Alphabet GOOGL) took the spotlight among the other Mag 7 hyperscalers that reported quarterly results this week, alongside Amazon AMZN) and Microsoft MSFT). Delivering a stellar Q1 report on Wednesday, Alphabet’s net sales were up 24% YoY to $94.66 billion and comfortably topped estimates of $92.22 billion. More impressive, Alphabet’s Q1 EPS surged 82% to ...
Listen to the audio version of this article (generated by AI). Editor’s Note: 🔊 On the go? You can now listen to today’s issue. Click the play button above. Hello, Reader. When the very first boxcar full of Campbell’s Condensed Tomato Soup left the company’s Camden, New Jersey, factory in 1898, it was riding atop ...
Listen to the audio version of this article (generated by AI). The UAE is leaving OPEC… what will it mean for volatility?… POET’s 50% collapse… did you take profits?… OpenAI is struggling with revenues… will it generate enough to meet its compute obligations? This morning, the United Arab Emirates (UAE) announced it will exit OPEC ...
Key Points AMD’s video game console business has historically been a major growth driver for the company. The company has deals to design semi-custom processors for Microsoft and Sony’s next-generation consoles. The strong growth of AMD’s data center business and a potentially strong surge in game console sales could send the stock soaring over the ...
Rambus’ (NASDAQ: RMBS) stock price took investors on a wild ride in April, surging to fresh highs then collapsing in the wake of its earnings release. The candle formed in late April is scary, a large red candle nearly engulfing the prior two weeks, but this is one bear investors will want to cuddle. While ...
Listen to the audio version of this article (generated by AI). This isn’t just another week for the market. You’ve got geopolitical uncertainty in the background and a Federal Reserve decision on deck. But it’s the surge of major earnings about to roll in that could really move the needle. And that’s where we could ...
Key Points Nvidia and Broadcom are profiting mightily from AI compute demand. Chip foundry Taiwan Semiconductor just raised full-year guidance. AI infrastructure provider Nebius is growing at warp speed. 10 stocks we like better than Nvidia › It’s hard to believe that 2026 is a third of the way over, but that’s where we find ...
Listen to the audio version of this article (generated by AI). Iran talks stall and oil climbs… the real question inside Big Tech earnings… why the Mythos breach changes things… and what it means for your portfolio As I write on Monday, oil is trading higher in the wake of this weekend’s failed peace negotiations. ...
Wall Street is heading into one of its most pivotal weeks of the year. One reason is the Federal Reserve. The central bank will announce its key interest rate decision on Wednesday. And while it is widely expected to remain steady at the 3.5% – 3.75% range, Wall Street will be looking for clues to ...
Key Points Meta fell sharply after its latest earnings report amid fears it was overspending on capex. Revenue grew at its fastest pace since the pandemic. Its AI spending is supporting its core ad business. 10 stocks we like better than Meta Platforms › Meta Platforms (NASDAQ: META) stock plunged on Thursday as investors balked ...
