Author: Admin
Qualcomm shares soar 16% on CEO comments about China orders, hyperscaler customer
Qualcomm shares staged a dramatic turnaround after the bell on Wednesday as CEO Cristiano Amon said on the earnings call that it would begin shipping data center chips to “a large hyperscaler” within the calendar year. The stock initially fell as much as 7% after the chipmaker reported second-quarter earnings that topped Wall Street estimates […]
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Warsh hints at a new reading of the Fed’s power over swap lines amid UAE discussion
Kevin Warsh, nominee for US Federal Reserve Chair, testifies during a Senate Banking Committee hearing on his nomination on Capitol Hill in Washington, DC, on April 21, 2026. Mandel Ngan | Afp | Getty Images Federal Reserve chair nominee Kevin Warsh believes the Fed’s statutory independence doesn’t fully extend to international policy issues, he said […]
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Saudi Arabia’s PIF to end funding of LIV Golf league after this season
A general scene of LIV Golf signage during Day Three at LIV Michigan at The Cardinal at Saint John’s on Aug. 24, 2025 in Plymouth, Michigan. Michael Miller | ISI Photos | Getty Images Saudi Arabia’s Public Investment Fund will end funding of the LIV Golf league after the 2026 season, two people familiar with […]
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Analysis: The Warsh revolution is coming. Powell won’t stand in the way.
U.S. Federal Reserve Chair Jerome Powell departs following his final press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S., April 29, 2026. Kevin Lamarque | Reuters How do you change regimes when the head of the old one isn’t leaving? That will […]
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Carvana stock pops as used car retailer reports record first-quarter results
In an aerial view, a sign is posted on the exterior of a Carvana car vending machine on July 19, 2023 in Daly City, California. Justin Sullivan | Getty Images Shares of Carvana jumped by as much as 10% in extended trading after the company reported record results during the first quarter that topped Wall […]
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Amazon’s cloud unit reports 28% sales growth, topping estimates
Amazon Web Services CEO Matt Garman speaks at the AWS re:Invent conference in Las Vegas on Dec. 3, 2025. Noah Berger | AWS | Reuters Amazon Web Services recorded 28% revenue growth in the first quarter, beating analysts’ estimates, as the cloud infrastructure leader boosted its investment in Anthropic and prepared to work more closely […]
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