Nvidia’s investment in Lancium’s Stargate initiative values the firm at $10 billion and could expand with grid-related milestones. Nvidia will invest up to $3 billion in Lancium, the infrastructure firm behind the Stargate AI data center project, with potential for an addi
Rigetti Computing receives a $100 million CHIPS Act award, signaling U.S. government backing for quantum computing development. Rigetti Computing (NASDAQ: RGTI) announced a letter of intent with the U.S. Department of Commerce for up to $100 million in CHIPS Act funding ov
Taiwan Semiconductor Manufacturing Co reports NT$467.58 billion July revenue, driven by strong high-performance computing sales. Taiwan Semiconductor Manufacturing Co (TSMC) reported July revenue of NT$467.58 billion, equivalent to $14.5 billion, a 44.7% increase from a ye
Key Points - Dole's second-quarter revenue rose 2.9% to $2.5 billion, but profitability weakened: net income fell to $35.1 million, adjusted EBITDA declined to $117 million and adjusted EPS dropped to $0.46. - Higher fuel, shipping and fruit-sourcing costs pressured the Fresh...<
The cash-and-stock deal values Tri-County Financial at approximately $204.6M and aims to close in Q1 2027. HBT Financial announced plans to acquire Tri-County Financial Group in a $204.6M cash-and-stock transaction, based on HBT’s Aug. 7 closing share price. The deal is pe
Situational Awareness raises its stake in the $5 billion-valued startup to $500 million, targeting semiconductor manufacturing tools. AI-focused hedge fund Situational Awareness invested $400 million in chip startup Source Foundry, increasing its total stake to $500 millio
EXCLUSIVE: DraftKings Is Validating Kalshi's Market While Trying to Take It, Says Investor With Stakes in Both Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. DraftKings Inc. (NASDAQ:DKNG) missed revenue expectations las
Quick Read - Margin calls forced Situational Awareness to liquidate CoreWeave and Nebius near market lows, with both stocks surging roughly 50% in the immediate rebound. - CoreWeave collapsed 56% from peak to trough before bouncing nearly 50% off lows, making Aschenbrenner's...</
China is redirecting the power of its $28 trillion stock and bond markets toward funding its technology competition with the United States, with memory chipmaker CXMT Corp.'s record Shanghai debut serving as the most visible example of that strategy, according to Bloomberg. <
Tesla and SpaceX face volatility as investors demand strong results amid ambitious long-term goals, Musk says. Elon Musk highlighted the challenge of delivering consistent quarterly performance for public companies valued over $1 trillion, citing Tesla and SpaceX as exampl
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