Electric vehicles are expected to make up a larger share of cars on the road by the end of the decade, benefiting a host of companies across industries.
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Electric and hybrid vehicles will account for nearly half the cars on the road by 2040, Goldman predicts
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AMD tops estimates for first quarter as data center revenue jumps 57%
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during the 2026 CES event in Las Vegas, Nevada, US, on Monday, Jan. 5, 2026. Bridget Bennett | Bloomberg | Getty Images Advanced Micro Devices reported first-quarter earnings Tuesday that topped expectations, while the company’s revenue forecast also exceeded estimates as demand […]
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Micron zooms past $700 billion market cap as rally in memory stocks accelerates
Micron Technology CEO Sanjay Mehrotra during a groundbreaking ceremony for the company’s new semiconductor manufacturing facility in Clay, New York, Friday, Jan. 16, 2026. Heather Ainsworth | Bloomberg | Getty Images Micron’s historic rally continued on Tuesday, with shares of the memory maker surging 11%, lifting the company’s market cap past $700 billion for the […]
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Frontier Airlines forecasts revenue boost from Spirit collapse
Spirit Airlines and Frontier Airlines ticket counters at Kansas City International Airport. Leslie Josephs/CNBC Frontier Airlines expects a revenue boost from Spirit Airlines’ collapse over the weekend, a shuttering that removed Spirit’s capacity from the market overnight. “Drawing on the benefits realized from prior Spirit capacity adjustments, we believe their exit supports a [revenue per […]
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