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Verizon Shares Jump as Wireless Beats Cable for Subscribers

Verizon shares rose 3.7% on Monday after the company reported strong first-quarter results. Wireless carriers are now pulling ahead of cable operators. This signals a change in the ongoing competition for broadband and phone customers. Verizon reported adjusted earnings per share of $1.28. This beat the analyst’s estimate of $1.21. Revenue grew 2.9% to $34.4 […]

Microsoft Shares Fall as OpenAI Exclusivity Deal Ends

On Monday, Microsoft shares dropped 1.6% after the company and OpenAI ended their exclusive commercial partnership. This change means OpenAI can now work with Microsoft’s competitors. Under the new agreement, Microsoft will continue to license OpenAI’s models and products through 2032, but will not have exclusive rights. OpenAI can now make cloud and licensing deals […]

Meta Shares Edge Up as China Blocks $2B Manus AI Deal

Meta’s stock rose on Monday after Chinese regulators blocked its $2 billion deal to buy Manus, an AI startup based in Singapore. The decision directly impacts Meta’s ability to expand in AI and signals a heightened risk for international tech investments. China’s National Development and Reform Commission told both companies to cancel the deal, saying […]

Peloton Shares Pop on Spotify Deal as Turnaround Takes Shape

Peloton shares climbed by more than 5% on Monday after the company announced a global partnership with Spotify. This deal will bring Peloton’s fitness and wellness content to Spotify Premium subscribers through a new fitness section. Investors see this as an important step for Peloton to expand beyond its declining hardware and subscription business. The […]

Domino’s Shares Slide: Growth Concerns on Earnings Miss

A weak first quarter has intensified investor concerns that Domino’s slow sales growth may not be offset by simply opening more stores. Domino’s reported net revenue of $1.15 billion for the March quarter. This was up 3.5% from last year but still fell short of analyst expectations. Earnings per share dropped to $4.13, mainly due […]

Intel Shares Rise 29% on Earnings Beat as AI CPU Demand Soars

Intel shares are on track for their biggest single-day jump in years. The stock climbed about 29% in premarket trading on Friday. The company’s first-quarter results topped Wall Street’s forecasts for revenue, earnings, and outlook. Analysts believe this strong showing highlights how artificial intelligence is changing the server CPU market. Adjusted earnings per share came […]

24 Apr, 2026

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Tesla Shares Head for Weekly Loss Despite Upgrade as AI Lags

Tesla shares are set for a weekly loss despite a Friday analyst upgrade. On Friday, DZ Bank raised its rating on Tesla from Sell to Hold, improving the stock’s sell rating ratio but not offering a new optimistic outlook. Around 13% of analysts now rate Tesla as a Sell, nearly twice the S&P 500 average. […]

24 Apr, 2026

Warner Bros. Shareholders Vote on Paramount’s $81B Merger Deal

On Thursday, Warner Bros. Discovery shareholders will vote on Paramount Skydance’s $81 billion acquisition, a key moment in what could be one of Hollywood’s largest media mergers. The company is holding a virtual special meeting for stockholders, and anyone who owned shares as of March 20 can vote on the proposed merger. If the deal […]

23 Apr, 2026

Intel Stock Soars on Tesla Deal as Earnings Lag the Rally

Intel shares have jumped 235% in the past year. However, Thursday’s first-quarter earnings are expected to show that the company’s financial results still trail its rising stock price. Investors are betting on a long-term manufacturing turnaround, with Tesla as a key new customer. Wall Street expects Intel to report first-quarter adjusted earnings of 2 cents […]

23 Apr, 2026