Alphabet Inc. ’s Google recently placed an order with Intel Corp. to manufacture more than 3 million of its specialized AI chips in 2028, the Information reported, citing two unnamed sources. Google decided to tap Intel to make some of its tensor processing units, TPUs for short, after months of testing the chipmaker’s technology, the Information said Monday. The media outlet reported that Intel i...
Alphabet Inc. ’s Google recently placed an order with Intel Corp. to manufacture more than 3 million of its specialized AI chips in 2028, the Information reported, citing two unnamed sources. Google decided to tap Intel to make some of its tensor processing units, TPUs for short, after months of testing the chipmaker’s technology, the Information said Monday. The media outlet reported that Intel is receiving orders from firms like Google as the Taiwanese chipmaker Taiwan Semiconductor Manufacturing Co. struggles to keep up with demand for its manufacturing capacity. Intel shares soared 14% on the news to $113.20 in premarket trading at 9:12 a.m. New York time. Intel shares recently hit a record after the chipmaker delivered a sales forecast that shattered Wall Street expectations, showing that it’s finally benefiting from a boom in AI spending. The upbeat outlook suggests Chief Executive Officer Lip-Bu Tan is making progress on a once-improbable turnaround. After lining up major investments in Intel last year — helping to strengthen the company’s balance sheet — he’s now delivering on a promise to improve operations. Nvidia Corp. is also testing whether Intel’s technology can be used to make a forthcoming processor that combines four graphics chips into a single unit, the Information said, citing two unnamed sources. Read More: Intel CEO Who Won Over Trump and Musk Now Needs a Breakthrough Google has emerged as one of the most successful makers of in-house AI chips in an industry dominated by Nvidia. The company’s TPUs have become a hot commodity in Silicon Valley in recent months, and the company is looking to build on that momentum with the latest versions. Nvidia’s graphics processing units, or GPUs, remain the gold standard for AI, particularly for training more advanced models. But a growing number of up-and-comers are vying to take on the chipmaker for inference uses, including by offering chips meant to cut down response times for chatbots and AI agents. Read...
Meta Just Crushed Earnings. So Why Does Wall Street Keep Selling the Stock? Yahoo Finance Meta Considers Raising Billions in Share Sale, FT Reports Bloomberg Meta weighs big equity raising after blockbuster Google deal Financial Times Morgan Stanley flags four emerging products to turn Meta into an ’AI winner’ Investing.com $Meta Platforms(META.US)$ shares fell more th Moomoo Meta Stock Turns $1,0...
Meta Just Crushed Earnings. So Why Does Wall Street Keep Selling the Stock? Yahoo Finance Meta Considers Raising Billions in Share Sale, FT Reports Bloomberg Meta weighs big equity raising after blockbuster Google deal Financial Times Morgan Stanley flags four emerging products to turn Meta into an ’AI winner’ Investing.com $Meta Platforms(META.US)$ shares fell more th Moomoo Meta Stock Turns $1,000 Into $5,300 in 10 Years But Did It Beat The S&P 500? 24/7 Wall St. META Stock Drops Nearly 7% In Afternoon Trading — Here’s What’s Driving The Selloff Stocktwits Meta stock drops after report says company weighs AI funding share sale TradingView Meta Platforms (META) Declines More Than Market: Some Information for Investors Yahoo Finance
Shares of Wolfspeed ( WOLF ) jumped over 13% premarket on Monday after the chipmaker entered a Memorandum of Understanding (MOU) with GE Aerospace ( GE ) to accelerate the adoption of high-voltage silicon carbide. Under the MOU, the companies plan to develop standards for high-voltage silicon carbide-based power modules to support solid-state transformers, industrial electrification, and next-gene...
