The latest market news & Insights
IBM Shares Fall as CEO Doubles Down on Quantum While Market Stays Skeptical
At New York Tech Week on Tuesday, IBM’s CEO made his strongest argument so far that quantum computing is real, ready for business, and closer than most people think. Even as Arvind Krishna called quantum the next step after CPUs and GPUs and promised a $10 billion investment over five years, IBM shares dropped along […]
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Microsoft Shares Slide as $190B Capex Plan Alarms Investors
Microsoft shares fell 3.8% on Thursday, even though the company beat earnings expectations and reported strong Azure cloud growth. Investors were more concerned about the company’s much higher capital spending plans, which cut into free cash flow and raised questions about future returns. Microsoft reported adjusted earnings per share and revenue above expectations. Azure revenue […]
Mastercard Shares Fall Despite First-Quarter Earnings Beat
Mastercard shares fell 2.1% Thursday despite beating first-quarter expectations. The stock’s prior rally meant the report generated little excitement. Adjusted earnings per share were $4.60, beating the analyst estimate of $4.41 and up from $3.73 a year ago. Revenue reached $8.4 billion, a 16% increase from last year and higher than the $8.26 billion expected […]
Tesla Shares Edge Up 0.3% as Musk Teases Optimus 3 Robot
Tesla shares rose 0.3% in premarket trading on Wednesday after CEO Elon Musk provided a brief update on the company’s humanoid robotics program. He described the upcoming third version of the Optimus robot as special. While the update was limited, it represented the clearest AI-related signal for the stock in recent months. Musk’s comments did […]
SoFi Shares Drop as Flat Guidance Overshadows Record Quarter
SoFi shares dropped 8% in premarket trading on Wednesday after the company issued unchanged full-year revenue guidance, disappointing investors following a record first quarter. The company reaffirmed its 2026 revenue target of $4.66 billion and earnings of 60 cents per share, matching Wall Street’s expectations. This cautious guidance followed a record first-quarter adjusted revenue of […]
Nvidia Shares Flat as OpenAI Fears Linger Before Big Tech Earnings
NVIDIA shares fell 0.1% on Wednesday as investors stayed cautious after a selloff the day before. That drop was sparked by reports that OpenAI missed its internal revenue and user goals. For NVIDIA, performance is closely tied to sentiment about AI demand, as its chips power most large AI models. Across the semiconductor sector, trading […]
Bloom Energy Shares Surge 20% on Record Earnings
On Wednesday, Bloom Energy shares rose 20% in premarket trading after the company reported record first-quarter results that beat expectations and raised its full-year outlook. This move highlights Bloom’s expanding role as demand for energy from AI data centers, which require significant, reliable power to process large-scale artificial intelligence workloads, increases. Adjusted earnings per share […]
Spotify Shares Slump 11% as Price Hikes Dent Subscriber Growth
Spotify shares fell 11% before Tuesday’s market open after first-quarter earnings showed slower subscriber growth than expected. This has led to concerns that higher prices are deterring new customers in a market sensitive to price changes. Spotify reported adjusted earnings per share of €3.45, beating the analyst consensus of €2.95. Revenue was €4.5 billion, up […]
Oracle Shares Drop 4.1% on OpenAI Revenue Miss Fears
Oracle shares fell 4.1% in premarket trading on Tuesday after reports of OpenAI missing user and revenue targets, raising concerns about Oracle’s cloud growth. Oracle has a contract to provide about $300 billion in computing power to OpenAI over five years, making up most of its cloud backlog. If OpenAI’s finances weaken or it cannot […]
BP Shares Rise on Profit Surge, Lifting Exxon and Chevron
BP shares rose 3.9% on Tuesday. The company reported first-quarter profits that more than doubled compared to last year. Higher crude prices and strong oil trading helped drive these results. BP’s stock jump lifted confidence in the energy sector overall. Investors looked ahead to earnings from Exxon Mobil and Chevron later this week. This hinted […]
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