Moby summary of Stanley Black & Decker, Inc.'s Q2 2026 earnings call
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Nvidia (NVDA) is no longer willing to only sell the gear behind the artificial intelligence revolution. The chipmaker has taken a stake in Safe Superintelligence, the secretive AI lab set up by ex-OpenAI chief scientist Ilya Sutskever, in a long-term strategic relationship disclosed July 27. Nvidia ...
The company reported a 557% annual increase in operating income in the second quarter.
Two trading sessions reached opposite conclusions about the same report. One of them had the better argument.
A single capital spending number from Microsoft could either rescue a $700 billion AI trade from its worst selloff in months or confirm that the boom is finally running out of steam. Every chipmaker on five continents is watching.
SoFi crushed revenue estimates and raised its top-line outlook, yet shares cratered 10% anyway as sellers zeroed in on one number management refused to budge on.
The Tim Cook era was a highly profitable one for Apple shareholders.
Flex (NASDAQ:FLEX) reported first-quarter fiscal 2027 results that included 21% revenue growth, expanding margins and record adjusted earnings per share, while management said the company remains on track to separate its Cloud and Power Infrastructure business into an independent company in the firs
Shares of Bloom Energy (NYSE:BE) advanced 11% to $185.85 in early Wednesday trading after the fuel cell maker delivered a blowout Q2 2026 earnings beat and raised full-year guidance. The move flipped Tuesday’s pre-earnings selloff, when Bloom Energy shares fell 13% amid short-seller pressure from Hunterbrook. However, BE stock soon retreated to $173.29, up 4% ... Bloom Energy Soars 11% on Record $1.07B Q2 Revenue, Raised 2026 Guidance
First-half revenue passed 100 trillion won for the first time
Qualcomm said on Wednesday it has signed a long-term deal to supply chips for German luxury automaker BMW's future digital cockpit and advanced driver-assistance systems through the next decade. The agreement comes as competition intensifies in the automated driving market, with Nvidia and Mobileye Global also aiming to supply chips and software platforms to automakers. • The deal includes Qualcomm's Snapdragon Digital Chassis solutions, including cockpit processors, automated driving chips and AI accelerators, which the companies said would establish the hardware basis for BMW's AI-led platforms.
Eliyan, a startup that aims to ease the bottlenecks in transferring data between AI chips in data centers, said on Wednesday it had raised $145 million in venture funding at a $1 billion valuation. Cisco Systems, Lumentum and an early investor in networking pioneer Mellanox before its sale to Nvidia backed the raising, according to Santa Clara, California-based Eliyan. The startup is developing technology aimed at the growing list of companies that are developing their own custom AI computing chips to compete with graphics processing units from Nvidia and Advanced Micro Devices.
Investing.com -- Capital Economics told clients in a note Wednesday that the recent selloff in AI-linked tech giants is being driven by fear rather than hard evidence, and it expects the rally to resume, at least for now.
Chip design startup ChipAgents expanded its Series A financing with a $60 million infusion to further fund its plans to speed up semiconductor design through the use of AI agents, its chief executive said. ChipAgents builds software that harnesses so-called AI agents - programs capable of making decisions and executing complex tasks with little or no human oversight - to make the complex, lengthy process of chip design faster and more automated. ChipAgents sees the largest speedup in design with the company's software that is designed to help verify a chip will function as intended, CEO William Wang told Reuters in an interview.
By Amanda Cooper July 29 (Reuters) - Shares in companies driving the AI boom have been under pressure for weeks.
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Hard economic data, not proactive guesswork, drive Federal Open Market Committee (FOMC) policy decisions.
SpaceX's growth vision remains entirely intact.
Qualcomm will report its fiscal third-quarter results on Wednesday afternoon as it seeks to diversify away from mobile phones.
Avis delivered some key cost improvements but faced macro headwinds in the second quarter.
Jensen Huang had never posted on X before July 24. His first post on the platform wasn't about chips or Nvidia's earnings or the next GPU architecture. It was a letter. An open letter signed by more than 20 tech companies, including Nvidia, Microsoft, Meta, Google, OpenAI, Hugging Face, Mistral, ...
Apple's market cap briefly hit $5 trillion before Thursday's earnings, testing Tim Cook's final report as CEO.
Central banks are good at fighting inflation they can recognize. The trouble starts when the price pressure arrives from somewhere the playbook never anticipated. For most of the past four years, the Federal Reserve has sorted rising prices into two bins. Demand inflation happens when people have ...