CoreWeave stock falls 29% in October as bond yields climb and credit spreads widen
CoreWeave's stock is down 29% this month while its bond yield climbs and its credit default swap spreads widen. Investors…
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IBM beats Q3 estimates and raises free cash flow forecast, but gross margin narrows
IBM beat Wall Street estimates for third-quarter earnings and revenue and raised its full-year free cash flow forecast. Its gross…
Lam Research posts $8.22 billion quarterly revenue as AI chip demand lifts its outlook
Lam Research reported first-quarter fiscal 2027 revenue of $8.22 billion, above Wall Street expectations. The chip equipment maker credited demand…
Tesla beats Q3 estimates as net income falls 29% on AI and robotics spending
Tesla beat Wall Street estimates for third-quarter earnings and revenue, but net income fell 29% as spending on robotics and…
Meta beats Q3 revenue estimates, narrows capex range and creates nonvoting Class C stock
Meta reported Q3 revenue of $64.60 billion, above analyst estimates, and guided Q4 revenue above expectations. The company also narrowed…
