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Mahan Air, accused of ferrying weapons and military personnel, has kept its aging jets flying despite U.S. efforts to ground it.

On this episode of Stock Movers: - Novartis (NOVN) shares are lower as it suffered its third clinical-trial setback in a week after a treatment for a rare muscle-wasting disease failed a late-stage study. - Boston Scientific (BSX) shares are moving on news it said that fallout from a cybersecurity incident has impacted its ability to ship its products to customers and will cause the medical devices company to miss its sales growth and earnings estimates for the year. - Intel (INTC) is rising on a report that the company could raise computer chip prices next month.

At XPeng's factory in Guangzhou, China, machines assembled parts, installed electrical circuits and welded it all together. On Tuesday, Chinese electric vehicle company XPeng announced it completed assembly of its Iron humanoid robot. The production of the first Iron robot is a milestone for XPeng as it works toward its ultimate goal of mass production, scheduled to start by the end of the year, according to the company.

An escalating US-Canada trade dispute added to inflation concerns at the start of the holiday-shortened week

Anthropic (ANTH.PVT) may be shifting its IPO launch date to mid-October, according to Reuters. Morning Brief Host Julie Hyman is joined by Yahoo Finance Breaking Business News Reporter Jake Conley and TMX Wall Street Horizon head of corporate event research Christine Short to discuss how the private AI developer now finds its IPO stuck between a rock and a hard place: a public offering in September — a time usually tough for markets — or October, right before the US midterm elections.

GameStop reported higher profit in its latest quarter, boosted by an increase in collectibles sales, and raised its full-year outlook. The videogame retailer on Tuesday posted a second-quarter profit of $298.7 million, or 51 cents a share, compared with $168.6 million, or 31 cents a share, a year earlier. Adjusted earnings per share were 27 cents.

NIO narrowed losses 89% as deliveries surged 49% across its three brands.

Investing.com -- In a note to clients on Tuesday, JPMorgan initiated coverage of FedEx Freight with an Overweight rating and a December 2027 price target of $160, arguing the recent spin-off gives North America's largest less-than-truckload carrier room to improve profitability and service as a stand-alone company.

Stocks fell on Monday as long-dated bond yields continued to climb amid surging oil prices, raising concerns that the Federal Reserve will need to hike rates at its policy meeting next week.

Stocks rose after the monthly jobs report

The companies said the deal will help meet surging demand for consumer broadband and converged services, accelerating Verizon’s push to bring internet access to more homes and businesses across the nation.

Robinhood Markets Inc. will take equity stakes in Crypto.com and its prediction-markets platform spinoff OG.com as part of a multiyear agreement that will add another provider of event contracts to the brokerage’s predictions business.

Sept 8 (Reuters) - Wall Street's main indexes were mixed at open on Tuesday as fresh hostilities in the Middle East pushed oil prices to their highest since late July, while markets await inflation

Investing.com -- Qualcomm Technologies (NASDAQ: QCOM) shares spiked 9.5% following the announcement of a multi-generational collaboration with Amazon to build customized silicon and ultra-fast optical connectivity solutions for AI data centers. Under the agreement, Qualcomm will issue a warrant to Amazon to purchase up to 25 million shares of QCOM common stock, signaling a deep, long-term alignment between the two tech giants. The partnership centers on heavy-duty AI inference workloads and opti

Salesforce just posted an earnings beat that sent the stock surging 34%, but the source of that surprise raises questions every investor should answer before buying in at these levels.

Circle Internet Group Inc. (NYSE:CRCL) said Tuesday it signed a definitive agreement to acquire Singapore-based cross-border payments platform Tazapay. Financial terms of the transaction were not disclosed.The deal is expected to close in 2027. It remains subject to customary conditions and regulatory approvals, including clearance from the Monetary Authority of Singapore.Expands Global Payments ReachTazapay provides business-to-business payment infrastructure to payment service providers and fi

The U.S. government is taking minority equity stakes in D-Wave Quantum, Rigetti Computing, and Quantinuum with a combined $300 million CHIPS Act deal that funds the three companies to scale quantum-computing research.

Investing.com -- Lockheed Martin is poised for stronger and more durable earnings growth than investors currently expect, with rising missile demand, F-35 sustainment and other defense programs supporting a multi-year expansion, UBS said on Tuesday as it upgraded the defense contractor to Buy from Neutral. UBS raised its 12-month price target to $674 from $581, implying about 26% upside from the report's Sept. 4 share price of $524.48. The bank expects the company to deliver a 9% revenue compoun

Global spending on AI infrastructure is expected to reach a whopping $31.6 trillion through 2050, according to projections from PricewaterhouseCoopers. Right now, annual data center capital expenditure lands roughly at $800 billion, but that’s expected to increase to $1.8 trillion in 2050. For one, unlike traditional infrastructure booms—which taper off after the initial build-out—AI infrastructure investment is expected to accelerate, according to PwC’ s Global Data Centre Outlook.

Qualcomm Inc., the largest maker of smartphone processors, said it’s signed up Amazon.com Inc. as a data center chip customer in a deal that will span “multiple generations” and gives Amazon the right to acquire as much as $4 billion in shares.

The deal gives GE Aerospace direct ownership of a key castings supplier serving commercial, defense, and aftermarket engine programs

One Wall Street analyst just put a number on Broadcom that sits far above where the stock trades today.

(Updates with economic data, recent oil price movement, world markets' overview and corporate stock

Tech stock coverage for the week of Sept. 7.

IonQ (NYSE:IONQ) shares rose 5. 8% on Tuesday after the quantum computing company increased its full-year 2026 revenue guidance following the completion of its acquisition of SkyWater Technology.

GE Aerospace (NYSE:GE) said on Tuesday that it has agreed to acquire Consolidated Precision Products from private investment firms Warburg Pincus and Berkshire Partners for $11. 75 billion.

NextEra Energy said it reached a deal with the U.S. Department of Energy, closing on a loan of up to $1.9 billion to support the restart of the company’s Duane Arnold Energy Center in Iowa.

Solaris Energy Infrastructure, Inc. (NYSE:SEI) shares rose 6% on Tuesday after the company increased its Adjusted EBITDA guidance for the third and fourth quarters of 2026 and issued an initial forecast for the first quarter of 2027.

Investing.com -- Morgan Stanley has upgraded Synopsys to Overweight and turned more selective on European semiconductor stocks, citing widening valuation dispersion and signs that the memory cycle is nearing a late-cycle turn.

The Trump administration is loaning as much as $1.9 billion to restart a shuttered NextEra Energy Inc. nuclear power plant in Iowa, part of a broader push to revive the US nuclear industry.