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Reuters
AMD forecast sparks AI‑driven rally in US chipmaker stocks
By Rashika Singh May 6 (Reuters) - U.S. semiconductor stocks rose on Wednesday as Advanced Micro Devices' strong outlook boosted investor confidence about sustained demand for AI infrastructure and that a shift toward CPUs would spur the next leg of spending.
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Reuters
US stock index futures rise on Middle East peace hopes, AI optimism
May 6 (Reuters) - Wall Street futures climbed on Wednesday, buoyed by hopes of a U.S.-Iran peace agreement and unrelenting optimism around artificial intelligence.
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Reuters
S&P 500, Nasdaq futures hit records as oil extends losses
May 7 (Reuters) - S&P 500 and Nasdaq futures hovered near all-time highs on Thursday as oil prices retreated further on hopes of a U.S.-Iran peace deal that could potentially normalize crude supplies through the Strait of Hormuz.
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Reuters
Kenvue beats first-quarter estimates amid pending acquisition by Kimberly-Clark
May 7 (Reuters) - Tylenol-maker Kenvue on Thursday beat Wall Street estimates for first-quarter revenue and profit helped by strong sales in its skin health and beauty brands.
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Reuters
Kraft Heinz tops US sales estimates as CEO Cahillane's turnaround efforts take root
May 6 (Reuters) - Kraft Heinz Co exceeded first-quarter sales estimates on Wednesday as demand improved in its U.S. business under new CEO Steve Cahillane's focus on reviving sales at the ketchup maker. Shares of the company rose about 4% in premarket trading.
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Reuters
Uber forecasts strong second-quarter bookings despite Middle East woes
May 6 (Reuters) - Uber Technologies forecast second-quarter bookings above Wall Street estimates on Wednesday on strong demand for ride-hailing and delivery services, even though the Middle East conflict weighed on its growth.
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Reuters
Papa John's misses quarterly results estimates as living costs soar
May 7 (Reuters) - Papa John's International missed expectations for first-quarter revenue and profit on Thursday as the pizza chain failed to draw diners, especially in its U.S. market, at a time when consumers struggle with high living costs.
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Reuters
Alphabet closes in on Nvidia's spot as world's biggest company
By Shashwat Chauhan May 5 (Reuters) - Alphabet is on the cusp of overtaking Nvidia as the world's most valuable company, riding on a record stock rally fueled by its artificial intelligence efforts and booming cloud business.
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AP News
US stocks climb toward records as oil prices fall and earnings beat forecasts
The U.S. stock market is rising toward records after an easing of oil prices let Wall Street turn its focus back to the big profits that companies keep producing
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Trendline
Wall Street Analysts Issue Key Stock Upgrades and Downgrades Impacting Major Companies
Wall Street Analysts Issue Key Stock Upgrades and Downgrades Impacting Major Companies
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Reuters
Trading Day: Rarified AIr
By Jamie McGeever ORLANDO, Florida, May 5 (Reuters) - The S&P 500 and Nasdaq sailed to new highs on Tuesday, riding the crest of yet another wave of optimism around the artificial intelligence boom.
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AP News
US stocks edge up toward more records as crude oil prices ease
The U.S. stock market is ticking toward records after an easing of oil prices let Wall Street turn its focus back to the big profits that companies keep producing
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