Daily News

The reported split could reshape the robotaxi race as Waymo looks to expand independently and Uber faces fresh questions over its autonomous vehicle strategy.

UBS said Amkor’s expanded $1.5-billion partnership with Nvidia strengthens its position in packaging next-generation AI chips and could support future growth.

Baird doubled its price target on AMD stock to $1,250, while UBS, Bank of America, Roth Capital and Jefferies also lifted their targets.

CEO Chris Winfrey said the pending acquisition of Cox Communications will provide greater scale and help drive the company's next phase of broadband growth.

The signatories defended AI distillation as a legitimate model-improvement technique, asking policymakers to target intellectual property theft directly instead of restricting open-weight AI.

Jefferies and BMO said some of the upside reflected favorable deal timing and a richer sales mix, though both remained constructive on the company's outlook.

Infleqtion received three Department of Energy research projects and led gains among the companies tied to the initiative.

The company said it will continue hiring in strategic areas despite the layoffs.

Wall Street broadly welcomed Super Micro's preliminary update, with Barclays, Rosenblatt and Northland all raising price targets.

Anthropic will purchase AMD hardware directly while also accessing additional capacity through cloud providers and neoclouds.

RBC expects Intel to post roughly a 5% revenue beat, raise guidance, and deliver stronger gross margins in Thursday’s earnings report.

According to a poll on Stocktwits, more than one-third of poll respondents said they would only add to their positions if SPCX stock falls below $80, while another 28% are waiting for prices below $100.

SpaceX rescheduled Starship's 13th test flight for Monday after Thursday's launch attempt was aborted because several Raptor engines failed to start.

Nebius said the $775 million loan was backed by GPU hardware already deployed in its data centers and cash flows from an existing customer contract.

TSMC’s stock traded below $400 for the first time since May, marking the seventh straight day of losses for the shares.

Apple reportedly sent legal letters to around 40 former employees now working at OpenAI, asking them to preserve documents and meet with the company's lawyers.

A Politico report suggested the CLARITY Act may struggle to win enough Democratic support in the Senate.

Susquehanna raised its price target on Intel to $115 from $80 while maintaining a 'Neutral' rating, implying nearly 20% upside from current levels.

Visa said its new stablecoin platform will allow banks, fintechs, and crypto firms to issue, store, transfer, and redeem stablecoins through a managed infrastructure.

The report said Principal Financial had expressed interest earlier this year, but nothing came of the approach.

GE Aerospace now expects 2026 operating profit in the range of $10.55 billion to $10.75 billion compared to the previous guidance of $9.85 billion to $10.25 billion.

Both ATAI and CMPS stocks were among the top trending on Stocktwits in pre-market trade.

According to William Blair, the main risks facing both companies are already reflected in market expectations.

Nebius said it has already signed initial agreements under the new structure and expects to generate revenue through licensing, commissions, revenue-sharing, and committed-capacity contracts.

The awards build on approximately $20 million in contracts Redwire received from the same program office during the first quarter.

Michael Burry estimates PayPal's intrinsic value at between $75 and $115 per share under different valuation scenarios, with his preferred estimate near $100.

Two Chinese firms were cleared to buy Nvidia's H200 processors, while another received approval to use competing AMD AI chips.

BAC stock hit a record high over $61 after its second-quarter revenue and earnings beat Wall Street estimates.

The company attributed the guidance cut to a larger-than-expected shift in payer mix and a greater financial impact from health insurance exchanges.

Mohammed El-Erian stated that the softer print is unlikely to fully resolve the longer-term inflation outlook.

CleanSpark’s new 20-year agreement covers the company's Sandersville, Georgia, campus and includes two optional five-year extensions.

IBM released preliminary second-quarter results then fell below Wall Street expectations and showed a sharp weakness in its infrastructure business.

Investor optimism followed reports that a Red Cat-related sea drone variant may have been used during recent U.S. military operations against Iranian targets.

Tesla’s total deliveries came in at 480,126 units in the second quarter, beating Wall Street expectations of about 406,600 vehicles.

Sable Offshore priced its offering of 32.47 million shares at $3.08 per share, matching Tuesday's closing price.

Concentrix Corporation, Farmmi, and Hertz Global have declined between 48% and 80% so far in 2026.

SK Hynix filed a registration statement with the Securities and Exchange Commission, a step toward listing on the Nasdaq Global Select Market under the ticker symbol SKHY.

B. Riley said Pagaya’s current valuation of about 7.9 times its forward earnings estimate of $2.10 per share is well below comparable fintech companies.

Palisade Bio received clearance from the U.S. Food and Drug Administration for its Investigational New Drug application for PALI-2108, an ulcerative colitis treatment.

Federal disclosures revealed that President Donald Trump acquired between $1 million and $5 million in shares in February, just weeks before ICE reportedly issued a $220 million request to purchase tasers.

Surf Air Mobility and Palantir are set to dedicate additional engineering and go-to-market resources to accelerate SurfOS development.

The U.S. Food and Drug Administration will hold an advisory committee meeting to review the biologics license application for Capricor’s DMD therapy on July 29

Keybanc said Nike’s outlook is further clouded by growing uncertainty around operations in China and EMEA, as well as management transition.

SLS short interest climbed to nearly 33% of the float as of June 15, compared to 28.4% at the beginning of the year.

Micron’s stunning third-quarter results sparked a rally that briefly pushed its market capitalization to nearly $1.42 trillion.

Hertz priced its previously announced $100 million share offering and upsized its $300 million exchangeable notes offering.

Sealsq and Wisekey’s special-purpose vehicle, Quantisimo, signed an LOI with GigCapital8 to explore the establishment of a Nasdaq-listed quantum technology platform.

Stifel said the shift in BlackBerry’s business model could support stronger margins and improved free cash flow generation over time, potentially leading to guidance increases.

Atlantic International’s recently acquired unit secured a $52 million government contract in the Netherlands.

Zevra Therapeutics shares saw a series of positive brokerage actions after the company asked the U.S. Food and Drug Administration to add a new patent for its Miplyffa drug to the Orange Book.