Business ❯ Finance

Corporate Performance

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JPMorgan Begins Coverage of Salesforce With Overweight Rating and $250 Target

JPMorgan frames AI risks as limited and links rapid product ARR growth to a valuation case ahead of Salesforce’s Aug. 26 earnings.

Rocket Lab Hits Record Quarter as Neutron First‑Flight Window Narrows

Maersk Beats Q2 Forecasts and Raises Full‑Year EBITDA Guidance

Nebius Surges After Blowout Quarter as Michael Burry Doubles Down on Short

SMIC Triples Profit as AI Chip Demand Boosts Chinese Foundries

Applied Materials Beats Q3 Estimates and Raises 2026 Equipment Growth Above 30% as Shares Slip

Tapestry Posts Strong Year as Coach Drives Growth

Pandora Raises 2026 Guidance After Return to Organic Growth

Coherent Tops Q4 Estimates and Raises Q1 Forecast on Surging AI Optics Demand

Lenovo Reports Strong Revenue Beat as AI Infrastructure Drives Growth

Micron Says AI Demand Far Outstrips Memory Supply as It Boosts U.S. Factory Bets

Plug Power Posts Q2 Beat, Raises 2026 Guidance

Tencent Posts Q2 Revenue Beat as Gaming and AI-Driven Ads Gain Traction

Retail Buying and $16.8 Billion Terafab Pledge Give Tesla a Short-Term Lift

Balfour Beatty Raises Profit and Cash Guidance After Strong First Half

AppLovin Shares Slide After BofA Downgrade, Hit 52‑Week Low

Foxconn Posts 35% Jump in Q2 Profit as AI Server Demand Drives Growth

ADNOC Gas Beats Q2 Forecast, Approves $8.2 Billion in Rich Gas Development Contracts

NIQ Global Intelligence Lifts Full-Year Guidance After Strong Second Quarter

On Semiconductor Tilts Toward AI After Strong Quarter