(Updates with the company's response in the fourth paragraph.) Super Micro Computer (SMCI) is coo
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The United States' regulation of artificial intelligence is problematic and inconsistent, Martin Chavez, vice chairman at investment firm Sixth Street, told Reuters on Tuesday. Speaking at the Reuters Momentum AI London event, Chavez criticised the current U.S. approach of regulating each new AI model's release individually, citing a lack of transparency on how decisions are made and who is making them. The outspoken remarks from a technology and financial industry veteran, who is also a member of the board of Google owner Alphabet Inc, echoed growing concerns about how the lack of a level playing field in AI regulation could increase risks.
18% That's how much Microsoft shares have fallen this month as investors retreat from Mag 7 stocks. It's put the tech behemoth on track for its worst month since December 2000, when stocks were in the midst of the dot-com bubble burst.
Big "vertical," synergistic-seeking media mergers are officially no longer a thing now that Comcast has decided to break apart the company. Again.
Companies establish venture to produce electric aircraftJoby Aviation, Inc. (NYSE:JOBY) shares rose 7% on Tuesday after the company announced a manufacturing joint venture with Toyota Motor Corporation to build Joby’s S4 Series electric vertical take-off and landing (eVTOL) aircraft.
QXO (QXO) said Tuesday that stockholder elections have been completed for the merger consideration i
Investing.com -- Wolfe Research said surging memory chip prices driven by the artificial intelligence buildout have already added meaningfully to core inflation, with further upside likely as costs continue to filter through the consumer electronics supply chain.
Amphenol is forecast to unveil its second-quarter results in July, with analysts predicting a double-digit earnings growth.
Authorities reportedly searched offices tied to an investigation into Nvidia chip exports.
The recall covers a transmission issue that could cause vehicles to roll away.
Investors are awaiting NextEra Energy's fiscal second-quarter earnings, with analysts projecting modest, low-single-digit earnings growth.
Moody's will release its second-quarter results shortly, and analysts forecast a double-digit increase in earnings.
Most TopBuild shareholders opt for cash componentQXO, Inc. (NYSE:QXO) shares climbed 8% on Tuesday after the company announced the preliminary election results for shareholders of TopBuild Corp.
Investing.com -- The "Magnificent 7" group of technology companies lost approximately $2.3 trillion in market value this month as investors increased scrutiny of large infrastructure spending by these firms.
Hilton Worldwide is gearing up to report its fiscal second-quarter results this month, and analysts call for single-digit growth in its profitability.
The number of people under investigation has grown from 3 to 9 as Taiwanese prosecutors search 12 sites tied to alleged Nvidia chip diversions to China
CAVA is growing fast with strong financials, while Chipotle boasts global scale and profitability. See how their fundamentals stack up for investors.
Super Micro Tumbles on Report of Taiwan Searches Tied to Nvidia Chips
Investing.com -- Comcast Corp. has received upgrades from Rosenblatt Securities and Deutsche Bank on Tuesday following the company's surprise announcement that it plans to spin off NBCUniversal into a separate publicly traded company.
ServiceNow is scheduled to announce its second-quarter results soon, with analysts anticipating a single-digit earnings decline.
D-Wave is selected to receive $1.6 million from the National Science Foundation. It’s the company’s latest federal funding injection.
Costco's executive membership growth fuels richer fee income, stronger sales mix and a new China expansion opportunity.
Investing.com -- BlackRock Inc. has downgraded its view on emerging-market equities to neutral from overweight for the next six to 12 months, citing concentration risks in artificial intelligence-linked companies, according to its 2026 mid-year global investment outlook released by the BlackRock Investment Institute.
Google-backed Apptronik unveiled a new robot training facility on Tuesday, betting that large-scale real-world data collection will accelerate the commercialization of humanoid robots. The Austin-based startup said the facility, developed with Google DeepMind, is designed to move robots from pilot projects to production deployments. • The nearly 90,000-square-foot facility, Robot Park, in Austin houses fleets of humanoid robots performing logistics, manufacturing and retail tasks to generate training data for AI models.
U.S. stocks are set to close out a blockbuster quarter with fresh momentum. Meanwhile, investors are monitoring for updates out of the Middle East, after President Trump said yesterday that the U.S. will meet with Iran today in Qatar.
(Bloomberg) -- The sweeping tariffs underpinning President Donald Trump’s economic policy may have gone from a headwind to a tailwind for the stock market, with the Supreme Court’s decision to unwind them setting the stage for a potential earnings boon for some companies.Most Read from BloombergYen 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 CurbsUS Stocks Get Tech Boos
Otis Worldwide will release its second-quarter earnings soon, and analysts anticipate a single-digit profit dip.
The early signs suggest a clear way to play the dip.
This year's second quarter was a blockbuster period for tech stocks. The PHLX Semiconductor Index—which houses chip stocks like Nvidia and Broadcom—has climbed 81% through yesterday, putting it on track for its best quarter in history. Once darlings of the industry, some of the biggest names in tech have fallen out of favor with investors as they fret about these companies' big AI spending commitments.
The acquisition of CEI adds a free cash flow-positive business to Oklo and strengthens its in-house technical capabilities that support Aurora powerhouse commercialization.