'Legal AI Startup Harvey Hits $15.6 Billion Value With $550 Million Round' - Bloomberg
'Legal AI Startup Harvey Hits $15.6 Billion Value With $550 Million Round' -
'AI Is Hitting the Legal System From Every Side' - Bloomberg
'AI Is Hitting the Legal System From Every Side' -
Intel, NuScale Power, Casey's General Stores, Qualcomm and SpaceX: Why These 5 Stocks Are on Investors' Radars Today
Major U.S. indices closed lower on Tuesday, with the Dow Jones Industrial Average falling 1.18% to 52,786.07, the S&P 500 declining 0.58% to 7,673.52 and the Nasdaq slipping 0.32% to 26,421.41.These
Xiao K Morning Brief | DeepSeek Significantly Cuts Pricing for Flash Series Models; Qualcomm and Amazon Plan to Jointly Build AI Data Centers
① Day 5 of the 2026 National Reimbursement Drug List (NRDL) negotiations: Multiple pharmaceutical companies introduced blockbuster drugs, including radiopharmaceuticals and new CAR-T therapies; ② Corning signs a multi-billion dollar fiber optic supply agreement with Verizon; ③ Industry insiders: Tight supply and demand for mature-node chips may persist until 2028.
Gauzy Announces 1-for-20 Reverse Share Split
Amid escalating tensions between the U.S. and Iran, crude oil prices continued to rise, halting the dollar's decline, while the yen remained firm on speculation of accelerated rate hikes by the Bank of Japan; USD/JPY moved from 154.40 yen to 153.46 yen.
[London Market Overview] In the London foreign exchange market on the 8th, the USD/JPY pair traded in a narrow range. The yen initially strengthened on expectations of accelerated monetary tightening by the Bank of Japan, with the pair falling to as low as 153.73 yen. However, supported by firm crude oil prices and U.S. long-term interest rates, the dollar recovered, pushing the pair up to 154.28 yen. The EUR/USD fell to $1.1608 amid dollar buy-backs but rebounded to $1.1616 as dollar buying subsided. The EUR/JPY followed the USD/JPY trend, moving from 177.86 yen to 179.44 yen despite downward pressure.
U.S. stock markets extend losses amid concerns over rising oil prices due to worsening tensions with Iran (8th)
U.S. stock markets continued their decline. The Dow Jones Industrial Average closed down $628.18 at $52,786.07, while the Nasdaq Composite ended 85.58 points lower at 26,421.41. Supported by the technology sector, indices traded mixed after the open. However, escalating tit-for-tat attacks involving Iran drove up crude oil prices, sparking fears of a resurgence in inflation and triggering a sell-off. Rising long-term interest rates further accelerated the selling pressure, causing losses to widen toward the close. By sector, automotive and auto parts, as well as energy stocks, rose, while consumer...
Federal Communications Commission Proposing To Open More Wireless Spectrum That Can Be Used For Faster Broadband Service From Space
Federal Communications Commission Proposing To Open More Wireless Spectrum That Can Be Used For Faster Broadband Service From
Qualcomm CFO Says Higher Memory Prices Have Had Limited Impact On Premium Smartphone Market; Expects To Be Largest Chip Supplier To Automotive Industry Next Year
Qualcomm CFO Says Higher Memory Prices Have Had Limited Impact On Premium Smartphone Market; Expects To Be Largest Chip Supplier To Automotive Industry Next
Intel Leads Chip Stocks Higher as Broader Market Dips to Start Trading Week
Midday Need to Know: Qualcomm-Amazon AI Deal, Copper Hits Record & More
What's Going On With Shopify Stock Tuesday?
Shopify Inc. (NASDAQ:SHOP) stock fell nearly 8% on Tuesday as investors pulled back from richly valued growth stocks. The decline came even as large-cap technology shares held firm.The Nasdaq rose 0.1
Baron Durable Advantage Fund Initiates Arxis, Exits Intuit and Thermo Fisher Among Q2 Moves
Amazon Bets on Qualcomm AI Chips: Up to $60 Billion Procurement Deal Tied to 25 Million Warrants Deepens Strategic Alliance
Qualcomm and Amazon have announced a multi-generation partnership for custom chip development, targeting next-generation large-scale AI data center infrastructure. This marks a significant strategic move by Qualcomm in the data center AI chip market.
Major Wall Street banks interpret this year's SEMICON highlights: Advanced packaging is evolving toward 3D system integration, while CPO manufacturing bottlenecks lie in testing.
SEMICON 2026 sends new signals for the semiconductor industry: advanced packaging is upgrading toward 3D system integration, CoWoS capacity continues to expand and spill over to OSATs, CPO is accelerating mass production, while testing and equipment lead times have become new bottlenecks, and the AI ASIC ecosystem is further maturing. UBS Group is bullish on Taiwan Semiconductor's 3DFabric capacity expansion, Citi focuses on CPO manufacturing, and Nomura warns of capacity constraints in testing and equipment segments, as AI-driven capacity expansion accelerates into the backend processes.
U.S. Large-scale Data Centers Could Triple by 2030: Kobeissi
Communication Services Sector Rises in August; Paramount Leads Gains
Timeline for "largest IPO in history" changes; Anthropic reportedly to start roadshow as early as mid-October
Anthropic is expected to begin marketing its initial public offering (IPO) as early as mid-October, with the listing scheduled to be completed a few days before the U.S. midterm elections in November.
Non-farm payrolls data rattled the broader U.S. stock market, yet AI hardware stocks surged against the trend. The semiconductor index rose more than 3%, with SanDisk jumping 12%.
The prospect of Federal Reserve rate hikes has weighed on overall valuations and certain software growth stocks, while the industrial logic underpinning demand for AI computing power, storage, and data center interconnectivity remains intact despite interest rate expectations. SK Hynix, a memory chip manufacturer, closed up more than 8%, and Coherent, an optical communications company, rose 6.6%. Market participants noted that the strong performance of chip stocks on Friday had "nothing to do" with the non-farm payrolls data, but was instead driven primarily by the ongoing sector rotation between semiconductors and software.
S&P Global Ratings has rarely sounded the alarm on credit risks in AI infrastructure: as a $7 trillion capital expenditure black hole looms, the debt sustainability of tech giants is being called into question.
S&P Global Ratings has issued a systemic warning to AI cloud giants: capital expenditures by the six major cloud providers could exceed $7 trillion by 2030, yet none have disclosed quantified returns on AI investment. The report highlights that Amazon faces the risk of losing its AA rating, while a downgrade for Oracle would push it directly into junk status.