Shares of Tesla (TSLA) climbed sharply on Friday, rising more than 3% as improving investor sentiment lifted growth stocks following stronger-than-expected US jobs data and optimism around developments in the Middle East.The rally came alongside broader market gains. The S&P 500 advanced about 0.6%, while the Nasdaq Composite rose 1.1%.…
Shares of Microsoft (MSFT) slipped in early trading on Friday, underperforming both the broader market and major technology peers.Microsoft stock fell around 1% even as other large-cap technology companies rallied strongly. Nvidia and Tesla rose roughly 3%, while AMD surged nearly 7%.The broader market also moved higher. The S&P 500…
Innodata (INOD) shares nearly doubled on May 8 after the data engineering company delivered a “triple-threat” Q1 that obliterated Wall Street expectations.Revenue rocketed 54% year-over-year to $90.1 million, comfortably exceeding the $76.5 million consensus estimate.On the bottom line, diluted EPS hit $0.42, nearly doubling the $0.23 forecast.This explosive growth prompted…
Shares of Intel (INTC) surged around 8% in on Friday, hitting a fresh all-time high of $118.75. Investors continued to pile into the semiconductor giant amid growing optimism around its turnaround strategy and artificial intelligence positioning.The recent rally has been driven by a combination of strong earnings, improving demand for…
Famed investor Jim Cramer says “there are wins and misses” in digital advertising and marketing automation space – and Trade Desk (TTD) is evidently the latter.His comments came after The Trade Desk reported first-quarter results showing a 12% increase in revenue to $689 million.However, the revenue growth was largely overshadowed…
Shares of Intel surged sharply on Friday after a report said the company had reached a preliminary agreement with Apple to manufacture some of the chips used in the iPhone maker’s devices.According to a Wall Street Journal report citing people familiar with the matter, Apple and Intel had been engaged…
US President Donald Trump is set to meet Chinese President Xi Jinping in Beijing next week in the first visit by a US leader to China in almost a decade, as both sides attempt to stabilise a relationship strained by disputes over trade, Taiwan, technology controls and the Iran war.The…
The number of Americans filing new claims for unemployment benefits rose modestly last week, underscoring continued resilience in the US labor market despite ongoing layoffs in the technology sector and broader economic uncertainty.Data released by the Labor Department on Thursday showed initial claims for state unemployment benefits increased by 10,000…
The US labour market delivered stronger-than-expected job growth in April, signalling continued resilience despite mounting concerns over trade tensions, artificial intelligence-driven job cuts and rising energy costs.Data released by the Bureau of Labor Statistics on Friday showed nonfarm payrolls increased by a seasonally adjusted 115,000 jobs last month, exceeding economists’…
The IAG share price retreated today, May 8, and then pared back some of those losses after the company published its results, which provided more color on how the ongoing war has affected its business. It retreated to 372p and then rebounded to 390p. IAG flags Iran war risksInternational Consolidated Airlines…