Backblaze's Q2 beat and higher 2026 outlook highlight AI storage growth, with the $335M CoreWeave deal adding multi-year visibility.
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Sodium-ion batteries have almost none of the problems that lithium-ion ones do, and could be cheap enough to make fossil-fuel dependence a thing of the past.
The stock market’s identical twins are looking like opposites. Just look at exchange-traded funds that invest in large, fast-growing U.S. companies. The iShares Russell 1000 Growth ETF is up 4.6%, while Invesco S&P 500 Pure Growth has gained 24.3%.
Friday’s weaker-than-expected jobs report has flipped the market-based odds of whether the Federal Reserve raises interest rate in September. Interest-rate futures now show a 56% chance that the Fed stays on hold at its next meeting and a 44% chance of a rate hike, according to CME Group data.
Applied Optoelectronics is ramping up 800G and 1.6T capacity as demand outstrips supply, while Q3 growth faces component limits and a 100G setback.
The video-game company recorded higher sales in its fiscal first quarter but losses widened due to discontinued development of a title in its pipeline.
Stock futures gained steam after the July jobs report came in softer than expected. The Labor Department said the U.S. economy shed 23,000 nonfarm jobs in July, compared with expectations to add 95,000 jobs.
(Updates with Grand Theft Auto release date in seventh paragraph.) Take-Two Interactive Software
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