Investing
“ Qualcomm may have a real competitor to Intel, AMD, and even Apple on its hands. ” The computer-chip landscape is becoming centered around the idea of client AI, or AI processing that runs locally on a device like a laptop or a smartphone, rather than in the cloud. Now…
Visa Inc. reported quarterly results Tuesday that topped Wall Street views, but its shares were headed lower in the extended session. The payment-technology company also called for low-double-digit revenue growth on an adjusted constant-dollar basis for the new fiscal year, coming in ahead of what some had been fearing from…
Microsoft Corp. rode better-than-expected growth in its Azure cloud-computing unit to sizable revenue and earnings beats Tuesday, and the company said that it expects “increasing contribution” from artificial intelligence in that part of the business going forward. Revenue for Azure and other cloud services was up 29%, or 28% in…
Snap Inc. shares tend to swing wildly after earnings reports, but the reaction looks unusually muted after Tuesday’s results. That’s not because the latest numbers were lacking in developments. Rather, Wall Street seems to be weighing a long-awaited improvement in business trends during the most recent quarter against some more…
Stocks rose after earnings from some of the largest U.S. companies, including General Motors, General Electric, and 3M, gave equities a boost. Reports from Microsoft and Alphabet are scheduled after markets close. These stocks were making moves Tuesday: General Electric (GE) reported third-quarter earnings of 82 cents a share, beating…
Microsoft Corp. and Alphabet Inc. both reported mostly strong results Tuesday, but the disparate reactions from investors showed that Wall Street only cares about artificial intelligence right now. While Microsoft shares MSFT, +0.37% rose 4% in after-hours trading following the company’s latest report, Alphabet shares GOOG, +1.61% GOOGL, +1.69% dropped…
Open enrollment often involves a lot of terms outside of the standard health insurance. Here are some other common insurance and investment benefits that come up during open enrollment and how to consider each category. Term Life Insurance Term life insurance is designed to pay a tax-free death benefit out…
Oil prices settled Wednesday at their highest in more than two weeks, following a blast at a hospital in Gaza City that left hundreds dead and ratcheted up regional tensions, with Iran reportedly calling for an embargo on selling oil to Israel. Signs of tightening U.S. crude supplies also helped lift…
Oil is going up and as I wrote recently $300 is the likely destination in two to three, perhaps at the latest five years’ time. You don’t have to factor in war in the Middle East for that or consider the rundown of the U.S. strategy reserve either. Simply adjusting…
Gold futures settled Thursday at their highest since late July, recovering from a brief session dip in prices as investors looked to remarks from Federal Reserve Chairman Jerome Powell for hints on the central bank’s plan for interest rates. In remarks to the Economic Club of New York Thursday, Powell…