Stocks & Bond News

Nvidia Supplier TSMC Says Semiconductor Industry Sales Could Grow 10% Amid AI Boom

Nvidia (NVDA) and Apple (AAPL) supplier TSMC (TSM) said Thursday it sees big sales gains for the industry because of soaring demand for artificial intelligence (AI) products.

Meta, T-Mobile and Disney Boosted US Dividend Growth in First Quarter

Dividend growth accelerated in the first quarter to a record $164.3 billion, propelled by distributions from companies such as Meta (META), Walt Disney & Co. (DIS), and T-Mobile (TMUS), according to a recent Janus Henderson Global Dividend Index report.

Snowflake Misses Earnings and Operating Margin Guidance; Shares Drop

Snowflake’s revenue came in better than analysts expected, however, benefiting from continued strong artificial intelligence (AI) product demand.

Dow Jones Today: Nvidia Surge Propels Nasdaq Higher; Rising Treasury Yields Trip Up Dow

Live Nation Entertainment (LYV) shares experienced a significant drop during intraday trading on Thursday following the Department of Justice (DOJ) filing an antitrust lawsuit against the Ticketmaster parent company, potentially leading to its breakup.

First Solar Stock Soars Over 18% After Analysts Dub It an AI Play

Analysts suggested Microsoft and other hyperscalers may rely on renewable energy companies like First Solar to satisfy AI demand and meet their carbon neutrality goals.

AstraZeneca Rises to Record High After Announcing Plans for ‘New Era of Growth’

AstraZeneca announced plans Tuesday for a “new era of growth” with 75% revenue growth and 20 new drug launches by 2030.
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