Text size Software giant Salesforce had a successful January quarter. It publishes its results for the April quarter on Wednesday, after the market closed. Stephen Lam/Getty Images Selling power Shares fell late in trading on Wednesday, despite the company reporting better-than-expected results for its fiscal first quarter ended April 30. Investors may be disappointed that […]
The following is a guest post from Josh Goldberg, CEO and Co-Founder of Sunstone Credit. With ever-increasing energy costs in the United States, it’s no surprise that businesses that own property are looking for ways to save money efficiently while reducing their carbon footprint. Fortunately, with the entire United States receiving abundant sunshine and the […]
Text size ***ONE TIME USE*** The Microsoft-backed ChatGPT logo displayed on a smartphone in Washington, DC on March 15, 2023. Olivier Douliery/AFP/Getty Images The rush for artificial intelligence, the newest novelty in the market, has left dividend-paying stocks looking heavy and unloved. They also become good business. The promise of AI and its ability to […]
Text size Micron competes in the memory chip market with Samsung and SK Hynix. Courtesy of Micron Micron Technology Shares fell on Monday after a ban on selling chips to some Chinese companies was announced. This could be seen as one of China’s biggest retaliation to date against US efforts to restrict exports of advanced […]
Text size Tesla stock is up about $12 since Elon Musk tweeted that he had found a CEO for his social media platform. Chris Delmas/AFP/Getty Images Investors are waiting You’re here The Twitter overhang to lift no longer has to wait. Let’s go. Investors may feel relieved to have found their CEO. Now they can […]
Text size Shares of KeyCorp and other regional banks were down on Friday. Photograph by Ty Wright/Bloomberg Bank stocks tumbled on Friday after a report said Treasury Secretary Janet Yellen told bank chief executives that more bank mergers may be needed. Shares of regional banks fell on Friday. Western Alliance Bancorp. (symbol: WAL) lost 2.9%, […]
Text size Cisco announced a 22% drop in orders in the previous quarter. Alexandre Koerner/Getty Images Cisco Systems released better-than-expected financial results for its third fiscal quarter and raised its guidance for the July fiscal year. But a drop in orders sent shares tumbling sharply lower in late trading. For the quarter ended April 29, […]
Text size Regional bank deposit levels have come under scrutiny since the collapse of Silicon Valley Bank. (Photo by Justin Sullivan/Getty Images) Western Alliance Bancorp shares rose on Wednesday after the bank said its deposits rose in the current quarter. Other regional lenders were also gaining. Shares of Western Alliance (ticker: WAL) rose more than […]
Text size CEO Thomas Siebel said C3.ai is on track to be profitable by the end of its current fiscal year. F. Carter Smith/Bloomberg Shares of C3.ai soared on Monday after the company said it would beat its previous financial guidance for its fiscal fourth quarter, which ended April 30, as business demand for AI […]
Text size First Solar’s CEO said the acquisition signals an investment in “the future of solar power.” Gerard Julien/AFP/Getty Images First Solar Shares rose sharply on Friday as the company disclosed a deal it said would strengthen its technology position in solar energy. First Solar (ticker: FSLR) announced that it would buy Evolar, a European […]