In late 2022, Goldman Sachs began to pivot away from its consumer operations, beginning a series of write-downs related to selling chunks of the business.
While Oracle becomes more competitive in cloud infrastructure, it's also ensuring that competitors can offer its widely used database to their clients.
The investment thesis for Broadcom is intact: AI revenues are strong, non-AI semi sales are bottoming and the VMWare integration is exceeding all expectations.
Broadcom CEO Hock Tan said in a statement that the company expects to record $12 billion in sales from AI parts and custom chips in...
The Swedish automaker is trimming its earnings margin goal for 2026 due to "increased complexity especially in relation to global trade and tariffs."
Philip Belamant, Zilch's CEO, told CNBC the firm was able to hit profitability by growing rather than cutting back like other fintechs have done.
MongoDB delivered stronger results than analysts had been looking for, partly because of better cloud consumption activity than expected.
We continue to see further upside ahead for Best Buy shares, so we're increasing our price target.
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