Amazon (AMZN) CEO doubles AWS revenue forecast to $600B on AI momentum, but projected growth trails current rate. Stock gains modest after announcement.
Browsing: Stocks
Jabil (JBL) exceeds Q2 expectations with $2.69 EPS and $8.3B revenue, driven by cloud demand. Company raises FY2026 guidance significantly.
Apple (AAPL) slashes App Store fees to 25% in China as CEO Tim Cook visits Chengdu. Regulators push for more changes as iPhone 17 gains traction.
JPMorgan picks Shell, TotalEnergies, Eni, and Galp as top oil stocks as Brent crude tops $104 amid Iran conflict and Strait of Hormuz shipping disruptions.
TotalEnergies (TTE) stock advances following bullish analyst updates. TD Cowen upgrades to Buy with $97 target, citing strong free cash flow prospects.
Macy’s (M) stock rallied 9% after Q4 earnings topped estimates at $1.67 per share, though full-year guidance fell short on tariff worries.
Palladyne AI (PDYN) stock surged 13% after GuideTech won a Navy contract to develop the ALRRM near-hypersonic missile capable of exceeding Mach 4.0 speeds.
Alibaba (BABA) stock jumps 4.2% after announcing AI chip price hikes up to 34%, launching Wukong platform, and creating new Token Hub business division.
General Mills (GIS) stock drops 0.8% after missing Q3 earnings expectations with 64-cent EPS and a 3% decline in organic sales. Full-year outlook remains weak.
Citi upgrades Netflix (NFLX) to Buy with $1,115 target, highlighting margin expansion, Q4 2026 US price hike expectations, and increased buyback potential.
Gold trades near $5,000 as the Federal Reserve meets. Learn how Powell’s rate decision and Middle East conflict could shape gold’s path to $6,000 and beyond.
Microsoft threatens legal action against OpenAI and Amazon over a $50B AWS deal that may breach its Azure exclusivity agreement. Negotiations underway.
Carnival (CCL) stock edges up 1.50% to $25.09 after oil-driven decline. Stifel maintains Buy rating with $35 target ahead of Q1 earnings amid fuel concerns.
Rocket Lab (RKLB) stock rose 10.2% to $78.59 as the company confirmed two upcoming Electron launches. BofA maintains $120 price target on shares.
Swarmer (SWMR) shares exploded 700% during March 17 IPO, climbing from $5 to $40 before settling at $31 as drone sector enthusiasm hits fever pitch.