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Reuters12d agoneutral
Qatar's Ooredoo leads $800 million investment in AI platform Zankore

Qatari telecommunications services provider Ooredoo is expanding its AI computing ambitions through an investment in ‌Zankore, a dedicated AI compute and neocloud platform being ‌developed with Indosat Ooredoo Hutchison, Nokia and Nvidia, it said on Thursday. As founding shareholder and lead investor with a 49% stake, Ooredoo will commit about $800 million to Zankore's launch and initial development • The initial investment is expected to contribute approximately $600 million in cumulative ‌EBITDA over its first ⁠five years, according to current estimates • Zankore, which will initially be developed in Indonesia before expanding ⁠across Southeast Asia, is targeting 1 gigawatt of NVIDIA DSX A...

Qualcomm’s (QCOM) BMW Deal Adds To A Bigger Diversification Push
Insider Monkey12d agoneutral
Qualcomm’s (QCOM) BMW Deal Adds To A Bigger Diversification Push

Qualcomm (NASDAQ:QCOM) signed a long-term deal on July 29 to supply chips for BMW’s future digital cockpit and advanced driver-assistance systems through the next decade. The agreement builds on a partnership that already put the Snapdragon Ride Pilot system into BMW’s iX3, and it arrives while investors are still deciding whether Qualcomm’s push beyond smartphones […]

Novavax (NASDAQ:NVAX) Exceeds Q2 CY2026 Expectations
StockStory12d agoneutral
Novavax (NASDAQ:NVAX) Exceeds Q2 CY2026 Expectations

Vaccine biotechnology company Novavax (NASDAQ:NVAX) announced better-than-expected revenue in Q2 CY2026, but sales fell by 76.3% year on year to $56.7 million. Its GAAP loss of $0.32 per share was 16.6% above analysts’ consensus estimates.

Transocean (RIG) Stock May Be Cheap On Cash Flow But Fair On Sales
Simply Wall St.12d agoneutral
Transocean (RIG) Stock May Be Cheap On Cash Flow But Fair On Sales

Transocean stock has delivered a strong 69.6% return over the past year, yet the valuation checks and an intrinsic value estimate based on a Discounted Cash Flow (DCF) model suggest the current share price of US$5.14 may still sit below what the company’s cash flows imply. Over the last 12 months Transocean has returned 69.6%, which puts the recent share price performance front and center for anyone weighing upside against downside risk. Future contract activity and day rates can support...

Mark Zuckerberg Wants to Accelerate AI Development Further
24/7 Wall St.12d agoneutral
Mark Zuckerberg Wants to Accelerate AI Development Further

While rival AI leaders push for regulations and safety guardrails, Mark Zuckerberg is making the case that slowing down may be the most dangerous move of all. His latest op-ed challenges the entire premise of AI doomerism in ways that could reshape the debate.

IPG Photonics (IPGP) Stock Looks Pricey On Earnings While Five Year Returns Stay Weak
Simply Wall St.12d agoneutral
IPG Photonics (IPGP) Stock Looks Pricey On Earnings While Five Year Returns Stay Weak

IPG Photonics stock has delivered a strong gain over the past year yet remains well below its level from five years ago, and the current valuation checks flag the shares as leaning expensive rather than a clear bargain. Over the last five years, IPG Photonics shareholders have seen the stock fall 47.0%, which raises questions about how much fundamental progress is now already reflected in the current price. Future revenue growth and margin resilience can support today’s price, while any...

Bitdeer Technologies Group (BTDR) Lands A 16 Year AI Deal, Is It A Bargain?
Simply Wall St.12d agoneutral
Bitdeer Technologies Group (BTDR) Lands A 16 Year AI Deal, Is It A Bargain?

Bitdeer Technologies Group (BTDR) is drawing fresh attention after announcing a 16-year colocation and services agreement at its Tydal campus in Norway, valued at about US$4.7b and focused on high-end AI workloads. See our latest analysis for Bitdeer Technologies Group. Even with the Tydal announcement and the recent auditor change to Deloitte & Touche LLP, Bitdeer Technologies Group’s share price return is down 17.9% over 90 days and its 1 year total shareholder return is down 14.5%. This...

Is Eos Energy Enterprises (EOSE) Fully Valued As It Tightens 2026 Revenue Guidance?
Simply Wall St.12d agoneutral
Is Eos Energy Enterprises (EOSE) Fully Valued As It Tightens 2026 Revenue Guidance?

Eos Energy Enterprises (EOSE) tightened its 2026 revenue outlook to a range of $300 million to $350 million after reporting second quarter results and outlining manufacturing consolidation plans that affect expected capacity for the year. See our latest analysis for Eos Energy Enterprises. The latest guidance revision and manufacturing plans come as Eos Energy Enterprises trades at US$3.82, with the share price down 24.51% over 30 days and 39.94% over 90 days, yet the 3 year total shareholder...

Is Softer Guidance and Slower AI Progress Altering The Investment Case For AppLovin (APP)?
Simply Wall St.12d agoneutral
Is Softer Guidance and Slower AI Progress Altering The Investment Case For AppLovin (APP)?

In the second quarter of 2026, AppLovin reported revenue of US$1,923.69 million and net income of US$1,266.54 million, with earnings per share rising year on year despite revenue and guidance coming in slightly below expectations. The company also continued an extensive share buyback program, having repurchased 81.27 million shares since 2022 for US$6.72 billion, while addressing concerns around its advertising AI model improvements and closing an SEC data-collection probe with no action...

Do Plug Power’s (PLUG) Upward Estimate Revisions Clarify Its Hydrogen Turnaround Story?
Simply Wall St.12d agoneutral
Do Plug Power’s (PLUG) Upward Estimate Revisions Clarify Its Hydrogen Turnaround Story?

Plug Power is set to report its June-quarter 2026 results on August 10, with Wall Street expecting a quarterly loss of US$0.08 per share and a year-on-year revenue decline. Analysts have revised their earnings estimates upward in recent weeks, signaling a shift in expectations that could influence how investors interpret the upcoming results. Next, we’ll examine how the upward revision in Plug Power’s earnings estimates may interact with its existing hydrogen turnaround investment...