3 hours ago
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The Sonder name is getting a second chapter: Vancouver-based TravelAI announced today it is acquiring Sonder's brand and intellectual property, including its trademarks and domain names, according to a Monday news release shared with Hotel Dive.
The acquisition, which did not include "Sonder's operating business, including its properties, leases, inventory, or staff," per the release, follows Sonder's November 2025 split from Marriott International and subsequent bankruptcy filing.
The move relaunches Sonder.com as a "curated, AI-enabled guide," powered by "the memory infrastructure TravelAI is building for the travel industry," which collects users' tastes, preferences and history over time, rather than starting from scratch, per the release. The website is live as of July 27.
The new Sonder provides travelers with a curated selection of boutique hotels and urban accommodations in major cities around the world chosen for their design, neighborhood and quality, per the release.
#dive #including
The Sonder name is getting a second chapter: Vancouver-based TravelAI announced today it is acquiring Sonder's brand and intellectual property, including its trademarks and domain names, according to a Monday news release shared with Hotel Dive.
The acquisition, which did not include "Sonder's operating business, including its properties, leases, inventory, or staff," per the release, follows Sonder's November 2025 split from Marriott International and subsequent bankruptcy filing.
The move relaunches Sonder.com as a "curated, AI-enabled guide," powered by "the memory infrastructure TravelAI is building for the travel industry," which collects users' tastes, preferences and history over time, rather than starting from scratch, per the release. The website is live as of July 27.
The new Sonder provides travelers with a curated selection of boutique hotels and urban accommodations in major cities around the world chosen for their design, neighborhood and quality, per the release.
#dive #including
3 hours ago
U.S. stock futures moved higher on Monday as investors welcomed signs of a pause in hostilities between the United States and Iran, helping to ease pressure on energy markets ahead of a crucial week for corporate earnings and central bank decisions.
By 05:49 GMT, Dow Jones futures had gained 398 points, or 0.8%, while S&P 500 futures were up 66 points, or 0.9%. Nasdaq 100 futures led the advance, climbing 406 points, or 1.4%.
Wall Street ended last week on a mixed note as rising oil prices and geopolitical uncertainty weighed on investor sentiment. However, indications that the White House is seeking to avoid a broader military escalation have improved market confidence, pushing oil prices lower while supporting both equities and bond markets.
Investors are now turning their attention to one of the busiest weeks of the earnings season, with around one-third of S&P 500 companies scheduled to publish quarterly results. Overall earnings are forecast to increase by approximately 26.5% compared with the same period last year.
Several of the world's largest technology companies are due to report this week, including Amazon (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL). Their results are expected to provide fresh insight into whether the rapid pace of investment in artificial intelligence infrastructure can continue, as markets increasingly debate the long-term profitability of AI-related spending.
#points #investors #prices
By 05:49 GMT, Dow Jones futures had gained 398 points, or 0.8%, while S&P 500 futures were up 66 points, or 0.9%. Nasdaq 100 futures led the advance, climbing 406 points, or 1.4%.
Wall Street ended last week on a mixed note as rising oil prices and geopolitical uncertainty weighed on investor sentiment. However, indications that the White House is seeking to avoid a broader military escalation have improved market confidence, pushing oil prices lower while supporting both equities and bond markets.
Investors are now turning their attention to one of the busiest weeks of the earnings season, with around one-third of S&P 500 companies scheduled to publish quarterly results. Overall earnings are forecast to increase by approximately 26.5% compared with the same period last year.
Several of the world's largest technology companies are due to report this week, including Amazon (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL). Their results are expected to provide fresh insight into whether the rapid pace of investment in artificial intelligence infrastructure can continue, as markets increasingly debate the long-term profitability of AI-related spending.
#points #investors #prices
3 hours ago
LIV Golf's team finale has reportedly been canceled.
The report by Flushing It comes a couple weeks after Cleeks captain Martin Kaymer told Today's Golfer that LIV's team championship, scheduled for Aug. 27-30 at The Cardinal at Saint John's in Plymouth, Michigan, was "highly unlikely" to take place.
Flushing It, which previously cited several contractors whose travel arrangements for the event had been canceled, said that an official announcement was expected from LIV on Wednesday.
LIV Michigan was supposed to offer a $40 million purse, down from $50 million last year, with $11.2 million going to the winning team. But PIF's funding, originally announced to run through this year, has begun to dry up earlier than anticipated, according to Front Office Sports, which quoted one LIV source as saying last month, "I don't think they'll ever get to Michigan."
The Detroit News reported last week that no infrastructure had been built at The Cardinal, another ominous sign for LIV Michigan, which would become the second LIV tournament to be scrapped this year.
#million #last
The report by Flushing It comes a couple weeks after Cleeks captain Martin Kaymer told Today's Golfer that LIV's team championship, scheduled for Aug. 27-30 at The Cardinal at Saint John's in Plymouth, Michigan, was "highly unlikely" to take place.
Flushing It, which previously cited several contractors whose travel arrangements for the event had been canceled, said that an official announcement was expected from LIV on Wednesday.
LIV Michigan was supposed to offer a $40 million purse, down from $50 million last year, with $11.2 million going to the winning team. But PIF's funding, originally announced to run through this year, has begun to dry up earlier than anticipated, according to Front Office Sports, which quoted one LIV source as saying last month, "I don't think they'll ever get to Michigan."
The Detroit News reported last week that no infrastructure had been built at The Cardinal, another ominous sign for LIV Michigan, which would become the second LIV tournament to be scrapped this year.
#million #last
4 hours ago
MercadoLibre (NASDAQ: MELI) stock has fallen by 31% from its previous peak as Wall Street focuses on near-term margin pressure and intensifying competition. Yet the business continues to expand rapidly in Latin America's e-commerce market, potentially setting the stage for market-beating returns in the next five years.
Its lower margins are not a result of competition, but rather of its higher near-term spending on infrastructure to support growth. This makes the stock a compelling buy for patient investors.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Similar to Amazon in the U.S., MercadoLibre has a structural advantage in Latin America's e-commerce market. It continues to invest in logistics infrastructure to build the most efficient delivery network in one of the world's fastest-growing e-commerce markets.
The growth it continues to report shows a huge opportunity ahead. The number of unique active buyers grew 26% year over year in the first quarter. Gross merchandise volume increased by 36%, with the number of items sold rising by 47%. It does face increasing competition from Asian e-commerce companies like Temu and Shopee, but these numbers show that MercadoLibre's investments to expand free shipping offers and other services are protecting its competitive position.
