Large cap News

CEO Jeremy Allaire said Circle is building infrastructure for the 'internet financial system,' not just a stablecoin business.

Samsung will gain access to Netlist's patent portfolio, while Netlist will source DRAM and NAND products from Samsung.

The new order extends production already underway for deliveries scheduled in the third quarter of 2026.

During an interview with CNBC, Su said AMD's data center business is on track to grow well over 100% by 2027 as hyperscale and enterprise customers plan AI infrastructure investments further in advance.

Lilly’s second-quarter revenue jumped 48% and comfortably beat Wall Street estimates, driven primarily by strong demand for its blockbuster weight loss drugs Mounjaro and Zepbound.

CEO Paul Prager said the company is transitioning from "platform formation" to "scaled execution" as it expands its AI infrastructure business.

Shopify reported revenue of $3.58 billion in Q2, beating Wall Street’s expectations of $3.44 billion, according to Fiscal.ai data.

Disney shares were on track to hit an over one-month high in pre-market trade.

Analysts were divided over SPCX stock’s trajectory, with Bulls praising its AI growth while Bears warned that rising capex and the upcoming lock-up expiry could trigger a selloff.

According to a Reuters report, Dimon has personally contacted CEOs across industries to expand the Alliance for Critical Infrastructure.

Despite the market reaction, executives at all three telecom companies recently said satellite broadband is unlikely to materially threaten their core businesses.

Morningstar expects AMD's server CPU business to grow more than 70% in 2027, driven by AI infrastructure demand.

Autonomous driving partner Wayve received a key London license, paving the way for public robotaxi trials on the platform.

BlackRock will execute a 1-for-3 reverse split for its spot Ethereum ETF on October 6, with no change to investor ownership or fund value.

Food safety scares and recalls have pressured restaurant and grocery stocks in 2026, raising concerns about costs, supply chains, and brand trust.

Sandisk and Kioxia unveiled a 332-layer QLC 3D flash tech offering up to 60% greater bit density than their eighth-gen design.

Morningstar questioned whether SpaceX’s exclusive Nvidia deal signals a retreat from its Tesla-linked Terafab plans.

Nike is struggling after a twenty-five-year market underperformance caused by strategic missteps, weak product innovation, and China challenges.

Cathie Wood’s ARK Invest sold 39,233 Palantir shares across ARKK and ARKF, worth $6.38 million at Tuesday’s close.

IBRX and SLS align with Big Pharma’s cancer push, fueling retail partnership and buyout speculation.

CEO David Ellison remains confident, citing regulatory approvals and market data to defend the $110 billion deal.

Investors backed AI-driven growth across infrastructure, cybersecurity, and cloud software sectors.

AT&T and Verizon anchor ASTS’ U.S. strategy, while its broader network includes nearly 60 carrier partners covering more than 3 billion subscribers.

Rocket Lab will develop advanced “Flatellites” equipped with space-based sensors and low-latency, high-bandwidth communications.

SpaceX is slated to report quarterly earnings after market close on Tuesday.

According to a Reuters report, Lockheed Martin is in talks with NioCorp Developments to secure scandium, and Teck Resources and 5N Plus for germanium.

Thorne went public in late 2021 at a $525 million valuation but was taken private by asset manager L Catterton in 2023 in a $680 million transaction.

During an interview with CNBC, Reitzes said investor concerns over AI returns on investment, open-source models and forced selling had clouded the outlook for chipmakers.

Wayfair’s free cash flow came in at $301 million, compared to $230 million last year, which the company claims was its strongest since 2020.

The HBF standard is designed to make it easier for AI systems using processors from different vendors to work together through a common memory architecture.

With Amazon joining the cohort, Nvidia’s AI security alliance has now expanded to more than 120 members after launching with just 40 names initially.

China Renaissance, DZ Bank and Phillip Securities downgraded AAPL stock, citing a combination of rising component costs, supply constraints and uncertainty around the pace of returns from Apple Intelligence.

Wells Fargo and BNY join a growing push by Wall Street firms to build regulated on-chain financial rails, with broader tokenized deposit networks expected to roll out over the next two years.

McDonald’s also announced the appointment of company veteran Skye Anderson as president of U.S. operations, who most recently served as chief operating officer for the unit.

The company said construction has progressed at the River Bend and Beacon Point AI data center campuses, with initial deliveries expected in 2027.

Nike's China strategy is becoming a growing debate on Wall Street, with JPMorgan warning of a steep revenue hit while Morningstar focuses on the long-term turnaround.

ASTS short interest has dropped to about 19.9% of the public float, down from 21.7% last week.

Barclays said Snap's return to nearly 20% revenue growth should help rebuild investor confidence and lifted its price target to $16.

Caterpillar ended the second quarter with $6.7 billion of enterprise cash, higher than $5.4 billion for the same period last year.

According to a Reuters report, the move could benefit Coherent and Lumentum by shifting demand toward U.S.-made optical transceivers.

Deutsche Bank upgraded Palantir to ‘Buy’ from ‘Hold’ while keeping its $200 price target unchanged, implying an upside potential of about 59% from Monday’s closing price.

Oppenheimer believes WMT stock’s “peakish valuation” could be at risk of a re-rating lower if the company’s U.S. comp growth slows.

IMAX, AMC, and Cinemark stocks climbed as blockbuster movies filled theaters, while Netflix stock declined.

MoffettNathanson’s Julie Zhu called launch SpaceX’s “crown jewel” because its rocket capacity underpins Starlink and prospective orbital data centers.

Amazon posted its biggest rally since 2012 after AWS revenue surged to $42.2 billion, while Microsoft's Copilot adoption doubled to 30 million users.

Benchmark expects a “clean, essentially in-line quarter,” forecasting $11.28 billion in revenue and non-GAAP earnings of $1.63 per share.

Toyota's first-quarter operating profit and margin declined despite higher revenue, but the automaker raised full-year guidance.

Shares recently jumped 22% after Saudi Prince Alwaleed disclosed a 5% stake; the PIF remains Lucid’s largest shareholder with a 45% position.

BlueBird satellites 11-13 are scheduled to launch on Wednesday aboard a Falcon 9.

If the proposed sale is completed in full, Bezos’ holding would decline from about 884 million shares to 869 million shares, or 8.1% of Amazon.