April 24, 2026 11:35 am
Key Moments Intel’s CPU demand from AI service providers was so strong in the first quarter that it sold previously written-off inventory. The stock jumped 28% to $85 in premarket trading, set to exceed its dot-com era record and potentially add more than $90 billion in market value. At least 14 brokerages raised Intel’s price […]
Read moreApril 24, 2026 8:29 am
Key Moments Cisco introduced a prototype switching chip. It links different quantum computers over fiber-optic networks. The device runs at room temperature. It translates between systems such as atomic and superconducting quantum architectures. Executives say large quantum networks may emerge in the 2030s. However, security uses could appear in about three years. Cisco Targets a […]
Read moreApril 23, 2026 2:27 pm
Key Moments Blackstone reported higher earnings while addressing investor concerns about conditions in private debt markets. Chairman and CEO Stephen Schwarzman said the firm sees a move toward lower base rates after the impact of the Iran war is absorbed. Schwarzman emphasized that Blackstone funds were structured for credit cycles, highlighting low leverage, strong income, […]
Read moreApril 23, 2026 12:51 pm
Key Moments Sazerac has reportedly made a $15 billion all-cash bid for Brown-Forman Corporation (NYSE: BF.B), valuing the stock at approximately $32 per share. Brown-Forman shares have climbed more than 25% over the last 30 days and are currently trading around $29 per share on a merger-driven premium. Brown-Forman posted a third-quarter 2026 EPS of […]
Read moreApril 23, 2026 10:09 am
Key Moments Lululemon Athletica (NASDAQ:LULU) stock fell nearly 4% in premarket trading after the company unveiled Heidi O’Neill as its incoming Chief Executive Officer. O’Neill is scheduled to take over as CEO and join the Board on September 8, 2026, following a search that began after the prior CEO’s departure in January. Barclays expects O’Neill’s […]
Read moreApril 23, 2026 8:09 am
Key Moments Tesla lifted its 2026 capital expenditure outlook to more than $25 billion, up from a prior forecast of over $20 billion. The company reported first-quarter free cash flow of $1.44 billion, defying expectations for a $1.43 billion cash burn. Tesla plans to ramp volume production of its fully autonomous Cybercab this year and […]
Read moreApril 22, 2026 1:58 pm
Key Moments Amazon.com Inc (NASDAQ: AMZN) has climbed to around $250 per share after a rally of nearly 30% in recent weeks, approaching its all-time high. Momentum has been driven by renewed confidence in Amazon’s artificial intelligence investments and the confirmed acquisition of Globalstar. Despite the strong move and an overbought technical setup, analysts remain […]
Read moreApril 22, 2026 1:32 pm
Key Moments Philip Morris International reduced its full-year adjusted EPS range to $8.36-$8.51, citing regulatory and competitive pressures around Zyn nicotine pouches. First-quarter revenue reached $10.15 billion and adjusted EPS came in at $1.96, both surpassing analyst estimates. Smoke-free product revenue grew 12.4% in the quarter, while Zyn shipment volumes in the U.S. declined 23.5%. […]
Read moreApril 22, 2026 1:17 pm
Key Moments Alphabet (NASDAQ:GOOGL) stock gained 1.7% after Google Cloud unveiled its eighth-generation TPUs and new AI offerings at Cloud Next ’26. Google Cloud launched a $750 million fund to back its 120,000-member partner ecosystem in building and deploying agentic AI solutions. Internally, Google stated that 75% of all new company code is now AI-generated […]
Read moreApril 22, 2026 10:27 am
Key Moments The Consumer Federation of America filed a class-action complaint in Washington, D.C., accusing Meta Platforms of profiting from scam-related advertising. Internal Meta estimates cited in the complaint indicate users were shown 15 billion “higher risk” scam ads per day in 2024, generating an annualized $7 billion in revenue. Meta is alleged to have […]
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