#Competition #continues #mercadolibre #Stock
Its lower margins are not a result of competition, but rather of its higher near-term spending on infrastructure to support growth. This makes the stock a compelling buy for patient investors.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Similar to Amazon in the U.S., MercadoLibre has a structural advantage in Latin America's e-commerce market. It continues to invest in logistics infrastructure to build the most efficient delivery network in one of the world's fastest-growing e-commerce markets.
The growth it continues to report shows a huge opportunity ahead. The number of unique active buyers grew 26% year over year in the first quarter. Gross merchandise volume increased by 36%, with the number of items sold rising by 47%. It does face increasing competition from Asian e-commerce companies like Temu and Shopee, but these numbers show that MercadoLibre's investments to expand free shipping offers and other services are protecting its competitive position.
#Competition #continues #mercadolibre #Stock
4 hours ago
Just before last weekend kicked off, Nvidia (NASDAQ: NVDA) and SK Hynix (NASDAQ: SKHY) finished some business, signing the largest memory deal in history. As part of the partnership, SK Hynix's subsidiary, SK Telecom, will build a 2-gigawatt AI cloud data center in Korea using Nvidia's Vera Rubin Platform. Meanwhile, SK Hynix will supply Nvidia with high bandwidth memory (HBM) going forward, while the two companies will work together to co-develop future generations of AI memory.
One of the biggest bottlenecks in the AI infrastructure build-out right now is memory, especially HBM. To reduce latency and improve power efficiency, graphics processing units (GPUs) and other AI chips need to be packaged with HBM. Meanwhile, the need for HBM is only growing as inference increasingly focuses on fast memory access rather than raw compute power.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
However, increasing HBM capacity is a challenge. It requires access to the same EUV (extreme ultraviolet lithography) machines that manufacture GPUs and other advanced logic chips, and the supply for these machines is limited, since the only company that makes them is ASML. At the same time, HBM needs upward of 3 times the wafer capacity of regular DRAM, adding another challenge if one wants to rapidly increase supply. HBM also must be manufactured in massive clean rooms, which can take years to build.
My prediction is that this deal will play an important role in both stocks being big winners over the next few years.
#supply
One of the biggest bottlenecks in the AI infrastructure build-out right now is memory, especially HBM. To reduce latency and improve power efficiency, graphics processing units (GPUs) and other AI chips need to be packaged with HBM. Meanwhile, the need for HBM is only growing as inference increasingly focuses on fast memory access rather than raw compute power.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
However, increasing HBM capacity is a challenge. It requires access to the same EUV (extreme ultraviolet lithography) machines that manufacture GPUs and other advanced logic chips, and the supply for these machines is limited, since the only company that makes them is ASML. At the same time, HBM needs upward of 3 times the wafer capacity of regular DRAM, adding another challenge if one wants to rapidly increase supply. HBM also must be manufactured in massive clean rooms, which can take years to build.
My prediction is that this deal will play an important role in both stocks being big winners over the next few years.
#supply
4 hours ago
Our ***** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Management attributed strong top and bottom-line growth to aggressive new account wins and share gains rather than market recovery, which remains largely absent.
The Paint Stores Group outperformance was driven by Protective and Marine momentum in data centers and semiconductor infrastructure, offsetting persistent weakness in new residential markets.
Commercial segment gains are the result of a 24-month targeted strategy to capture market share in an underlying environment that remains soft.
Performance Coatings growth across all regions was led by heavy equipment and packaging, specifically benefiting from customer conversions to BPA-free solutions.
#Growth #Share #management #paint
Management attributed strong top and bottom-line growth to aggressive new account wins and share gains rather than market recovery, which remains largely absent.
The Paint Stores Group outperformance was driven by Protective and Marine momentum in data centers and semiconductor infrastructure, offsetting persistent weakness in new residential markets.
Commercial segment gains are the result of a 24-month targeted strategy to capture market share in an underlying environment that remains soft.
Performance Coatings growth across all regions was led by heavy equipment and packaging, specifically benefiting from customer conversions to BPA-free solutions.
#Growth #Share #management #paint
4 hours ago
Morgan Stanley's new spot Solana ETF (MSOL) holds actual SOL tokens on NYSE Arca and charges a competitive 0.14% annual fee.
SOL has dropped 41% year-to-date and 60% over the past year, making MSOL a high-risk bet despite 136% gains over five years.
Don't wait: the ****** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Morgan Stanley has entered the spot crypto ETF market with the launch of the Morgan Stanley Solana Trust (NYSEARCA:MSOL), a fund that holds actual Solana tokens and is listed on NYSE Arca. It is the firm's first exchange-traded product tied directly to a single cryptocurrency, and it arrives at a moment when Solana, the blockchain once best known for hosting meme coins, is trying to sell itself to Wall Street as serious financial infrastructure.
The trust charges a unitary Delegated Sponsor Fee accrued daily at an annualized rate of 0.14% of the Trust's net ****** et value, or about $14 a year on a $10,000 investment. According to the prospectus, Morgan Stanley Investment Management Inc. agrees to pay the trust's ordinary operating expenses out of that fee, excluding taxes and extraordinary or litigation expenses. The sponsor is a wholly owned subsidiary of Morgan Stanley, one of the largest ****** et managers in the world.
#sponsor
SOL has dropped 41% year-to-date and 60% over the past year, making MSOL a high-risk bet despite 136% gains over five years.
Don't wait: the ****** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Morgan Stanley has entered the spot crypto ETF market with the launch of the Morgan Stanley Solana Trust (NYSEARCA:MSOL), a fund that holds actual Solana tokens and is listed on NYSE Arca. It is the firm's first exchange-traded product tied directly to a single cryptocurrency, and it arrives at a moment when Solana, the blockchain once best known for hosting meme coins, is trying to sell itself to Wall Street as serious financial infrastructure.
The trust charges a unitary Delegated Sponsor Fee accrued daily at an annualized rate of 0.14% of the Trust's net ****** et value, or about $14 a year on a $10,000 investment. According to the prospectus, Morgan Stanley Investment Management Inc. agrees to pay the trust's ordinary operating expenses out of that fee, excluding taxes and extraordinary or litigation expenses. The sponsor is a wholly owned subsidiary of Morgan Stanley, one of the largest ****** et managers in the world.
#sponsor
4 hours ago
The physical infrastructure enabling artificial intelligence requires considerably more than just high-performance accelerators and primary grid connections. It also relies on millions of high-density connectors, backplane interconnects, and power-filtering devices to connect rack-level structures, areas where TE Connectivity plc (NYSE:TEL) holds a significant bottleneck position. As hyperscalers and enterprise data center operators ramp up capital expenditure deployment around the world, demand for critical electrical connector systems has transformed from a passive secondary tailwind to a direct beneficiary of the AI growth cycle.
