Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Starlink Seen as Bigger Threat to Cable Broadband Than Wireless, Morgan Stanley Says
Morgan Stanley slashed price targets for Comcast, Charter, and major wireless carriers, but says Starlink's growth will hit cable broadband
BofA: Adobe's AI Monetization Still Below 2% of Recurring Revenue
Bank of America Securities has restarted coverage of Adobe with an underperform rating, citing that the company's generative AI upgrades hav
Big Tech Turns to Debt Markets as AI Infrastructure Spending Nears $700 Billion
Amazon, Alphabet, and Meta are tapping bond markets and equity to finance a massive wave of AI data centers. Total spending could exceed $70
Amazon Taps Bond Market for $25 Billion to Fuel AI Infrastructure Build-Out
Amazon is raising at least $25 billion through an eight-part bond sale to finance its AI infrastructure expansion. The move lets the tech gi
RBC Sees Marvell's AI Networking Growth Extending Through 2027
RBC Capital Markets says Marvell can keep growing more than 40% a year for the next three years. The bank cites AWS as an anchor for its cus
Onsemi Sells Two Chip Fabs, Targets $35 Million in Annual Savings
Onsemi is selling two chipmaking facilities as part of its cost-cutting strategy. The deals are expected to close over the next few months a
Amazon Now's Fastest Growth Comes from Brazil's Fresh Food Delivery
Amazon's quick-commerce service, Amazon Now, is seeing its fastest growth in Brazil, driven by strong demand for fresh and frozen groceries.
DeepSeek Develops Custom AI Chip to Reduce Reliance on Nvidia and Huawei
DeepSeek is building a custom AI inference chip to reduce reliance on Nvidia and Huawei as US export controls tighten. The move could reshap
Australia's Under-16 Social Media Ban Hits Age Verification Hurdle
Australia's law banning under-16s from social media faces a practical challenge: platforms aren't consistently verifying ages. Testing firm
SpaceX Joins Nasdaq-100 Just 15 Days After IPO, Triggering $4.3 Billion in Index Fund Buying
SpaceX will join the Nasdaq-100 on Tuesday, only 15 days after its June 12 IPO. Index funds tracking the benchmark must buy shares, potentia
Synopsys Phases Out Fab Software to Focus Engineers on Higher-Margin AI Design
Synopsys told more than 10 chipmakers it will stop updating certain factory software. The company is redeploying engineers to higher-margin
China's 618 Phone Sales Drop 13% as Higher Memory Costs Limit Discounts
China's 618 shopping festival saw smartphone sales fall 13% year-on-year, according to Counterpoint Research. Higher memory component costs