Racks

Semiconductor shares fell for a second day as investors weighed whether midterm results will slow data center and AI infrastructure buildouts.

Qualcomm beat on results but guided below expectations, citing supply costs, while separately signing a deal to supply network technology for SpaceX's Starlink Mobile service.

Wendy's said the bid undervalues the gains still expected from its turnaround strategy.

The veto underlines Beijing's tightening control over AI and robotics technology deals involving foreign buyers.

Analysts say the retail pharmacy and insurance units may now be strong enough to stand alone after a two-year turnaround.

The policy shift follows voter backlash over AI data centers' strain on local power and water resources.

Industry figures expect slower data center approvals to raise the value of existing AI capacity and pressure debt-funded operators.

Traders bet on de-escalation in the Iran conflict as Bank of America strategists warned rates could still rise if oil prices climb again.

The German arms maker blamed delays to military projects and artillery ammunition deliveries for the guidance reduction.

Arm's licensing and data center demand beat expectations, yet the stock slid as investors questioned the AI-driven valuation.

Zillow missed third-quarter sales expectations and its shares dropped as elevated borrowing costs kept buyers on the sidelines.

The reported bid would deepen AstraZeneca's push into the obesity and metabolic disease market.

Snap missed on both revenue and daily active users in results reported Wednesday.

One policymaker voted to lift the key rate to 4.25% as energy-driven inflation pressures intensified.

The settlement resolves a broad set of PFAS contamination lawsuits tied to the company's manufacturing.

AMD's data center revenue nearly doubled while its gaming segment cratered, and management flagged a tougher PC outlook ahead.

Uber beat on revenue but its profit forecast disappointed as driver shortages in Middle East markets weighed on the quarter.

Nintendo raised console prices amid soaring memory costs, denting sales of its flagship device in the fiscal second quarter.

The Danish drugmaker raised guidance as its Wegovy pill sales exceeded expectations.

Bullion hit a two-week high as the dollar, oil and Treasury yields fell following the blue wave.

The banks are exploring a sale of the financing package tied to SpaceX's AI infrastructure commitments.

Deoleo, the world's largest olive oil company, fell sharply after rivals Dcoop and Acesur unveiled plans to acquire it.

Figma is letting clients use more artificial intelligence features at the same price, aiming to boost results over the long term.

The cosmetics maker cited broad-based growth across its portfolio, including a record Rhode launch.

The European Union is betting on home-grown chip designers as it seeks to close the semiconductor gap.

Pfizer raised 2026 forecasts as Eliquis and cancer drugs drove results and management outlined ambitions in obesity.

Strong box office from Spider-Man: Brand New Day and The Odyssey lifted AMC to record third-quarter sales.

The ADP report pointed to steady, if moderating, private-sector hiring before the government payrolls data.

The first rate increase in three years comes as households still grapple with cost-of-living pressures.

The partnership expands Uber Eats' reach to Amazon's Prime subscriber base and ends GrubHub's Prime perk deal.

Lumentum fell as the Marvell approach opened the door to competing offers.

The private equity backer dropped the proposal amid insufficient player commitments.

The stock fell about 25%, cutting the value of Trump's stake as Democrats took Congress.

The trade gap contracted on resilient import flows ahead of tariff policy shifts.

Hundreds of Villa Vie residents were made to leave the vessel abruptly before it departed.