The company's fiscal third-quarter 2026 report showed this demand in real time, with record top-line performance, order velocity, and profitability. Despite exceeding Wall Street expectations in every fundamental indicator, shares fell roughly 7% following the release, indicating the market's focus on sequential forecast trends over historical trailing figures.
Operational execution in the third quarter set new highs across numerous business areas. Net revenue increased 14% year-over-year to $5.16 billion, above Wall Street expectations by more than 3%. Adjusted earnings per share rose 22% year-over-year to $2.94, exceeding the average estimate of $2.85. The report's defining metric was order flow, which increased 27% year-over-year to a record $5.7 billion, reflecting over $1 billion in incremental booking expansion vs. the prior year period. Meanwhile, profitability increased significantly, with adjusted operating margins improving 90 basis points to 22% and quarterly free cash flow totaling $883 million.
The underlying sector distribution highlights where AI momentum is growing the fastest. Industrial Solutions revenue increased 22% year-over-year to $2.58 billion, driven mainly by data center rack deployments and energy infrastructure growth. Chief Executive Officer Terrence Curtin stated that AI cloud momentum is far above initial multi-year predictions, with data center connection and power distribution orders rising more than 70% year-to-date.
Moreover, to back up its power-handling portfolio, TE Connectivity plc (NYSE:TEL) signed a $1.4 billion formal agreement to acquire Astrodyne TDI. The acquisition includes specialized power management and electromagnetic filtering solutions for critical industrial, semiconductor, and defense applications, providing approximately $250 million in annual revenue to the Industrial Solutions segment once completed.
#year #solutions #revenue
The company's fiscal third-quarter 2026 report showed this demand in real time, with record top-line performance, order velocity, and profitability. Despite exceeding Wall Street expectations in every fundamental indicator, shares fell roughly 7% following the release, indicating the market's focus on sequential forecast trends over historical trailing figures.
Operational execution in the third quarter set new highs across numerous business areas. Net revenue increased 14% year-over-year to $5.16 billion, above Wall Street expectations by more than 3%. Adjusted earnings per share rose 22% year-over-year to $2.94, exceeding the average estimate of $2.85. The report's defining metric was order flow, which increased 27% year-over-year to a record $5.7 billion, reflecting over $1 billion in incremental booking expansion vs. the prior year period. Meanwhile, profitability increased significantly, with adjusted operating margins improving 90 basis points to 22% and quarterly free cash flow totaling $883 million.
The underlying sector distribution highlights where AI momentum is growing the fastest. Industrial Solutions revenue increased 22% year-over-year to $2.58 billion, driven mainly by data center rack deployments and energy infrastructure growth. Chief Executive Officer Terrence Curtin stated that AI cloud momentum is far above initial multi-year predictions, with data center connection and power distribution orders rising more than 70% year-to-date.
Moreover, to back up its power-handling portfolio, TE Connectivity plc (NYSE:TEL) signed a $1.4 billion formal agreement to acquire Astrodyne TDI. The acquisition includes specialized power management and electromagnetic filtering solutions for critical industrial, semiconductor, and defense applications, providing approximately $250 million in annual revenue to the Industrial Solutions segment once completed.
#year #solutions #revenue
4 hours ago
Hyperliquid's xyz:SKHYNIX perpetual briefly fell ~20% after a "black swan" pre-market trade in South Korea priced a single SK Hynix share at KRW 1.272 million, triggering a roughly 30% move and a trading halt in the underlying market.
Who Operates the Market: Trade.xyz operates the market, who are investigating the issue. In their response, Hyperliquid made clear that it was Trade's responsibility to resolve this as Hyperliquid is a permissionless chain, and under HIP-3, independent teams can deploy and run their own markets using it as infrastructure.
How HIP-3 Pricing Works: Each market's price comes from three inputs, and the deployer controls two of them. Hyperliquid itself supplies only one, drawn from onchain trading activity. Because the final price is the median value of the three, whatever the deployer pushes effectively decides it. If Hyperliquid's onchain input reads 100 but the deployer submits 150 and 151, the market prices at 150.
#three #onchain
Who Operates the Market: Trade.xyz operates the market, who are investigating the issue. In their response, Hyperliquid made clear that it was Trade's responsibility to resolve this as Hyperliquid is a permissionless chain, and under HIP-3, independent teams can deploy and run their own markets using it as infrastructure.
How HIP-3 Pricing Works: Each market's price comes from three inputs, and the deployer controls two of them. Hyperliquid itself supplies only one, drawn from onchain trading activity. Because the final price is the median value of the three, whatever the deployer pushes effectively decides it. If Hyperliquid's onchain input reads 100 but the deployer submits 150 and 151, the market prices at 150.
#three #onchain
5 hours ago
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) and BlackRock Inc (NYSE:BLK) have formed a joint venture to develop and operate a large-scale artificial intelligence data center campus in El Paso, Texas, as Meta looks to expand the infrastructure supporting its AI ambitions.
The venture will develop and own the data center campus, which is currently under construction and is expected to provide 1 gigawatt of compute capacity when it begins coming online in 2028. The project represents a total development cost of approximately $14 billion, including buildings and long-lived power, cooling and connectivity infrastructure.
Under the agreement, funds managed by BlackRock will own an 80% interest in the venture, while Meta will retain a 20% stake. The companies will fund their respective portions of the development costs, with BlackRock making an initial cash contribution of approximately $4.9 billion and Meta contributing land and construction-in-progress ****** ets valued at about $2.3 billion.
Meta will lease the entire campus from the venture and will remain the sole occupant upon completion. The company will provide construction management, administrative and property management services for the facility.
Meta founder and CEO Mark Zuckerberg wrote that the partnership would allow the company to scale its AI infrastructure efforts more quickly.
#meta #venture #scale #data
The venture will develop and own the data center campus, which is currently under construction and is expected to provide 1 gigawatt of compute capacity when it begins coming online in 2028. The project represents a total development cost of approximately $14 billion, including buildings and long-lived power, cooling and connectivity infrastructure.
Under the agreement, funds managed by BlackRock will own an 80% interest in the venture, while Meta will retain a 20% stake. The companies will fund their respective portions of the development costs, with BlackRock making an initial cash contribution of approximately $4.9 billion and Meta contributing land and construction-in-progress ****** ets valued at about $2.3 billion.
Meta will lease the entire campus from the venture and will remain the sole occupant upon completion. The company will provide construction management, administrative and property management services for the facility.
Meta founder and CEO Mark Zuckerberg wrote that the partnership would allow the company to scale its AI infrastructure efforts more quickly.
