Jensen Huang says Marvell Technology could be the next chip firm to join the trillion-dollar club, predicting a surge in demand for AI hardware fueled by the emergence of autonomous models.
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The firm behind the Claude chatbot revealed on Monday it had filed paperwork for an expected 1.0 trillion US dollar IPO.
(Bloomberg) -- Goldman Sachs Group Inc. is working on a potential initial public offering of a Kuwaiti online beauty and fashion retailer, a deal that could mark the Wall Street bank’s first listing mandate in the Gulf nation as it seeks to expand there.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingUS Says Deals With Iran for Safe Hormuz T
The US Senate has returned from recess with the Digital Asset Clarity Act at the top of the legislative calendar, and the bill’s most consequential provision is not market structure-it is the explicit prohibition on the Federal Reserve issuing a retail Central Bank Digital Currency. That CBDC block, if enacted, ...
The new head of the Fed has a virtually impossible task of appeasing the president and Wall Street concerning interest rates.
Broadcom is set to be the final semiconductor giant to report earnings for the quarter, as a historic rally in chipmaker stocks shows little signs of abating. Investors will also watch Friday’s jobs report—one of the first major economic indicators that will inform the Federal Reserve under its new chairman, Kevin Warsh.
June 2 (Reuters) - European shares opened higher on Tuesday as strong forecasts from chipmaker STMicroelectronics lifted technology stocks, while investors awaited a key inflation report later in the
Yardeni expects strong retail demand for the AI-3 IPOs, noting that brokers have already begun inviting clients to participate in the SpaceX offering.
The chairman of South Korea's SK Group said on Tuesday its memory chip unit SK Hynix aims to double wafer capacity over the next five years. Chey Tae-won was speaking at the Computex conference in Taipei, where executives from some of the world's top technology companies, including Nvidia, are gathering. He added that he hopes his company can be a major high-bandwidth memory (HBM) supplier for Nvidia's Vera Rubin system.
(Bloomberg) -- Arm Holdings Plc may achieve its target of $15 billion in sales of its own chips earlier than anticipated, its chief executive officer said, reflecting stronger-than-projected demand from the AI boom.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAndrew Left Found
Real income growth has slowed to a pace "rarely seen outside of recession," Goldman Sachs warns — and Americans are only beginning to feel the squeeze.
Broadcom's custom chips and AI networking are winning market share in data centers.
STMicroelectronics raised the revenue target for its data centre business on Tuesday, citing continued strong demand tied to AI infrastructure and progress in expanding capacity. The Franco-Italian chipmaker now expects data centre revenue of about $1 billion in 2026, compared with its previous forecast for revenue "nicely above" $500 million. "Assuming the current dynamic continues and with the current engagements we have, revenues could double in 2027," STMicro said in a statement.
Enterprise AI software company C3.ai (NYSE:AI) will be announcing earnings results this Wednesday after market hours. Here’s what to expect.
Amazon.com will host its annual Prime Day sales event from June 23 to June 26 after launching the event in July for the past five years, citing major holidays and sporting events as factors in its decision. Prime Day is one of Amazon's biggest sales events of the year, and helped drive $24.1 billion in U.S. online spending in 2025 when it extended the event to four days from two, according to data from Adobe Analytics. The e-commerce company considers U.S. and global events, religious holidays and bank holidays when choosing the dates for Prime Day each year.
SpaceX may be impressive, but investors should also weigh the downside risk.
Cybersecurity platform provider CrowdStrike (NASDAQ:CRWD) will be reporting earnings this Wednesday afternoon. Here’s what to look for.
Credo Technology Group Holding Ltd (CRDO) reports a 206% revenue increase, driven by strong optical portfolio growth and strategic acquisitions, despite supply chain challenges.
Hewlett Packard Enterprise Co (HPE) reports a 40% revenue surge and a 108% increase in EPS, driven by robust performance in Cloud, AI, and Networking segments.
Palo Alto Networks reports earnings Tuesday as the cybersecurity company integrates CyberArk and positions itself to secure AI agents across enterprise networks.
Tesla influencer AleXandra Merz said that a 50/50 SpaceX-Tesla merger could revalue Tesla from $1.6 trillion to $2.05 trillion.
40% of nearly 1,000 major companies surveyed by Bain & Company found cost reductions from AI use of just 10% or less.
Taiwan President Lai Ching-te said on Tuesday that maintaining the political status quo is the most responsible thing the island can do to secure global supply chains as it hosts some of the world's leading technology leaders at an annual conference. Taiwan plays a pivotal role in the global artificial intelligence supply chain for companies including Nvidia and Apple, and its position is anchored by the world's largest contract chipmaker, TSMC. "As the world's need for AI grows, so too does its need for a Taiwan that is stable, trustworthy, and capable of shouldering responsibility," Lai said at the opening ceremony of Computex in Taipei, where leaders of some of the largest global technology companies are gathering.
Monday on Wall Street, U.S. stocks ticked to more records. The S&P 500 added 0.3% to close at 7,599.96 and the Dow Jones Industrial Average rose 0.1% to 51,078.88. The Nasdaq composite climbed 0.4% to 27,086.81.
(Bloomberg) -- Nvidia Corp. Chief Executive Officer Jensen Huang said he pays his workers as much as possible, weighing in on a growing global debate about how profits from the AI infrastructure boom should be shared.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAndrew Left Foun
The weekly grocery trip is no longer just a trip. Many shoppers are ordering groceries from their phones, using delivery for last-minute dinner ingredients, medicine, pet food, baby supplies, and household essentials that once required a quick run to the store. That shift has made delivery speed ...
Fast food has become more of a luxury for U.S. consumers in recent years, as menu prices have continued to climb amid inflation. The average restaurant menu prices increased by 31% between February 2020 and April 2025, according to Bureau of Labor Statistics data analyzed by the National ...
(Bloomberg) -- China is pitching itself as the global fulcrum for the next phase of artificial intelligence and a legion of robotics companies is lining up initial public offerings to test investor appetite.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionAlphabet to Raise $80 Billion in Equity for AI SpendingStocks Rise on Trump’s Iran Re
The New York-based alternative asset manager raised more than the $10 billion target for the Blackstone Capital Partners Asia III fund.
Tesla (TSLA) has developed one of the most important advantages in the electric vehicle (EV) industry over the years. The corporation doesn’t only move a lot of EVs. It has also been a benchmark for maximizing the driving range from every kilowatt-hour of battery capacity. It matters to drivers who ...