Mercury NZ profit rebounds to $321m, dividend lifted
For the current year, Mercury issued ebitdaf guidance of $1075m, and a dividend forecast of 29c. Mercury said…
Anthropic revenue jumps to over $11.5 billion in Q2: report
Thomas Fuller | Lightrocket | Getty Images Anthropic‘s revenue surged more than 14-fold in the second quarter from…
Inflation moderated as Intel and Nvidia fueled the AI trade in last week’s market
No surprises on inflation and new financing developments in the artificial intelligence trade drove the record-breaking action on…
Young Aussies buy into space hype as Elon Musk’s SpaceX sheds billions
Elon Musk’s SpaceX has wiped billions of dollars in market value since making its high-profile public debut. But…
Paysafe Wallet Users Rise 8% as iGaming Volume Accelerates
Paysafe added more consumers to its digital wallets in the second quarter, but those additional users did not…
3 of our stocks surged in the AI trade came back. 3 others stumbled
The stock market moved higher since our last CNBC Investing Club Monthly Meeting as the artificial intelligence trade…
Nebius has tripled in 2026, but it can rise more, Bank of America says
Nebius Group has more than tripled this year due to the artificial intelligence boom, but it still has…
SpaceX Rivals Rocket Lab And AST SpaceMobile Sink After Mixed Earnings
SpaceX rivals Rocket Lab and AST SpaceMobile reported mixed-to-weak second-quarter results late Monday, though both guided higher. The…
TSMC sees 45% sales surge as AI demand stays strong
Taiwan Semiconductor Manufacturing Co. (TSMC) signage on the floor of the New York Stock Exchange (NYSE) in New…
‘SaaSpocalypse’ debate intensifies as software stocks swing wildly
Michael Cannon-Brookes, co-CEO of Atlassian. Scott Mlyn | CNBC The “SaaSpocalypse” was raging this week. Then it got…
Grindr CEO: Revenue growth shows the AI spend is paying off
George Arison, chief executive officer of Grindr, in New York, US, on Thursday, June 4, 2026. Emma Rose…
Eli Lilly (LLY) earnings Q2 2026
Eli Lilly on Wednesday reported second-quarter earnings and revenue that blew past estimates and hiked its full-year sales outlook,…