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Editor’s Note: This story has been updated to include a comment from an Amazon.com spokesperson On Monday, New York City Mayor Zohran Mamdani (D) backed legislation to strengthen protections for delivery workers, but Amazon.com, Inc. says the proposal could put...
SpaceX has come roaring back from its August low and is testing its $150 opening trade.
More than 500 people have lost jobs at FedEx, Staples and LAZ Parking; two facilities in Palm Springs and Victorville will close.
Every AI server rack requires high-speed copper, fiber and power interconnects, and Amphenol makes essentially all of it.
Robinhood co-founder Baiju Bhatt explains to Yahoo Finance Executive Editor Brian Sozzi his $275 million plan for Cowboy Space Corporation to build its own rockets and launch AI-powering data centers into space by 2028.
Wall Street is picking established chains over the growth stars.
Business services providers play a critical role for enterprises, assisting them with everything from new hardware integrations to consulting and marketing. These firms have helped their customers unlock huge efficiencies, so it’s no surprise the industry has posted a 20.5% gain over the past six months, beating the S&P 500 by 8.8 percentage points.
Rigetti faces a long and uncertain path toward scaling its quantum computing systems.
Musk says SpaceX short-sellers have "very low" survival odds, but the company's first quarterly report tells a complicated story.
“The company expects Decker to return within the next few months,” it said in a statement that also explained that two executives—Ann-Marie Campbell, senior executive vice president, and Richard McPhail, CFO—will share leadership duties on an interim basis.
Each stock in this article is trading near its 52-week high. These elevated prices usually indicate some degree of investor confidence, business improvements, or favorable market conditions.
<body><p>STORY: From Nvidia's deal with Wall Street giants... to China's AI weather forecasting</p><p>This is AI Weekly.</p><p>:: AI Weekly</p><p>Nvidia has partnered with six major financial institutions to launch compute financing platforms.</p><p>They are aimed at raising over $500 billion in third-party capital for AI infrastructure.</p><p>Nvidia CEO Jensen Huang said on X the company has the option to backstop up to $125 billion, or 25% of the potential deals.</p><p>The move highlights how surging demand for AI computing capacity is drawing institutional investors.</p><p>South Korea will launch a $3.5 billion semiconductor fund targeting promising chip materials, parts, equipment and fabless companies.</p><p>Seoul says it seeks to accelerate plans for new chip manufacturing hubs across the country.</p><p>Under the plan, Samsung Electronics, SK Hynix, suppliers and local governments are expected to invest more than $576 billion in new chip manufacturing projects.</p><p>A French press association has asked the country's competition watchdog to take action against Google's AI-generated article summaries.</p><p>The trade group says they deprive newspapers and magazines of readers.</p><p>The group has called on the regulator to make a decision similar to one ordered against Meta.</p><p>To put forward a payment plan and resume talks with traditional media seeking fees for the use of their content by AI tools.</p><p>China is emerging as a leading player in the race to improve weather prediction through AI.</p><p>Meteorologists used a new generation of AI weather models alongside traditional forecasting systems as they tracked Typhoon Dolphin's path.</p><p>Researchers say they can generate forecasts much faster than conventional systems while matching or surpassing them on some measures of accuracy.</p></body>
Before Peter Thiel became a billionaire investor, PayPal co-founder and one of Silicon Valley’s most influential contrarians, he was reportedly a socially awkward child who faced years of bullying. Peter Thiel’s Childhood Was Marked By Bullying According to journalist Max...
Morningstar analysts, however, said Nebius’ high valuation may hold, but a slowdown in AI spending could hinder its ability to attract new capital and sustain growth.
SpaceX stock was rising in Thursday’s premarket after surging almost 10% the previous session after CEO Elon Musk told employees “We must win in AI because the future is overwhelmingly AI and robots.” On that theme, the company launched Grok 4.6, the latest version of its artificial intelligence assistant to rival OpenAI’s ChatGPT and Athropic’s Claude. In a post on his X social-media platform Musk described the latest iteration as “Smart, fast & amazing bang for buck.”
Business services providers use their specialized expertise to help enterprises streamline operations and cut costs. These firms have helped their customers unlock huge efficiencies, so it’s no surprise the industry has posted a 20.5% gain over the past six months, beating the S&P 500 by 8.8 percentage points.
A series of structural issues are slowly eroding the value of the XRP cryptocurrency.
CleanSpark CFO Gary Vecchiarelli says the skills gap between recent graduates and experienced finance professionals is real, but there is an opportunity to close it.
A jump in South Korean stocks drove emerging-market equities higher on Thursday as the revival in the global AI trade pushed Seoul’s Kospi index into a technical bull market.
U. S. stock futures moved modestly higher on Thursday as investors looked ahead to another important inflation reading while assessing a fresh round of technology earnings.
After investors voted to endorse AVB’s acquisition of EQR, the REITs expect to close the mammoth transaction in August.
Gilead Sciences (GILD) is back in focus after announcing a collaboration with Nucleai that applies AI powered tissue analytics to its antibody drug conjugate programs, with the goal of speeding biomarker discovery across its oncology pipeline. See our latest analysis for Gilead Sciences. At a share price of $135.87, Gilead Sciences has posted an 11.74% year to date share price return and a 16.04% total shareholder return over the past year. Longer term total shareholder returns are above 90%...
Coinbase Global (NasdaqGS: COIN) faces heightened regulatory scrutiny as the New York City Council opens an investigation and the New York Attorney General pursues lawsuits into the company's activities in a key US market. At the same time, Coinbase Global is expanding into tokenized securities through a new regulated hub in Abu Dhabi that aims to support digital securities activity and strengthen its presence in the UAE. These developments combine a rising legal and compliance burden in the...
Charles Schwab (NYSE:SCHW) faces ongoing litigation from Linqto over an alleged contractual breakdown tied to bankruptcy trust management affecting more than 13,000 customers. Linqto is seeking damages it claims stem from Schwab's role in the disputed trust arrangements during Linqto's bankruptcy process. The dispute centers on alleged contractual breaches that Linqto argues caused substantial harm to impacted customer accounts. The case is drawing attention because of potential reputational...
Target (TGT) is back in focus for investors after fresh product news in its food aisles. The retailer just introduced its first Good & Gather cookbook and new branded frosting offerings in stores. See our latest analysis for Target. For context, Target's recent food and AI announcements come on top of strong price momentum, with a 30 day share price return of 14.27% and a year to date share price return of 53.22%, while the 5 year total shareholder return is still down 27.31%. If Target's...
Nike stock is in a tricky spot for valuation right now. The Discounted Cash Flow (DCF) intrinsic value estimate lines up close to the current price, while a weak long term share price record and a low overall value score suggest the stock is not a clear bargain. Over the past 5 years, Nike shareholders have seen the stock fall about 73.9%, which raises the bar for any case that the current price already reflects business challenges. Nike's push to refresh its product line and athlete roster,...