The AI server maker moved to reassure customers but investors may need more.
North America
Rivian reports second-quarter deliveries of 12,194 vehicles. Wall Street was looking for about 11,000 vehicles.
Tesla reports second-quarter deliveries of 480,126 vehicles, up from 384,122 a year ago.
The world’s hottest stock index tumbled Thursday but the tech selloff abruptly reversed ahead of the U.S. open.
Research firm Kailash Concepts has a warning for investors about SpaceX stock.
Palantir stock continues to rise after bottoming at $107.27 last week. DA Davidson upgrades the stock to a Buy and sees 39% upside.
Microsoft stock is having a terrible year but it’s starting to get a boost for an unlikely reason.
IQM Quantum Computers is breaking into the U.S. market at a time when federal support for quantum technology has been growing.
Meta’s unconfirmed plan to build a cloud business faces competition from a well funded rival less than 24-hours later.
Citi Research maintains a Buy rating on Strategy stock while slashing its price target to $136 from $260.
Four directors snap up CarMax shares on the heels of the auto retailer’s first-quarter earnings report.
The bond market has a lot to watch: employment, inflation, a new Fed chair—and, of course, interest rates.
OpenAI would reportedly like to add the U.S. government to its list of investors.
Nvidia stock is lagging behind the broader semiconductor sector this year but it has a plan to increase its customer base.
U.S. sets up new trade limbo with Canada and Mexico, SpaceX emerges at threat to wireless providers, Kroger wades back into M&A, and more news to start your day.
“I don’t want to call it an anti-AI trade, but I think it’s the other side of the barbell.”
Meta rises on a report that it hopes to generate revenue from selling excess computing power to third parties. CoreWeave and Nebius are falling.
Micron stock is falling to kick off the third quarter but memory-chip prices were higher in June.
Voyager shares gained 4.8%, closing at $33.81 on Wednesday.
Numbers for Tesla’s second-quarter deliveries range from below 400,000 cars to almost 470,000. The divergence is wide.
Wedbush analyst Dan Ives launched coverage of SpaceX with a Buy rating and $190 price target.
Amazon stock and Broadcom could get a boost from news Anthropic has struck a deal with the Trump administration over its latest AI model.
AMD could become the fourth chip company in the trillion-dollar club but it won’t be Wednesday.
The action keeps the trade agreement alive but subjects it to annual reviews.
Oklo stock jumps after the start-up says its Groves reactor, which will be used to produce isotopes, is on track to go live this month.