News

Alibaba Group Holding Ltd. is rolling out what it calls China’s most powerful AI chip, an accelerator to compete with Nvidia Corp. and underpin a massive expansion of data center capacity in coming years.

Shares of semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) jumped 5.7% in the afternoon session after the company launched its Mach-N2 FPGA line and Prompt AI development tool for data center security and efficiency, alongside a newly disclosed $94.74 million stake by Bank of America.

By Ruma Paul and Sam Jahan SAVAR, Bangladesh, Sept 22 (Reuters) - A gas and power crisis has hit production at most Bangladeshi garment makers, but at 4A Yarn Dyeing, a supplier to Walmart, Gap and

Reddit (NYSE:RDDT) secured a key court ruling in its contract dispute with Anthropic over Reddit’s User Agreement. The judge found Reddit supplied adequate evidence that Anthropic is bound by terms governing how Reddit data can be used. The decision strengthens Reddit’s efforts to assert control over AI training on its platform content and pursue data licensing revenue. Reddit’s courtroom win over Anthropic matters, but investors need to weigh it alongside the broader Reddit investment case...

Old Dominion Freight Line recently implemented a 4.9% general rate increase on select LTL and related tariffs to help offset cost pressures and fund investments in real estate, equipment, technology, and competitive wages. The rate move, combined with upward earnings estimate revisions and a favorable Zacks Rank, highlights how pricing power and analyst expectations are shaping perceptions of Old Dominion’s operating strength. Next, we’ll explore how this October rate increase could...

Paramount Skydance Corp.’s (NASDAQ:PSKY) $110 billion acquisition of Warner Bros. Discovery, Inc. (NASDAQ:WBD) has cleared a major legal hurdle after the company reached a settlement with a coalition of U.S. states and the Writers Guild of America. Paramount Warner Bros. Discovery Merger Clears Antitrust Fight The settlement on Monday allows the merger to move forward while requiring Paramount to accept several conditions aimed at addressing concerns over competition, jobs and media concentratio

GE Vernova’s momentum is building day after day.

Nasdaq (NASDAQ:NDAQ) CFO Sarah Youngwood said the company sees a constructive macroeconomic backdrop, citing investment in artificial intelligence and digital technologies, resilient consumers and corporate earnings that she said are supporting market valuations. Speaking at a fireside chat with an

Iambic Therapeutics, Inc., an AI drug discovery company backed by Nvidia Corp. (NASDAQ:NVDA) and the Qatar Investment Authority, filed for an initial public offering, according to an S-1 filing with the SEC on Monday. Plans to List on Nasdaq, Under Ticker ‘IAM’ Iambic said it plans to use the IPO proceeds, along with its existing cash, to continue advancing its three cancer drug candidates through clinical development, with any remaining funds going toward general operating costs. It will go pub

Amazon.com, Inc. (NASDAQ:AMZN) is raising the minimum starting wage for eligible full-time U.S. core operations workers by $1 to $20 an hour, effective September 27. The company said the increase represents an investment of more than $1.5 billion, while average hourly pay for these roles will approach $24 and average total compensation, including benefits, will […]

There’s a rush to secure flights as SpaceX winds down its flagship vehicle and rivals try to ramp up.

McDonald’s Corporation (NYSE:MCD) reaching 50 consecutive years of dividend increases is a meaningful milestone. For income investors, though, the bigger question is whether cash generation supports the current payout and whether there is still room for future increases. McDonald’s raised its quarterly dividend by 4% to $1.93 per share, or $7.72 annually. At recent share […]

Shares of PCB manufacturing company TTM Technologies (NASDAQ:TTMI) jumped 6% in the afternoon session after activist investor Third Point acquired a new stake in the company and Bank of America established a new position, according to TipRanks. The advance also coincided with a synchronized rally across the electronic component sector, where TTM Technologies outperformed peer companies such as Flex, Sanmina, and IPG Photonics. Separately, Needham analyst James Ricchiuti reiterated a Buy rating o

JPMorgan Chase & Co. (NYSE:JPM)’s latest dividend increase gives shareholders another reason to focus on the bank’s ability to return capital while maintaining a strong balance sheet. On September 15, the bank declared a quarterly dividend of $1.65 per share, up from $1.50 previously. The new dividend is payable on October 31 to shareholders of […]

