Money and Wealth
Reddit Stock Tumbles on Report of Potential Google Data Deal Collapse
Reddit's stock dropped after reports the company may cut Google's access to its conversation data for AI training, threatening a…
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Category: Money and Wealth
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Money and Wealth
Money and Wealth
Trump Administration Set to Unveil New Tariffs as 10% Temporary Levies Expire
The Trump administration is preparing new tariffs to replace temporary 10% levies expiring Friday. Fresh trade measures follow existing uncertainty…
Money and Wealth
Stock Market Treads Water as Oil Climbs on Middle East Tensions
Stock indices were flat to slightly lower Wednesday as investors braced for major tech earnings, while oil jumped 3.4% on…
Money and Wealth
Tesla earnings miss sends stock lower as profit margins compress
Tesla's second-quarter earnings revealed compressed margins as operating profit dropped 57% despite 25% revenue growth. EPS fell to 33 cents…
Money and Wealth
IBM Cuts Full-Year Revenue Forecast After Earnings Miss
IBM lowered its full-year revenue guidance after an earnings miss sent its stock sharply lower. CEO Arvind Krishna said the…
Money and Wealth
Alphabet Posts Strong Earnings, but AI Spending Concerns Weigh on Stock
Alphabet delivered earnings results above estimates Wednesday, but stock declined as the company again raised capital expenditure forecasts, signaling continued…
Money and Wealth
ServiceNow Shakes Off Market Slump With Solid Q2 Results
ServiceNow posted solid Q2 earnings Wednesday, with shares bouncing 4.6% after-hours following a 6.5% intraday drop. The rebound reflects investor…
Money and Wealth
Super Micro Computer stock surges 20% after gross margin expansion guidance
Super Micro Computer shares jumped 20% following the company's announcement of expanded gross margins. The move signals improved operational efficiency…
Money and Wealth
Chip Stocks Rally Halts Broader Market Decline
Semiconductor stocks surged this week, offsetting losses in broader markets and underscoring investor focus on AI infrastructure plays. However, the…
Money and Wealth
Kraft Heinz Banking on Disney Licensing Deal to Reverse Declining Sales
Kraft Heinz partners with Disney to place Mickey Mouse on its products, aiming to reverse sales declines. While character licensing…