Persistent market archive

Market News

Finance, business, and economy headlines with related U.S. tickers, event materiality, publisher context, and links to the original source.

1,312 archived storiesUpdated continuouslyTicker matching where identifiable
FourWeekMBA·Nov 2, 202645 signal

Opus 5.5 Leads SemiAnalysis’s GDPx Agent Benchmark at 12%

,000+ executives read Business Engineer for the AI strategy frameworks cited by ChatGPT, Claude, and Perplexity. A note on sourcing. Scores, costs, task counts and quotations come from SemiAnalysis’s 2 November X thread, its GDPx leaderboard images and the public portion of its newsletter. The 91% and 32% comparisons are our arithmetic. Sources: SemiAnalysis, GDPx: [...]

Business
The Motley Fool·Nov 2, 202645 signal

Can SpaceX Overcome the AI Trade Sell-Off?

Artificial intelligence (AI) stocks are stumbling lately as shareholders scrutinize tech companies' latest quarterly results. What they're looking for are signs of life from the monumental investments the...

Business
Business Insider·Nov 2, 202645 signal

Another Chip Stock Selloff Shows How the AI Trade Is Getting Pickier

By Huileng Tan You're currently following this author! Click to unsubscribe from email alerts. Kioxia's stock plunge in Japan highlights growing investor scrutiny of the AI trade. Kiyoshi Ota/Bloomberg/Getty Images The latest selloff in a high-flying chip stock shows just how demanding investors in the AI trade have be

Business
BigGo Finance·Nov 2, 202676 signal

Kioxia's Quarterly Revenue Surges a Record 453%, but Current-Quarter Profit Guidance Misses by 15% and Shares Tumble

Japanese NAND flash memory giant Kioxia reported July-September results: revenue of ¥2.48 trillion (approximately $15.7 billion), up 453.2% year over year, and adjusted operating profit of ¥1.9883 trillion (approximately $12.6 billion) at an 80.2% margin, both record highs. However, its October-December adjusted operating profit guidance of about ¥2 trillion (approximately $12.7 billion) is roughly 15% below market expectations, with only about 1% sequential growth, which the company attributed to shipment timing mismatches. Meanwhile, the average selling price increase for NAND flash narrowed from about 70% in the prior quarter to the "mid-20% range," and the chief financial officer acknowledged uncertainty over whether prices can keep rising in fiscal 2027. Shares fell as much as about 15% intraday. Kioxia still stressed that 2027 capacity is sold out and multiyear contracts cover more than 50% of 2028, and it paid an interim dividend of ¥30 (approximately $0.19) per share for the first time.

Business
RTTNews·Nov 2, 202645 signal

Asian Markets Trade Mixed

Asian markets are trading mixed on Monday, following the broadly negative cues from Wall Street on Friday, amid weakness in technology stock which mirrored their peers on tech-heavy Nasdaq on renewed concerns about the AI trade.

Business