News

Micron stock has stuttered in recent weeks but Mizuho's Vijay Rakesh is confident it will only be a blip.

Cardinal Health reports mixed quarterly performance across its business segments as earnings get a lift from one-time tariff refunds.

The 20-year lease covers 191 megawatts of computing capacity at Riot's Rockdale, Texas, campus and runs through June 2048

ABB has announced a strategic partnership and minority investment in LevelTen Energy, the largest clean energy marketplace worldwide. This partnership aims to enhance ABB's ability to support industrial and commercial customers in securing long-term, affordable clean energy, which is crucial to advancing the energy transition amid a complex grid environment. By integrating LevelTen's market-leading transaction platform with ABB’s expertise in electrification and energy management, the...

Plug Power is moving in the right direction, but profitability could still be challenging.

Jensen Huang just recruited six of the most powerful names in finance to solve the one problem threatening to put a ceiling on AI growth, and Nvidia is not spending a single dollar of its own money to do it.

A top Wall Street analyst slapped a Street-high price target on NXP Semiconductors just as the stock cratered 20% in a single month, and the gap between his conviction and the market's fear has rarely looked this wide in large-cap chips.

Retail investors dumped Intel shares the moment a massive stock offering hit the news, but the institutions behind the scenes reacted in a way that almost nobody saw coming.

Losses at the company behind Donald Trump's social media platform - Truth Social, have ballooned, new figures reveal. The $238m (£176.3m) net loss recorded by Trump Media and Technology Group in the quarter ending 30 June is more than ten times that of a year earlier. During the same period last year, the net loss was around $20m (£14.8m).The figures also show the company made a net loss of $644m for the first six months of 2026.

Transportation Secretary Sean Duffy says the FAA has hired more than 2,000 new air traffic controllers as the Trump administration’s push to recruit gamers helps accelerate hiring. Sean Duffy Calls Hiring Push ‘Game Changer’ On Sunday, Duffy took to the...

Major financial groups sign MoUs with Nvidia to finance global AI compute infrastructure, pending final agreements.

Roku just launched a streaming channel where AI generates every frame of programming and every ad, around the clock, at near-zero cost. Whether that sounds like a gimmick or the future of television depends on a trajectory that has already moved faster than anyone expected.

The MHRA is the first European regulator to give Foundayo a regulatory blessing, with the drug still under review by the EU.

This will establish BMS’ in-house manufacturing presence in Texas, adding to its ongoing outlicensing and research partnerships in the state.

The stock, up more than 7% this year, is down 5% since its second-quarter earnings report.

The telehealth company posted a net loss of $86.3 million in the second quarter while raising its full-year revenue outlook to $3.1–$3.3 billion

Morgan Stanley estimates Cursor could add $2.5 billion to SpaceX’s revenue in 2026 and $13 billion in 2027, according to Investing.com

Aug 11 (Reuters) - Hims & Hers Health's shares fell nearly 7% in premarket trading on Tuesday, as concerns over ‌shrinking profit margins overshadowed strong subscriber growth and a raised ‌annual revenue forecast. The company posted second-quarter revenue on Monday that topped expectations and added ​more than 300,000 subscribers.

Sony Group has agreed to form a joint venture with Taiwan Semiconductor Manufacturing Co. to produce next-generation image sensors for smartphones.

Korean retail investors lose billions as a $19 billion leveraged AI ETF bet unravels in the worst KOSPI crash since 2008.

Anthropic’s $965 billion IPO path rests on the aggressive, multi-layered industrialization of compute. The company has transformed access from a variable cost into a structural moat by diversifying hardware and energy supply across three continents through seven distinct funding mechanisms — effectively decoupling its growth from the supply-chain bottlenecks that throttle competitors tethered to single-cloud […]

Investing.com -- Sea Limited (NYSE:SE) reported second-quarter results that beat revenue expectations but fell short on earnings, with shares rising 5.9% premarket following the announcement.

Nvidia (NVDA) shares rose early Tuesday after the chipmaker said it partnered with six major financi

During an interview with CNBC, Morningstar analyst Phenix Lee highlighted geopolitical concerns as another area of concern for the world’s largest contract chipmaker.

Patrick Gerber, who has worked at McDonald’s for over 25 years, is tasked with improving restaurant operations and standards.

SpaceX stock was falling in Tuesday’s premarket after a 3-day winning streak that pushed it back above its offer price pre-IPO. The satellite telecommunications company’s figures missed expectations, but it maintained guidance—which seemed enough for Cantor to raise its price target on the stock. It is the major competitor to SpaceX’s Starlink in Direct-to-Cell (D2C) space broadband and reported revenue of $31.5 million—below the $35.18 million consensus, according to FactSet—while posting an adjusted loss per share of $0.77 versus the expected $0.26 loss.

Apple is approaching another iPhone launch with a $4.5 trillion market cap and nearly two decades of stock gains that have crushed the broader market at every turn. The question now is whether that compounding machine still has room to run or if the law of large numbers finally catches up.

<body><p>STORY: From Nvidia drumming up cash to four legged robots keeping homes safe.</p><p>This is Tech Weekly.&nbsp;</p><p>:: Tech Weekly</p><p>Nvidia said it's partnered with six major financial institutions to launch compute financing platforms...</p><p>aimed at raising over $500 billion in third-party capital for AI infrastructure.</p><p>Nvidia CEO Jensen Huang said on X that the company has the option to backstop up to $125 billion, or 25% of the potential deals.</p><p>The move highlights how surging demand for AI computing capacity is drawing institutional investors.</p><p>A U.S. appeals court allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok and Snap Inc's Snapchat.</p><p>It's over claims they designed their products to be addictive to young users.</p><p>A San Francisco-based court rejected an appeal by Meta and TikTok seeking to overturn a lower court ruling requiring them to face more than 3,000 lawsuits filed in federal court.</p><p>&nbsp;Eyewitness video captured the moment China’s Long March 7A rocket exploded after take-off in Hainan.</p><p>State news agency Xinhua said the cause was under investigation.</p><p>The failure could trigger checks of other Chinese launches if investigators identify a problem involving shared components, manufacturing or Wenchang launch operations.</p><p>And would you trust a robot dog to keep you safe at home?</p><p>"Hey this is Landon from Undaunted products. How can I help you today?"</p><p>Robotic dogs are replacing overnight security guards at several Atlanta apartment complexes, where property managers say the machines are helping deter crime and improve safety.</p><p>At 445 Cleveland Apartments, two four-legged robots patrol the property's roughly 200 units.</p><p>The robots, operated by Atlanta-based startup Undaunted, are remotely controlled by human operators.</p><p>They monitor live camera feeds and communicate directly with residents through onboard speakers.</p></body>

The appliance manufacturer aims to maintain continuity of supply by boosting spend with the semiconductor firm, an executive told Supply Chain Dive.

The platforms are to produce up to 240,000 barrels of oil and process 22 million cubic metres of gas daily.