Analog Devices reported record fiscal third-quarter revenue of $4.02 billion, up 40% year over year, driven by data center optical and power business growth of over 100%, which now accounts for about …
KeyBanc analyst Michael Leshock said SpaceX will need to raise about $325 billion over the next 18-24 months to fund AI compute capacity buildouts, with cumulative capital expenditures potentially rea…
Micron Technology Inc. (MU) shares crossed the $1,000 level in premarket trading on Monday, marking the first time since July 6, and are up 240% year to date. The rally is driven by strong demand for …
Reddit Inc. (RDDT) will be added to the S&P 500 index before trading begins on Aug. 18, according to S&P Dow Jones Indices, sending shares up more than 12% in pre-market trading. The platform, which r…
Advanced Micro Devices Inc. (AMD) reported record second-quarter non-GAAP earnings per share of $1.66, beating consensus estimates of $1.61, and total revenue surged 50% year over year to a record $11…
SpaceX stock fell 11% to $111 on Wednesday after the company revealed plans for about $65 billion in 2026 capital expenditures, far exceeding analyst estimates of $50 billion, and provided no formal f…
Amazon's AWS cloud business reported a 37% sales surge in the second quarter, accelerating growth by 8 percentage points sequentially, with margins up 520 basis points to 38.1%. AWS's backlog reached …
Meta CFO Susan Li told analysts the company is not providing a specific outlook for 2027 capital expenditures, tightening 2026 capex to $135 billion-$145 billion, which fueled AI overspending fears an…
Intel and AMD are pushing Chinese server customers into multi-year CPU purchase commitments as server CPU prices in China have surged more than 40% since the start of 2026, according to Reuters. The p…
SpaceX, with $100.8 billion in cash, is issuing at least $20 billion in bonds to replace a short-term bridge loan used to acquire xAI, despite negative free cash flow of $14.1 billion last year. The m…
KeyBanc Capital Markets initiated coverage on Varonis Systems (VRNS) with an Overweight rating, citing growing demand for data security solutions driven by the expansion of artificial intelligence. Th…
KeyBanc reiterated its Overweight rating on Microsoft (MSFT), citing growth potential in Azure and Copilot. The firm’s positive outlook underscores confidence in Microsoft’s cloud and AI-driven revenu…