BABA posts $35.28B revenue but adjusted earnings plunge to $12M on heavy AI and e-commerce investments. Alibaba Group reported fiscal fourth-quarter revenue of $35.28 billion, a 3% year-over-year increase and slightly above the $35.23 billion estimate. Excluding divested b
US aims to reduce reliance on foreign supply chains The US is pushing for a semiconductor manufacturing boom to expand domestic chip production. The PHLX Semiconductor Index recently reached its highest level since March 2000, driven by significant investments in A
Quick Read - Applied to Intel (INTC), the adage “Sell in May and go away” offers a convenient excuse to confront an important question: what do you do with a stock that has gone parabolic? - The fundamentals support a rerating, as Intel’s turnaround under CEO Lip-Bu Tan looks...<
Bitcoin and major cryptocurrencies are trading steadily ahead of President Donald Trump’s talks with China’s Xi Jinping, with gains concentrated in the largest tokens and implied volatility near year-to-date lows. Derivatives data show rising open interest and generally bu
Adjusted net income for the January-to-March period came to just 86 million yuan ($12 million), according to The Wall Street Journal — a figure that, compared with the 29.85 billion yuan recorded on the same basis twelve months prior, amounts to a near-total erasure of profit,...
Investors await Bank of Canada deliberations for clarity on rate cut timing and Governing Council unanimity on policy risks. Markets will parse the Bank of Canada’s Summary of Deliberations for details on April’s policy decision and two-sided guidance. The minutes may addr
Dynatrace (DT) fell early Wednesday after reporting fiscal fourth-quarter earnings and revenue that topped Wall Street targets while a key metric largely met expectations. The software maker's fiscal 2027 guidance was only slightly above analysts targets Waltham-Mas
Copa Holdings, S.A. (NYSE:CPA) will release earnings for its first quarter after the closing bell on Wednesday, May 13. Analysts expect the Panama City, Panama-based company to report quarterly earnings of $4.42 per share, up from $4.28 per share in the year-ago period
Blue Owl Capital (NYSE:OBDC) reported first-quarter 2026 adjusted net investment income of $0.31 per share and net asset value per share of $14.41, as management said lower base rates, tighter spreads and reduced fee income weighed on earnings. Chief Executive Officer Crai
How Berkshire Hathaway Performed During Buffett's Final Quarter New York Times (NYSE:NYT) reported a strong start to 2026, with executives pointing to continued digital subscription growth, a sharp increase in digital advertising revenue and ongoing investment in video...