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Cloudflare second quarter results boosted by strong AI demand
Proactive38d agoneutral
Cloudflare second quarter results boosted by strong AI demand

Cloudflare (NYSE:NET) shares were set to open sharply higher on Friday after the cloud connectivity company reported second quarter results that topped analyst expectations and issued stronger-than-expected guidance for the current quarter. Shares of Cloudflare were indicated to open about...

The future of the NextEra-Dominion megadeal
Axios38d agoneutral
The future of the NextEra-Dominion megadeal

The profile of the proposed $67 billion merger between NextEra and Dominion just got even higher — and the path toward creating a new power giant just got even trickier.

5 Safest Dividend ETFs Retirees Can Buy in August and Hold Forever
24/7 Wall St.38d agobullish
5 Safest Dividend ETFs Retirees Can Buy in August and Hold Forever

Cash yields look attractive right now, but retirees who park everything there risk watching inflation quietly erode their purchasing power for decades. These five dividend ETFs offer a different path, though each one comes with a hidden trade-off most investors overlook.

Traders Scale Back Bets on Rate Hike
The Wall Street Journal38d agoneutral
Traders Scale Back Bets on Rate Hike

Friday’s weaker-than-expected jobs report has flipped the market-based odds of whether the Federal Reserve raises interest rate in September. Interest-rate futures now show a 56% chance that the Fed stays on hold at its next meeting and a 44% chance of a rate hike, according to CME Group data.

Can MU Stock Compound Its Way Higher?
Trefis38d agoneutral
Can MU Stock Compound Its Way Higher?

A company known for cyclicality is locking in its future. Micron has signed strategic agreements with customers that include take-or-pay commitments. These 14 contracts alone represent approximately $100 billion in cumulative revenue at a minimum price. This move attempts to build a floor under a historically volatile business.

Benzinga38d agoneutral
Elon Musk Says SpaceX Will Consume Three Times More Terafab AI Compute Than Tesla

Tesla Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk says that the new Terafab semiconductor manufacturing facility in Grimes County, Texas, will serve both the Optimus robot and SpaceX’s “AI spacecraft”. Elon Musk’s Approximate Guesses On Thursday, the Tesla Owners Silicon Valley handle on X shared a promotional video of the Terafab facility, saying that the site will “produce over 1 terawatt of AI compute capacity per year” and that it would be a crucia