News

EBay's (EBAY) acquisition of Depop is in line with its usual strategy that aims to recapture market

NEW YORK, Aug 11 (Reuters) - AI infrastructure company Alpha Compute has signed a binding term sheet to acquire land and natural gas rights in Pennsylvania for $55 million ‌to develop a 200-megawatt data center campus, CEO Brittany Kaiser told Reuters on Tuesday. Surging demand for ‌artificial intelligence computing is driving a scramble for power supplies across the United States, prompting data center developers to secure their ​own energy sources rather than wait for grid connections.

US investment giants including Apollo Global Management Inc., Blackstone Inc., BlackRock Inc. and Brookfield Asset Management are partnering with Nvidia Corp. to source $500 billion in financing for artificial intelligence infrastructure.  Bloomberg's Ed Ludlow joins to discuss this as well as Intel raised $20 billion in an upsized share sale, a third more than it was targeting when it announced the deal Monday morning.

Moby summary of Janus International Group, Inc.'s Q2 2026 earnings call

AXT has surged over 350% this year riding the AI optical wave, but tonight Lumentum reports earnings and its commentary on next-generation datacenter connectivity could either validate that run or trigger another painful reversal for anyone exposed to the InP supply chain.

Chinese regulators ordered Meta to reverse its December acquisition of the AI agent startup, triggering a data deletion process for some users

Riot Platforms (Nasdaq: RIOT), the data infrastructure company well-known for its Bitcoin (BTC) mining and artificial intelligence (AI) operations, signed a 20-year lease with a leading AI lab on Aug. 10. Bloomberg identified the AI lab as Anthropic. Riot announced the data ...

The OpenAI CEO's stake in Reddit has implications for AI that are worth watching.

Semiconductor metrology and energy research orders surge over 50% organically.

Costco runs one of the most airtight business models in retail, yet the stock is going nowhere fast. What happens when a near-perfect company runs out of room to surprise the market?

Data center power needs are driving record gas turbine orders. GE Vernova and Caterpillar are among the leaders.

Record results powered by retail, manufacturing, and healthcare growth.

AI inference services drive 29% revenue growth and record $93M quarterly ARR additions.

Newmont's (NEM) agreement with Barrick Mining (B) to resolve the Nevada Gold Mines dispute is positi

By Avinash P and Purvi Agarwal Aug 11 (Reuters) - Wall Street's main indexes slipped on Tuesday, as losses in tech stocks weighed on sentiment, while investors assessed reports of potential deals that

Dow Jones AI giants Nvidia and Amazon are in or near buy zones following strong stock market gains in recent sessions.

Shareholders should continue to profit from the memory shortage.

On missed top-line estimates and cut sales guidance for the year.

Skyrizi and Rinvoq drive ABBV's Q2 growth, with strong sales, market-share gains and new indications supporting the immunology franchise.

Upwork's second-quarter report has increased concerns about the company's future.

On Monday’s CNBC Mad Money episode, host Jim Cramer examined the top-performing stocks in the S&P 500, focusing on the dramatic turnaround in IT consulting leaders Cognizant Technology Solutions Corporation (NASDAQ:CTSH) and Accenture plc (NYSE:ACN). Addressing how market sentiment shifted around the “AI displacement trade,” Cramer outlined how both stocks surged despite long-standing Wall Street […]

During Mad Money’s episode aired on August 3, host Jim Cramer spotlighted Workday, Inc. (NASDAQ:WDAY) after the enterprise software firm surged 31% in July, placing it among the top four gainers in the S&P 500 for the month. Cramer highlighted how Workday began reclaiming ground after extended selling pressure tied to artificial intelligence concerns. He […]

On CNBC’s Mad Money’s August 3 episode, host Jim Cramer highlighted PayPal Holdings, Inc. (NASDAQ:PYPL) as one of the standout performers in the S&P 500 during July as it gained 32.5%. While noting operational improvements under Chief Executive Officer Enrique Lores, Cramer focused on the market reaction surrounding a reported buyout proposal from private fintech […]

Moby summary of Imunon, Inc.'s Q2 2026 earnings call

Burger King has a new look in its sights.

Legend Biotech just posted a quarter that flipped a key narrative for LEGN shareholders, but with a CEO transition underway and the stock still down sharply over the past year, the real question is whether this momentum can last.

Riot Platforms, the Bitcoin miner-turned-data center operator, has struck a $9.1 billion compute supply deal with Anthropic, a source tells Barron’s.

Jensen Huang just unveiled a financing framework that sent the three biggest cloud companies into the red, and the reason why reveals a seismic shift in who controls the future of AI infrastructure.

According to a Semafor report, U.S. Commerce Secretary Howard Lutnick approved Intel’s stock offering plan after CEO Lip-Bu Tan reached out to him last week, while the government decided not to participate in the raise.

UPS’s next contract with the Teamsters union in two years will determine its own fate in parcel delivery and create monumental change at Amazon, FedEx, the U.S. Postal Service, Walmart and other couriers, according to an industry expert. The post Analyst: UPS-Teamsters 2028 showdown will unleash parcel industry tsunami appeared first on FreightWaves.