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News
U.S. IPO: Small Issuers Join The Pipeline, While Big Candidates Stay On The Sidelines
47+ min ago (18+ words) Although no IPOs debuted this week, four small IPOs and five SPACs submitted initial filings. Read more here....
CrowdStrike Posts Record Results—But Investors May Still Be Overlooking This AI Tailwind
1+ day, 36+ min ago (149+ words) Vertigo3d/E+ via Getty Images CrowdStrike (CRWD) is on a tear after the company posted an all-time high net new ARR of $333 million. The cybersecurity leader also saw its AI Detection and Response (AIDR) ARR triple in one quarter and boosted…...
Oracle reveals $700M in additional restructuring costs tied to layoffs
6+ hour, 5+ min ago (25+ words) Oracle adds $700M to its restructuring plan, raising total costs to $2.8B amid layoffs and AI infrastructure spending—get the latest ORCL stock news and......
Paramount told to start settlement talks with state AGs in late October (WBD:NASDAQ)
13+ hour, 54+ min ago (52+ words) Judge orders Paramount Skyance’s $110B Warner Bros. Discovery deal challengers to set late-October settlement talks. Paramount Skyance (PSKY) and a group of 12 state attorneys general who sued to block the entertainment company's planned $110 billion purchase of Warner Bros. Discovery (WBD) were…...
Hewlett Packard Enterprise rises 12% amid AI infrastructure surge (HPE:NYSE)
1+ day, 3+ 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…...
AMD shines brightest as chip stocks lead Nasdaq's weekly gainers (AMD:NASDAQ)
1+ day, 3+ hour ago (57+ words) Nasdaq rises after CPI meets expectations; semiconductors lead weekly gainers (AMD, MRVL, INTC) while AMGN, TRI slide. The Nasdaq Composite Index (COMP:IND) climbed on Friday alongside major Wall Street indexes after the latest consumer inflation report came in largely…...
HP Inc. climbs 8% to new 52-week high (HPQ:NYSE)
7+ hour, 15+ min 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…...
UAE modifies 5-GW Stargate data center project in wake of Iran war: report
7+ hour, 12+ min ago (70+ words) UAE revises its $30B 5GW Stargate data center plan amid Iran tensions, shifting from one Abu Dhabi mega-campus to distributed sites—read more. z1b/iStock via Getty Images The United Arab Emirates is modifying the plan for its massive 5GW data center due in…...
SpaceX signs $1 billion-a-month AI hosting deal (SPCX:NASDAQ)
1+ day, 5+ 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)
1+ day, 6+ 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…...