News

Sandisk (NASDAQ:SNDK) stock is surging 15% to $1,545.35 on Thursday as investors digest the memory maker’s new long-term financial model and growth strategy. Sandisk’s 2026 Investor Day laid out an ambitious framework for fiscal 2028 through fiscal 2030, including mid-to-high teens revenue growth, approximately 80% non-GAAP gross margins and approximately 50% adjusted free cash flow ... Sandisk Unveils Multi-Year Financial Model and Growth Strategy, Memory Stocks Soar

Investing.com -- SanDisk (Nasdaq: SNDK) shares rose 12% following the company’s "In Focus" 2026 Investor Day, where leadership outlined a highly optimized financial model, durable customer partnerships, and a leading NAND technology roadmap designed to drive sustainable long-term value in the AI era. “Our strong performance today is the direct result of disciplined execution against the strategy we outlined 18 months ago,” said David Goeckeler, Chairman and CEO of SanDisk. Goeckeler highlighted

Flock Safety plans to establish new guardrails for its technology following backlash over allegations that its automated license plate readers are being misused and enabling mass surveillance.

Bill Ackman unveiled six new holdings including Netflix, Visa and Mastercard, marking the billionaire investor's biggest portfolio overhaul in years. Ackman said on Thursday he acquired shares ‌starting in the second quarter that will be held in his investment funds including his newest offering ‌Pershing Square USA, which was listed on the New York Stock Exchange in April. Along with Netflix, which Ackman held briefly in 2022 before selling ​at a loss, his funds are also investing in eye care firm Alcon, exchange operator Intercontinental Exchange and financial data provider S&P Global.

IBM (NYSE:IBM) announced a strategic partnership with OpenAI on August 13, 2026, aimed at bringing advanced artificial intelligence models and products into IBM Consulting’s enterprise AI delivery platform. The collaboration will target large-scale deployments across industries including financial services, government, telecommunications and retail, with GPT-5.

Target (TGT) is back in focus for investors after fresh product news in its food aisles. The retailer just introduced its first Good & Gather cookbook and new branded frosting offerings in stores. See our latest analysis for Target. For context, Target's recent food and AI announcements come on top of strong price momentum, with a 30 day share price return of 14.27% and a year to date share price return of 53.22%, while the 5 year total shareholder return is still down 27.31%. If Target's...

Meta launches a $1B community fund to ease opposition to AI data centers as concerns over local impacts and benefits grow.

Bill Ackman’s Pershing Square made investments in six new public companies since the end of March: Visa Mastercard Netflix S&P Global Intercontinental Exchange Alcon The additions were disclosed in a letter to shareholders that accompanied Pershing Square’s quarterly earnings release, the firm’s first since it went public in April.

The companies are combining Sony's sensor designs with TSMC manufacturing to build next-generation smartphone components in Japan.

In other news, Diald raises additional seed capital, and SEI partnered with WTW Investments.

GM is exiting its Indiana battery JV with Samsung SDI as weaker EV demand prompts a pullback in battery investments.

The company received a delisting warning from Nasdaq in March when its shares had traded below the $1 threshold for 30 consecutive business days.

Google debuted its Pixel 11 line of smartphones on Wednesday.

The bank's Critical Infrastructure Finance Initiative targets digital, energy, and core infrastructure projects through July 4, 2027

Crypto.com has launched tokenized derivatives that track 1,500 U.S. stocks and exchange-traded funds (ETFs). ...

The company expects a full launch before the end of the year.

Michael Saylor's new Bitcoin credit model shows the exact floor prices where Strategy's bonds and preferred shares break.

Firefly Aerospace CEO Jason Kim sees traction for its Alpha and larger Eclipse launch vehicles amid a surge in demand for satellite launches.

Bank of America is launching a $250 billion initiative to finance U.S. data centers, energy, semiconductors, transportation and other critical infrastructure

Comcast (NasdaqGS:CMCSA) unit Comcast Business and Colt Technology Services have launched a joint global innovation lab focused on automating enterprise connectivity. The lab aims to create API driven interoperability between the two companies' networks and service platforms to simplify cross border operations for multinational customers. This marks Comcast Business's first international collaboration to build programmatic, automated workflows for accessing connectivity services. The...

Musk also said AI revenue could surpass SpaceX’s core businesses by September.

For years, McDonald's fans in the U.S. have looked overseas for some of the fast-food giant's most unusual menu items, collaborations, and collectibles. But lately, the company has been bringing more of that international appeal to its home market, using limited-time promotions and ...

Lake Victoria Gold Ltd. (TSXV:LVG) (OTCQB:LVGLF) (FSE:E1K) has released the maiden National Instrument 43-101 (NI 43-101) Mineral Resource Estimate for its wholly owned Tembo Gold Project in northwestern Tanzania, outlining an initial resource of nearly 580,000 ounces of gold across three deposits. Lake Victoria Gold Ltd. has outlined its first NI 43-101 compliant mineral resource […]

Sony Group has agreed to form a joint venture with Taiwan Semiconductor Manufacturing Co. to produce next-generation image sensors for smartphones.

Taiwan ‌chipmaker TSMC ​said on Tuesday it ‌will ⁠invest 282 billion ⁠yen ($1.77 billion) ​in ​a ​joint ‌venture with Sony Group to ‌develop ​and ​make ​next-generation ‌image sensors. ($1 = 159.3300 ​yen) (Reporting ​by ​Ben Blanchard; ‌Editing ​by Andrew ​Heavens)

The agreement adds Barrick’s Fourmile and Newmont’s Fiberline and Mike projects, forming a Nevada gold asset.

Aug 11 () - South Korean battery maker Samsung SDI said on Tuesday it will end its joint venture agreement with General Motors in ‌Indiana and acquire the U.99% stake, citing weaker-than-expected electric ‌vehicle demand.

Nvidia announced partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to funnel $500 billion towards the buildout of AI infrastructure over time.

AST SpaceMobile targets approximately 45 satellites in orbit in early 2027.

BlackRock (NYSE: $BLK), the world’s largest asset manager, has launched a new exchange-traded fund that provi...