TLDR Microsoft stock rose ~2% after reports that Anthropic is in talks to rent servers powered by Microsoft’s custom Maia AI chips. The talks are early-stage and may not result in a deal, per sources cited by The Information. A deal would be a win for Microsoft’s in-house chip push, which faced delays last year. Anthropic already uses custom chips from Amazon and Google, and is looking for more co...
TLDR Microsoft stock rose ~2% after reports that Anthropic is in talks to rent servers powered by Microsoft’s custom Maia AI chips. The talks are early-stage and may not result in a deal, per sources cited by The Information. A deal would be a win for Microsoft’s in-house chip push, which faced delays last year. Anthropic already uses custom chips from Amazon and Google, and is looking for more compute capacity. Microsoft’s Maia 200 chip runs existing AI models faster than Nvidia hardware but is not designed for training new models. Microsoft (MSFT) stock climbed around 2% Thursday morning after The Information reported that Anthropic is in early talks to rent servers running Microsoft’s homegrown Maia AI chips. Microsoft Corporation, MSFT The report, citing two people familiar with the discussions, said Anthropic wants extra computing power to support growing demand for its Claude models. Microsoft and Anthropic both declined to comment. MSFT had been down roughly 10% on the year before the news hit. The stock pared some gains through the session but remained in positive territory. The talks are described as early-stage. There is no guarantee they lead to a formal agreement. For Microsoft, landing Anthropic as a chip customer would be a meaningful step. Its in-house chip program ran into delays last year, and it has been playing catch-up to Google and Amazon, both of which now rent out their own custom AI processors to external clients. Anthropic is already a customer for those rivals. It has struck chip deals with both Amazon and Google, making it a sought-after name in the custom silicon market. What Maia 200 Actually Does Microsoft unveiled the second generation of its Maia chip in January — the Maia 200. It’s built by TSMC on 3-nanometer technology and uses high-bandwidth memory, though an older generation than what Nvidia is putting into its upcoming Vera Rubin chips. The Maia 200 is loaded with SRAM, a fast type of memory that helps AI systems respond quickly...
Corn price action is down 1 to 1 1/2 cents so far on Thursday. Futures posted a slight bounce back on Wednesday, with contracts fractionally to 2 ½ cents in the green at the close. Preliminary open interest showed a rotation of ownership, down just 390 contracts on the midweek session. The CmdtyView national average Cash Corn price was up 2 1/2 cents at $3.74 3/4. Late on Wednesday, President Trum...
Corn price action is down 1 to 1 1/2 cents so far on Thursday. Futures posted a slight bounce back on Wednesday, with contracts fractionally to 2 ½ cents in the green at the close. Preliminary open interest showed a rotation of ownership, down just 390 contracts on the midweek session. The CmdtyView national average Cash Corn price was up 2 1/2 cents at $3.74 3/4. Late on Wednesday, President Trump announced a trade deal with South Korea, setting the US tariff on South Korean goods at 15%. Don’t Miss a Day: Weekly ethanol production was tallied at 1.096 million barrels per day during the week of July 25, up 18,000 bpd from the week prior. Stocks were up 272,000 barrels to 24.716 million. Ethanol exports rose to a 6-week high at 154,000 bpd, with refiner inputs of ethanol up 3,000 to 920,000 bpd. Traders expected the Thursday morning Export Sales report to show 200,000 to 800,000 MT of 2024/25 corn sold in the week ending on July 24. New crop is expected to be between 0.6 and 1.6 MMT in bookings. Brazil’s corn crop for 2025/26 is estimated at 140.9 MMT according to Datagro. Sep 25 Corn closed at $3.91 3/4, up 2 1/2 cents, currently down 1 cent Nearby Cash was at $3.74 3/4, up 2 1/2 cents, Dec 25 Corn closed at $4.12 1/4, up 1 1/4 cents, currently down 1 1/4 cents Mar 26 Corn closed at $4.29 1/2, up 3/4 cent, currently down 1 1/2 cents New Crop Cash was at $3.79 1/2, up 1 1/4 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
imaginima West Pharmaceutical Services ( WST ) has fully restored its business operations across its manufacturing, supply chain, and commercial sites globally following a cyberattack earlier this month. The Pennsylvania-based life sciences company traded lower early last week after disclosing that its global business functions had been disrupted by a recent cybersecurity incident initiated by an ...
