JHVEPhoto Nasdaq's ( NDAQ ) trading volume climbed in U.S. and European equities in May, along with stable U.S. equity options volume. Trading in European options and futures, though, declined from the prior month and the year-ago period. U.S. matched equity volume of 57.8B shares rose 6.6% from 54.2B in April and 17% from May 2025's 49.5B level. European equity volume of $95.5B of shares increase...
JHVEPhoto Nasdaq's ( NDAQ ) trading volume climbed in U.S. and European equities in May, along with stable U.S. equity options volume. Trading in European options and futures, though, declined from the prior month and the year-ago period. U.S. matched equity volume of 57.8B shares rose 6.6% from 54.2B in April and 17% from May 2025's 49.5B level. European equity volume of $95.5B of shares increased 6.8% M/M and 19% Y/Y. U.S. equity options volume of 389M rose 1.8% M/M and 23% from the same month a year ago. European options and futures volume of 4.3M contracts slipped 2.3% M/M and 12% Y/Y. More on Nasdaq Nasdaq, Inc. (NDAQ) Presents at 46th Annual William Blair Growth Stock Conference Prepared Remarks Transcript Nasdaq: My Multiple Target Has Been Reached, So I Am Upgrading To A Buy Nasdaq, Inc. (NDAQ) Q1 2026 Earnings Call Transcript Earnings scoreboard for financials: 18 of 19 companies see Y/Y growth in earnings Nasdaq outlines $100M AI expense efficiencies by 2027 as it plans 23/5 trading launch on December 6, 2026
Jade Biosciences ( JBIO ) on Wednesday said it intends to offer shares of common stock and, in lieu of common stock for certain investors, pre-funded warrants in an underwritten public offering. The company also plans to grant underwriters a 30-day option to purchase up to an additional 15% of the securities offered. Proceeds will be used to support clinical trials, preclinical studies, manufactur...
Jade Biosciences ( JBIO ) on Wednesday said it intends to offer shares of common stock and, in lieu of common stock for certain investors, pre-funded warrants in an underwritten public offering. The company also plans to grant underwriters a 30-day option to purchase up to an additional 15% of the securities offered. Proceeds will be used to support clinical trials, preclinical studies, manufacturing, research and development activities, and general corporate purposes. Shares down 3% in after-hours trading. More on Jade Biosciences, Inc. Jade Biosciences: Strong Early Signal, But Still A Wait For Proof Jade Biosciences, Inc. (JBIO) Discusses Positive Interim Results From JADE101 Phase I Healthy Volunteer Study and Development Plans Transcript Jade Biosciences: Caution Advised Before Clinical Trial Results Seeking Alpha’s Quant Rating on Jade Biosciences, Inc. Historical earnings data for Jade Biosciences, Inc.
North of Dallas, towns like Frisco, Prosper and Celina became some of the fastest-growing suburbs in the US, fueled in part by corporate relocations and Indian-born workers with H-1B visas. But tech layoffs, higher visa costs, tighter immigration rules and AI disruption are now cooling demand in a housing market built around rapid growth. (Source: Bloomberg)
North of Dallas, towns like Frisco, Prosper and Celina became some of the fastest-growing suburbs in the US, fueled in part by corporate relocations and Indian-born workers with H-1B visas. But tech layoffs, higher visa costs, tighter immigration rules and AI disruption are now cooling demand in a housing market built around rapid growth. (Source: Bloomberg)
Broadcom CEO Hock Tan speaks at the digital X event in Cologne, Germany, on Sept. 13, 2022. Ying Tang | Nurphoto | Getty Images Broadcom reported weaker-than-expected revenue in its fiscal second-quarter earnings report. The stock slid in extended trading. Here's how the chipmaker did versus LSEG consensus estimates: Earnings per share: $2.44, adjusted, versus $2.40 estimated Revenue: $22.19 billi...
Broadcom CEO Hock Tan speaks at the digital X event in Cologne, Germany, on Sept. 13, 2022. Ying Tang | Nurphoto | Getty Images Broadcom reported weaker-than-expected revenue in its fiscal second-quarter earnings report. The stock slid in extended trading. Here's how the chipmaker did versus LSEG consensus estimates: Earnings per share: $2.44, adjusted, versus $2.40 estimated Revenue: $22.19 billion versus $22.27 billion estimated Revenue climbed 48% from $15 billion in the same quarter a year earlier, Broadcom said in a statement. Sales have climbed in recent quarters, driven by demand for custom AI chips, including Google's tensor processing unit. The company said revenue this quarter will be about $29.4 billion, versus $28.53 billion expected by Wall Street analysts. Broadcom shares are up close to 40% this year as of Wednesday's close, topping the Nasdaq's 16% gain. The stock has multiplied almost ninefold since the end of 2022, when ChatGPT kicked off the generative AI boom. Net income increased to $9.31 billion, or $1.91 per share, up 88% from $4.97 billion, or $1.03 per share in the same quarter a year earlier. Adjusted earnings exclude stock-based compensation and tax adjustments. Broadcom helps other technology companies build custom chip designs, offering intellectual property and other essential technologies that AI chips require. It has attracted increased attention from investors as cloud giants including Amazon, Meta, and Microsoft design their own custom chips. In December, Tan said that Anthropic had placed an order for $10 billion in AI chips. AI revenue more than doubled in the second quarter on an annual basis to $10.8 billion, which CEO Hock Tan attributed in a statement to the company's custom AI chips as well as other parts needed to network them together. He said the company expected AI revenue to triple in the current quarter to $16 billion. Broadcom reported $15.1 billion in revenue from semiconductor solutions, the company's chip sales divi...
