Micron Technology (MU), the largest U.S, memory chipmaker, announced a strategic agreement with Anthropic on Monday that bundles three things together: a technical collaboration on AI memory design, a new multiyear supply contract, and a stake Micron already holds in Anthropic's funding round. The ...
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
LONDON, June 23 (Reuters) - Independent energy firm NatPower and Tesla said on Tuesday they had reached a deal to build 25 gigawatt hours of battery storage in Italy and Britain, the first phase of a project worth up to $5 billion. Countries across Europe are ramping up battery storage projects to help balance the rollout of intermittent renewable power capacity.
(Bloomberg) -- SpaceX shares extended declines in premarket trading, a day after the company saw the second-largest single-session drop in market value on record. Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapMeta Invests $900 Million in Cred, Taps Founder to Head Wh
OpenAI debuted its ChatGPT ad pitch at Cannes Lions, but top executives and users alike are pushing back hard.
(Bloomberg) -- Chinese equities in Hong Kong entered a bear market as sentiment soured on tepid consumer spending and fading confidence in e-commerce firms. Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapMeta Invests $900 Million in Cred, Taps Founder to Head WhatsApp
Accenture flags a wider Q4 range as Middle East disruption and delayed services deals test its AI-led reinvention push.
Investors are looking forward to another week of chip stock reveals. Qualcomm is expected to give more details about its business at its investor conference. Micron, the latest trillion-dollar semiconductor company, reports earnings, as do FedEx, Cerebras and Carnival.
BofA reversed course to forecast 3 Fed rate hikes in 2026, amid sticky inflation and Chair Kevin Warsh hawkish turn.
Elon Musk’s EV maker continues to rebuild strength in a region where Chinese rivals are gaining ground.
The tech company’s head count shrank by roughly 13% in its previous fiscal year, as it continued to invest in artificial intelligence.
(Bloomberg) -- China narrowed its cumulative fiscal deficit for the first time in more than two years, pressing ahead with austerity despite muted domestic demand and slowing economic growth.Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapMeta Invests $900 Million in C
(Bloomberg) -- Gold declined as inflationary concerns overshadowed early optimism around negotiations to resolve the Iran war.Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapIran Says Hormuz Closed Again as Talks With US Set to OpenMeta Invests $900 Million in Cred, Taps Founder to Head WhatsAppBullion fell as much as 1.8% to near
The new Fed chair is already making his stamp on the organization.
By Emma Rumney LONDON, June 23 (Reuters) - Shopify Inc will ban all vapes from its platform as soon as this week following pressure from a group of U.S. state attorneys general aiming to curb sales of
Tesla's recovery in Europe has been remarkable. Europe, the world's second-largest EV market behind China, seemed done with the company in 2025. Tesla (TSLA) lost market share in European countries where it had previously been popular as the influx of cheaper Chinese models and CEO Elon Musk's ...
(Bloomberg) -- Tencent Holdings Ltd. is negotiating exits from several game studio investments in Japan, including Tokyo-traded Marvelous Inc., as part of a reassessment of the company’s global portfolio, people with knowledge of the matter said.Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsStocks Fall as SpaceX’s Rout Offsets US
LONDON, June 23 (Reuters Breakingviews) - Follow on Apple or Spotify. The SpaceX boss became the first trillionaire by defying business wisdom, upending financial standards and embracing far-right politics.
The brokerage added that launches of robotaxis and humanoid robots may initially become “loss centers.”
(Bloomberg) -- Sony Group Corp. was still marketing the original PlayStation when it last tapped the US investment-grade bond market. Almost three decades later, it’s readying a comeback. Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapMeta Invests $900 Million in Cred
Micron Technology’s (MU) earnings announcement on June 24 is expected to be the grand finale to a stunning earnings announcement season. For the most recently reported quarter for the three months ended February 26, Micron increased earnings per share by 756% following 984% growth last ...
Memory chips maker Micron (NASDAQ:MU) will be reporting results this Wednesday after market hours. Here’s what to expect.
Amazon Prime Day evolved out of the company's desire to grow Prime memberships and create a shopping holiday during the slower summer season. The company frames the event, which launched in 2015, as a gift to loyal customers. "Prime Day is about celebrating our members by providing them with ...
Stay focused on more important catalysts for either stock.
SEOUL, June 23 (Reuters) - The global AI boom has turned South Korean chipmaking giants SK Hynix and Samsung Electronics into stock market darlings. It has also thrust their employees into the top tier of the country's highly competitive marriage market.
With more Americans seeking out organic food and fresh produce, natural grocery chains like Sprouts Farmers Market stand to benefit. But there’s a lot of competition in the fresh produce lane. It's not just grocery chains such as Trader Joe’s and Whole Foods battling for market share; Sprouts also ...
Despite a significant net loss, HIVE Digital Technologies Ltd (HIVE) focuses on expanding its GPU Cloud business and AI capabilities to drive future revenue growth.
The CFTC’s approval of so-called perps has triggered a selloff in U.S. exchanges’ shares—and at least one high-profile lawsuit.
(Bloomberg) -- When Moody’s Ratings first evaluated Nvidia Corp. almost a decade ago, it settled on a Baa1 investment-grade rating, taking comfort in its relatively light debt load and more than $1 billion of free cash flow after 16 years as a public company.Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueIran Says Hormuz Closed Again as Talks With US Set to OpenStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapUS and Iran Make ‘Progress’ in T
In the wake of the SpaceX IPO, investors can expect global communications and AI data processing — both via satellites — to be important themes for many years.