imaginima West Pharmaceutical Services ( WST ) has fully restored its business operations across its manufacturing, supply chain, and commercial sites globally following a cyberattack earlier this month. The Pennsylvania-based life sciences company traded lower early last week after disclosing that its global business functions had been disrupted by a recent cybersecurity incident initiated by an unauthorized party. “Remediation efforts have since progressed, with core enterprise systems restored in addition to critical processes for manufacturing, receiving, and shipping restarted at all sites,” West Pharma ( WST ) said in a regulatory filing on Wednesday. Based on findings from an ongoing investigation and the latest information, the company noted that it doesn’t expect the incident to cause a material impact on its Q2 2026 and full-year financial outlook. More on West Pharmaceutical West Pharmaceutical Services, Inc. (WST) Presents at Bank of America Global Healthcare Conference 2026 Transcript West Pharmaceutical: Multiple Growth Drivers Are A Tailwind West Pharmaceutical Services, Inc. 2026 Q1 - Results - Earnings Call Presentation West Pharma drops after cyber attack West Pharmaceutical signals 2026 revenue of $3.295B-$3.35B and adjusted EPS of $8.40-$8.75 driven by HVP components momentum
Turner Contemporary, Margate The young Dominican painter’s dizzyingly beautiful jungle scenes will transport you to the tropics – and remind you of the wonders of the natural world Deep in the Dominican rainforest, high up on a mountain, miles from anywhere, Hulda Guzmán stares at an endless expanse of jungle. From her modernist wooden studio, built by her architect father Eddie, she looks out int...
Turner Contemporary, Margate The young Dominican painter’s dizzyingly beautiful jungle scenes will transport you to the tropics – and remind you of the wonders of the natural world Deep in the Dominican rainforest, high up on a mountain, miles from anywhere, Hulda Guzmán stares at an endless expanse of jungle. From her modernist wooden studio, built by her architect father Eddie, she looks out into the vast greenness of her world, the deep blues of the ocean in the distance, the warm oranges and yellows of the sky, and she feels peace. She feels a sense of oneness with nature. It’s a kind of spiritual positivity that’s a little hard to empathise with when you’re under the leaden skies of the UK, but if you lose yourself in Guzmán’s psychedelic Caribbean landscape painting you can almost be transported to the tropics. The young Dominican artist’s paintings here in her first institutional show in Europe are ultra-colourful jungle reveries, filled with allusions to art history and mythical beings. Continue reading...
Andrew Sather of The Investing for Beginners Podcast recently made a point that should reshape how investors think about recession headlines. “When people say there’s a recession, they’re saying it 6 months after it happens. Like, that’s the literal definition of it. You have to wait 6 months,” he said on the episode Back to ... Worried About a Recession? Here’s Why Selling When Economists Call It...
Andrew Sather of The Investing for Beginners Podcast recently made a point that should reshape how investors think about recession headlines. “When people say there’s a recession, they’re saying it 6 months after it happens. Like, that’s the literal definition of it. You have to wait 6 months,” he said on the episode Back to ... Worried About a Recession? Here’s Why Selling When Economists Call It is Already Too Late
DISCLAIMER: This note is intended for U.S. recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Nothing in this note is intended to be investment advice and nor should it be relied upon to make investment decisions. Please read our full disclaimer here . BING-JHEN HONG/iStock Editorial via Getty Images We Can Keep This So So Simple This might...
