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Fluor targets energy over data centers
Construction Dive12d agoneutral
Fluor targets energy over data centers

Demand for electricity projects better fits Fluor’s project profile than the data centers they power, CEO Jim Breuer said during the firm’s second-quarter earnings call.

Archer Aviation Is Buying Boeing’s Flying-Taxi Enterprise and the Stock Is Soaring 29%
Barrons.com12d agobullish
Archer Aviation Is Buying Boeing’s Flying-Taxi Enterprise and the Stock Is Soaring 29%

Shares of Archer Aviation soared Monday after the company announced it was taking over some of Boeing subsidiaries as it adds to its flying-taxi and autonomous flight capabilities. Archer Aviation stock rose 29% to $6.63 on Monday while Boeing stock declined 0.7% to $232.74. The sharp share price increase Monday was in response to the announcement that Archer has agreed to acquire Boeing subsidiaries Wisk Aero, SkyGrid, and Insitu.

U.S. Stocks Open Flat
The Wall Street Journal12d agoneutral
U.S. Stocks Open Flat

Stocks around the globe kicked off the new trading week on a solid footing. In the U.S., indexes were little changed, as focus remains on economic data and the wind-down of second-quarter earnings season.

CGNX Q2 Deep Dive: AI-Driven Growth and Product Diversification Shape Outlook
StockStory12d agoneutral
CGNX Q2 Deep Dive: AI-Driven Growth and Product Diversification Shape Outlook

Machine vision technology company Cognex (NASDAQ:CGNX) fell short of the market’s revenue expectations in Q2 CY2026, but sales rose 16.9% year on year to $291.3 million. On the other hand, next quarter’s outlook exceeded expectations with revenue guided to $310 million at the midpoint, or 9.9% above analysts’ estimates. Its non-GAAP profit of $0.45 per share was 5.9% above analysts’ consensus estimates.

Bloomberg12d agoneutral
Microsoft Plans Production Boost for AI Chips, Report Says

(Bloomberg) -- Microsoft Corp. is planning to “significantly” increase production of its next-generation AI chips, the Information reported.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Stocks Churn as Oil Advance Boosts Treasury Yields: Markets WrapTrump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaBehind Bessent Moves, Wall Street Sees a Bond-Market AngstThe company has been

Nu Holdings (NU) Could Rebound Despite Asset Quality Concerns
Insider Monkey12d agoneutral
Nu Holdings (NU) Could Rebound Despite Asset Quality Concerns

Sands Capital, an investment management company, released its “Sands Capital Technology Innovators Fund” Q2 2026 investor letter. A copy of the letter can be downloaded here. In the quarter, global equities rebounded sharply, with the MSCI ACWI posting its strongest quarterly gain since 2020, supported by broad market strength, easing geopolitical tensions, and continued enthusiasm for […]

AI Adoption Is Driving Stronger Demand for Palo Alto Networks (PANW)
Insider Monkey12d agoneutral
AI Adoption Is Driving Stronger Demand for Palo Alto Networks (PANW)

Sands Capital, an investment management company, released its “Sands Capital Technology Innovators Fund” Q2 2026 investor letter. A copy of the letter can be downloaded here. In the quarter, global equities rebounded sharply, with the MSCI ACWI posting its strongest quarterly gain since 2020, supported by broad market strength, easing geopolitical tensions, and continued enthusiasm for […]

Stocks mostly flat with focus on US inflation
AFP12d agoneutral
Stocks mostly flat with focus on US inflation

Stock markets were little changed Monday, holding near record highs amid thin summer volumes, as investors awaited inflation data this week for more clues to the interest-rate outlook for the US economy.The AI sector that has recently underpinned the US stock market is increasingly reliant on debt to fund its massive investments, and would be penalised by higher interest rates, she added.

Palantir (PLTR) Turning AI Demand into Profitable Growth
Insider Monkey12d agoneutral
Palantir (PLTR) Turning AI Demand into Profitable Growth

Sands Capital, an investment management company, released its “Sands Capital Technology Innovators Fund” Q2 2026 investor letter. A copy of the letter can be downloaded here. In the quarter, global equities rebounded sharply, with the MSCI ACWI posting its strongest quarterly gain since 2020, supported by broad market strength, easing geopolitical tensions, and continued enthusiasm for […]