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BNSF Railway Says Regulators Should Deny Big Rail Merger Now
The Wall Street Journal7d agoneutral
BNSF Railway Says Regulators Should Deny Big Rail Merger Now

BNSF Railway filed a motion asking regulators to deny the proposed $71.5 billion merger of Union Pacific and Norfolk Southern, saying the two parties did not prove that the merger is in the public interest. “It is anti-competitive, unnecessary to secure any achievable benefits, and will hurt farmers, industrial shippers, rail workers, and consumers,” said BNSF, a unit of Berkshire Hathaway, in a filing to the Surface Transportation Board, the economic regulator overseeing the railroads. “The Board should deny the merger now,” BNSF said.

BlackRock (BLK) Launches Tokenized Cash Funds, Is The 14% Discount Still Compelling?
Simply Wall St.7d agoneutral
BlackRock (BLK) Launches Tokenized Cash Funds, Is The 14% Discount Still Compelling?

BlackRock (BLK) has expanded its cash management line with two tokenized money market products, BSTBL and BRSRV, that apply blockchain infrastructure to regulated funds while aiming to preserve liquidity and principal stability. See our latest analysis for BlackRock. BlackRock’s recent push into tokenized cash management comes as the stock shows stronger momentum over the past month, with an 11.88% 30 day share price return and a 73.58% three year total shareholder return, indicating that...

Is Costco Wholesale (COST) Fully Valued Following Strong July Sales Growth?
Simply Wall St.7d agoneutral
Is Costco Wholesale (COST) Fully Valued Following Strong July Sales Growth?

Why Costco Wholesale Stock Is Back In Focus After July Sales Update Costco Wholesale (COST) is back on investors radar after reporting July net sales of US$23.12b, up 10.7% year on year, with year to date sales reaching US$273.55b, up 10.1%. See our latest analysis for Costco Wholesale. Costco Wholesale's latest sales update comes with the stock trading at US$949.15, with a year to date share price return of 11.08%. However, the 1 year total shareholder return has slipped 2.33%, suggesting...

Why Super Micro (SMCI) Is Up 6.0% After AI Rack Expansion And AMD Instinct Coder Role
Simply Wall St.7d agoneutral
Why Super Micro (SMCI) Is Up 6.0% After AI Rack Expansion And AMD Instinct Coder Role

In recent days, Super Micro Computer announced a cash dividend of US$14.7778 per share on its 7.00% Series A Mandatory Convertible Preferred Stock, alongside new high-density, liquid-cooled AI data center racks that are factory-integrated for rapid, rack-scale deployment. At the same time, AMD and Spectro Cloud unveiled the AMD Instinct Coder turnkey inference solution built on Supermicro GPU systems, underscoring Supermicro’s role as a key hardware foundation for enterprise AI workloads and...

Bloomberg7d agoneutral
OpenAI Pauses Some Work on New Astra Model Over Cyber Concerns

(Bloomberg) -- OpenAI is pausing some internal work around one of its upcoming artificial intelligence models to implement stricter safeguards after the system was found to be significantly more adept at cybersecurity tasks. Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIran Says Agreement on Hormuz Shipping Reached With OmanTrump Administration Considers Order on Autism and VaccinesWhy Do Da

US Oil Drillers Add Rigs
Oilprice.com7d agoneutral
US Oil Drillers Add Rigs

The number of active oil rigs rose by 3, reaching 454 during the latest reporting period, according to the data.

Oracle price target lowered by UBS amid AI spending concerns
Proactive7d agoneutral
Oracle price target lowered by UBS amid AI spending concerns

Oracle Corp (NYSE:ORCL, XETRA:ORC)'s price target was cut to $245 from $285 by UBS, which maintained its 'Buy' rating on the stock while citing risks around rising AI infrastructure spending, returns on invested capital, credit markets and Oracle’s exposure to OpenAI. The analysts wrote that...

Atlassian Q4 Earnings Call Highlights
MarketBeat7d agoneutral
Atlassian Q4 Earnings Call Highlights

Atlassian (NASDAQ:TEAM) reported fourth-quarter fiscal 2026 revenue growth of 28% to $1.8 billion, as cloud revenue rose 31% year over year to $1.2 billion. The company said the quarter capped a fiscal year marked by enterprise deal expansion, increasing adoption of its AI offerings and a 12% GAAP o

Silvaco Group Q2 Earnings Call Highlights
MarketBeat7d agoneutral
Silvaco Group Q2 Earnings Call Highlights

Silvaco Group (NASDAQ:SVCO) reported second-quarter fiscal 2026 revenue growth of 48% year over year and returned to non-GAAP operating profitability, as the semiconductor software company highlighted expanding intellectual property sales, cost reductions and new partnerships focused on AI-enabled m

One Thing I’m Watching: Berkshire Hathaway’s Cash Hoard
The Wall Street Journal7d agoneutral
One Thing I’m Watching: Berkshire Hathaway’s Cash Hoard

Berkshire Hathaway's mountain of cash and Treasury bills hit a record amount just above this level at the end of March. This Saturday morning, when Berkshire reports earnings, I'll be watching where that number goes next—and where the company is putting its cash to work. Berkshire CEO Greg Abel inked two megadeals in the past few months that might have made a small dent in the cash pile—a $6.8 billion purchase of the home builder Taylor Morrison Home and a $10 billion investment in Alphabet shares.