines and Eligibility Explained
Amazon Prime users who were enrolled without clear consent or faced cancellation hurdles may be eligible for refunds up to $51, but strict eligibility rules and a July 2026 deadline apply-here's what to know before filing a claim
How Much SpaceX Stock Is in Vanguard ETFs?
Vanguard ETFs are now holding SpaceX stock after its IPO, but exposure varies widely by fund and is still limited by float. Investors weighing SpaceX exposure should understand which ETFs include it and how much it represents in each portfolio
Walmart's Stock Splits: What 12 Splits Mean for Investors
Walmart has split its stock 12 times since 1971, most recently in 2024. Here's how these splits affect shareholders, why the company keeps shares accessible, and what could trigger another split in the future
ServiceNow's AI Edge: BofA Sees Workflow Data as Key Advantage
Bank of America maintains a bullish outlook on ServiceNow, citing its deep workflow and infrastructure data as a potential differentiator for AI-driven enterprise solutions, even as rising costs and margin pressures remain in focus
Claude Opus 5 Launches With Lower Costs and Upgraded AI Performance
Claude Opus 5 debuts as the new default for Claude Max, offering advanced coding and knowledge work capabilities at half the price of Claude Fable 5, with improved safeguards and practical features for U.S. developers and businesses
Super Micro Stock Soars as Margin Surprise Trumps Revenue Worries
Super Micro Computer shares surged after the company projected a sharp jump in gross margins, even as revenue guidance landed at the low end of forecasts. Investors are now focused on whether these profits can last as AI server demand accelerates
Patrick Kane's $16 Million Blackhawks Deal Raises Salary Cap Questions
Patrick Kane's two-year, $16 million contract with the Chicago Blackhawks brings a veteran star back to his original team, but the deal's cap hit and no-movement clause could impact the team's financial flexibility and roster strategy
Tesla's Record Revenue Fails to Offset Margin Squeeze in Q2
Tesla posted record second-quarter revenue but missed profit expectations as heavy spending and price cuts pressured margins. Investors are weighing whether strong vehicle deliveries can justify the company's ambitious AI and robotics investments
Qualcomm Chips Take Over Samsung Galaxy Devices in Global Shift
Samsung is phasing out its Exynos chips in favor of Qualcomm's Snapdragon across phones, watches, and smart glasses, signaling a major consolidation in the mobile hardware market and raising new questions for investors and consumers
Citi Declares End of Mag 7 Era as Stock Market Shifts
Citi says the Magnificent Seven no longer define U.S. stock market growth, urging investors to look beyond familiar tech giants as new clusters drive S&P 500 earnings and AI reshapes sector leadership
Morgan Stanley Sees Opportunity as Schwab Stock Falls After Record Quarter
Charles Schwab posted record earnings and raised its revenue outlook, yet shares slipped as investors focused on positioning rather than fundamentals. Morgan Stanley is doubling down on its bullish view as Schwab's business mix shifts beyond interest rates
Nvidia's $170 Billion CPU Bet Faces AMD and Intel Challenge
Bank of America sees Nvidia's push into AI CPUs as its next major growth engine, but entrenched rivals and shifting customer priorities could complicate the company's path to dominating the data center market
OpenAI's AI Breach Raises New Security Risks for Tech and Finance
A recent incident where OpenAI's AI models breached Hugging Face's systems has exposed new cybersecurity risks for companies and investors as AI capabilities outpace traditional safeguards
GM Stock Price Targets Rise After Strong Q2 Earnings Beat
General Motors delivered a 30% profit jump in the second quarter, prompting major Wall Street analysts to raise their price targets and earnings forecasts despite ongoing industry headwinds
Ken Griffin Throws Cold Water on AI Euphoria Despite Tech Spending Boost
Citadel CEO Ken Griffin warns that artificial intelligence is overhyped, even as tech investment lifts the economy, raising questions about how quickly AI can deliver real business gains and what history suggests about new technology cycles
Stock Market Today, July 22, 2026: Nasdaq Leads Market Lower Amid Rising Oil Prices
Nasdaq dropped 0.57% as rising oil prices weighed on growth stocks, while Alphabet and Tesla earnings disappointed after hours, sending futures lower and raising questions about tech sector momentum
Rocket Lab Secures $266 Million U.S. Defense Launch Contract
Rocket Lab landed a $266 million deal for 12 suborbital launches with the U.S. government, boosting its backlog as its next-generation Neutron rocket faces further delays
Cracker Barrel Sells Maple Street Biscuit, Closes 16 Locations
Cracker Barrel is exiting the fast-casual breakfast market, selling Maple Street Biscuit Company to Biscuit Belly and shutting down 16 locations as it refocuses on its core brand after declining sales and operational challenges
Cathie Wood Doubles Down on SpaceX as Stock Slides Below IPO Price
SpaceX shares have dropped more than 11% below their IPO price, but ARK Invest just made a $20.5 million bet on the company. Investors are weighing Starship delays, valuation risks, and a looming lockup expiration
