Archer Aviation's stock rose after agreeing to acquire Boeing's Wisk Aero, SkyGrid, and Insitu subsidiaries, with Boeing receiving newly issued Archer stock equal to 19.75% of shares outstanding and i…
Bank of America reported that with nearly 90% of S&P 500 companies having released second quarter earnings, about 80% posted year-on-year EPS growth, placing the quarter in the 94th percentile, and th…
SpaceX reiterated its goal of reaching $100 billion in annual recurring revenue (ARR) by year-end, a target that Deutsche Bank analyst Edison Yu says is 'likely very achievable,' driven mainly by neoc…
Oppenheimer & Co. Inc. analyst Timothy Horan discussed SpaceX's future on Yahoo Finance's Market Catalysts, highlighting how artificial intelligence is reshaping the company. Horan noted that AI is ce…
Meta Platforms Inc. (META) unveiled Muse Glimmer, a new open-source AI model, amid an intensifying industry debate over the costs of open-source AI development. The release underscores Meta's continue…
Constellation Energy Corporation is positioned to become a major beneficiary of the surging electricity demand from artificial intelligence data centers, according to a new analysis. The company's nuc…
Corporate America's second quarter earnings are on pace to rise 50% year over year, the highest growth rate since the second quarter of 2021, according to FactSet. With 88% of S&P 500 companies having…
Meta CEO Mark Zuckerberg published a manifesto on Monday outlining plans to build AI superintelligence for everyone, criticizing rival AI labs for concentrating power, and announced the release of the…
Meta CEO Mark Zuckerberg announced the release of Muse Glimmer, a new open-weight AI model that can run continuously on personal computers. Zuckerberg stated that larger models are forthcoming.…
Cathie Wood's ARK Invest bought more Nvidia shares while selling a gaming stock, according to a report. The trades were disclosed in ARK's daily transaction updates.…
Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., is selling a $917 million leveraged loan to finance the purchase and installation of GPUs and other infrastructure under a contract …
Sevens Report Research founder Tom Essaye said cloud capacity is the next critical bottleneck in AI infrastructure, ranking Google (GOOG) and Amazon (AMZN) as the top cloud hyperscalers for AI, ahead …
Tech stocks fell in early trading Monday as Meta CEO Mark Zuckerberg laid out his vision for AI and Intel announced a $15 billion stock sale. Zuckerberg introduced Meta's new open-weight model Muse Gl…
Microsoft Corp. plans to significantly increase production of its next-generation AI chips, the Information reported, citing people familiar with the situation. The company is in discussions with Taiw…
Airbnb CEO Brian Chesky publicly confirmed for the first time that he is working on an AI lab, though he declined to provide details. The company reported Q2 2026 revenue of $3.6 billion, up 17% year …
Palantir Technologies (PLTR) is converting artificial intelligence demand into profitable growth, according to a Yahoo Finance report. The company's AI platform has driven significant revenue increase…
Microsoft plans to publicly unveil its new Maia 300 AI chip this fall, potentially as soon as next month, The Information reported on Monday, citing people with direct knowledge of the plans.…
An unnamed investor sold Autodesk (ADSK) stock, citing risks related to artificial intelligence, according to a report. The investor's decision reflects growing concerns about AI's impact on the compa…
JPMorgan strategist Jay Kwon predicts the AI-driven memory chip shortage will persist for another two years, with demand broadening from GPUs to CPUs, and remains bullish on memory stocks despite a 25…
Taiwan Semiconductor Manufacturing Co. (TSMC) reported a surge in revenue driven by sustained demand for AI chips, according to the company's latest financial results. The chipmaker's strong performan…