CEO Haviv Ilan noted that the cyclical recovery is continuing, while customer inventories remain at low levels, and emphasized that in times like these, it is crucial to have sufficient capacity and inventory
AT&T’s Q2 revenue increased 3.5% year-over-year to $30.8 billion, beating the analysts' consensus estimate of $30.4 billion, according to Fiscal AI data.
Baird’s Tristan Gerra attributed the post-market weakness to investors' concerns about a change in the management tone on the call, combined with a sequentially flattish gross margin guidance.
Providing additional updates on the breach, Microsoft said in a blog post on Tuesday that two Chinese nation-state operators, Linen Typhoon and Violet Typhoon, exploited vulnerabilities in the internet-facing SharePoint servers.
Musk said over the weekend that Tesla’s assisted driving capabilities will see “a step change improvement” as the company integrates the upgrades it made for the robotaxi into the general production vehicles.
Bank of America increased Dell’s price target to $165, citing strong growth potential from AI demand, and also raised its FY26 revenue and earnings forecasts.
MEI Pharma intends to use the funds to acquire the native cryptocurrency of the Litecoin blockchain, commonly referred to as “LTC”, which will serve as the company’s primary treasury reserve asset.
According to a report by Bloomberg, the company has approached private credit firms and is exploring financing terms that would include a payment-in-kind (PIK) feature.
