Webull shares dropped about 19% on Wednesday after a House committee report found the broker tied to China in structural ways. Webull calls the report inaccurate, and no…
Lamb Weston beat first-quarter profit forecasts and raised its full-year outlook, with North American volume growth leading the quarter, though a steep fall in International earnings and rising…
Uber has agreed to buy workplace catering platform ezCater for $2.3bn in cash, a small deal for a company worth about $142bn that gives Uber a route into…
Marvell Technology raised its fiscal 2028 revenue target to about $20bn at its investor day, above analyst forecasts, sending the AI chip supplier’s already richly valued shares sharply…
Qualcomm and Huawei have agreed a multi-year patent cross-licence, with Qualcomm also buying some Huawei US patents. No financial terms were disclosed, and the deal still needs regulatory…
Cerebras shares rose in US premarket trading on Monday after OpenAI’s Sam Altman called the chipmaker a close partner, answering talk that Nvidia powers OpenAI’s fastest tier. The…
Schneider Electric has agreed an all-cash deal for US engineering software group PTC at $205 a share, a 42.3% premium to Friday’s close, while its own shares fell…
Western Digital and Seagate shares were lower today on competition fears, after a report that Toshiba plans to double its AI data-centre hard-drive capacity, which could add a…
Bloomberg reports that Broadcom’s banks are starting to assemble about $60bn of AI chip financing for Anthropic and others, a day after a filing showed Broadcom agreed to…
Fair Isaac shares dropped about 7% after the US close today on a Bloomberg report that mortgage finance regulators plan to cut the credit reports they require from…
MicroStrategy shares closed higher in today’s session, in a move that ranks 34th among the last 126 sessions, with trading lighter than usual.
The US September jobs report is due tomorrow, Friday, at 13:30 UK time, after August payrolls came in far above the forecast. This preview sets out the forecast…
Nike’s first-quarter earnings per share of $0.48 compared with a consensus of $0.44, but sales missed, and it guided to a high-single-digit revenue fall in fiscal 2027. The…
Accenture’s shares surged on Thursday after fiscal fourth-quarter revenue and earnings beat forecasts and its outlook eased fears that artificial intelligence will erode demand for consulting.
Vicor shares rose 10.1% in postmarket trading after the company lifted its third-quarter sequential growth guidance, citing higher royalties from its first non-exclusive license to Vertical Power Delivery.
Hormel Foods has agreed to buy chicken processor Brakebush Brothers for $1.055bn in cash, but the promised profit boost is not due until fiscal 2028, and the shares…
Synopsys, the chip-design software maker, is trading 6.57% higher in today’s US session, at $442.37 by 7:45pm in London, near the top of the day’s range. They closed…
Micron’s fiscal fourth-quarter revenue of $54.23bn beat analyst forecasts, and its guidance for the next quarter sits well above consensus. Shares edged higher in after-hours trading.
Eli Lilly’s experimental obesity combination delivered up to 23.3% average weight loss in a mid-stage trial, well ahead of its current drug alone, but more patients stopped treatment…
Workday will cut about 2.5% of its workforce, primarily in Product and Technology, and book up to $80m of charges. It holds its outlook, but expects GAAP operating…
Carnival shares jumped 13.4% today after the cruise operator posted record third-quarter revenue, net yields and net income, and raised its full-year outlook despite a $150m hit from…
Sign up to our free Morning Markets email, every weekday before the open.
