technology News
Microsoft rises 1% on Nvidia nuclear AI deal
Bank of America reinstates coverage with $500 target as partnership targets carbon-free energy deployment
Amazon acquires Fauna Robotics to enter consumer humanoid market
Move shifts focus from warehouse automation to home robots, positioning Amazon against Tesla in emerging personal robotics space
Arm surges 13% on first in-house chip targeting $15B revenue by 2031
Strategic shift from licensing to silicon manufacturing puts chip designer in direct competition with clients
Intuitive Machines tumbles 12% as NASA scraps orbital space station plans
Space agency pivots to $20 billion lunar surface base, disrupting revenue expectations for contractors
Palantir slides 3.8% on Golden Dome defense partnership
Investors appear to underprice $185B missile defense opportunity despite analysts' bullish stance on defense growth
Micron slides 2% as rival SK Hynix plans US listing
Korean memory giant's $10B ADR offering intensifies competition in high-bandwidth AI chip market
Nvidia commits $30 billion to OpenAI in record AI funding round
Chipmaker's largest single investment deepens strategic partnership with ChatGPT creator as data center demand surges
Oracle slides 4.7% despite OpenAI's $300 billion cloud commitment
Massive multi-year spending deal offers transformative revenue visibility as execution concerns weigh