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Intel’s cumulative software sales could hit $1 billion by 2027 end, CTO says.
Intel’s cumulative software sales could hit $1 billion by 2027 end, CTO says. Intel's (NASDAQ: INTC) software initiative is progressing well, with the company potentially reaching a cumulative software revenue of $1 billion by the end of 2027, the company’s CTO Greg...
Delta earnings forecast falls short of Wall Street estimates, shares down 10%.
Delta earnings forecast falls short of Wall Street estimates, shares down 10%. CHICAGO (Reuters) -Delta Air Lines forecast lower profits in the third quarter than analysts had expected, with the carrier citing discounting pressure in the low end of the market, sending...
Microsoft, Tesla, and Goodyear rise premarket, 3M and Honeywell fall.
Microsoft, Tesla, and Goodyear rise premarket, 3M and Honeywell fall. Investing.com -- U.S. stock futures largely edged higher Wednesday, ahead of the second round of comments from Fed chief Jerome Powell to Congress.Here are some of the biggest premarket U.S. stock...
Intel, Nvidia, Eli Lilly rise premarket; BP, Novo Nordisk fall
Intel, Nvidia, Eli Lilly rise premarket; BP, Novo Nordisk fall Investing.com -- U.S. stock futures edged higher Tuesday, with traders awaiting the start of a two-day testimony from Fed chief Jerome Powell to Congress.Here are some of the biggest premarket U.S. stock...
Bank of America technical strategists say S&P 500 will hit 6150.
Bank of America technical strategists say S&P 500 will hit 6150. Bank of America's technical strategists see a healthy summer rally for US equities on the horizon, with the S&P 500 (SPX) projected to reach 6150.Their analysis highlights the recent surge in the...
Globally, Value funds gave back some performance in June.
Globally, Value funds gave back some performance in June. Bank of America reported a shift in global fund performance for June, with Value funds experiencing a median decline of 0.88% compared to their benchmarks. Only 24% of Value funds managed to outperform in...
Constellation Brands reports earnings beat, stock gains 3%
Constellation Brands reports earnings beat, stock gains 3% ROCHESTER, N.Y. - Constellation Brands, Inc. (NYSE: NYSE: STZ), a prominent beverage alcohol company, today announced its first quarter fiscal 2025 earnings, surpassing analyst expectations for adjusted...
BofA: Clients sold $3.1 billion of US equities last week; tech inflows continue.
BofA: Clients sold $3.1 billion of US equities last week; tech inflows continue. Bank of America Securities said that last week its clients were net sellers of US equities for the second consecutive week, with outflows totaling $3.1 billion.Excluding untagged flows,...
Despite discounting in China, iPhones lost share in May, US weak: UBS.
Despite discounting in China, iPhones lost share in May, US weak: UBS. Despite heavy discounting during China's "618" shopping festival, UBS analysts warned that Apple (NASDAQ: AAPL) iPhone sales continue to struggle."iPhone 'sell-through' remained soft, declining 2%...
FAA to investigate Southwest flight that departed from closed runway in Maine.
FAA to investigate Southwest flight that departed from closed runway in Maine. (Reuters) - The Federal Aviation Administration said on Friday it will investigate a Southwest Airlines (NYSE: LUV) flight that departed from a temporarily closed runway in Maine earlier...
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