Thomas Fuller | SOPA Images | Lightrocket | Getty Images Snowflake raised its fiscal 2026 forecast for product revenue on Wednesday, betting on strong demand for its data analytics services as enterprises prioritize artificial intelligence spending. The company’s shares rose 6% to $190.09 in extended trading after it topped first-quarter results estimates and forecast current-quarter…
Elon Musk listens as reporters ask U.S. President Donald Trump and South Africa President Cyril Ramaphosa questions during a press availability in the Oval Office at the White House on May 21, 2025 in Washington, DC. Chip Somodevilla | Getty Images Sen. Jeanne Shaheen urged President Donald Trump on Wednesday to require billionaire Elon Musk…
WASHINGTON — House Republican leaders faced a last-minute revolt Wednesday by members of the party’s hardline conservative faction, who opposed their latest attempt to win support from moderate members of the conference for President Donald Trump’s “big, beautiful” tax bill. As a pivotal meeting of the House Rules Committee entered its sixteenth hour after starting…
Jim Cramer ran through each holding during the May Monthly Meeting on Wednesday. [title_words_as_hashtags
The market’s remarkable one-month turnaround from the tariff-induced rout may have many investors wondering how to position themselves for what lies ahead. The S & P 500 is above the level it traded on April 2, when President Donald Trump detailed his sweeping tariff policy. Stocks tumbled in the wake of that announcement and remained…
OpenAI Chief Executive Officer Sam Altman appears on screen during a talk with Microsoft Chairman and Chief Executive Officer Satya Nadella at the Microsoft Build 2025, conference in Seattle, Washington on May 19, 2025. Jason Redmond | AFP | Getty Images OpenAI said on Wednesday that it’s buying Jony Ive’s AI devices startup io for…
Andy Jassy, CEO of Amazon, speaks during an unveiling event in New York on Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon CEO Andy Jassy said Wednesday that the company hasn’t seen any signs of consumers tightening their wallets in the face of President Donald Trump’s sweeping tariffs. Jassy’s comments came during…
In this February 15, 2025 a Boeing 747 sits on the tarmac of Palm Beach International airport after US President Donald Trump toured the aircraft on February 15, 2025. Roberto Schmidt | Afp | Getty Images The Trump administration has formally accepted a Boeing 747 jet that was gifted to the U.S. by the government…
Windows 11 operating system logo is displayed on a laptop screen for illustration photo. Beata Zawrzel | Nurphoto | Getty Images Microsoft said Wednesday that it broke down the Lumma Stealer malware project with the help of law enforcement officials across the globe. The tech giant said in a blog post that its digital crimes…
Check out the companies making headlines in midday trading. Target — The big-box retailer fell 4% on disappointing first-quarter results . Target also cut its full-year sales outlook, partly blaming falling consumer sentiment and uncertainty about tariffs. Toll Brothers — The stock added 2.8% after the homebuilder beat on both the top and bottom lines…
