Wedbush analysts assess potential impact of Google replacing Broadcom with MediaTek for tensor processing units. Broadcom (AVGO) faced scrutiny after reports suggested Google (GOOG) (GOOGL) could replace it with MediaTek as the primary supplier of tensor processing units.
Morgan Stanley's North Haven Private Income Fund told investors it will fulfill roughly 43% of second-quarter withdrawal requests after investors sought to redeem 11.6% of units outstanding — more than double the fund's 5% quarterly repurchase cap. The $7 billion fund said
Seccl, the embedded investment platform owned by Octopus, has created an Irish subsidiary as it seeks to expand into the European market. Ronan Gahan will lead the new Irish unit, Seccl Ireland DAC, as the chief executive The step follows demand from existing client
The digital display maker reported $0.27 non-GAAP EPS and $208.6M revenue, exceeding analyst expectations for the quarter. Daktronics posted fourth-quarter non-GAAP earnings of $0.27 per share, beating estimates by $0.12, as revenue rose 20.9% year-over-year to $208.6 mill
HIVE Digital Technologies reports older Nvidia A40 GPUs in Paraguay matched H100 chip performance for AI model training, lifting its stock. HIVE Digital Technologies said its Nvidia A40 graphics processors in Paraguay delivered performance comparable to Nvidia’s flagship H
Space Exploration Technologies (NASDAQ: SPCX) CEO Elon Musk just might be the first investor ever to think in trillions as a matter of course. For the world's first trillionaire investor, that probably makes sense -- but it's still a little mind-boggling Take Musk's
On June 12, Elon Musk's Space Exploration Technologies (SpaceX)(NASDAQ: SPCX) entered the record books as the largest initial public offering (IPO) in Wall Street's storied history. It nearly tripled the capital raise of the previous recordholder, Saudi Aramco, and made a
Biotech firm Absci secures $100M in financing from Eli Lilly and private equity investors, driving premarket gains. Absci shares surged approximately 20% in premarket trading after announcing $100M in financing from Eli Lilly and several private equity firms. The company p
S&P Dow Jones Indices adds Alphabet to the Dow before June 29, 2026, citing its $350 stock price and sector representation. Alphabet will enter the Dow Jones Industrial Average on June 29, 2026, replacing Verizon Communications. The change reflects Alphabet’s higher stock
U.S. tech stocks recover partially in premarket trading ahead of Micron’s Q3 results, following a sharp two-day decline in semiconductors. U.S. equity futures signaled a rebound for technology stocks Wednesday, with the Nasdaq 100 rising 0.5% and the S&P 500 up 0.1% in pre
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