AI

Buried in SpaceX’s amended IPO filing was a major increase in the company’s revolving credit facility. The Elon Musk-led company expanded the facility from $1.5 billion to $5 billion. That’s a 233% jump that significantly boosts the company’s financial flexibility as it...

Investors have spent the last two years chasing AI winners such as Nvidia Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT) and Amazon.com, Inc. (NASDAQ:AMZN). But according to Wedbush analyst Dan Ives, another group may be quietly benefiting from the AI revolution: the cybersecurity companies. As...

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang handed Marvell Technology Inc. (NASDAQ:MRVL) one of the most powerful endorsements in recent semiconductor history Monday, declaring the chipmaker the “next trillion-dollar company” during a joint appearance at Computex in Taipei — and Wall...

Google-parent Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) $80 billion AI fundraising effort may be one of the most important signals yet about the economics of artificial intelligence. After all, Alphabet isn’t short on cash. The company ended the first quarter with roughly $126...

Anthropic has confidentially submitted a draft registration statement on Form S-1 to the SEC, putting the AI company on a path toward a potential public offering — and igniting what Wedbush analyst Dan Ives is calling a full-on race to Wall Street. AVGO stock is moving. See the chart and price...

Shield AI is facing a lawsuit that accuses a senior official of "profane, egregious" sexual harassment as well as alleged fraud and safety misconduct involving other employees. Jacob Miller is suing Shield AI after he was put on "retaliatory administrative leave" in December. Miller says that...

Shares of Super Micro Computer Inc. (NASDAQ:SMCI) and Dell Technologies Inc. (NYSE:DELL) are moving higher in Monday’s extended session, riding the coattails of a blowout earnings report from Hewlett Packard Enterprise (NYSE:HPE) that sent a clear signal: enterprise AI infrastructure spending...

Penguin Solutions Inc (NASDAQ:PENG) shares are rising in extended trading Monday after the company announced a CFO transition and provided an update on its full-year outlook. Penguin Solutions shares are testing new highs. Why is PENG stock breaking out? Penguin Solutions Announces CFO Transition...

Microchip Technology Inc. (NASDAQ:MCHP) shares climbed in Monday’s extended trading after the chipmaker dropped a closely-watched press release breaking out its Data Center Solutions Business Unit revenue for the first time with specificity — and the numbers are hard to ignore....

Hewlett Packard Enterprise Co. (NYSE:HPE) shares soared after the company posted its second-quarter results after Monday’s closing bell, beating analyst estimates on the top and bottom lines.   Here's a look at the details inside the report.  HPE stock is moving. Watch the...

GraniteShares expanded its lineup of single-stock autocallable ETFs with the launch of two new funds that provide exposure to structured income strategies tied to two closely-watched companies—Super Micro Computer Inc (NASDAQ:SMCI) and MARA Holdings Inc (NASDAQ:MARA). The funds — GraniteShares...

Investors typically don’t celebrate when a key supplier raises prices. But Nvidia Corp (NASDAQ:NVDA) shareholders may have a reason to view the latest report out of Taiwan differently. According to a report from Taiwan’s Commercial Times, Taiwan Semiconductor Manufacturing Company Ltd...

Just 12 days after SpaceX filed its S-1 registration statement with the U.S. Securities and Exchange Commission, another private-market giant has taken its first formal step toward the public markets. Anthropic announced Monday that it has confidentially submitted a draft registration statement on...

Hewlett Packard Enterprise Co. (NYSE:HPE) reports second-quarter results tonight after the bell, and the timing couldn’t be more electric.  Shares are already surging 6.92% on the day, trading at $46.05 — nearly kissing a new 52-week high of $46.40 — as investors front-run what they hope...

Snowflake Inc. (NYSE:SNOW) just put up one for the record books. The data cloud giant rocketed 87.3% in May — from an April 30 close of $136.47 to a May 29 finish of $255.55 — its best single-month performance in company history.  SNOW stock is moving. See the chart and price action here....