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Qualcomm said on Wednesday it has signed a long-term deal to supply ‌chips for German luxury automaker BMW's future ‌digital cockpit and advanced driver-assistance systems through the next decade. The ​agreement comes as competition intensifies in the automated driving market, with Nvidia and Mobileye Global also aiming to supply chips and software platforms to automakers. • The ‌deal includes Qualcomm's ⁠Snapdragon Digital Chassis solutions, including cockpit processors, automated driving chips and AI accelerators, which ⁠the companies said would establish the hardware basis for BMW's AI-led platforms.

Eliyan, a startup that aims to ease the bottlenecks in transferring data between AI chips in data centers, ‌said on Wednesday it had raised $145 million in venture funding at a $1 billion ‌valuation. Cisco Systems, Lumentum and an early investor in networking pioneer Mellanox before its sale to Nvidia backed the raising, ​according to Santa Clara, California-based Eliyan. The startup is developing technology aimed at the growing list of companies that are developing their own custom AI computing chips to compete with graphics processing units from Nvidia and Advanced Micro Devices.

Lemonade (NYSE:LMND) reported second-quarter results marked by accelerating in-force premium growth, higher revenue and gross profit, and a narrower adjusted EBITDA loss, while reaffirming its expectation to reach positive adjusted EBITDA in the fourth quarter of 2026. Chief Executive Officer and C

Bandwidth (NASDAQ:BAND) reported second-quarter 2026 results that exceeded its expectations, citing demand for AI-enabled communications, enterprise modernization projects and operating leverage from its owned network. The company raised its full-year outlook after reporting 22% year-over-year reven

The medical device maker topped second-quarter expectations but now sees full-year adjusted EPS of $3.28 to $3.32, down from a prior range of $3.34 to $3.41

Investing.com -- Citi upgraded Ford Motor to Buy from Neutral and raised its price target to $20 from $19, saying improving F-Series pickup production, easing warranty costs and better aluminum supply are driving a positive shift in the automaker's earnings outlook.

Investing.com -- Capital Economics told clients in a note Wednesday that the recent selloff in AI-linked tech giants is being driven by fear rather than hard evidence, and it expects the rally to resume, at least for now.

As lifelong classicists and Christopher Nolan fans know, one of the ordeals that Odysseus and his crew endured on their way home from Troy came when they had to sail their boat between two hazards: the sea-monster Scylla and the whirlpool Charybdis.

DoorDash for years has rushed online orders from burritos to cold medicine to customers’ homes via bike couriers and drivers. Now the delivery provider is adding a new mode of transport: air. DoorDash on Wednesday said it has secured a key certification from the Federal Aviation Administration to make commercial deliveries using drones.

Stock Market Today: The Dow Jones index dropped Wednesday ahead of the Fed decision and Fed Chair Warsh's comments. SK Hynix sold off.

SpaceX stock is down over 50% from a short-lived peak just a few days after it went public. Here's what investors can expect for its future.

(Bloomberg) -- The US Treasury will avoid rattling bond markets ahead of crucial midterm elections, holding off on changes that would introduce the possibility of bigger bond sales in its quarterly refunding statement next week, according to JPMorgan Chase and Co. strategists.Most Read from BloombergUS Intercepts Iran Attack on Bases, Puncturing Days of CalmSK Hynix Profit Disappoints, Spending Soars to $31 BillionApple Set to Make Big Smart Home Push With Siri AI at CenterNvidia’s $750 Billion

Tobacco company Altria (NYSE:MO) will be reporting results this Thursday morning. Here’s what you need to know.

Adjusted EBIT of $2.5 billion beats, while a $3.6 billion battery charge drives a net loss

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.1%, and the actively t

SoFi raised its full-year 2026 revenue outlook to $4.75 billion to $4.85 billion, up from its earlier guidance of $4.66 billion.

The entertainment giant reported a notable insider sale as legal challenges surfaced against its merger with Warner Bros. Discovery.

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Michael Saylor-led Strategy (Nasdaq: MSTR), formerly MicroStrategy, made no Bitcoin (BTC) purchases or sales for the fifth week in a row, the company's 8-K filing with the Securities and Exchange Commission (SEC) revealed on July 27. With 843,775 Bitcoin on its balance sheet, Strategy is still ...

The Michigan governor’s office estimates that the taxes have cost every family in the automaking state an average of $1,000 per year.