News Powered By AI
News Powered By AI
IBM reported third-quarter earnings and revenue that exceeded analyst expectations, with CEO Krishna highlighting growing client adoption of artificial intelligence capabilities across business operations.
Procter & Gamble reported fiscal first-quarter earnings and revenue that exceeded analyst expectations, driven by strong demand for laundry detergent and home care products, with net sales rising 4%.
Comcast exceeded third-quarter earnings expectations, with its media division and Peacock streaming service driving growth despite weakness in theme parks and continued pressure on connectivity services.
Meta shares fell nearly 7% after reporting negative free cash flow in Q3 and raising its full-year capital expenditure guidance to $135-$145 billion amid AI investments.
Moderna shares fell as much as 25% Thursday after a cancer vaccine data leak, though the full results showed positive efficacy in reducing melanoma recurrence and death risk alongside Merck’s Keytruda immunotherapy.
Escalating U.S.-Iran military tensions rekindled concerns about oil price impacts on the economy, though stock markets showed resilience with the S&P 500 near record highs despite rising energy costs.
