NZ company results solid but fog of Iran war affects earnings outlooks
“We have net downgrades across the board for 2027, with earnings per share downgrades outweighing upgrades by a…
Infratil boosts earnings as CDC dominates valuation, One NZ dominates profit contribution
It’s not yet delivering the growth of a lifetime, however. Shareholder return for FY26 was 13.9%, ahead of…
The AI Trainers Charging $25,000 a Day to Push Wall Street’s Agentic Shift
Felipe Sinisterra and Dave Wang cash big checks telling Wall Street bankers what’s missing from their AI plans.…
NZ sharemarket trades flat, down 0.1% – Market close
Leading stocks Fisher & Paykel Healthcare, Infratil, Ryman Healthcare, Mainfreight and Goodman NZ are reporting their latest financial…
Box Office Hit ‘The Housemaid’ Boosts Lionsgate’s March Quarter
Lionsgate Studios blew past Wall Street forecasts for its fiscal fourth quarter ended in March as The Housemaid…
After Claude Design Launched, Figma Raised Its Full-Year Out…
When Anthropic released Claude Design in April, one assumption spread quickly through design and tech circles: a prompt-to-interface…
Fisher & Paykel downgrade drags NZX 50 lower as Pacific Edge jumps – Market close
This followed other downgrades by Jarden and Sydney-based Barrenjoey in the past week. Shane Solly, portfolio manager with…
Global shares trade mixed as AI excitement fades and war worries persist
TOKYO (AP) — Global shares traded mixed Wednesday, as fading enthusiasm over AI and other technology stocks gradually…
China’s Tencent sees boost from gaming, AI demand despite revenue miss
Chinese tech giant Tencent on Wednesday reported revenues rose 9% in its first-quarter 2026 earnings, but missed analyst…
SoftBank posts $46 billion gain at Vision Fund driven by OpenAI bet
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in…
AI Wins Have Alphabet Poised to Become World’s Biggest Company
Over the past year, Alphabet Inc. has gone from an artificial intelligence afterthought to the one firm in…
Wall Street AI chip love moves from Nvidia to Intel, AMD and Micron
Lisa Su, CEO of AMD speaks with CNBC on May 6, 2026. CNBC Since the launch of ChatGPT…