Google is set to invest $10 billion in Anthropic, with the potential to commit an additional $30 billion tied to performance targets, reported Bloomberg. Anthropic said the initial investment values the company at $350 billion, matching its valuation from a February funding round. The deal also includes support for a significant expansion of Anthropic’s computing… Continue reading Alphabet plans up to $40B investment in Anthropic: report
Stock Research
Tesla stock jittery after earnings: why investors remain cautious
Shares of Tesla traded unevenly on Friday, briefly rising as much as 1.3% before giving up gains to hover near flat, as investors continued to assess the company’s latest earnings and long-term strategy. The muted performance came despite broader market strength. The S&P 500 rose 0.2%, while the Nasdaq Composite gained 0.6%. The Dow Jones… Continue reading Tesla stock jittery after earnings: why investors remain cautious
SAP jumps 7% on earnings beat as cloud growth eases AI fears
Shares in SAP rallied on Friday after the German software giant reported better-than-expected first-quarter profit and reaffirmed its long-term cloud outlook. The strong result came even as concerns around artificial intelligence continue to weigh on the broader sector. SAP’s American depositary receipts rose 7.3% to $175.31, recovering from a 6.2% decline in the previous session.… Continue reading SAP jumps 7% on earnings beat as cloud growth eases AI fears
P&G beats Q3 expectations with first volume growth in a year
Procter & Gamble exceeded analyst expectations for quarterly earnings and revenue, reporting its first volume growth in a year and sending the company’s shares up approximately 3.3% on Friday. For its fiscal third quarter, P&G reported net income attributable to the company of $3.93 billion, or $1.63 per share, an increase from $3.78 billion, or… Continue reading P&G beats Q3 expectations with first volume growth in a year
Dow slips 179 pts as S&P 500, Nasdaq rise on Iran talk hopes
US stocks edged higher on Friday, supported by renewed optimism around potential diplomatic progress between Washington and Tehran, alongside strong momentum in semiconductor stocks led by Intel. The S&P 500 rose about 0.25%, while the Nasdaq 100 climbed 1.2%. The Dow Jones Industrial Average, however, was down 179 points. The cautious optimism follows reports that… Continue reading Dow slips 179 pts as S&P 500, Nasdaq rise on Iran talk hopes
FTSE 100 slips as Iran crisis dampens investor confidence
UK equities moved lower on Friday and were on track for weekly losses, as fading hopes of a swift resolution to the Iran conflict and a warning from the Bank of England weighed on investor sentiment. The benchmark FTSE 100 index fell 0.6% to 10,391.16 points by 1005 GMT. The blue-chip index was set for… Continue reading FTSE 100 slips as Iran crisis dampens investor confidence
Intel stock skyrockets 28%, so why are analysts still saying sell?
Intel stock (NASDAQ: INTC) soared as much as 28% in premarket trading on Friday after the chipmaker posted stronger-than-expected first-quarter earnings. The company issued second-quarter revenue guidance that topped Wall Street forecasts. For a company long written off as a laggard in the AI race, the move was a sharp reminder that sentiment can change… Continue reading Intel stock skyrockets 28%, so why are analysts still saying sell?
Elon Musk says Tesla has started producing cybecabs
Tesla Inc. has started manufacturing its long-awaited Cybercab robotaxi, Chief Executive Officer Elon Musk said in a post on social media platform X. https://twitter.com/elonmusk/status/2047574971774611553?s=46 The announcement marks a key milestone in the company’s push into autonomous ride-hailing, even as its global vehicle sales continue to face pressure. Musk indicated that production ramp-up for the Cybercab… Continue reading Elon Musk says Tesla has started producing cybecabs
Dow futures tumble 130 points: 5 things to know before market opens
Wall Street futures were mixed on Friday as investors balanced a fresh burst of optimism in semiconductor stocks against lingering unease over the US-Iran conflict and the risk that elevated oil prices could weigh on growth. The split tone suggested traders were reluctant to push broad equity benchmarks much higher before the weekend, even as… Continue reading Dow futures tumble 130 points: 5 things to know before market opens