DISCLAIMER: This note is intended for U.S. recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Nothing in this note is intended to be investment advice and nor should it be relied upon to make investment decisions. Please read our full disclaimer here . BING-JHEN HONG/iStock Editorial via Getty Images We Can Keep This So So Simple This might be the shortest earnings analysis of Nvidia Corporation ( NVDA ) you read this week. And I think you might thank me for that. Since you can read, in excruciating detail, all the ins and outs of the company’s detailed performance and technical achievements, its shortcomings, its woes, China, threats from CPU-intensive workloads and more, literally everywhere on the Internet right now, I will keep it very simple here. Nvidia just printed a stellar first quarter , and guided to a still better quarter. The company achieved revenue growth of 85% in the quarter vs. prior year and is guiding to +96% next quarter. TTM revenue now sits at $253bn and it is growing at +70%. Just repeat that to yourself quietly for a moment. Cashflow margins ticked up to +57% on a TTM unlevered pretax FCF basis. The balance sheet has $72bn of net cash, a record level despite the company’s well-publicized investment program, its buybacks and so forth. At this point in time it is probably the highest-quality business that ever existed. Something will topple this empire, since all empires fail in the end, but not today. Today I believe this stock is a Buy, because it has the fundamental profile above, because it is trading at just 37x TTM UFCF (NVDA is normally in the 45-50x TTM UFCF range), because the market is leaning bullish at least into the giant-IPO-period coming our way, and because the NVDA stock chart looks bullish to me. I personally bought the stock in pre-market trading today, with a 7.5% trailing stop, which means that as of today if it holds over its 21-day exponential moving average, the ...
DISCLAIMER: This note is intended for U.S. recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Nothing in this note is intended to be investment advice and nor should it be relied upon to make investment decisions. Please read our full disclaimer here . BING-JHEN HONG/iStock Editorial via Getty Images We Can Keep This So So Simple This might...
DISCLAIMER: This note is intended for U.S. recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Nothing in this note is intended to be investment advice and nor should it be relied upon to make investment decisions. Please read our full disclaimer here . BING-JHEN HONG/iStock Editorial via Getty Images We Can Keep This So So Simple This might be the shortest earnings analysis of Nvidia Corporation ( NVDA ) you read this week. And I think you might thank me for that. Since you can read, in excruciating detail, all the ins and outs of the company’s detailed performance and technical achievements, its shortcomings, its woes, China, threats from CPU-intensive workloads and more, literally everywhere on the Internet right now, I will keep it very simple here. Nvidia just printed a stellar first quarter , and guided to a still better quarter. The company achieved revenue growth of 85% in the quarter vs. prior year and is guiding to +96% next quarter. TTM revenue now sits at $253bn and it is growing at +70%. Just repeat that to yourself quietly for a moment. Cashflow margins ticked up to +57% on a TTM unlevered pretax FCF basis. The balance sheet has $72bn of net cash, a record level despite the company’s well-publicized investment program, its buybacks and so forth. At this point in time it is probably the highest-quality business that ever existed. Something will topple this empire, since all empires fail in the end, but not today. Today I believe this stock is a Buy, because it has the fundamental profile above, because it is trading at just 37x TTM UFCF (NVDA is normally in the 45-50x TTM UFCF range), because the market is leaning bullish at least into the giant-IPO-period coming our way, and because the NVDA stock chart looks bullish to me. I personally bought the stock in pre-market trading today, with a 7.5% trailing stop, which means that as of today if it holds over its 21-day exponential moving average, the ...
Total new vehicle sales in the U.S., including retail and non-retail transactions, are expected to decline 7.3% year-over-year to 1.36M units for the month of April, J.D. Power and GlobalData said in a joint report on Thursday. According to the forecast, the seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is expected to be 16 million units, down 1.3 million units from April ...
