Latest News
Alphabet Stock Holds Steady as AI Push Meets Regulatory Headwinds
Alphabet shares edged lower as Google rolled out new AI tools at its I/O conference and faced a European complaint over scam ads. The stock is in a holding pattern as investors weigh AI spending against growth.
Ross Stores Stock Jumps on Raised Outlook as Discount Demand Remains Strong
Ross Stores shares surged 5.3% in after-hours trading after raising its full-year sales and profit outlook, as first-quarter comparable-store sales jumped 17%.
Webull Shares Drop 5.4% on Q1 Loss Despite 36% Revenue Surge, Rising Costs
Webull shares tumbled 5.4% in late trading after reporting a Q1 net loss of $21.7 million as operating expenses jumped 68%, overshadowing a 36% revenue gain to $159.9 million.
Workday Shares Surge on AI Agent Demand, Strong Q1 Results
Workday shares jumped 7% in after-hours trading after beating Q1 estimates with $2.54B revenue and an adjusted profit of $2.66 per share, driven by surging adoption of its AI agents.
Take-Two Reaffirms GTA 6 Launch Window, Yet Wall Street Remains Cautious
Take-Two reaffirms GTA 6 launch for Nov. 19, 2026, and beats Q4 bookings, but fiscal 2027 guidance falls short of estimates. Shares gain 8% after hours.
Dow Jones Hits New Peak as IBM Surges on Quantum Funding
The Dow Jones Industrial Average closed at a record high, lifted by a 12.4% surge in IBM following a proposed $1 billion U.S. quantum-computing award. Oil prices declined amid U.S.-Iran talks, and Walmart fell on consumer spending concerns.
Dow Jones Hits Record High as Oil Retreats, IBM Surges
The Dow Jones closed at a record 50,285.66 on Thursday, lifted by a 12.5% jump in IBM after it secured $1 billion in federal funding for a quantum-chip venture. Oil prices fell 2.3%, easing inflation concerns.
BlackBerry Shares Surge on Government Security Certification and QNX Growth Outlook
BlackBerry shares rose sharply after its AtHoc crisis-communications platform secured renewed U.S. government cloud security certification and executives touted QNX growth prospects.
Bezos Calls for Eliminating Federal Income Tax for Bottom Half of Earners, Clashes with NYC Mayor
Jeff Bezos advocates for eliminating federal income taxes for the bottom half of U.S. earners, opposing NYC Mayor Mamdani's proposed tax on luxury second homes. The tax policy debate intensifies.
QuantumScape Surges 9% on Production Milestones and Auto Partnerships
QuantumScape (QS) shares surged 9% Thursday, outpacing major indexes, driven by initial QSE-5 cell production from its new Eagle Line and continued partnerships with Volkswagen and other automakers.