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Tesla launches Full Self-Driving in Lithuania
Reuters78d agoneutral
Tesla launches Full Self-Driving in Lithuania

Tesla said on X on Wednesday ‌that its Full Self-Driving (Supervised) driver assistance ‌software was being rolled out in Lithuania, the ​second country in Europe to do so after Dutch approval last month. • Dutch regulator RDW is seeking EU-wide acceptance, but other member ‌states can ⁠recognise the Dutch approval and allow the system to be deployed. • ⁠The Lithuanian Transport Safety Administration confirmed Lithuania has recognised the Dutch certification.

Alibaba unveils new AI chip as Nvidia access remains stalled
AFP78d agoneutral
Alibaba unveils new AI chip as Nvidia access remains stalled

Tech giant Alibaba released on Wednesday a new artificial intelligence chip it said performed three times as well as its predecessor, showcasing growing domestic chipmaker prowess as US titan Nvidia struggles for access to China.Alibaba said its new chip, Zhenwu M890, can deliver three times the performance of its predecessor Zhenwu 810E, which is widely believed to match the capabilities of Nvidia's H20. 

Visa (V) Launches Stablecoin Settlement Program in Canada
Insider Monkey78d agoneutral
Visa (V) Launches Stablecoin Settlement Program in Canada

John Armitage ranks among the richest hedge fund managers in the world. Visa Inc. (NYSE:V) is one of John Armitage’s largest holdings, accounting for 12.47% of the billionaire’s total portfolio. On May 5, Visa Inc. (NYSE:V) and Wealthsimple launched a trial agreement to enable stablecoin settlements in the Canadian market. The agreement enables Wealthsimple to […]

Assessing MaxLinear (MXL) Valuation After New 5G AI And DOCSIS 4.0 Product Launches
Simply Wall St.78d agoneutral
Assessing MaxLinear (MXL) Valuation After New 5G AI And DOCSIS 4.0 Product Launches

MaxLinear (MXL) has rolled out a cluster of new connectivity chips, including its Trinity platform for 5G backhaul, new AI oriented data center components, and a DOCSIS ready Puma 8 broadband platform. See our latest analysis for MaxLinear. The stock has surged on the back of these 5G, broadband and AI focused launches, with a 1 month share price return of 261.1% and a very large 1 year total shareholder return, indicating strong recent momentum from a low base. If this kind of move has your...

Alibaba unveils new AI chip in push for domestic alternatives
Reuters78d agoneutral
Alibaba unveils new AI chip in push for domestic alternatives

Alibaba Group on Wednesday unveiled a new AI chip, the Zhenwu M890, as the Chinese technology giant intensifies efforts to build domestic alternatives to ‌Nvidia processors amid tightening U.S. export curbs. The chip, developed by Alibaba's semiconductor design subsidiary ‌T-Head, delivers three times the performance of its predecessor, Zhenwu 810E. Alibaba said the new processor is well-suited to handle the heavy memory and communication demands of agent workloads, where models must retain long stretches of context and coordinate with one another in real time.

Pitchbook78d agoneutral
Blackstone and Google's joint venture funds computing power, not just data centers

Google and Blackstone have formed a joint venture to offer AI data center capacity, networking and computer hardware as a “compute-as-a-service product,” the asset manager said. The tie-up opens a new avenue in the rush of private equity into AI infrastructure, moving it beyond data centers and into the business of financing compute itself. Blackstone is making an initial $5 billion equity commitment, with the first 500 megawatts of capacity expected online in 2027, the firm said in a statement.

AT&T (T) Valuation Check After New Satellite Connectivity Joint Venture With T-Mobile And Verizon
Simply Wall St.79d agoneutral
AT&T (T) Valuation Check After New Satellite Connectivity Joint Venture With T-Mobile And Verizon

AT&T (T) stock is back in focus after the company, alongside T-Mobile and Verizon, outlined plans for a new joint venture that would pool spectrum for satellite supported mobile coverage across the United States. See our latest analysis for AT&T. AT&T's share price has eased in recent months, with a 30 day share price return down 7.85% and a 90 day return down 14.82%. At the same time, the satellite joint venture and recent conference update keep attention on its longer term position,...

