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Netflix Secures Live-Streaming Tech Deal, Upgraded by JPMorgan
Netflix has entered a multi-year agreement with Ateme for its TITAN Live transcoder to bolster live streaming capabilities. The stock gained about 1% after JPMorgan upgraded it to overweight with a $120 price target.
AMD Assures Sufficient CoWoS Supply for AI Chip Ramp, Shares Gain
AMD CEO Lisa Su stated the company has secured enough CoWoS advanced packaging capacity to support high-volume shipments of rack-scale AI systems in the second half of 2026, coinciding with its MI450 chip ramp. Shares climbed 3.1% to $196.91.
Robinhood Shares Surge on Bitcoin Rally, Keynote Anticipation
Robinhood Markets shares climbed 8.2% on Wednesday, buoyed by a surge in bitcoin and crypto assets. Traders are focused on the company's upcoming keynote and a pilot advisor referral program.
Alphabet in Spotlight: White House AI Power Pledge and Waymo Safety Probe
Alphabet navigates dual challenges as Google joins a White House pledge on AI energy costs and Waymo faces a new safety investigation. Shares edged higher in early trading.
CISA Mandates Federal Patch for Critical Broadcom VMware Flaw
U.S. cybersecurity authorities have mandated federal agencies patch a critical command-injection vulnerability in Broadcom's VMware Aria Operations software by March 24. Broadcom has released patches but cannot confirm reports of active exploitation.
T-Mobile Countersues Verizon in Escalating Ad War Over 'Bait-and-Switch' Claims
T-Mobile has launched a countersuit against Verizon, accusing its rival of 'bait-and-switch' tactics in a recent advertising campaign. The move escalates a legal fight that began when Verizon sued T-Mobile in February over alleged savings exaggerations.
VCIG Stock Volatile After Launch of Malaysia's First NVIDIA AI Center
VCI Global Limited saw its stock surge then retreat after announcing the launch of Malaysia's first NVIDIA-powered AI GPU Computing Center and its Intelli-X enterprise language model platform.
Strategy Soars 11% on Fresh Bitcoin Purchase, Dividend Hike
Strategy Inc shares surged 11% Wednesday, mirroring a bitcoin rally above $72,000. The company disclosed a new $204.1 million bitcoin purchase funded by equity sales and increased its preferred dividend.
Lumentum Shares Stabilize After Nvidia's $2 Billion AI Optics Deal
Lumentum Holdings shares found firmer footing after initial volatility triggered by Nvidia's substantial investment and purchase commitment for advanced optical components. Market attention now shifts to the company's upcoming investor briefing for expansion specifics.
Apple's $599 MacBook Neo Launch Fails to Ignite Stock Momentum
Apple's stock saw minimal movement, gaining just 0.1% to $263.94, following the introduction of its most affordable laptop, the $599 MacBook Neo. Wall Street is assessing the trade-off between expanding market share and potential margin compression.
SanDisk Rebounds 4% as Geopolitical Fears Ease, AI Demand Supports
SanDisk shares climbed roughly 4% in early Wednesday trading, recovering a portion of the prior session's steep 8.7% decline. The rebound followed reports of diplomatic outreach from Iran and comments aimed at stabilizing oil markets.