Super Micro Computer Inc. is still seeing fantastic revenue growth, thanks to the AI boom, but…
Category: News
Lumen’s stock soars further as fiber company boosts forecast on key metric
The telecommunications and fiber company now expects $1.0 billion to $1.2 billion in free cash flow…
Rivian’s quarterly loss balloons, but EV maker says gross profit is within sight
Rivian Automotive Inc. late Tuesday reported quarterly results that were largely in line with expectations, with…
Tripadvisor unveils mixed quarter, with 1% revenue growth, and stock sinks
Shares of Tripadvisor Inc. fell in the extended session Tuesday after the online travel company reported…
Instacart shares rally on a forecast boosted by restaurant orders
Shares of Maplebear Inc. — the online grocery-delivery company better known as Instacart — jumped in…
Palantir’s stock surges as ‘unrelenting’ AI demand fuels earnings beat
Palantir easily cleared revenue expectations for its latest quarter in what executives said was validation of…
Lucid gets $1.5 billion lifeline from Saudi Arabia, Wall Street cheers ‘liquidity cushion’
EV maker gets $1.5 billion from Saudi Arabia’s sovereign wealth fund, and says it has enough…
Chegg follows Udemy in calling for tougher times ahead for edtech companies
Chegg called for lower-than-expected current-quarter revenue as it lost subscribers.
ZoomInfo stock falls after forecast cut, and changes to CFO and board
ZoomInfo Technologies Inc. on Monday cut its full-year forecast and announced changes to its board and…
Shares of Hims & Hers, known for hair-loss treatments and Viagra, rise amid market panic
The company on Monday bumped its full-year sales forecast higher, and its second-quarter results beat expectations.…
Google’s loss in antitrust case will have industry-wide ramifications
“It’s a whopper,” one law-school professor said. “It goes to the heart of some of the…
Could not Resist the Temptation – Added DBS and AEM
The market experienced a bloody Monday. It could be triggered by any of these reasons: mounting…