Every company that runs away with a market eventually needs one thing it can never admit to wanting: a real rival. Competition is what keeps a leader sharp, keeps customers from feeling trapped, and keeps regulators from circling A monopoly looks great on a spreadsh
Key Takeaways - Hoskinson predicts more Cardano project failures. - Community divided over Cardano's outlook. - Everstake remains bullish despite the collapse of ADA. Cardano founder Charles Hoskinson has warned that more decentralized finance (DeFi) applications could shu
Broadcom projects $16 billion in AI chip sales for Q3, falling short of Wall Street’s $17.2 billion estimate. Broadcom’s stock plunged after the company forecast $16 billion in AI chip sales for its fiscal third quarter, missing analysts’ expectations of $17.2 billion. The
Quick Read - Amazon (AMZN) has built a custom silicon operation generating approximately $50 billion in annual revenue run rate, growing at over 100% year over year, with Graviton CPUs and Trainium AI accelerators competing against Broadcom (AVGO), Advanced Micro Devices (AMD),...</strong
SpaceX aims to raise $75 billion in its upcoming IPO, targeting retail investors through major banks' networks. JPMorgan will host an investor event for SpaceX’s $75 billion IPO, broadcasting across 90 private bank offices and 5,000 branches. CEO Jamie Dimon and key execut
Quick Read - PSCT doubled in 12 months, rising 101%, while the S&P 500 returned just 29%, as AI capex flooded into small-cap tech suppliers. - VIAV surged 421% on hyperscale data center test demand, while SANM jumped 77% after its ZT Systems deal drove 102% revenue growth. -...</
Goldman Sachs CEO David Solomon says investor demand may offset risks from upcoming AI firm IPOs and infrastructure spending. Goldman Sachs CEO David Solomon expressed confidence that investor liquidity can support a wave of AI company IPOs, including firms like SpaceX, Op
South Korea’s state-run utility Korea Electric Power Corp. (KEPCO) has won a $1.4-billion deal with Saudi oil giant Aramco to build and operate Phase 2 of Saudi Arabia’s Jafurah cogeneration power plant at the major gas project estimated to need $100 billion of total investments.
Tesla has expanded its unsupervised robotaxi service across the Austin metropolitan area, widening access to its autonomous ride-hailing operations in Texas, US. The company announced the expansion through its official robotaxi account on X, extending the service beyond it
Oracle Corporation (NYSE:ORCL) is included among the 10 No-Brainer Dividend Stocks to Buy. On June 2, Scotiabank raised its price recommendation on Oracle Corporation (NYSE:ORCL) to $290 from $215 It reiterated an Outperform rating on the stock. The firm said it con