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Alphabet (NASDAQ:GOOGL) Unveils Brazos Cooling System for AI Data Centers

Alphabet Inc. (NASDAQ:GOOGL) said Google has developed Brazos, a rack-mounted, closed-loop liquid-to-air cooling system for artificial intelligence and high-performance computing infrastructure.

Nitish Kishor | 16 June 2026

Amkor Technology (NASDAQ:AMKR) Jumps 5% on 10-Year TSMC Packaging Deal

Amkor Technology, Inc. (NASDAQ:AMKR) shares climbed during Tuesday trading after the semiconductor packaging and testing company announced a long-term partnership with Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM).

Nitish Kishor | 16 June 2026

Applied Materials (NASDAQ:AMAT) Partners With EssilorLuxottica on AR Smart Glasses

Applied Materials, Inc. (NASDAQ:AMAT) announced a long-term joint development agreement with EssilorLuxottica to accelerate next-generation optical systems for augmented reality and AI-powered smart glasses.

Nitish Kishor | 16 June 2026

Applied Materials (NASDAQ:AMAT) Slips 1% Despite Smart Glasses and AI Chip Updates

Applied Materials, Inc. (NASDAQ:AMAT) shares moved lower during Tuesday trading even after the semiconductor-equipment company announced two separate product and partnership updates tied to artificial intelligence, advanced displays and next-generation chip manufacturing.

Nitish Kishor | 16 June 2026

Eli Lilly (NYSE:LLY) Acquires 4E Therapeutics to Expand Non-Opioid Pain Pipeline

Eli Lilly and Company (NYSE:LLY) acquired 4E Therapeutics, an Austin-based neuroscience company developing non-opioid treatments for chronic pain, the companies said Monday.

Nitish Kishor | 16 June 2026

Oncolytics Biotech (NASDAQ:ONCY) Jumps 10% as Pelareorep Patent Extends Protection to 2044

Oncolytics Biotech Inc. (NASDAQ:ONCY) shares climbed during Tuesday trading after the clinical-stage biotechnology company announced a new US patent covering the commercial manufacturing process for pelareorep.

Nitish Kishor | 16 June 2026

Rivian (NASDAQ:RIVN) Partners With ChargeScape to Expand EV Battery Grid Use

Rivian Automotive, Inc. (NASDAQ:RIVN) and ChargeScape announced a partnership on Tuesday to connect Rivian electric vehicle batteries with utility managed-charging programs across North America.

Nitish Kishor | 16 June 2026

Rivian (NASDAQ:RIVN) Falls 5% as Layoffs Offset ChargeScape Partnership

Rivian Automotive, Inc. (NASDAQ:RIVN) shares fell Tuesday after the electric vehicle maker said it was laying off hundreds of workers as part of a restructuring effort aimed at improving profitability.

Nitish Kishor | 16 June 2026

US Import Prices Surge 1.9% in May, Hitting Largest Annual Rise in Nearly Four Years

US import prices rose 1.9% in May from April, according to official government data released June 16, 2026, matching the revised increase recorded the prior month. The reading came in well above market forecasts of a 1% gain, with year-on-year import price inflation reaching …

Nitish Kishor | 16 June 2026

US Housing Starts Plunge 15.4% in May to Six-Year Low as Mortgage Rates Curb Builder Activity

US housing starts fell to their lowest level in six years in May 2026, declining 15.4% from a revised April pace of 1.39 million to a seasonally adjusted annual rate of 1.18 million. The figure missed market expectations of approximately 1.43 million by a …

Nitish Kishor | 16 June 2026
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