NetApp Inc. (NASDAQ:NTAP) stock fell in Thursday’s premarket trading despite strong first-quarter results and an upbeat outlook. The company reported fiscal 2027 first-quarter adjusted earnings of $2.58 per share, up 66% year over year. That beat the consensus estimate of…
Snowflake Inc. (NYSE:SNOW) shares soared nearly 24% to a record high in Thursday’s premarket trading after the cloud data company delivered stronger-than-expected quarterly results and raised its annual outlook.The rally followed Snowflake’s strongest product revenue growth in 13 quarters. Jefferies…
President Donald Trump is reportedly contemplating bringing the war with Iran to a close amid economic strain and ongoing military challenges. Trump is privately considering declaring the Iran war over, while believing continued economic pressure could force Tehran to dismantle…
Broadcom Inc. (NASDAQ:AVGO) stock fell more than 3% in Thursday’s premarket trading. Investors focused on the company’s soft outlook. Nasdaq futures were little changed while S&P 500 futures have gained 0.08%. The company reported fiscal third-quarter revenue of $29.59 billion…
New York City Mayor Zohran Kwame Mamdani announced Wednesday a one-year moratorium on student-facing generative artificial intelligence use for students from 2-K through eighth grade, saying younger children need human instruction, peer interaction and the opportunity to solve problems without…
Rep. Ro Khanna (D-Calif.) urged Congress to place new limits on data center development and surveillance technology, arguing that communities and Americans should have greater control over how these technologies affect their lives. Khanna Targets Residential Data Centers On Wednesday,…
On Wednesday, Ross Gerber pushed back against New York City Mayor Zohran Mamdani’s one-year moratorium on student-facing artificial intelligence tools, arguing that schools risk repeating their earlier resistance to computers. Ross Gerber Mocks NYC AI Ban Gerber, co-founder, president and…
U.S. stock futures advanced on Thursday, as the Dow Jones, S&P 500, and Nasdaq 100 indices rose, following Wednesday’s higher close. President Donald Trump predicted Wednesday that the stock market will continue moving higher despite the ongoing war in Iran…
President Donald Trump recently claimed the U.S. has “total control” over the Strait of Hormuz, but shipping data suggests commercial traffic through the waterway remains severely constrained. Marine Traffic Falls According to data analytics firm Kpler on Monday, maritime traffic…
The Department of Justice (DOJ) has extended the federal government’s scrutiny of rising beef prices to the retail level of the food supply chain. The retailers now under investigation include Kroger, Publix, Walmart Inc. (NASDAQ:WMT), Albertsons, Aldi, Ahold Delhaize, Costco Wholesale Corporation (NASDAQ:COST), and Amazon.com Inc. (NASDAQ:AMZN). Associate Attorney General Stanley E. Woodward Jr.…