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Investing.com19d agoneutral
Intel, Amkor on AI optimism; eBay slips

Investing.com - U.S. stock futures edged higher on Friday, recovering after a broad selloff in the previous session as investors weighed persistent geopolitical tensions in the Middle East against another wave of upbeat corporate earnings and artificial intelligence-related announcements.

Oracle Stock Gets Much-Needed Boost From Pentagon Software Deal
Investor's Business Daily19d agoneutral
Oracle Stock Gets Much-Needed Boost From Pentagon Software Deal

Oracle stock climbed in early trading Friday after the enterprise technology company won a software deal with the Pentagon that could be worth $7 billion over the next decade. Oracle has been a Pentagon contractor since the early 1990s, the company noted in its news release. Oracle stock was up more than 2% to 122.70 in recent trades on the stock market today.

Bloomberg19d agoneutral
Global Inflation Angst Is Back With $100 Oil and More Tariffs

(Bloomberg) -- Spiking energy prices, more US tariffs and mushrooming spending on artificial intelligence are reawakening investors’ inflation fears.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump Rebuilds Tariffs With New Levies on 60 EconomiesAlphabet Falls as $205 Billion Spending Plan Fuels AI Cost FearA week that began with s

Verizon lifts annual forecasts as new mobile plans spur subscriber gains
Reuters19d agoneutral
Verizon lifts annual forecasts as new mobile plans spur subscriber gains

Verizon raised its annual forecast for adjusted profit and free cash flow, as the network provider's latest unlimited 5G ‌plans and rewards programs helped it add more wireless subscribers ‌than expected in the June quarter. The company is in the midst of a strategic transition under new CEO Dan Schulman, rolling out simplified mobile plans, a new loyalty program and bundled wireless-broadband offerings to improve customer additions after trailing rivals in subscriber growth. Verizon gained ‌184,000 monthly-bill paying wireless ⁠subscribers in the second quarter, surpassing estimates of 103,900 additions by analysts polled by FactSet.

Bloomberg19d agoneutral
Samsung, SK Hynix to Ink Large Chip Supply Deals with US Firms

(Bloomberg) -- Samsung Electronics Co. and SK Hynix Inc. are set to unveil major agreements involving “very large” sums with leading US technology companies during President Lee Jae Myung’s visit to Silicon Valley, a senior presidential official said.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump Rebuilds Tariffs With New Levies