Latest News
MARA Holdings Falls as Bitcoin Slide Overshadows AI Expansion Efforts
MARA Holdings shares fell 2.1% as bitcoin slid 1.7%, underscoring the company's continued sensitivity to crypto prices despite its AI push.
Entergy New Orleans Secures $90M in Bond Sale Ahead of Hurricane Season
Entergy New Orleans raised $90 million via a private placement of first mortgage bonds, with proceeds likely earmarked for storm hardening and capital spending ahead of the Atlantic hurricane season.
UiPath Shares Rally Ahead of Q1 Results; AI Focus in Spotlight
UiPath shares gained 5.7% to $11.80 ahead of fiscal Q1 results due after the close. Investors await evidence that agentic AI products are driving recurring revenue growth.
Amprius Technologies Shares Rally 26% Amid Insider Sales and Short-Seller Report
Amprius Technologies shares surged 26.5% to $21.70 on heavy volume, fueled by insider sales, a short-seller report, and strong Q1 results. The company raised its 2026 revenue forecast.
Marvell Rises on $10B Custom Chip Forecast, AI Demand Drives Growth
Marvell Technology shares rose 2.4% to $203.50 after forecasting $10B+ in custom-chip revenue by fiscal 2029, with Q1 revenue up 28% to $2.418B. AI bookings surged and data center sales made up 76% of total revenue.
AMD Surges 5% as AI Infrastructure Bets Revive Chip Sector Rally
AMD shares surged 5.1% to $520.93 on Thursday, leading chip stocks higher on renewed AI demand and a $10B investment in Taiwan's chip ecosystem.
Photronics Plunges 32% on Q2 Revenue Miss and Weak Outlook
Photronics shares fell 32% after missing Q2 estimates and cutting guidance, with IC revenue down 5% year over year.
CIBC Stock Dips Despite Strong Earnings and Caribbean Asset Sale
CIBC shares fell 5.5% despite beating Q2 profit estimates and announcing the sale of its Caribbean unit for about $1.6 billion.
Arm Soars on Nvidia Vera CPU Ties, Record Revenue
Arm shares jumped 12.7% on upbeat analyst notes tying it to Nvidia's Vera CPU. Record revenue of $4.92 billion and $2 billion in AGI CPU demand through 2028 fuel the rally.
Oracle's AI Data Center Strategy Faces Scrutiny Amid Debt and Backlog Concerns
Oracle shares gained 6.2% after strong Q3 results, but investors eye $552.6B backlog and $130.9B debt as AI data-center costs mount.