Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
CoreWeave Explores Put Options to Hedge Against Falling Chip Prices
CoreWeave is exploring put options on memory-chip stocks to hedge against falling DRAM and flash storage prices. The move aims to offset ris
OpenAI's First Gadget: A Screen-Free AI Companion That Sees You
OpenAI is reportedly developing its first consumer gadget: a screen-free smart speaker with a camera and sensors. The device aims to be an a
Morgan Stanley Says Netflix Engagement Fears Overblown Ahead of Q2 Earnings
Morgan Stanley lowered its Netflix price target to $90 from $115 but says market fears about subscriber churn and engagement are overdone. T
Oppenheimer Sees IBM Raising Revenue Forecast on Strong Software Renewals
Oppenheimer predicts IBM will raise its full-year constant-currency revenue growth outlook to at least 6% when it reports Q2 results. The op
TYLSemi Raises $43M to Build Open-Standard AI Chiplets, Challenging Proprietary Lock-In
TYLSemi, a startup led by former AlphaWave executives, raised $43 million to build open-standard chiplets for AI chips. The funding aims to
Pure Data Centres Plans €1.5 Billion Finland Campus, Microsoft Eyed as Tenant
Pure Data Centres, backed by Oaktree Capital, plans a €1.5 billion first phase of a data center campus in Finland. The 110 MW phase is fully
Data Center Operator Switch Eyes $10 Billion IPO, Taps Goldman and JPMorgan
Switch is preparing a potential $10 billion IPO as soon as the fourth quarter, targeting an $80 billion valuation. The listing would be one
Tesla's Q2 Delivery Strength Meets a Bigger AI Test on July 22
Tesla's strong Q2 deliveries set up a decent quarter, but Morgan Stanley warns that July 22 earnings will focus on robotaxi and Optimus mile
DeepSeek Targets $71 Billion Valuation, Eyes IPO as AI Chip Plans Emerge
DeepSeek is already sounding out investors for another fundraising round at a roughly $71 billion valuation, just weeks after raising $7 bil
Portugal to Data Centers: Prove Local Benefits Before Getting Power
Portugal is taking a cautious approach to the data center boom. Lisbon says it will back new projects only if they deliver clear productivit
IBM's AI Spending Shift Sends Shares Down 20%, Software ETF Tumbles 4%
IBM's downbeat revenue forecast, driven by a late-June shift in client spending toward AI infrastructure, sent its shares down 20% premarket
AI Startup Reflection Signs $1B+ Deal for Nvidia Chips, Betting on Open-Source Models
Reflection AI has locked in over $1 billion worth of computing power from Nebius, including Nvidia's latest chips. The deal underscores the