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Gains in AI company stakes juice second-quarter earnings for S&P 500

Gains in AI company stakes juice second-quarter earnings for S&P 500

By Caroline Valetkevitch NEW YORK, Aug 20 (Reuters) - S&P 500 companies are winding up a banner quarterly earnings season, fueled in large part by surging profits at AI-related companies.
FactFable FactFable
Tesla's Worst Stock Crash That Wall Street Said Couldn't Happen

Tesla's Worst Stock Crash That Wall Street Said Couldn't Happen

Exploring the pivotal 2022 Tesla stock crash, the factors that led to the massive downturn, and why so many market experts were caught by surprise.
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Rivian Spinout Also Raises $150 Million for Autonomous Delivery Vehicles

Rivian Spinout Also Raises $150 Million for Autonomous Delivery Vehicles

Rivian Spinout Also Raises $150 Million for Autonomous Delivery Vehicles
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Fisker Inc. Faces 425 Million Kroner Debt Following Norwegian Bankruptcy

Fisker Inc. Faces 425 Million Kroner Debt Following Norwegian Bankruptcy

Fisker Inc. Faces 425 Million Kroner Debt Following Norwegian Bankruptcy
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Rivian Secures Substantial Liquidity and Advances Driverless Technology, Bolstering Investor Confidence

Rivian Secures Substantial Liquidity and Advances Driverless Technology, Bolstering Investor Confidence

Rivian Secures Substantial Liquidity and Advances Driverless Technology, Bolstering Investor Confidence
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Billionaire Investors Stanley Druckenmiller, David Tepper, and Peter Thiel Significantly Increase Amazon Holdings

Billionaire Investors Stanley Druckenmiller, David Tepper, and Peter Thiel Significantly Increase Amazon Holdings

Billionaire Investors Stanley Druckenmiller, David Tepper, and Peter Thiel Significantly Increase Amazon Holdings
TheStreet TheStreet
Morgan Stanley resets Amazon stock price target after earnings

Morgan Stanley resets Amazon stock price target after earnings

Amazon spent years telling Wall Street that AWS could become a few hundred billion dollar revenue business. Then on its last earnings call, management revised that estimate up, significantly. The new figure was $1 trillion. Not as a stretch goal. As what they now believe is a real possibility. ...
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Rivian Aims to Enhance 'Hands-Free' Driving Capabilities While Prioritizing Safety

Rivian Aims to Enhance 'Hands-Free' Driving Capabilities While Prioritizing Safety

Rivian Aims to Enhance 'Hands-Free' Driving Capabilities While Prioritizing Safety
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High-Yielding Dividend Stocks Offer Investment Opportunities Amidst Market Dominance by AI and Hyperscaler Trades

High-Yielding Dividend Stocks Offer Investment Opportunities Amidst Market Dominance by AI and Hyperscaler Trades

High-Yielding Dividend Stocks Offer Investment Opportunities Amidst Market Dominance by AI and Hyperscaler Trades
Reuters Reuters
Nasdaq futures gain as tech stocks climb

Nasdaq futures gain as tech stocks climb

Aug 17 (Reuters) - Nasdaq and S&P 500 futures rose on Monday, boosted as a strong revenue forecast from AI leader Anthropic supported technology stocks, while investors weighed the prospect of fewer interest-rate hikes against Middle East tensions.
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UBS Asset Management Increases Stake in Nio, Becoming a Top Institutional Investor

UBS Asset Management Increases Stake in Nio, Becoming a Top Institutional Investor

UBS Asset Management Increases Stake in Nio, Becoming a Top Institutional Investor
Reuters Reuters
As retail stagnates, ad dollars help Walmart stay the course

As retail stagnates, ad dollars help Walmart stay the course

By Nicholas P. Brown and Juveria Tabassum Aug 18 (Reuters) - As Walmart's same-store sales growth has leveled off and a cautious annual outlook dented its stock, investors are increasingly looking to the retailer's advertising business to support profits.