Global News
- All
- AI
- Markets
- Macroeconomics
Wall Street saw a hefty tech sell-off led by Nvidia despite the company beating analyst expectations, highlighting investor demands.
The prospects for AI to sustain build-out spending and to harm legacy industries continue to be front of mind for Wall Street.
The prospects for AI to sustain build-out spending and to harm legacy industries continue to be front of mind for Wall Street.
The prospects for AI to sustain build-out spending and to harm legacy industries continue to be front of mind for Wall Street.
The prospects for AI to sustain build-out spending and to harm legacy industries continue to be front of mind for Wall Street.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
Restaurant technology provider PAR Technology (NYSE:PAR) reported Q4 CY2025 results exceeding the market’s revenue expectations, with sales up 14.4% year on year to $120.1 million. Its non-GAAP profit of $0.06 per share was $0.03 above analysts’ consensus
Search AI platform provider Elastic (NYSE:ESTC) reported Q4 CY2025 results beating Wall Street’s revenue expectations, with sales up 17.7% year on year to $449.9 million. Guidance for next quarter’s revenue was better than expected at $446 million at the
Investment professionals rarely outperform in a bull market. If you want stock picking to pay off, you’re essentially rooting for a crash.
Voice AI technology company SoundHound AI (NASDAQ:SOUN) announced better-than-expected revenue in Q4 CY2025, with sales up 59.4% year on year to $55.06 million. Its GAAP loss of $0.03 per share was 69.1% above analysts’ consensus estimates.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
Morgan Stanley's Mike Wilson said the broad market correction that started last year presents near-term downside risks in U.S. stocks.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
Energy drink company Monster Beverage (NASDAQ:MNST) reported revenue ahead of Wall Street’s expectations in Q4 CY2025, with sales up 17.6% year on year to $2.13 billion. Its non-GAAP profit of $0.51 per share was 4.7% above analysts’ consensus estimates.
Insurance distribution company Baldwin Insurance Group (NASDAQ:BWIN) fell short of the market’s revenue expectations in Q4 CY2025, but sales rose 5.3% year on year to $347.3 million. Its non-GAAP profit of $0.31 per share was 7.3% above analysts’ consensu