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The S&P 500 index gained about 0.8%, while the Nasdaq Composite rose about 0.7%.
Circle announced it has acquired more than 680 blockchain patent families and nearly 1,000 issued patents from IBM's blockchain portfolio.
Palantir heads into August earnings with analysts raising the bar even higher, Michael Burry betting against it, and a valuation that still makes skeptics wince. Whether the AI platform's commercial momentum can finally move the needle is the question every investor needs answered before touching this stock.
The stock is trading at a discount over a short-term issue.
Here are four defense stocks that are expected to post an earnings beat this reporting cycle.
Rocket Lab received a $266 million U.S. Space Force contract, its largest agreement to date, for up to 18 suborbital launches that will support missile defense capabilities.
Investor demand sends China's largest DRAM maker sharply higher
APH heads into Q2 earnings with strong AI infrastructure demand, rising sales and earnings expectations, and a premium valuation supported by growth prospects.
Nvidia Makes Surprise $1 Billion Move as Naver Stock Explode
Earnings season kicks into high gear this week.
Investing.com -- Shares in Baker Hughes rose around 2% in premarket trading Monday after the oilfield services company reported second-quarter earnings that topped Wall Street expectations.
Best Buy is expected to announce its second-quarter results soon, with consensus estimates calling for modest single-digit EPS growth.
SK hynix (NASDAQ:SKHY) shares jumped 6. 2% in pre-market trading to $164.
Plus, America’s big cities are rapidly losing kids, and Trump puts off a major escalation of his military campaign against Iran.
Sometimes three’s a crowd. But when it comes to the memory boom there’s room, and plenty of demand, for more chip makers.
Private-market platforms are giving accredited investors new ways to buy pre-IPO companies like SpaceX
Stocks looked set to rally on Monday as oil prices retreated, helping to ease investors’ worries about higher inflation at the start of a week that will be defined by a Federal Reserve policy decision and a slew of mega-cap tech earnings. Nasdaq 100 futures jumped 1.4%. The three major indexes all dropped last week as tensions flared in the Middle East, driving up oil prices and bolstering the case for the Fed to hike interest rates.
Despite the futures rebound, retail investors remain cautious. Stocktwits data showed retail sentiment is ‘bearish’ on SPY and QQQ.
Shares of the Chinese memory-chip company surged in their trading debut, buoying Beijing’s campaign to become a global force in semiconductors that power AI.
Nio received about 18.24 million CXMT shares, though the stake is subject to an 18-month lockup.
Intel has joined the AI infrastructure party, but that doesn't make its stock a buy.
Shares of CXMT, China's largest memory chipmaker, soared Monday after they began trading in Shanghai in mainland China’s biggest initial public stock offering in recent years. CXMT's shares surged 472% and were trading up 462% by early afternoon. It has become the most valuable company listed on a mainland Chinese exchange, with a market capitalization of about 3.3 trillion yuan (more than $487 billion).
(Bloomberg) -- China’s memory-chip bellwether CXMT Corp. can extend its blockbuster stock market debut to rally 1,239% from its initial public offering price as it wins market share over time, according to Nomura Holdings Inc.Most Read from BloombergDeepSeek Suspends Fundraising After Viral US-China PostsSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysUS, Iran Extend Pause in Strikes as Oman Holds Hormuz TalksTrump Seethes as Iran War Spirals Anew With No End in SightAwakened Indian
Strategy has not bought Bitcoin in four weekly filings. Q2 earnings on July 30 will test whether the pause continues.
(Bloomberg) -- Moonshot AI is poised to make its Kimi K3 model available for public download, expanding its reach and influence in the global open software community at a time of growing US concern about Chinese encroachment into the top echelons of AI development.Most Read from BloombergDeepSeek Suspends Fundraising After Viral US-China PostsSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysUS, Iran Extend Pause in Strikes as Oman Holds Hormuz TalksTrump Seethes as Iran War Spirals A
Iran and Oman are also in talks that center around having Iran run vessel transit through the Strait of Hormuz with fewer restrictions on ships.
Shares of South Korean internet and cloud service giant Naver jumped more than 10% on Monday after it said Nvidia would acquire $1 billion of its new shares to finance a project to expand an AI data centre. The investment comes after the two firms and investment group Brookfield announced on Friday plans to expand Naver's AI data centre in South Korea with up to $10 billion in funding. Naver said on Monday it will place 7.2 million new shares with Nvidia for 204,500 won each, or a 1% discount to its closing price on Friday, as part of the agreement.