Category: Top Story
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Target tops first-quarter expectations and lifts annual sales outlook (TGT)
Target Corporation (NYSE:TGT) shares rose around 1.4% in premarket trading on Wednesday after the retailer posted first-quarter results that came in ahead of Wall Street forecasts. The company reported earnings per share of $1.71, outperforming analyst expectations of $1.46, while revenue reached $25.44 billion, above consensus estimates of $24.66 billion. Sales growth strengthens across stores…
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Google expands AI push at I/O with enterprise-focused Gemini upgrades and smarter search tools
Alphabet Inc.’s Google (NASDAQ:GOOG) on Tuesday introduced a range of new artificial intelligence tools at its annual I/O developer conference, including AI agents integrated directly into Search and a faster, lower-cost Gemini model aimed at enterprise customers. The announcements come as Google intensifies competition with rivals including Anthropic and OpenAI in the race to attract…
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Meta proposes limited free WhatsApp access for rival AI chatbots in Europe (META)
Meta Platforms, Inc. (NASDAQ:META) has proposed granting competing artificial intelligence chatbots, including those developed by OpenAI, limited free access to WhatsApp in Europe before introducing charges once usage thresholds are exceeded, according to two people familiar with the matter. The previously undisclosed proposal comes as Meta attempts to ease mounting pressure from European Union regulators,…
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U.S. futures steady as investors monitor Iran conflict and await Nvidia results: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock futures traded close to flat on Wednesday as investors weighed inflation concerns linked to the Iran conflict while preparing for closely watched quarterly earnings from NVIDIA Corporation (NASDAQ:NVDA), which are expected to provide fresh insight into the strength of the artificial intelligence sector. By 03:32 ET, futures linked to the Dow Jones Industrial…
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Bond Yields Hit Multi-Decade Highs, Dragging Stocks Lower
Stocks fell across the board Tuesday as surging long-term Treasury yields rattled investors and a broad selloff in semiconductor shares pulled the technology sector sharply lower. The S&P 500 posted its third consecutive losing session, and all three major indexes finished in the red as the 30-year Treasury yield climbed to its highest level in…
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Software stocks extend rebound as ServiceNow and Salesforce move higher
Investors return to software sector after prolonged weakness U.S. software stocks continued to recover in premarket trading on Tuesday, adding to recent gains as investors reassess the outlook for enterprise software companies following months of pressure on the sector. Concerns had grown in recent months that artificial intelligence could weaken the business models of traditional…
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Futures signal weaker Wall Street open as tech sector faces renewed pressure: Dow Jones, S&P, Nasdaq
U.S. stock futures point lower ahead of trading session U.S. stock futures traded in negative territory on Tuesday morning, indicating Wall Street could open lower as investors remain cautious following Monday’s mostly weaker close despite a late-session recovery. Technology shares are expected to remain under pressure amid growing concerns over elevated valuations after the sector’s…
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A Major Digital Transformation Is Reshaping U.S. Healthcare, And One Emerging Company Is Well Positioned to Benefit
The U.S. healthcare system is undergoing a powerful modernization wave, driven by the need for greater efficiency, automation, and transparency. Across hospitals, insurers, employers, and benefit administrators, organizations are increasingly investing in technology platforms that simplify complex workflows and improve healthcare operations. Industry experts continue to point toward healthcare infrastructure software as one of the…
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Home Depot beats quarterly forecasts as consumer demand holds steady (HD)
Home Depot Inc. (NYSE:HD) reported first-quarter earnings and revenue ahead of Wall Street expectations, helping lift the company’s shares about 1% in premarket trading on Tuesday. The home improvement retailer posted adjusted earnings of $3.43 per share, topping analyst forecasts of $3.41 per share. Quarterly revenue came in at $41.77 billion, above the consensus estimate…
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Google and Blackstone to launch AI cloud venture backed by $5 billion investment as shares gain (GOOGL)
New AI infrastructure company to use Google-designed chips Alphabet’s (NASDAQ:GOOGL) Google and Blackstone Inc (NYSE:BX) announced plans on Tuesday to create a new artificial intelligence cloud computing company powered by Google’s proprietary AI chips, lifting shares of both companies in premarket U.S. trading. In a joint statement, the companies said Blackstone will invest $5 billion…