Talen Energy stock is surging after expanding its carbon-free nuclear power deal with Amazon. The Susquehanna plant will now power AWS data centers with 1,920 megawatts through 2042.
Marvell Technology (NASDAQ: MRVL) announced a custom UALink scale-up offering for custom AI compute platforms, enabling efficient and scalable interconnects between AI accelerators and switches. MRVL stock was up 0.97% to $69.46 at last check.
Nvidia announces collaborations with European countries and companies to build world's first industrial AI cloud, including partnerships with software vendors and cloud providers.
In a recent survey, a majority of CEOs have expressed confidence in the U.S. economy, with a notable decrease in the number of business leaders anticipating a recession this year.
Gary Black, a seasoned Wall Street investor, has made a significant shift in his investment strategy. Black, who recently sold off his remaining shares in Tesla Inc. (NASDAQ: TSLA), is now focusing on what he sees as major opportunities in big tech.
Apple executives Craig Federighi and Greg Joswiak explained the delay of the Siri upgrade, emphasizing that reliability was prioritized over meeting the initial deadline to ensure a higher-quality product.
Over the past six months, First Financial Bancorp’s stock price fell to $24.41. Shareholders have lost 16.7% of their capital, disappointing when considering the S&P 500 was flat. This was partly due to its softer quarterly results and might have investors contemplating their next move.
Arbor Realty Trust’s stock price has taken a beating over the past six months, shedding 26.8% of its value and falling to $10.45 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
David Sacks, the White House AI czar, downplayed AI chip smuggling concerns, warning that over-regulation of U.S. exports could stifle innovation and give China an edge in the global AI race.
