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Market News
Latest financial news and analysis from global markets
AMD
US Equity Markets End Higher as Nasdaq, S&P 500 Hit Records After Reports on US-Iran Peace Deal, Upbeat AMD Results
US equity indexes ended higher on Wednesday, with the S&P 500 and the Nasdaq Composite reaching new
XAU/USD
TSX Closer: The Index Rises on Peace-Deal Hopes; Canada Seen As a "Relative Outperformer"
The Toronto Stock Exchange closed higher for only the second session in the last nine on Wednesday a
V
Chime reports maiden quarterly profit on resilient consumer spending
May 6 (Reuters) - Chime posted its first-ever quarterly profit on Wednesday, as resilient consumer spending in the first three months of the year lifted demand for the financial technology firm's digital banking products. Consumer spending remained resilient in the first quarter as individuals and businesses maintained spending trends and supported the payments sector, despite broader macroeconomic volatility linked to the war in the Middle East. Payments processing company Visa also reported a rise in quarterly profit last week, helped by the spending trends.
NVDA
Arm forecasts higher-than-expected revenue on surging AI data center demand
Arm Holdings forecast first-quarter revenue above Wall Street expectations on Wednesday, benefiting from higher adoption of its chip technology as tech companies spend heavily on artificial intelligence compute. Arm shares jumped 12% in after-hours trading. The company expects quarterly revenue of $1.26 billion, compared with analysts' estimates of $1.25 billion, according to data compiled by LSEG.
AAPL
Arm forecasts higher-than-expected revenue on surging AI data center demand
Arm Holdings forecast first-quarter revenue above Wall Street expectations on Wednesday, benefiting from higher adoption of its chip technology as tech companies spend heavily on artificial intelligence compute. Arm shares jumped 12% in after-hours trading. The company expects quarterly revenue of $1.26 billion, compared with analysts' estimates of $1.25 billion, according to data compiled by LSEG.
GOOGL
AMD stock surges as the chipmaker forecasts continued AI growth
Advanced Micro Devices (AMD) stock surges higher on Wednesday after blowing past first quarter earnings estimates and second quarter guidance forecasts. Market Domination Host Josh Lipton and Yahoo Finance Tech Editor Dan Howley sit down to take a closer look at AMD's growth outlook as AI demand pushes chip stocks higher.
UBER
Why Uber Stock Is Rallying After Posting Mixed Q1 Results
Uber stock jumped early Wednesday after the ride-hailing and food-delivery company reported mixed first-quarter results.
AMD
AMD Proves Skeptics Wrong. Stock Soars On Bullish Report.
AMD stock vaulted higher after the chipmaker delivered a strong first-quarter report and talked up its opportunities in the AI data center market.
DOGEUSDT
Top Cryptocurrencies Mixed; Bitcoin Holds Above $81,000 Level
Major digital assets were mixed Wednesday, with Bitcoin (BTC-USD) lower but holding above the $81,00
ADAUSDT
Top Cryptocurrencies Mixed; Bitcoin Holds Above $81,000 Level
Major digital assets were mixed Wednesday, with Bitcoin (BTC-USD) lower but holding above the $81,00
SOLUSDT
Top Cryptocurrencies Mixed; Bitcoin Holds Above $81,000 Level
Major digital assets were mixed Wednesday, with Bitcoin (BTC-USD) lower but holding above the $81,00
BTCUSDT
Top Cryptocurrencies Mixed; Bitcoin Holds Above $81,000 Level
Major digital assets were mixed Wednesday, with Bitcoin (BTC-USD) lower but holding above the $81,00