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Andrew Left Found Guilty in Case That Spooked Short Sellers
Bloomberg90d agobearish
Andrew Left Found Guilty in Case That Spooked Short Sellers

(Bloomberg) -- Famed short seller Andrew Left faces the possibility of decades behind bars after being found guilty of using disingenuous social media posts to manipulate stocks, in a landmark case that threatens to chill a broader trading strategy loathed by corporate executives.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedCanada Dips Into Technical Recession for First Time Since 2020Berkshi

Taiwan president says keeping political status quo is key to securing supply chains
Reuters90d agoneutral
Taiwan president says keeping political status quo is key to securing supply chains

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.

Bloomberg90d agoneutral
Nvidia Boss Says Workers Should Be Paid ‘as Much as Possible’

(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

Walmart targets last-minute shoppers with delivery push
TheStreet90d agoneutral
Walmart targets last-minute shoppers with delivery push

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 ...

Chipotle revives generous offer for customers amid price hikes
TheStreet90d agoneutral
Chipotle revives generous offer for customers amid price hikes

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 ...

China Robotics Firms Line Up IPOs to Pitch Next Phase of AI
Bloomberg90d agoneutral
China Robotics Firms Line Up IPOs to Pitch Next Phase of AI

(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

Rivian just achieved something Tesla has long dominated
TheStreet90d agoneutral
Rivian just achieved something Tesla has long dominated

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 ...

Blue Origin launch pad repairs could take 'serious time', NASA chief tells CNBC
Reuters90d agoneutral
Blue Origin launch pad repairs could take 'serious time', NASA chief tells CNBC

Damage to a Blue Origin launch pad from the spectacular explosion of the company's giant New Glenn rocket ‌during a test firing of its engines last week will "take ‌some serious time" to repair, NASA Administrator Jared Isaacman told CNBC on Monday. The mishap came ⁠at a critical time for the Blue Origin rocket and Amazon satellite ventures of billionaire Jeff Bezos, who is seeking to compete on a more ​equal footing ​with Elon Musk's SpaceX, the world's ​leading private space launch service. Company ‌and industry sources said over the weekend that the explosion had left the launch pad "practically destroyed" and in need of repairs that engineers expect will disrupt operations for at least six months.

Eli Lilly scores a first in major pharma milestone
TheStreet90d agoneutral
Eli Lilly scores a first in major pharma milestone

Eli Lilly (LLY) just did something worth paying attention to. With CVS Caremark announcing coverage of both Zepbound and newly approved Foundayo starting this summer, all three of the largest U.S. pharmacy benefit managers now cover Lilly’s complete obesity medicine portfolio. That’s a clean sweep ...

Nvidia CEO says has capacity to supply robust CPU and GPU growth
Reuters90d agoneutral
Nvidia CEO says has capacity to supply robust CPU and GPU growth

Nvidia boss Jensen Huang said on ‌Tuesday the company has enough supply ‌to accommodate robust growth for central processing units (CPUs) as ​well as graphics processing units (GPUs) as it rides a boom in artificial intelligence. Chief Executive Huang was speaking at Nvidia's GTC ‌press conference during ⁠Computex week in Taipei, a day after the $5 trillion chip giant ⁠unveiled a new chip that processes AI capabilities directly. Nvidia's new chip, which will ​be launched ​in the fall, ​puts AI capabilities directly ‌into laptops and desktop computers, pitting it against the likes of Advanced Micro Devices, Intel and Apple.

Short Seller Andrew Left Found Guilty of Securities Fraud
Bloomberg90d agobearish
Short Seller Andrew Left Found Guilty of Securities Fraud

(Bloomberg) -- Andrew Left, one of the world’s most prominent short sellers, was found guilty of securities fraud by a federal jury after a landmark trial that scrutinized his use of social media to move the price of stocks.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 BillionStocks Rise on Trump’s Iran Remarks, AI Optimism: Markets WrapA Rare

Short Seller Andrew Left Found Guilty of Securities Fraud
Bloomberg90d agobearish
Short Seller Andrew Left Found Guilty of Securities Fraud

