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Bank of America sets aggressive Tower Semiconductor target
TheStreet6d agoneutral
Bank of America sets aggressive Tower Semiconductor target

Bank of America just told investors that one of this year's biggest semiconductor winners is still cheap. On Aug. 7, BofA Securities started covering Tower Semiconductor (TSEM) with a Buy rating and a $367 price target. The call landed days after Tower posted the best quarter in its history. ...

Bloomberg6d agoneutral
World-First Work From Home Laws Delayed After Business Outcry

(Bloomberg) -- The Australian state of Victoria has postponed world-leading working from home laws less than a month before they were due to start, following fierce opposition from business groups and calls for more consultation.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIStocks Churn as Hormuz Standoff Spurs Rally in Oil: Markets WrapIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Nvidia Taps Wall Street for $500 Billion Funding Comm

Tutor Perini, AAON, Onterris, Quest Resource, and Blink Charging Shares Skyrocket, What You Need To Know
StockStory6d agoneutral
Tutor Perini, AAON, Onterris, Quest Resource, and Blink Charging Shares Skyrocket, What You Need To Know

A number of stocks jumped in the after-market session after the July jobs report showed an unexpected loss of 23,000 jobs, signaling a cooling labor market. Economists had forecast a gain of around 80,000 nonfarm payrolls. According to the U.S. Bureau of Labor Statistics, the unemployment rate held steady at 4.1%. This weaker-than-expected data led investors to bet on the possibility of an interest rate cut by the Federal Reserve. The logic, often described as "bad news is good news" for the mar

What Does Super Micro Computer (SMCI) Winning A Gigawatt AI Data Center Mean?
Simply Wall St.6d agoneutral
What Does Super Micro Computer (SMCI) Winning A Gigawatt AI Data Center Mean?

Super Micro Computer (NasdaqGS: SMCI) has announced a new collaboration to build a gigawatt-scale data center for SpaceX and xAI. The project is positioned as a major step in Super Micro Computer's AI infrastructure plans and deepens its ties with leading AI customers. The company indicates this initiative is distinct from recent product launches and reflects a broader push into large scale AI deployments. For readers tracking how large AI data center build outs are reshaping the hardware...

Is Riot Platforms (RIOT) Undervalued As Q2 Earnings And Its AI Deal Reshape The Story?
Simply Wall St.6d agoneutral
Is Riot Platforms (RIOT) Undervalued As Q2 Earnings And Its AI Deal Reshape The Story?

Riot Platforms Q2 2026 earnings snapshot Riot Platforms (RIOT) reported second quarter 2026 results that combined higher total revenue with a swing to a substantial net loss, reshaping how investors may look at the stock’s risk and reward profile. See our latest analysis for Riot Platforms. The Q2 2026 report and new 20 year AI infrastructure agreement come after a period where Riot Platforms’ share price has fallen 21% over 3 months but still delivered a 74% 1 year total shareholder return...

What Is Boeing (BA) Signaling By Trading Three Units For Equity?
Simply Wall St.6d agoneutral
What Is Boeing (BA) Signaling By Trading Three Units For Equity?

Boeing (NYSE:BA) agreed to transfer its Wisk Aero, SkyGrid, and Insitu subsidiaries to Archer Aviation in an equity transaction announced recently. The deal gives Boeing a substantial equity stake in Archer and a seat on Archer's board in exchange for the subsidiaries. The agreement keeps Boeing and Archer working together on autonomous flight technologies following the transfer. Archer gains expanded exposure to advanced air mobility, defense, and air traffic management through the acquired...

Why Corning (GLW) Is Up 7.6% After Strong Q2 Results And AI-Focused Guidance
Simply Wall St.6d agoneutral
Why Corning (GLW) Is Up 7.6% After Strong Q2 Results And AI-Focused Guidance

Corning Incorporated recently reported second-quarter 2026 results showing higher sales of US$4,505 million and improved earnings per share compared with a year earlier, while also completing a multi-year share repurchase program totaling 48,600,078 shares for about US$2.03 billion. The company paired these results with guidance calling for further year-over-year growth in third-quarter core sales and earnings, reinforcing investors’ focus on its role in supplying materials for data centers...

Sony Group (TSE:6758), What Is Behind The Fresh Attention?
Simply Wall St.6d agoneutral
Sony Group (TSE:6758), What Is Behind The Fresh Attention?

