Super Micro Computer soared Tuesday night after the AI server maker reported a boom in preliminary sales for the latest quarter. Rivals Dell Technologies and Hewlett-Packard Enterprise also rose. Super Micro Computer (SMCI), or Supermicro, reported spectacular preliminary earnings for its fiscal first quarter. The AI server maker sees sales of $18.5 billion to $19.5 … Read more
United Airlines is cutting its profit forecast for the year as fuel costs continue to fall, but the airline said passengers are still booking. United said Tuesday that it expects to earn between 50 cents and $1.50 per share on an adjusted basis in the fourth quarter, well below the $1.76 per share that Wall … Read more
SpaceX CEO Elon Musk speaks to reporters as President Donald Trump looks on outside the White House in Washington, Sept. 29, 2026.Tierney L. Cross | The Washington Post | Getty ImagesElon Musk said Monday that he will give every child in America a piece of SpaceX next year. He seemed to suggest the gift could … Read more
The rapid rise in mortgage rates in September had a harsh effect on the housing market, according to new monthly data released today. Pending home sales, a measure of contracts signed on existing homes, fell 7.3% since August and 11.3% year over year, according to the National Association of Realtors. This count reflects that buyers … Read more
GM (GM) posted third-quarter results before the bell that topped estimates, toughened its full-year earnings outlook rather than raising it, but instead issued shareholders a new $20 billion share buyback program. For the quarter, GM posted third-quarter revenue of $50 billion, up 2.9% from a year ago and above the Bloomberg consensus of $48.52 billion. … Read more
Walmart on Tuesday announced a new joint membership combining its namesake chain and its Sam’s Club subsidiary, as the retailer leans even further into convenience and value to win over cash-strapped shoppers. The membership, which combines Walmart+ and Sam’s Club Plus, will cost $120 per year, according to the company. That price is almost $100 … Read more
General Motors world headquarters in Detroit, January 12, 2026.Jeff Kowalsky | Bloomberg | Getty Images DETROIT – General Motors will report its third-quarter earnings before the bell on Tuesday. Here’s what Wall Street expects, based on average estimates compiled by LSEG: Earnings per share: $3.63 estimated adjusted Revenue: $48.70 billion estimated Those results would mark … Read more
Nvidia is increasing its investments in Europe’s artificial intelligence sector, revealing plans to back four German startups as the country pushes to strengthen its position in industrial AI. The investments are part of the US chipmaker’s nearly $10 billion commitment to invest in companies, universities and research institutions across Europe, as announced at the Invest … Read more
A trader works at the New York Stock Exchange (NYSE) in New York City, USA, September 16, 2026. Jeenah Moon | ReutersUSA Stock futures rose slightly Monday night, following a mostly bullish session on Wall Street as investors poured back into tech names after a fierce sell-off last week. Dow Jones Industrial Average futures traded … Read more
President Donald Trump announced this afternoon that Elon Musk’s SpaceX stock for kids will be delivered through Trump Accounts. Musk said today that he would give one of his SpaceX shares to “every child in America” sometime next year. Musk had thanked Brad Gerstner, the promoter of the Trump account, for “helping make this possible,” … Read more