News
Microsoft Stock Slips Before Open as $190 Billion AI Bet Faces Wall Street Test
41+ min ago (631+ words) New York, May 6, 2026, 06: 39 EDT Microsoft shares slipped in premarket hours Wednesday, ticking down 0. 25% to $410. 35 after ending Tuesday at $411. 38, a drop of 0. 54%. That price action kept MSFT under pressure, even as segments of the AI trade continued to attract buyers. This…...
Amazon Stock Nears $3 Trillion As Logistics Push Takes Aim At UPS And Fed Ex
43+ min ago (423+ words) New York, May 6, 2026, 06: 40 ET Amazon shares ticked up in early premarket action Wednesday, quoted at $274. 52just enough to nudge the company closer to that $3 trillion valuation mark following a fourth straight record close. The stock was up 0. 35% from Tuesday's finish at…...
AMD Stock Jumps on AI Forecast as Wall Street Eyes a Bigger Nvidia Fight
51+ min ago (577+ words) New York, May 6, 2026, 06: 39 EDT Advanced Micro Devices surged close to 18% before the bell on Wednesday after delivering a revenue outlook that topped Wall Street estimates, spurring gains across the chip sector. If these gains stick, AMD could notch a new…...
Meta Stock Faces Fresh AI Reckoning as Spending and Lawsuits Mount
1+ hour, 29+ min ago (609+ words) New York'May 6, 2026, 05: 58 EDT. Meta Platforms stock barely budged in early U. S. premarket trading Wednesday, following a 0. 9% drop to $604. 96 the previous session. Investors remain undecided about whether the Facebook owner's sharply increased AI spending will actually accelerate growth. That question has fresh…...
Anthropic Launches Claude AI Finance Agents to Take On Wall Street's Grunt Work
1+ hour, 18+ min ago (326+ words) New York, May 6, 2026, 06: 06 EDT Anthropic has rolled out 10 prebuilt Claude AI agent templates aimed at banks, insurers, and financial companies, zeroing in on labor-intensive tasks like putting together pitchbooks, handling customer verifications, and managing month-end accounting. The move marks another…...
Apple's $250 Million Siri Payout Hits i Phone Buyers After AI Promise Fell Short
2+ hour, 42+ min ago (673+ words) SAN FRANCISCO, May 6, 2026, 01: 43 PDT Apple has reached a $250 million settlement to resolve a U. S. class action accusing it of false advertising over delayed Siri AI features, according to a court document. Filed Tuesday in San Jose federal court, the agreement'still subject…...
Arista Stock Drops After Q1 Earnings Beat as AI Guidance Leaves Wall Street Wanting More
14+ hour, 25+ min ago (495+ words) SANTA CLARA, California, May 5, 2026, 14: 02 (PDT) Shares of Arista Networks slipped after hours Tuesday. The data-center networking specialist topped estimates for its first-quarter profit and revenue but offered a second-quarter outlook that just slightly surpassed what analysts had penciled in. Traders…...
AMD Earnings Tonight Could Decide Whether Its AI Stock Rally Has Gone Too Far
15+ hour, 13+ min ago (612+ words) NEW YORK, May 5, 2026, 16: 02 EDT Advanced Micro Devices climbed 4. 2% to $355. 92 late Tuesday ahead of quarterly earnings, a key moment for investors wondering if the AI-chip surge has run out of steam. Just a day earlier, an HSBC downgrade had briefly dragged…...
Backblaze Stock Soars as AI Storage Demand Lifts 2026 Outlook
15+ hour, 25+ min ago (635+ words) SAN FRANCISCO, May 5, 2026, 13: 03 PDT Backblaze Inc. jumped Tuesday, soaring $2. 96 to $7. 60 after the cloud-storage provider reported a solid first quarter and upped its full-year forecast. Shares saw heavy volume as investors responded to Backblaze's push to reposition itself as an AI…...
Western Digital Stock Nears $500 as WDC's AI Storage Boom Drowns Out Earnings-Drop Jitters
17+ hour, 13+ min ago (458+ words) SAN JOSE, California, May 5, 2026, 11: 05 PDT Western Digital jumped roughly 6% to $469. 44 late Tuesday morning. Shares opened at $455. 61 and peaked at $479. 94, putting the hard-drive maker within striking distance of $500 and shrugging off selling that hit after last week's stronger-than-expected results. What's changed:…...