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Oracle (NYSE:ORCL) has reinvented itself from a database software giant into one of the biggest builders of cloud capacity for artificial intelligence. On Friday, that reputation paid off. Shares jumped and finished among the top dozen performers in the S&P 500. No Oracle-specific announcement …
Super Micro Computer (NASDAQ:SMCI) was one of the biggest gainers in the S&P 500 on Friday after NetApp unveiled a partnership around jointly validated AI infrastructure. Super Micro, the San Jose server maker that builds the racks housing AI chips, had a big Friday. …
Seagate Technology (NASDAQ:STX) has been one of the great winners of the AI era, as data centres scrambled to buy high-capacity hard drives to store the mountains of data AI generates. On Friday, a single report from Asia knocked it to the bottom of …
Teradyne (NASDAQ:TER) finished Friday as the single best performer in the S&P 500 after a weak September payrolls number cooled fears of another Federal Reserve hike and sent semiconductor stocks racing higher. Teradyne, the company whose machines test chips before they are shipped into …
Nvidia's board authorized an additional USD 150 billion of share repurchases on September 28, lifting the total remaining authorization to USD 235 billion, according to the company's announcement. Reports tie the program to fiscal 2028. On October 2, Nvidia (NASDAQ:NVDA) touched an intraday record …
Seagate Technology (NASDAQ:STX) took the sharpest hit on October 2, falling about 10% to roughly USD 849.79. Reports said a major Japanese rival plans to double its hard-disk output by fiscal 2027, including a plant in the Philippines, aiming at AI data centers and …
The board increased the repurchase authorization by USD 150 billion, which the company described as the largest increase in history. Our calculation shows that on top of an existing authorization of about USD 85 billion, the total reaches roughly USD 235 billion, to be …
The September employment report showed payrolls up 29,000, far below the 84,000 to 90,000 range forecasters had pencilled in, with the unemployment rate at 4.2%. Our calculation puts the miss at 55,000 to 61,000 jobs. Markets had been debating whether the Federal Reserve might …
TotalStablecoinsupply passed USD 310 billion, with roughly USD 1 billion added over 72 hours. Our calculation converts that to about USD 333 million per day. Over the 90-day third quarter, USDC grew USD 881 million, RLUSD USD 765.3 million, USDT USD 474.2 million and …
Reports on Oct 2 said Toshiba, which is listed outside the US, intends to double its hard-disk-drive output by fiscal 2027, including capacity at a plant in the Philippines. The company is reportedly targeting AI data centers and a 30% share of industry capacity. …
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