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Latest financial news and analysis from global markets
BTCUSDT
Here's What Pete Hegseth Just Said About Bitcoin and Why It Matters
Bitcoin may now be a venue where countries compete with each other.
CL
Barclays’ Cau warns upside in stocks is limited unless energy risks fade
Investing.com -- Barclays strategist Emmanuel Cau was cautious on equities in a note Wednesday, despite markets hitting fresh highs, warning that a further rally is difficult to justify while energy risks remain elevated and the global economy approaches what he describes as a critical inflection point.
AMD
AMD and Intel Extend Rally Despite RSI Flashing Overbought for Weeks
AMD jumps 18% pre-market after Q1 beat while Intel hits an all-time high. RSI readings stay overbought as the rally extends.
INTC
AMD and Intel Extend Rally Despite RSI Flashing Overbought for Weeks
AMD jumps 18% pre-market after Q1 beat while Intel hits an all-time high. RSI readings stay overbought as the rally extends.
AAPL
Apple Explores Intel And Samsung As Chip Constraints Hit Growth
Apple held early talks with Intel and visited Samsung's Texas plant as advanced-node processor shortages pressure device supply.
INTC
Apple Explores Intel And Samsung As Chip Constraints Hit Growth
Apple held early talks with Intel and visited Samsung's Texas plant as advanced-node processor shortages pressure device supply.
UBER
Uber forecasts strong second-quarter bookings despite Middle East woes
Uber Technologies forecast second-quarter bookings above Wall Street estimates on Wednesday on strong demand for ride-hailing and delivery services, even though the Middle East conflict weighed on its growth. Uber said it expects gross bookings of $56.25 billion to $57.75 billion for the June quarter, above analysts' average estimate of $56.07 billion, according to data compiled by LSEG. It factors in a roughly 60 basis-point drag from the Middle East conflict.
TSLA
SpaceX plans $55 billion semiconductor facility in Texas
Investing.com -- SpaceX is proposing to invest $55 billion to build a semiconductor production facility in Texas, according to a Bloomberg report that cites a public notice posted on the Grimes County website Wednesday.
AAPL
Some iPhone owners could get up to $95 payment after Apple agrees to settle case for $250 million
Owners of some iPhones are in line to get cash payments of up to $95 from Apple after the company on Tuesday reached a $250 million settlement in a class-action lawsuit for false advertising of its artificial intelligence capabilities. The company has been scrambling to keep up with tech rivals amid the AI boom but still hasn't delivered on the Siri revamp two years later. The lawsuit, filed on behalf of U.S. consumers in the San Francisco federal court for the Northern District of California, alleged that Apple deceived consumers with a marketing campaign that promoted features that did not yet exist and misled them into buying the devices.
LULU
Retail stability hinges on disciplined transformation, deeper consumer connection
Senior retail leaders at the World Retail Congress in Berlin conceded success in a volatile environment will be determined by staying anchored in brand purpose, moving with agility and building deeper, more human connections with consumers.
AMD
US stock futures rally on Middle East peace hopes, AI optimism
By Niket Nishant and Utkarsh Hathi May 6 (Reuters) - Wall Street futures rose on Wednesday, extending a strong run on hopes of a potential U.S.-Iran peace agreement and unrelenting optimism around
AMD
AMD upgrades flood in after chipmaker lifts outlook on strong AI demand
Investing.com -- Advanced Micro Devices received upgrades from both Goldman Sachs and Bernstein after the chipmaker reported stronger-than-expected first-quarter results and provided a robust second-quarter outlook, with analysts pointing to agentic AI as a key driver of the company’s accelerating growth.