Quick Read - C3.ai (AI) stock received a modest price target increase to $8 from $7 by Canaccord Genuity, following founder Tom Siebel’s return as CEO and preliminary Q4 results showing federal bookings up 134% year over year, though revenue fell 46% year over year to $53.26M. -...</stron
Buda Juice (AMEX:BUDA) held its first-quarter earnings conference call on Wednesday. Below is the complete transcript from the call The full earnings call is available at https://events. Summary Buda Juice reported a 17.7% year-over-year revenue growth for the first
What happened: Nebius (NBIS) stock soared 15% on Wednesday. What’s behind the move: The AI cloud computing company reported revenue of $399 million in the first quarter, representing 684% year-over-year growth and a 75% increase from the previous quarter. “Everything we bu
Quick Read - Bank of America raised its Advanced Micro Devices (AMD) stock price target to $500 and maintained a Buy rating, citing a $1.7 trillion AI data center opportunity by 2030 driven by EPYC processor and MI accelerator gains. - Daiwa downgraded AMD to Outperform despite...</strong
Financial markets are beginning to move beyond the traditional opening bell. While stock exchanges still operate within fixed trading hours, crypto markets run continuously — 24 hours a day, seven days a week That shift is changing how exchanges, trading infrastruct
Just a few years ago, Google Cloud Platform (GCP) was a quiet punchline in Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) portfolio: A cash-burning experiment that most investors overlooked while Amazon Web Services (AWS) and Microsoft Azure dominated cloud computing budgets. T
- Investors are fleeing government bonds after back-to-back US inflation reports this week showed mounting price pressures, sending benchmark interest rates to the highest levels in nearly a year. Most Read from Bloomberg The yield on benchmark 10-year Treasuries rose to t
- China’s twin leaders in artificial intelligence reported revenue that fell short of estimates, signaling the challenges in translating higher spending on AI into faster growth. Most Read from Bloomberg Alibaba Group Holding Ltd.‘s revenue grew a less-than-projected 3% th
By Promit Mukherjee and David Ljunggren OTTAWA, May 13 The Bank of Canada on Wednesday said there were no signs so far that artificial intelligence was leading to widespread job losses, adding the technology had the potential to transform tasks rather than eliminate them.
NEW YORK, May 13 The Federal Reserve Bank of New York on Wednesday defeated an appeal by a Puerto Rican lender whose access to the U.S. central banking system was cut off in a crackdown on lenders with links to Venezuela. In a 3-0 decision, the 2nd U.S Circuit Court