#meta #venture #scale #data
13 hours ago
South Korean President Lee Jae Myung flew to San Francisco on July 24 for a summit with the most powerful names in artificial intelligence. Jensen Huang was there. Sam Altman was there. The heads of Samsung, SK Group, Hyundai Motor and Naver flew in. By the end of the day, roughly $950 billion in new AI agreements had been signed, and South Korea had positioned itself as the country most central to the next phase of the buildout.
Nvidia (NVDA) is not slowing down its global hunt for AI infrastructure partners. The chipmaker has spent much of 2026 signing deals across Asia, the Middle East and Europe to secure the chips, memory and power it needs to keep building AI systems.
On July 24, that hunt landed squarely on South Korea, with a cluster of new agreements announced within hours of each other.
Nvidia said on July 24 that it has locked down AI memory supply from SK Hynix, South Korea's second most valuable company, CNBC reported. The agreement, unveiled late that evening in San Francisco, could be worth $500 billion over a number of years, and it includes large-scale data centers expected to come online in 2027.
SK Hynix affiliate SK Telecom will build a cloud business using Nvidia's Vera Rubin systems as part of the deal.
#south #agreements #down
Nvidia (NVDA) is not slowing down its global hunt for AI infrastructure partners. The chipmaker has spent much of 2026 signing deals across Asia, the Middle East and Europe to secure the chips, memory and power it needs to keep building AI systems.
On July 24, that hunt landed squarely on South Korea, with a cluster of new agreements announced within hours of each other.
Nvidia said on July 24 that it has locked down AI memory supply from SK Hynix, South Korea's second most valuable company, CNBC reported. The agreement, unveiled late that evening in San Francisco, could be worth $500 billion over a number of years, and it includes large-scale data centers expected to come online in 2027.
SK Hynix affiliate SK Telecom will build a cloud business using Nvidia's Vera Rubin systems as part of the deal.
#south #agreements #down
14 hours ago
Marvell Technology (NASDAQ:MRVL) primarily earns revenue by developing data infrastructure semiconductor solutions and system-on-a-chip architectures for enterprise clients across the globe.
It was officially added to the S&P 500 index on June 22, 2026, and it reported a 52% gross margin for the quarter ended May 2, 2026.
UiPath (NYSE:PATH) primarily earns revenue by delivering a software ecosystem focused on robotic process automation to organizations in various commercial and government settings.
While launching new artificial intelligence features for its Automation Suite on May 5, it recorded an 81% gross margin for the quarter ended April 30, 2026.
Tracking revenue helps investors understand the total volume of money a business brings in before operating expenses or taxes are deducted. This metric reveals whether an organization is successfully attracting customers and growing its overall business volume over time.
#revenue #Margin #quarter
It was officially added to the S&P 500 index on June 22, 2026, and it reported a 52% gross margin for the quarter ended May 2, 2026.
UiPath (NYSE:PATH) primarily earns revenue by delivering a software ecosystem focused on robotic process automation to organizations in various commercial and government settings.
While launching new artificial intelligence features for its Automation Suite on May 5, it recorded an 81% gross margin for the quarter ended April 30, 2026.
Tracking revenue helps investors understand the total volume of money a business brings in before operating expenses or taxes are deducted. This metric reveals whether an organization is successfully attracting customers and growing its overall business volume over time.
#revenue #Margin #quarter
14 hours ago
Baker Hughes raised its 2026 Industrial & Energy Technology (IET) order outlook after posting record second-quarter bookings, as surging investment in LNG export facilities, gas-fired power generation and data center infrastructure continued to fuel demand for its equipment and services.
The company reported second-quarter orders of $10.5 billion, up 49% from a year earlier, while IET orders more than doubled to a record $7.1 billion. Remaining performance obligations reached a record $40.1 billion, including $37.1 billion for the IET segment, providing increased visibility into future revenue. Revenue totaled $6.74 billion, while adjusted EBITDA rose to $1.23 billion, exceeding the high end of the company's guidance range.
Chairman and CEO Lorenzo Simonelli said Baker Hughes benefited from continued strength in data centers, gas infrastructure and upstream markets despite operational challenges in the Middle East. He said the company now expects to reach the midpoint of its full-year guidance while increasing its Horizon 2 (2026-2028) IET orders target to more than $45 billion.
The record order intake was supported by a series of major LNG and power generation contracts. During the quarter, Baker Hughes secured equipment awards from Venture Global, Cheniere Energy, Golar LNG and Nigeria LNG, alongside large power generation orders from Dynamis Power Solutions and Kodiak Gas Services to support growing electricity demand from data centers and energy infrastructure across North America.
Oilfield Services & Equipment also outperformed expectations despite geopolitical disruptions. Segment EBITDA exceeded guidance as activity improved in the Middle East late in the quarter, while North America land operations and Latin America delivered solid results. However, segment revenue remained 5% below the prior year, reflecting ****** et divestitures and regional disruptions.
#record
The company reported second-quarter orders of $10.5 billion, up 49% from a year earlier, while IET orders more than doubled to a record $7.1 billion. Remaining performance obligations reached a record $40.1 billion, including $37.1 billion for the IET segment, providing increased visibility into future revenue. Revenue totaled $6.74 billion, while adjusted EBITDA rose to $1.23 billion, exceeding the high end of the company's guidance range.
Chairman and CEO Lorenzo Simonelli said Baker Hughes benefited from continued strength in data centers, gas infrastructure and upstream markets despite operational challenges in the Middle East. He said the company now expects to reach the midpoint of its full-year guidance while increasing its Horizon 2 (2026-2028) IET orders target to more than $45 billion.
The record order intake was supported by a series of major LNG and power generation contracts. During the quarter, Baker Hughes secured equipment awards from Venture Global, Cheniere Energy, Golar LNG and Nigeria LNG, alongside large power generation orders from Dynamis Power Solutions and Kodiak Gas Services to support growing electricity demand from data centers and energy infrastructure across North America.
Oilfield Services & Equipment also outperformed expectations despite geopolitical disruptions. Segment EBITDA exceeded guidance as activity improved in the Middle East late in the quarter, while North America land operations and Latin America delivered solid results. However, segment revenue remained 5% below the prior year, reflecting ****** et divestitures and regional disruptions.
#record
14 hours ago
SEOUL, July 27 (Reuters) - Shares of South Korean internet and cloud service giant Naver jumped more than 10% on Monday after it said Nvidia would acquire $1 billion of its new shares to finance a project to expand an AI data centre.
The move underscores a deepening partnership between the two companies, which in June announced plans to build global AI infrastructure to tap demand for sovereign AI in the Asia-Pacific region, Europe and the Middle East.