Total new vehicle sales in the U.S., including retail and non-retail transactions, are expected to decline 7.3% year-over-year to 1.36M units for the month of April, J.D. Power and GlobalData said in a joint report on Thursday. According to the forecast, the seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is expected to be 16 million units, down 1.3 million units from April 2025. Thomas King, president of OEM Solutions at JD Power, stated that even though April sales are on track to post a solid performance, the “year‑over‑year comparisons still present a challenging picture” and provide limited insight into the underlying health of consumer demand. Auto sales surged around March and April last year as consumers raced to buy cars to beat the tariff impacts on imported cars and trucks. According to J.D. Power and GlobalData, an additional 53,000 consumers accelerated purchases ahead of anticipated tariff-impacted price increases, making April one of the strongest months of the year and well above the full‑year 2025 pace of 16.3 million units. New-vehicle retail sales for April 2026 are projected to reach 1,129,100, a 7.3% decrease from April 2025, the data said . Delving deeper, King noted that affordability continues to constrain the vehicle sales pace even as pricing and financing conditions show modest signs of improvement. Total retail consumer expenditure slipped to $49.9 billion, down $4 billion from a year earlier, as the slower sales pace dragged on overall consumer spending, the data pointed out. “Average retail transaction prices are trending toward $45,990 in April, essentially unchanged from a year ago, while the average interest rate on new‑vehicle loans is expected to decline 0.3 percentage points to 6.73%. Despite easing borrowing costs, average monthly finance payments are expected to increase 3.1% year over year to $812, driven primarily by continued deterioration in trade‑in equity,” he added. Meanwhile, David Oakley, manager,...
Tesla Inc. (NASDAQ:TSLA) has sold roughly $890 million in vehicles and batteries to other companies in Elon Musk’s orbit since 2023, and a Wednesday filing showed the buyers paid full price. The SpaceX prospectus disclosed about $131 million in Cybertruck purchases last year at suggested retail prices, with Tesla’s audit committee reportedly clearing the deals as arm’s-length transactions. The bul...
Tesla Inc. (NASDAQ:TSLA) has sold roughly $890 million in vehicles and batteries to other companies in Elon Musk’s orbit since 2023, and a Wednesday filing showed the buyers paid full price. The SpaceX prospectus disclosed about $131 million in Cybertruck purchases last year at suggested retail prices, with Tesla’s audit committee reportedly clearing the deals as arm’s-length transactions. The bulk was energy storage. Tesla sold $506 million in Megapack batteries to xAI in 2025 and $191 million the year prior, according to the filing. Those batteries are not just for ground operations. SpaceX’s S-1 lays out a plan to put artificial intelligence in orbit, fleets of satellites acting as data centers in space, and that costly buildout helps explain the steep operating loss the company reported on $18.7 billion in revenue. It also shows the Tesla purchases are genuine spending rather than paper shuffling between Musk’s businesses. SpaceX is burning cash now to build that network, and much of the hardware comes from Tesla. Tesla’s Demand Problem The full-price detail lands harder against a soft first quarter. Tesla delivered 358,023 vehicles, missing consensus and falling 14.4% from the prior quarter, and produced about 50,000 more cars than it sold, an inventory build analysts read as a demand problem, according to Electrek. Revenue and margins held up better, with automotive revenue up 16% and gross margin expanding to 21.1%. Polymarket’s “Tesla deliveries in Q2” contract prices the 375,000 to 400,000 range as the most likely outcome at 38%, a Q1 recovery traders see as probable but not certain. SpaceX/Tesla Merger? The structural ties are already tightening. SpaceX is adding longtime Tesla director Ira Ehrenpreis and SpaceX board observer Randy Glein to its board, deepening a federation that increasingly operates as one company. Dan Ives of Wedbush expects the two to merge eventually, and biographer Walter Isaacson has pointed the same direction. Kalshi’s “When will T...
