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GE Vernova Hitachi’s small nuclear reactor in Ontario, Canada, is facing delays and cost overruns.
The Nasdaq tumbled on AI fears but the Dow managed to hold onto gains.
Despite a growing budget deficit, U.S. Treasuries remain the ultimate safe haven in times of trouble including Thursday’s tech stock rout.
Weakness in Twisted Tea, Truly hard seltzer, and Samuel Adams outweighed growth in Sun Cruiser and Angry Orchard cider, the company said.
The company uses human-sounding voice AI agents to handle many tasks from answering calls to serving as virtual assistants.
The maker of Hoka and Ugg brand footwear reported record revenue for the second quarter.
Thursday evening, Newmont announced earnings per share of $2.20 from sales of $6.4 billion. Wall Street was looking for $1.96 and $6.3 billion, respectively.
Bloom Energy reported 94 cents of earnings per share on $1.24 billion in revenue, beating expectations. The stock was sliding in after-hours trading.
Adjusted earnings rose 15% to $5.89 a share, beating expectations.
Shares of real estate investment trusts that lease data centers to hyperscalers like Meta and Amazon were falling Thursday.
Berkshire participated in Alphabet’s $85 billion equity fund deal in June that could be a model for any Meta equity raise.
The bullish strategist questions long-term earnings forecasts as Lam Research’s results add to pressure on semiconductor stocks.
He’s no longer the shortest-lived Trump appointee, but he still is shy about speaking his mind about his former boss and the upcoming elections.
Despite artificial-intelligence spending worries, an Asian selloff, and higher oil prices. Barron’s senior technical analyst thinks a year-end stock rally is in the cards.
Moderna shares tumbled as reported results for its cancer vaccine with Merck circulated ahead of a planned conference presentation.
Ross Stores and On Holding are two plays for Wolfe Research’s Spencer Hanus, who just initiated coverage of the specialty retail sector.
AI demand is off the charts, but financing all the growth will be tough.
Quanta Services stock dropped Thursday after Goldman Sachs slashed its price target for the electrical infrastructure company, reflecting growing skepticism about the artificial-intelligence spending boom.
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Anthropic’s new personal AI agent targets professionals and small-business owners through a standalone app.
On Thursday, Meta stock fell more than 7% and was on pace to close below its 50-day moving average for the first time since Sept. 2.
