Category: Top Story
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Broadcom Shares Slide as Revenue Miss and AI Outlook Disappoint Investors (AVGO)
Broadcom (NASDAQ:AVGO) came under pressure in after-hours trading after reporting second-quarter results that fell slightly short of Wall Street expectations and maintaining its long-term artificial intelligence revenue targets rather than raising them. The semiconductor group reported second-quarter revenue of $22.19 billion, marginally below analysts’ consensus forecast of $22.27 billion. The results arrive as Broadcom continues…
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U.S. Futures Mixed as Middle East Diplomacy, Broadcom Earnings and SpaceX IPO Capture Investor Attention: Dow Jones, S&P, Nasdaq, Wall Street
U.S. equity futures traded in mixed territory on Thursday as investors balanced renewed diplomatic developments in the Middle East against corporate news from major technology companies and the upcoming public debut of SpaceX. By 03:32 ET, Dow Jones futures were up 122 points, or 0.2%, while S&P 500 futures slipped 0.2% and Nasdaq 100 futures…
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Guardian Metal Resources Expands Pilot Mountain Footprint With Discovery of New Tungsten Target (GMTL)
Guardian Metal Resources (AMEX:GMTL) (USOTC:GMTLF) (LSE:GMET) has identified a previously unrecognised tungsten-bearing zone at its wholly owned Pilot Mountain project in Nevada, adding a new area of mineralisation outside the project’s existing resource base. The newly named Tremor Zone was encountered during condemnation drilling carried out to support infrastructure planning for Pilot Mountain’s ongoing pre-feasibility…
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Ontario gold miner secures major investment from Michael Gentile
McFarlane Lake Mining (CSE:MLM), a Canadian junior gold company, will undertake a C$6.75 million non-brokered private placement, including a lead order from Michael Gentile, one of Canada’s most prominent individual mining investors. This article is disseminated in partnership with McFarlane Lake Mining Limited. It is intended to inform investors and should not be taken as a…
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Rising Oil Prices and Treasury Yields Drag Wall Street Lower
U.S. stocks closed broadly lower on Wednesday as a spike in oil prices and rising Treasury yields spooked investors, snapping a nine-session winning streak for the S&P 500. Geopolitical tensions between the U.S. and Iran fueled the surge in crude, raising fresh concerns about inflation just as the market had been building momentum from a…
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AT&T Teams Up With Disney and Pixar on Toy Story 5 Promotional Campaign (T)
AT&T Inc. (NYSE:T) has launched a new marketing partnership with Disney (NYSE:DIS) and Pixar centered on the upcoming release of Toy Story 5, combining original advertising content, retail activations and community-focused events ahead of the film’s theatrical debut on June 19. The campaign is designed to engage families through a mix of in-store experiences, exclusive…
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Macy’s Shares Advance After Strong First-Quarter Results and Improved Full-Year Forecast (M)
Macy’s Inc. (NYSE:M) shares moved higher in premarket trading on Wednesday after the department store operator delivered first-quarter earnings and revenue ahead of expectations while raising its outlook for the remainder of the year. The results suggest the company’s ongoing transformation strategy is beginning to generate measurable improvements across its retail portfolio. Profit and Revenue…
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Macquarie Sees World Cup Boost Driving Betting Growth, Favors Flutter Entertainment (FLUT)
Flutter Entertainment (NYSE:FLUT) stands out as one of the biggest potential beneficiaries of the 2026 FIFA World Cup, according to Macquarie, which expects the expanded tournament to generate a substantial increase in global sports betting activity and provide a meaningful earnings tailwind for leading operators. The investment bank estimates that betting volumes tied to the…
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Meta Fails to Overturn EU Gatekeeper Status for Messenger as Court Delivers Mixed Ruling (META)
Meta Platforms (NASDAQ:META) has lost its bid to challenge the European Union’s decision to classify its Messenger service as a gatekeeper under the Digital Markets Act (DMA), after a ruling by the EU’s General Court in Luxembourg. The judgment reinforces regulatory obligations imposed on the messaging platform and marks another setback for Meta in its…
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Microsoft Unveils AI-Centric Computing Vision with New Devices, Models and Enterprise Tools (MSFT)
Microsoft (NASDAQ:MSFT) used its annual Build developer conference to outline an expansive artificial intelligence strategy, introducing new hardware, software and AI capabilities designed to accelerate the shift toward agent-driven computing. At the event in San Francisco, the technology giant presented a range of initiatives spanning AI-powered workplace assistants, next-generation computing devices, proprietary AI models and…