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Morgan Stanley sends blunt SpaceX message to investors
TheStreet7d agoneutral
Morgan Stanley sends blunt SpaceX message to investors

More than 900 million SpaceX shares became eligible for sale on August 6. At midday prices, that tranche was worth around $101 billion. Investors had spent weeks bracing for the unlock, watching the stock slide in anticipation. The selloff they feared never came. SpaceX (SPCX) rose nearly 3% on ...

Nvidia, Wall Street Firms Strike AI Financing Deal Targeting $500 Billion
The Wall Street Journal7d agoneutral
Nvidia, Wall Street Firms Strike AI Financing Deal Targeting $500 Billion

Nvidia reached a deal with some of Wall Street’s largest firms to help raise $500 billion to fund the AI infrastructure build-out. Apollo Global Management Blackstone BlackRock Brookfield Asset Management Goldman Sachs and KKR agreed to help Nvidia assemble financing in a deal that could be announced as soon as Monday, people familiar with the matter said. Spending commitments on data centers and other AI infrastructure have reached eye-popping levels, and Wall Street’s banks and investment firms have been rushing to finance the boom in increasingly creative ways.

One quiet Apple update could matter more than it looks
TheStreet7d agoneutral
One quiet Apple update could matter more than it looks

For much of the last two years, Apple (AAPL) has been attempting to convince investors that artificial intelligence will be the next big motivation for people to update their gadgets. But one of its most recent efforts in AI is not aimed against Silicon Valley or even the U.S. It’s happening in ...

Gold.com Q2 Earnings Call Highlights
MarketBeat7d agoneutral
Gold.com Q2 Earnings Call Highlights

Gold.com (NYSE:GOLD) reported second-quarter 2026 gold production above guidance, improved quarterly output and continued progress on major growth projects, while outlining an agreement with Newmont intended to reshape their Nevada joint venture and support a planned North American IPO. President a

Bloomberg7d agoneutral
CEOs Pushed White House to Delay Ultra-Processed Food Definition

(Bloomberg) -- Food company executives intervened in recent weeks to persuade the Trump administration not to release a proposed definition of ultra-processed food, according to people familiar with the discussions.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIStocks Wobble on Hormuz Standoff as Nvidia Sinks: Markets WrapIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Trump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaGameS

Bloomberg7d agoneutral
Nvidia to Team With Wall Street on $500 Billion Package, FT Says

(Bloomberg) -- A group of US investment giants are partnering with Nvidia Corp. on $500 billion in funding for AI infrastructure projects, the Financial Times reported.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIStocks Wobble on Hormuz Standoff as Nvidia Sinks: Markets WrapIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Trump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaGameStop’s Ryan Cohen Weighs Pulling $56 Billion EBa

GameStop's Cohen Said to Weigh Pulling $56 Billion EBay Bid
Bloomberg7d agoneutralVIDEO
GameStop's Cohen Said to Weigh Pulling $56 Billion EBay Bid

GameStop, led by Chief Executive Officer Ryan Cohen, is considering withdrawing its $56 billion bid for eBay Inc., according to people familiar with the matter. Bloomberg's Bailey Lipshultz joins to discuss this as well as how Switch filed confidentially for a US IPO, joining its data center peers in tapping demand for exposure to the artificial intelligence theme.

Nvidia, Wall Street firms partner on $500 billion AI financing venture, source says
Reuters7d agoneutral
Nvidia, Wall Street firms partner on $500 billion AI financing venture, source says

A group of financial firms, including Apollo ‌Global and Blackstone, is working with Nvidia ‌to put together a $500 billion funding package for AI infrastructure ​development, a person familiar with the matter told Reuters on Monday. Nvidia's shares fell over 3% in afternoon trading. The tie-up highlights Nvidia's efforts to raise capital ‌for the chips, ⁠power generation and data centers underpinning the AI boom.

Strategy stock slides after $108M sale
TheStreet7d agoneutral
Strategy stock slides after $108M sale

Michael Saylor's Strategy (Nasdaq: MSTR) slipped 0.46% to $99.20 at Monday's open after disclosing it sold another $108.6 million worth of Bitcoin. Strategy sold 1,690 Bitcoin (BTC) between Aug. 3 and Aug. 9 at an average price of $64,262, according to an Aug. 10 filing with the US Securities and ...

Microsoft to Boost AI Chip Production, Information Says
Bloomberg7d agoneutralVIDEO
Microsoft to Boost AI Chip Production, Information Says

Microsoft is planning to "significantly" increase production of its next-generation AI chips, the Information reported. Bloomberg's Anurag Rana joins Bloomberg Intelligence to discuss this as well as how Apple is considering an overhaul to its smartwatch lineup in light of the industry's transition to screen-free devices and other new form factors.

Bloomberg7d agoneutral
Hot-Flash Drug Trial Result Sends AbCellera Up as Much as 41%

(Bloomberg) -- Biotech company AbCellera Biologics Inc. jumped as much as 41%, giving it a market value of almost $3 billion, after it said a potential remedy for hot flashes was effective in a mid-stage trial.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Stocks Churn as Oil Advance Boosts Treasury Yields: Markets WrapTrump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaBehind B

Boeing to divest tech ventures for stake in air-taxi startup
AFP7d agoneutral
Boeing to divest tech ventures for stake in air-taxi startup

Boeing announced an agreement Monday to divest its air taxi and two other technology ventures to Archer Aviation for a stake in the startup.In its May earnings release, Archer said it had completed the "phase three" of the Federal Aviation Administration's four-phase certification process for its Midnight air taxi vehicle.

Embraer-Empresa Brasileira de Aeronautica Q2 Earnings Call Highlights
MarketBeat7d agoneutral
Embraer-Empresa Brasileira de Aeronautica Q2 Earnings Call Highlights

Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) said its second-quarter 2026 revenue was the highest for a second quarter in the company’s history, supported by higher aircraft deliveries, growth across its business units and continued expansion of its backlog. President and CEO Francisco Gom

Sharplink Gaming Q2 Earnings Call Highlights
MarketBeat7d agoneutral
Sharplink Gaming Q2 Earnings Call Highlights

SharpLink Gaming (NASDAQ:SBET) reported a wider second-quarter net loss as unrealized losses and impairment charges tied to its Ethereum holdings outweighed growing revenue from staking and yield-generating strategies. The company, which has positioned its corporate treasury around Ethereum, report