by Anusuya Lahiri | Oct 16, 2026 | General
Seagate Technology Holdings Plc. (NASDAQ:STX) and Western Digital Corp. (NASDAQ:WDC) remain major beneficiaries of AI-driven storage demand, but both stocks have come under pressure as investors reassess valuations, future supply growth and the financing burden behind...
by Kaustubh Bagalkote | Oct 16, 2026 | General
Nebius Group N.V. (NASDAQ:NBIS) stock is trading nearly 6% lower on Friday as investors weigh concerns about artificial intelligence infrastructure spending following a warning from Gartner about the future of neocloud providers. The decline comes as technology stocks...
by Benzinga Insights | Oct 16, 2026 | General
Advanced Energy Indus (NASDAQ:AEIS) has outperformed the market over the past 10 years by 4.25% on an annualized basis producing an average annual return of 17.94%. Currently, Advanced Energy Indus has a market capitalization of $10.43 billion. Buying $1000 In AEIS:...
by Avi Kapoor | Oct 16, 2026 | General
Charles Schwab Corp. (NYSE:SCHW) on Thursday reported mixed third-quarter results. Adjusted earnings of $1.69 per share beat the analyst consensus estimate of $1.66. Revenue rose 17% year over year to a record $7.17 billion, versus the consensus estimate of $7.19...
by Namrata Sen | Oct 16, 2026 | General
Editor’s note: The story has been updated to include a comment from the White House. President Donald Trump’s White House ballroom project donor list reportedly reveals companies and individuals linked to federal contracts, policy decisions, and a presidential pardon....
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