Author: Editor-In-Chief
SpaceX, Tesla, and X CEO Elon Musk and Google CEO Sundar Pichai attend Donald Trump’s presidential inauguration in the U.S. Capitol Rotunda in Washington, D.C., January 20, 2025. Trump will serve his second non-consecutive term as the 47th President of the United States. Kevin Lamarque | AFP | Getty Imagesshares of alphabet and tesla Shares fell in premarket trading Thursday as both companies signaled an increase in AI spending, spooking investors worried about rising costs from the artificial intelligence boom. Alphabet shares fell about 4%, and Tesla shares fell more than 5.7% in premarket trading. The move comes after Alphabet…
Men stand on a painting of the American flag and salute during a demonstration by university students to show support for the Houthi movement amid heightened tensions with Saudi Arabia on the campus of Sanaa University in Yemen’s Houthi-held capital Sanaa on July 22, 2026.Mohamed Huwais | AFP | Getty ImagesThe Tehran-backed Houthis have claimed to have attacked two Saudi oil tankers in the Red Sea, threatening to open a new front in the Middle East conflict as the United States completes a 12-night offensive against Iran.Yemen’s Houthis announced on Wednesday that they had targeted two Saudi oil tankers, Enseria…
ServiceNow, an American enterprise software company known for automating workflows such as IT service management and human resources, is betting on the Indian banking software specialist to further strengthen its foray into global financial services. The company invested $40 million in BusinessNext, taking a roughly 5% stake, valuing the 24-year-old Indian company at $700 million. The deal gives BusinessNext access to ServiceNow’s global distribution network and expands the two companies’ collaboration in AI for financial services. ServiceNow’s investment reflects BusinessNext’s growing profile beyond India. The profitable Noida-based company had revenues of approximately $32 million in its most recent financial year…
Let’s check out the companies that are becoming a hot topic for after-hours trading. Alphabet — Shares fell more than 4% after the company cited demand for artificial intelligence and raised its 2026 capital spending forecast to a range of $195 billion to $205 billion. Separately, Alphabet posted revenue of $119.8 billion in the second quarter, beating expectations of $116.93 billion, according to LSEG. ROLLINS — The pest control company fell about 10% after its second-quarter results fell short of Wall Street expectations. Rollins reported earnings of 30 cents per share on revenue of $1.08 billion, compared to the FactSet…
IBM CEO Arvind Krishna attends a Rose Garden Club event in the White House Rose Garden on July 6, 2026 in Washington. Mandel Gunn | AFP | Getty ImagesIBM Despite issuing an earnings warning last week, the company lowered its 2026 forecast and on Wednesday announced weaker earnings than analysts expected. IBM said it aims to increase its full-year pretax profit margin by about 1 percentage point through productivity improvements. The company’s performance against LSEG Consensus is as follows:Earnings per share: Adjusted $2.93 vs. $2.97 expected Revenue: $17.16 billion vs. $17.58 billion expectedIBM’s revenue for the quarter increased 1% from…
Bertha continues to sail along the Gulf Coast, bringing tropical storm-force wind gusts, treacherous beach conditions, and localized rain. But its most significant effects could play out hundreds of miles away in the mid-Atlantic. The chaotic, lopsided tropical storm formed centered south of the Louisiana coast early Thursday, with maximum sustained winds of 45 mph. Bertha is expected to move near or along the coasts of Louisiana and north Texas through Thursday afternoon, and into interior Texas by Thursday night. 🌀 ⛈️ Get storm forecasts with the CNN Weather app Meanwhile, a plume of tropical moisture associated with Virta is…
Futures and options traders work on the NYSE American (AMEX) floor of the New York Stock Exchange on July 15, 2026 in New York City, USA. Brendan McDiarmid | ReutersU.S. stock futures fell early Thursday as investors factored in new profits, concerns about artificial intelligence spending and rising oil prices. futures The index fell 43 points, or 0.1%, in line with the Dow Jones Industrial Average. S&P500 futures down 0.2%, Nasdaq 100 futures It fell 0.2%. alphabet Shares fell 3% in after-hours trading after Google’s parent company cited strong demand for artificial intelligence and raised its 2026 capital spending forecast…
CNBC’s Jim Cramer warned investors not to react to every twist and turn of earnings season.”Keep quiet during earnings season. Just take it all in and accept that the market has its own secrets that will be revealed over time,” the “Mad Money” host said Wednesday. “You just need to own good companies for the long term and block out the short-term noise unless there is a good buying opportunity.”Major stock averages ended little changed on Wednesday. of Dow Jones Industrial Average decreased by 6 points or 0.01%. Nasdaq It fell by nearly 0.6%. S&P500 It fell by just over…
Anthropic’s revenue run rate jumped to $47 billion in May, compared to $9 billion in 2025. Matt Murphy of Menlo Ventures has never seen growth in his 25 years of investing, whether it’s the internet wave, mobile or the first cloud boom. Mr. Menlo led Anthropic’s $500 million Series D, giving Mr. Murphy a front-row seat as the company grew from a pre-revenue, pre-launch bet to one of the most valuable startups. In this episode of TechCrunch’s Equity podcast, Julie Bolt talks with Murphy about backing Anthropic before anyone else, why a good model wasn’t important, and what drives the…
Stock chart iconStock chart iconFigma’s year-to-date stock performance. figma: “It’s a very competitive market. I don’t want to be in that.”Stock chart iconStock chart iconSolaredge Technologies’ year-to-date stock performance. solaredge technologies: “Solar stocks are not doing very well right now. Unless you can get some returns even with high interest rates, it’s very difficult to make a profit in the current solar situation.”Stock chart iconStock chart iconIonQ’s year-to-date stock performance. ion Q: “If interest rates go up, it’s going to be very difficult to own these stocks, so I’m going to avoid interest rates because I’m looking at where interest…