The Meta partnership marks the first time Omni One has supported Meta Quest headsets directly. Previously, the system only worked with PC VR headsets through Virtuix's Omni One Core system or with a bundled Pico headset, according to media reports . The company last week announced the expansion of Omni One and Omni One Core availability into Canada. Virtuix announced in February that it had joined...
The Meta partnership marks the first time Omni One has supported Meta Quest headsets directly. Previously, the system only worked with PC VR headsets through Virtuix's Omni One Core system or with a bundled Pico headset, according to media reports . The company last week announced the expansion of Omni One and Omni One Core availability into Canada. Virtuix announced in February that it had joined Meta's "Made for Meta" program, allowing Omni One compatibility with Meta Quest headsets and games. The partnership expands Virtuix's addressable market, with roughly 20 million Quest headsets sold to date and an estimated 6 million active Quest users, Goetgeluk told Proactive Investors in February. Virtuix's expansion beyond gaming comes as the company in March reported 41% year-over-year revenue growth to $3 million through its fiscal Q3 2026, which ended Dec. 31. Goetgeluk told Benzinga in late March that Virtuix had signed an agreement with the U.S. Navy's Naval Postgraduate School to evaluate its Omni One platform for training and simulation. "There's nothing like it for mission planning and mission rehearsal," Virtuix CEO Jan Goetgeluk told Benzinga in February, adding that the technology allows military personnel to quickly recreate and navigate mission areas virtually. The company said its Virtual Terrain Walk platform uses AI-powered Gaussian splatting technology to convert drone footage into photorealistic virtual environments that soldiers can walk through before missions. Virtuix develops omnidirectional treadmills that allow users to physically walk and run inside virtual reality environments, according to the company's February announcement. Think the biggest tech gains happen after an IPO? Click here to see why some investors are looking at opportunities before companies go public. The company announced in February that its Virtual Terrain Walk defense system was gaining traction with military customers, including deployments to the U.S. Military Academy, th...
J Studios The recently formed AI-native enterprise services firm led by Blackstone ( BX ), Anthropic ( ANTHRO ), and Hellman & Friedman, among others, acquired Fractional AI , an applied AI services company, to form the operational core of the new company , the companies said Thursday. Financial terms of the deal weren't disclosed. Fractional AI is an end-to-end AI implementation partner for enter...
J Studios The recently formed AI-native enterprise services firm led by Blackstone ( BX ), Anthropic ( ANTHRO ), and Hellman & Friedman, among others, acquired Fractional AI , an applied AI services company, to form the operational core of the new company , the companies said Thursday. Financial terms of the deal weren't disclosed. Fractional AI is an end-to-end AI implementation partner for enterprises that helps businesses understand where AI fits and how to implement the right technologies for specific teams and functions. The company's engineering team will work with Anthropic's ( ANTHRO ) applied AI organization to enable close technical alignment to guide clients' AI transformation, the new AI services company said. The new AI services firm is tasked with helping mid-size companies bring Anthropic's Claude into their operations. Other companies backing the AI-native enterprise services company are Goldman Sachs ( GS ), General Atlantic, Leonard Green & Partners, Apollo Global Management ( APO ), GIC, and Sequoia Capital. Blackstone ( BX ) has built a relationship with Fractional AI, which has become a "magnet for elite, applied AI engineers," said Rodney Zemmel , global head of the operating team at Blackstone. "Blackstone has spent years studying where AI creates durable value, and we believe the answer hinges on execution capability – the caliber of the team, the depth of their technical judgment, and their ability to change how a business operates," he added. "The opportunity ahead is one of the largest we have seen – and we believe there is no better team to serve as our nucleus for growth than Fractional." More on Blackstone, Anthropic, etc. Why We Believe Apollo Is Misunderstood Prologis: Likely To Outperform Blackstone Industrial Funds Blackstone: Be Greedy When Others Are Fearful Under Secretary Emil Michael says Anthropic-Pentagon talks have stopped: Bloomberg Microsoft shares rise amid talks with Anthropic about using its AI chips