Broadcom sheds $520 billion in market value after AI revenue guidance misses
Broadcom posted record quarterly revenue, but a gap between its AI chip guidance and analyst expectations triggered one of the…
Stock Market News
Latest stock market news covering equities beyond the Magnificent 7 — sector earnings, IPOs, M&A activity and broader market moves.
Uber to cut 10% of workforce to consolidate management layers
Uber announced plans to cut 10% of its workforce, consolidating management layers to speed up decision-making. CEO Dara Khosrowshahi said…
Druckenmiller Skips Nvidia, Buys AMD Stake in Second Quarter
Stanley Druckenmiller sold his entire Nvidia stake in 2024 and has not returned, even as the chipmaker's valuation dropped. Instead,…
MongoDB shares sink 13% despite beating Q2 estimates on weaker guidance
MongoDB beat Wall Street's profit and revenue estimates in its fiscal second quarter, posting its fastest revenue growth since fiscal…
Credo tops Q1 estimates, but shares drop 8.65% on growth worries
Credo Technology beat Wall Street's fiscal first-quarter estimates on both earnings and revenue, extending a streak of triple-digit annual growth….
