(Bloomberg) -- Sunrun Inc.’s stock jumped as much as 31% after the home solar provider announced it will partner with Tesla Inc. and Renew Home to provide power for data centers and utilities across the US.Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some Roles‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 100% Stock RallyStocks
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International Business Machines (IBM) picked up two separate catalysts within roughly a day this week, and only one came from a stock analyst. JPMorgan upgraded IBM (IBM) to Overweight on Tuesday and raised its price target to $291 from $270, a call built entirely on the company’s software ...
Heavily shorted Wendy's stock is soaring after gaining traction on Reddit. The rally suggest a short squeeze is in action.
Sunrun, Tesla, and Renew Home entered into an agreement to deliver more than 16 gigawatts of flexible energy capacity to hyperscalers and utilities.
A recent purchase of EQT Corp. by a member of the House Energy and Commerce Committee is drawing attention after the Nancy Pelosi Stock Tracker account noted the committee oversees the federal agency responsible for regulating natural gas pipelines. Pipeline Approvals In Focus The trade was made by Rep. Thomas Kean Jr. (R-N.J.), who serves on the House committee that has oversight of the Federal Energy Regulatory Commission (FERC). Don’t Miss: A single bad hire can set a startup back years. Here
I keep buying Coca-Cola while half of Wall Street treats every consumer staple like it has a fuse on it. The June panic over a softening jobs report, decelerating GDP growth, and credit card delinquencies spiking as U.S. consumer debt levels hit a generational breaking point has pushed momentum traders out of anything that touches ... Why I Can’t Stop Buying This 136-Year-Old Dividend King
The solar-energy company is partnering with home energy platform Renew Home and electric car maker Tesla to power data centers.
(Bloomberg) -- The meme-stock crowd is rallying behind another beaten up American icon — Wendy’s Co., the fast-food chain known for the Frosty, Dave’s Triple burger and the Biggie Deal.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short Bet‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 100% Stock RallyKorean Stocks Tumble 10% as
Retail investors flooded into Wendy's stock after the struggling chain named a new CFO, with short interest above 23% fueling squeeze speculation
Qualcomm said on Wednesday it would buy AI startup Modular for an undisclosed sum, as the chipmaker looks to diversify beyond its core smartphone business. The company was in advanced discussions to acquire Modular in a deal valuing it at about $4 billion, Bloomberg News reported on Monday. Buying Modular pits Qualcomm against CUDA, the software platform that has helped underpin Nvidia's AI dominance by tying millions of developers to the $5 trillion company's chips.
Qualcomm (NASDAQ:QCOM) is in discussions with China’s ByteDance about providing custom chip-design services, according to people familiar with the matter, as the U. S.
As part of the agreement, Asda will deploy Amazon Retail Ad Service across its online business.
South Korea's SK Hynix said on Wednesday it plans to raise up to $29.4 billion through a U.S. stock market listing in what would be a record secondary listing, as the Nvidia supplier seeks to capitalise on strong investor appetite for AI stocks. If completed at the top end, the offering would be the largest U.S. listing by a Korean firm and potentially the biggest ever via American Depositary Receipts, surpassing Alibaba's $25 billion 2014 debut. The planned listing reflects strong global appetite for AI-linked equities, even as volatility increases across U.S. tech and semiconductor markets.
(Bloomberg) -- Michael Saylor’s Bitcoin buying machine Strategy Inc. should stop purchasing the cryptocurrency if it wants to restore market confidence in its shares.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some Roles‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 100% Stock RallyKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsSpaceX Falls for Third Day, Erases $600 Billion
Micron’s fourth-quarter outlook will be closely watched. The red-hot memory stock needs a big number.
Slate Auto’s all-electric truck, priced in the mid-$20,000s, aims to prove that affordable cars can be both profitable and adored.
Samsung Electronics plans a share buyback programme worth 90 trillion won ($58.61 billion) after agreeing to give a bonus in stock to employees following recent wage talks, the Yonhap News Agency reported on Wednesday. The memory-chip maker will soon announce details on the plan, Yonhap said, citing unidentified industry sources. Management and union last month reached a pay deal under which Samsung is expected to set aside about 10.5% of its operating profit for special bonuses for the chip division in the form of stocks, sparking concerns over inequality at the company.
Chip maker said it expects to keep operating at a loss, highlighting the heavy costs of the AI buildout.
Tuesday’s 13% slides from Sandisk and Micron trimmed their 2026 gains to 727% and 269%, respectively.
Cerebras Systems beat Wall Street's sales target in its first quarterly report since the AI chipmaker went public in mid-May. But Cerebras stock slid.
Ryan Cohen, the billionaire CEO of GameStop, will not receive a potential performance award from the videogame retailer and plans to unveil more details about his bid to takeover eBay soon, the company said on Tuesday. GameStop unveiled a compensation package worth roughly $35 billion for Cohen in January, hinging on a turnaround that requires him to lift the struggling company's market value more than tenfold and sharply boost its profit. EBay rejected a $56 billion takeover bid from the much smaller GameStop in May, citing financing doubts and calling the proposal "neither credible nor attractive."
Strive Inc. Chief Executive Officer Matt Cole says this is a great time to buy Bitcoin as the price keeps falling. He says their Bitcoin holdings are up to 20,000 from 5,000 last fall. He speaks on "Bloomberg Crypto."
Two of the biggest U.S. investment banks see increasing risks tied to Federal Reserve rate forecasts, an uneasy peace agreement between the U.S. and Iran, and questions over the fate of the artificial intelligence investment wave—but remain bullish. Markets will tangle with resurgent inflation, AI capital expenditure concerns and a hawkish Fed over the next six months, the team said, but its broader earnings thesis is still likely to take the to around 7800 points by the end of the year.
AMD shares are up substantially after the company announced the acquisition of MEXT.
Retail giant is paying $1.4 billion for Vibe.co, a company that enables advertising through connected TVs.
Shares of Hut 8 (NASDAQ: HUT) tumbled in the pre-market session on June 22 but recovered lost ground after the morning bell. The stock fell about 7% to $112.50 after closing the prior day down 2.73% at $121.04. But at press time, the shares were trading 2.36% higher inraday and trading near ...
Target has increasingly leaned on exclusive launches and strategic partnerships to stand out in a retail market where consumers have more options and discretionary spending remains uneven. Over the past several years, the company has expanded beyond traditional private-label growth by introducing ...
(Bloomberg) -- Netflix Inc. will release its first original horror video game on June 30, as it looks to court gamers with a tried-and-true genre.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapSpaceX Falls for Third Day, Erases $600 Billion in Market ValueKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some Roles‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 100% Stock RallyIn U
Gold fell for a third session early on Tuesday as the dollar continued climb after the Federal Reser
Investing.com -- Morgan Stanley upgraded CDW Corporation to Overweight and raised price targets across several IT hardware names, arguing that enterprise server demand is proving far more resilient than expected as companies accelerate investments in AI infrastructure and data center modernization.