As the first step, the two firms and investment group Brookfield announced on Friday plans to expand Naver's AI data centre in South Korea with up to $10 billion in funding.
Naver said on Monday it will place 7.2 million new shares with Nvidia for 204,500 won each, or a 1% discount to its closing price on Friday, as part of the agreement. Brookfield will provide up to $9 billion in financing as the project's capital partner, Naver added.
With the investment, Nvidia would become one of the biggest shareholders of Naver, owning a 4.5% stake. The National Pension Service was the biggest shareholder of Naver with a 9.25% stake, followed by BlackRock Fund Advisors with 6.12% as of end-2025.
#billion #service
The move underscores a deepening partnership between the two companies, which in June announced plans to build global AI infrastructure to tap demand for sovereign AI in the Asia-Pacific region, Europe and the Middle East.
As the first step, the two firms and investment group Brookfield announced on Friday plans to expand Naver's AI data centre in South Korea with up to $10 billion in funding.
Naver said on Monday it will place 7.2 million new shares with Nvidia for 204,500 won each, or a 1% discount to its closing price on Friday, as part of the agreement. Brookfield will provide up to $9 billion in financing as the project's capital partner, Naver added.
With the investment, Nvidia would become one of the biggest shareholders of Naver, owning a 4.5% stake. The National Pension Service was the biggest shareholder of Naver with a 9.25% stake, followed by BlackRock Fund Advisors with 6.12% as of end-2025.
#billion #service
14 hours ago
Tesla (TSLA) is an electric vehicle (EV) and clean energy company led by CEO Elon Musk. Founded in 2003 and based in Austin, Texas, the company designs, manufactures, and sells EVs alongside energy storage and generation products, including Megapack and solar solutions. Tesla operates across two core segments: Automotive — which includes vehicle sales, regulatory credits, and Full Self-Driving (FSD) subscriptions — and Energy Generation and Storage.
Rapidly emerging businesses including Tesla's robotaxi service, Optimus humanoid robots, and artificial intelligence (AI) computing infrastructure are increasingly shaping the company's long-term valuation narrative. That's positioning Tesla as a full-stack autonomous technology and energy platform. Let's take a closer look.
What Do Monday Morning's Markets Bring to Mind?
Dear Bloom Energy Stock Fans, Mark Your Calendars for July 28
Crude Oil Prices Plunge as Supply Threats Ease
#energy #full #vehicle
Rapidly emerging businesses including Tesla's robotaxi service, Optimus humanoid robots, and artificial intelligence (AI) computing infrastructure are increasingly shaping the company's long-term valuation narrative. That's positioning Tesla as a full-stack autonomous technology and energy platform. Let's take a closer look.
What Do Monday Morning's Markets Bring to Mind?
Dear Bloom Energy Stock Fans, Mark Your Calendars for July 28
Crude Oil Prices Plunge as Supply Threats Ease
#energy #full #vehicle
18 hours ago
These are unprecedented times, with companies pumping hundreds of billions of dollars into capital expenditures -- data centers, GPUs, and other infrastructure for artificial intelligence (AI). It's an arms race of sorts, and companies are spending first and asking questions later in fear of missing out on their share of AI adoption.
Two groups of AI stocks have formed within this capex boom. On one side are the AI hyperscalers, big tech companies like Microsoft, Amazon, Meta Platforms, and Alphabet. On the other side are neoclouds, companies such as CoreWeave (NASDAQ: CRWV) and Nebius Group (NASDAQ: NBIS), that build specialized GPU data centers and sell the computing power.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Knowing which group actually wins in the big picture is crucial to deciding where to invest your dollars.
Neocloud companies build specialized GPU data centers, engineered from the ground up for AI workloads. That specialization gives them cost advantages over hyperscalers building more generalized data centers for a broader range of applications. The rampant demand for AI compute is fueling blistering growth at neocloud companies such as CoreWeave and Nebius, where ***** ysts expect revenue to multiply over the next couple of years.
#coreweave #NASDAQ #nebius
Two groups of AI stocks have formed within this capex boom. On one side are the AI hyperscalers, big tech companies like Microsoft, Amazon, Meta Platforms, and Alphabet. On the other side are neoclouds, companies such as CoreWeave (NASDAQ: CRWV) and Nebius Group (NASDAQ: NBIS), that build specialized GPU data centers and sell the computing power.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Knowing which group actually wins in the big picture is crucial to deciding where to invest your dollars.
Neocloud companies build specialized GPU data centers, engineered from the ground up for AI workloads. That specialization gives them cost advantages over hyperscalers building more generalized data centers for a broader range of applications. The rampant demand for AI compute is fueling blistering growth at neocloud companies such as CoreWeave and Nebius, where ***** ysts expect revenue to multiply over the next couple of years.
#coreweave #NASDAQ #nebius
19 hours ago
Markets face the week's most consequential moment Wednesday at 2:00pm when the Federal Reserve announces its rate decision and Fed Chair Kevin Warsh holds his first post-decision press conference, setting policy direction.
This comes amid extraordinary uncertainty about technology sector valuations, artificial intelligence infrastructure spending, and economic growth trajectory.
The decision arrives after a week dominated by disappointing technology earnings that intensified AI bubble concerns and validated investor skepticism about whether massive data center investments will translate into proportional revenue and earnings growth.
Intel Corp Shows Strong Q2 Results and Free Cash Flow - Shorting INTC Puts is Still the Best Play
Option Volatility And Earnings Report For July 27-31
Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, ******* ysis, and headlines.
#decision #free #reserve
This comes amid extraordinary uncertainty about technology sector valuations, artificial intelligence infrastructure spending, and economic growth trajectory.
The decision arrives after a week dominated by disappointing technology earnings that intensified AI bubble concerns and validated investor skepticism about whether massive data center investments will translate into proportional revenue and earnings growth.
Intel Corp Shows Strong Q2 Results and Free Cash Flow - Shorting INTC Puts is Still the Best Play
Option Volatility And Earnings Report For July 27-31
Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, ******* ysis, and headlines.
#decision #free #reserve
19 hours ago
For 22 years, Google generated more cash than it spent every quarter. That record broke between April and June this year.
Alphabet, Google's parent, spent $44.9 billion on AI infrastructure (chips, servers and data centers) over those three months — or about $490 million a day. The business generated $39.1 billion in cash during the same stretch. That left it $5.9 billion in the hole, its first ever quarter of negative free cash flow since the company went public in August 2004.
