TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Netflix and General Motors.
Microsoft beat Wall Street estimates for third-quarter revenue and profit on Thursday, driven by gains from adoption of artificial intelligence across its cloud services, and the company's shares jumped more than 4% in extended trade. Executives forecast ranges for current quarter cloud revenue that were mostly above Wall Street targets. The rise in Microsoft shares after the bell lifted the company's stock market value by $128 billion as profit and revenue growth overshadowed its...
After Meta’s stock meltdown late Wednesday afternoon and Thursday, the tech sector is roaring back in after-hours trading on the strength of strong earnings reports from Alphabet, Microsoft, and Snap. Snap shares were up more than 30% after its earnings release, and Alphabet was up 13%. Microsoft shares, meanwhile, jumped 5.5%. There were numerous reasons for the surges. Alphabet announced its first-ever dividend (of 20 cents per share) and a $70 billion stock buyback. And Snap gave...
An RBC Capital analyst recently raised his price target on GE Aerospace
It's a bit hard to imagine now, but struggling chip company Intel (NASDAQ:
In just under a week, e-commerce megastar Amazon.com (NASDAQ: AMZN) stock
TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Cisco Systems and Goldman Sachs.
“Power demand from data centers has already been humongous, then came the AI hype and the need for power skyrocketed."
Clear avenues for growth could allow the e-commerce giant to continue
McDonald's has ramped up prices faster than any other fast-food restaurant. Other chains like Chipotle and Starbucks have been able to raise prices slower. READ MORE:
Assets held by fund manager State Street are higher than the GDP of Germany. BlackRock, Fidelity, State Street and Vanguard control $26 trillion in assets. Asset managers grew after banks were regulated following the financial crisis