The US Department of Agriculture said a case of New World screwworm may have been detected in South Texas, a development that could pose a fresh threat to the nation’s cattle herd already at its lowest level in 75 years. The agency said in a post on X that a sample is now at an Iowa lab for confirmation testing. Reuters reported earlier Wednesday that the samples were from a cattle ranch in La Pry...
The US Department of Agriculture said a case of New World screwworm may have been detected in South Texas, a development that could pose a fresh threat to the nation’s cattle herd already at its lowest level in 75 years. The agency said in a post on X that a sample is now at an Iowa lab for confirmation testing. Reuters reported earlier Wednesday that the samples were from a cattle ranch in La Pryor, Texas, citing Texas state representative Don McLaughlin. If confirmed, it would be the first detection of screwworm in the US since 2016 when a case was reported among deer in the Florida Keys, before being eradicated by early 2017, according to the USDA . That would likely trigger restrictions to the movement of cattle that could impact the activity of meatpackers. Shares of beef processors and Chicago live cattle futures fell. Tyson Foods Inc. dropped as much as 5.8% to the lowest intraday level in about five months, while JBS NV shares fell more than 3% to the lowest since US trading began nearly a year ago. The US has been trying to contain the spread of the pest, which can kill an animal within days, by pausing imports of live Mexican cattle and building new facilities to disperse sterile flies. Still, the number of cases has recently accelerated in Mexico. The closest previous bovine case was detected less than 40 miles away from the US on May 29, while it was also detected around the same time in a goat about 25 miles away, according to the USDA . Read More: More Screwworm Cases in Mexico Threaten Cattle Trade With US While the risk to humans is low, the US also confirmed one case of the parasite last year in an individual who had traveled from Central America.
Sundry Photography Broadcom ( AVGO ) shares fell 5.5% in extended trading on Wednesday even as the semiconductor and software giant reported second-quarter results and guidance that topped Wall Street's estimates, suggesting investors wanted more. For the period ending May 3, the Hock Tan-led company said it earned an adjusted $2.44 per share as revenue rose 48% year-over-year to $22.19B. Included...
Sundry Photography Broadcom ( AVGO ) shares fell 5.5% in extended trading on Wednesday even as the semiconductor and software giant reported second-quarter results and guidance that topped Wall Street's estimates, suggesting investors wanted more. For the period ending May 3, the Hock Tan-led company said it earned an adjusted $2.44 per share as revenue rose 48% year-over-year to $22.19B. Included in the $22.19B was $15.01B from semiconductors, up 79% year-over-year, while infrastructure revenue rose 9% to $7.18B. Analysts had expected the company to earn an adjusted $2.39 per share on $22.13BB in revenue. “Broadcom ( AVGO ) achieved record revenue, operating profit and free cash flow in Q2 driven by accelerating growth in AI semiconductor revenue and strong operating leverage. Q2 semiconductor revenue from AI of $10.8 billion grew 143% year-over-year, above our forecast, driven by increasing demand for custom AI accelerators and AI networking,” said Tan in a statement. “The momentum continues and in Q3 we expect semiconductor revenue from AI to grow over 200 percent year-over-year to $16.0 billion.” Looking ahead, Broadcom said it expects third-quarter revenue to be approximately $29.4B, with adjusted EBITDA around 68%. Analysts had expected $28.25B in third-quarter sales. Jonathan Weber , Investing Group Leader for Cash Flow Club, said the results were "very strong,” and the company is benefiting from the "massive tailwind" that is artificial intelligence. “While Broadcom was cheaper a couple of months ago, it's still not overly expensive today, and with its accelerating growth rate, I still like the stock,” Weber said via email. In addition, Broadcom said its board of directors approved a quarterly cash dividend of $0.65 per share. The dividend is payable on June 30 to stockholders of record on June 22. The company will host a conference call at 5 p.m. EST to discuss the results. (This story has been updated to include analyst commentary.) More on Broadcom Broadc...