Intuitive Machines (NASDAQ:LUNR) climbed by 12.93 percent on Monday to close at $15.72 apiece, after an investment firm reiterated its bullish stance on the stock, alongside a price target with an upside potential of more than 100 percent. In a market note on the same day, Cantor Fitzgerald reiterated its overweight rating and $32 price […]

Microsoft Corporation (NASDAQ:MSFT) has raised its quarterly dividend to $0.98 per share from $0.91, an increase of 7 cents, or about 8%. The new dividend is payable on December 10 to shareholders of record as of November 19. This marks another annual increase for Microsoft and extends its dividend-growth streak to 23 consecutive years. At […]

AI agents fuel fresh optimism around semiconductor demand.

Novo Nordisk A/S (NYSE:NVO) has partnered with Anthropic to use Claude models and Claude Science in its research and development workflows, with the initial focus on specific scientific problems where AI can have the greatest impact. Novo will also use Anthropic’s frontier models for AI-driven software development. Reuters reported that Novo already uses Claude to […]

Haleon plc (NYSE:HLN) is finding a new growth opportunity in the expanding U.S. population using GLP-1 weight-loss drugs such as Wegovy and Zepbound. According to Reuters, the company has been placing products that can address GLP-1-related side effects in both its normal store locations and dedicated GLP-1 sections at CVS. That strategy has produced an […]

The Boeing Company (NYSE:BA) and Korean Air finalized an order for 103 aircraft worth $36.2 billion at list prices, comprising 20 777-9s, 25 787-10s, 50 737-10s and eight 777-8 freighters. Reuters reported that the aircraft will support Korean Air’s fleet expansion following its integration of Asiana Airlines, while about 80% are expected to replace existing […]

Netflix bowed out of the bidding war. Was it the right move?

Snap Inc. (NYSE:SNAP) is pushing its $2,195 Specs augmented-reality glasses into the enterprise market through partnerships with Salesforce, Nvidia, and Amazon Web Services. The integrations are designed to make Specs useful for hands-free workplace tasks in factories, retail stores, and field-service environments. Salesforce’s Agentforce will bring AI agents to the glasses, Nvidia technology will support […]

Shares of glass and electronic component manufacturer Corning (NYSE:GLW) jumped 6% in the afternoon session after the company announced a partnership with Qualcomm Technologies and Lumentum to demonstrate high-density optical interconnects for artificial intelligence architectures at ECOC 2026.

NIKE, Inc. (NYSE:NKE)’s falling share price is putting its place in the Dow Jones Industrial Average at risk. Reuters reported that Nike’s stock was around $36, giving it just a 0.4% weighting in the price-weighted Dow, the smallest among its 30 components. Nike has gained only about 5% since joining the Dow in 2013, while […]

Applied Materials, Inc. (NASDAQ:AMAT) plans to invest $5 billion in India over the next decade, expanding its research, supply-chain, and workforce capabilities as India tries to establish itself as a major semiconductor manufacturing hub. The announcement came at SEMICON India, where more than 600 companies from 52 countries participated. India has committed more than $21 […]

Lockheed Martin Corporation (NYSE:LMT) has unveiled the AIM-260 Joint Advanced Tactical Missile (JATM), a classified next-generation air-to-air weapon designed to provide greater range and effectiveness against advanced threats such as China’s J-20 fighter. The missile will be integrated with the F-22 and F-35, while Lockheed has signed a framework agreement with the U.S. Department of […]

Shoppers are the reason, and the cuts now reach well past the soda aisle.

Federal Reserve Bank of San Francisco Vice President Adam Shapiro has highlighted a shift in U.S. investment, saying spending is moving away from residential investment and toward computers as the AI investment boom accelerates. In a Friday LinkedIn post, Shapiro...

Shares of networking chips designer Marvell Technology (NASDAQ: MRVL) jumped 6.1% in the afternoon session after the company announced it will showcase industry-first 2nm optical interconnect demonstrations for artificial intelligence data center connectivity at the European Conference on Optical Communication 2026.

SpaceX management expects huge growth and strong returns on its cash over the next five years.