Sony Group (TSE:6758) has drawn fresh attention after unveiling its compact FE 100-400mm f/5.6-8 OSS super telephoto lens, expanding its camera ecosystem just days after reporting first quarter earnings and updated full year guidance. See our latest analysis for Sony Group. The latest lens launch comes after a busy run of news for Sony Group, including stronger first quarter earnings, raised full year guidance and fresh investment plans in advanced image sensors with TSMC. Over the same...

Rumble Q2 Earnings Call Highlights
MarketBeat6d agoneutral
Rumble Q2 Earnings Call Highlights

Rumble (NASDAQ:RUM) reported second-quarter revenue of $40.4 million, up 61% from $25.1 million a year earlier, as the company completed its acquisition of Northern Data and reorganized under the new parent-company name RUM Group Inc. Founder, Chairman and CEO Chris Pavlovski said the June 17 closi

Micron Says AI Memory Crunch Could Last Beyond 2027 as DRAM Demand Soars
MarketBeat6d agobullish
Micron Says AI Memory Crunch Could Last Beyond 2027 as DRAM Demand Soars

Micron Technology (NASDAQ:MU) expects memory-market supply constraints to persist beyond 2027 as demand driven by artificial intelligence continues to outpace the industry’s ability to add manufacturing capacity, Executive Vice President and Chief Business Officer Sumit Sadana said at KeyBanc Capita

Rocket Lab Q2 Earnings Call Highlights
MarketBeat6d agoneutral
Rocket Lab Q2 Earnings Call Highlights

Rocket Lab (NASDAQ:RKLB) reported record second-quarter 2026 revenue of $234 million, up 62% from a year earlier and 16.8% sequentially, as the company expanded its Space Systems business, added major government contracts and continued development of its Neutron medium-lift rocket. Founder and Chie

Quantum Computing Q2 Earnings Call Highlights
MarketBeat6d agoneutral
Quantum Computing Q2 Earnings Call Highlights

Quantum Computing (NASDAQ:QUBT) reported second-quarter 2026 revenue of $5.6 million, up from $61,000 a year earlier and $3.7 million in the first quarter, as photonics product sales contributed across its government, educational and commercial customer base. Chief Financial Officer Chris Roberts s

Plug Power Q2 Earnings Call Highlights
MarketBeat6d agoneutral
Plug Power Q2 Earnings Call Highlights

Plug Power (NASDAQ:PLUG) raised its full-year revenue growth outlook after reporting second-quarter results that showed improving margins, lower operating expenses and reduced cash usage, while management reiterated its goal of achieving positive EBITDA in the fourth quarter. Revenue totaled $178.3

Pentagon may see one of quantum computing’s first practical winners
TheStreet6d agoneutral
Pentagon may see one of quantum computing’s first practical winners

Quantum computing stocks have spent years asking investors to assign a huge value to technology whose biggest commercial prospects may lie sometime in the future. IonQ (IONQ) just received something considerably more tangible. The Maryland-based quantum technology company said the Defense Advanced ...

Tesla Just Found Another Way to Grow Without Selling a Car
Benzinga6d agobearish
Tesla Just Found Another Way to Grow Without Selling a Car

Elon Musk wants Tesla Inc. (NASDAQ) to become an autonomous-driving powerhouse, , but the company’s Robotaxi service covered roughly 700,000 paid miles in the second quarter. That’s down about 36% from approximately 1.1 million miles in the first quarter, according...

What Johnson & Johnson (JNJ)'s OTTAVA FDA Win and Talc Deal Shift Mean For Shareholders
Simply Wall St.6d agoneutral
What Johnson & Johnson (JNJ)'s OTTAVA FDA Win and Talc Deal Shift Mean For Shareholders

In recent months, Johnson & Johnson reported strong Q2 2026 results, received FDA De Novo authorization for its OTTAVA soft-tissue robotic surgery system, advanced its RYBREVANT FASPRO oncology franchise with an FDA Priority Review, announced a US$5.50 billion talc settlement framework, and agreed to collaborate with Sail Biomedicines on in vivo CAR-T therapies. Together with leadership changes in its Innovative Medicine unit and new MedTech and electrophysiology partnerships, these...