On August 5-6, 2026, the joint venture between SpaceX, Tesla, and Intel was formalized in Grimes County, Texas, following the signing of a JETI tax abatement agreement and a $10 million non-refundable payment. The project, centered at the former Gibbons Creek coal-fired power plant site, marks a definitive step toward the construction of what Elon […]
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September S&P 500 E-Mini futures (ESU26) are up +0.25%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.55% this morning, rebounding from yesterday’s losses, while investors await the key U.S. jobs report for fresh clues on the Federal Reserve’s policy path.
The project includes a 150MW/750MWh battery energy storage system capable of storing energy for five hours.
The project includes a 150MW/750MWh battery energy storage system capable of storing energy for five hours.
The competitive risk posed by satellite providers such as Starlink has been overstated, according to T-Mobile (NASDAQ:TMUS) Chief Executive Srini Gopalan, who argued that traditional mobile operators remain well positioned to meet consumers’ connectivity needs. Speaking in an interview with the Financial Times, Gopalan questioned the role satellite-based mobile services are expected to play and suggested that telecom companies should remain focused on offering products that clearly address custo
As data centers strain the grid and hyperscalers race to secure reliable electricity, utilities with nuclear and renewable assets are moving from sleepy dividend plays to essential AI infrastructure stocks.
Style Box ETF report for VUG
Style Box ETF report for VBR
Style Box ETF report for IWN
Amazon's cloud services business grew revenue by 37% in the quarter and increased operating income by a whopping 63%.
Trade Desk stock slumped 28% in premarket trading after the advertising technology company reported second-quarter revenue that fell short of expectations. The company reported adjusted earnings of 34 cents a share and revenue of $715 million, up 3% from a year ago. Analysts tracked by FactSet expected adjusted earnings of 18 cents a share and revenue of $752.6 million.
The company said the new drinks range “marks the company's official entry into the lifestyle nutrition category”.
Despite reaching the milestone, the agency has still yet to launch a capability to process finally liquidated entries as a Department of Justice appeal lingers.
Nokia Oyj (NYSE:NOK) is back in focus after launching what it calls the first commercial AI-RAN platform for mobile networks, alongside new AI-powered network collaborations with Nvidia and Dell aimed at future 6G connectivity. See our latest analysis for Nokia Oyj. Despite the AI-RAN announcement and new partnerships, Nokia Oyj’s share price has been volatile, with a 7 day share price return of 3.74% but a 30 day decline of 20.42%, while the 1 year total shareholder return of 132.55% and 3...
Rackspace Technology (NasdaqGS:RXT) appoints Pranav Nambiar as Senior Vice President and General Manager to lead its AI Infrastructure business. Nambiar brings experience from roles at AWS, DigitalOcean, Google, and Microsoft focused on cloud and AI platforms. The hire signals Rackspace Technology's push into sovereign and compliant AI offerings for enterprise clients. The move comes as demand grows for governed AI environments that meet regulatory and data residency requirements. For...
Palo Alto Networks, Fortinet, and Okta have been highlighted in this Industry Outlook article.
In early August 2026, Cheniere Energy reported Q2 revenue of US$5,732 million and net income of US$3,068 million, raised full‑year 2026 earnings and LNG production guidance, and detailed continued share repurchases alongside an affirmed quarterly dividend of US$0.555 per share. Beyond the headline beat on earnings and revenue, Cheniere’s guidance increase and progress on Corpus Christi and Sabine Pass expansion projects highlight how higher expected output is being backed by tangible...
What DraftKings’ Latest Earnings Miss Means For Investors DraftKings (DKNG) set the tone for its stock with second quarter 2026 results that missed earnings and revenue expectations, included a swing from profit to loss, yet kept full year revenue guidance unchanged. The company reported Q2 sales of US$1.44b, compared with US$1.51b in the same period last year, and moved from net income of US$157.94 million to a net loss of US$67.61 million. Basic and diluted earnings per share from...
Aug 7 (Reuters) - U.S. equity funds recorded outflows in the week to August 5 as some investors cashed in gains after a record-setting market rally and awaited Friday's July jobs report, a key input
AI agents might be the next big group of "users" to onboard to crypto.
The ‘Big Short’ investor is still bearish on AI as most tech companies’ big capex estimates don’t pay off.
Meta Platforms Inc (NASDAQ:META) has been ordered by a New Mexico court to pay $567 million into a dedicated fund supporting initiatives to address harm experienced by young users, in one of the most significant legal decisions to date involving child safety and social media platforms. The decision was issued by Judge Bryan Biedscheid of the First Judicial District Court in Santa Fe following a jury verdict delivered in March that concluded Meta had breached New Mexico’s consumer protection laws
Visa, Mastercard, PayPal, Fidelity and WEX have been highlighted in this Industry Outlook article.
Bitcoin could reclaim the $100,000 price level by the end of the year.
There's a high-quality dividend ETF building an equally strong investment case.
(Bloomberg) -- The US’s decision to sell euros to support Japan’s currency without warning European policymakers is adding to geopolitical risks and further dimming the appeal of longer-maturity government bonds, according to BlackRock Inc. Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIran Says Agreement on Hormuz Shipping Reached With OmanTrump Administration Considers Order on Autism and V
Red Cat (NASDAQ:RCAT) reported second-quarter 2026 revenue of $20.2 million, up 520% from $3.2 million a year earlier, as deliveries across its drone portfolio and defense programs increased. The company said revenue for the first six months of 2026 reached $35.7 million, compared with $4.8 million
By Lewis Krauskopf NEW YORK, Aug 7 (Reuters) - A sharp technology-led rally that has lifted the U.S. stock market to record peaks will be tested next week by fresh inflation data, which could build
(Bloomberg) -- When Michael Ham first began handing out samples of his company’s tea to Whole Foods shoppers in 2024, explaining that it was grown using regenerative farming on South Korea’s Jeju Island, he was often met with blank stares.Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIran Says Agreement on Hormuz Shipping Reached With OmanTrump Administration Considers Order on Autism and Vac