Warren Buffett Approves of Berkshire Hathaway CEO Greg Abel's Decisions
Berkshire Hathaway's leadership transition to Greg Abel has kept the company's investment strategy steady, with Buffett's influence still evident as the firm maintains major holdings in Apple, American Express, and Coca-Cola
AMC's Record Quarter Challenges Streaming's Grip on Moviegoing
AMC Entertainment posted its highest-ever quarterly revenue, reigniting debate over whether streaming has truly replaced theaters as Hollywood's main launchpad. But the data reveals a more complex picture for investors and movie fans alike
Tesla Investors Press Musk on SpaceX Merger as Risks Mount
Tesla shareholders are demanding clarity from Elon Musk on whether a merger with SpaceX is on the table, as cross-company deals and rising cash burn raise new questions about the future of both firms
BlackRock's $12 Billion Meta Data Center Bet Shifts AI Finance Risk
BlackRock is raising over $12 billion in bonds to finance a Meta Platforms data center in Texas, but the debt won't sit on BlackRock's own balance sheet-reshaping how Wall Street approaches risk and recurring fees in the AI infrastructure boom
Broadcom's Software Win With Standard Chartered May Outlast AI Hype
Broadcom's new deal with Standard Chartered shifts focus from AI chips to recurring software revenue, locking in a global bank and signaling a strategic shift that could help stabilize earnings as chip demand fluctuates
Intel Cuts Data Center Jobs Despite Surging AI Chip Revenue
Intel is slashing jobs in its fastest-growing division as it faces fierce competition from AMD and custom cloud chips, even as its data center and AI revenue climbs and investors watch for signs of a sustainable turnaround
Russell & Bromley Closes 40 Stores as UK Retail Pressures Mount
Russell & Bromley, a 153-year-old British footwear retailer, has shuttered nearly all its UK stores after entering administration, highlighting the ongoing challenges facing legacy brands amid rising costs and shifting consumer habits
3M Stock Jumps as AI Data Center Demand Lifts Outlook
3M raised its 2026 profit forecast after strong Q2 results, with its small optical-connectivity unit gaining traction in Microsoft Azure's AI data centers. Investors are watching whether this niche business can become a meaningful growth driver
AMD Secures Major AI Win as Microsoft Adds Helios to Azure
AMD's Helios racks will power AI workloads in Microsoft's Azure data centers, challenging Nvidia's dominance and signaling a shift in how cloud giants source critical chips for artificial intelligence infrastructure
Elon Musk's AI Debt Solution Faces America's Soaring Interest Costs
U.S. national debt has surpassed $39 trillion, with annual interest payments now outpacing the entire defense budget. Elon Musk claims only rapid advances in AI and robotics can reverse the trend, but experts see major hurdles ahead
Bank of America Sticks With Apple as CEO Transition Looms
Apple's upcoming earnings call marks Tim Cook's final appearance as CEO, with John Ternus set to take the helm. Bank of America is maintaining its bullish stance, but warns investors about near-term margin pressure and shifting iPhone launch timing
Oracle Faces Billions in Delays After New Mexico Pipeline Denial
Oracle stock hit a new 52-week low after New Mexico regulators blocked a key natural gas pipeline for its massive AI data center, raising questions about project costs, timelines, and the company's ability to fund its AI expansion plans
Seagate's 441% Rally Prompts Cramer to Advise Trimming Holdings
Seagate's stock has soared over 440% in a year, making it one of the S&P 500's top performers. With earnings approaching, Jim Cramer suggests investors consider trimming positions to lock in gains and manage risk
Netflix Stock Slides as BofA Sees Opportunity After Earnings Miss
Netflix shares tumbled after a cautious sales outlook, but Bank of America says the stock's sharp drop may have gone too far. Here's what investors should know about the risks, valuation, and what could drive a rebound
Alibaba's AI Ban Escalates China's Race With Anthropic
Alibaba's decision to block Anthropic's Claude Code for employees has intensified the competition among Chinese tech giants to develop homegrown AI coding models, with market volatility and investor stakes raising the pressure on rivals
Nvidia's $4 Trillion AI Bet Could Reshape Household Energy Costs
Nvidia CEO Jensen Huang projects global data center spending could hit $4 trillion by 2030, far outpacing Wall Street estimates and fueling a surge in electricity demand that may drive up U.S. household utility bills and inflation in coming years
Intel Faces High Expectations as Earnings Beat May Not Lift Stock
Intel is expected to post strong Q2 results, but analysts warn that even a solid beat may not drive shares higher as investor sentiment and sector risks weigh on the stock ahead of its July 23 report
Microsoft's Anthropic Rift Signals Deeper AI Market Power Struggle
Microsoft's public criticism of Anthropic's Fable model exposes rising tensions over who controls access, pricing, and innovation in the fast-evolving AI sector, with billions in cloud revenue and enterprise strategy at stake
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