AMD stock rallied Monday after the chip giant announced an expanded AI partnership with technology giant Microsoft.
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By Tim Hepher and Shivansh Tiwary FARNBOROUGH, England, July 20 (Reuters) - GE Aerospace has carried out the world’s first high-altitude flight assisted by hybrid-electric propulsion, it said on
(Bloomberg) -- Alibaba Group Holding Ltd. launched a preview version of its flagship Qwen3.8 Max model, which it described as comparable to leading frontier AI models and second only to Anthropic PBC’s Fable 5.Most Read from BloombergUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyTaylor Farms Pulls Mexican Lettuce as Parasite Cases RiseTwo US Troops
Asian shares skidded Friday, with Tokyo’s Nikkei 225 down 5% as heavy selling of computer chipmakers and other AI-related shares dragged markets lower. Stocks related to artificial intelligence have been under pressure for weeks because of worries that their prices have shot too high and that voracious demand for computer memory and processors may not be sustainable if AI ends up not producing as much profit and productivity as promised. Oil prices surged as fighting in the Middle East intensified, while U.S. futures slipped.
The newly created strategic relationship with Microsoft to deploy Expanded Beam Optical technology in AI data centers has lifted 3M's stock price. How should investors play this?
Unveiling marks the company’s first global vehicle launch outside China as it steps up expansion in Europe and other overseas markets amid intensifying competition at home.
Uber stock was slightly higher after the company announced a deal for Delivery Hero, following weeks of negotiations.
Snowflake on Thursday unveiled a compensation package worth up to roughly $448 million for CEO Sridhar Ramaswamy, hinging on the cloud-based data analytics platform's market value almost doubling to $184 billion in seven years. Ramaswamy's award, totaling 1 million shares, is structured into five tranches, each with escalating stock price milestones, and is designed to retain him as CEO until September 15, 2030. Snowflake has been benefiting from clients shifting their workloads to its cloud platform as they invest to develop AI tools.
The AI lab will support rapid prototyping, validation, and scaling of industrial automation for enterprises in mobility and manufacturing.
Nvidia and Palantir are partnering up for sovereign AI.
The Financial Services Commission is seeking to stabilize a stock market that has seen wild swings as individual investors use debt to chase profits amid AI-related jitters.
Liberty Energy Inc. (NYSE:LBRT) shares rose around 3% in premarket trading on Tuesday after the company announced a strategic partnership with SLB (NYSE:SLB) to deliver power generation and infrastructure solutions for data centres worldwide.
The oil and gas giant is teaming with GE Vernova to power next-generation AI data centers.
Company lowered revenue and EBITDA forecasts while accelerating its enterprise AI expansion strategy with Palantir.
China launched and partially recovered a rocket, a milestone for Beijing’s space program as it competes with the U.S. and Elon Musk’s SpaceX.
The M&S storefront on Amazon.nl will stock over 1,000 items across women's, men's and children's clothing.
By Rishika Sadam July 9 (Reuters) - Danish drugmaker Novo Nordisk launched its weekly basal insulin injection, Awiqli, in India on Thursday, aiming to compete with daily-dose options on the market.
SpaceXAI on Wednesday launched the Grok 4.5 AI model, calling it the company's most intelligent offering to date designed for coding and agentic tasks. Here are some details: • SpaceXAI said Grok 4.5 was trained across tens of thousands of Nvidia GB300 graphics processing units, with a focus on meticulous data filtering, deduplication and quality scoring. "We've partnered with SpaceXAI to train Grok 4.5," popular AI coding agent Cursor said.
Investing.com -- Funds managed by Blue Owl Capital on Wednesday launched Kirkwood Infrastructure Group, a new fiber and communications infrastructure company, as rising investment in artificial intelligence and hyperscale data centers fuels demand for high-capacity digital networks across the United States.
Apple Inc (NASDAQ:AAPL, XETRA:APC) announced a new multiyear agreement with Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) valued at more than $30 billion to design and manufacture custom silicon components and wireless connectivity technologies in the United States, marking the company's largest...
As part of the agreement, Baker Hughes will initially supply Kodiak equipment capable of generating 1 GW of power by 2030.
It was only a matter of time. Eventually someone would want a piece of $488 billion-in-assets Invesco QQQ Trust ETF.
For the first time, investors outside the United States can use tokenized stocks as collateral to trade perpetual futures on U.S. equities, without a traditional brokerage account. Ondo Perps, a new decentralized perpetual futures platform built on technology developed by Ondo Finance, launched on ...
Investing.com -- Amazon.com Inc (NASDAQ:AMZN) started an eight-part U.S. investment grade bond sale on Tuesday, aiming to raise at least $25 billion.
General Motors will leverage Micron's memory expertise for vehicle production.
TeraWulf (WULF) shares spiked Monday after the digital infrastructure developer said it secured a 20
Monster Beverage (MNST) shares have spent the summer moving toward record highs, and Morgan Stanley just gave investors a fresh reason to keep watching. The bank reiterated its Overweight rating and $103 price target on the energy drink maker this week. Morgan Stanley is standing by a call it has ...
Joby Aviation, Inc. stock rose Tuesday after the company and Toyota Motor Corporation formed a joint venture to support commercial production and scale-up of Joby’s electric air taxi aircraft. This builds upon a deep, multi-year collaboration and follows Toyota’s massive...
In crypto news today (July 3), Bitcoin has surged back above $60,000, up +2.7% over the past 24 hours as the market continues to show signs of life. Daily liquidations dropped slightly from yesterday, down from $448M to $413M, with shorts still making up the bulk of that figure at ...