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Oracle stock booms 40%, on pace for best day since 1992

Oracle stock roared 40% higher Wednesday, after reporting gobsmacking cloud demand numbers, setting the company on track for a historic gain. The cloud giant is on pace for its best day since 1992, and is now quickly approaching the $1 trillion market cap benchmark. Oracle is now at $950 billion. The company said it has $455 billion in remaining performance obligations, up 359% from a year earlier. "This is a very historic kind of print right here from Oracle with this backlog," Ben Reitzes,

Apple raises iPhone Pro starting price in U.S. for first time since 2017

A next generation iPhone 17 is held during an Apple special event at Apple headquarters on September 9, 2025 in Cupertino, California. Apple increased the starting price of one of its iPhone models and replaced another with a pricer device on Tuesday, as analysts and investors widely expected. Apple's iPhone 17 Pro now starts at $1,099. That's $100 more than last year's iPhone 16 Pro. Apple also replaced last year's $899 iPhone 16 Plus in its lineup with a new thin-and-light device called the

Broadcom stock jumps 9% on new $10 billion customer that analysts say is OpenAI

Analysts at Mizuho, Cantor Fitzgerald and KeyBanc all said they think AI startup OpenAI is the customer. The Financial Times reported on Thursday, citing people familiar with the partnership, that the two companies co-designed a chip that will hit the market next year. "One of these prospects released production orders to Broadcom, and we have accordingly characterized them as a qualified customer for XPUs," Tan said. He added that the order increased Broadcom's forecast for AI revenue next yea

Broadcom stock jumps 11% on new $10 billion customer that analysts say is OpenAI

Analysts at Mizuho, Cantor Fitzgerald and KeyBanc all said they think AI startup OpenAI is the customer. The Financial Times reported on Thursday, citing people familiar with the partnership, that the two companies co-designed a chip that will hit the market next year. "One of these prospects released production orders to Broadcom, and we have accordingly characterized them as a qualified customer for XPUs," Tan said. He added that the order increased Broadcom's forecast for AI revenue next yea

Broadcom stock jumps 15% on new $10 billion customer that analysts say is OpenAI

Broadcom shares soared 15% on Friday after the chipmaker said on its earnings call that it had secured a new $10 billion customer. Analysts quickly pointed to OpenAI. Following a better-than-expected earnings report late Thursday, Broadcom CEO Hock Tan told analysts that a fourth large customer had put in orders for $10 billion in custom artificial intelligence chips, which the company calls XPUs. "One of these prospects released production orders to Broadcom, and we have accordingly character

Figma's stock slumps almost 20% after first earnings report to lowest since IPO

Figma shares plummeted nearly 20% on Thursday, falling to the lowest price since the design software vendor's initial public offering in July after the company reported earnings for the first time as a public company. Results for the second quarter were largely in line with expectations, as Figma had issued preliminary results a little over a month ago. Revenue increased 41% from a year earlier to $249.6 million, slightly topping analysts' estimates of $248.8 million, according to LSEG. Analys

Salesforce slump deepens as stock drops nearly 5% on weak guidance

Salesforce CEO Marc Benioff attends the 55th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 23, 2025. A bad year just got worse for Salesforce . Following a disappointing revenue forecast in its quarterly earnings report late Wednesday, Salesforce's stock slumped nearly 5%, bringing its decline for 2025 to 27%. That's the worst performance in large-cap tech. Revenue increased 10% in the fiscal second quarter from a year earlier, cracking double-digit growth for the

Salesforce slump deepens as stock drops more than 5% on weak guidance

Salesforce CEO Marc Benioff attends the 55th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 23, 2025. A bad year just got worse for Salesforce . Following a disappointing revenue forecast in its quarterly earnings report late Wednesday, Salesforce's stock slumped more than 5%, bringing its decline for 2025 to 27%. That's the worst performance in large-cap tech. Revenue increased 10% in the fiscal second quarter from a year earlier, cracking double-digit growth for t

Broadcom earnings primer: AI chip demand and growth are key

Broadcom is scheduled to report earnings for its fiscal third quarter after the close of regular trading on Thursday. Here's what analysts are expecting, according to a consensus from LSEG. Earnings per share: $1.65 $1.65 Revenue: $15.83 billion Broadcom, which develops custom chips for Google and other huge cloud companies and also makes networking gear needed to tie thousands of artificial intelligence chips together, is expected to report revenue growth of 21% from $13.07 billion a year a

