TSMC is adding $100B more to its U.S. chip bet. Uber is taking a bigger bite of global food delivery. Hate middle seats? United has a new idea.
Start Your NewsReadery Pro FREE TRIAL!
| | |
#wallstreet / Page 10
As we step through earnings season, Wall Street focus continues to be on signs that AI is actually creating value for companies that are not selling access to the core AI infrastructure.
Wall Street closed higher on Wednesday as investors assessed mixed PPI data and solid second-quarter earnings reports.
Private "climate risk" scores on Zillow, Redfin, and Realtor.com are tanking home values and contradicting FEMA flood maps.
IBM stock crashed 26% after Q2 revenue of $17.2B missed Wall Street estimates. HSBC downgraded to Reduce. Full earnings analysis ahead of July 22 call.
The yield on the 10-year U.S. Treasury note -- the key benchmark for U.S. government borrowing -- rose over 2 basis points to 4.573%.
Goldman booked a record $3.4bn in investment banking fees, up 55%. Its CEO calls it an AI capex super cycle. JPMorgan's CFO is passing on data centre deals.
Asian equity markets traded mixed on Thursday, tracking mild overnight gains on Wall Street as market participants reassessed regional tech exposures. U.S. equity futures remained largely flat ahead of the opening bell; Nasdaq 100 futures ticked up 0 ...
Trump has used Truth Social to announce many military operations, policy changes and just to vent over something that has recently angered him. Often it has a direct impact on the stock market.
Wall Street bank cements position on top of league tables, but rivals have taken top billing on recent deals including ITV ...