Meta’s decision to make its in-house chip could be a boon for Applied Materials, Lam Research, and KLA, which all make equipment that turns raw silicon wafers into microchips.
Meta’s decision to make its in-house chip could be a boon for Applied Materials, Lam Research, and KLA, which all make equipment that turns raw silicon wafers into microchips.
GlobalWafers deepens long-term strategic collaboration with Micron to strengthen U.S. semiconductor supply chain and critical materials supply resilience North Texas e-News
GlobalWafers deepens long-term strategic collaboration with Micron to strengthen U.S. semiconductor supply chain and critical materials supply resilience North Texas e-News
Germany is buying US Tomahawk missiles even as Europe races to build its own defense industry. Bloomberg Economics' Becca Wasser joins Open Interest to explain why America is prioritizing its own missile stockpiles, why Europe still depends on U.S. weapons, and how China's industrial strength is reshaping the global military balance. (Source: Bloomberg)
Germany is buying US Tomahawk missiles even as Europe races to build its own defense industry. Bloomberg Economics' Becca Wasser joins Open Interest to explain why America is prioritizing its own missile stockpiles, why Europe still depends on U.S. weapons, and how China's industrial strength is reshaping the global military balance. (Source: Bloomberg)
primeimages/iStock via Getty Images By JJ Kinahan It looks like it could be another day of intraday volatility in trading. The three major indices are trying to stay on an upward climb in the early going as investors try to wrap their heads around the rocky geopolitical tensions in the Middle East while largely discounting the action there. The U.S. and Iran continued to trade overnight strikes fo...
primeimages/iStock via Getty Images By JJ Kinahan It looks like it could be another day of intraday volatility in trading. The three major indices are trying to stay on an upward climb in the early going as investors try to wrap their heads around the rocky geopolitical tensions in the Middle East while largely discounting the action there. The U.S. and Iran continued to trade overnight strikes for the second time in a row, with what looks like little effort to end the escalation. After yesterday’s rickety day, today looks a little calmer to start, but remember so much can happen throughout a session. Crude oil prices are jumping around again amid reports of limited traffic going through the Strait of Hormuz. WTI crude was up nearly 1% and approaching $74 a barrel early on before reversing course, falling 0.69% to just above $73 a barrel, flirting with the $72 range. To start the day, the Dow Jones Industrial Average is hugging the flat line, dipping slightly above and under it, while the S&P 500 Index is edging higher by 0.31%. The Nasdaq Composite —which saw deep dives yesterday before inching into positive territory at the close — is strengthening again, up 0.51%. We typically see this kind of summer trading in July, with lower volumes as folks take vacations and the like. What is surprising is that investors appear to be overlooking much of the friction in the Middle East. Tech stocks were on an upward climb, with Micron ( MU ) shares trading higher by 6.5%, Marvell Technology ( MRVL ) gaining 6%, Broadcom ( AVGO ) up 3.7%, and Advanced Micro Devices ( AMD ) tracking up by 3.9%. Software stocks aren’t trading as well. Microsoft ( MSFT ) and IBM ( IBM ) shares were in a freefall early on after Bloomberg reported that Starbucks ( SBUX ) was developing in-house tools — aided unsurprisingly by artificial intelligence — that would replace the Microsoft and IBM inventory and management tools the company currently uses. Some of those Starbucks systems could roll out be...
Looking at the universe of stocks we cover at Dividend Channel, on 7/13/26, CF Bankshares Inc (Symbol: CFBK) will trade ex-dividend, for its quarterly dividend of $0.09, payable on 7/21/26. As a percentage of CFBK's recent stock price of $31.15, this dividend works out to appro
Looking at the universe of stocks we cover at Dividend Channel, on 7/13/26, CF Bankshares Inc (Symbol: CFBK) will trade ex-dividend, for its quarterly dividend of $0.09, payable on 7/21/26. As a percentage of CFBK's recent stock price of $31.15, this dividend works out to appro
Looking at the universe of stocks we cover at Dividend Channel, on 7/10/26, Morningstar Inc (Symbol: MORN) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 7/31/26. As a percentage of MORN's recent stock price of $162.31, this dividend works out to approx
Looking at the universe of stocks we cover at Dividend Channel, on 7/10/26, Morningstar Inc (Symbol: MORN) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 7/31/26. As a percentage of MORN's recent stock price of $162.31, this dividend works out to approx
In early trading on Thursday, shares of Honeywell International topped the list of the day's best performing Dow Jones Industrial Average components, trading up 7.5%. Year to date, Honeywell International registers a 42.2% gain. And the worst performing Dow component thus far
In early trading on Thursday, shares of Honeywell International topped the list of the day's best performing Dow Jones Industrial Average components, trading up 7.5%. Year to date, Honeywell International registers a 42.2% gain. And the worst performing Dow component thus far
sezer66/iStock via Getty Images Fortuna Mining ( FSM ) expects to receive the final permit for its Diamba Sud gold project in Senegal within weeks , CEO Jorge Ganoza told Reuters on Thursday, adding the country could become a major regional mining hub with government support. Senegal had approved Diamba Sud's environmental and social impact assessment within nine months - while such approvals in ...
