
Record $20.5B quarterly sales driven by data center demand and a $72B backlog.
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Record $20.5B quarterly sales driven by data center demand and a $72B backlog.

Open-source software has been one of tech’s biggest-ever success stories. No surprise, then, that developers of open-weight AI models try to borrow some open-source sunshine. Meta Platforms chief Mark Zuckerberg on Monday became the latest tech executive to draw an equivalence between the two, calling open-weight models “open source AI” in a 6,500-word essay posted by the company.
Oil prices bounced around in choppy trading and stock markets were little changed Tuesday as investors awaited a key inflation report and weighed progress on re-opening the Strait of Hormuz. "But rising crude oil prices... and further delays in reopening the Strait of Hormuz, have introduced fresh inflation risks."
Okta (OKTA) could deliver about 2 percentage points of upside to the midpoint of its fiscal Q2 2027
Investing.com -- The Trump administration removed restrictions on TikTok use on federal government devices Monday after determining the social media app no longer presents a national security threat following the transfer of its US operations to American investors.
AI startup Manus said on Tuesday it will resume operating as an independent company and some user data will be deleted as part of its separation from U.S. tech giant Meta. • "As part of our transition back to independent operations and to comply with regulatory requirements in specific jurisdictions, data generated by certain users on/after December 29, 2025" will be deleted later this month, Manus said in a statement. • Affected users will be notified through the Manus app and by email and will be able to back up their data, the company said.

Investor demand for humanoid robots just shattered records that SpaceX, Snowflake, and Facebook never came close to touching. Here are the five publicly traded robotics stocks best positioned to capture that fever before it cools.
Hims & Hers Health raised its 2026 revenue outlook to between $3.1 billion and $3.3 billion from its earlier guidance between $2.8 billion and $3 billion.
Two newly public quantum computing companies are about to report earnings. Their results will test the appetite for the budding technology that has captivated some corners of Wall Street.
Plug Power stock jumped after beating earnings estimates.

Riot is scaling its data center push with a 191 MW AI lease, AMD buildout and Corsicana LOI, backed by project debt and $1.2B in liquidity.
The stock market was on the road to nowhere on Tuesday. The Dow Jones Industrial Average and S&P 500 were flat. The Nasdaq Composite was down slightly. The S&P hit a fresh closing high on Friday and ran out of gas.
Rackspace Technology (NASDAQ:RXT) reported second-quarter revenue of $670 million, up 1% from a year earlier, as the company outlined an expanded enterprise AI infrastructure strategy built around managed compute, inference and sovereign AI deployments. Chief Executive Officer Gajen Kandiah said th
Lightwave Logic (NASDAQ:LWLG) said its second-quarter efforts focused on advancing its electro-optic polymer technology from development toward commercialization, with the company expanding its number of Stage 3 customer programs to five and expecting wafer deliveries from two foundry programs in Au
Terrestrial Energy (NASDAQ:IMSR) reported second-quarter progress across its engineering, regulatory, supply-chain and commercial-development programs, while outlining updated unit economics for its IMSR small modular reactor plant design. Chief Executive Officer Simon Irish said the company contin
Revenue grew 19% as AI-powered ad tools drove conversions and subscriptions surged 85%.
The defense contractor said itis making a multimillion-dollar investment to develop a modular system for delivering different payloads on hypersonic weapons, as the U.S. military seeks to accelerate development of the technology.
Treasury yields lose some of their overnight momentum but remain elevated as rising oil prices rekindle inflation fears. The U.S.-Iran standoff shows no signs of abating and Brent crude approaches $90 a barrel.
The July Consumer Price Index lands Wednesday at 8:30 a.m. ET, and traders are hoping a soft number can reignite momentum in high-beta names like Palantir Technologies Inc. (NASDAQ:PLTR) and Tesla Inc. (NASDAQ:TSLA). Cato Institute economist Jai Kedia doubts it....

CoreWeave (CRWV) is set to report quarterly earnings this week. Yahoo Finance Senior Reporter Brooke DiPalma discusses more in the video above.
AI data center revenue surges as manufacturing utilization climbs to 83%.
After closing hundreds of locations in recent years, a pharmacy giant is continuing to shrink its retail footprint, with more stores disappearing from communities across the U.S. The latest closures come as the chain works to reshape its business and focus on locations it believes have a stronger ...
Revenue hit $997 million with 22% growth; Adjusted EBITDA surged 54% year over year.
We don't expect much movement either direction until inflation reports begin to hit the tape Wednesday morning.
Investing.com -- Baird upgraded First Solar to Outperform from Neutral in a note Tuesday, telling investors a tariff decision removes a key overhang and clears the way for new bookings to resume.
Elbit Systems (NASDAQ:ESLT) reported higher second-quarter revenue, profit and cash flow for 2026, supported by increased demand across Europe, Israel, the U.S. and Asia-Pacific. The defense contractor said its backlog reached a record $32 billion as it continued to add orders from international cus
eToro Group (NASDAQ:ETOR) reported higher second-quarter net contribution and adjusted EBITDA as customer activity shifted toward equities, while the trading and investing platform also announced plans to acquire U.S. broker-dealer TradeZero. Net contribution rose 9% year over year to $229 million
Electrovaya (NASDAQ:ELVA) reported third-quarter fiscal 2026 revenue of $17.7 million, up from $17.1 million a year earlier, while highlighting a recently announced commercial agreement with Amazon, the launch of its ElvaPulse stationary energy-storage system and progress toward opening its Jamestow
Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) reported second-quarter results alongside updates on construction of its Phase 1 industrial gas and carbon management project in Montana, saying commercial operations remain targeted for March 2027. President and Chief Executive Officer Ryan Smith
CAVA Group Inc. (NYSE:CAVA) reports second-quarter earnings after the bell today, with the call at 5 p.m. ET. Analysts expect earnings of about 18 cents per share, up from 16 cents in the year-ago period, on revenue of roughly $360...
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