Category: Top Story
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Alphabet Poised to Hit $4 Trillion Valuation as AI-Fueled Rally Accelerates
Alphabet (NASDAQ:GOOG) is on track to potentially join the exclusive $4 trillion market-cap club on Tuesday, with the Google parent’s shares climbing more than 4% in premarket trading. The sharp premarket move puts the tech giant within striking distance of the milestone as soon as the opening bell. The company’s rapid ascent reflects a year-long…
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Alibaba Beats Revenue Expectations as AI-Powered Cloud Business Delivers Strong Quarter
Alibaba (NYSE:BABA) reported stronger-than-expected second-quarter revenue, driven by a solid performance from its cloud division, which has been increasingly enhanced by artificial intelligence capabilities. The company has been aggressively investing in AI to accelerate growth across both its cloud and consumer businesses, committing billions of yuan to new models and infrastructure as it seeks to…
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Zoom Raises Full-Year Profit Outlook, Shares Gain in Premarket Trading
Zoom Video Communications (NASDAQ:ZM) boosted its annual earnings guidance after delivering stronger quarterly revenue and profit, supported by continued expansion in its enterprise segment and disciplined cost management. The stock climbed roughly 3% in U.S. premarket trading on Tuesday. During its fiscal third quarter, Zoom reported adjusted earnings of $1.52 per share, surpassing analyst expectations…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Markets Eye Fresh U.S. Data, Fed Signals, and Upcoming Dell Earnings
U.S. equity futures slipped early Tuesday as traders positioned themselves for a wave of delayed economic releases. A wide set of reports—including retail sales and producer price data—will give investors fresh insight into the state of the economy, while Federal Reserve officials continue to debate the direction of interest rates. Meanwhile, Google (NASDAQ:GOOG) is said…
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Tesla’s European Sales Nearly Halve in October as BYD Pulls Ahead
Tesla’s performance in Europe weakened sharply in October, with registrations almost cut in half compared with last year. Meanwhile, China’s BYD continued its rapid ascent, outselling Tesla and securing a larger share of the regional market. Fresh data from the European Automobile Manufacturers Association (ACEA) shows that Tesla Inc. (NASDAQ:TSLA) logged 6,964 new registrations across…
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Nel facing a shutdown? JinkoSolar weak! NEO Battery Materials’ Next big moves!
Will the lights soon go out at Nel? After weak figures, the share price briefly rebounded. However, that rally has already faded, with the all-time low back in focus. Orders are seemingly being ignored by investors. The shares of NEO Battery Materials appear interesting for investors with a bit of patience. It is likely only…
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Amazon’s Global Data Center Network Surpasses 900 Sites, Far Exceeding Previous Estimates
Amazon.com Inc. (NASDAQ:AMZN) operates a far larger cloud infrastructure than widely assumed, with Amazon Web Services (AWS) running more than 900 facilities in over 50 countries, according to a Bloomberg report on Monday based on internal documents and findings from investigative outlet SourceMaterial. Although AWS is best known for its sprawling data center campuses in…
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Five Market Themes to Watch in the Week Ahead
The coming week will be shaped by a heavy slate of delayed U.S. economic data releases, a midweek Thanksgiving pause in trading, renewed attention on peace talks between the U.S. and Ukraine, and the U.K.’s closely watched Autumn Budget. Here are the key developments investors will be monitoring: 1. U.S. Retail Sales Take Center Stage…
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Dow Jones, S&P, Nasdaq, Wall Street, Futures Edge Higher as Markets Track Fed Rate Path and Ukraine Peace Efforts
U.S. equity futures crept upward on Monday, with investors fixated on the Federal Reserve’s upcoming policy decision and the latest developments in U.S.–Ukraine talks over a possible peace framework with Russia. Oil prices eased, while earnings from Agilent (NYSE:A) and reports of Lenovo stockpiling memory chips underscored ongoing tensions in AI-driven supply chains. Futures Tick…
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iPhone 17 lead times stay elevated as strong demand outpaces supply: JPMorgan
Apple’s (NASDAQ:AAPL) iPhone 17 range continues to experience unusually long wait times, with JPMorgan noting that consumer demand is still running ahead of available supply as the latest product cycle unfolds. In its Week 10 Apple Product Availability Tracker, analyst Samik Chatterjee reported that delivery estimates across the lineup “remained unchanged, modestly better than a…