Salesforce slump deepens as stock drops 7% on disappointing guidance

Salesforce CEO Marc Benioff attends the 55th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 23, 2025. A bad year just got worse for Salesforce . Following a disappointing revenue forecast in its quarterly earnings report late Wednesday, Salesforce's stock slumped 8%, bringing its decline for 2025 to 28%. That's the worst performance in large-cap tech. Revenue increased 10% in the fiscal second quarter from a year earlier, cracking double-digit growth for the first t

Apple has survived Trump's tariffs so far. It might raise iPhone prices anyway

Apple CEO Tim Cook (R) shakes hands with U.S. President Donald Trump during an event in the Oval Office of the White House on August 6, 2025 in Washington, DC. When Tim Cook gifted President Donald Trump a gold and glass plaque last month, the Apple CEO was hailed by Wall Street for his job managing the iPhone-maker's relationship with the White House. Cook, Wall Street commentators said, had largely navigated the threat of tariffs on Apple's business successfully by offering Trump an addition

Apple announces launch event on Sept. 9, iPhone 17 expected

Apple on Tuesday sent invites to the media and analysts for a launch event at its campus on September 9 at 10 A.M pacific time. The tagline on the invite is: "Awe dropping." Apple is expected to release new iPhones, as it usually does in September. This year's model would be the iPhone 17. It also often announces new Apple Watch models in September. While Apple's launch events used to be held live, with executives demonstrating features on stage, since 2020 they have been pre-recorded videos.

CoreWeave tanks 20% after posting wider-than-expected loss ahead of lock-up expiration

CoreWeave 's stock sank 20% after the renter of artificial intelligence data centers reported a bigger-than-expected loss. In its second quarterly financial results as a public company, CoreWeave reported an adjusted loss of 27 cents per share, compared to a loss of 21 cents per share expected by analysts polled by LSEG. CoreWeave's results came as the lock-up period following its initial public offering is set to expire Thursday evening and potentially add volatility to shares. The term refer

CoreWeave stock slumps 20% on wider-than-expected loss ahead of lock-up expiration

CoreWeave 's stock sank 20% after the renter of artificial intelligence data centers reported a bigger-than-expected loss. In its second quarterly financial results as a public company, CoreWeave reported an adjusted loss of 27 cents per share, compared to a loss of 21 cents per share expected by analysts polled by LSEG. CoreWeave's results came as the lock-up period following its initial public offering is set to expire Thursday evening and potentially add volatility to shares. The term refer

CoreWeave stock slumps 18% on wider-than-expected loss ahead of lock-up expiration

CoreWeave 's stock dropped 18% after the renter of artificial intelligence data centers reported a bigger-than-expected loss. In its second quarterly financial results as a public company, CoreWeave reported an adjusted loss of 27 cents per share, compared to a loss of 21 cents per share expected by analysts polled by LSEG. CoreWeave's results came as the lock-up period following its initial public offering is set to expire Thursday evening and potentially add volatility to shares. The term re

CoreWeave stock slumps 14% on wider-than-expected loss ahead of lockup expiration

CoreWeave 's stock dropped 14% after the renter of artificial intelligence data centers reported a bigger-than-expected loss. In its second quarterly financial results as a public company, CoreWeave reported an adjusted loss of 27 cents per share, compared to a 21-cent loss per share expected by analysts polled by LSEG. CoreWeave's results came as the lock-up period following its initial public offering is set to expire Thursday evening and potentially add volatility to shares. The term refers

AMD stock slumps 6% on earnings miss, China AI chip concerns

Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019. Shares of Advanced Micro Devices slumped more than 6% after the chipmaker's earnings fell short of earnings expectations and raised concerns about the timing of a restart in China shipments. The Santa Clara, California-based company reported adjusted earnings of 48 cents per share, falling short of the 49 cents per share expected by analyst

AMD stock slumps 7% on earnings miss, China AI chip concerns

Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019. Shares of Advanced Micro Devices slumped more than 7% after the chipmaker's earnings fell short of earnings expectations and raised concerns about the timing of a restart in China shipments. The Santa Clara, California-based company reported adjusted earnings of 48 cents per share, falling short of the 49 cents per share expected by analyst

AMD stock slumps 5% on earnings miss, China AI chip concerns

Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019. Shares of Advanced Micro Devices slumped more than 5% after the chipmaker's earnings fell short of earnings expectations and raised concerns about the timing of a restart in China shipments. The Santa Clara, California-based company reported adjusted earnings of 48 cents per share, falling short of the 49 cents per share expected by analyst

Meta slated to reported second-quarter earnings after the bell

Meta is set to report its second-quarter earnings on Wednesday, with analysts eyeing any changes to the company's costs and related guidance amid CEO Mark Zuckerberg's recent artificial intelligence hiring blitz. Here's what analysts polled by LSEG are expecting: Earnings per share : $5.92 expected : $5.92 expected Revenue: $44.8 billion expected Investors are likely to be monitoring any comments from Zuckerberg about his company's recent spending on AI and how that technology might benefit

