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Samsung workers set for $400,000 bonus after deal to share AI profits

Agreement with unions ends wrangling over how to share spoils of boom at memory-chip maker

Elliott Wave view: Russell 2000 surges to record high, launches fresh bull cycle [Video]

Russell 2000 Futures (RTY) has broken to a new all‑time high, initiating a fresh bullish cycle. The rally from the March 30, 2026 low concluded with wave (1) at 2918.4. Afterward, the Index corrected ...

Zscaler forecasts 16%-17% fiscal 2027 ARR and revenue growth while targeting $4.10-$4.11 FY2026 EPS

British Pound holds positive bias above 1.3450 vs USD; upside potential seems limited

The GBP/USD pair attracts some dip-buyers during the Asian session on Wednesday and stalls the previous day's retracement slide from the vicinity of a nearly two-week top, levels just above the 1.3500 ...

Japanese Yen edges higher on intervention risk, renewed Iran–US tensions

The USD/JPY pair loses ground to near 159.20 during the early Asian trading hours on Wednesday. Speculations that Japanese authorities will step in again to prop up the currency provide some support t ...

Dow Jones Futures Rise After S&P 500, Nasdaq Hit Highs; 5 AI Stocks In Buy Areas

The S&P 500, Nasdaq and Russell 2000 hit new highs as Micron surged to top a $1 trillion market cap. Caterpillar, Viavi flashed buy signals.

Euro holds steady near 1.1650 as Iran–US tensions counter hawkish ECB rate outlook

The EUR/USD pair trades on a flat note near 1.1640 during the early Asian session on Wednesday. However, the potential upside for the major pair might be limited amid renewed tensions in the Middle Ea ...

Semtech forecasts $328M Q2 revenue as it targets 35% sequential data center growth

Goldman Sachs gives harsh warning on market concentration

Goldman Sachs is sounding the alarm on what it sees as a dangerous concentration in the artificial intelligence-driven stock market rally. In a May 15 report, Goldman Sachs strategist Ben Snider said ...

Alaska’s Oil Revival Gains Momentum

Oil majors are rediscovering Alaska amid the unprecedented oil and gas crunch caused by the war in the Middle East. Previously considered a sort of toxic drilling destination, the northernmost state i ...

Transcat expects Q1 service organic growth above 7% while targeting high single-digit growth in fiscal 2027

S&P 500, Nasdaq, hit record closing highs on AI optimism

STORY: It was a mostly upbeat Tuesday on Wall Street, despite a slight move downward for the Dow. The S&P 500 climbed about six-tenths of a percent and the tech-heavy Nasdaq added roughly 1.2%, with b ...