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Ericsson reported third-quarter organic sales growth of 7%, a gross margin of 47.7% and an EBITDA margin of 17%. The company also announced organizational changes, including a new Asia Pacific market area and changes to Enterprise Wireless Solutions.
StepStone Group reported fee-related earnings of $106 million for the first quarter of fiscal 2027, up 30% year over year. It also reported a GAAP net loss of $116 million, which management attributed to fair-value changes related to the Private Wealth profits-interest buy-in.
The WSJ reports that scarce computing power is pushing AI companies into costlier contracts, improvised deals and new partnerships as demand outstrips available capacity. Google, Anthropic and xAI are among the firms cited in the industry scramble.
BP said it has curbed production at its Na Kika and Thunder Horse platforms in the Gulf of Mexico as it prepares for Hurricane Isaias. The company said all personnel have been evacuated from both platforms.
Citi cut Xerox to sell, saying the company faces a difficult print-market backdrop and that Lexmark integration may not be enough to offset pressure in core cash generation.
The S&P 500 closed above 7,800 for the first time on Tuesday, then spent the rest of the week absorbing a 24-year high in Treasury yields and a report questioning the revenue behind the artificial intelligence buildout. Minutes of the Federal Reserve’s September meeting, released Wednesday, showed most officials expect
Bank of America strategists say European stocks are set to perform in line with global peers after a period of underperformance.
Bank of America analysts raised Soitec to buy from neutral, saying photonics should significantly expand the French semiconductor-materials maker's gross margin over the coming years. They see gross margin rising to 29% in fiscal 2027, 39% in fiscal 2028 and 44% in fiscal 2029.
Citi said Novo Nordisk's third-quarter sales could come in 1% above consensus, helped by a strong Wegovy pill launch in the U.K. The bank cut its target price to 296 kroner from 310 kroner and kept a neutral rating.
Goldman Sachs raised Palantir to buy from neutral, citing its positioning in bespoke software, sovereign AI and broader enterprise demand for AI tools. The stock was up 1.6% after the note.
The Nasdaq composite fell 1.3% in a mixed session as AI-related shares slid after reports of lower-than-expected OpenAI revenue. Oil prices rose after President Donald Trump's remarks on the Middle East war, while Federal Reserve Gov. Christopher Waller said additional rate hikes may be needed.
Bitcoin moved down to around $81,500 in afternoon trade as major U.S. stock indexes stayed lower and Treasury yields eased. The move came alongside broader risk-off action tied to oil, Fed comments and tech-sector weakness.
Bitcoin fell to around $81,500 in afternoon trade as broader markets reacted to higher oil prices and hawkish Federal Reserve comments.
Bitcoin moved down to around $80,800 in Thursday afternoon trading as Wall Street weakened. The move was reported alongside broader declines in U.S. stocks and a drop in Treasury yields.
Palantir rose more than 3% after Goldman Sachs upgraded the stock to buy from neutral and lifted its price target to 230. The move put the shares into profit zone from a 163.70 entry.
Bitcoin dropped more than 1% to around $82,500 in morning trade as U.S. stocks turned lower and oil surged. The move came alongside broader risk-off sentiment and higher Treasury yields.
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.
TeraWulf (NASDAQ: WULF ) held its second-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. Access the full call at Summary TeraWulf Inc reported second-quarter 2026 revenue of
U.S. Treasury yields held near multidecade highs in Asia as traders remained focused on higher borrowing costs and a modest risk-off tone.
Bitcoin fell 3% to $83,098 and ethereum lost 5% to $2,564 as traders pointed to record-high Treasury yields and a stronger U.S. dollar. XRP and solana also declined in a broader crypto selloff.
Elon Musk said Tesla and SpaceX will own and run the planned Terafab factory, and that TSMC may only sublease part of it. He also said Grok will route queries to multiple rival AI models through its interface.
Bernstein cut its target price on AstraZeneca to 198 pounds from 200 pounds and kept a positive view on the drugmaker’s pipeline. Shares were up 1% at 120.80 pounds.
Tesla plans to reveal its long-delayed Roadster next week in Waco, Texas. The article revisits years of delays, reservation deposits and Musk’s earlier performance claims for the car.
By Callum Keown After the Lord Mayor's show comes the garbage truck, as the British idiom goes. The stock market feels a bit rubbish this morning after yesterday's record-setting spectacle. The S&P 500 was set to open lower Wednesday after closing at a record high. Artificial-intelligence stocks and chip names were tak
US VP Vance Says Iran Must Cut Nuclear Enrichment To End War - Iran Ramps Up Ship Attacks In Hormuz As Oil And Gas Flows Climb - Trump Resists Deeper US Role In Saudi Arabia-Houthi Conflict - Two Houthi Missiles Target Aden International Airport In Southern Yemen - Aramco Weighs Its Options For Saudi Arabia s Growing G
Workiva (NYSE: WK ) released second-quarter financial results and hosted an earnings call on Tuesday. Read the complete transcript below. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. The full earnings call is available at Summary Workiva Inc. reported strong Q2 202
Market Overview Stocks began their breakout to new all-time highs again, but it remains a highly selective environment. Only the Nasdaq hit a record high, as it finished up 2.06% on the week, and outperformed for the fourth week in a row. The S&P 500 was up 1.21%, while the Dow Jones Industrial Average rallied 0.28%. T
Worldsec Limited reported an unaudited net loss of US$490,000 for the six months ended 30 June 2026, versus a loss of US$97,000 a year earlier. The company also said it appointed Elemental Company Secretary Limited as company secretary in September 2026.
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 finished a volatile week with mixed results as investors adjusted to the Federal Reserve’s first interest-rate hike since 2023 and rising energy costs. The S&P 500 slipped for a second s
For best results when printing this announcement, please click on link below: AST SpaceMobile, Inc. (ASTS) Investors: November 13, 2026, Deadline in Securities Fraud Class Action Lawsuit — Contact Kessler Topaz Meltzer & Check, LLP Did you buy ASTS securities between March 4, 2025 and July 15, 2026? Affected ASTS Inves