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#Google #april #june
Alphabet, Google's parent, spent $44.9 billion on AI infrastructure (chips, servers and data centers) over those three months — or about $490 million a day. The business generated $39.1 billion in cash during the same stretch. That left it $5.9 billion in the hole, its first ever quarter of negative free cash flow since the company went public in August 2004.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
#Google #april #june
19 hours ago
Artificial intelligence has become a market that rewards execution, not promises. Investors have poured hundreds of billions of dollars into companies building AI infrastructure, yet leadership can change quickly when technology shifts or customers choose different suppliers. That makes earnings season especially important because it separates companies making real progress from those still telling turnaround stories.
Intel's (INTC) latest quarterly results showed meaningful progress across the businesses that matter most for AI, helping explain why the stock has climbed 322% over the past year even after retreating 27% from the all-time high it reached last month. Even so, the numbers suggest investors may still find better opportunities elsewhere in the AI ecosystem.
Dear **** eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions
#Stock #still
Intel's (INTC) latest quarterly results showed meaningful progress across the businesses that matter most for AI, helping explain why the stock has climbed 322% over the past year even after retreating 27% from the all-time high it reached last month. Even so, the numbers suggest investors may still find better opportunities elsewhere in the AI ecosystem.
Dear **** eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions
#Stock #still
19 hours ago
Sen. John Kennedy (R-La.) on Sunday said President Trump likes the daily strikes on Iran, which paused going into the weekend after nearly two straight weeks of attacks on Iranian infrastructure.
"I think we ought to continue the blockade and starve them out. I think we ought to bomb Pickaxe Mountain and try to reach what's underneath it, " Kennedy told CBS News's Margaret Brennan during his appearance on "Face the Nation."
"The president likes the daily attacks," Kennedy added. "He believes that sometimes you have to kill a few chickens to scare the monkeys."
Kennedy compared Iran's leaders to American serial killer Son of Sam and cult leader Charles Manson, calling them "more than mildly insane." But he added that the U.S. should not "just cut and run."
"If we can stand the pain of the rising cost of energy, we need to stay the course," he said. "At least for a few more months. I also don't think we need to send in troops. That's my opinion, for what it's worth."
#think
"I think we ought to continue the blockade and starve them out. I think we ought to bomb Pickaxe Mountain and try to reach what's underneath it, " Kennedy told CBS News's Margaret Brennan during his appearance on "Face the Nation."
"The president likes the daily attacks," Kennedy added. "He believes that sometimes you have to kill a few chickens to scare the monkeys."
Kennedy compared Iran's leaders to American serial killer Son of Sam and cult leader Charles Manson, calling them "more than mildly insane." But he added that the U.S. should not "just cut and run."
"If we can stand the pain of the rising cost of energy, we need to stay the course," he said. "At least for a few more months. I also don't think we need to send in troops. That's my opinion, for what it's worth."
#think
3 days ago
New vehicle sales in the Philippines declined by a further 8% to 37,231 units in June 2026, down from 40,483 units in the same month last year, according to member wholesale data released jointly by the Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI) and the Truck Manufacturers ***** ociation (TMA).
This was the sixth consecutive month of decline for the market, as economic growth in the country continued to slow. The latest government data show that GDP growth slowed to 2.8% year-on-year in the first quarter of 2026, down from 3.7% in the second half of 2025 and 4.4% for the whole of last year. Higher fuel prices resulting from the conflict in the Middle East have added to existing economic pressures, including the fallout from last year's infrastructure corruption scandal.
Despite a sharp drop in household consumption in the first quarter, the central bank has raised its benchmark interest rate by 50 basis points to 4.75% since April, reversing a two-year easing cycle from a peak of 6.5% in mid-2024, to help rein in surging inflation resulting from the recent fuel price hikes.
In the first six months of 2026, the Philippine vehicle market was down by over 11% to 204,557 units, from 230,912 units in the same period last year, with sales of passenger cars and commercial vehicles both falling by over 11% to 40,503 units and 164,054 units, respectively. Sales of electrified vehicles, including battery electric vehicles (BEVs) and hybrids, surged by 132% to 31,351 units in this period, however, as consumers prioritized fuel-efficient vehicles amid rising fuel prices.
The overall market leader, Toyota, reported a 9% sales decline to 100,909 units year-to-date, followed by Mitsubishi with 36,321 units (-17%); Suzuki 9,262 units (-14%); Ford 7,435 units (-32%); and Nissan 6,921 units (-42%).
#units #year #down #philippines
This was the sixth consecutive month of decline for the market, as economic growth in the country continued to slow. The latest government data show that GDP growth slowed to 2.8% year-on-year in the first quarter of 2026, down from 3.7% in the second half of 2025 and 4.4% for the whole of last year. Higher fuel prices resulting from the conflict in the Middle East have added to existing economic pressures, including the fallout from last year's infrastructure corruption scandal.
Despite a sharp drop in household consumption in the first quarter, the central bank has raised its benchmark interest rate by 50 basis points to 4.75% since April, reversing a two-year easing cycle from a peak of 6.5% in mid-2024, to help rein in surging inflation resulting from the recent fuel price hikes.
In the first six months of 2026, the Philippine vehicle market was down by over 11% to 204,557 units, from 230,912 units in the same period last year, with sales of passenger cars and commercial vehicles both falling by over 11% to 40,503 units and 164,054 units, respectively. Sales of electrified vehicles, including battery electric vehicles (BEVs) and hybrids, surged by 132% to 31,351 units in this period, however, as consumers prioritized fuel-efficient vehicles amid rising fuel prices.
The overall market leader, Toyota, reported a 9% sales decline to 100,909 units year-to-date, followed by Mitsubishi with 36,321 units (-17%); Suzuki 9,262 units (-14%); Ford 7,435 units (-32%); and Nissan 6,921 units (-42%).
#units #year #down #philippines
3 days ago
The second wave of the US-Iran conflict shows no signs of letting up. Attacks by the Houthi militia have threatened to curtail shipping through the Red Sea. Russia's refineries are buckling under the weight of bombardment by the Ukrainian military.
For global oil markets, already in a precarious situation, critical logistical nodes just keep getting thwarted. Things keep going wrong. Oil prices have started rebounding in return, reaching levels not seen since the first weeks of June before the signing of the US-Iran memorandum of understanding as Brent futures (BZ=F) crossed $100 per barrel on Thursday.
"If a ceasefire does not materialize," Rystad Energy head of geopolitical ***** ysis Jorge León said, "the risk of a significant rebound in oil prices would be substantial."
As the war between the US and Iran initially began in late February, attention swung toward the Strait of Hormuz, a critical waterway responsible for roughly a fifth of the world's oil trade. Threats of violence and, eventually, direct attacks on vessels by Iranian military wings sent traffic through the strait collapsing, kicking off the largest energy supply crisis on record.
