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By Ashwin Manikandan, Jaspreet Kalra and Haripriya Suresh MUMBAI, June 25 (Reuters) - Kunal Shah, an Indian fintech founder with no engineering degree or Silicon Valley pedigree, has spent two decades
Meta Platforms, Inc. (NASDAQ:META) is one of the Most Promising AI Stocks to Buy and Hold for the Next 2 Years. On June 19, Reuters, while citing Bloomberg News, highlighted that Meta Platforms, Inc. (NASDAQ:META) secured new agreements to get AI computing power from Crusoe (data center developer). This comes as the company focuses on strengthening the infrastructure […]
June 25 (Reuters) - Nasdaq futures jumped 2% on Thursday after upbeat forecasts from chipmakers Micron and Qualcomm pointed to strong demand for artificial intelligence infrastructure, lifting
Corning (NYSE:GLW) has signed a major multiyear fiber optics supply agreement with Amazon. The deal ties Corning directly to U.S. data center expansion and AI infrastructure buildout. Corning is also working with companies such as Nvidia and Meta and ramping manufacturing capacity for optical products. For investors watching Corning, the new Amazon agreement comes alongside a sharp move in the stock. NYSE:GLW last closed at $205.83 and is up 17.3% over the past week, 6.1% over the past...
Shares were mostly higher Thursday in Asia, led by tech-driven gains in Japan and South Korea as major computer chipmakers’ stocks surged following upbeat earnings reports from U.S. giants like Qualcomm and Micron Technology. Oil prices fell more than $1, bringing them closer to where they were before the war with Iran started. Qualcomm’s share price surged 12% in afterhours trading after the company announced it had raised its forecast for revenue this year to $40 billion from $22 billion.
Shares of latin American e-commerce and fintech company MercadoLibre (NASDAQ:MELI) jumped 5.4% in the afternoon session after strong Prime Day sales data and falling Treasury yields boosted sentiment for digital platforms.
Shares of on-demand food delivery service DoorDash (NASDAQ:DASH) jumped 5.6% in the afternoon session after strong Prime Day sales data and falling Treasury yields boosted sentiment for digital platforms.
A number of stocks jumped in the afternoon session after strong Prime Day sales data and falling Treasury yields boosted sentiment for digital platforms.
Shares of social commerce platform Pinterest (NYSE: PINS) jumped 1.9% in the afternoon session after strong Prime Day sales data and falling Treasury yields boosted sentiment for digital platforms.
A number of stocks jumped in the afternoon session after strong Prime Day sales data and falling Treasury yields boosted sentiment for digital platforms.
Shares of ride sharing service Lyft (NASDAQ: LYFT) jumped 5.4% in the afternoon session after strong Prime Day sales data and falling Treasury yields boosted sentiment for digital platforms.
A number of stocks jumped in the afternoon session after strong Prime Day sales data and falling Treasury yields boosted sentiment for digital platforms.
A number of stocks jumped in the afternoon session after strong Prime Day sales data and falling Treasury yields boosted sentiment for digital platforms.
Qualcomm, Applied Materials and Lam Research were among the top after-hours gainers on Wednesday, buoyed higher by a surge in AI chip stocks.
Qualcomm’s investor day highlighted a major shift toward AI, with a new Meta partnership and strong long-term revenue targets across its core businesses.
By Jamie McGeever ORLANDO, Florida, June 24 (Reuters) - U.S. bond yields tumbled on Wednesday as oil's slide to a four-month low eased inflation fears, although the relief wasn't felt as much in
Scott Melker breaks down the Chicago Board Options Exchange (CBOE) move into prediction markets and what it means for the rapidly growing space. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.
Investing.com - Qualcomm Incorporated (NASDAQ:QCOM) unveiled its Dragonfly C1000 data center CPU and secured Meta Platforms as its first major customer on Wednesday, announcing a strategic multi-generation supply agreement at its Investor Day 2026 in New York City. Despite the milestone announcements, Qualcomm shares are trading at $193.61, down 5.15% on the session, as investors weigh the near-term cost of a separate ~$4 billion acquisition against data center revenue that won’t arrive until th
Shares of financial services company Robinhood (NASDAQ:HOOD) fell 2.7% in the morning session after reports revealed Meta Platforms is developing a competing prediction markets app.
SpaceX's market cap is in the same trillion-dollar-plus range as those tech giants, but does it have similar strengths to them as a business?
Qualcomm is increasing its line of AI data center products as it looks to grow its share of the market.
We recently published David Tepper Stock Portfolio: 10 Long-Term Stock Picks. Meta Platforms, Inc. (NASDAQ:META) is one of the long-term stock picks. Social media giant Meta Platforms, Inc. (NASDAQ:META) is another long-term David Tepper stock pick. It first appeared in his hedge fund’s holdings in the first quarter of 2014. It remained in the holdings […]
Diving into two cheap (trading for under $25 a share) grand slam next-generation nuclear energy stocks to buy. X-Energy and Nano Nuclear's average Zacks price targets imply 90% upside from their current levels.
Qualcomm is expected to use its investor day on Wednesday to lay out a push beyond its core smartphone business into the fast-growing, but highly competitive, market for AI data center chips. Analysts expect the San Diego-based company to name new customers for its AI chips as it tries to gain a foothold in a market dominated by Nvidia. The shift reflects mounting pressure in the smartphone market, where Qualcomm is one of the world’s largest chip suppliers to Android device makers.
Philippe Laffont went on CNBC this morning with a framework that skips the usual bitcoin-versus-gold debate and lands somewhere more concrete. “Is there going to be a $10 trillion company in 10 to 15 years? I think yes,” the Coatue Management founder said, walking through the arithmetic. Global market cap sits near $120 to $140 ... Billionaire Philippe Laffont Says a $10 Trillion Company Is Coming and Agentic AI Is the ‘Big Bang Moment’
The race to power AI is increasingly a race to secure megawatts, and a CNBC segment by Seema Mody put a sharp spotlight on the company sitting at the chokepoint: GE Vernova (NYSE:GEV). GE Vernova is the power-equipment business spun off from General Electric in April of 2024. According to the report, gas turbine prices ... AI Data Centers Are Driving a Power Supercycle. GE Vernova’s Gas Turbine Prices Are Up 300% in Three Years
Baird Investment Strategist Ross Mayfield recently appeared on CNBC to push back against the prevailing narrative that the memory cycle has been permanently rewired by AI demand, framing the bull case for Micron Technology (NASDAQ:MU) as a position-management problem rather than a definite outcome. His warning comes on a charged day, with Micron reporting fiscal Q3 2026 earnings tonight, June ... Baird Strategist Warns Memory Chip Boom Won’t Last. Margins Will Compress as Hyperscalers Seek Alter