Intel stock falls amid the broader selloff in chip stocks. However, Intel could benefit from a deal to accelerate its chip-manufacturing revival.
North America
Government involvement in artificial intelligence could be a net positive for companies like OpenAI.
IQM, a Finnish quantum start-up, has raised $146 million ahead of its trading debut next quarter.
SailPoint, the Thoma Bravo-backed cybersecurity firm, posts first-quarter earnings that beat analysts’ estimates.
The stock now offers a 17% return to the deal price. That’s a really wide spread for a takeover deal, considering the target closing date.
The packaged-food company reports better-than-expected quarterly earnings but mixed guidance for fiscal 2027.
Oracle and OpenAI have a $300 billion deal for Oracle to build out AI data centers. Microsoft owns 27% of OpenAI, but the companies have renegotiated their cloud and licensing deals.
The data-center developer announces the signing of a 15-year lease at a secretive new artificial-intelligence campus somewhere in a southern U.S. state.
‘We expect it to leak so we’re just announcing it,’ OpenAI said on Monday.
The median home price was also the highest on record for the month of May.
Shares in the e-commerce company are down 18% for the year, dragged down by an aggressive AI spending plan.
GSK is making a tender offer for Nuvalent at $124 a share in cash, a 40% premium to where the stock traded as of Monday’s close.
Investors have a tough job cutting through all the SpaceX noise surrounding its mega-IPO.
Brent crude and WTI prices were dropping on Tuesday as Iran and Israel agreed to end direct operations against each other.
Bond markets are resetting ahead of key data, Treasury auctions, and a crucial Fed meeting.
OpenAI confidentially files IPO paperwork, Apple’s AI reveal, Wall Street likes Lilly over Novo in weight-loss wars, and more news to start your day.
The index added two companies on Friday, but more are likely to be added in the near future.
The brutal AI selloff that rocked the market on Friday may end up being short-lived, judging by how chip makers are trading Monday.
Cerebras stock has plunged in the wake of its blockbuster IPO but Wall Street is backing a comeback for the AI chip company.
Honeywell updated guidance ahead of its analyst day and ahead of split with its aerospace division coming later this month.
Intel stock leads the S&P 500 higher after sinking 11% on Friday. The AI trade is picking up momentum again after last week’s selloff.
Tango Therapeutics stock soars after the biotech company announces initial data from its ongoing study on pancreatic cancer. An analyst calls the results ‘unprecedented.’
Brent crude and WTI futures were rising after Israel and Iran exchanged fire, putting hopes of a peace deal at risk.
Amazon’s investments will help Corning expand its manufacturing sites across North Carolina and create 1,000 jobs at the facilities.
Micron Technology stock was rising on Monday after a steep selloff the previous week.