Amazon said on Monday it has signed a multi-billion-dollar deal with specialty glass maker Corning aimed at boosting U.S. production of optical fiber and connectivity products that are used in data centers. Amazon, however, did not disclose any further financial details on the partnership. Shares of Corning rose about 7% in early trading, as the partnership came as a fresh boost to the company's fast-growing fiber optics unit, at a time when weak consumer electronics demand has weighed on the segment that makes Gorilla glass.
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Cava CEO Brett Schulman goes one on one with Yahoo Finance executive editor Brian Sozzi.
"We are at the outset of the AI revolution," Huang said, framing last week's $1 trillion-plus wipeout in chip stocks as a near-term positioning event rather than a signal of structural weakness in AI demand.
Wall Street analysts began coverage of recent initial public offering stock Cerebras Systems on Monday with buy ratings.
Oracle stock sinks ahead of Q4 earnings on June 10. Options pricing suggests bearish sentiment on concerns about AI infrastructure capex.
Corning stock rallied on news of a major agreement with Amazon as part of the tech giant's data center expansion.
June 8 (Reuters) - Wall Street's main indexes opened higher on Monday, bouncing back from a sharp selloff in the prior session, aided by a recovery in chip stocks and signs of easing tensions in the
The deal targets KRAS-driven tumors, which J&J says have limited treatment options and survival measured in months
Gold fell to a fresh five-month low early on Monday, falling for a second day as oil prices rose aga
Investors must decide whether Meta's remarkable ad business outweighs its eye-watering AI spending.
The Roundhill Memory ETF (CBOE:DRAM) closed Friday, June 5, 2026 at $55.79, down 15% on the day from a prior close of $65.70. Over the two-day window from June 3 through June 5, the fund dropped 20%, going from $69.71 to that Friday close. If you had $10,000 in DRAM at Wednesday’s open, you had ... Guidance Miss Becomes a Bloodbath: DRAM’s 15% Implosion is At The Center
Alphabet's Google has placed an order with Intel to manufacture more than three million tensor processing units in 2028, The Information reported on Monday, citing people with direct knowledge of the discussions. Nvidia is also evaluating whether Intel's technology can be used to make a processor that combines four graphics chips into a single unit, although it has not placed an order with the company yet, the report said. Intel's shares rose more than 9% in early trading, set to add to the nearly 169% gain so far this year, on the back of signs of steady turnaround progress at the company since Lip-Bu Tan took the helm.
Investing.com -- Corning (NYSE:GLW) shares jumped 10% Monday after Amazon (NASDAQ:AMZN) announced a multiyear, multibillion-dollar agreement with the company to supply optical fiber, cable, and connectivity solutions for Amazon’s expanding data center infrastructure across the United States.
AVB will have positions largely focused on capital allocation, while Equity Residential executives will take operations and legal spots.
Investors cautiously return to bond markets, sending Treasury yields slightly lower and softening some of the selloff triggered by Friday's stronger-than-expected jobs report. The dollar follows a similar path.
Johnson & Johnson has agreed to buy biotechnology company Firefly Bio for $1 billion in cash in a deal that bolsters the drugmaker’s oncology pipeline.
Cerebras shares gained on Monday as multiple Wall Street firms initiated coverage with bullish calls after the quiet period, backing the chip designer's unconventional AI strategy more than three weeks after its strong debut. Shares of the company rose 5.5% in premarket trading, with at least nine brokerages — including IPO bookrunners Morgan Stanley, Citigroup, Barclays and UBS — initiating coverage of the stock. The California-based firm designs wafer-scale engine chips roughly the size of a dinner plate to speed up processing, challenging traditional GPU-based systems, like those of Nvidia, that rely on clusters of interconnected chips.
Ahead of June 12, investors will want to have their SpaceX IPO investing game plan ready.
The bank now expects the Fed's next two cuts to come in June and December 2027, after May jobs growth cleared forecasts by a wide margin
Oracle stock has bounced back from a steep slump but will face a big test with its fiscal Q4 results due on Wednesday.
Strategy, the bitcoin-accumulation firm founded by Michael Saylor, said Monday that it bought 1,550 bitcoin for about $101.3 million, according to a regulatory filing. Strategy bought the latest batch of bitcoin at an average price of $65,332 per coin.
Shares of the electric-vehicle maker were up 1.4% at $396.65 in premarket trading, while futures were up 0.4% and futures were down 0.1%. Investors are waiting to see if some investors will sell Tesla stock to buy SpaceX shares. Technical factors like that can create short-term price distortions.
Investing.com -- The technology sector's momentum unwind has further to run, with BTIG technical strategist Jonathan Krinsky warning of approximately 9%-10% additional downside risk for tech stocks and up to 14% more for semiconductors.
Gold extends losses as missile attacks, inflation worries, and higher rate bets pressure bullion.
FuelCell Energy stock has more than doubled in 2026 as the data-center buildout fuels demand for the company’s fuel cell power plants.
June 8 (Reuters) - Johnson & Johnson said on Monday it will acquire biotech Firefly Bio for $1 billion in cash, as it looks to expand its cancer drug pipeline.
Tesla retail sales in China grew 22% year-over-year in May, ending a two-month decline. Tesla stock rose modestly early Monday after diving last week.
Multiple brokerages initiated coverage on the stock with a bullish view, citing Cerebras’ first-mover advantage in the fast inference market.
SpaceX, OpenAI and Anthropic listings could reshape capital flows as new equity supply rises.