STMicroelectronics (STM) Introduces Next-Gen Ultralow-Power Global-Shutter Image Sensors
Insider Monkey80d agoneutral
STMicroelectronics (STM) Introduces Next-Gen Ultralow-Power Global-Shutter Image Sensors

STMicroelectronics (NYSE:STM) is one of the best performing semiconductor stocks so far in 2026. On April 28, STMicroelectronics introduced its next generation of ultralow-power global-shutter image sensors, the monochrome VD55G4 and the RGB color VD65G4. Part of the ST BrightSense portfolio, these compact, microcontroller-compatible sensors are engineered for battery-operated or energy-harvesting personal electronics. They target […]

Phillips 66 unveils new gas processing and fractionation projects in Texas (PSX)
InvestorsHub80d agoneutral
Phillips 66 unveils new gas processing and fractionation projects in Texas (PSX)

Phillips 66 (NYSE:PSX) announced plans to develop two new midstream infrastructure projects, including the Zeus Gas Plant and a third Coastal Bend Fractionator, with both facilities expected to begin operations in 2028. New Permian gas plant to expand processing capacityThe Zeus project will consist of a natural gas processing facility capable of handling 300 million cubic feet per day in the Permian Basin.

Fiserv Joint Venture Refocuses Cash Operations While Shares Screen Undervalued
Simply Wall St.80d agoneutral
Fiserv Joint Venture Refocuses Cash Operations While Shares Screen Undervalued

Fiserv (NasdaqGS:FISV) has formed a joint venture with Bridgeport Partners focused on ATM Managed Services, Cash & Logistics, and its MoneyPass network. The agreement creates a dedicated entity for these operations, separating them from Fiserv's broader payments and technology portfolio. The move comes as Fiserv continues to reshape its business mix alongside recent AI and software initiatives. For you as an investor, this joint venture shifts part of Fiserv's traditional cash and ATM...

Interactive Brokers (IBKR) Launches Direct Trading Access to Korea Exchange
Insider Monkey80d agoneutral
Interactive Brokers (IBKR) Launches Direct Trading Access to Korea Exchange

Interactive Brokers Group Inc. (NASDAQ:IBKR) is one of the best large cap stocks to buy under $100. On May 7, Interactive Brokers announced the launch of access to equities listed on the Korea Exchange/KRX, making it the first major US-based broker to offer trading in South Korea’s $4 trillion equity market. This addition enables international […]

Assessing Twilio (TWLO) Valuation After SIGNAL Unveils Expanded AI Customer Engagement Suite
Simply Wall St.82d agoneutral
Assessing Twilio (TWLO) Valuation After SIGNAL Unveils Expanded AI Customer Engagement Suite

Why Twilio’s SIGNAL announcements matter for the stock Twilio (TWLO) used its SIGNAL conference to roll out a broad AI centric upgrade, including Conversation Memory, Conversation Orchestrator, Conversation Intelligence, and Agent Connect, all aimed at making customer interactions more continuous and context aware. See our latest analysis for Twilio. Twilio’s SIGNAL announcements land on top of a sharp 47.9% 1 month share price return and a 75.5% 3 month share price return, while the 1 year...

Enphase Energy Unveils AI Data Center, Battery and EV Charging Roadmap
MarketBeat82d agoneutral
Enphase Energy Unveils AI Data Center, Battery and EV Charging Roadmap

Enphase Energy (NASDAQ:ENPH) President and Chief Executive Officer Badri Kothandaraman outlined the company’s product roadmap, manufacturing strategy and expansion plans in commercial energy storage and data center power infrastructure during a company business update. Kothandaraman said Enphase ha

Pepsi launches 5 limited-edition soda flavors
TheStreet82d agoneutral
Pepsi launches 5 limited-edition soda flavors

While Coca-Cola and PepsiCo remain the titans of the beverage industry, they now face significantly increased competion for consumers. Energy drinks and functional beverages now fight for shelf space alongside traditional sodas. In addition, Keurig Dr. Pepper's Dr. Pepper has become the second-best ...

Microsoft (MSFT) Expands Discord Partnership With Xbox
Insider Monkey82d agobullish
Microsoft (MSFT) Expands Discord Partnership With Xbox

Microsoft Corporation (NASDAQ:MSFT) is one of the Top 10 Stocks That Will Profit from AI. The company has strengthened its position over the recent years as the premier AI software provider through its multi-billion-dollar partnership with OpenAI and the deep integration of Copilot across its entire software stack. On May 11, 2026, Microsoft Corporation (NASDAQ:MSFT) […]

Microsoft Stock Moves Higher After Ackman Announces New Stake
The Wall Street Journal83d agoneutral
Microsoft Stock Moves Higher After Ackman Announces New Stake

Shares of Microsoft rose more than 3% Friday, bucking the trend on a down day for tech stocks. The move followed the announcement from investor Bill Ackman that his Pershing Square has taken a new stake in the software giant in a bet Microsoft's investments in AI aren't reflected in its stock price. Microsoft shares are down 12% this year and have lost about a quarter of their value since they peaked last fall.