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Liquid cooled servers in an installation at the Global Switch Docklands data centre campus in London, UK, on Monday, June 16, 2025. Bloomberg | Bloomberg | Getty Images BEIJING — Yangtze Memory Technologies is rapidly gaining market share in a critical chip sector, according to Counterpoint Research. The company, also known as YMTC, landed in […] The post This Chinese firm has topped Micron and…
Undersecretary of State Jacob Helberg convenes The Pax Silica Summit, the first convening of a high level, private gathering focused on economic security and the establishment of a new grouping of partners tailored for the AI economy at Donald J. Trump Institute of Peace on Dec. 12, 2025 in Washington, D.C. Tasos Katopodis | Getty […] The post U.S. to tell partners they must pick sides in AI race…
NVIDIA CEO Jensen Huang speaks at the NVIDIA GTC global AI conference in San Jose, California, U.S. March 16, 2026. Fred Greaves | Reuters Nvidia is in talks to invest as much as $3 billion in SB Energy, a SoftBank subsidiary developing a massive planned Ohio data center project for OpenAI, The Information reported on […] The post Nvidia eyes investing $3 billion in SoftBank’s SB Energy under…
Thomas Fuller | Lightrocket | Getty Images Anthropic‘s revenue surged more than 14-fold in the second quarter from a year earlier, Bloomberg News reported Friday, underscoring the rapid growth of the Claude chatbot maker as it prepares for a potential blockbuster initial public offering. The AI company reported preliminary revenue of more than $11.5 billion […] The post Anthropic revenue…
The company runs a betting exchange in the UK and also operates in Ireland, Malta, Sweden and in Indiana, United States. Courtesy: Smarkets Smarkets, a UK-based betting exchange, is making its way into the U.S. by pursuing two separate avenues. The company, which was founded in 2008, filed for a license with the Commodity Futures […] The post Prediction markets and sports betting: How this UK…
There are plenty of top stocks to buy following earnings, according to Goldman Sachs. The investment bank says companies like Stubhub have plenty more room to run. Other buy-rated stocks at Goldman Sachs and screened by CNBC Pro include: Loar Holdings , MasTec, Toast and Quanta Services. Loar Holdings Analyst Noah Poponak says he’s sticking […] The post Goldman says these stocks are top ideas in…
The caverns that hold the U.S. strategic oil reserves could get damaged by the rapid release of stockpiles in response to the Iran war, experts warned this week as inventories hit a four-decade low. Damage to the caverns would make it more difficult to respond to future energy emergencies, the experts said. The oil in […] The post Depleted strategic oil reserve nears level that raises concerns…
This photograph shows an FP-5 Flamingo cruise missile and a drone FP-1 from Ukrainian defence technology company Fire Point on display at Eurosatory, a land and airland defence and security trade fair, in Villepinte on the outskirts of Paris, on June 16, 2026. Julien De Rosa | Afp | Getty Images Ukraine said on Saturday […] The post Ukraine says it hit Russian rocket centre linked to…
Listen to the audio version of this article (generated by AI). Lumentum (LITE) just gave investors exactly what they want from a long-term winner: another reason to keep holding. The optical-networking company just reported roughly $1.01 billion in quarterly revenue, more than double what it generated a year ago. Adjusted earnings jumped to $3.23 per […] The post Lumentum’s 680% Run Created a New…
Google parent Alphabet is now the third largest holding in Berkshire Hathaway's equity portfolio. The post Berkshire adds $17 billion to Alphabet stake appeared first on Pro Invest News .
