U.S. stocks were mixed, with the Nasdaq Composite gaining around 150 points on Monday. Shares of AMC Entertainment Holdings Inc (NYSE:AMC) rose sharply after the company reported better-than-expected second-quarter financial results. AMC reported quarterly earnings of 14 cents per share…
Bristol Myers Squibb Co (NYSE:BMY) is significantly upgrading its computational capabilities by deploying an NVIDIA Corp. (NASDAQ:NVDA) DGX SuperPOD equipped with DGX Vera Rubin NVL72 systems. The strategic deployment establishes the most robust and energy-efficient single-owned artificial intelligence infrastructure currently…
Boeing Company (NYSE:BA) shares are trading higher on Monday as the aircraft maker won several contracts from major airlines. Major Aircraft Orders Strengthening Commercial Backlog Philippine Airlines committed to purchase up to 20 787 Dreamliners, including 15 firm 787-10 aircraft…
For years, Intel Corp‘s (NASDAQ:INTC) rivalry with Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) centered on manufacturing technology, process nodes and production scale. Former Intel CEO Pat Gelsinger believes investors may be overlooking another competitive advantage entirely: geography. Pat Gelsinger’s Warning…
IREN Limited (NASDAQ:IREN) shares are up on Monday, rising as high as 15%, as the company announced a significant increase in its annualized run-rate revenue forecast. This comes on the heels of securing new multi-year cloud services contracts valued at…
Yum! Brands Inc. (NYSE:YUM) is approaching a closely watched bearish technical milestone after a sharp pullback erased much of its recent rally. Chart created using Benzinga Pro The stock’s 50-day simple moving average is hovering just above its 200-day moving…
Honeywell Aerospace Inc. (NASDAQ:HONA) announced Monday that IndiGo selected its avionics, auxiliary power units and aftermarket services for 810 Airbus A320neo-family aircraft in the largest commercial equipment and service agreement in the company’s history. The deal expands Honeywell’s partnership with…
Coca-Cola Company (NYSE:KO) shares are in the spotlight, with earnings on deck, recent analyst activity, a bullish-but-cooling technical setup and Edge Rankings all drawing attention. Coca-Cola stock is trading at depressed levels. Where are KO shares going? Earnings Preview & History…
For much of the AI boom, soaring memory prices have been viewed as an unqualified win for chipmakers like SK Hynix Inc. (NASDAQ:SKHY). But the company now appears to be making a counterintuitive bet: today’s pricing power could become tomorrow’s…
Netflix Inc. (NASDAQ:NFLX) stock fell nearly 1% in Monday’s premarket trading after closing 7.3% lower in the previous session. The decline came as analysts cut their price forecasts following the company’s latest earnings report, despite a broader risk-on backdrop that…