Six months down the road, as the conflict has reignited, the danger for the global oil market has diversified, no longer concentrated in a single waterway or oil-producing country. Instead, disruptions are accumulating across the infrastructure that carries crude from the Middle East, processes Russian oil into 11% of the world's diesel, and supplies fuel to consumers from Europe to Asia — and at a time when the market is already squeezed after half a year's worth of supply disruptions.
#energy
For global oil markets, already in a precarious situation, critical logistical nodes just keep getting thwarted. Things keep going wrong. Oil prices have started rebounding in return, reaching levels not seen since the first weeks of June before the signing of the US-Iran memorandum of understanding as Brent futures (BZ=F) crossed $100 per barrel on Thursday.
"If a ceasefire does not materialize," Rystad Energy head of geopolitical ***** ysis Jorge León said, "the risk of a significant rebound in oil prices would be substantial."
As the war between the US and Iran initially began in late February, attention swung toward the Strait of Hormuz, a critical waterway responsible for roughly a fifth of the world's oil trade. Threats of violence and, eventually, direct attacks on vessels by Iranian military wings sent traffic through the strait collapsing, kicking off the largest energy supply crisis on record.
Six months down the road, as the conflict has reignited, the danger for the global oil market has diversified, no longer concentrated in a single waterway or oil-producing country. Instead, disruptions are accumulating across the infrastructure that carries crude from the Middle East, processes Russian oil into 11% of the world's diesel, and supplies fuel to consumers from Europe to Asia — and at a time when the market is already squeezed after half a year's worth of supply disruptions.
#energy
4 days ago
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Florida-based TECfusions is set to go public by merging with Apex Treasury Corp., a **** , at a $4B valuation.
The deal leverages long-term customer contracts, an upcoming expansion into Chile, and a $35M PIPE investment.
Data center IPO activity is accelerating as digital infrastructure operators target public markets to fund AI-driven growth.
TECfusions, a Florida firm specializing in adaptive reuse of industrial facilities for data center operations, will pursue a public listing through a merger with Cayman Islands-based **** Apex Treasury Corp., per The Wall Street Journal. With the transaction expected to close by year-end, the $4B valuation positions TECfusions among the largest US data center IPO stories this cycle. Surging demand for AI and cloud infrastructure has prompted digital infrastructure operators to seek public capital — a trend gaining momentum throughout 2026.
#data #apex #corp
Florida-based TECfusions is set to go public by merging with Apex Treasury Corp., a **** , at a $4B valuation.
The deal leverages long-term customer contracts, an upcoming expansion into Chile, and a $35M PIPE investment.
Data center IPO activity is accelerating as digital infrastructure operators target public markets to fund AI-driven growth.
TECfusions, a Florida firm specializing in adaptive reuse of industrial facilities for data center operations, will pursue a public listing through a merger with Cayman Islands-based **** Apex Treasury Corp., per The Wall Street Journal. With the transaction expected to close by year-end, the $4B valuation positions TECfusions among the largest US data center IPO stories this cycle. Surging demand for AI and cloud infrastructure has prompted digital infrastructure operators to seek public capital — a trend gaining momentum throughout 2026.
#data #apex #corp
4 days ago
Interested in Nokia Corporation? Here are five stocks we like better.
Nokia posted stronger Q2 2026 results, with 9% constant-currency net sales growth and improved margins. Network Infrastructure led the gain, while comparable operating profit rose to EUR 434 million and gross margin increased to 46%.
AI and cloud demand was a major growth driver, with sales from those customers more than doubling to EUR 446 million and order intake reaching EUR 2.8 billion. Management warned the orders were lumpy and that about half should convert to revenue within the next 12 months.
Nokia highlighted strategic investments in AI-RAN and optical capacity, including the launch of its first commercial AI-RAN platform and expansion of manufacturing in San Jose, Pennsylvania, and Arizona. The company also maintained its outlook, though it expects third-quarter mobile margins to dip before improving later in the year.
The New Nokia: A Bullish Upgrade Ignites This Big AI Bet
#Growth #million
Nokia posted stronger Q2 2026 results, with 9% constant-currency net sales growth and improved margins. Network Infrastructure led the gain, while comparable operating profit rose to EUR 434 million and gross margin increased to 46%.
AI and cloud demand was a major growth driver, with sales from those customers more than doubling to EUR 446 million and order intake reaching EUR 2.8 billion. Management warned the orders were lumpy and that about half should convert to revenue within the next 12 months.
Nokia highlighted strategic investments in AI-RAN and optical capacity, including the launch of its first commercial AI-RAN platform and expansion of manufacturing in San Jose, Pennsylvania, and Arizona. The company also maintained its outlook, though it expects third-quarter mobile margins to dip before improving later in the year.
The New Nokia: A Bullish Upgrade Ignites This Big AI Bet
#Growth #million
4 days ago
Slipping 2.15% to 25,138, the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped sharply today, driven by a broad retreat in technology stocks following earnings reports. The S&P 500 (SNPINDEX:^GSPC) lost 1.21% to 7,408 and the Dow Jones Industrial Average (DJINDICES:^DJI) fell 0.97% to 51,712.
Gold prices fell 2.36% to $4,048.76 as of U.S. market close, and the 10-Year Treasury yield rose 0.04% to 4.67%, a 52-week high. Communication services and consumer cyclicals were the biggest losers today, while industrials and healthcare stocks showed strength.
Alphabet fell by 7%, and Tesla shares tumbled almost 15% following yesterday's earnings. In contrast, Intel rose in after-hours trading following its Q2 results, which beat expectations. EquipmentShare.com rose 8%, extending gains after increasing its revenue guidance earlier this month.
The risk that the huge outlays on artificial intelligence (AI) infrastructure might not pay off pressured technology stocks today. Rising oil prices and high Treasury yields compounded the risk-off mood. WTI crude oil gained 5.8% to $91.84 a barrel on reports that Houthi militia had attacked tankers in the Red Sea, threatening an alternative supply route to the Strait of Hormuz, which remains largely closed.
Mounting concern over heavy AI capital expenditures hit both Alphabet and Tesla shares. Increased spending from both firms — without a clear indication of when investors will see returns — weighed on shares. Investors are shifting their stances on AI spending sprees, which could justify a more cautious stance on big tech firms.
#stocks #rose #tesla
Gold prices fell 2.36% to $4,048.76 as of U.S. market close, and the 10-Year Treasury yield rose 0.04% to 4.67%, a 52-week high. Communication services and consumer cyclicals were the biggest losers today, while industrials and healthcare stocks showed strength.
