Investing.com -- Applied Materials reported record third-quarter revenue on Thursday as surging demand for AI-related semiconductors drove strong growth across its chipmaking equipment business, while the company raised its expectations for semiconductor systems revenue for calendar 2026.
The chip equipment maker posted revenue of $9.12 billion for the quarter ended July 26, up 25% from a year earlier. GAAP net income rose 43% to $2.54 billion, while adjusted earnings... (continue reading...)
NYC Pied-a-terre Tax Can Proceed For Now, Appeals Court Says - Bloomberg
Investing.com -- Workday (NASDAQ: WDAY) shares surged 25% Thursday afternoon following a Reuters report that private equity firm Silver Lake is in talks to acquire the company.
The stock was halted three times on circuit breakers as trading volatility spiked on the news. According to the report, Silver Lake and Workday have held discussions about a potential deal in recent months, though the talks are ongoing and no guarantee... (continue reading...)
Investing.com -- Webull's new managed bond portfolios hold individual positions as small as $100 per CUSIP, against a traditional market where reasonable execution typically requires upwards of $10,000 per position, the company recently told Investing.com.
Webull announced in late July that it has cut the account minimum for a professionally managed individual bond portfolio to $500, from an industry norm above $250,000.
The platform’s head of fixed income Matt Peterson... (continue reading...)
Investing.com -- OpenAI announced Thursday that Chief Revenue Officer Denise Dresser is leaving the artificial intelligence company less than a year after joining, marking another senior departure as the firm prepares for its initial public offering.
The company said Dresser is leaving "to pursue other opportunities." OpenAI hired Dali Rajic, former president and chief operating officer of cybersecurity firm Wiz, as her replacement.
"The opportunity to work hands-on with... (continue reading...)
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