Super Micro Computer Raises Revenue Forecast on Strong AI Server Demand
Super Micro Computer (SMCI) boosts annual revenue outlook to $40B, reporting strong Q2 results driven by AI server demand and improved operational execution.
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Texas Instruments Acquires Silicon Labs for $7.5 Billion
Texas Instruments to buy Silicon Labs for $7.5B in cash deal, expanding wireless connectivity portfolio. Silicon Labs shares surge 51% on announcement.
Chipotle's 2026 Sales Forecast Falls Short as Budget-Conscious Diners Cut Back
Chipotle forecasts flat 2026 sales, missing Wall Street expectations as cost-conscious consumers reduce dining out amid economic uncertainty and rising food costs.
Take-Two Beats Expectations, Confirms GTA 6 November Launch
Take-Two (TTWO) surpasses Q3 bookings forecasts with $1.76B, raises full-year outlook, and reaffirms Grand Theft Auto 6 release for November 19, 2026.
AMD's Q1 Forecast Falls Short of High Investor Expectations
AMD's Q1 2026 revenue forecast of $9.8B disappoints investors hoping for stronger AI chip sales growth, despite beating average analyst estimates.
PepsiCo Slashes Prices Up to 15% on Popular Snacks Amid Consumer Affordability Crisis
PepsiCo cuts prices on Lay's, Doritos by up to 15% as inflation-hit consumers demand relief. Company beats Q4 expectations, focuses on portion control and brand refresh.