Akamai Technologies gained 5% on Thursday after announcing a seven-year contract and an $11.6 billion deal with Anthropic, according to market reports. AI Infrastructure Deals Drive Midday Market Gains Atlas Energy Solutions rallied 17% after announcing that two of its subsidiaries executed separate cost reimbursement agreements with a leading frontier AI lab. Meanwhile, software giant … Read more
Lumentum Holdings Inc. shares trade near $937 following an explosive multi-year surge driven by soaring demand for optical components inside artificial intelligence data centers, according to market analysis published by Ritholtz Wealth Management contributors Josh Brown and Sean Russo. Understanding the AI Data Center Optical Component Surge Market positioning for optical equipment suppliers shifted dramatically … Read more
The Dow Jones Industrial Average slid 95.40 points to close at 51,682.64 on Friday, according to market data, capping a volatile week driven by rising Treasury yields, elevated oil prices, and the Federal Reserve’s first interest rate hike in three years. According to financial reports, the 30-stock index shed 0.18% as investors weighed shifting monetary … Read more
Stock futures declined early Monday, led by a drop in Nasdaq-100 contracts as investors monitored a major shakeup in artificial intelligence initial public offerings amid growing safety concerns, along with the latest oil moves, according to market data. S&P 500 futures fell 0.6% by 3:06 a.m. ET, while Nasdaq-100 futures dropped 1.44%. AI Initial Public … Read more
Chinese corporate earnings grew at their highest quarterly pace in five years, expanding 24% year-on-year in the second quarter according to Goldman Sachs, up sharply from 6% in the first quarter. Nearly half of MSCI China index constituents beat estimates during the period, driven heavily by artificial intelligence-related firms as investors increasingly look beyond crowded … Read more
Suzhou-based humanoid robotics startup JoyIn has accused OpenAI of unauthorized model distillation, claiming the artificial intelligence giant mirrored its “extraterrestrial visitor” framework and website design. According to CNBC, JoyIn CEO Guo Renjie publicly alleged in a letter that OpenAI directly distilled his company’s technology without modifications following a Silicon Valley presentation held weeks prior to … Read more
SpaceX’s $2 trillion valuation hinges entirely on whether Elon Musk’s aerospace firm can solve a massive engineering bottleneck involving Starship reusability, according to Pivotal Research. The research firm initiated coverage on the space technology company with a buy rating and a $220 price target, implying a 48% gain from Friday’s close, based on a Tuesday … Read more
Asia-Pacific markets opened broadly higher, led by strong gains in the Kospi and Nikkei 225, as investors weighed escalating Middle East tensions involving the U.S. and Iran. According to regional trading data, Japan’s Nikkei 225 added nearly 1% and the Topix rose 0.55%, while South Korea’s Kospi advanced 3.09% at open and the small-cap Kosdaq … Read more
Oracle reports earnings as Wall Street weighs the company’s aggressive artificial intelligence infrastructure buildout against substantial financial leverage. Wall Street Expectations And The AI Infrastructure Bill Wall Street sentiment heading into the quarterly print remains heavily bullish, showing 42 Buy ratings, eight Holds, and just a single Sell. Expectations call for constant-currency revenue growth to … Read more
Chinese President Xi Jinping and First Lady Peng Liyuan arrived in Bishkek, Kyrgyzstan, on August 30, 2026, for an official state visit and to attend the security-focused Shanghai Cooperation Organization (SCO) Summit. Xi Jinping Arrives in Bishkek for SCO Summit The capital of Kyrgyzstan hosts the annual Shanghai Cooperation Organization summit on Monday and Tuesday, … Read more