Shares of the world's largest contract chipmaker gained after reports indicated it plans to raise prices by 5-10% in 2027, easing investor concerns over rising capital expenditures and global expansion costs.
The index provider's stock dropped after it lifted its operating expense guidance for the year, a move that overshadowed better-than-expected quarterly revenue and in-line earnings.
Dubai-based airline Emirates has refused to accept delivery of the first 10 Boeing 777X aircraft from its major order, citing extensive design changes and years of delays that have made the initial batch obsolete.
The electric vehicle maker has expanded its autonomous ride-hailing service to two new Florida cities, a move closely watched by investors ahead of its quarterly earnings report.
The electric vehicle maker has launched its autonomous ride-hailing service in two new Florida cities, a key development for investors monitoring the company's strategic shift toward AI and autonomy.
Shares of Moderna have surged over 100% this year, fueled by optimism over its oncology pipeline, yet a vast majority of Wall Street analysts maintain a 'Hold' rating, suggesting the easy gains have been made ahead of critical clinical trial results.
Shares of SK hynix surged nearly 8% as investors positioned ahead of earnings and an analyst warned of a deepening supply-demand imbalance for critical AI memory chips.
Investors are closely watching Alphabet's upcoming Q2 results, with concerns over a delayed AI model and massive capital expenditures potentially overshadowing strong expected growth in its cloud division.
Shares of major auto parts retailers like O'Reilly Automotive and Advance Auto Parts gained after Genuine Parts officially denied it was in talks to sell its automotive business unit.