Sundry Photography Broadcom ( AVGO ) shares fell 5.5% in extended trading on Wednesday even as the semiconductor and software giant reported second-quarter results and guidance that topped Wall Street's estimates, suggesting investors wanted more. For the period ending May 3, the Hock Tan-led company said it earned an adjusted $2.44 per share as revenue rose 48% year-over-year to $22.19B. Included...
Sundry Photography Broadcom ( AVGO ) shares fell 5.5% in extended trading on Wednesday even as the semiconductor and software giant reported second-quarter results and guidance that topped Wall Street's estimates, suggesting investors wanted more. For the period ending May 3, the Hock Tan-led company said it earned an adjusted $2.44 per share as revenue rose 48% year-over-year to $22.19B. Included in the $22.19B was $15.01B from semiconductors, up 79% year-over-year, while infrastructure revenue rose 9% to $7.18B. Analysts had expected the company to earn an adjusted $2.39 per share on $22.13BB in revenue. “Broadcom ( AVGO ) achieved record revenue, operating profit and free cash flow in Q2 driven by accelerating growth in AI semiconductor revenue and strong operating leverage. Q2 semiconductor revenue from AI of $10.8 billion grew 143% year-over-year, above our forecast, driven by increasing demand for custom AI accelerators and AI networking,” said Tan in a statement. “The momentum continues and in Q3 we expect semiconductor revenue from AI to grow over 200 percent year-over-year to $16.0 billion.” Looking ahead, Broadcom said it expects third-quarter revenue to be approximately $29.4B, with adjusted EBITDA around 68%. Analysts had expected $28.25B in third-quarter sales. Jonathan Weber , Investing Group Leader for Cash Flow Club, said the results were "very strong,” and the company is benefiting from the "massive tailwind" that is artificial intelligence. “While Broadcom was cheaper a couple of months ago, it's still not overly expensive today, and with its accelerating growth rate, I still like the stock,” Weber said via email. In addition, Broadcom said its board of directors approved a quarterly cash dividend of $0.65 per share. The dividend is payable on June 30 to stockholders of record on June 22. The company will host a conference call at 5 p.m. EST to discuss the results. (This story has been updated to include analyst commentary.) More on Broadcom Broadc...
thamerpic/iStock Editorial via Getty Images Glencore ( GLCNF ) ( GLNCY ) said Wednesday it resumed operations at its Cerrejón mine in Colombia, one of the world's largest open-pit coal mines, after a 10-day railway blockade forced it to suspend activity and declare force majeure. The company said it began restarting operations after lifting the force majeure declaration on June 2 once essenti...
thamerpic/iStock Editorial via Getty Images Glencore ( GLCNF ) ( GLNCY ) said Wednesday it resumed operations at its Cerrejón mine in Colombia, one of the world's largest open-pit coal mines, after a 10-day railway blockade forced it to suspend activity and declare force majeure. The company said it began restarting operations after lifting the force majeure declaration on June 2 once essential supply levels had been restored, after the blockade had prevented deliveries needed to maintain production and export activities. Cerrejón, which is one of Colombia's most important export operations and a major supplier to the Atlantic thermal coal market, has faced nearly 80 blockades so far this year, most linked to protests against the government over the lack of basic services in nearby communities. Communities around the mine have for years used blockades to protest what they say is harsh pollution that has affected their health and the environment. More on Glencore Glencore Shareholder/Analyst Call Transcript Glencore Shareholder/Analyst Call - Slideshow Glencore: Some Internal Changes Warrant An Update Of Valuation
Broadcom Inc. delivered a forecast for the current period that disappointed investors, signaling that AI-fueled sales are growing more slowly than some had anticipated. Revenue will be about $29.4 billion in the fiscal third quarter, which runs through July, the company said in a statement Wednesday. While analysts estimated $28.6 billion on average, some projections ranged billions of dollars hig...
Broadcom Inc. delivered a forecast for the current period that disappointed investors, signaling that AI-fueled sales are growing more slowly than some had anticipated. Revenue will be about $29.4 billion in the fiscal third quarter, which runs through July, the company said in a statement Wednesday. While analysts estimated $28.6 billion on average, some projections ranged billions of dollars higher, according to data compiled by Bloomberg. Though the company is making headway pivoting to artificial intelligence customers, it’s up against outsized investor expectations. Broadcom added roughly $270 billion in market value over the last five trading sessions before the earnings report, fueled by AI optimism. Broadcom has gotten a boost from rising demand for AI chips from customers like Alphabet Inc. ’s Google and Anthropic PBC . The company also recently announced an expanded multibillion-dollar deal with Meta Platforms Inc. for custom semiconductors to power the social media giant’s artificial intelligence efforts. Still, the latest report failed to satisfy investors, with the stock falling 6% in late trading. It was up 38% this year through the close.