Shares of Wolfspeed ( WOLF ) jumped over 13% premarket on Monday after the chipmaker entered a Memorandum of Understanding (MOU) with GE Aerospace ( GE ) to accelerate the adoption of high-voltage silicon carbide. Under the MOU, the companies plan to develop standards for high-voltage silicon carbide-based power modules to support solid-state transformers, industrial electrification, and next-generation aerospace & defense platforms while strengthening supply chain resilience. "As AI, electrification, and defense platforms push power demands higher and timelines shorter, GE Aerospace and Wolfspeed are uniquely positioned to deliver the high-voltage silicon carbide building blocks the market needs," said Robert Feurle, CEO at Wolfspeed. The companies added that the scope of the MOU “aligns with the United States Government’s stated priorities of accelerating critical technologies for achieving faster time-to-power for strategic markets such as artificial Intelligence.” More on Wolfspeed, Inc., GE Aerospace General Electric Company (GE) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript General Electric Company (GE) Presents at Bernstein 42nd Annual Strategic Decisions Conference - Slideshow GE Aerospace: Why The War In Iran Just Isn't That Bullish, And Technical Trouble United CEO blasts Rolls-Royce over contract dispute, questions supplier commitment Most and least shorted tech stocks over $2B market cap as of May
Europe’s imports of diesel and jet fuel stagnated for a second month in May, piling pressure on regional energy supplies as the Iran war grinds on. Shipments into the European Union and UK totaled just 1.16 million barrels a day last month, down by more than a third from a year earlier, according to data from Vortexa compiled by Bloomberg. That’s a slight uptick from April, when arrivals of 1.09m ...
Europe’s imports of diesel and jet fuel stagnated for a second month in May, piling pressure on regional energy supplies as the Iran war grinds on. Shipments into the European Union and UK totaled just 1.16 million barrels a day last month, down by more than a third from a year earlier, according to data from Vortexa compiled by Bloomberg. That’s a slight uptick from April, when arrivals of 1.09m b/d were the lowest for any month since at least 2015. Europe doesn’t make enough diesel or jet fuel itself to meet domestic demand and so relies on imports, a large chunk of which usually come from the Middle East. But ongoing disruption to shipping via the Strait of Hormuz — the vital waterway connecting energy infrastructure inside the Persian Gulf to the rest of the world — is stifling those flows, squeezing supplies and putting upward pressure on prices.
Cyrille Jacquemet, Chief Revenue Officer of Ouster (NASDAQ:OUST) , reported the sale of 9,433 directly-held shares of common stock for a transaction value of approximately $377,000 on May 26, 2026, according to a SEC Form 4 filing . Transaction and post-transaction values based on SEC Form 4 reported price ($40.00). * 1-year price change calculated using May 26, 2026 as the reference date. Continu...
Cyrille Jacquemet, Chief Revenue Officer of Ouster (NASDAQ:OUST) , reported the sale of 9,433 directly-held shares of common stock for a transaction value of approximately $377,000 on May 26, 2026, according to a SEC Form 4 filing . Transaction and post-transaction values based on SEC Form 4 reported price ($40.00). * 1-year price change calculated using May 26, 2026 as the reference date. Continue reading
Fox Corporation ( FOX ) ( FOXA ) inked a new multi-year deal with the NFL that will make it the home for a broad slate of live NFL games in Mexico starting with the 2026 season. The package includes Thursday Night Football, Sunday regular-season games every week, all Thanksgiving Day games, every NFC playoff matchup, the Pro Bowl Games, and the Super Bowl each season covered by the deal. Under the...
Fox Corporation ( FOX ) ( FOXA ) inked a new multi-year deal with the NFL that will make it the home for a broad slate of live NFL games in Mexico starting with the 2026 season. The package includes Thursday Night Football, Sunday regular-season games every week, all Thanksgiving Day games, every NFC playoff matchup, the Pro Bowl Games, and the Super Bowl each season covered by the deal. Under the agreement, Fox Corporation ( FOX ) ( FOXA ) will distribute games and NFL content across multiple platforms in Mexico, including linear channels Fox and Fox+, streaming via Fpx One, and select programming on FOX on Tubi. The company's aim is to create a complete NFL experience for Mexican audiences. Beyond live game broadcasts, Fox ( FOX ) ( FOXA ) will produce hundreds of hours of NFL content, including four weekly original shows tailored specifically to Mexican fans. Two of those weekly programs will focus on fantasy football, with formats emphasizing analysis, entertainment, current news, and ongoing engagement that extends beyond game days. "Mexico is a market with an enormous passion for football, and we are proud to offer fans a sizeable NFL package in the country, with a robust content experience designed to engage audiences throughout the entire year," highlighted Fox Latin America EVP Carlos Martínez/ More on Fox Fox Corporation (FOXA) Presents at MoffettNathanson's Media, Internet & Communications Conference Transcript Fox Corporation (FOXA) Q3 2026 Earnings Call Transcript Fox Corporation: The Market Is Still Missing The Real Value Media stocks are in the spotlight as the World Cup approaches Earnings Scoreboard: 7 out of 9 key S&P 500 reporting firms deliver clean EPS beats and growth