Financial
Analysts Warn Oracle's Debt and OpenAI Ties Pose Risks to AI Expansion
SAN FRANCISCO — Financial analysts are raising alarms that Oracle Corp. could become a critical vulnerability in the artificial intelligence sector, citing the company's heavy debt load and deepening ...
Sands Capital Select Growth Fund Highlights Intercontinental Exchange in Q2 Investor Letter
NEW YORK (AP) — Sands Capital Select Growth Fund disclosed on Wednesday that Intercontinental Exchange Inc. remains a cornerstone holding as the firm outlined its second-quarter performance and invest...
U.S. Stocks Mixed as Oil Prices and Bond Yields Fuel Inflation Concerns
NEW YORK — U.S. stock markets opened mixed on Wednesday, with financial services shares advancing while technology stocks remained largely flat, as investors grappled with persistent inflationary pres...
Baron Capital Highlights CrowdStrike's AI Strategy in Second-Quarter Fund Review
NEW YORK — Baron Capital released its second-quarter 2026 investor letter for the Baron Global Opportunity Fund on Thursday, detailing the firm's continued confidence in cybersecurity leader CrowdStri...
Trader Closes $36 Million Microsoft Call Spreads Amid Azure Growth and Capital Spending Concerns
SAN FRANCISCO — A major market participant closed two long-dated bullish call spread positions on Microsoft Corp. shares for a combined credit of approximately $36 million, signaling a shift in sentim...
Hotchkis & Wiley Q2 Letter Highlights Alphabet Holdings Amid Market Review
NEW YORK — Hotchkis & Wiley Global Value Fund released its second-quarter 2026 investor letter on Wednesday, detailing the fund's performance and reaffirming a significant position in Alphabet Inc. Th...
FuelCell Energy Shares Slide 13% as Losses Outweigh Data Center Deal
DANBURY, Conn. — FuelCell Energy Inc. shares fell 13 percent in early trading Tuesday after the clean energy company reported fiscal third-quarter results for 2026 that revealed widening losses, overs...
Sands Capital Releases Q2 2026 Investor Letter for Select Growth Fund
NEW YORK — Sands Capital released its second-quarter 2026 investor letter for the Select Growth Fund on Wednesday, providing shareholders with an update on portfolio performance and strategic position...
Baron Capital Exits Wix.com Stake Citing Core Business Deceleration
NEW YORK (AP) — Baron Capital has exited its position in Wix.com Ltd., the Israeli-based website builder, citing a slowdown in the company's established core business that undermined the investment fi...
StealthGas Reports Q2 Profit Despite Revenue Decline and Fleet Reduction
HOUSTON — StealthGas Inc. reported a second-quarter net income of $17.3 million, or $0.46 per share, on Tuesday, maintaining profitability even as the company navigated lower revenue and a reduced ope...
Sprinklr Reports Flat Q2 Revenue as Company Pursues Operational Transformation
NEW YORK — Sprinklr, Inc. reported second-quarter fiscal 2027 revenue of $213.7 million on Tuesday, marking a 1 percent increase from the same period last year. The enterprise software provider, which...
PG&E Board Cuts $2 Billion from Capital Plan Amid Failed Wildfire Reform
OAKLAND, Calif. — Pacific Gas & Electric Co. announced Tuesday that its board of directors has authorized a comprehensive strategic review and reduced its 2027 capital investment plan by $2 billion. T...
Artisan Partners Releases Second-Quarter 2026 Commentary for Global Opportunities Strategy
CHICAGO — Artisan Partners released its second-quarter 2026 investor commentary for the Artisan Global Opportunities Strategy on Wednesday, providing an update on portfolio positioning and market outl...
Chevron Commits $7 Billion to Double Venezuelan Output Amid Market Skepticism
HOUSTON (AP) — Chevron Corp. announced Tuesday a $7 billion investment plan aimed at doubling oil production in Venezuela over the next five years, marking a significant expansion of its operations in...
Rosenblatt Raises MongoDB Price Target Despite Stock Dip on Cloud Growth Concerns
NEW YORK — Rosenblatt Securities raised its price target on MongoDB Inc. shares on Wednesday, reaffirming a Buy rating after the database software company reported strong second-quarter fiscal 2027 re...
