Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Corning's AI fiber optics growth strong but Q3 outlook disappoints Wall Street
Corning's AI-linked optical fiber business continues to grow, with second-quarter revenue beating forecasts. However, a weaker-than-expected
AI chip stocks slip as Big Tech earnings raise questions about spending payoff
AI chip stocks including Nvidia, Micron, and TSMC slipped in premarket trading Tuesday. Investors are questioning whether hundreds of billio
RedNote's Hong Kong IPO faces scrutiny over VIE structure
A former employee's complaint is pushing Hong Kong regulators to scrutinize the variable interest entity (VIE) structure many Chinese tech f
Nvidia reportedly behind Hut 8's $50 billion Texas data center lease
The Financial Times reports Nvidia is the tenant behind Hut 8's $50 billion Texas data center lease. The 15-year deal, built for large-scale
China chip and AI stocks slide as investors rethink the AI trade
China's mainland chip and AI stocks dropped at the midday break as investors weigh the costs of AI buildouts and China's ability to ramp chi
Apple's Next CEO Commits to TV Push as Cook Passes the Baton
Apple's incoming CEO John Ternus plans to keep Apple TV+ a priority, citing its momentum. Tim Cook points to the Formula 1 deal as a bluepri
Zhongji Innolight prices Hong Kong IPO at HK$980, raising $6.8 billion
Zhongji Innolight, a Chinese maker of optical transceivers used in AI data centers, priced its Hong Kong IPO at HK$980 per share, raising HK
Applied Digital's AI Data Centers Drive 407% Revenue Surge
Applied Digital's revenue soared 407% to $258.7 million, beating analyst estimates by a wide margin. The growth came from long-term colocati
Cadence lifts 2026 outlook as AI chip design demand surges
Cadence Design Systems raised its 2026 revenue and profit targets, citing strong demand for its AI-driven chip-design software. Quarterly sa
Nvidia may back OpenAI's $500 billion Ohio data center lease
OpenAI wants to lease a $500 billion data center in Ohio, but its credit is weak. Nvidia, with strong finances, may back the deal. This high
Chinese memory chip maker CXMT surges 535% in Shanghai debut, challenging global giants
Chinese DRAM maker CXMT saw its shares spike as much as 535% on its Shanghai debut, briefly becoming the most valuable company on China's ma
Wise Eyes Stablecoin Route After US Trust Charter Denial, UBS Says
Wise's bid for a US national trust charter was denied due to compliance issues. UBS suggests the company could instead pursue stablecoin-bas