IBM CEO Arvind Krishna said Thursday investors won't have to wait much longer for quantum computing to become a meaningful business for the technology company known for its mainframes and enterprise software.
Reddit reported second-quarter earnings on Thursday that beat on the top and the bottom lines, and the company issued guidance that sailed past expectations.
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Morgan Stanley is the lead banker engaging in advanced talks to lend $15 billion to Nexus Data Centers to build out a large artificial intelligence infrastructure project for Anthropic, CNBC confirmed on Thursday.
The dollar index (DXY00) tumbled to a 6-week low on Thursday and finished down by -0.99%. The dollar retreated on Thursday’s US economic news that showed Q2 GDP growing less than expected and the Jun core PCE prices ind…
The S&P 500 Index ($SPX) (SPY) today is up +0.86%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +2.65%. September E-mini S&P futures (ESU26) are up +0.84%, an…
Apple and Amazon both released their second quarter earnings on Thursday, a test of investor confidence in major tech companies amid growing concerns over exorbitant AI spending.
The S&P 500 Index ($SPX) (SPY) today is up +1.12%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.64%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +2.69%. September E-mini S&P futures (ESU26) are up +1.09%, an…
Rivian Automotive reduced its 2026 spending plans and slightly narrowed its previously forecast losses this year as the company reported second-quarter results Thursday.
Cocoa prices are moving lower today and are just above Tuesday’s 3.5-week lows. Cocoa prices have been under pressure over the past two weeks and posted 3.5-week lows on Tuesday on signs of larger global cocoa supplies …
Shares of Jersey Mike's fell about 7% during trading on Thursday afternoon after the company made its public market debut on the New York Stock Exchange under the ticker "JMKE."
European soccer governing body UEFA said Thursday it will boycott FIFA competitions including the World Cup if the global organization goes through with its proposal to sell a stake to private investors.
Azure and other cloud services expanded 43% with total intelligent cloud revenue reaching $39.3 billion, a 32% gain, and Azure crossed $100 billion in annual revenue for the first time in the company’s history. Microsof…
The Federal Reserve held its benchmark interest rate steady on Wednesday, but three Fed presidents dissented, highlighting the pressure building on the central bank to confront stubbornly elevated inflation.
The sector rose 5.24%, the strongest performance of any group on the session, generating a rising tide that is pulling high-beta names including Tesla meaningfully higher. Consumer Discretionary, the sector where Tesla …
Some of America's biggest technology companies are pushing Washington to make open artificial intelligence a national priority as China continues to build its lead in the space.
For more than three years, the evolution of artificial intelligence (AI) has been the stock market's leading catalyst. The capacity for software and systems to make split-second decisions without human oversight, and th…
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