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Broadcom receives Seaport downgrade, as Google and Anthropic AI gains hit peak
Broadcom secured multi-year agreements to supply Google with custom Tensor Processing Units (TPUs) and networking components through 2031. The company also...
Palantir stock rebounds, as Michael Burry deletes bearish social media posts
Palantir stock fell over 6% on April 8, marking its steepest decline in two months. Investor Michael Burry triggered the selloff by suggesting competitor...
Berkshire’s PacifiCorp Overturns Class Action Ruling, Slashing Wildfire Liability Risk
An Oregon appeals court overturned a class action ruling against PacifiCorp, a utility unit of Berkshire Hathaway. The decision addresses litigation involving...
Alibaba Shares Slide, Jefferies Cuts Price Target Over AI Spending
Alibaba shares fell approximately 3% in Hong Kong trading. Jefferies lowered its price target for the US-listed shares to $185 from $212. The firm maintained...
Pimco Shops $14B Oracle Data Center Debt, Fueling AI Infrastructure Race
Pimco is seeking buyers for portions of a $14 billion debt package. The financing supports a large-scale Oracle data center development in Michigan. Bank of...
Amazon shares jump 3.5%, Cantor Fitzgerald raises target on AI and AWS
Amazon shares rose 3.5% after Cantor Fitzgerald raised its price target from $250 to $260. The investment firm maintained an overweight rating on the...
Casey’s General Stores Joins S&P 500, Replacing Hologic in Index Shift
S&P Dow Jones Indices will add Casey’s General Stores (CASY) to the S&P 500. The change becomes effective prior to the opening of trading on April 9, 2026....
Google, Microsoft, and AWS adopt A2A Protocol, standardizing AI agent communication
The Linux Foundation’s A2A (Agent-to-Agent) Protocol reached major adoption milestones on its first anniversary. More than 150 organizations now support the...
ExxonMobil production slides 6%, as Middle East conflict hits LNG
ExxonMobil expects first-quarter global oil-equivalent production to drop approximately 6% compared to the fourth quarter of 2025. War-related outages and...
Tesla Ends Model S and X Production, Pivoting to Optimus Robots
Tesla CEO Elon Musk announced the company is phasing out its flagship Model S and Model X vehicles. Only a few hundred units remain in current inventory....
Nebius Group Eyes AI21 Labs Acquisition, Shares Slide 2%
Nebius Group N.V. is in discussions to acquire the Israeli artificial intelligence startup AI21 Labs. The Information reported the potential deal on April 9,...
Meta Removes Lawyer Ads Seeking Plaintiffs for Social Media Addiction Lawsuits
Meta has begun removing hundreds of advertisements on Facebook and Instagram placed by trial lawyers seeking to recruit clients for lawsuits alleging social...
BMNR Uplists to NYSE and Expands Share Repurchase Program to $4 Billion
Bitmine Immersion Technologies (BMNR) announced its successful uplisting to the New York Stock Exchange (NYSE) and a major expansion of its share repurchase...
US Economic Growth Slows to 0.5 Percent in Fourth Quarter 2025
The United States economy recorded a sharp deceleration in the final quarter of 2025, with Gross Domestic Product growth falling to a rate of 0.5%. This figure...
February PCE Inflation Holds Steady at 2.8 Percent Matching Market Forecasts
The Federal Reserve’s primary inflation gauge, the Personal Consumption Expenditures (PCE) price index, held steady at an annual rate of 2.8% for February....
Adobe Reader hit by zero-day exploit, targeting oil and gas data
Security researchers discovered a zero-day vulnerability in Adobe Reader. Attackers have actively exploited the flaw since December 2025. The sophisticated...
Samsung to invest $4B in Vietnam, fueling AI chip expansion
Samsung Electronics plans to invest $4 billion in a new chip packaging facility in Vietnam’s Thai Nguyen province. The investment aims to meet surging global...
UK Accuses Russia of Attacking Naval and Energy Assets
The United Kingdom has accused Russia of launching a sabotage operation against its navy and critical infrastructure, including pipelines, in the North Sea. In...
CoreWeave Announces Proposed $4.25 Billion in Senior and Convertible Note Offerings
CoreWeave, Inc. announced its intention to offer a combined $4.25 billion in two separate private debt offerings. The company plans to issue $1.25 billion in...
Freedom Holding Corp. Announces It Is Considering a Common Stock Offering in Kazakhstan
Freedom Holding Corp. (FRHC) announced that it is contemplating an offering of its common stock in Kazakhstan. The company is considering the action, but a...