Nvidia could soon surpass Apple to become the world’s second-most valuable company, as the kingmaker behind the AI revolution takes on the iPhone maker that has ruled Wall Street for decades.
Read More Nvidia set to overtake Apple as world’s second-most valuable company
Warner Bros. Discovery posted a steep quarterly loss that was higher than anticipated.
Read More Warner Bros. Discovery Reveals $966M Loss, Impaired By Decreased Ad Sales And Hollywood Strikes
Disney’s surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office.
Read More Disney’s surprise streaming entertainment profit offset by weaker TV business
McDonald’s missed quarterly profit estimates for the first time in two years as budget-conscious consumers looked past its offers.
Read More McDonald’s posts rare profit miss as customers turn picky
The stock has fallen around 30% so far this year as they trail rivals in producing advanced AI chips and components.
Read More Chipmaker Intel falls as AI competition hurts forecast
Morgan Stanley’s first-quarter profit beat estimates, fueled by a resurgence in investment banking and growth in wealth management.
Read More Morgan Stanley profit beats estimates as investment banking rebounds, wealth grows