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Joby Aviation said on Tuesday it would buy defense technology ‌company Resonant Sciences for about $500 million, as ‌it looks to scale its business in a growing ​defense market. Electric vertical take-off and landing aircraft (eVTOL) companies are focusing more on the military market amid ramped-up defense spending driven by wars in ‌Ukraine and the ⁠Middle East. Here are some more details: • Shares of Santa Cruz, California-based Joby ⁠fell 6.5% in premarket trading.

Investing.com -- Mizuho TMT specialist Jordan Klein is making Microsoft his top software long into year-end, citing the potential for Azure to surpass 50% growth as additional capacity comes online.

In the great “open” versus “closed” debate sweeping Silicon Valley, Nvidia has emerged as among the strongest supporters of open artificial intelligence. The chip giant continued down that path on Tuesday, with the release of a new open model called Nemotron 3.5 Lightning. Kari Briski, Nvidia’s vice president of generative AI software for enterprise, told the Wall Street Journal Leadership Institute that Lightning contains the knowledge of more powerful models, but is packaged into a much smaller size.

Chipotle shares have cratered more than 26% below where analysts think they should be trading, yet nearly every Wall Street voice covering the stock refuses to walk away. Whether that conviction holds up against mounting cost pressures and a skittish consumer is the real question.

The deal will bring Resonant’s RF, sensing, mission systems and stealth capabilities under Joby, with Resonant becoming the company’s dedicated defense business following the expected 2027 closing.

Investing.com -- In a note on Tuesday, Bernstein lifted its forecasts for wafer fabrication equipment (WFE) spending, raising price targets across its semiconductor equipment coverage on growing conviction that the current upcycle "has legs."

Futures for the Dow Jones Industrial Average and the other major stock indexes traded higher Tuesday, after it was reported the U.S. and Iran had reached "some sort of an arrangement" for a peace deal.

Shares of Rocket Lab traded down more than 4% premarket after the company indicated its forthcoming Neutron vehicle may not be ready to launch this year. The company said Monday it is planning to deliver the first Neutron rocket to a launch pad in the last quarter of 2026. In May, Rocket Lab said it was in position to debut the rocket this year.

AEM shines with forecast-topping earnings, but rising unit costs and inflation pressure could test its margin discipline in 2026.

Plug Power’s second-quarter earnings and a boost to expectations for full-year revenue growth reveal a company heading toward profitability, say analysts.

Five Dividend Kings just posted blockbuster second-quarter results in a market that rewards almost nothing, and one of them happens to be Warren Buffett's favorite long-term hold. Defensive income investors take note: bargains this reliable rarely show up in a frothy summer market.

The company is expecting to benefit from the Trump administration’s onshoring program, which offers a reduced tariff rate of 25% for primary aluminum imports as a result of the project. The smelter is slated for completion in 2029.

SK Hynix staged one of the largest tech IPOs in history, then promptly handed investors a brutal loss within weeks. Now one Wall Street analyst is betting the selloff created exactly the kind of gap that turns patient buyers into big winners.

Cerebras Stock Heads Into Earnings. AI Demand Is Surging, but Margins Are the Risk

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Elbit Systems Ltd. (NASDAQ:ESLT) shares dropped 6.

Investors who have been hopeful that interest rates will come down in the near future may be disappointed.

Aerospace and defense company Rocket Lab (NASDAQ:RKLB) will be reporting results this Monday after the bell. Here’s what you need to know.

Telehealth company Hims & Hers Health (NYSE:HIMS) will be announcing earnings results this Monday after market hours. Here’s what to expect.

(Bloomberg) -- Apollo Global Management Inc. is providing $2.6 billion of financing to the owners of the New York Yankees, the private capital giant’s largest investment to date in US sports.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AINvidia Taps Wall Street for $500 Billion Funding CommitmentFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AITrump Makes Sweeping New Demands on Iran as Deal Hopes DimStocks Churn as Hormuz Standoff Spurs Rally

The space company posted $234 million in second-quarter revenue, up 62% year over year, but a per-share loss that missed analyst estimates

IBM and startup Together AI have signed a $240 million multi-year ‌agreement to build a large-scale artificial intelligence ‌cluster on IBM Cloud using Nvidia systems, the companies ​said on Tuesday. The cluster will provide inference for open-source AI models, which have gained traction as businesses seek to rein in AI costs ‌and weigh concerns ⁠about cybersecurity incidents involving models from Anthropic, OpenAI and Meta. Inference, the process ⁠of running trained AI models to generate responses, has become one of the largest drivers ​of ​demand for computing capacity, ​prompting cloud providers ‌and chipmakers to spend billions of dollars expanding AI infrastructure.

Asking for a Trend Host previews what investors should watch on Tuesday, August 11th, including earnings from CoreWeave (CRWV) and eToro (ETOR), fresh consumer spending data, the latest small business optimism index, and existing home sales.

Ahead of the bell The Nasdaq is expected to lead a tentative recovery on Wall Street when trading gets underway, with investors on edge ahead of the release of July CPI data tomorrow. Nasdaq futures point to a 0.3% gain, S&P 500 futures are up 0.2%, and Dow futures are 0.1% higher. The...

Cardinal Health reports mixed quarterly performance across its business segments as earnings get a lift from one-time tariff refunds.