‘Race for AI’ boosts Applied Materials’ bottom line, but not its stock

Read Time:6 Second

Applied Materials Inc. late Thursday reported better-than-expected results, saying that it benefited from the “race for AI.”

About Post Author

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

This week’s aggressive Fed rate cut could provide some breathing space for distressed companies, notes one bankruptcy attorney.

It’s that time again: Investors will see option contracts tied to more than $5 trillion in tradeable stocks expire on...

Investors are mulling strategies beyond cash on expectations that interest rates will continue to fall after the Fed’s big rate...

The package-delivery giant said reduced demand for priority services and higher operating costs weighed on results.

Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear giant.

Mortgage rates inched up even though the Federal Reserve cut interest rates. Experts explain why this is a short-lived phenomenon.