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Calif. AG Bonta Says Settlement Is Not a 'Blessing' for Paramount Deal
Bloomberg5d agoneutralVIDEO
Calif. AG Bonta Says Settlement Is Not a 'Blessing' for Paramount Deal

California Attorney General Rob Bonta announced an antitrust settlement reached with Paramount Skydance that he says will protect jobs. This clears the way for Paramount to take over Warner Bros. Discovery. But Bonta says this deal is not a "blessing" for the merger.

Opendoor Gains 5% but Is Still Down 24% in a Month. Will the Bulls or Bears Win?
24/7 Wall St.5d agoneutral
Opendoor Gains 5% but Is Still Down 24% in a Month. Will the Bulls or Bears Win?

Opendoor Technologies (NASDAQ:OPEN) has posted a sharp monthly decline amid a small group of housing-linked names, and the bulls-versus-bears question in front of Opendoor shareholders is whether the drop reflects a housing-wide de-rating or something specific to the company. The iShares U.S. Home Construction ETF (NYSEARCA:ITB) is at $88.36, down 10% over the past month, […]

Marvell Smashes the AI ‘Power Wall’ with Industry-First 2nm Optical Chips
24/7 Wall St.5d agoneutral
Marvell Smashes the AI ‘Power Wall’ with Industry-First 2nm Optical Chips

Shares of Marvell Technology (NASDAQ:MRVL) opened higher Monday, trading at $248 in the first hour, up 1.5% on the session after the company unveiled the industry’s first 2nm optical interconnect demonstrations for AI data centers. The move extends a one-week gain of 5% and a year-to-date advance of 192%. 2nm Optical Breakthrough Targets the AI […]

Meta Just Unveiled Massive 1 Petabit-Scale Subsea AI Superhighway
24/7 Wall St.5d agoneutral
Meta Just Unveiled Massive 1 Petabit-Scale Subsea AI Superhighway

1 Petabit Per Second, Across an Ocean Meta (NASDAQ:META) has put a number on its AI ambitions that lives outside the income statement. The company unveiled Petal, a transatlantic subsea cable engineered to move 1 petabit per second (1,000 terabits per second) across roughly 7,000 km between France and the United States, with the system […]

3 Reasons to Sell PANW and 1 Stock to Buy Instead
StockStory5d agoneutral
3 Reasons to Sell PANW and 1 Stock to Buy Instead

The past six months have been a windfall for Palo Alto Networks’s shareholders. The company’s stock price has jumped 122%, hitting $363.43 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.

Rocket Lab Poised to Become “Only Viable Alternative” to SpaceX, Says Cantor Fitzgerald
24/7 Wall St.5d agoneutral
Rocket Lab Poised to Become “Only Viable Alternative” to SpaceX, Says Cantor Fitzgerald

Cantor Fitzgerald analyst Andres Sheppard reiterated an Overweight rating and $122.00 price target on Rocket Lab (NASDAQ:RKLB), calling the current level an attractive entry point ahead of the Neutron rocket’s debut. The firm argues Neutron is uniquely positioned to become the only viable alternative and most direct commercial competitor to SpaceX’s Falcon 9 once operational. For […]

Why Did Bloom Energy Stock More Than Triple In A Year?
Trefis5d agoneutral
Why Did Bloom Energy Stock More Than Triple In A Year?

Bloom Energy (BE) stock gained 228% over the past year, against 16.7% for the S&P 500. The record second quarter it reported in July came late in that run. Over those twelve months Bloom took a business built on power for hospitals and factories and made it a supplier the major U.S. hyperscalers now approve. Today's price assumes that keeps paying.