GitLab (NASDAQ:GTLB) reported first quarter financial results that exceeded Wall Street expectations for revenue and earnings, but shares fell about 4% after the company announced a restructuring plan that includes workforce reductions and a smaller geographic footprint. A
Intel reports a $3.73 billion Q1 GAAP net loss amid $3.64 billion capex, while AMD generates $6.70 billion in free cash flow for FY25. Intel posted a GAAP net loss of $3.73 billion in Q1 FY26, driven by a $4.07 billion restructuring charge and $3.64 billion in capital expe
The SpaceX IPO is one of the most highly anticipated public offerings in market history, and it's slated to become the largest IPO of all time when it goes public on June 12. While there's no shortage of excitement around SpaceX, investing immediately after it goes public
Berkshire Hathaway exited its entire Taiwan Semiconductor position citing location risks despite praising the company’s dominance in AI chips. Warren Buffett’s Berkshire Hathaway sold its $4.1 billion stake in Taiwan Semiconductor Manufacturing (TSM) within two quarters, c
Macy's improved outlook and GameStop's all-time quarterly profit drove shares higher amid mixed results from Palo Alto Networks. Macy's raised its annual sales forecast after reporting stronger demand in its luxury segment and better product assortment. The retailer's shar
Quick Read - Nvidia (NVDA) reported Q1 FY2027 revenue of $81.6B, up 85% year-over-year, with Data Center revenue hitting $75.2B and Data Center Networking surging 199%, driven by accelerating AI infrastructure buildout and agentic AI deployments generating real value across...</p
Quick Read - Amazon (AMZN) — high-margin AWS, advertising, and subscriptions now compound faster than low-margin retail. - Amazon’s three utility-like engines generate locked multi-year customer contracts with measurable structural returns. - Operating cash flow of $139.5B in...<
ASML signals capacity flexibility for EUV tools, prompting JP Morgan to raise earnings estimates for 2027 and 2028. JP Morgan has upgraded its earnings estimates for ASML Holding NV (NASDAQ:ASML) after the company indicated it can supply more EUV lithography tools than pre
Honeywell Aerospace forecasts $6.5 billion in adjusted earnings by 2030, driven by demand from jetmakers and defense customers. Honeywell Aerospace expects to achieve $6.5 billion in adjusted earnings by 2030, citing strong demand from jet manufacturers and defense clients
Key Points - VersaBank posted record Q2 fiscal 2026 credit assets and revenue, with credit assets up 25% year over year and revenue up 27%. Adjusted net income rose to CAD 12.4 million, helped by the bank’s digital model and growth in both Canadian and U.S. operations. - T
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