Alphabet fell by 7%, and Tesla shares tumbled almost 15% following yesterday's earnings. In contrast, Intel rose in after-hours trading following its Q2 results, which beat expectations. EquipmentShare.com rose 8%, extending gains after increasing its revenue guidance earlier this month.
The risk that the huge outlays on artificial intelligence (AI) infrastructure might not pay off pressured technology stocks today. Rising oil prices and high Treasury yields compounded the risk-off mood. WTI crude oil gained 5.8% to $91.84 a barrel on reports that Houthi militia had attacked tankers in the Red Sea, threatening an alternative supply route to the Strait of Hormuz, which remains largely closed.
Mounting concern over heavy AI capital expenditures hit both Alphabet and Tesla shares. Increased spending from both firms — without a clear indication of when investors will see returns — weighed on shares. Investors are shifting their stances on AI spending sprees, which could justify a more cautious stance on big tech firms.
#stocks #rose #tesla
4 days ago
July 23 (Reuters) - Amkor Technology said on Thursday it had entered a multi-year agreement with Nvidia worth $1.5 billion to expand advanced semiconductor packaging and test capacity in the U.S., as the chip industry races to build out AI infrastructure.
Shares of the semiconductor packaging company jumped 17% in extended trading.
Here are a few details on the partnership:
• Under the agreement, Nvidia will make a prepayment to support the expansion of Amkor's U.S. advanced packaging operations, including capacity in Arizona.
• The companies will jointly develop packaging and testing technologies for Nvidia's AI and accelerated-computing platforms, focusing on combining different types of chips in a single package.
#july
Shares of the semiconductor packaging company jumped 17% in extended trading.
Here are a few details on the partnership:
• Under the agreement, Nvidia will make a prepayment to support the expansion of Amkor's U.S. advanced packaging operations, including capacity in Arizona.
• The companies will jointly develop packaging and testing technologies for Nvidia's AI and accelerated-computing platforms, focusing on combining different types of chips in a single package.
#july
4 days ago
Our ******* ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Management attributes the 10% year-over-year core EPS growth to disciplined execution of their lean operating system and consistent customer capital investment.
The company is pursuing a 'path to flat' strategy, targeting 0% to 3% annual customer bill growth by leveraging electric load growth to offset infrastructure costs.
Operational performance is increasingly driven by 'continuous monitoring' technology, which management claims has avoided nearly 20 million outage minutes and 28 potential ignitions since January 2025.
#Growth #year #tell
Management attributes the 10% year-over-year core EPS growth to disciplined execution of their lean operating system and consistent customer capital investment.
The company is pursuing a 'path to flat' strategy, targeting 0% to 3% annual customer bill growth by leveraging electric load growth to offset infrastructure costs.
Operational performance is increasingly driven by 'continuous monitoring' technology, which management claims has avoided nearly 20 million outage minutes and 28 potential ignitions since January 2025.
#Growth #year #tell
4 days ago
Alphabet (NASDAQ:GOOGL), a search, ads, video, cloud, and AI infrastructure platforms provider, closed at $317.69, down 7.13%. Investors are reacting to higher AI-related spending and watching whether cloud growth can support returns on that build-out. Trading volume reached 68.6M shares, coming in about 111% above its three-month average of 32.5M shares. Alphabet IPO'd in 2004 and has grown 12,557% since going public.
The S&P 500 (SNPINDEX:^GSPC) fell 1.20% to 7,409, while the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 2.15% to 25,138. Among internet content and information, digital advertising, and cloud services rivals, Microsoft closed at $381.58, down 2.24%, and Meta Platforms finished at $606.10, down 3.36%.
On the surface, it was a great-looking quarter for Alphabet as:
sales rose 24%
search revenue increased 17%
#shares #googl
The S&P 500 (SNPINDEX:^GSPC) fell 1.20% to 7,409, while the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 2.15% to 25,138. Among internet content and information, digital advertising, and cloud services rivals, Microsoft closed at $381.58, down 2.24%, and Meta Platforms finished at $606.10, down 3.36%.
On the surface, it was a great-looking quarter for Alphabet as:
sales rose 24%
search revenue increased 17%
#shares #googl
4 days ago
Erik McGregor/Getty Images
Blackstone does not expect growing competition to drive down returns on its new investments in AI infrastructure, at least not anytime soon, said COO Jon Gray.
Speaking during the firm's Q2 earnings call, Gray said demand for data centers, chips and the power to supply them is so great that the risk of oversupply and a subsequent collapse in valuations is minimal.
"It's very hard to get the chips today, it's very hard to get the power, it's very hard to get the entitlements [to build data centers]," he added. "That means the supply is not matching [demand]."
Data centers are sufficiently large and complicated to build that you don't see what Gray described as a "Miami condo effect," where developers speculatively build capacity in the hope of finding a buyer.
#hard #supply
Blackstone does not expect growing competition to drive down returns on its new investments in AI infrastructure, at least not anytime soon, said COO Jon Gray.
Speaking during the firm's Q2 earnings call, Gray said demand for data centers, chips and the power to supply them is so great that the risk of oversupply and a subsequent collapse in valuations is minimal.
"It's very hard to get the chips today, it's very hard to get the power, it's very hard to get the entitlements [to build data centers]," he added. "That means the supply is not matching [demand]."
Data centers are sufficiently large and complicated to build that you don't see what Gray described as a "Miami condo effect," where developers speculatively build capacity in the hope of finding a buyer.
#hard #supply
4 days ago
Our **** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Reported a 15% sequential increase in EPS driven by higher net interest income, solid fee generation, and continued balance sheet growth.
Attributed strong Puerto Rico performance to a healthy labor market, robust tourism, and ongoing infrastructure investment supported by federal disaster recovery funds.
Modernized over half of the Puerto Rico retail branch network to enhance customer experience through a blend of digital self-service and personalized support.
Expanded commercial capabilities with a new cash management platform and corporate credit card solutions, which now account for nearly half of commercial purchase volume.
#puerto #half #commercial #tell
Reported a 15% sequential increase in EPS driven by higher net interest income, solid fee generation, and continued balance sheet growth.
Attributed strong Puerto Rico performance to a healthy labor market, robust tourism, and ongoing infrastructure investment supported by federal disaster recovery funds.
Modernized over half of the Puerto Rico retail branch network to enhance customer experience through a blend of digital self-service and personalized support.
Expanded commercial capabilities with a new cash management platform and corporate credit card solutions, which now account for nearly half of commercial purchase volume.
#puerto #half #commercial #tell