Microsoft set to report earnings after the close

Microsoft CEO Satya Nadella speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on , April 4, 2025. Microsoft is scheduled to report fiscal fourth-quarter results after markets close on Wednesday. Here's what analysts are expecting, according to LSEG consensus: Earnings per share: $3.37 $3.37 Revenue: $73.81 billion The estimates imply around 14% year-over-year revenue growth for Microsoft, the world's No. 2 company by marke

Tesla investors are growing wary of Elon Musk's futuristic promises

Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. At Tesla , vehicle sales are slumping, profits are thinning and revenue from regulatory credit sales are poised to dry up due to Republican-led policy changes. In the past, CEO Elon Musk's futuristic promises have convinced investors to look past top and bottom line numbers. Not now. Following another fairly dismal earnings report this week, M

Wall Street is upbeat on tech megacaps, but big questions loom on AI spending, China, Trump tariffs

In this article AAPL AMZN MSFT META TSLA GOOGL Follow your favorite stocks CREATE FREE ACCOUNT Mark Zuckerberg, CEO of Meta Platforms Inc.; from left, Lauren Sanchez; Jeff Bezos, founder of Amazon.com Inc.; Sundar Pichai, CEO of Alphabet Inc.; and Elon Musk, CEO of Tesla Inc., during the 60th presidential inauguration in the rotunda of the U.S. Capitol in Washington, D.C., on Jan. 20, 2025. Julia Demaree Nikhinson | Bloomberg | Getty Images As Alphabet and Tesla get set to kick off the te

Block leads rebound in fintech stocks as analysts downplay JPMorgan data fee risk

Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on "Social Media's Role in Promoting Extremism and Misinformation" in Washington, U.S., March 25, 2021. Block jumped more than 5% on Monday, leading a rally in shares of fintech companies as analysts downplayed the threat of JPMorgan Chase's reported plan to charge data aggregators for access to customer financial information. The recovery fol

Elon Musk Asks Analyst Pointing Out Tesla Issues to "Shut Up"

He's not thrilled, y'all. Expert Advice Amid Tesla's latest CEO-flavored downturn, Elon Musk is now hurling insults at a prominent stock analyst. Earlier in the day, Wedbush analyst and Tesla fan Dan Ives posted on X with a few stark but reasonable recommendations to keep the electric vehicle company afloat and its investors happy to boot. Those suggestions — a new pay package, an xAI merger, and oversight on how much time Musk spends at Tesla and his outside "political endeavors" — clearly

Apple looking to make 'premium' priced folding iPhones starting next year, analyst says

People look at iPhones at the Apple Fifth Avenue store in New York City, U.S., May 23, 2025. Apple has plans to make a folding iPhone starting next year, reliable analyst Ming-Chi Kuo said on Wednesday. Kuo said that Apple's folding phone could have a display made by Samsung Display, which is planning to produce as many as 8 million foldable panels for the device next year. However, other components haven't been finalized, including the device's hinge, Kuo wrote. He expects it to have "premium

AMD shares rise 9% after analysts say they expect a 'snapback' for chipmaker

Shares of Advanced Micro Devices rose nearly 9% on Monday after analysts at Piper Sandler lifted their price target on the stock on optimism about the chipmaker's latest product announcement. The analysts said they see a snapback for AMD's graphics processing units, or GPUs, in the fourth quarter. That's when they expect the chipmaker to be through the bulk of the $800 million in charges that AMD said it would incur as a result of a new U.S. license requirement that applies to exports of semico

AMD shares rise 10% after analysts say they expect a 'snapback' for chipmaker

Shares of Advanced Micro Devices rose nearly 10% on Monday after analysts at Piper Sandler lifted their price target on the stock on optimism about the chipmaker's latest product announcement. The analysts said they see a snapback for AMD's graphics processing units, or GPUs, in the fourth quarter. That's when they expect the chipmaker to be through the bulk of the $800 million in charges that AMD said it would incur as a result of a new U.S. license requirement that applies to exports of semic

Former Wall Street analyst building market AI on why stock pickers won't go extinct

watch now Wall Street isn't immune from the plot line that has generative AI resulting in wholesale knowledge worker replacement. A new tool from AlphaSense, called Deep Research, won't provide any comfort. The generative AI agent functions like a team of analysts operating at what AlphaSense calls "superhuman speed," generating research and market insights, and building investment-grade briefings. But Jack Kokko, AlphaSense CEO and a former Morgan Stanley analyst and Wharton School MBA, isn't