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During an interview with CNBC, Morningstar analyst Phenix Lee highlighted geopolitical concerns as another area of concern for the world’s largest contract chipmaker.
Patrick Gerber, who has worked at McDonald’s for over 25 years, is tasked with improving restaurant operations and standards.
SpaceX stock was falling in Tuesday’s premarket after a 3-day winning streak that pushed it back above its offer price pre-IPO. The satellite telecommunications company’s figures missed expectations, but it maintained guidance—which seemed enough for Cantor to raise its price target on the stock. It is the major competitor to SpaceX’s Starlink in Direct-to-Cell (D2C) space broadband and reported revenue of $31.5 million—below the $35.18 million consensus, according to FactSet—while posting an adjusted loss per share of $0.77 versus the expected $0.26 loss.
Apple is approaching another iPhone launch with a $4.5 trillion market cap and nearly two decades of stock gains that have crushed the broader market at every turn. The question now is whether that compounding machine still has room to run or if the law of large numbers finally catches up.
<body><p>STORY: From Nvidia drumming up cash to four legged robots keeping homes safe.</p><p>This is Tech Weekly. </p><p>:: Tech Weekly</p><p>Nvidia said it's partnered with six major financial institutions to launch compute financing platforms...</p><p>aimed at raising over $500 billion in third-party capital for AI infrastructure.</p><p>Nvidia CEO Jensen Huang said on X that the company has the option to backstop up to $125 billion, or 25% of the potential deals.</p><p>The move highlights how surging demand for AI computing capacity is drawing institutional investors.</p><p>A U.S. appeals court allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok and Snap Inc's Snapchat.</p><p>It's over claims they designed their products to be addictive to young users.</p><p>A San Francisco-based court rejected an appeal by Meta and TikTok seeking to overturn a lower court ruling requiring them to face more than 3,000 lawsuits filed in federal court.</p><p> Eyewitness video captured the moment China’s Long March 7A rocket exploded after take-off in Hainan.</p><p>State news agency Xinhua said the cause was under investigation.</p><p>The failure could trigger checks of other Chinese launches if investigators identify a problem involving shared components, manufacturing or Wenchang launch operations.</p><p>And would you trust a robot dog to keep you safe at home?</p><p>"Hey this is Landon from Undaunted products. How can I help you today?"</p><p>Robotic dogs are replacing overnight security guards at several Atlanta apartment complexes, where property managers say the machines are helping deter crime and improve safety.</p><p>At 445 Cleveland Apartments, two four-legged robots patrol the property's roughly 200 units.</p><p>The robots, operated by Atlanta-based startup Undaunted, are remotely controlled by human operators.</p><p>They monitor live camera feeds and communicate directly with residents through onboard speakers.</p></body>
The appliance manufacturer aims to maintain continuity of supply by boosting spend with the semiconductor firm, an executive told Supply Chain Dive.
The platforms are to produce up to 240,000 barrels of oil and process 22 million cubic metres of gas daily.
Every hyperscaler on the planet just committed to a spending spree that funnels through one chokepoint, and the Aug. 26 earnings report will either validate the conviction or expose the cracks in it.
Morgan Stanley (NYSE:MS) has launched the U.S. Innovation Infrastructure Initiative, targeting approximately US$1.5t in capital to support American growth. The program focuses on long term capital raising and investment tied to U.S. economic and national security priorities. The initiative is designed to increase Morgan Stanley's role in core U.S. infrastructure and innovation sectors. To put this move in context, it is worth looking more broadly at companies tied to critical U.S. power and...
On Holding (ONON) delivered earnings and revenue surprises of 0.00% and -3.42%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Elbit (ESLT) delivered earnings and revenue surprises of +12.20% and +2.71%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Diversification makes the difference here.
Completion of the acquisition is targeted for early 2027.
As memory stocks plummet, more losses may be on the way.
Wall Street futures were muted pre-bell Tuesday, as traders weighed a generally good earnings season
NetApp has outperformed the broader market over the past year, and analysts remain moderately bullish about the stock’s prospects.
The pharmaceutical company hopes that another big-time acquisition will pay off.
Anthropic is embedding "imperceptible" machine-readable watermarks directly into text generated by new Claude models, making copied AI output easier to trace as schools, publishers and other organizations grapple with undisclosed machine-written content. Claude Watermarks Follow Text Across Platforms IPO-bound Anthropic...
Duolingo's latest quartergave investors fresh evidence that user growth is accelerating, but one Wall Street firm still sees a problem with what the market is paying for the language-learning company. Duolingo (DUOL) reported second-quarter revenueof $298.5 million, up 18% from a year earlier, ...
Venture Global misses second-quarter revenue expectations as costs pile up due to a key liquefied natural gas project.
Zeta Global (NYSE:ZETA) executives outlined the company’s strategy to consolidate marketing technology tools, expand adoption of its artificial intelligence products and pursue joint-selling opportunities through partnerships during KeyBanc’s Technology Leadership Forum in Park City, Utah. Chris Gr
Grindr Inc. (NYSE:GRND) has staged a stunning Wall Street turnaround, soaring 251.62% from its 2022 post-IPO trough to dramatically outperform mainstream retail titans Starbucks Corp. (NASDAQ:SBUX) and Target Corp. (NYSE:TGT), as well as crypto heavyweight Ethereum (CRYPTO: ETH). A Remarkable Market Comeback After making its public trading debut in late 2022, the dating platform’s shares plunged to a low of $4.65 on Dec. 30, 2022. As noted in financial market commentary by automated trading serv
Aviation data provider FlightAware has sued prediction-market operator Kalshi, alleging the firm used FlightAware’s data and branding without permission to offer wagers tied to airline disruption. FlightAware Alleges Unauthorized Use of Brand and Information According to a report by Reuters...
Tech giants are pouring hundreds of billions into AI infrastructure, but a Barclays economist is pointing to a decades-old cautionary tale that suggests the productivity payoff could be further away than Wall Street expects.
Phillip 66’s 900-mile pipeline will carry gasoline, diesel and jet fuel from the Texas Panhandle to Phoenix and Los Angeles.
When is a good time for a company to raise equity? When its shares are expensive, according to financial lore. Intel, which said on Monday that...
Singapore's Sea Ltd beat estimates for quarterly revenue on Tuesday, powered by growth at its e-commerce business led by Shopee and rising demand for its financial services. U.S.-listed shares of the company were up 7.6% in premarket trading. Shopee has grown into Southeast Asia's leading e-commerce platform through a combination of aggressive discounting, gamified shopping features and a broad logistics network.
New York City is on the verge of passing a law that would upend how Amazon delivers packages, and the company has quietly bankrolled a multimillion-dollar campaign to stop it before voters realize who is actually behind it.
Intel increases stock offering to $20 billion, SpaceX stock rises after first lockup ends, Archer Aviation to absorb Boeing’s air taxi business, and more news to start your day.