Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence technology.
Mastercard stock climbed on its Q4 results, revenue guidance. Dow Jones rival Visa, also near highs, reports after the close.
We continue to believe that Microsoft remains uniquely positioned to monetize the vast new AI opportunity across applications,” writes BofA Securities analyst Brad Sills.
Wolfspeed Inc.’s stock rose in extended trading Wednesday, after the semiconductor company beat Wall Street’s revenue expectations in its fiscal second-quarter results.
Sales of instruments and accessories, which are single-use tools for surgeries, climbed by 23% year over year to $1.41 billion, while procedure volumes jumped 18%. Procedures for its Ion system, which is used to perform lung biopsies via robotic bronchoscopy, surged 70%.
FactSet Research Systems Inc., together with its subsidiaries, operates as a financial digital platform and enterprise solutions provider for the investment community worldwide. The company ...
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer
Microsoft reported that its flagship cloud computing business experienced a slowdown in growth amid constraints on data center supply.
This was the stock's second consecutive day of gains.
An exchange-traded fund that equally weights stocks in the S&P 500 was climbing sharply Thursday, as most of the U.S. equity index’s sectors were up in afternoon trading. The Invesco S&P 500 Equal Weight ETF was rising 1.
Celestica (NYSE: CLS) is an electronics manufacturing services (EMS) company. It also specializes in data centers and AI infrastructure. The stock has been one of the most stellar names on the stock market and delivered 1,300%+ gains since the end of September 2022 to its peak in late January 2025.
Comcast surpassed fourth-quarter revenue estimates on Thursday as blockbuster holiday releases, including "Wicked", more than made up for a larger-than-expected decline in broadband customers.