SK Hynix said on Thursday it has shipped samples of its latest high-bandwidth memory (HBM) chips to major customers, as the South Korean chipmaker seeks to strengthen its position in the fast-growing AI semiconductor market. The next-generation 12-layer HBM4E chip reaches speeds of up to 16 gigabits per second per pin and offers over 20% better power efficiency than previous models, the company said. HBM chips are used in AI chipsets and are crucial components for processors such as those made by Nvidia, helping handle vast data needed to train AI models.
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CarMax delivered better-than-expected quarterly results, but the stock still sank.
According to a media report, the leader of its internal AI initiative is leaving the company.
Rumble, which hosts U.S. President Donald Trump's Truth Social platform, said it would begin operating as 'RUM Group' and oversee a new AI-focused business unit in addition to its existing video platform. The move, announced on Wednesday and effective from June 18, comes after the company closed its acquisition of German AI cloud company Northern Data. Here are some details: • Rumble shares jumped about 8% in extended trading.
S&P Dow Jones indexes said it won't make any special rule changes to allow SpaceX into the S&P 500.
Warsh kicked off his first official meeting as chair of the Federal Open Market Committee with a bang.
Moby summary of Jabil Inc.'s Q3 2026 earnings call
SpaceX is more of an AI stock than a space stock -- and that's great news for Intel.
This mREIT isn't a high-yield trap, but it also isn't a reliable long-term investment.
This is the third piece in a series examining "boring" large-cap stocks that have outperformed the Nasdaq-100 over the past five years. The first piece introduced the five companies and the data. The second piece covered defense and nuclear supplier Curtiss-Wright. This week: a company that moves ...
Stock Market Today: The Dow Jones index wavered Wednesday ahead of the Fed's decision and Fed Chair Warsh's comments. SpaceX stock rallied.
The top 10 US stocks now have a combined market cap of $25.3 trillion.
The U.S. government awarded $500 million on Wednesday to startup SandboxAQ to develop new chemicals and materials for domestic semiconductor manufacturing, including alternatives to PFAS and rare earth imports. The award is part of President Donald Trump's move to allocate research funds under the CHIPS Act, an effort that previously funded a $150 million investment in new chip manufacturing tools and a $2 billion investment in quantum computing. So far, SandboxAQ has applied those models to fields such as biotechnology and quantum navigation sensors to replace global positioning systems, but now it is moving into chemicals and materials for chip manufacturing.
And the odds were pretty slim to begin with, leaving investors unsure of what to do next.
Does AI hype have Wall Street ignoring inflation? Trader Talk host Kenny Polcari discusses the growing concerns with NYSE Senior Market Strategist Michael Reinking, and Tuttle Capital Management CEO & CIO, Matthew Tuttle
Potential interest rate increases (and downstream effects such as higher bond yields) could mean trouble for the stock market, especially if they coincide with new tariffs.
(Bloomberg) -- SpaceX shares are poised for a fourth straight day of gains, reinforcing the company’s place among the world’s largest after it surpassed Amazon.com Inc. by market value.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealShares
Buying AI coding agent Cursor in a $60 billion deal and renting out data-center capacity gives the company a launchpad to land more enterprise customers.
Inflation continues to hit new highs, potentially with far-reaching effects on the market.
Procter & Gamble (NYSE:PG) is the household name every retirement portfolio reaches for when markets get choppy, and its $350.4 billion market cap makes it the default consumer defensive trade on every desk. The internals tell a different story. The Crowded Trade Is Quietly Cracking P&G beat its most recent quarter, but the internals are ... Forget P&G: This Defensive Cash-Flow Powerhouse Just Beat Earnings and Is a Best Buy Today
It could go both ways, actually.
Jerome Powell just issued a stark warning about the future of the Federal Reserve -- and the implications for your portfolio could be enormous.
The space flight competitor is falling while SpaceX is soaring.
Days after raising a record $85.7 billion in its IPO, SpaceX agreed to acquire AI coding startup Anysphere in a $60 billion stock deal, giving Elon Musk a foothold in one of AI’s fastest-growing software markets.
Moby summary of John Wiley & Sons, Inc.'s Q4 2026 earnings call
If you haven't planned for inflation, and possibly high inflation, your nest egg's purchasing power could shrink alarmingly.
For the past two years, the story of AI on Wall Street has mostly been about speed. Faster research, faster summaries, faster answers to questions an analyst would otherwise spend an afternoon on. That story is now changing shape. The systems now being built are not just answering questions about ...