OpenAI’s Presence launch sends software stocks tumbling
OpenAI's new Presence tool pushed the company deeper into corporate software, and shares of established SaaS vendors fell in response....
Stock Market News
Latest stock market news covering equities beyond the Magnificent 7 — sector earnings, IPOs, M&A activity and broader market moves.
Oracle wins Pentagon software contract worth almost $7 billion over 10 years
The Pentagon awarded Oracle a 10-year software contract worth almost $7 billion, sending the stock up about 3% in extended...
Intel jumps 11% after Q2 revenue grows at fastest pace since 2011
Intel beat second-quarter estimates and delivered its fastest revenue growth since 2011, sending the stock up 11% in extended trading....
Micron posts $18B in free cash flow and holds a key high-bandwidth memory role
Micron posted $18 billion in free cash flow for fiscal Q3, backed by $25.39 billion in operating cash flow. The...
S&P 500’s 10% Gain Trails the Market as the AI Trade Spreads, Barron’s Says
The S&P 500 has returned 10% year to date, trailing small-caps, value, and international stocks, according to Barron’s. The bigger...