sezer66/iStock via Getty Images Fortuna Mining ( FSM ) expects to receive the final permit for its Diamba Sud gold project in Senegal within weeks , CEO Jorge Ganoza told Reuters on Thursday, adding the country could become a major regional mining hub with government support. Senegal had approved Diamba Sud's environmental and social impact assessment within nine months - while such approvals in Peru, Mexico, and parts of North America can take years - and "we're only now waiting for our final construction permit, which we expect should come in a matter of weeks," Ganoza said in the interview. Fortuna ( FSM ) is placing orders for critical equipment ahead of a final construction decision to lock in delivery schedules at a time of tightening mining supply chains, the CEO said. The miner plans to spend nearly $400M to develop Senegal's Diamba Sud project, targeting first gold in 2028 and peak production of ~230K oz/year. The company's feasibility study estimates the project could generate a ~60% internal rate of return and ~$1B net present value based on a $3,500/oz gold price. Fortuna ( FSM ) up 3.4% in Thursday's trading after issuing its Q2 production report showing 72,217 gold equivalent oz, broadly in line with its output in Q1 and the year-ago quarter; H1 2026 production totaled 145K gold equivalent oz, positioning the company to achieve its full-year production guidance of 281K-305K oz. More on Fortuna Mining Fortuna Mining Q1 2026 Earnings Call Presentation Fortuna Mining: Valuation Starting To Improve Fortuna Mining Stock Captures The Curiosity Of Long-Term Investors (Rating Upgrade)
In this article MU Follow your favorite stocks CREATE FREE ACCOUNT Samuel Boivin | Nurphoto | Getty Images Micron shares rose 7% on Thursday as the company announced a new round of investments aimed at boosting the U.S. semiconductor supply chain , and plans to accelerate its spending in the country through 2035. The new strategic investment of up to $3 billion includes $500 million for Taiwanese-...
In this article MU Follow your favorite stocks CREATE FREE ACCOUNT Samuel Boivin | Nurphoto | Getty Images Micron shares rose 7% on Thursday as the company announced a new round of investments aimed at boosting the U.S. semiconductor supply chain , and plans to accelerate its spending in the country through 2035. The new strategic investment of up to $3 billion includes $500 million for Taiwanese-headquartered GlobalWafers to expand its wafer development and manufacturing in its Texas facilities, and also comes with a 10-year supply agreement for raw silicon wafer capacity. "Securing a reliable supply of critical input materials is essential to supporting Micron's long-term growth and technology roadmap," said Ben Tessone, Micron's chief procurement officer, in a press release. In a separate announcement, the chipmaker said it will also raise its planned U.S. investment to $250 billion through 2035, roughly a $50 billion increase, as memory demand from the artificial intelligence buildout skyrockets. Other names in the chip space rallied on Thursday, with Applied Materials , KLA Corp and Lam Research up 7%, ARM Holdings up 11%. Read more CNBC tech news Chinese lidar maker with Nvidia ties accused of being cyber risk for U.S. China's Alibaba bans Anthropic AI for employees after 'distillation attack' accusation SpaceX President Gwynne Shotwell to donate stock to Trump Accounts Microsoft cuts 4,800 jobs, as Xbox unit downsizes and plans to spin off four gaming studios watch now VIDEO 5:01 05:01 China’s memory chip gap with Korean leaders has narrowed to under three years The China Connection Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Andrii Yalanskyi/iStock via Getty Images Merriam-Webster’s online dictionary offers the following definition of the slang term “copium”: Source: https://www.merriam-webster.com/slang/copium I feel like I’m seeing a lot of copium lately amongst the AI bulls as we continue to be offered mounting evidence that the AI trade is likely unwinding before our eyes. One particularly noteworthy example of th...