(Bloomberg) -- Andrew Left, one of the world’s most prominent short sellers, was found guilty of securities fraud by a federal jury after a landmark trial that scrutinized his use of social media to move the price of stocks.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 BillionStocks Rise on Trump’s Iran Remarks, AI Optimism: Markets WrapA Rare

5 foreign stocks that could beat the S&P 500
TheStreet90d agobullish
5 foreign stocks that could beat the S&P 500

Transcript: Caroline Woods:The S&P 500 to 8100. That's a bold call for my next guest. But while he still likes U.S. stocks, he says some of the biggest opportunities right now may actually be overseas. Joining me now with five international stock picks is James Demmert, founder and CIO at Main ...

Bloomberg90d agobearish
Bloom CEO Has No Plans to Sell Shares After AI Investor Run-up

(Bloomberg) -- Bloom Energy Corp., a supplier to Oracle Corp. that’s seen its stock price double in the past two months, doesn’t see a need to sell shares to meet surging demand from data centers, its chief executive officer says.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 BillionStocks Rise on Trump’s Iran Remarks, AI Optimism: Markets Wrap

Review Preview: Summer Loving
Barrons.com90d agoneutral
Review Preview: Summer Loving

The Dow Jones Industrial Average added 0.1% while the S&P 500 was up 0.3% and the Nasdaq Composite gained 0.4%. The tail end of a robust first-quarter earnings season, ongoing artificial intelligence strength, and inflation figures roughly in line with expectations were enough to push equities higher today—familiar trends that have helped push the Nasdaq to its best two-month stretch in decades.

Nvidia sends PC makers a message they can't ignore
TheStreet90d agoneutral
Nvidia sends PC makers a message they can't ignore

Nvidia (NVDA) believes the next battle will take place somewhere altogether different. At GTC Taipei, the firm unveiledRTX Spark, a new Windows platform designed for artificial intelligence agents. Rather than just helping users work faster, Nvidia envisions computers that can also reason through ...

Morgan Stanley resets Microsoft stock price target
TheStreet90d agoneutral
Morgan Stanley resets Microsoft stock price target

Big tech companies spend enormous sums of money all the time. They buy back stock, pay dividends, make acquisitions, and write checks that would make a defense contractor blush. Most of that spending is legible to investors. You can model it, forecast it, and plug it into a spreadsheet. But there ...

Hewlett Packard Enterprise Q2 Earnings Call Highlights
MarketBeat90d agoneutral
Hewlett Packard Enterprise Q2 Earnings Call Highlights

Hewlett Packard Enterprise (NYSE:HPE) reported what executives described as a record fiscal 2026 second quarter, with revenue and earnings exceeding the company’s outlook and management raising its full-year financial targets on stronger demand across networking, cloud and AI. President and Chief E

PBOC Currency Policy Guessing Game is Traders’ New AI Experiment
Bloomberg90d agoneutral
PBOC Currency Policy Guessing Game is Traders’ New AI Experiment

(Bloomberg) -- It’s been a source of intrigue and confusion among currency traders for years. Just how does China decide each day where it’s going to set its fixing rate for the yuan — a reference point that determines its permitted trading range for the next session?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 BillionStocks Rise on Trump’s I

AI Trade Gets a Fresh Boost—Heard on the Street Recap
The Wall Street Journal90d agoneutral
AI Trade Gets a Fresh Boost—Heard on the Street Recap

The AI ecosystem got another boost Monday. Anthropic’s surprise IPO filing and Nvidia’s move into the PC market proved good news for a host of tech names exposed to AI. Among them, ARM Holdings jumped nearly 16% on the belief that Nvidia’s entry into PCs will boost the market share of its basic chip designs that rival the x86 chips made by Intel and AMD.

Credo Technology Group Q4 Earnings Call Highlights
MarketBeat90d agoneutral
Credo Technology Group Q4 Earnings Call Highlights

Credo Technology Group (NASDAQ:CRDO) reported record fiscal fourth-quarter and full-year results, with management pointing to strong demand for artificial intelligence data center connectivity and forecasting another year of rapid growth. Chief Executive Officer Bill Brennan said fiscal 2026 was “a