US stock futures dropped following President Trump's business visit to China, which secured deals for companies like Boeing and Nvidia but left key diplomatic issues unresolved. Investors reacted to mixed earnings reports: Figma's shares rose after strong Q1 results and raised guidance, while Dlocal's shares fell despite a buyback plan. Analysts advise caution amid geopolitical tensions and suggest focusing on sectors like technology over energy. Economic data on industrial production is awaited, with commodities showing mixed movements.
Applied Materials reported a record fiscal second quarter with revenue of $7.91 billion, surpassing analyst expectations, driven by strong demand linked to AI investments. Adjusted earnings per share were $2.86, beating estimates, and the company exp...
Applied Materials reported record Q2 2026 revenue of $7.91 billion, an 11% increase year-over-year, with GAAP EPS rising 33% to $3.51. The company benefits from strong demand for semiconductor equipment driven by AI infrastructure build-out and annou...
Craig Johnson of Piper Sandler warns that the US tech sector now makes up 41% of investable assets, a level not seen since the 2000 dot-com bubble peak. This concentration is driven by a few mega-cap stocks like NVIDIA, Apple, and Microsoft, which to...
Concerns about AI disruption have led to lower valuations in the software industry and some financial institutions, while value sectors like energy, materials, utilities, consumer staples, industrials, and real estate saw gains. The Virtus Terranova ...
Applied Materials announced that Arizona State University, Rensselaer Polytechnic Institute, and Stanford University will join its new EPIC Center in Silicon Valley as inaugural research partners. This collaboration aims to accelerate semiconductor i...
