Apple raised prices on many MacBooks by about 20% to offset rising memory chip costs, increasing the MacBook Neo by $100 to $699. Despite the hike, the Neo remains competitive with its aluminum chassi…
Micron Technology reported a 346% surge in quarterly revenue and a profit of $28.2 billion, far exceeding analyst expectations and sending its stock up 15%. The results helped stabilize markets after …
Micron Technology reported a blowout quarter with revenue of $41.5 billion and EPS of $25.11, far exceeding Wall Street expectations, and guided next-quarter revenue to $50 billion. The results revers…
Asian markets rebounded Wednesday after a global tech-led selloff, with South Korea's Kospi jumping as Samsung Electronics recovered more than 9%. Investors await Micron Technology's earnings for sign…
OpenAI and Anthropic plan IPOs at valuations near $1 trillion, potentially exposing retirement accounts to AI stocks through index funds. Critics warn of risk from unprofitable companies spending bill…
SpaceX's stock surge following its IPO has improved the math for a potential merger with Tesla, reducing the share dilution needed for an all-stock acquisition. SpaceX president Gwynne Shotwell hinted…
Investors are speculating about a potential merger between SpaceX and Tesla after SpaceX's $85 billion IPO made it worth over $1 trillion more than Tesla. Analysts and investors argue the combination …
Apple is raising prices across key product lines, including MacBook Pro and Mac Mini, due to surging memory chip costs driven by AI infrastructure demand. CEO Tim Cook confirmed the impact on margins …
SpaceX shares surged up to 8.7% in their second day of trading, boosting the company's market value to over $2.2 trillion following a record $86.2 billion IPO. The strong debut eased concerns about la…
Oracle introduced new financial metrics, including "net cash outlay for capital expenditures," to address investor concerns about its rising debt and capital spending tied to AI infrastructure. The co…
Wedbush Securities raised its price target on IBM to $350 from $320 on June 2, 2026, maintaining an Outperform rating, citing momentum across the company's AI, hybrid cloud, automation, and cybersecur…
Elon Musk is considering merging SpaceX and Tesla, a deal that would create a combined company valued at $3.4 trillion, making it the fifth most valuable publicly-traded firm globally. Despite the mas…