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News
SoftBank Shares Plunge 13%, Completely Erasing Last Week's Gains as OpenAI 2026 IPO Hopes Fade
3+ hour, 31+ min ago (584+ words) SoftBank Group shares plunged up to 13% on Monday (September 14), erasing previous gains after OpenAI CEO Sam Altman ruled out a 2026 initial public offering. The delay intensifies Wall Street concerns regarding extended monetization timelines for heavy artificial intelligence capital expenditures. As…...
Anthropic Strikes $13.7 Billion Deal With Trump-Linked Rum Group: Can It Drive IPO Valuation Higher?
4+ hour, 40+ min ago (489+ words) Anthropic has secured a six-year, $13.7 billion AI computing power procurement agreement with RUM Group, backed by U.S. President Donald Trump, to support Claude models and enterprise expansion ahead of its IPO. While this political and business alliance enhances prospects for lucrative…...
Meta Stock Surges on Muse AI Launch as $659 Breakout Comes Into Focus
3+ day, 18+ hour ago (861+ words) The success of Muse could validate their move away from ad based products and services to something more AI related. Given that investors have been staying on the sidelines until AI based products were available, the adoption of Muse will…...
BNB (BNBUSD) Is down 1.41% on Sep 10: What Do On-Chain Data and Market Sentiment Show?
4+ day, 2+ hour ago (460+ words) TradingKey BNB (BNBUSD) Is down 1.41% on Sep 10: What Do On-Chain Data and Market Sentiment Show? BNB (BNBUSD) is down 1.41% at Sep 10 00:00(ET), now at $721.6, with a 7-day down of 0.08%. What is driving BNB (BNBUSD)’s stock price down today? The…...
Meta’s Core AI Strategy Suffers Setback as Top Researcher Andrew Tulloch Departs, Sparking Talent Loss Concerns
4+ day, 4+ hour ago (494+ words) Top Meta AI researcher Andrew Tulloch has resigned less than a year after returning to the company on a massive compensation package, dealing a setback to Mark Zuckerberg’s high-stakes artificial intelligence strategy. Tulloch’s departure—following similar exits at Anthropic—threatens…...
Applied Materials Stock Breaks Wedge as Rising Fab Forecasts Put $493 in Focus
4+ day, 15+ hour ago (844+ words) Applied Materials reported fiscal Q3 revenue of $9.12 billion, up 25% year over year. GAAP gross margin reached 50.3%, non-GAAP gross margin was 50.4%, and non-GAAP EPS rose 41% to a record $3.50. The company also generated record quarterly operating cash flow of $3.04 billion. What stands out…...
Tesla Stock Holds Rising Channel as Cybercab and FSD Progress Put $369 Breakout in Focus
4+ day, 16+ hour ago (838+ words) The biggest most recent concern is the self-certification of Cybercabs (around 1000 total) by Tesla to NHTSA. NHTSA has opened an investigation into Tesla’s self-certification of up to roughly 1,000 Cybercabs. The self-certification of vehicles without steering wheels, pedals, and mirrors raises…...
Intel Stock Surges 9% as High-NA EUV Breakthrough Puts $106 in Focus
4+ day, 18+ hour ago (556+ words) This is important because Intel’s roadmap for continued process leadership has taken much of the focus to support the company’s turnaround plan. High-NA deployment in production brings a segment of that plan to manufacturing, at a minimum. Reuters noted that…...
Intel Stock Price Forecast: INTC Surges Over 9% to Cross $100 Mark, Can Bulls Push to New Highs?
5+ day, 32+ min ago (152+ words) TradingKey - Intel Surges Over 9% to Break $100, Can the Stock Reach a New High? On September 8 Eastern Time, the three major U.S. stock indices generally moved lower, but Intel (INTC) staged a strong rebound against the trend, surging 9.05% to stand at $104.47, not…...
Anthropic Core Researcher Jacob Coxon Suddenly Resigns and Leaves Industry as Company Faces Critical IPO Period
5+ day, 5+ hour ago (518+ words) Core researcher Jacob Coxon’s sudden resignation and exit from the AI industry on September 8, Eastern Time, threatens Anthropic’s pre-training efficiency for models like Claude 4 ahead of its IPO. Coxon’s warning that tech giants are rushing to build uncontrollable systems severely…...