AeroVironment's (AVAV) "strong" fiscal Q4 results and "conservative" fiscal 2027 guidance reinforce
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FRANKFURT, June 30 (Reuters) - Europe is an emerging but promising market for self-driving 'robotaxis', with the technology set to become far more visible across the region over the next two years,
Amazon said on Tuesday it is creating a new division under its Amazon Web Services cloud unit employing so-called forward-deployed engineers who embed with customers to help them more quickly and efficiently adopt artificial intelligence software. The company is committing an initial $1 billion to the initiative with the goal of sending five to six pods of engineers to customers for 45-day periods, said Francessca Vasquez, AWS vice president of frontier AI engineering and services. Forward-deployed engineers are versatile workers who embed directly alongside clients, navigate internal politics and write production-grade code to help make models deliver results.
Despite rising more than 800% this year, Sandisk stock still has room to run much higher, a Wall Street analyst says.
By Marc Jones LONDON, June 30 (Reuters) - Investors have had to gulp down the motion-sickness tablets this year as the turmoil from the Iran war has clashed with a seemingly unstoppable boom in all
(Bloomberg) -- Retail investors’ activity in the technology stocks known as the “Magnificent Seven” hit a four-year low in recent days after having been muted for months, according to Citigroup Inc. equity strategists.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanWhatsApp Opens Username Reservations to 3 Billion UsersTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsIran Ratchets Up Talk
The British government said on Tuesday that it is likely to challenge Paramount Skydance’s takeover of Warner Bros. Discovery, potentially complicating the finalization of the $110 billion merger.
Things are looking bright for solar stocks. The race to build artificial-intelligence data centers—and the expected rise in demand for power—has helped drive a rally in solar stocks. Below are some of ...
Institutional investors are largely sitting out perpetual futures, the single most-traded product in crypto derivatives. In a note on June 29, JPMorgan said that there seems to be very little institutional appetite for the contracts. The understanding is based on conversations with clients ...
Morgan Stanley’s Chief Investment Officer and Chief U.S. Equity Strategist Michael Wilson appeared on CNBC this morning with a framing that should give every AI-chip investor pause. The 2026 semiconductor rally, in his read, looks like the next leg of a commodity rotation set off by Fed money printing, with the AI structural story riding ... Morgan Stanley’s CIO: Chip Stocks Following Rare Earths and Gold As Next “Commodity Boom.” Here’s Why That Should Worry You.
SpaceX recently raised $25 billion from bonds after raising a ton of money through its initial public offering.
UnitedHealth Group (UNH) is likely to report second-quarter earnings above Wall Street's consensus,
June 30 - India's Tata Communications on Tuesday named Rupesh Chokshi as its new chief technology officer, replacing Genius Wong, who resigned due to personal reasons.
A country-by-country EU reporting requirement forces companies to offer additional public tax details.
(Updates with quotes from Secretary Lisa Nandy and Paramount throughout the story.) Paramount Sky
Treasury yields rise, on path for a quarterly increase. An agreement to fully restore shipping through the Strait of Hormuz remains elusive and oil prices edge higher. Fed funds futures price at least one Fed hike this year, according to CME.
The drone maker posted Q4 adjusted EPS of $1.84 versus an estimate of $1.46, with revenue of $641.6 million against an estimate of $556 million
Toyota will hold a 51% stake in the new entity, which will have exclusive rights to produce Joby's S4 series aircraft
The Japanese government will grant up to 148 billion yen ($912 million) to Rakuten Group to help it build a satellite communications network, industry group Communications and Information Network Association of Japan said on Tuesday. Rakuten, an e-commerce, financial and telecommunications conglomerate, is in talks with AST SpaceMobile of the United States to form a joint venture for the project, a Rakuten spokesperson said. •Japan currently depends on SpaceX's Starlink and other services offered by foreign companies for low-orbit satellite communications, and it aims to nurture home-grown operators to boost its economic security.
Abbott Laboratories has reached a proposed settlement that will see civil penalties paid under the US False Claims Act.
LONDON, June 30 (Reuters) - Britain said on Tuesday it could intervene in Paramount Skydance Corp's proposed takeover of Warner Bros Discovery, potentially holding up the $110 billion deal after the U. and China gave it the green light.
The Shenzhen-listed iPhone and AirPods assembler is offering 383.5 million shares at a maximum price of HK$63.28 each
Cerebras shares sank despite strong revenue growth.
June 30 (Reuters) - Wall Street's main indexes opened flat on Tuesday, the final trading day of a quarter that saw equities post the biggest gains in years.
Palantir Technologies Inc. (PLTR) confirmed two separate partnerships on Monday, June 29, one with a private aviation startup and one with Nvidia. Most coverage will treat these as routine corporate news. The pattern underneath them is not routine, however. It points to how Palantir plans to defend ...
Uber stock could face more robotaxi fears after news that it is no longer partnering with Waymo in Phoenix, an analyst said.
Phil Rosen goes Inside The ICE House to explain how Micron’s blockbuster earnings are reinforcing the strength of the AI-driven memory trade and broader tech rally. He breaks down why investors remain bullish even as rising chip costs begin to pressure consumer-facing companies and create uneven outcomes across the market. Rosen also frames the recent tech sell-off as a healthy rotation into defensive sectors rather than a broader market breakdown. He discusses Fed Chair Kevin Warsh’s uncertain policy stance, with markets still searching for clarity on rates.
YouTube TV and DirecTV Stream subscribers from April 2019 through March 2026 can file claims by Sept. 8
According to a Reuters report, the U.S. Federal Communications Commission is drafting a rule that would apply to new foreign inverter models and could be published as early as this year.