(Bloomberg) -- Elon Musk unveiled a more detailed look at an initial version of an AI data center satellite SpaceX plans to build, providing fresh insight into the ambitious project driving the company’s highly anticipated initial public offering.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalTrump’s $100,000 H-1B Visa Applicatio
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Every company gets one shot to redefine what it is. Most never take it. The ones that do tend to look unrecognizable a few years later, and the market either rewards the reinvention or punishes the nerve. The artificial intelligence (AI) boom has turned raw computing power into the most valuable ...
(Bloomberg) -- Liquefied natural gas prices are set to climb to levels not seen in more than three years as hotter weather in Asia and restocking needs in Europe boost demand, according to Morgan Stanley.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Ir
Moby summary of Mama's Creations, Inc.'s Q1 2027 earnings call
Few companies have managed to weave themselves as deeply into the fabric of everyday life as Walmart. Need groceries? Walmart has them. A refill on your prescription? Walmart can take care of it. A new outfit for that upcoming event, supplies for that new family pet, or a restock on household ...
A strong quarter and its first stock split as a public company weren't enough to satisfy a stock priced for perfection.
These IPOs are bringing a lot of capital into the crypto sector via a brand new route that could have a beneficial spillover effect.
Setting a record sounds like a positive, but not every record counts as an accomplishment. You don't want to be the person who sets the record for surviving the most snake bites, although that's better than coming in second and dying after the record-breaker. In addition, you can set a record for ...
Some well-known companies were added to the annually updated list, which designates them as a U.S. national-security risk.

<body><p>STORY: U.S. stocks ended mostly higher Monday boosted by shares of chip companies.</p><p>While the Dow fell slightly, the S&P 500 added three tenths of one percent and the Nasdaq climbed about nine tenths.</p><p>:: Intel</p><p>Intel shares jumped 11% after news website The Information reported that Alphabet's Google had placed an order to manufacture more than 3 million tensor processing units in 2028.</p><p>:: Marvell Technology</p><p>And shares of Marvell Tech rose 9.5% after S&P announced that the company would be added to the S&P 500 index later this month.</p><p>Also, Iran and Israel said they had halted attacks on each other.</p><p>This came after an appeal from U.S. President Donald Trump that they immediately "stop shooting." </p><p>The attacks over 24 hours were the most direct confrontation between Iran and Israel since an April ceasefire in the war.</p><p>Justin Livengood, senior portfolio manager with Invesco, says he thinks regardless of when there is an end to the conflict in the Middle East, energy prices could stay higher, which could lead the Federal Reserve to raise interest rates.</p><p>“Inflation's been drifting up in general the last six to nine months, not just for oil prices but even for core elements. And that's a concern. I think that concern persists as oil and natural gas prices linger higher. And the longer that persists, the more likely we are to have a Fed feel they need to raise rates late this year. I certainly feel that right now the base case for the Fed is a hike, not a cut, as their next move. And I think with each week and month that this Middle East conflict continues. The odds of that hike get pulled forward.” </p><p>:: Apple</p><p>Other stocks on the move included Apple which dropped almost 2% after announcing a Siri revamp at its annual Worldwide Developers Conference.</p><p>:: AWS</p><p>And shares of Corning gained 5.5% after Amazon announced a multi-year multi-billion-dollar deal to buy the company's optical fiber and cables for its data centers. </p></body>
OpenAI has confidentially filed its initial public offering, a week after AI rival Anthropic and days before the actual SpaceX IPO.
Bitcoin miners are emerging as an important part of the artificial intelligence buildout, according to a new research note from Bernstein analyst Gautam Chhugani. The firm initiated coverage of two mining companies, TeraWulf and Cipher Digital, with "Outperform" ratings, calling them "the power ...
Apple's pitch for AI is about being personal and easy to use.
The ChatGPT maker, valued at $852 billion, says it may be a while before it goes public but wants the option to move sooner
Investing.com -- Qualcomm (NASDAQ:QCOM) shares climbed 2% in after-hours trading on Monday following comments from NVIDIA (NASDAQ:NVDA) CEO Jensen Huang recommending investors purchase the chipmaker's stock.
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The ChatGPT maker confidentially filed for an offering, but said ‘it may be a while’ before it goes public
Investing.com -- OpenAI has confidentially submitted a draft S-1 filing to the Securities and Exchange Commission, setting up what could be one of the largest public listings in the tech sector. The company stated it chose to announce the move proactively because it expected the confidential regulatory submission to leak. Management noted that a definitive timeline for the initial public offering has not been established, warning that the process may take a while. The company indicated it still
Mama's Creations (NASDAQ:MAMA) reported sharply higher first-quarter fiscal 2027 results, with management pointing to new retail placements, the Crown I acquisition and broader customer growth as the main drivers, even as gross margins were pressured by launch-related costs. Chairman and CEO Adam L
Wall Street is bracing for a wave of blockbuster listings. SpaceX announced in May that it would debut on Nasdaq on June 12 in what could be the largest IPO in history, with an estimated $1.75 trillion valuation. A few days later, Anthropic, the AI lab behind Claude.AI, also announced ...
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OpenAI has confidentially filed for an initial public offering, setting it up for what may be the most highly anticipated market debut in recent history and a massive payday for early investors.
OpenAI said in a statement that it has confidentially filed its draft S-1 document with the SEC.
The filing comes a little more than a week after its main rival, Anthropic, also filed to go public, ramping up the race between the two AI firms.
