SpaceX is a critical supplier of launch services to NASA.
AI
Intel stock is rising but software names such as ServiceNow trade lower. Energy stocks are jumping as oil prices rises after U.S. strikes against Iran.
The numbers involved in AI are truly astounding. Surprisingly, they make sense.
China once waited for fast-growing industries to create problems before cracking down. With artificial intelligence, regulators are creating policies much earlier.
The Fed chair signals his commitment to bringing down inflation, boosting the chance of a September rate hike.
Marvell drops after so-so earnings fail to wow investors, while PayPal slumps after a report says its takeover may be off.
Wall Street will likely remain unfazed if earnings and the artificial-intelligence trade are robust.
Bitcoin miner Iren, which has moved to the AI compute business, is falling on earnings but it could be a buying opportunity, according to one Wall Street firm.
In Jackson Hole, the central bank chief struck a hawkisk tone on rates, but manages somehow to get the market back on track for September.
Shares of Elastic jump after the software developer beats analysts’ earnings target and hikes its guidance.
The biggest issue for the Fed is what effect AI will have on employment. In the past, new general purpose technologies like AI have always destroyed some jobs, but created more than what was lost.
The fear of missing out has undoubtedly played a big role in the red-hot artificial-intelligence trade in recent years, whether investors would admit it or not. It’s also spread to the corporate world.
Investors got what they wanted. The Solstice/Element Solutions merger is off.
Stocks often fall in sympathy after a rival or peer’s disappointing earnings. It’s got to stop.
Micron stock has stuttered but SK Hynix and CXMT have good news for the memory-chip trade.
Rubrik posts strong quarterly earnings and guidance. The stock is falling even as Wall Street praises the company.
Marvell reports earnings and revenue roughly in line with Wall Street estimates.
Elon Musk recently predicted $1 trillion in annual SpaceX revenue by the end of the decade. He sees a much higher number by 2033.
Don’t look now, but Tesla stock has become a laggard. It’s down 21% this year.
The memory-chip maker has ridden the AI boom to become China’s most valuable company by total market cap.
Nvidia trades at just 15 times next year’s earnings, way below the broader market. Apple offers the chip maker a road map out of its P/E funk.
Marvell stock was falling Friday but its earnings and Nvidia's report suggest the AI trade has plenty of momentum.
The spending on artificial intelligence will end, but probably not when investors suspect it will.
Stock markets brace for the Fed’s Warsh to speak at Jackson Hole as inflation fears grow, Warren Buffett praised for his role as Berkshire’s chairman, and more news to start your day.
Semiconductor and software stocks rallied behind strong earnings reports from Nvidia and Salesforce.