Month: April 2026
Apple delivers a nearly perfect quarter, with a CEO change and an AI update ahead
Apple on Thursday evening reported a strong quarter to wrap up a busy week of megacap earnings. Clearly, CEO Tim Cook’s decision to announce his upcoming departure ahead of the release was a move to ensure that news would not overshadow the incredible results. Revenue in Apple’s fiscal 2026 second quarter ended March 31 increased […]
Read More
Reddit’s CEO calls his company ‘the fuel’ for artificial intelligence
Reddit CEO Steve Huffman said his company may be one of the most underappreciated winners of the artificial intelligence boom. “There’s no artificial intelligence without actual intelligence,” he said on “Mad Money.” “The knowledge has to come from somewhere, and Reddit is one of the primary sources for that sort of information that AI’s crave, […]
Read More
Veeva Systems to join S&P 500 index, replacing Coterra Energy
FILE PHOTO: Veeva Systems Founder and CEO Peter Gassner gives an interview on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Veeva Systems, which sells cloud software to life sciences companies and drugmakers, is joining the S&P 500, becoming the latest tech company to get added to the benchmark. The stock […]
Read More
Reddit reports 69% jump in revenue, topping analyst estimates
Steve Huffman, co-founder and CEO of Reddit, speaks during the WSJ Tech Live conference hosted by The Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on Oct. 21, 2024. Frederic J. Brown | Afp | Getty Images Reddit reported better-than-expected profit and revenue in its first-quarter earnings report on Thursday, and […]
Read More
Stock futures rise after the S&P 500 hits a record to wrap April’s trading: Live updates
Traders work on the floor of the New York Stock Exchange on April 30, 2026. NYSE U.S. stock futures rose on Thursday night after the S&P 500 and Nasdaq Composite rose to new intraday and closing highs to round out trading for the month of April. S&P 500 futures and Nasdaq 100 futures climbed around […]
Read More
Jim Cramer says the market’s biggest winners all have one thing in common
CNBC’s Jim Cramer said there are essentially only two sectors in the market these days — the data center stocks and everything else. “The data center, the data center, the data center,” said the “Mad Money” host. “You probably tempted to say enough already … but this quarter it went mainstream.” The S&P 500 closed […]
Read More
Stocks making the biggest moves after hours: Apple, Roblox, Reddit, Roku & more
Check out the companies making headlines after the bell : Apple — Shares were up 2%. For the fiscal second quarter , Apple’s earnings came in at $2.01 per share, while revenue landed at $111.18 billion. This beat the earnings of $1.95 a share and $109.66 billion in revenue analysts were looking for, per LSEG. […]
Read More
Rivian renegotiates DOE loan down to $4.5 billion, adjusts capacity plans for Georgia plant
Rivian Automotive on Thursday said it has renegotiated a $6.57 billion loan from the U.S. Department of Energy down to $4.5 billion and is adjusting its production expectations at an under-construction plant in Georgia. The DOE loan was previously set to support two phases of production for a total of 400,000 units annually. The amended […]
Read More
FISA Section 702: Congress passes short-term surveillance program extension just before deadline
Rep. Jim Jordan (R-OH) speaks to reporters as he arrives for a House Republican conference meeting on Capitol Hill on March, 6 2024 in Washington, DC. Kent Nishimura | Getty Images The House on Thursday passed a 45-day extension of a controversial foreign surveillance program, voting just as the program was set to expire. The […]
Read More
Apple reports earnings and revenue beat, boosted by services business
Apple CEO Tim Cook holds up a new iPhone 17 Pro during an Apple special event at Apple headquarters in Cupertino, California, Sept. 9, 2025. Justin Sullivan | Getty Images Apple reported earnings and revenue for its fiscal second quarter that topped analysts’ estimates, driven by growth in the company’s services business. The stock was […]
Read More