AI processors have gotten dramatically faster, but the memory feeding them has struggled to keep pace, creating a bottleneck that no GPU upgrade can fix. Two major chipmakers think they have found the missing piece of the puzzle.
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Stock futures were rising on Tuesday, putting the on the brink of a record high as tech extended its recent rebound. Palantir was the S&P 500’s best performer ahead of the opening bell, surging 16% after the data analytics software developer reported strong second-quarter earnings. CEO Alex Karp described the quarter as “otherworldly,” as U.S. commercial revenue rose 149% from a year ago.
Wall Street analysts recently projected that EOG Resources’ June 2026 quarter earnings per share would more than double year over year, with revenues expected to reach about US$7.95 billion on strong contributions from crude oil, natural gas liquids, and gathering, processing, and marketing. Beyond the headline growth, shifting analyst expectations and segment-by-segment optimism highlight how EOG’s diversified production mix is increasingly central to its earnings power. Next, we’ll examine...
Wix.com (WIX) delivered earnings and revenue surprises of +23.01% and +1.56%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Leidos (LDOS) delivered earnings and revenue surprises of +12.41% and +4.50%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
In late July and early August 2026, Emerson Electric expanded its industrial AI portfolio by launching the DeltaV Automation Platform for Data Centers, enhancing Nigel AI across NI’s software suite, and introducing Ovation AI Agents for power and water customers. Together, these offerings move Emerson further toward unified, AI-enabled automation that aims to simplify complex infrastructure control and build a foundation for more autonomous operations across data centers, test environments,...
XPeng stock has delivered a decline of about 71% over the past five years. Current checks send a mixed message as the Discounted Cash Flow (DCF) intrinsic value estimate points to a premium to the market price, while market multiples suggest the shares screen as cheap on some measures. Over the past five years XPeng has fallen roughly 70.8%, which means anyone looking at the stock today is weighing a long period of weak returns against the current price tag. Recent attention on XPeng’s...
Investing.com -- Bank of America has resumed coverage of SK Hynix with a Buy rating and a price target of W3,000,000 on the locally listed shares, arguing that the Korean chipmaker's dominance in high-bandwidth memory positions it for an operating profit super-cycle that Wall Street has yet to fully price in.
Once operational, the project is forecast to generate around $25m in revenue for McCurtain County in Oklahoma, US.
Mexican fast-food chain Chipotle (NYSE:CMG) met Wall Street’s revenue expectations in Q2 CY2026, with sales up 9.3% year on year to $3.35 billion. Its non-GAAP profit of $0.33 per share was 4% above analysts’ consensus estimates.
The retailer forged a private deal with its lenders to trade loans due in four to six years for shares of its Class A common stock.
Continuing to contribute to your investment accounts even when the market is declining usually leads to better performance outcomes.
Amazon.com Inc. shares rose 1.80% in Monday’s premarket after soaring more than 15% on Friday, putting founder Jeff Bezos on track for another multibillion-dollar increase in his net worth. Friday’s rally also added roughly $25 billion to Bezos’ fortune, helping...
NEW DELHI/MUMBAI, Aug 4 (Reuters) - India has moved a step closer to reintroducing merchant fees on transactions made through its popular Unified Payments Interface (UPI) after proposed changes to the
(Bloomberg) -- Volta Infra Holdings Ltd., a new artificial intelligence cloud company, has raised $300 million in venture funding and secured an additional $5 billion worth of financing to help a wider mix of technology companies gain access to costly AI chips. The funding, set to be announced Tuesday, values Volta at $2.4 billion, and was co-led by Andreessen Horowitz and Altimeter Capital. Nvidia Corp. and Michael Dell also participated. Azora, the asset-management firm providing the financing
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The nicotine pouch brand, which received marketing approval from the FDA for multiple varieties in late 2025, expanded to 120,000 stores nationwide.
The Golden Arches has been working to win back customers as Americans cut spending, especially lower-income consumers.
Global pharmaceutical company Merck (NYSE:MRK) announced better-than-expected revenue in Q2 CY2026, with sales up 5.1% year on year to $16.61 billion. The company expects the full year’s revenue to be around $66.8 billion, close to analysts’ estimates. Its non-GAAP loss of $0.13 per share was 49.5% above analysts’ consensus estimates.
Snap (SNAP) shares rose early Tuesday after the social media company reported better-than-expected s
NIKE has lagged behind the broader market over the past year, and analysts remain moderately bullish about the stock’s prospects.
In Bitcoin news today, Strategy (MSTR) has sold 1,638 BTC for approximately $105M, according to a recent 8-K filing with the SEC, marking six consecutive weeks without a single Bitcoin purchase and continuing a clear pivot away from the firm’s historic accumulation strategy. The sale is notable because Strategy has ...
The fast-food giant promoted the longtime executive to helm its biggest market, seeing an “opportunity to raise the bar in the U.S. and accelerate performance in our largest market.”
The well is located within Block GUA-OFF-O, approximately 42km from the shoreline in water depths of 1,251m.
Stock futures pointed to a strong opening Tuesday, a day after the Dow Jones Industrial Average set a new closing record, as Palantir led tech shares higher and oil prices fell further.
The HBF standard is designed to make it easier for AI systems using processors from different vendors to work together through a common memory architecture.