Nano Nuclear Energy on Tuesday announced the acquisition of Secured Transportation Services LLC for $13 million.
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By Foo Yun Chee BRUSSELS, May 27 (Reuters) - European leaders are divided on how far to go in curbing Big Tech as they weigh momentous decisions over giving EU firms preferential access to mobile
European leaders are divided on how far to go in curbing Big Tech as they weigh momentous decisions over giving EU firms preferential access to mobile satellite spectrum and limiting large multinationals' access to EU cloud tenders. On Tuesday, Reuters reported Brussels was likely to leave an opening for Elon Musk's Starlink and Amazon's low-earth-orbit satellite business Leo to acquire lucrative European mobile satellite spectrum next year as a result of a compromise that will reserve the bulk of frequencies for European firms. A separate decision on EU cloud tenders set for June 3 is expected to temper the influence of U.S. firms such as Amazon, Alphabet's Google and Microsoft, which dominate the global cloud market with a combined 63% share.
Zscaler Inc (ZS) reports robust growth with a 25% increase in ARR and unveils strategic AI initiatives amid leadership changes and regional challenges.
In the EU alone, sales grew over 67%, a sign that Elon Musk’s EV maker continues to regain momentum in the region after a slump stretching more than a year.
In the EU alone, sales grew over 67%, a sign that Elon Musk’s EV maker continues to regain momentum in the region after a slump stretching more than a year.
Global satellite communications provider Viasat (NASDAQ:VSAT) will be reporting results this Thursday after market hours. Here’s what to look for.
Computer hardware and IT solutions company Dell (NYSE:DELL) will be reporting results this Thursday after the bell. Here’s what to look for.
The deal Samsung Electronics struck with its union averts a massive strike and gives its memory chip workers eye-popping bonuses. It also opens a Pandora's box for companies in South Korea - a country known for militant wage-bargaining. Unionised Samsung workers voted in favour of the government-mediated pact on Wednesday, marking the first big win for a Samsung union. More significantly, it is only the second time that a major South Korean company has agreed in writing to reward workers with a fixed percentage of operating profit.
Database platform company MongoDB (NASDAQ:MDB) will be announcing earnings results this Thursday afternoon. Here’s what you need to know.
Automation software company UiPath (NYSE:PATH) will be reporting earnings this Thursday afternoon. Here’s what to look for.
SK Hynix has become one of the world’s most valuable chip makers, joining an elite group of companies including Nvidia and TSMC.
May 26 (Reuters) - Goldman Sachs on Tuesday raised its year-end 2026 target for the S&P 500 index to 8,000, up from 7,600, citing stronger earnings expectations following an exceptionally robust first
Young adult apparel retailer American Eagle Outfitters (NYSE:AEO) will be reporting results this Thursday afternoon. Here’s what to look for.
Nvidia CEO Jensen Huang said on Wednesday that Taiwan is the "epicentre" of the AI revolution and the island will be the world's technology manufacturing hub for a long time to come. Huang was speaking at a launch celebration in Taipei for the chip company's planned Taiwan headquarters, which he said will break ground this year with plans to become operational in 2030.
The breakneck surge in memory-chip stocks is intensifying, sending the market capitalizations of SK Hynix and Micron Technology above $1 trillion for the first time, as investors bet the AI boom will lead to a sustained revaluation of the industry. Bloomberg's David Savage breaks down the trends.
The rocket and satellite company is heading for a record-setting debut, but its newly public financials tell a more complicated story.
In a brief post on China’s WeChat messaging platform, the world’s biggest EV maker BYD last June made a commitment with a big effect on its balance...
(Bloomberg) -- Former BP Plc Chairman Albert Manifold pushed back against what he described as a “false narrative” surrounding his surprise departure from the British supermajor. Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarPutin Signs Law on Use of Army to Aid Russians Detained AbroadRussia Tells US to Evacuate Its Diplomats and Citizens From KyivUS Strikes Targets in Iran Even as Trump Hails Progress on DealThese AI Gurus Are Charging Wall Street Bank
Moby summary of Ooma, Inc.'s Q1 2027 earnings call
SK Hynix topped $1 trillion in market value for the first time on Wednesday, joining its memory chip rivals Samsung Electronics and Micron Technology in reaching the milestone on an AI-driven rally. Shares of SK Hynix closed the session up 9.3%, after rising as much as 14.9% during the session to take the South Korean chipmaker's market value to a record 1,680 trillion won ($1.12 trillion) and propel the country's benchmark KOSPI index to a record high. Domestic rival Samsung surpassed $1 trillion in market value for the first time on May 6, while U.S.-listed Micron did so on Tuesday.
(Bloomberg) -- Fireworks AI, a startup that helps companies run artificial intelligence models, is in talks to raise a new round of funding that would value the company at $15 billion, according to people familiar with the matter.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarRussia Tells US to Evacuate Its Diplomats and Citizens From KyivPutin Signs Law on Use of Army to Aid Russians Detained AbroadUS Strikes Targets in Iran Even as Trump Hails Progress
By Stephen Nellis SAN FRANCISCO, May 26 (Reuters) - Apple and Alphabet's Google on Tuesday pushed to amend an online safety bill working its way through Canada's parliament to add judicial oversight
PRIVATE PROPERTIES THE DEAL: Cosmetics billionaire William P. Lauder has sold a Manhattan co-op for $21.25 million—a $3.7 million loss from when he bought it three years ago. THE BUYER: The buyers are financier David Rogers and Elizabeth Dexter, an interior designer, who own another co-op nearby, property records show.
Goldman Sachs is sounding the alarm on what it sees as a dangerous concentration in the artificial intelligence-driven stock market rally. In a May 15 report, Goldman Sachs strategist Ben Snider said the S&P 500 has climbed 10% this year, but the gains have become heavily concentrated in ...
Zscaler (NASDAQ:ZS) reported stronger-than-expected fiscal third-quarter results, with management highlighting growth in annual recurring revenue, record operating margin and rising demand for its zero-trust security platform as enterprises adopt artificial intelligence tools. Chairman and CEO Jay
Including, but not limited to, the company's anticipated future revenue, annual recurring revenue, net new annual recurring revenue, operating margin, gross margin, operating profit, net other income, earnings per share, and free cash flow margin, our customer response to our products, our expectations regarding AI and its impact on our business and customers, and our market share and market opportunity and our objectives and outlook. First, we hide applications and data behind our zero trust exchange making them invisible from the Internet.
Investing.com -- Elon Musk has discussed with colleagues the possibility of combining SpaceX with Tesla, according to a CNBC report on Tuesday.
Long before Micron Technology was one of the hottest commodities in the artificial-intelligence trade, it received $1 million from a potato tycoon named J.R. Simplot. Simplot, who died in 2008, invested in Boise, Idaho-based Micron in the early 1980s while it was still a nascent company in the computer-chip business. Micron on Tuesday crossed $1 trillion in market capitalization, the 12th U.S. company to reach that valuation and the first to be based in Idaho.
The headline numbers for Modine (MOD) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.