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News
Summit’s ivonescimab cuts death risk by 27% versus Keytruda in lung cancer trial (SMMT:NASDAQ)
15+ hour, 19+ min ago (64+ words) Seeking Alpha nopparit/iStock via Getty Images Summit Therapeutics (SMMT) on Sunday said ivonescimab significantly extended survival compared with Merck’s (MRK) Keytruda in a late-stage lung cancer trial conducted by its partner Akeso (AKESF) in China. Ivonescimab reduced the risk…...
Larry Ellison cancels $7.5B Oracle share sale plan (ORCL:NYSE)
1+ day, 1+ hour ago (57+ words) Seeking Alpha Oracle Executive Chairman Larry Ellison has canceled a plan to sell up to 50 million shares of Oracle common stock, or $7.5B worth of stock at the current price, with no shares sold under the trading plan, the company said....
Western Digital: Business Secured Through 2028, Price Already Prices In A Lot Of The Story
2+ day, 15+ hour ago (103+ words) Western Digital has secured multi-year hard drive sales contracts through 2027-2028, driving structural demand. Learn why WDC stock is a buy. - Western Digital has secured multi-year hard drive sales contracts through 2027-2028, driving structural demand and supporting its bullish investment thesis. - WDC's…...
Hewlett Packard Enterprise rises 12% amid AI infrastructure surge (HPE:NYSE)
3+ day, 8+ hour ago (98+ words) HPE stock surged 12% after record earnings and a raised outlook, lifted by AI infrastructure and server-refresh demand. Shares of Hewlett Packard Enterprise (HPE), a provider of enterprise technology infrastructure spanning servers, hybrid cloud, networking, and AI systems, rallied just over…...
HP Inc. climbs 8% to new 52-week high (HPQ:NYSE)
2+ day, 12+ hour ago (113+ words) HPQ jumps 8% to a new 52-week high as AI demand and PC refresh momentum lift the sector; see key metrics, risks, and what’s next—read now. josefkubes/iStock Editorial via Getty Images Shares of HP Inc. (HPQ) climbed just over…...
SpaceX signs $1 billion-a-month AI hosting deal (SPCX:NASDAQ)
3+ day, 10+ hour ago (95+ words) Seeking Alpha Sven Piper/iStock Editorial via Getty Images SpaceX (SPCX) has signed an artificial intelligence hosting agreement worth about $1.11 billion a month, giving the company greater confidence that it can reach a $100 billion annual recurring revenue run rate by…...
Microsoft plans to more than triple data center capacity by 2032 - report (MSFT:NASDAQ)
3+ day, 11+ hour ago (58+ words) Seeking Alpha HJBC/iStock Editorial via Getty Images - Microsoft (MSFT) plans to more than triple its global data center capacity to more than 38 gigawatts by 2032, up from about 12 gigawatts currently, Bloomberg News reported on Thursday, citing people familiar with the…...
Piper Sandler initiates semi stocks with high ratings as market is 'starving for compute"
3+ day, 14+ hour ago (83+ words) Piper Sandler initiates semi stocks with high ratings as market is 'starving for compute' Seeking Alpha Piper Sandler initiated coverage on seven major semiconductor stocks, with most receiving strong ratings as the artificial intelligence market is "starving for more compute…...
Nvidia's Huang 'confident' in 70% growth, sees cybersecurity as next leg for AI (NVDA:NASDAQ)
3+ day, 15+ hour ago (66+ words) Seeking Alpha BING-JHEN HONG/iStock Editorial via Getty Images Nvidia (NVDA) CEO Jensen Huang reiterated on Thursday that he is “confident” in growing revenue 70% next year, adding that cybersecurity is likely to be the next major growth area for artificial…...
Aerospace, defense stocks break down despite Iran tensions (XAR:NYSEARCA)
3+ day, 20+ hour ago (56+ words) Seeking Alpha guvendemir/E+ via Getty Images Aerospace and defense stocks continued to come under pressure, with the equal-weight Aerospace & Defense ETF (XAR) falling back to roughly the same levels it traded at nearly a year ago. XAR was breaking…...