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Boston University economist Laurence Kotlikoff estimates the 2027 Social Security cost-of-living adjustment at about 3.4%, while AARP projects 3.6%. The official figure is scheduled for release after September inflation data.
PepsiCo said it cut its profit outlook. The update is a factual company guidance change but appears as part of a broader market wrap rather than a standalone breaking release.
Military Ordered To Be Ready For Possible Iran Strikes, Trump Weighs Timing US President Trump Says He Doesn t Really Want Peace Deal Blasts Rattle Riyadh, Saudis Hit By Deadliest Houthi Attacks So Far US NHC Says Storm Isaias Has Become A Hurricane In The Gulf Fed's Waller: More Hikes Needed, But There s 'Flexibility'
Meta Platforms Inc. (NASDAQ: META ) could generate more than $27 billion a year from its month-old Muse personal AI agent by 2030, according to Citigroup Inc. (NYSE: C ), as usage grows and the race to become consumers’ default AI agent intensifies. Muse has topped 6.6 million downloads since its Sept. 8 launch and rea
Taiwan's Foxconn, a major supplier for Nvidia, reported a 47% year-on-year increase in third-quarter revenue, surpassing market expectations. The growth was significantly fueled by strong demand related to artificial intelligence.
examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks ended the week mixed as a weaker-than-expected September jobs report eased concerns about another Federal Reserve rate hike, helping technology shares rebound. The S&P 500 fell 0.3% for
HIVE Digital Technologies (NASDAQ: HIVE ) held its first-quarter earnings conference call on Monday. Below is the complete transcript from the call. This content is powered APIs. For comprehensive financial data and transcripts, visit View the webcast at Summary HIVE Digital Technologies reported a 73% year-over-year r
Micron Technology (NASDAQ: MU ) stock has traded sideways since July, in line with other leading memory chipmakers. Shares currently trade at $1,015, up 212% year to date. This consolidation could end soon, as the company is set to report its financial results later this month. Micron Technology Earnings to Publish Str
OpenAI, the company behind ChatGPT, expects to burn through $280 billion in cash between 2026 and 2030, mostly on computing power and infrastructure. It projects revenue will climb from $36 billion this year to $350 billion by 2030. According to The Financial Times, the company continues to make substantial losses, as
U.S. stock futures advanced on Thursday, as the Dow Jones, S&P 500 and Nasdaq 100 indices rose, following Wednesday’s lower close. In a unanimous vote, all 12 Federal Open Market Committee members approved a 25-basis-point increase in the federal funds rate, bringing the target range to 3.75%—4.00%. Amid the Middle Eas
John Wiley & Sons said Q1 Research publishing revenue rose 12%, while Learning revenue fell 20%. The company reiterated full-year guidance for mid-single-digit organic revenue growth, adjusted EPS of $4.60 to $5.05 and free cash flow of $205 million.
Snowflake reported fiscal second-quarter revenue of $1.55 billion and adjusted EPS of 62 cents, both above analyst estimates. It also raised third-quarter product revenue guidance and full-year adjusted operating margin outlook.
Nvidia CEO Jensen Huang told Fox Business he disagrees with Bill Gates’ warning that artificial intelligence will permanently wipe out jobs, saying AI will be a net job creator at a scale never seen.
France’s economy narrowly dodges recession after growth was revised down. Spain’s inflation surged beyond 4%, while the French government framed fiscal discipline as a bedrock principle.
Salesforce shares rose as much as 20% after fiscal second-quarter revenue and adjusted EPS beat estimates, the company booked a $2.6 billion gain on its Anthropic stake and raised fiscal 2027 guidance.
Nvidia jumped more than 6% in premarket trading after earnings, while leveraged ETFs tied to the stock rose 13% to 14%.
At Nvidia’s second-quarter earnings call, CEO Jensen Huang said both open and closed AI models are succeeding and driving demand for Nvidia’s computing infrastructure.
Bank of Korea delivered a back-to-back rate increase to 3.00%, following calls from BoJ Deputy Governor Himino for a timely rate hike amid slowing China industrial profit growth.
Nvidia (NASDAQ: NVDA) faces its August 26 earnings report, with the story noting expectations for a larger share buyback and analysts' estimates for second-quarter revenue, third-quarter guidance and EPS.
IREN Limited stock rises driven by sector momentum following quarterly earnings from Neocloud peers
AI sector surges after Situational Awareness resolution
SoundHound AI, Inc (NASDAQ: SOUN ) reported financial results for the second quarter after the market close on Wednesday. Here’s a rundown of the report. SoundHound AI stock is surging to new heights today. Why is SOUN stock up today? SoundHound Reports Strong Q2 Results SoundHound reported second-quarter revenue of $6
The S&P 500 Index made a modest recovery in the last two consecutive days, reaching a high of 7,490, a few points below the all-time high of 7,616. This recovery happened after the Federal Reserve delivered a relatively hawkish interest rate decision. Officials left rates unchanged at 3.50% and 3.75%, with three offici
LiveWire Group Inc. (NYSE: LVWR ) shares jumped 58.44% to $1.22 in after-hours trading on Thursday after the electric motorcycle maker posted second-quarter results, in which consolidated revenue increased 55%. The company announced results for the period ended Jun. 30, before the market opened on Thursday. Revenue Cli
Dell Technologies Inc (NYSE: DELL ) shares are advancing Wednesday as a blockbuster preliminary update from Super Micro Computer sent a bullish signal through the AI server space, lifting names tied to AI infrastructure demand. Dell Technologies shares are powering higher. Why is DELL stock surging? Super Micro’s Recor
Sandisk (NASDAQ: SNDK ) has been the best-performing company in the S&P 500 and Nasdaq 100 indices this year. It has soared by 800% since January, and is up by 4,755% in the last 12 months. This surge has turned it from a small Western Digital (NASDAQ: WDC ) spin-off into a $323 billion company. And in a recent n
Nvidia's revenue continues to grow, driven by strong demand for its graphics cards and AI-related products. This growth may impact the stock's valuation.