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Lumentum Surges 13% on Mizuho's $1,000 Target as AI Demand Soars
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Lumentum Surges 13% on Mizuho's $1,000 Target as AI Demand Soars
Lumentum shares rallied over 13% premarket after Mizuho reiterated a bullish stance with a $1,000 price target, citing s
Caterpillar jumps 9% as AI-driven power demand fuels record Q2 revenue
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Caterpillar jumps 9% as AI-driven power demand fuels record Q2 revenue
Caterpillar shares surged over 9% after beating Q2 estimates and raising its full-year revenue forecast, driven by AI da
Apple Seeks Injunction in OpenAI Trade Secrets Dispute
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Apple Seeks Injunction in OpenAI Trade Secrets Dispute
Apple has filed for a preliminary injunction against OpenAI, accusing it of stealing trade secrets. OpenAI disputes the
HSBC shares climb 31% YTD as Q2 profit jumps 60%, $1B buyback announced
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HSBC shares climb 31% YTD as Q2 profit jumps 60%, $1B buyback announced
HSBC reported a 60% jump in Q2 pre-tax profit to $10.1B, with revenue of $19.1B, and announced a $1B buyback. Shares are
Trump's Rare Rebuke of Exxon, Chevron Signals Political Pressure Over Gas Prices
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Trump's Rare Rebuke of Exxon, Chevron Signals Political Pressure Over Gas Prices
Trump accused Exxon and Chevron of excessive profits from high fuel prices, urging lower consumer costs. The rebuke unde
Scottish Mortgage holds 200-day support as SpaceX earnings loom
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Scottish Mortgage holds 200-day support as SpaceX earnings loom
Scottish Mortgage Trust remains above its 200-day EMA despite a 14% correction, with SpaceX earnings due and strong resu
SpaceX's first earnings: Jefferies says governance isn't the real risk
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SpaceX's first earnings: Jefferies says governance isn't the real risk
SpaceX reports its first quarterly earnings as a public company Tuesday. Jefferies says investors are focusing on the wr
Snap beats Q2 estimates on World Cup ads, AI tools; shares jump 7%
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Snap beats Q2 estimates on World Cup ads, AI tools; shares jump 7%
Snap reported Q2 revenue of $1.60B, up 19% YoY, beating estimates, helped by World Cup ad spending and AI-powered tools.
Burry expands chip shorts as AI spending debate intensifies
Stocks
Burry expands chip shorts as AI spending debate intensifies
Michael Burry increased bearish bets on Nvidia, Micron, and chip ETFs, questioning AI spending durability. Wall Street a
Amazon slips after $3T milestone; Bezos plan worth $4.3B
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Amazon slips after $3T milestone; Bezos plan worth $4.3B
Amazon's stock slipped after joining the $3 trillion club. Jeff Bezos' prearranged trading plan allows selling up to 15
Samsung, SK Hynix Lag Wall Street Chip Rally as Korea's Leverage Hangover Persists
Stocks
Samsung, SK Hynix Lag Wall Street Chip Rally as Korea's Leverage Hangover Persists
Samsung and SK Hynix stocks lagged Wall Street's chip rally on Tuesday as Korea's leverage unwind and CXMT expansion fea
JPMorgan highlights Walmart, Lilly, Caterpillar as August buys
Stocks
JPMorgan highlights Walmart, Lilly, Caterpillar as August buys
JPMorgan sees buying opportunities in Walmart, Eli Lilly, and Caterpillar ahead of their Q2 earnings, citing recent pull