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Palo Alto Networks (PANW) Completes Acquisition of AI Gateway Provider Portkey
Insider Monkey80d agoneutral
Palo Alto Networks (PANW) Completes Acquisition of AI Gateway Provider Portkey

Palo Alto Networks Inc. (NASDAQ:PANW) is one of the best future tech stocks to buy according to billionaires. On May 29, Palo Alto Networks officially closed its acquisition of Portkey, a leader in AI Gateway technology. The move is designed to enhance the capabilities of the Prisma AIRS security platform, providing a centralized control plane […]

Motorola Solutions to buy D-Fend Solutions for $1.5 billion
Reuters80d agoneutral
Motorola Solutions to buy D-Fend Solutions for $1.5 billion

Telecom ‌equipment firm ​Motorola Solutions said ‌on ⁠Monday it ⁠has ​agreed ​to ​buy ‌counter-drone technology company ‌D-Fend ​Solutions ​for $1.5 ​billion. (Reporting ‌by Anhata ​Rooprai ​in ​Bengaluru; ‌Editing by ​Devika ​Syamnath)

U.S. Stock Futures Rise Amid AI Enthusiasm
The Wall Street Journal80d agoneutral
U.S. Stock Futures Rise Amid AI Enthusiasm

A jump in oil prices is doing little to take the shine off of U.S. stocks this morning. Brent crude futures are up more than 3% to trade above $94 a barrel after a weekend exchange of fire between the U.S. and Iran, even as both countries continue to hammer out a peace deal. Adding to the fervor this morning was Nvidia’s unveiling of its new superchip, which it described as “the most efficient PC chip ever built.”

Crypto exchange Binance rolls out trading in US stocks, ETFs
Reuters80d agoneutral
Crypto exchange Binance rolls out trading in US stocks, ETFs

Crypto exchange Binance said on Monday it has launched stock and exchange-traded ‌fund trading for customers on its platform, ‌expanding beyond digital assets into traditional financial markets. • Binance said users will have access to more than 7,000 U.S. stocks and exchange-traded funds on its app, in addition to crypto ‌tokens. • Customers will ⁠also be able to buy fractional shares, allowing them to invest in portions of ⁠stocks with as little as $5, the crypto firm added.

China Tightens Outbound Investment Rules in US Tech Rivalry
Bloomberg80d agoneutral
China Tightens Outbound Investment Rules in US Tech Rivalry

(Bloomberg) -- China strengthened oversight of outbound investment through a new directive, tightening cross-border capital flows as its technology rivalry with the US intensifies.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionStrait of Hormuz Ship Transits Are Rising Thanks to US HelpA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectAmericans Injured in Iranian Missile Strike on Ku

It’s a New Day For Canadian Energy. How to Capture It With Pipeline Stocks.
Barrons.com80d agoneutral
It’s a New Day For Canadian Energy. How to Capture It With Pipeline Stocks.

Canada’s Nisga’a Nation isn’t known as a big energy player, but the Indigenous government is backing a project to export LNG from British Columbia overseas. The project would have been a pipe dream a few years ago under Prime Minister Justin Trudeau. Prime Minister Mark Carney is greasing the wheels to get exports flowing beyond America, partly out of necessity due to President Donald Trump’s trade war.

Wall Street futures gain as AI advances overshadow US-Iran tensions
Reuters80d agoneutral
Wall Street futures gain as AI advances overshadow US-Iran tensions

U.S. stock index futures climbed on Monday, starting June on a firm footing, as the latest AI push from Nvidia and Microsoft ‌lifted shares, even as uncertainty over the Middle East war lingered. Nvidia rose 1.6% ‌in premarket trading after the world's most valuable company unveiled a new chip that brings AI capabilities to ​laptops and desktops, set for release this fall. The chip is a result of a three-year partnership with Microsoft to "reinvent the PC" for the AI era, Nvidia CEO Jensen Huang said.

Whey Protein Is Running Out as Food Companies Put It in Everything
Bloomberg80d agoneutral
Whey Protein Is Running Out as Food Companies Put It in Everything

(Bloomberg) -- Big Food is packing protein into chips, waffles and even Starbucks’ lattes, and consumers can’t get enough of it.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectStrait of Hormuz Ship Transits Are Rising Thanks to US HelpPro-Trump Outsider Wins Colombia Vote, Sets Up Heated RunoffBut that insatiable demand now has the in

Nvidia Introduces First PCs Designed for AI Agents
The Wall Street Journal80d agoneutral
Nvidia Introduces First PCs Designed for AI Agents

Nvidia unveiled the first personal laptop computers designed for running artificial-intelligence “agents,” using a newly designed version of the company’s signature AI chips. Nvidia will work with six manufacturers—Dell Technologies, Lenovo Group, Microsoft, HP, Asus and MSI—to build the laptops.

Jobs Report, Broadcom Earnings: What to Watch This Week
The Wall Street Journal80d agoneutral
Jobs Report, Broadcom Earnings: What to Watch This Week

Broadcom is set to be the final semiconductor giant to report earnings for the quarter, as a historic rally in chipmaker stocks shows little signs of abating. Investors will also watch Friday’s jobs report—one of the first major economic indicators that will inform the Federal Reserve under its new chairman, Kevin Warsh.

The ‘AI Train’ Moves Ahead
The Wall Street Journal80d agoneutral
The ‘AI Train’ Moves Ahead

The S&P 500 just posted one of its best two-month runs ever. That often means more good times ahead. Chip stocks powered the S&P up 16% across April and May, a two-month surge matched only four other times since 1950, according to Dow Jones Market Data.