Deckers hikes its yearly outlook. Wall Street still has questions about demand.
Deckers ran low on Uggs and tried to catch up with demand through last year. But now, after strong demand and a stronger ...
Heard on the Street: Behind the AI Splurge at Microsoft and Meta
That was the combined capital spending by Microsoft and Meta Platforms last quarter, nearly double a year earlier. The bulk of it went on chips and data centers to power generative AI services. Read w ...
Tesla, IBM and Meta lead most of Wall Street higher
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher after a rush of profit reports from some of the country’s ...
Deckers hiked its outlook, but the stock is tumbling after a sizable run higher
Deckers Brands on Thursday raised its full-year outlook and reported third-quarter results that topped estimates, helped by demand for Ugg boots and Hoka running shoes, but shares sank in after-hours ...
Apple Earnings Beat Estimates
Apple reported fiscal first-quarter earnings on Thursday that beat Wall Street estimates. The iPhone maker posted ...
UPS to cut its Amazon business by more than 50%. Here's why.
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
Blackstone Still Bullish on A.I. Data Centers Despite DeepSeek
Blackstone, a major global investor in data centers that run A.I. systems, expects use of the technology to rise as the cost of computing power falls.
These Stocks Are Moving the Most Today: Tesla, Microsoft, Meta, UPS, IBM, Nvidia, Comcast, Las Vegas Sands, American, Juniper, and More
Tesla’s fourth-quarter adjusted earnings miss analysts’ estimates but the stock rises on optimism over the electric-vehicle ...
Wall Street Seen Opening On Mixed Note; Earnings, Economic Data Hold The Key
Futures indicate a mixed start for U.S. stocks on Wall Street, where the focus is on earnings updates from big name tech companies ...
OpenAI in Talks for Huge Investment Round
SoftBank is in talks to invest $15 billion to $25 billion in OpenAI, a deal that would see the Japanese conglomerate displace Microsoft as the ChatGPT maker's biggest investor. SoftBank stock fell 1.1 ...
US stock market confronts risks as investors grapple with tech, Fed outlook
Risks to the U.S. stock market are piling up as cracks emerge in the technology trade and the path for interest rates is ...
Tesla Q4 results fall short of forecasts. Musk sees unsupervised full self-driving in Texas in June
Tesla’s fourth-quarter adjusted profits rose slightly amid a big push to sell its electric vehicles with offers of zero financing and other incentives, but the results still fell short of Wall Street ...