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Nvidia Corp. has agreed to spend as much as $105 billion to support a massive new data center campus in Ohio set to be leased by OpenAI, according to a financial filing, marking the latest tie-up between two dominant forces driving the AI boom.
Opening arguments in a landmark youth-safety trial against Meta Platforms (NASDAQ:META) begin Tuesday, August 18, 2026, in federal court in Oakland before Judge Yvonne Gonzalez Rogers, capping a consolidated action brought by 29 state attorneys general originally filed in 2023. Meta said the states are seeking as much as $1.4 trillion in penalties, a demand ... Meta’s Lawyers Say A Loss Could Cost $1.4 Trillion. Trial That Could Determine The Future Of Zuckerberg’s AI Ambitions Is Underway.
HIVE’s live GPU cloud business generates about $35 million in ARR, while a three-year Bell AI Fabric agreement accounts for another $75 million in contracted revenue.
Syntec Optics (NASDAQ:OPTX) reported record second-quarter revenue for 2026, returning to operating and net profitability as sales increased across its medical, defense, consumer and communications markets. Revenue for the quarter totaled approximately $8.3 million, up 26% from approximately $6.6 m
DeFi Development (NASDAQ:DFDV) used its second-quarter 2026 earnings update call to emphasize its strategy of building long-term Solana per-share exposure through validator operations, on-chain deployment and leverage, while simplifying its capital structure and reducing noncore complexity. Chief E
Homebuilder sentiment in the US barely improved this month as elevated construction and borrowing costs continued to restrain the housing market.
L3Harris on Monday replaced Chairman, CEO Christopher Kubasik over conduct concerns following investigation. LHX stock falls.
$2.2 billion That’s the stake that Harvard University’s endowment fund holds in SpaceX, according to a Friday securities filing. It amounts to roughly 12.9 million shares. That’s a much bigger investment than in other major tech companies, the document showed: By comparison, Harvard Management has a roughly $350 million stake in Taiwan Semiconductor Manufacturing and $234 million worth of Amazon shares.
The Target bull stampede has been in full effect.
Michael Saylor continues to run his Bitcoin accumulation flywheel in reverse.
Aug 17 (Reuters) - The S&P 500 opened subdued on Monday as markets weighed the prospect of renewed tensions between the U.S. and Iran, while the report of a strong revenue forecast from AI lab
There is a version of the AI trade that everyone can see. Nvidia sells chips. Hyperscalers buy chips. The money flows one direction. It's a clean story. The SEC filing Nvidia dropped on August 14 tells a different version of that story, one where the chip supplier is also one of the largest ...
Spending at SpaceX is poised to increase significantly.
Tech stock coverage for the week of Aug. 17.
Tech stock coverage for the week of Aug. 17.
Tech stock coverage for the week of Aug. 17.
Financial influencers are reshaping how consumers manage their money—and how brands win their trust, Elyse Goncalves reports for The Wall Street Journal. Less regulated and more widely accessible than the traditional financial services industry, these “finfluencers” use battle-tested growth tactics to capture attention. Stock picker Timothy James, 38, says he’s used rage-baiting lines to drive views, while U.K. creator Leo Gibson relies on radical relatability.
Aug 17 (Reuters) - Uber Technologies and Zipline announced a partnership on Monday to bring autonomous drone delivery to Uber Eats customers across the United States.
Uber Technologies and Zipline announced a partnership on Monday to bring autonomous drone delivery to Uber Eats customers across the United States. The tie-up was accompanied by Uber making a strategic investment in the drone delivery company. • Uber declined to comment on Reuters' request seeking financial details of its investment in Zipline.
Estee Lauder (EL) is likely to provide full-year guidance in line with its preliminary expectations,
Olipop Co-Founder and former CEO Ben Goodwin breaks down to Yahoo Finance Executive Editor Brian Sozzi the brand's massive $500 million growth, how they reclaimed the top spot from Poppi, and why health-conscious consumers ultimately don't trust Big Soda giants like Coke and Pepsi. Ben Goodwin was still the CEO of Olipop at the time of this recording.
Fulcrum Therapeutics (NASDAQ:FULC) has entered into an all-stock merger agreement with privately held Slate Medicines, a migraine-focused biotechnology company, in a transaction expected to close in the fourth quarter of 2026, subject to stockholder approval and customary closing conditions. Alex S
Walmart (WMT), Target (TGT), Home Depot (HD), and Lowe's (LOW) are all reporting quarterly earnings results next week. RBC Capital Markets director of US equity research, Steven Shemesh, explains how Walmart's and Target's upcoming results could suggest about the health of the consumer.
Brazil's Petrobras beat Q2 estimates as record production, stronger exports and higher Brent pricing lifted earnings, revenues and cash flow.
Alphabet is looking to raise about $3.6 billion in what would be its debut bond offering in Australia, according to people familiar with the matter. Initial price guidance on the deal may be provided as early as Tuesday, with the notes potentially pricing the following day. Mandeep Singh of Bloomberg Intelligence has more.
Nvidia will invest $1.5 billion in SoftBank-backed <9984.T> SB Energy and secure up to 8 gigawatts of AI computing capacity at an Ohio campus being built by the data center developer for OpenAI. The deal is the latest where Nvidia is financing the ecosystem consuming its chips, a strategy that has helped fuel demand but also drawn scrutiny over the circular flows of funds from the chipmaker to its biggest customers. Leading tech firms are increasingly tying together chips, power and data center development as they race to secure the infrastructure needed for increasingly power-hungry AI models.
Investing.com -- President Donald Trump threatened military action against Oman if the country interferes with the U.S. blockade of Iranian ships in the Strait of Hormuz, according to Fox News.
Editor’s Note: The story has been refreshed with the latest market price action. Luigi Mangione, the man accused of killing UnitedHealth Group Inc CEO Brian Thompson, is expected to plead guilty in the federal case involving Thompson’s death. Guilty Plea...
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