Category: Top Story
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Amazon shares dip as heavy AI spending overshadows strong cloud rebound
Amazon.com (NASDAQ:AMZN) shares fell 2.6% in after-hours trading Wednesday, even as the company delivered record profits, with investor sentiment weighed down by a sharp increase in infrastructure investment. The tech giant posted earnings per share of $2.78, far exceeding the $1.63 consensus estimate, while revenue reached $181.5 billion, ahead of the $177.13 billion expected by…
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Fed Holds Steady Amid Historic Dissent as Wall Street Awaits Big Tech Earnings Blitz
U.S. stocks finished mixed on Wednesday as investors digested a contentious Federal Reserve rate decision, rising oil prices tied to the Iran standoff, and a massive wave of after-hours earnings from four of the Magnificent Seven. The Dow Jones Industrial Average extended its losing streak to five sessions, weighed down by energy-driven inflation fears, while…
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Fed Decision Looms, Tech Earnings Could Drive Volatile Session: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock index futures are pointing to a largely flat open on Wednesday, suggesting markets may struggle to find direction following the previous session’s pullback. Investors appear cautious ahead of the Federal Reserve’s latest policy decision due later in the day. According to CME Group’s FedWatch Tool, markets are pricing in a 100% probability that…
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Visa Shares Jump 5% After Q2 Earnings Beat Expectations
Visa Inc. (NYSE:V) reported second-quarter results that came in ahead of analyst forecasts, with both earnings and revenue surpassing expectations as strong transaction volumes continued to support performance. Shares rose more than 5% in premarket trading on Wednesday following the release. The company posted adjusted earnings per share of $3.31 for the fiscal second quarter,…
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Tesla Plans International Expansion of FSD Software Rollout
Tesla (NASDAQ:TSLA) announced on Tuesday that it intends to extend availability of its Full Self-Driving (FSD) software to more international markets, following the expected U.S. launch of its V14 Lite version for vehicles equipped with HW3 hardware. The company said the update is designed to ensure continued software support for HW3 vehicle owners, even as…
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Starbucks Gains After Upgrading Outlook as Turnaround Momentum Builds
Starbucks (NASDAQ:SBUX) lifted its full-year 2026 guidance on Tuesday, raising expectations for both comparable-store sales growth and adjusted earnings per share, as CEO Brian Niccol continues to push forward a turnaround strategy that is attracting more customers back to stores. The company now expects comparable store sales to grow by at least 5.0% in fiscal…
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Markets Steady Ahead of Fed Decision and Key Tech Earnings: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. equity futures were slightly higher on Wednesday but remained close to flat, as investors braced for a wave of major announcements that could influence market direction. The Federal Reserve is widely expected to leave interest rates unchanged, though reports suggest it may adopt a more hawkish tone in its policy statement. At the same…
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OpenAI Revenue Concerns Drag Tech Stocks Lower, Offset Earnings Strength From GM and Coca-Cola
U.S. stocks closed lower on Tuesday as a leaked internal report from OpenAI rattled the artificial intelligence trade and sent semiconductor and cloud-infrastructure names sliding. The selloff was concentrated in technology, where fears about the sustainability of AI spending overwhelmed an otherwise solid batch of corporate earnings. Defensive pockets of the market held up better,…
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Nomadar Adds NBA Veteran José Calderón to Board — Strategic Move to Boost Global Growth Narrative?
The appointment of a high-profile global athlete and investor could signal Nomadar’s push to strengthen institutional credibility and accelerate its European expansion strategy. NOMA Stock Gets Strategic Boost with High-Profile Board Appointment José Manuel Calderón is joining the Board of Nomadar Corp. (NASDAQ:NOMA), and for investors, this isn’t just a headline—it’s about positioning. The move…
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Breaking the Bottleneck: How Optical Innovation Is Powering the Next Era of AI
Artificial Intelligence is advancing at an extraordinary pace, but behind the scenes, a quieter challenge is emerging. As AI models grow more powerful, traditional hardware infrastructure is being pushed to its limits. The question facing the industry is no longer just about processing power, but about how to move vast amounts of data faster, more…