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22,441 signal articles · 89 in last 24h · 107,749 total before filter · latest 23m ago
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Bloomberg2d agobullish
Petrobras Profit Tops Estimates on Iran War-Driven Oil Rally

(Bloomberg) -- Brazilian oil producer Petrobras outperformed expectations after supply disruptions stemming from the US-Iran conflict lifted second-quarter prices for crude, gasoline and diesel.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanWhy Do Data Centers Use So Much Fresh Water?Google AI Veterans Depart During Seismic Leadership ShiftIshbia’s Mortgage Firm Suffers Record Drop on Dividend HaltTrump Made Calls to Warsh in Latest Sign of Bid to Influence FedTh

The Virginian-Pilot2d agoneutral
Spanberger intervenes in case to decide fate of Dominion-NextEra merger

Gov. Abigail Spanberger announced Thursday that she will formally become a party in the case before the State Corporation Commission that is weighing whether to allow a proposed merger between Dominion Energy and Florida-based NextEra. By intervening — requesting to become a formal party in the case — the governor’s office would be able to ask discovery questions, file expert testimony, put ...

Nvidia dominates AI chips, but BofA sees AMD closing in
TheStreet2d agoneutral
Nvidia dominates AI chips, but BofA sees AMD closing in

Twenty years ago, Advanced Micro Devices Inc. (AMD) spent the better part of a decade selling processors into a market Intel dominated, waiting for the moment Intel could not keep pace with demand on its own. That moment eventually arrived, and AMD converted patience into real share of the server ...

Reuters2d agobullish
Akamai beats quarterly estimates on cloud infrastructure demand

Akamai Technologies beat analysts' estimates for the second ‌quarter on Thursday, supported ‌by steady demand across its security and ​cloud infrastructure services portfolios, sending its shares up 10.5% in extended trading. The company recorded cloud infrastructure services ‌revenue of $99 million, ⁠up 39% over the year earlier. Here are some details: • ⁠The cybersecurity and cloud computing company's customers include Adobe, eBay and ​Electronic Arts, ​as well ​as the U.S. ‌defense and labor departments.

Cloudflare raises annual outlook above market estimates on AI-driven demand
Reuters2d agoneutral
Cloudflare raises annual outlook above market estimates on AI-driven demand

Cloudflare raised its full-year revenue forecast above Wall Street expectations after strong ‌quarterly results, betting that the rapid rise ‌of AI agents will keep driving traffic across its network, sending ​its shares up 18% after the bell. The race to build and scale AI agents has led more businesses to rely on Cloudflare's network to safely route ‌traffic and run ⁠those tools, boosting demand for its cloud and security products. Here are more details: • ⁠Cloudflare raised its annual revenue forecast to a range of $2.86 billion to $2.87 billion, from $2.805 billion to $2.813 billion ​previously, and ​above analysts' average estimate ​of $2.81 billion, according to ‌LSEG-compiled data.

Mastercard (MA) vs. Visa (V): Stablecoins or AI Fraud Defense?
Insider Monkey2d agoneutral
Mastercard (MA) vs. Visa (V): Stablecoins or AI Fraud Defense?

On August 3, Mastercard (NYSE:MA) announced that it had completed its acquisition of BVNK, a deal meant to connect its card network with the stablecoins and tokenized assets that are increasingly moving money across borders. Chief product officer Jorn Lambert framed it as a bet on a “multi-money world,” where fiat currency, stablecoins and tokenized […]

Bernstein says Circle investors are focusing on wrong risks
TheStreet2d agoneutral
Bernstein says Circle investors are focusing on wrong risks

Research and brokerage firm Bernstein says that investors worried about the Circle Internet Group (NYSE: CRCL) are fixating on the wrong concerns, and that the stablecoin issuer's latest results make the case against the skeptics. In a note to clients on Aug. 6, analysts led by Gautam Chhugani ...