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(Bloomberg) -- CodeRabbit Inc., an artificial intelligence-powered code review service, has raised $143 million in a new funding round, tapping into demand for tools to spot flaws in AI-generated software programming. Most Read from BloombergPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DriveTrump Weighs Call for Capital Gains Tax Cuts as Midterm BoostTata Sons Chairman to Step Down, Deepening Leadership TurmoilFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AIPaki

As much of corporate America weighs AI costs against a dizzying array of AI models to choose from, AT&T already has a clear answer: It’s betting on open models specifically to manage those costs and keep control over the flow of its proprietary data. “You hear the stories of the ‘token apocalypse,’ and we’re not scared of the token future,” said AT&T Chief Data and AI Officer Andy Markus. While the company still uses closed, proprietary models today, it eventually wants open models to power 70% to 80% of its total AI usage.

(Bloomberg) -- Underlying US inflation was subdued in July, likely easing pressure on the Federal Reserve to raise interest rates.Most Read from BloombergPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DriveTrump Weighs Call for Capital Gains Tax Cuts as Midterm BoostTata Sons Chairman to Step Down, Deepening Leadership TurmoilFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AIPakistan Says Deal Is Close Even as Iran, US Harden StancesThe consumer price index, excludi

Super Micro Shares Rally on Big Earnings Beat and $72 Billion Revenue Target

(Updates with economic data, recent oil price movement, world markets' overview and corporate stock

The company guided to as much as $72 billion in fiscal 2027 sales

Nebius Stock Set for Wild Ride as AI Cloud Demand Drives 442% Revenue Growth

Dell Technologies (NYSE: DELL) and Hewlett Packard Enterprise (NYSE: HPE) are rising in sympathy ahead of the open, as investors treat SMCI’s results as a live demand barometer for the entire AI server hardware sector. When SMCI previously reported disappointing results, Dell shares fell in tandem — and the reverse dynamic is now playing out. DELL is up 2.6%, while HPE is up 2.2%.

(Bloomberg) -- Whoop Inc., the maker of popular screenless fitness trackers, plans to roughly double the size of its Boston headquarters, boosting a city struggling to grab a bigger piece of the artificial intelligence boom.Most Read from BloombergPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DriveTrump Weighs Call for Capital Gains Tax Cuts as Midterm BoostTata Sons Chairman to Step Down, Deepening Leadership TurmoilFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on

Nebius CEO Arkady Volozh stated that this quarter was when the market validated the company’s strategy.

Aerospace suppliers Applied Aerospace & Defense and Astronics reported earnings. One sank, the other soared.

Moby summary of United States Antimony Corporation's Q2 2026 earnings call

Moby summary of Firefly Aerospace Inc.'s Q2 2026 earnings call

Moby summary of Astronics Corporation's Q2 2026 earnings call

The defense spending supercycle has only just begun.

Investing.com -- Nebius Group N.V. (NASDAQ: NBIS) reported second-quarter results that exceeded revenue expectations, sending shares up 12% premarket as the AI cloud company demonstrated strong growth momentum.

Goldman Sachs ‌will acquire ‌exchange-traded funds provider ​NEOS Investments for as much as $2.25 ‌billion, ⁠the investment bank said ⁠on Wednesday. NEOS provides ​ETFs ​on ​systematic options-based ‌income, managing $30 billion in assets. The transaction is expected ‌to ​close ​in ​the first ‌quarter of 2027, ​Goldman ​said.

Nebius stock rose after the cloud computing specialist reported a smaller-than-expected Q2 loss while revenue edged by expectations.

BSV offers lower costs and higher yields for taxable investors, while VTES provides federal tax-free income for high-bracket earners seeking short-term bond exposure.

Lilly said the products being sold on the black market are unverified, unapproved, and not worth the risk.

Lumentum’s red-hot earnings revive the AI trade, this crypto platform is buying gold like a central bank, Quantinuum’s results, and more news to start your day.

The main US equity benchmarks were trending higher in Wednesday's premarket activity as traders awai

With CPI dropping at 8:30 AM and the Strait of Hormuz near shutdown, Wall Street faces a pivotal morning that could swing stocks sharply in either direction, and analysts at Deutsche Bank, Oppenheimer, Berenberg, and others are already repositioning ahead of the numbers.

US equity futures were edging higher pre-bell Wednesday as traders looked forward to the latest nati

Eli Lilly has filed six new lawsuits against U.S. entities that it alleges are selling a version of the company’s investigational weight-loss drug on the black market.

Nebius Group surpassed second-quarter revenue estimates on Wednesday as booming demand for AI infrastructure and cloud services ‌helped the company win larger contracts and raise prices for ‌computing capacity, sending its shares up 12% in premarket trading. The Amsterdam-based AI infrastructure firm ​reported total revenue of $582.3 million for the quarter ended June, compared with analysts' average estimate of $572.75 million, according to data compiled by LSEG. Revenue at its core AI cloud business, which accounted for about 98% of ‌group revenue, rose more than ⁠500%.

Investors might be unsure where to place their money this year. But some S&P 500 companies are churning out profit.

S&P 500 futures climbed 0.3% and Nasdaq 100 futures rose 0.7% before the morning's consumer price index release

SMCI stock surged in pre-market trade to levels not seen since late June.

The Mediterranean fast-casual chain also said sales are rebounding after a cyclospora outbreak briefly dented results