Edwards Lifesciences beat Wall Street estimates for third-quarter results on Thursday, driven by strong demand for its artificial heart valves and other medical devices, with shares rising about 3% in... ...

Netflix on Thursday announced a ten-for-one forward stock split plan of its common stock, making the company's shares more affordable for retail investors. ...

Oracle, OpenAI and Related Digital on Thursday announced the trio will start construction of a data center under the Stargate banner early next year in Michigan. ...

Edwards Lifesciences said on Thursday its Chief Financial Officer Scott Ullem will step down by mid-2026 and remain in an advisory role after a successor is named. ...

Apple Chief Executive Tim Cook on Thursday gave a forecast for holiday quarter iPhone sales and overall revenue that beat Wall Street expectations, powered by orders for iPhone 17 models that the comp... ...

Core Insights - Motorola Solutions exceeded third-quarter profit estimates and projected revenue growth for the current quarter above expectations, driven by consistent demand for its security products and critical communications solutions [1] Financial Performance - The company reported strong financial results for the third quarter, indicating robust performance in its core segments [1] - Revenue growth is anticipated to continue, reflecting positive market conditions and customer demand [1] Product Demand - Steady demand for security products has been a significant factor in the company's performance, highlighting the importance of this segment in driving revenue [1] - Critical communications solutions also contributed to the overall growth, showcasing the company's diverse product offerings [1]

Core Insights - Monolithic Power Systems forecasts fourth-quarter revenue above estimates, driven by strong demand for power control products and semiconductors due to the artificial intelligence boom [1] Company Summary - The company expects robust performance in its product lines, particularly in the context of increasing AI-related applications [1] Industry Summary - The artificial intelligence sector is significantly influencing demand for semiconductors and power control products, indicating a broader trend in technology adoption [1]

Chipmaker Intel is in talks to acquire artificial intelligence processor maker SambaNova, Bloomberg News reported on Thursday. ...

Core Insights - Coinbase Global reported a significant increase in third-quarter profit due to heightened volatility in digital assets, which led to increased trading volumes at the cryptocurrency exchange [1] Company Summary - The third-quarter profit for Coinbase Global saw a notable rise, attributed to the increased trading activity driven by market volatility in digital assets [1] Industry Summary - The cryptocurrency exchange industry is experiencing heightened trading volumes as a result of increased volatility in digital assets, positively impacting companies like Coinbase Global [1]

Core Insights - Roku reported a 14% increase in third-quarter revenue, driven by a growing user base and increased advertising sales [1] Revenue Growth - The 14% rise in revenue indicates strong performance in the third quarter, highlighting the effectiveness of Roku's strategies in user acquisition and monetization through advertising [1] User Base Expansion - The expansion of Roku's user base is a significant factor contributing to the revenue growth, suggesting that the company is successfully attracting more viewers to its platform [1] Advertising Sales - Increased advertising sales are a key driver of revenue, reflecting the company's ability to capitalize on its growing audience and enhance its advertising offerings [1]