Bank of America Analyst: AI Is Becoming “Deeply Embedded in Enterprise Workflows” as AI Spending Could Reach $1.5 Trillion Quick Read - NVDA posted $82B in Q1 revenue, up 85%, while AVGO guided AI chip revenue to $16B next quarter, over 200% year-over-year growth. - Cloud capex...</strong
S&P 500 companies are expected to report 23.3% earnings growth for Q2, the second straight quarter above 20% and far above the average growth rate of 16.4% over the past five years, according to FactSet. The key question for markets, according to famed investment strategis
TeraWulf Drops 8% Even as Analysts Raise Price Targets on $19B Anthropic Deal, IREN Falls 7%, Applied Digital Slides 6% Quick Read - WULF fell 8% and IREN dropped 7% despite analysts lifting their TeraWulf stock price targets, as unfinalized credit support on the $19B Anthropic...</strong
Agios Pharmaceuticals shares surge 14% after FDA accepts NDA for mitapivat with a November 1 decision target. Agios Pharmaceuticals (NASDAQ: AGIO) stock rose over 14% following the FDA’s acceptance of its supplemental New Drug Application (NDA) for mitapivat to treat sickl
Shell projects annual LNG demand to increase by 700 million tons by 2050, driven by China’s imports and expanding global adoption. Global liquefied natural gas demand is projected to climb 65% by 2050, reaching 700 million tons annually, according to industry forecasts. Th
IDAI subsidiary secures role in EU's €2B IPCEI AST initiative, integrating biometric identity verification with next-gen semiconductor hardware. Trust Stamp Inc’s Maltese subsidiary will participate in the EU’s Important Project of Common European Interest on Advanced Semi
Micron Technology shares fall sharply amid heightened volatility, erasing recent gains despite strong earnings performance. Micron Technology (NASDAQ: MU) stock has declined nearly 30% from its 52-week high, trading below $1,000. The drop comes despite strong recent earnin
Analysts set a $323.61 price target for AMZN after AWS growth hits a 15-quarter high and Q1 earnings beat estimates. Amazon’s shares are poised for a 33% gain to $323.61, driven by AWS revenue growth accelerating to 28% in Q1 2026, its fastest pace in 15 quarters. The comp
Investors scrutinize Lucid’s liquidity following Rivian’s stock offering, despite $4.7 billion in available capital. Lucid Group (NASDAQ: LCID) shares fell 8.6% midday after Rivian Automotive announced a $1.5 billion common stock offering. The move shifted investor focus t
Strong preliminary earnings from Samsung Electronics triggered a broader chip-sector decline, dragging major U.S. indexes lower. Samsung Electronics’ preliminary earnings report sent U.S. semiconductor stocks tumbling, pulling the Nasdaq Composite down 1.3% by midday. The
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