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Cornelis, an Intel spinout developing networking technology aimed at data centers, ‌on Tuesday said that its chips are now being ‌used by a U.S. supercomputer used for nuclear weapons work. Under the National Nuclear ​Security Administration, a trio of U.S. national labs works to develop and maintain the nation's nuclear weapons with extremely accurate computer simulations of nuclear reactions, one of the most demanding tasks in the ‌entire computing industry. Lawrence ⁠Livermore National Laboratory said Tuesday that it has tapped Cornelis chips to connect 952 computers in ⁠its new "Lynx" system.

Accenture plc will release earnings for its third quarter before the opening bell on Thursday, June 18. Analysts expect the company to report quarterly earnings of $3.71 per share, up from $3.49 per share in the year-ago period. The consensus...

Quantinuum's arrival on the stock market is separating quantum computing's contenders from its pretenders.

The data-analytics company is pushing further into AI applications for general work as it aims to carve out a place in the artificial-intelligence world.

GateMaker was founded in 2021 by Ashton Wall and Amelia Soohoo and has worked with brands such as Amika, Estee Lauder Companies, Glossier, LG, L'Occitane en Provence, Milk Makeup, NARS, NEST, Pacifica, Rag & Bone, Reebok, Starbucks, and more.

Several high-profile IPOs are boosting investment banking stocks.

Markets are pausing after the S&P 500's best 3-day stretch in over a year, while SpaceX stock eyes a pass of Amazon by market cap

Investing.com -- Rackspace Technology (NASDAQ:RXT) shares rose 30% Tuesday after the company signed a definitive agreement with AMD (NASDAQ:AMD) for the phased deployment of 30 MW of AMD-based AI compute infrastructure.

(Bloomberg) -- Jensen Huang may see Marvell Technology Inc. as the stock market’s “next trillion-dollar company,” but it’s going to take a lot of growth for the chipmaker to even sniff that lofty level. Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds With Allies Over How Easy It

US equity markets were tracking in the green before the open Tuesday as traders await the Federal Re

Ding, dong and morning, folks Wall Street looks set to catch its breath on Tuesday after a record-setting run, as the giddy reaction to peace with Iran gives way to harder questions about oil and the Federal Reserve. Dow futures ticked up 0.1% after Monday's all-time closing high, with the...

Mobileye Global said on Tuesday it would launch its ‌own robotaxi service in the United ‌States next year, putting the self-driving technology supplier in ​direct competition with some of the very customers it serves. Increasing investment ⁠in driverless technology is ramping up competition as companies pursue greater ⁠control over deployment and revenue, reshaping partnerships across the autonomous vehicle sector. Mobileye plans ​to deploy ​about 100 vehicles ​in a major U.S. ‌city starting in 2027, with ambitions to scale the fleet to roughly 17,000 over the next five years.

Robinhood Markets will lay off about 10% of its workforce, representing roughly 290 jobs, aiming to cut costs and work more efficiently.

The acquisition aims to address escalating data centre memory bottlenecks driven by AI and cloud workloads.

(Bloomberg) -- Patrick Drahi was running out of options to save his debt-ridden telecom empire.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds With Allies Over How Easy It Is to Reopen HormuzCreditors had closed ranks under a cooperation pact, making it difficult for Optimum Comm

Verizon is aiming to attract customers by offering simpler plans, dropping activation and upgrade fees and unveiling a ‌new loyalty program offering discounts and perks. The U.S. company is aggressively ‌competing with AT&T and T-Mobile in the saturated U.S. telecoms market, where network providers have extended device ​subsidies, added plan discounts and increased network infrastructure spending. Verizon said its new program will offer customers 3% back on bills from July that can be used toward new phones or at consumer brands like Sephora, Hilton, Marriott and Starbucks.

Memory and storage chip companies surged on Monday, June 15, after the United States and Iran announced a peace agreement that will reopen the Strait of Hormuz. The rally didn't come about because the AI trade suddenly changed; it came about because the single biggest threat to it just got removed. ...

Retail investors have wasted no time jumping aboard the SpaceX rocketship.

Retail investors have wasted no time jumping aboard the SpaceX rocketship.

(Bloomberg) -- With the recent crackdown on Anthropic, the Trump administration has given global leaders another reason to panic about their place in the technology race.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds With Allies Over How Easy It Is to Reopen HormuzOn Friday, the

(Bloomberg) -- The transit of empty ships through the Strait of Hormuz into the energy-rich Persian Gulf is being eagerly watched by the market, which would indicate increasing confidence in the outlook for a sustained peace deal.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds Wi

SpaceX signs $60B all-stock deal to acquire Cursor (Anysphere). Will this AI coding powerhouse merger boosts SPCX & aerospace AI innovation?

Elon Musk's SpaceX said on Tuesday it would acquire Anysphere, the software firm behind the popular AI coding agent Cursor, ‌for $60 billion, in a bid to ramp up its presence in the ‌enterprise AI market. The announcement comes just days after Musk took his rockets-to-AI company public in a blockbuster ​Nasdaq debut that valued the firm at more than $2 trillion and immediately made it one of the world's most valuable companies. SpaceX said it expects the merger to close during the third quarter of 2026.

June 16 (Reuters) - U.S. stock index futures were subdued on Tuesday as investors switched focus to the first interest rate decision under new Federal Reserve Chairman Kevin Warsh, while SpaceX

June S&P 500 E-Mini futures (ESM26) are down -0.01%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.01% this morning, taking a breather after a three-day rally, while investors turn their attention to the first Federal Reserve meeting under Kevin Warsh.

Pricing discipline will matter more than policy growth.

Four of the world's major central banks — the US Fed, the Bank of England, the Bank of Japan, and the Reserve Bank of Australia — will all set rates this week.

SpaceX's market debut turned into a record retail buying event.

PARIS, June 16 () - The French domestic intelligence agency DGSI has decided to terminate its contract with the U. tech firm Palantir in ‌favour of a French rival, ChapsVision, Prime Minister Sebastien Lecornu said ‌on Tuesday.

SpaceX (NASDAQ:SPCX) shares continued their remarkable advance in premarket trading on Tuesday, building on strong gains from their first two sessions as a public company and pushing the aerospace group toward a market capitalization of nearly $3 trillion. The rocket and satellite operator completed the largest initial public offering in history last week, ending its first day of trading on Friday with a valuation of approximately $2.