Investors focus on upcoming big tech earnings and AI spending trends, driving gains in major U.S. equity indexes. The S&P 500 rose 0.4% and the Nasdaq advanced on Monday as investors positioned ahead of key earnings reports from leading technology companies this week. Semi
F.N.B. stock fell following a Bank of America downgrade despite Q2 earnings matching analyst estimates. F.N.B. (FNB) shares dropped 2.56% to $18.67 in Monday morning trading after Bank of America Securities downgraded the stock. The regional bank reported second-quarter GA
U.S. Treasury Secretary Scott Bessent affirms 147.3 million ounces of gold remain at Fort Knox, addressing long-standing public doubts. The U.S. Treasury confirmed that Fort Knox holds 147.3 million ounces of gold, approximately 59% of total U.S. reserves. The statement fo
Aon has increased capacity in its Data Center Lifecycle Insurance Programme (DCLP) to $5bn (£3.72bn), extending risk solutions for digital infrastructure assets from development to long-term operations. According to Aon, the expansion comes amid increasing investment in AI
AST SpaceMobile raises $1 billion via convertible bonds to fund satellite internet plans amid a 60% stock decline from highs. AST SpaceMobile (NASDAQ: ASTS) shares fell nearly 60% from their peak after announcing a $1 billion convertible bond offering to support its satell
What happened: Strategy (MSTR) stock rose early Monday after Michael Saylor's bitcoin (BTC-USD) juggernaut disclosed that it raised $263 million by selling common stock last week. Strategy did not buy or sell any bitcoin over the same period, according to the regulatory fi
Ratcheting up competition with Nvidia (NVDA), Advanced Micro Devices (AMD) and others, Google parent Alphabet (GOOGL) is developing a new artificial intelligence accelerator targeting specialized servers in cloud computing, according to a report. Google stock rose on the n
JPMorgan cuts Truist Financial to Underweight, citing expected net interest income pressure over the next two years. Truist Financial (TFC) shares declined 1.4% in early trading Monday following a downgrade by JPMorgan to Underweight from Neutral. The move reflects concern
ATCO's Canadian Utilities unit secures final approval to build a $2.9 billion natural gas pipeline in Alberta. ATCO Ltd. received regulatory approval to begin construction on the $2.9 billion Yellowhead natural gas pipeline project in Alberta. The decision by the Alberta U
Investment bank Keefe, Bruyette & Woods is maintaining its "Outperform" rating and $138 price target for Hut 8, following the AI infrastructure developers fully commercialized lease announcement a its one-gigawatt Beacon Point AI data center campus through a second 15-year lease...</stron
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