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ASML Raises 2026 Sales Targets on AI, Shares Fall on Q2 Guidance
ASML Holding NV raised its 2026 net sales forecast to between €36 billion and €40 billion. Surging demand for advanced chipmaking equipment driven by...
TSMC earnings signal AMD growth, driven by 55% profit surge
Advanced Micro Devices investors are monitoring Taiwan Semiconductor Manufacturing Co. (TSMC) ahead of its first-quarter 2026 earnings report on April...
TSMC Smashes Estimates, Hikes 2026 Outlook on Massive AI Chip Demand
TSMC reported record first-quarter revenue of $35.71 billion. This figure represents a 35% year-over-year increase and exceeds consensus analyst estimates....
BNPL Delinquency Rates Surge as Nearly Half of Users Miss Payments
Nearly 47% of Buy Now, Pay Later (BNPL) participants failed to make timely loan payments over the previous twelve-month period. This delinquency rate...
Caterpillar Acquires Assets of Struggling Autonomous Tractor Startup Monarch
Caterpillar has acquired the assets of Monarch Tractor, a startup known for developing self-driving electric tractors. The deal's financial terms were not...
Figma Intensifies European Market Push Through Strategic Acquisitions and Partnerships
Figma is expanding its European presence through acquisitions and local partnerships. This strategy targets enterprise clients and creative agencies. The...
Chevron Urges Americans to Drive Less, Citing $100 Oil and Iran Conflict
Chevron executive Andy Walz advises Americans to drive less and conserve energy as fuel prices soar. Brent crude currently trades near $100 a barrel. Ongoing...
Alibaba Debuts Free AI App Builder, Targeting Growing AI Agent Market
Alibaba Group Holding Ltd. launched a free, no-code artificial intelligence tool for building websites and applications. Users can generate fully functional...
NVIDIA Launches GeForce Now in India, Enabling 4K Cloud Gaming
NVIDIA launched GeForce Now in India on April 16, 2026. This expansion follows previous delays in entering the country’s gaming ecosystem. The service streams...
PepsiCo reports Q1 earnings, testing North American volume growth strategy
PepsiCo (PEP) released first-quarter 2026 financial results before the market opened on April 16. Investors are monitoring the report for evidence that the...
US Crude Oil Exports Reach Record High of 5 Million Barrels Daily
The United States exported a record-breaking 5 million barrels of crude oil per day last week, marking a historic peak for the industry. This surge in volume...
Costco Increases Quarterly Cash Dividend by 13.1% to $1.47 Per Share
Costco Wholesale Corporation's Board of Directors has declared an increase in its quarterly cash dividend from $1.30 to $1.47 per share, representing a 13.1%...
Ford Chief EV, Digital, and Design Officer J. Douglas Field to Depart
Ford Motor Company announced the upcoming departure of J. Douglas Field, the company's Chief EV, Digital, and Design Officer. The company was notified of his...
CoreWeave Secures $6B AI Cloud Agreement and $1B Equity Investment from Jane Street
CoreWeave announced a significant expansion of its partnership with Jane Street, a global trading firm. The deal includes a major commercial commitment from...
BlackRock ETHA Sheds 410,750 Ethereum, Defying Broader Digital Asset Inflows
BlackRock reported a significant reduction in its iShares Ethereum Trust (ETHA) holdings for the first quarter of 2026. The trust shed approximately 410,750...
LVMH growth hits three-year low, dragged by Dior and Vuitton
LVMH reported first-quarter revenue of €19.1 billion. Reported revenue fell 6%. Organic growth rose 1%, narrowly missing analyst expectations. This...
Walmart launches Upstream Facility Services, expanding into higher-margin commercial maintenance
Walmart launched Upstream Facility Services to sell its maintenance and operational expertise to commercial clients. The new business provides HVAC,...
Cloudflare Upgraded to Overweight, Piper Sandler Targets $222 on AI Boom
Piper Sandler upgraded Cloudflare (NET) from Neutral to Overweight. The investment firm established a new price target of $222. Analysts identified a recent...
Nebius Group shares soar 93% following Meta and Nvidia partnerships
Nebius Group N.V. shares gained over 93% in 2026. The company reported a 547% year-over-year revenue increase for the fourth quarter of 2025. Annual revenue...
Live Nation and Ticketmaster Found Liable for Monopoly, Risking Breakup
A federal jury in Manhattan found Live Nation Entertainment and Ticketmaster liable for antitrust violations. The April 15, 2026, verdict concluded a six-week...