Andrii Yalanskyi/iStock via Getty Images Merriam-Webster’s online dictionary offers the following definition of the slang term “copium”: Source: https://www.merriam-webster.com/slang/copium I feel like I’m seeing a lot of copium lately amongst the AI bulls as we continue to be offered mounting evidence that the AI trade is likely unwinding before our eyes. One particularly noteworthy example of this has been the onslaught of recent news that several major new entrants are trying their luck at becoming neoclouds (i.e., providers of AI-specific compute capacity). The AI bulls have tried to spin this as being totally fine, but, as we’ll discuss in this article, I think this news is anything but “fine” for the AI trade. In fact, I think it likely signals that we are approaching peak hyperscaler capex. And, because the AI trade so centrally hinges on hyperscaler capex, I think it also signals that we are witnessing the peak of the AI trade. And, finally, because the AI trade is at the center of the general stock market’s valuation, it likely suggests we could be seeing a peak in the stock market as well. Recent Announcements of New Neocloud Ventures Over the past several weeks, we’ve seen important announcements of new entrants into the neocloud industry. SpaceX announces a deal with Anthropic in early May 2026 to rent more than 220,000 GPUs to Anthropic for $1.25 billion/month . SpaceX announces a deal with Google in early June to rent out more than 110,000 GPUs for $920 million/month. On July 1 , Meta announces it will sell excess compute capacity as a way to monetize its AI-related capex. On July 2 , Softbank announces its entry into the neocloud space by declaring its plans to monetize its pipeline of data center projects. This Is Bad I’ve seen some attempts to cast these announcements as somehow bullish for the AI trade, but such takes strike me as being about as compelling as the spin coming from campaign-employed political operatives in the “spin room” following a...
Kevin Dietsch/Getty Images News OpenAI's ( OPENAI ) latest frontier model, GPT-5.6 Sol, demonstrates 54% more token efficiency on agentic coding tasks than its rivals, according to CEO Sam Altman during an interview with CNBC. The costs of tokens, which are the fundamental units of data an AI model reads, processes and generates, have become a topic of concern among some enterprises as they deploy...
Kevin Dietsch/Getty Images News OpenAI's ( OPENAI ) latest frontier model, GPT-5.6 Sol, demonstrates 54% more token efficiency on agentic coding tasks than its rivals, according to CEO Sam Altman during an interview with CNBC. The costs of tokens, which are the fundamental units of data an AI model reads, processes and generates, have become a topic of concern among some enterprises as they deploy AI solutions. OpenAI apparently took that into consideration during the development of its latest family of models, GPT-5.6, which include Sol, Terra and Luna. These become generally available starting today. "Every enterprise is now thinking about spend and the value they're getting in exchange for AI, and this is what we really want to do," Altman said to CNBC while attending the Sun Valley Conference this week in Idaho. The annual Sun Valley Conference attracts hundreds of the world's wealthiest and most powerful individuals from the tech, media, entertainment and finance industries. Altman also said OpenAI worked with members of U.S. President Donald Trump's Cabinet before releasing the models. "If you want broad access, which we do, and you have powerful models, you really want to be able to be confident in your safety claims, because otherwise the world is going to get uncomfortable very fast," Altman said. More on OpenAI and Microsoft Microsoft: The Tech Bargain To Buy For H2 Microsoft: 3 Signals That Could End The AI CapEx Fear (Rating Upgrade) Microsoft: All The Negativity Is My Chance To Get In On The Action (Rating Upgrade) Meta introduces new Muse Spark 1.1 AI model as Zuckerberg ratchets up competition Xbox's Obsidian to develop new Fallout game as Microsoft restructures studio
Zuckerberg announced Meta’s latest AI model, Muse Spark 1.1, saying that it is designed for agentic AI tasks, with improved coding, tool use, computer-use capabilities and more.
Zuckerberg announced Meta’s latest AI model, Muse Spark 1.1, saying that it is designed for agentic AI tasks, with improved coding, tool use, computer-use capabilities and more.
Investing.com -- Citi's second-quarter 2026 survey of 100 IT decision makers found Microsoft remained the top vendor CIOs are considering increasing spend with for artificial intelligence, followed by Amazon and Google.
Investing.com -- Citi's second-quarter 2026 survey of 100 IT decision makers found Microsoft remained the top vendor CIOs are considering increasing spend with for artificial intelligence, followed by Amazon and Google.
Thirteen of the past 15 shootouts at World Cups have been won by the team that went second By Opta Analyst After watching 120 minutes of football, you might not find observing a coin toss the most exciting dessert. Fans in the stadium care, though. Win a coin toss for a penalty shootout and you choose the end where they are taken – to much rejoicing from those behind the chosen goal. Another coin ...
Thirteen of the past 15 shootouts at World Cups have been won by the team that went second By Opta Analyst After watching 120 minutes of football, you might not find observing a coin toss the most exciting dessert. Fans in the stadium care, though. Win a coin toss for a penalty shootout and you choose the end where they are taken – to much rejoicing from those behind the chosen goal. Another coin toss also allows the winner to choose whether to go first or second. But does that decision actually matter? For years, the consensus was that going first in a shootout gives teams an advantage. Being able to take the lead and put scoreboard pressure on opponents surely has a mental benefit, and means they are more likely to face the dreaded “must-score” penalty. However, when Rubén Vargas tucked away the winning spot kick for Switzerland against Colombia in their last-16 tie , it continued a rather curious trend. Continue reading...