Category: Top Story

Shares of Super Micro Computer Inc (NASDAQ:SMCI) tumbled nearly 10% in premarket trading Wednesday after the server maker posted fiscal first-quarter results that missed expectations on both earnings and revenue, even as it raised its outlook for the current quarter and full year. The disappointing figures sparked concerns about near-term execution and demand stability, though…

Shares of Advanced Micro Devices (NASDAQ:AMD) edged lower in U.S. premarket trading on Wednesday, as the chipmaker’s robust quarterly results were overshadowed by growing concerns about lofty technology valuations. AMD, whose stock has more than doubled in 2025, continues to cement its position as a key challenger to Nvidia (NASDAQ:NVDA) in the rapidly expanding artificial…

Oil prices slipped on Wednesday, extending losses from the previous session as a stronger U.S. dollar and a global market downturn weighed on investor sentiment. Traders also focused on fresh supply signals from major producers. At 07:06 GMT, Brent crude futures were down 6 cents, or 0.09%, at $64.38 a barrel, while U.S. West Texas…

Gold prices rebounded in Asian trading on Wednesday as investors sought safety amid renewed volatility across global equity markets. The move came ahead of key U.S. employment data expected to shed light on the Federal Reserve’s next policy steps. By 00:47 ET (05:47 GMT), spot gold advanced 0.9% to $3,966.56 per ounce, while U.S. gold…

The U.S. dollar eased marginally on Wednesday, consolidating near its recent multi-month highs as investors awaited fresh labor market data for direction. The greenback remained underpinned by safe-haven demand and fading expectations for additional Federal Reserve rate cuts this year. At 04:25 ET (09:25 GMT), the Dollar Index — which tracks the currency against six…

Hertz Global Holdings (NASDAQ:HTZ) shares surged 15% in premarket trading after the car rental company delivered its first quarterly profit in two years, supported by tighter cost controls, higher vehicle utilization, and a modernized fleet mix. For the third quarter, revenue rose to $2.5 billion, up from $2.41 billion in the same period last year…

Meta Platforms Inc. (NASDAQ:META) has officially released a dedicated WhatsApp app for Apple Watch, giving users the ability to manage conversations and calls without needing to access their iPhone. The new app includes several core features such as call notifications, allowing users to see who is calling directly on their watch, and the ability to…

U.S. Steel Corporation (NYSE:X) has unveiled a comprehensive multi-year growth plan developed in partnership with Nippon Steel, outlining approximately $14 billion in capital investments across the United States — with $11 billion expected to be deployed by the end of 2028. The collaboration is projected to generate around $3 billion in total value, including $2.5…

Uber Technologies Inc. (NYSE:UBER) shares tumbled over 8% on Tuesday, as investors focused on the company’s softer earnings guidance for the fourth quarter, which outweighed its strong third-quarter results that topped analyst forecasts. For the third quarter, Uber reported earnings per share of $1.20, beating consensus estimates of $0.69 by a wide margin. Revenue climbed…