Eric Schmidt, former Google CEO, believes the AI industry is not in a dot-com bubble but rather the beginning of a new industrial structure, supported by massive investments and data centers, despite ...

Shares of Taiwan Semiconductor Manufacturing ( TSM -0.65%) jumped after the semiconductor contract manufacturer reported strong Q2 results and issued an upbeat outlook. The stock is now up nearly 25% ...

PepsiCo jumped 7.5% after delivering revenue and profit that topped Wall Street’s expectations. The drink and snack giant also stood by its financial forecasts given in April, which projected lower ...