Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) said Thursday that August revenue jumped more than 53% from a year earlier, hitting a record monthly high as booming artificial intelligence demand continued to fuel growth. AI Demand Drives Record August Revenue Taiwan…
Oracle Corporation (NYSE:ORCL) shares are trading higher Friday after the company reported better-than-expected first-quarter results on Thursday after the market closed and raised its fiscal-year 2027 adjusted earnings per share guidance above analyst estimates. Oracle shares are powering higher. What’s driving…
Vistra Corp. (NYSE:VST) said Thursday it priced a $1.5 billion public offering of junior subordinated notes due in 2057.The energy company plans to use the proceeds for general corporate purposes. That includes potentially redeeming outstanding preferred stock later this year.Vistra…
RH (NYSE:RH) stock rose in premarket trading Friday after the luxury home furnishings retailer reported second-quarter fiscal 2026 results that beat Wall Street earnings expectations despite a revenue miss.RH Estates Could Double Addressable MarketThe company said its new Estates collection…
Critics have long pointed to an equity market breadth issue, with a narrow basket of tech giants driving most index returns. While participation improved through the second quarter, the broadening didn’t last long – surging energy prices and tightening financial…
President Donald Trump promised a $5,000 dividend payout to adult U.S. citizens if Republicans hold Congress in November, a plan investor Ross Gerber vehemently criticized, while economist Justin Wolfers said it violates global trade rules and dictates how Americans spend…
The Trump administration is preparing to sanction "a large bank" next week, said Treasury Secretary Scott Bessent. Bessent did not disclose the bank’s name or its country during his appearance on “Real America’s Voice” on Thursday. The sanction, initially planned for Friday, was…
Qualcomm Inc. (NASDAQ:QCOM) stock edged higher Friday in premarket trading as broader risk appetite improved. Nasdaq futures rose 0.61%, while S&P 500 futures gained 0.58%. Qualcomm Positions For AI-Powered 6G Separately, Counterpoint Research said Qualcomm is positioning itself to benefit…
U.S. stocks look set for a positive opening on Friday, with the Dow Jones, S&P 500 and Nasdaq 100 futures rising, following Thursday’s lower close. Investors are awaiting the August CPI data ahead of the opening bell, with economists expecting…
Apple Inc. (NASDAQ:AAPL) could see stronger Apple Watch upgrade demand as new health features, improved sensing and unchanged pricing make the latest models more compelling, according to Counterpoint Research. Apple launched the Watch Series 12 and Watch Ultra 4 on…