The company forecasts sequential growth across all product lines through 2027, driven by AI infrastructure demand and new offerings. Astera Labs (NASDAQ:ALAB) anticipates a $10 billion opportunity in AI connectivity, citing strong demand for its Scorpio X-Series and other
The bank reported higher earnings driven by revenue growth, client activity, and credit performance amid macroeconomic uncertainty. National Bank of Canada posted a 13% year-over-year increase in second-quarter adjusted earnings per share to CAD 3.23, with a return on equi
SQM reports higher lithium volumes and favorable pricing trends Sociedad Quimica y Minera reported a strong first quarter with higher lithium volumes and favorable pricing trends. The company's Novandino Lithium partnership generated over $530 million in contributions to t
Walmart shares have pulled back, but Bank of America is telling investors the move may have created a fresh opportunity in one of retail’s biggest names. In a Bank of America note given to TheStreet, analyst Christopher Nardone reiterated a Buy rating on Walmart (WMT) whil
NVIDIA, TSMC, and Alphabet lead a group of firms projected to reach $10 trillion valuations on AI-driven growth. NVIDIA (NVDA) is closest to a $10 trillion market cap, currently valued at $5.2 trillion and reporting $44 billion in Q1 FY2027 revenue, a 69% year-over-year in
Prior was 3.955% Bid to cover at 2.34 vs 2.33 prior Primary Dealers 12.8% Direct 12.3% Indirect 74.9% A negligible tail of 0.1 bps. Treasury yields have been falling steadily since the May 19 highs The optimism regarding a US-Iran deal helped ease inflation concerns
AppLovin (APP) shares surged more than 12% on Wednesday as Morgan Stanley said it sees conversion rates rising for the e-commerce and mobile advertising technology firm. âWe believe that APP's ad revenue growth has a longer runway than the market AppLovin (APP) shares surged...</
Even before the jet fuel crisis that already led to thousands of flight cuts and dealt the final blow to Spirit Airlines, aviation has never been a particularly lucrative industry due to the prohibitive costs of both launching and staying in business. Since the start of 20
Beijing’s delayed spot purchases and inventory drawdowns risk tightening supply as Middle East tensions disrupt shipping routes. China has slowed oil and LNG spot purchases, opting to draw down inventories amid heightened Middle East supply risks. Refinery activity has als
Over the past few years, many investors flocked toward artificial intelligence (AI) and AI-adjacent stocks. However, that buying frenzy drove the S&P 500 to its all-time highs -- so the market might be due for a near-term pullback from its historically high valuations
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