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Latest financial news and analysis from global markets
AVGO
Applied Optoelectronics Awarded $20.9M Texas Innovation Grant
By Karen Roman Applied Optoelectronics, Inc. (Nasdaq: AAOI) said it was granted a Texas Semiconductor Innovation Fund grant for $20.9 million to bolster its 210,000 sq. ft. manufacturing expansion in Sugar Land, Texas, which will become one of the largest production facilities for AI-focused data center transceivers in the U.S. “Texas is leading America’s resurgence […]
XAU/USD
Centerra Gold Posts Higher Revenue, Adjusted Profit for Fist Quarter; Issues 2026 Production Outlook
Centerra Gold (CG.TO, CGAU) after trade Wednesday reported higher revenue and adjusted profit for th
NVDA
Why Teradyne Tumbled Today
The semiconductor testing company delivered a solid quarter, but softer-than-expected margin guidance hit this high-flying stock.
INTC
Why Teradyne Tumbled Today
The semiconductor testing company delivered a solid quarter, but softer-than-expected margin guidance hit this high-flying stock.
NVDA
Michael Burry Just Did Another 'Big Short' — As Historic Chip Stock Rally Finally Snaps
The iShares Semiconductor ETF fell 2% Monday, breaking its longest winning streak on record after “The Big Short” investor Michael Burry disclosed fresh short bets on chipmakers. Monday’s chip selloff snapped an unprecedented 18-day rally and arrived without a sector-specific fundamental catalyst — but with a high-profile bear newly on the tape and seven SOXX constituents reporting earnings this week. Burry Bets Chips ‘Return To Earth’ — SOXX Snaps Longest Rally Ever On 18-Day Streak On Friday a
GOOGL
Microsoft's cloud revenue growth disappoints investors, shares drop 2%
Microsoft's modest increase in quarterly cloud revenue growth on Wednesday failed to impress investors worried about rising competition in the artificial intelligence race, and its shares fell more than 2% in extended trading. Smaller rival Google Cloud posted a 63% rise in revenue that blew past estimates for 50.1% growth. "With Google blowing past revenue and earnings expectations, and big questions around Microsoft’s spending on AI infrastructure, the market wanted to be wowed to be reassured, and the numbers didn’t deliver," said Rebecca Wettemann, CEO of Valoir, an industry analyst firm.
MSFT
Microsoft's cloud revenue growth disappoints investors, shares drop 2%
Microsoft's modest increase in quarterly cloud revenue growth on Wednesday failed to impress investors worried about rising competition in the artificial intelligence race, and its shares fell more than 2% in extended trading. Smaller rival Google Cloud posted a 63% rise in revenue that blew past estimates for 50.1% growth. "With Google blowing past revenue and earnings expectations, and big questions around Microsoft’s spending on AI infrastructure, the market wanted to be wowed to be reassured, and the numbers didn’t deliver," said Rebecca Wettemann, CEO of Valoir, an industry analyst firm.
UNP
Anti-merger group launches as UP, NS prepare to refile application
As Union Pacific and Norfolk Southern prepare to file an updated merger application with regulators, rival railroads have launched a coalition aimed at stopping the proposed transcontinental tie-up. The post Anti-merger group launches as UP, NS prepare to refile application appeared first on FreightWaves.
AMZN
Amazon Earnings Beat Estimates. A Weak Spot May Still Be Weighing on the Stock.
Amazon said that revenue from its Amazon Web Services cloud unit rose 28% from the prior year to $37.6 billion. Revenue growth there is key as investors look for proof that companies are seeing returns on their massive artificial intelligence spending. CEO Andy Jassy noted in the earnings release that it was AWS’s fastest growth in 15 quarters.
MSFT
Amazon Earnings Beat Estimates. A Weak Spot May Still Be Weighing on the Stock.
Amazon said that revenue from its Amazon Web Services cloud unit rose 28% from the prior year to $37.6 billion. Revenue growth there is key as investors look for proof that companies are seeing returns on their massive artificial intelligence spending. CEO Andy Jassy noted in the earnings release that it was AWS’s fastest growth in 15 quarters.
AMZN
Big Tech AI Capex Tops $650 Billion as Q1 Earnings Beats Pressure Bitcoin Risk Trade
Big Tech Q1 earnings beat estimates, but Meta's $145B capex hike and AI spending fears weighed on stocks and crypto sentiment.
BTCUSDT
Big Tech AI Capex Tops $650 Billion as Q1 Earnings Beats Pressure Bitcoin Risk Trade
Big Tech Q1 earnings beat estimates, but Meta's $145B capex hike and AI spending fears weighed on stocks and crypto sentiment.