American Airlines (AAL) stock opened in the red this morning as lowered profit estimates, volatile jet fuel prices, and lingering margins concerns tempered an otherwise market-beating Q2 release. Investors are bailing on AAL also because its net income came in down sharply (88%) on a year-over-year basis even though revenue popped more than 16% versus
Nvidia (NVDA) shares fell in trading on Thursday even after Alphabet raised its capital expenditure guidance for 2026, as investors appeared to rotate toward memory and semiconductor specialists instead of the largest technology stocks. Nvidia stock declined 2.18% in trading, snapping a 3-day winning streak, while Micron Technology and SK Hynix rose 2.5% and 2.8%,
Alphabet Inc (GOOGL) is in focus on Thursday morning after Thomas Kurian, the chief executive of Google Cloud, said existing customer are pumping in about 50% more than their initial spending commitments. Kurian’s remarks in an interview with the Mad Money host Jim Cramer follow GOOGL’s blowout second-quarter (Q2) earnings, featuring a whopping 82%
QuantumScape (QS) stock is under immense pressure on July 23 after the solid-state lithium metal batteries specialist posted earnings for its second financial quarter. While the company technically beat bottomline estimates on paper, a deeper dive into the quarterly release reveals a few major negatives that are leading to bearish sentiment this morning. The Q2
Alphabet’s latest earnings report has renewed optimism for companies like Lumentum supplying optical networking and data center components, even as investors scrutinize the rising cost of artificial intelligence infrastructure. While some investors focused on Alphabet’s higher capital expenditure plans, Stifel analysts said the company’s results reinforced expectations that AI infrastructure spending remains robust. “The first
Amazon.com Inc. (AMZN) shares fell about 4% in trading on Thursday after a report said a US Senate panel is investigating whether the company allowed China to exert undue influence over its online marketplace. According to Bloomberg, Republican staff members on the Senate Small Business Committee have been examining potential “Amazon negligence related to Chinese
Advanced Micro Devices (AMD) and Cerebras Systems (CBRS) have announced a technical partnership to develop a disaggregated artificial intelligence inference solution, combining AMD’s Helios rackscale AI infrastructure with Cerebras’ Wafer-Scale Engine technology. The companies unveiled the offering at Advancing AI 2026, saying the joint solution is designed to meet the growing demand for AI infrastructure
Escalating tensions between the US and Iran kept geopolitical risks in focus as President Donald Trump threatened further military action and warned of consequences for Houthi attacks on shipping. Meanwhile, technology stocks suffered steep losses after Alphabet and Tesla earnings heightened concerns over AI spending. Gold prices retreated as rising oil prices and Treasury yields
US stocks ended sharply lower on Thursday as a surge in oil prices, escalating geopolitical tensions in the Middle East, and disappointing reactions to earnings from Alphabet and Tesla weighed heavily on investor sentiment. The Dow Jones Industrial Average fell 507 points, or 1%, while the S&P 500 declined 1.2%. The Nasdaq Composite led the
Intel stock jumped in the extended hours as the company published strong financial results and boosted its forward guidance. INTC soared to $110, a significant increase from this month’s low of $89.65. What next for these shares? Intel stock jumps after strong earnings INTC shares jumped after the semiconductor giant published strong financial results, helped