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Traders Scale Back Bets on Rate Hike
The Wall Street Journal8d agoneutral
Traders Scale Back Bets on Rate Hike

Friday’s weaker-than-expected jobs report has flipped the market-based odds of whether the Federal Reserve raises interest rate in September. Interest-rate futures now show a 56% chance that the Fed stays on hold at its next meeting and a 44% chance of a rate hike, according to CME Group data.

Can MU Stock Compound Its Way Higher?
Trefis8d agoneutral
Can MU Stock Compound Its Way Higher?

A company known for cyclicality is locking in its future. Micron has signed strategic agreements with customers that include take-or-pay commitments. These 14 contracts alone represent approximately $100 billion in cumulative revenue at a minimum price. This move attempts to build a floor under a historically volatile business.

Benzinga8d agoneutral
Elon Musk Says SpaceX Will Consume Three Times More Terafab AI Compute Than Tesla

Tesla Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk says that the new Terafab semiconductor manufacturing facility in Grimes County, Texas, will serve both the Optimus robot and SpaceX’s “AI spacecraft”. Elon Musk’s Approximate Guesses On Thursday, the Tesla Owners Silicon Valley handle on X shared a promotional video of the Terafab facility, saying that the site will “produce over 1 terawatt of AI compute capacity per year” and that it would be a crucia

Cloud AI Update - Fortude Revolutionizes ERP with AI-Driven Delivery Model
Simply Wall St.8d agoneutral
Cloud AI Update - Fortude Revolutionizes ERP with AI-Driven Delivery Model

Fortude has launched an innovative AI-driven delivery model for ERP implementations using Infor CloudSuite. This model integrates industry accelerators with AI agents and human oversight to streamline and expedite the ERP implementation process, reducing costs and enhancing efficiency. By utilizing AI to automate repetitive tasks and organized project knowledge, Fortude aims to provide faster and more affordable ERP solutions, thereby allowing businesses to concentrate on data, automation,...

Take-Two Logs Higher Sales but Loss Widens
The Wall Street Journal8d agoneutral
Take-Two Logs Higher Sales but Loss Widens

The video-game company recorded higher sales in its fiscal first quarter but losses widened due to discontinued development of a title in its pipeline.

McDonald (MCD): A Consistent Dividend Payer Since 1976
Insider Monkey8d agoneutral
McDonald (MCD): A Consistent Dividend Payer Since 1976

Matrix Asset Advisors, an asset management company, released its Q2 2026 investor letter. A copy of the letter can be downloaded here. The stock market rebounded strongly in the second quarter, with the S&P 500 gaining 15.2% in the quarter and 10.2% year-to-date. Investors overlooked inflation concerns exceeding 4% and geopolitical tensions, focusing instead on […]