QUICK SPARK: Micron Reclaims $1 Trillion Valuation on Broad AI Stock Rally
Micron Technology Inc. (NASDAQ:MU) rose over 7% on Wednesday to $932.46, lifting its market value to $1.04 trillion, the 15th largest in the world.Three things moved it. First, Singapore's state
10 Information Technology Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
Stock Market Today: Nasdaq 100 Rises on Strong AI Earnings, Benign Inflation
A wall of blowout artificial intelligence infrastructure earnings pushed semiconductor and optical networking stocks sharply higher on Wednesday, dragging the Nasdaq 100 higher. A July inflation
Surging demand for computing power drives NEBIUS Q2 revenue up 454% year-on-year, with AI cloud sales soaring 514%
NEBIUS reported a 454% year-on-year surge in second-quarter revenue to $582.3 million, with its AI cloud business contributing 98% of total income. Adjusted EBITDA reached $236 million. The company signed four major contracts each valued at over $1 billion, enhanced its computing power pricing capabilities, and raised its target for contracted capacity by the end of 2026 to 5 gigawatts. Management reaffirmed its full-year revenue guidance and plans to add more than 1 gigawatt of capacity annually starting in 2027, expressing strong confidence in sustained demand for AI computing power.
Intuitive Surgical Upgraded at Oppenheimer on Robotic Surgery Market Growth
SA Analyst Upgrades/downgrades: NVDA, MU, LCID, MSFT
Goldman, JPMorgan, Invesco Test Blockchain for Day-to-day Trading
Legend Biotech Downgraded at Oppenheimer on CEO Exit, Competition
JPMorgan Chief Strategist: The Fed Should Remain on Hold as Inflation Gradually Eases; Rate Hikes Risk Triggering Asset Repricing
David Kelly, Chief Global Strategist at JPMorgan Asset Management, stated that there is currently no need for the Federal Reserve to raise interest rates further and that it should continue to hold rates steady.
AI Narrative Gains Another $250 Billion as Bank of America Launches Key Infrastructure Investment Project
① Following NVIDIA's collaboration with Wall Street giants to launch a $500 billion AI infrastructure financing plan, Bank of America has also announced that it will raise and deploy $250 billion by July next year, focusing on data centers, computing power, semiconductors, electricity, and critical minerals; ② Morgan Stanley and JPMorgan have also launched similar initiatives.
Samsung Held Top Market Share Spot for NAND During Q2; SK Hynix Ranked Second: Counterpoint
Here Are the Major Earnings After the Close Wednesday
Neocloud Stocks Catch Fire As CoreWeave Doubles Revenue
Neocloud stocks are rallying Wednesday after a pair of blowout earnings reports from sector leaders CoreWeave Inc. (NASDAQ:CRWV) and Nebius Group N.V. (NASDAQ:NBIS) reinforced the scale of AI
'Lightspeed Seeks $600 Million for Anthropic, OpenAI Wagers' - Bloomberg
'Lightspeed Seeks $600 Million for Anthropic, OpenAI Wagers' -
Cisco Stock Edges Higher Ahead of Q4 Print: Can AI Demand Drive a Breakout?
Cisco Systems Inc. (NASDAQ:CSCO) shares are up Wednesday morning as traders position for the company's fourth-quarter earnings report.Cisco Systems stock is building positive momentum. Why is CSCO
Foreign media report "no progress" in US-Iran ceasefire, Trump claims full control over Strait of Hormuz
On Tuesday evening local time, U.S. President Trump told reporters at Joint Base Andrews in the suburbs of Washington that the United States had "full control" over the Strait of Hormuz.
Cisco Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Cisco Systems, Inc. (NASDAQ:CSCO) will release its fourth quarter earnings report after the closing bell on Wednesday, Aug. 12.Analysts expect the San Jose, California-based company to report
Bank of America Starts $250B Critical Infrastructure Finance Initiative
Regeneron, Tenet Leads Top Healthcare Companies With Highest Earnings Beats
Sandisk Stock Is Gaining Wednesday: What's Going On?
Sandisk Corporation (NASDAQ:SNDK) stock rose more than 4% in Wednesday's premarket trading. Strong AI infrastructure demand signals from CoreWeave Inc. (NASDAQ:CRWV) and Super Micro Computer Inc. (