High-Beta Software Stocks Retreat Ahead of Earnings as Investors Trim Positions
SAN FRANCISCO — Shares of major cloud computing and cybersecurity firms declined on Wednesday as investors executed profit-taking moves ahead of a critical earnings season, signaling a shift in sentim...
Cramer Highlights Dell as Top Stock Following Surprising Quarterly Gains
NEW YORK — Jim Cramer has identified Dell Technologies as a leading stock to watch following the company's strongest quarterly performance of the year, driving shares up nearly 8% in premarket trading...
Dutch Central Bank Relocates 86 Tons of Gold Reserves to London Amid Rising Geopolitical Tensions
LONDON — The Dutch central bank has completed the transfer of 86 tonnes of gold reserves from storage facilities in New York and Ottawa to its vaults in London, a strategic move driven by escalating g...
Dell Shares Surge Nearly 10% as AI Server Demand Drives Massive Forecast Hike
ROUND ROCK, Texas — Dell Technologies shares climbed nearly 10% in premarket trading on Tuesday following the company's announcement of a dramatic upward revision to its annual financial outlook, driv...
Piper Sandler Upgrades Amazon Outlook, Citing Capital Efficiency Edge Over Rivals
NEW YORK (AP) — Piper Sandler reiterated an Overweight rating on Amazon.com Inc. shares on Tuesday, setting a price target of $320 as the investment bank highlighted the e-commerce and cloud giant's s...
BofA Raises Microsoft Price Target to $600 on AI Infrastructure Gains
NEW YORK — Bank of America Securities raised its price target for Microsoft Corp. to $600 per share on Wednesday, citing robust fourth-quarter results for 2026 driven by surging demand for cloud compu...
DA Davidson Maintains Neutral Rating on Elastic Despite Earnings Beat
NEW YORK — DA Davidson maintained a Neutral rating on shares of Elastic N.V. on Wednesday, citing execution risks and concerns regarding the sustainability of recent growth, even as the search and obs...
Coatue Management Expands Stakes in Micron and Amazon Amid AI Infrastructure Push
NEW YORK — Coatue Management significantly increased its holdings in Micron Technology Inc. and Amazon.com Inc. during the second quarter, a strategic move by fund manager Philippe Laffont to capture ...
Tiger Global Shifts AI Strategy by Trimming Alphabet Stake to Boost AMD Position
NEW YORK — Tiger Global Management, the prominent New York-based hedge fund, executed a strategic realignment of its second-quarter portfolio this week, significantly reducing its holdings in Alphabet...
Gold Options Trader Nets $58 Million Profit Amid Market Volatility
NEW YORK — A major market participant executed a sophisticated options strategy on Tuesday, securing a net profit of approximately $58 million by selling upside potential on the SPDR Gold Shares ETF (...
NVIDIA Invests $2 Billion in Coherent Corp. to Secure AI Optics Supply
SAN JOSE, Calif. — NVIDIA Corporation announced on Wednesday a $2 billion investment in Coherent Corp., marking a significant expansion of their strategic partnership to address the surging demand for...
Brookfield and Bloom Energy Expand AI Power Framework to $25 Billion
NEW YORK — Brookfield Asset Management Ltd. and Bloom Energy Corporation announced on Tuesday a major expansion of their joint artificial intelligence infrastructure framework, increasing the commitme...
Banner Corporation Finalizes Acquisition of Pacific Financial to Expand Western U.S. Footprint
SEATTLE — Banner Corporation completed its acquisition of Pacific Financial Corporation on Tuesday, securing control of the lender and its subsidiary, Bank of the Pacific, in a move designed to solidi...
Rising Treasury Yields Cast Shadow Over Wall Street's Record Rally
NEW YORK — U.S. stock investors are growing increasingly wary as a sharp rise in Treasury yields threatens to derail Wall Street's historic rally. The benchmark 10-year Treasury yield is approaching c...
SpaceX and CoreWeave Eye Clash in AI Infrastructure Market
SAN FRANCISCO (AP) — A new competitive dynamic is emerging in the artificial intelligence infrastructure sector as SpaceX positions itself to challenge specialized providers like CoreWeave for dominan...