Month: February 2018

Futures rise with Amazon extending the AI rebound, even with Apple tumbling on mixed results and a weak outlook.

After a week of wild swings that rattled portfolios and left investors guessing, Wall Street analysts are already reshuffling their ratings on Friday morning, with some surprising cuts and upgrades across sectors from utilities to gaming that could reshape how you think about your positions.

The benchmark US stock measures were tracking in the green before the open Friday as Amazon's (AMZN)

Tesla stock gained 3.5% on Thursday after earnings from tech giants Amazon and Microsoft gave investors hope the AI trade wasn't over.

Amazon.com (AMZN) shares were soaring early Friday after the e-commerce giant's second-quarter resul

Strong cloud results lifted Amazon and chipmakers, while Apple's service revenue shortfall sent its stock lower ahead of Friday's open

Rigetti Computing sits at a crossroads, armed with proprietary quantum hardware and a war chest of cash, while tech giants circle a sector heating up fast. Five names stand out as plausible acquirers, but only one makes a truly compelling case.

Microsoft stock surged 16% on Thursday after the company forecast Azure cloud growth well above analyst expectations

Cook, who steps down as CEO on Sept. 1, said Apple's hybrid AI approach is an advantage as rivals rely on massive cloud infrastructure

Wall Street was feeling less anxious to end what has been a volatile month for markets. The Cboe Volatility Index, or Vix, fell 1.8% to 16.8. Any reading above 20 tends to indicate relatively high volatility.

Amazon’s capital spending will rise, iPhone sales jump, looming legislative vote overshadows Coinbase earnings, and more news to start your day.

STORY: From CXMT's big hitter IPO to Microsoft's largest one-day gain... This is the Week in Numbers. :: Week in Numbers :: 466%466% was how much shares of CXMT soared by in their Shanghai trading debut...catapulting the chipmaker to the top of China's stock market by valuation...despite a recent sell off in global tech stocks.Data showed the one-day surge was the largest among the world's 10 biggest IPOs this year by deal value.And lifted CXMT's market capitalization to $487.73 billion.CXMT has emerged as a key pillar of Beijing’s drive to build a self-sufficient chip industry.The explosive debut crowned CXMT as China's most valuable listed company.:: 17%South Korea's benchmark KOSPI jumped 17% as the battered market made a record comeback....stirring hopes that a recent rout in AI-related stocks had run out of steam.Reversing steep losses from earlier in the week, the reversal followed surges in AI heavyweights Microsoft and Amazon...lifting chip stocks broadly after upbeat earnings and forecasts from both.:: $99 millionThere was a  $99 million loss in the first quarter of the year for Shein as it  heads into its Hong Kong IPO.Shein blamed slowing U.S. sales after Washington scrapped a duty exemption on small packages...plus a one-off $328 million accounting charge.Selina Li is Reuters Asia financial services correspondent:"I think one thing that is for sure, we know that fast fashion isn't going away, but customers should expect those $3 items to get noticeably pricier as global trade rules catch up with the business model." :: 16%16% was the second-quarter drop at British Airways owner IAG.It's been weighed down by soaring fuel costs and weak travel demand linked to the Middle East conflict...and said it now expects capacity to be flat this year.IAG, which also owns Iberia and Aer Lingus, said it saw an adverse impact from higher fuel prices from March onwards...as fuel costs and emissions charges jumped.:: $450 billionMicrosoft added nearly $450 billion in market value.That was the largest one-day gain on record for a company...after it forecast stronger-than-expected cloud growth and signaled continued cash generation through its new fiscal year.The software giant's shares closed up more than 15%, lifting its market capitalization to $3.35 trillion...surpassing chip giant Nvidia's previous record one-day gain.The results offered fresh evidence that Microsoft's massive AI investments are beginning to pay off.

While the market sees an advertising giant, a merchant silicon business is quietly taking root inside the company. For the first time, Alphabet is selling its custom TPU systems directly into customer data centers. This marks a fundamental pivot from a services-led model to one that also sells the foundational hardware for the entire AI industry.

HOUSTON, July 31, 2026--Chevron Corporation (NYSE: CVX) reported earnings of $12.1 billion ($6.11 per share - diluted) for second quarter 2026. Included in the quarter were an asset sale gain of $230 million and pension settlement costs of $86 million. Foreign currency effects decreased earnings by $49 million. Adjusted earnings were $12.0 billion ($6.06 per share - diluted) for second quarter 2026. See Attachment 4 for a reconciliation of adjusted earnings.

Amazon jumped more than 12% after second-quarter earnings and revenue comfortably beat expectations. Alphabet and Meta Platforms were both punished by the market after hiking capex this earnings season. The spending hike is good news for Marvell Technology as it helps design Amazon’s artificial-intelligence chips.

Apple is growing like an AI spender, but isn't spending like one. Thursday's earnings show that route is cheaper, but it's not free of obstacles.

Stock buybacks are near historic highs. But their biggest benefit to investors — making each remaining share more valuable — is fading in the era of the AI spending boom.

Revenue for the quarter reached $201 billion, above expectations of $197 billion, and up 20% on the year.

Amazon and Microsoft's fast-expanding data-center businesses show that the so-called hyperscalers can profit from artificial intelligence even if model development slows, said Amati Global Investors' Mikhail Zverev.

For Apple shareholders, here’s a way to get paid a meaningful income now, which you keep no matter what, in exchange for agreeing to sell at a price above today's if the stock keeps climbing.