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Apple reportedly tests CXMT memory chips as AI demand tightens global supply
InvestorsHub9d agoneutral
Apple reportedly tests CXMT memory chips as AI demand tightens global supply

Apple Inc (NASDAQ:AAPL) is reportedly evaluating memory chips produced by China’s CXMT Corp for use across products including iPhones and MacBooks as surging artificial intelligence investment places increasing pressure on global memory supplies. According to The Wall Street Journal, Apple has also held preliminary discussions with CXMT about potentially sourcing memory components for devices sold within China, citing people familiar with the matter.

Is Texas Pacific Land (TPL) Expensive On Earnings Or Are Data Center Plans Priced In?
Simply Wall St.9d agoneutral
Is Texas Pacific Land (TPL) Expensive On Earnings Or Are Data Center Plans Priced In?

Texas Pacific Land earnings put data center and water ambitions in focus Texas Pacific Land (TPL) just reported second quarter 2026 earnings that highlighted record revenue from royalties and water, along with a clearer push into data center and power related projects. See our latest analysis for Texas Pacific Land. Despite the strong second quarter update, Texas Pacific Land’s share price has retreated recently, with the stock down 16.1% over the past week and 14.4% over the past month. The...

AST SpaceMobile (ASTS) Stock Jumped, What Is Behind The Fresh Attention?
Simply Wall St.9d agobullish
AST SpaceMobile (ASTS) Stock Jumped, What Is Behind The Fresh Attention?

AST SpaceMobile (ASTS) is back in focus after the successful launch of its BlueBird 11, 12, and 13 satellites, along with a new European integration campaign with major mobile operators and an upcoming Q2 2026 earnings report. See our latest analysis for AST SpaceMobile. Recent launches and the European integration campaign have pulled AST SpaceMobile back into the spotlight, with the share price at $71.94 and near term share price returns mixed while multi year total shareholder returns...

Reuters9d agoneutral
Data center operator CyrusOne plans potential 2027 IPO, banks pitch for roles, sources say

CyrusOne, a data center operator owned by KKR and BlackRock's Global Infrastructure Partners, is preparing for an initial public offering ‌as early as 2027, in what could be one of the biggest IPOs ‌in the sector in recent years, according to people familiar with the matter. The private equity firms met investment banks ​including Goldman Sachs and Morgan Stanley last week and the banks pitched for roles on the IPO, the people said, asking not to be identified because the discussions are confidential.

Micron’s Memory Boom Is Heading For A Peak, Analyst Warns
Benzinga9d agoneutral
Micron’s Memory Boom Is Heading For A Peak, Analyst Warns

Micron Technology, Inc. (NASDAQ:MU) stock gained about 1% in Monday premarket trading as technology stocks moved higher ahead of the opening bell. Nasdaq futures rose 0.41%, while S&P 500 futures gained 0.17%.The move comes as investors weigh Micron’s longer-term growth prospects against expectations for slowing memory pricing momentum and rising competition from Chinese manufacturers.On Aug. 7, Citigroup analyst Atif Malik maintained a Buy rating on Micron but lowered his price forecast to $1,1

What a Family Business Taught e.l.f. Beauty’s CEO
The Wall Street Journal9d agoneutral
What a Family Business Taught e.l.f. Beauty’s CEO

Conventional wisdom would say no. But over the last 12 years, e.l.f. Beauty CEO Tarang Amin has done it, and on this week’s episode of WSJ Leadership Institute Presents: Leaders, he shares how. “Everything I know about cash flow, economic profit, how you treat people, really came from those early days building up our family business like that,” Tarang told me.

Taiwan Semiconductor’s Blockbuster Run Rolls On: July Revenue Surges 45%
Benzinga9d agobullish
Taiwan Semiconductor’s Blockbuster Run Rolls On: July Revenue Surges 45%

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) reported a sharp increase in July revenue on Monday, extending strong growth from a year earlier. The chipmaker reported consolidated revenue of approximately 467.58 billion New Taiwan dollars for July, up 44.7% from 323.17 billion New Taiwan dollars in the same month last year. July Revenue Rises From June Revenue increased 5.6% from 442.68 billion New Taiwan dollars in June, according to the company’s monthly revenue report. The result