Oracle stock falls as OpenAI reportedly misses targets; $300B deal in focus
Shares of Oracle Corporation fell about 5% in early premarket trading on Tuesday after a report raised concerns about the growth trajectory of OpenAI, one of its largest customers, casting…
Dow futures climb 117 points: 5 things to know before market opens
US stock index futures edged lower on Tuesday as investors turned cautious ahead of the opening bell, with the stand-off between Washington and Tehran keeping oil prices elevated and limiting…
UPS stock declines as Q1 profit falls, growth rebound expected
Shares of United Parcel Service fell about 3% in premarket trading on Tuesday after the parcel delivery giant reported lower profit and revenue for the first quarter, even as it…
Coca-Cola stock jumps 3% after earnings beat estimates
Shares of The Coca-Cola Company rose over 3% in premarket trading on Tuesday after the beverage giant reported stronger-than-expected first-quarter results and raised its full-year profit forecast, supported by steady…
FTSE 100 gains on BP results despite geopolitical tensions
The UK’s benchmark FTSE 100 index edged higher on Tuesday, supported by a strong rally in energy stocks after BP reported better-than-expected first-quarter earnings. The gains put the index on…
FMCG giants Nestle, P&G, Colgate have lost their shine: what next
The consumer goods giants that built empires on household staples are struggling to justify their valuations. At the time of writing, Nestlé has shed nearly a quarter of its market…
Corning stock falls as Q2 revenue forecast misses Street estimates
Corning reported better-than-expected first-quarter results but issued a softer revenue outlook for the current quarter, weighing on investor sentiment and halting a recent rally in optical communications stocks.The company posted…
Norway wealth fund chief warns on AI job-cut backlash
The CEO of Norway’s $2.2 trillion sovereign wealth fund has urged companies to adopt artificial intelligence (AI) in a way that benefits society broadly, cautioning against using the technology primarily…
Dow rises 110 points as Nasdaq slides on AI fears, oil surge weighs
US stocks opened lower on Tuesday, led by weakness in technology shares, as investors reassessed whether the artificial intelligence boom can sustain its momentum.The tech-heavy Nasdaq Composite fell more than…
Nvidia stock slides as OpenAI fears spark selloff in chip stocks
Semiconductor stocks declined sharply on Tuesday, with Nvidia and its peers coming under pressure after fresh concerns emerged about the financial trajectory of OpenAI.Nvidia shares fell about 1.5% in trading,…