Samsung and SK Hynix lead a $880 billion spending plan to expand chip and data center capacity amid rising AI demand. South Korea’s Samsung Electronics and SK Hynix are driving an $880 billion investment to boost semiconductor and AI data center production. The move follow
The luxury retailer reports $1.24 billion in U.S. sales for FY 2026, now accounting for 51% of group revenue. Watches of Switzerland Group (LON:WOSG) is prioritizing U.S. growth and pre-owned luxury segments as its UK market stabilizes. The company’s U.S. sales reached $1.
MarketBeat Week in Review – 07/06 - 07/10 Citigroup (NYSE:C) reported a stronger second quarter of 2026, with management pointing to broad-based revenue growth, improved returns and continued capital returns, while cautioning that second-half results could be affected by normal...</strong
GS stock surges 7.26% after earnings beat, clearing key technical levels amid AI-driven growth. Goldman Sachs shares rose 7.26% to $75.95, reaching $1,121.86 at session highs, after earnings exceeded expectations driven by artificial intelligence demand. The stock broke ab
Truckload and LTL rates rose 16% above a 2018 baseline in Q2, with further gains expected in Q3 amid diesel costs and driver shortages. Truckload and less-than-truckload rates reached a 14-quarter high in the second quarter, driven by capacity constraints and higher diesel
IBM’s warning of capex reallocation toward cybersecurity and AI infrastructure sparks sector-wide gains in cybersecurity shares. Shares of CrowdStrike, Fortinet, and other cybersecurity firms surged after IBM indicated enterprise clients redirected spending toward critical
CrowdStrike surges 9% as IBM warns of customer spending shift CrowdStrike stock jumped more than 9% on Tuesday, alongside other cybersecurity names, after IBM warned of a customer spending shift. The shift away from traditional software spending was noted by IBM in th
Ask investors to name the biggest artificial intelligence (AI) companies in the world, and you'll probably hear the same names: Nvidia, Microsoft, Alphabet, or OpenAI. Few would mention Alibaba (NYSE: BABA) That may be a mistake. While the market continues to view A
Analysts forecast a 3% year-over-year earnings increase for Johnson & Johnson amid Stelara sales decline. Johnson & Johnson is poised to report second-quarter earnings of $2.85 per share on July 15, reflecting a roughly 3% year-over-year increase. Analysts anticipate an up
Retirees with incomplete work histories face reduced benefits as Social Security replaces missing years with $0 in its calculation. Social Security benefits are calculated using the highest-earning 35 years of work, with $0 counted for any missing years. This can significa
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