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(Bloomberg) -- Micron Technology Inc. is the third-best performer in the S&P 500 Index this year and at the same time one of the least expensive stocks in the market. While that dichotomy looks bullish on the surface, it may be more of a warning sign than a green light for investors.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarEx-President Biden Sues to Stop DOJ Sharing Interview TapesTwo More Oil S

Snowflake also announced a new $60 billion, five-year deal with Amazon Web Services.

Marvell boosts FY27 and FY28 revenue targets as AI networking demand surges, spotlighting interconnect, switching and custom silicon momentum.

French artificial intelligence startup Mistral AI is expanding into advanced manufacturing, striking deals with new customers Airbus and BMW as it looks to so-called physical AI to fuel growth. Mistral is also announcing a new data centre in France. The CEO and co-founder Arthur Mensch spoke with Bloomberg's Tom Mackenzie from Paris.

(Bloomberg) -- Wiwynn Corp., one of the biggest makers of Nvidia Corp. servers, warned of shortages developing in vital data center components beyond just memory chips, potentially slowing or inflating the cost of a global AI infrastructure buildout.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarEx-President Biden Sues to Stop DOJ Sharing Interview TapesTwo More Oil Supertankers Exit Hormuz to Help Pu

Unfavorable rate hikes may be the necessary medicine to quell inflationary fears.

These companies' recent results collectively tell most of the market's overall story right now.

Investors will get more of a sense for how the American consumer is grappling with wartime inflation today. Earnings are due from retailers like Costco, Best Buy and Dollar Tree, and the personal-consumption expenditures index for April is scheduled for release.

Oil prices fell on a new report of progress in negotiations. Iran’s state broadcaster reported that a draft framework being negotiated with the U.S. includes restoring commercial shipping to prewar levels within a month. President Trump, speaking at a cabinet meeting, signaled that he was prepared to keep negotiating but didn’t exclude further military action.

Curt Garner, chief strategy and technology officer at the chain, explains how a “Summer of Extras” effort builds on and gamifies its rewards program.

Deere’s first quarter results outpaced Wall Street expectations on both revenue and profit, yet the market responded negatively, with shares declining sharply. Management attributed the quarter’s performance to strong demand in construction and small agriculture equipment, alongside positive impacts from one-time tariff refunds. However, elevated production costs and persistent margin headwinds, especially in the large agriculture segment, weighed on operating profitability. CFO Josh Beal emphas

Salesforce's Q1 fiscal 2027 call spotlights Agentforce, Slack and "Headless 360" as it lifts revenue guidance and defends a stronger second half.

Rocket Lab and AST SpaceMobile have surged as investors bet on the next phase of the space economy. But aerospace giants including Boeing, Airbus, and Lockheed Martin could also benefit from growing enthusiasm around SpaceX.

FedEx will spin off FedEx Freight as an independent company on June 1, and the new business will quickly join the S&P 500 index.

Early SpaceX investor Peter Diamandis reignited merger speculation by saying a Tesla-SpaceX merger is “not a matter of if but only a matter of when.”

The U.S. company now holds 36.83% of Delivery Hero’s voting rights, up from 25.1% previously, according to a regulatory disclosure on Wednesday.

By Julie Zhu and Anne Marie Roantree HONG KONG, May 28 (Reuters) - China's commitment to buy 200 Boeing jets during a recent visit by U.S.

Hi everyone! This is Cheng Ting-Fang, your #techAsia host this week, saying hello from sunny Taipei, the blazing-hot destination for global chip...

Chinese technology giant ByteDance is developing its own central processing units (CPUs) to support its growing AI infrastructure needs, three people familiar with the matter said, as surging chip prices and prolonged supply ‌shortages constrain its expansion plans. The move underscores the industry's rapid shift toward "inference," where AI models are deployed to perform agentic tasks ‌that demand more from CPUs, working in tandem with the graphics chips made by Nvidia that have dominated the AI boom. The shift has created a shortage of CPUs in recent ​months, and global hyperscalers including Alphabet's Google, Amazon and Microsoft are also developing their own custom CPUs to reduce costs and tailor performance to their specific workloads.

SIDU has quietly emerged as the sector’s standout underdog, remaining the only stock among the four still showing analyst upside.

PayPal users will be able to make cashless payments in China using QR codes through Tencent's WeChat Pay’s extensive merchant network, the Chinese technology giant says, in a move calibrated to attract more foreign tourists. Apart from social media and messaging, Tencent’s WeChat offers payment services called WeChat Pay, or Weixin Pay, in mainland China.

Nutanix Inc (NTNX) reports strong financial performance with $703 million in revenue, while addressing ongoing supply chain and geopolitical challenges.

Synopsys Inc (SNPS) reports robust Q2 2026 results, exceeding revenue and EPS guidance, while raising full-year forecasts amid strong market momentum and successful Ansys integration.

Marvell Technology Inc (MRVL) reports robust revenue growth and outlines strategic partnerships and acquisitions to drive future expansion.

Salesforce Inc (CRM) reports a 13% revenue increase and surpasses $1 billion in Agentforce ARR, while addressing challenges in marketing and commerce segments.

Snowflake Inc (SNOW) reports a 34% revenue surge and raises FY27 guidance, driven by strong AI product adoption and customer expansion.

How resilient will the economy be amid the current bout of inflation?

SpaceX may be counting down to its IPO, but some people are just too impatient to wait for liftoff. Just look at the share price of Intuitive Machines, which flew nearly 16% on Wednesday and is up more than 125% so far this year as the company transforms from a provider of niche lunar landing gear to an all-in-one infrastructure player at the dawn of a new space age. The Houston, Texas-based company went public via a SPAC merger back in 2023 and, almost exactly a year later, its unmanned lunar lander, Odysseus, gained the distinction of delivering the first American spacecraft to the moon’s surface since the Apollo program.

World shares declined Thursday following more of what the U.S. military said were defensive strikes against Iran. Oil prices gained more than $2 a barrel after having dropped sharply a day before. In early European trading, Germany's DAX was nearly unchanged at 25,175.63 and the CAC 40 in Paris lost 0.4% to 8,172.84.

Bill Ackman finally took the keys to Pershing Square public in April, and Wall Street is now beginning to weigh in on what that company is actually worth. Citi was the first major bank to argue it could be worth a lot more than the market currently thinks. On Tuesday, May 26, the firm initiated ...