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Apple (AAPL) Seeks Injunction In AI Trade Secret Lawsuit
Simply Wall St.36d agobearish
Apple (AAPL) Seeks Injunction In AI Trade Secret Lawsuit

Apple (NasdaqGS:AAPL) has filed a lawsuit against OpenAI alleging misappropriation of confidential AI and hardware technology trade secrets. The complaint seeks a preliminary injunction that Apple says is needed to prevent irreparable harm to its core AI and device development work. The case could bring internal details of Apple's AI research, product security practices, and development processes into public view. Legal and competitive risks around AI intellectual property are back in focus...

D-Wave Quantum (QBTS) Published A Two Qubit Quantum Gate In Nature
Simply Wall St.36d agoneutral
D-Wave Quantum (QBTS) Published A Two Qubit Quantum Gate In Nature

D-Wave Quantum (NasdaqGS: QBTS) reported a breakthrough two-qubit entangling gate published in Nature, marking a key advance toward practical gate-model quantum computing. The new gate is designed to be fast and high fidelity with built-in error detection, targeting more hardware-efficient and scalable quantum error correction. D-Wave presents this result as a milestone in its roadmap toward fault-tolerant quantum systems that aim to support larger, more reliable quantum programs. Readers...

Lyft Is Transforming Into a Global Brand, CEO Says
Bloomberg36d agoneutralVIDEO
Lyft Is Transforming Into a Global Brand, CEO Says

Lyft CEO David Risher discusses the company's growth compared to Waymo, its plans to expand internationally and where Lyft is focused internally. He speaks with Ed Ludlow on "Bloomberg Tech."

Portman Ridge Finance Q2 Earnings Call Highlights
MarketBeat36d agoneutral
Portman Ridge Finance Q2 Earnings Call Highlights

BCP Investment Corporation reported second-quarter results marked by lower net asset value, continued deleveraging and an improvement in its non-accrual portfolio. Management also detailed a post-quarter-end amendment and expansion of its KeyBank credit facility, which was used to repay and terminat

Palantir CEO drops 11-word bombshell for stock market investors
TheStreet36d agobearish
Palantir CEO drops 11-word bombshell for stock market investors

Software stocks have had a rough year. The fear driving them down is real: AI agents are getting good enough to automate tasks that enterprise software used to handle, and investors have been cutting valuations across the board. The debate has been running all year with no clear answer. On Aug. 3, ...

AMD Will Become a $1 Trillion Company By This Date
24/7 Wall St.36d agoneutral
AMD Will Become a $1 Trillion Company By This Date

AMD just doubled its Data Center revenue and guided for 41% growth, yet the stock slipped and sits nearly $500 below a price target that would make it a trillion-dollar company. The timeline to get there hinges on three things that all need to break right.

Dollar drops, stocks climb as weak US jobs data eases rate fears
AFP36d agobearish
Dollar drops, stocks climb as weak US jobs data eases rate fears

The dollar fell sharply Friday after the US economy shed thousands of jobs in July, an economic blow that lowered the risk of an interest rate hike by the Federal Reserve that could slow growth in the world's biggest economy.Combined with steep downward revisions to US jobs readings in May and June, the data is "likely to revive concerns among Fed officials about the health of the labour market and make them less inclined to commit to near-term tightening", said Thomas Ryan, an economist at Capi

Atlassian earnings beat drives 30% stock surge
Proactive36d agobullish
Atlassian earnings beat drives 30% stock surge

Atlassian (NASDAQ:TEAM) shares jumped more than 30% on Friday after the software maker posted fourth-quarter revenue and cloud growth that topped analyst estimates and issued a stronger-than-expected cloud revenue outlook for fiscal 2027. Revenue for the quarter came in at $1.8 billion, up...

So Much for Those End-of-Lockup SpaceX Fears
The Wall Street Journal36d agoneutral
So Much for Those End-of-Lockup SpaceX Fears

SpaceX insiders don't appear to be cashing in in a big way—at least not yet. The rocket maker's shares recently catapulted 12% higher, extending Thursday's gains to claw back a post-earnings selloff and then some.