Latest News
Chipotle Tests $2.50 Tacos to Boost Afternoon Traffic Amid Margin Squeeze
Chipotle is offering $2.50 tacos in Kansas City, Orlando, and Tampa from 2-5 p.m. weekdays through June 2, aiming to capture snack-time demand amid margin pressure.
Asia's Tech Stocks Surge as Nvidia's Physical AI Strategy Reshapes Supply Chain
Nvidia's focus on physical AI is reshaping its supply chain, with Asian suppliers now representing 90% of production costs. Stocks like LG Electronics and Samsung rise as AI demand broadens.
Teradyne's AI-Driven Record Revenue Faces Second-Half Uncertainty
Teradyne posts record Q1 revenue of $1.282B, nearly doubling YoY on AI chip test demand, but management warns of weak second-half visibility and order timing risks.
NextEra Energy to Build 3 GW Solar for Arizona Utility Amid Data Center Boom
NextEra Energy will develop 3,000 MW of solar for Salt River Project in Arizona to meet rising power demand from data centers. The first 500 MW are scheduled for 2029.
IonQ Q1 Earnings Preview: Revenue Targets and SkyWater Deal Under Scrutiny
IonQ reports Q1 earnings May 6 with $48-$51M revenue guidance and up to $330M adjusted EBITDA loss. SkyWater acquisition faces FTC review.
MaxLinear's AI Data-Center Pivot Under Pressure as Stock Surges Past Analyst Targets
MaxLinear shares surged 9.1% to $77.18 after infrastructure revenue overtook broadband, driven by AI data-center chips. But the stock now trades above analyst targets, raising execution and valuation concerns.
TSMC's Longtan Revival: AI Chip Expansion Faces Hurdles
The Longtan Science Park expansion has been revived, potentially hosting TSMC's next-gen chip fabs with up to NT$600 billion in investment, pending land and environmental approvals.
Pfizer and Arvinas Secure First PROTAC Approval in Breast Cancer
The FDA approved Veppanu, a first-of-its-kind PROTAC pill from Pfizer and Arvinas, for advanced breast cancer with ESR1 mutations. The decision precedes Pfizer's Q1 earnings report.
Shell's $16.4B ARC Buy Boosts Canadian LNG Ambitions
Shell's $16.4B acquisition of ARC Resources strengthens its position in Canada's Montney shale and LNG Canada terminal, boosting Asian export prospects.
Planet Labs Deploys Swedish Military Satellite Via SpaceX Rideshare
Planet Labs launched three Pelican satellites on a SpaceX rideshare, including the first for its Swedish Armed Forces deal. The satellites feature high-res imaging and Nvidia Jetson edge computing.
Coherent Corp. Eyes AI Optics Growth as Earnings Approach
Coherent shares rose 3.1% to $329.50 ahead of fiscal Q3 results on May 6. The key test: can AI optics demand sustain growth without hurting margins?
Keel Infrastructure Nears First Earnings Report Under KEEL Ticker
Keel Infrastructure Corp. will release its first-quarter earnings on May 11, marking its initial report under the KEEL ticker following Bitfarms' redomiciliation.