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News
Yes, Cummins Builds Transmissions - But You Can't Put One In Your Pickup Truck
15+ hour, 59+ min ago (268+ words) currently.att.yahoo.com - Yes, Cummins Builds Transmissions - But You Can't Put One In Your Pickup Truck Cummins is a renowned builder of diesel engines for pickup and semi-trucks, and it's in the latter where you might also find some…...
Morgan Stanley revamps Oracle stock price target
19+ hour, 41+ min ago (929+ words) Oracle (ORCL) has been a goliath in enterprise technology for decades. Lately, Oracle Cloud Infrastructure (OCI) has emerged as the primary growth engine because of the AI boom. Oracle just delivered a very solid quarter. Cloud infrastructure revenue grew 121% year…...
Why Micron Stock Just Sank
2+ day, 11+ hour ago (452+ words) Micron (NASDAQ: MU) stock had a tough day on the market on Thursday, with the company's share price declining 4.7% in the day's trading. Meanwhile, the S&P 500 and the Nasdaq Composite each declined 0.6% in the session. The memory chip leader's…...
Marvell Has Raised Its Growth Outlook 3 Times Since December. The Stock Still Sits 28% Below Its High.
3+ day, 20+ hour ago (740+ words) Marvell Technology (NASDAQ:MRVL) CEO Matt Murphy spent Tuesday evening on CNBC's Mad Money making the case that the chipmaker has become one of the artificial intelligence (AI) build-out's essential suppliers. "We are basically the Switzerland of this entire market…...
A 17-Foot Student-Built Rocket Just Broke the Amateur Liquid Rocket World Record
3+ day, 23+ hour ago (369+ words) Here's what makes that number mean something: liquid bi-propellant rockets — two separate liquid fuels mixed and combusted in real time — are genuinely hard. Not hobby-shop hard. SpaceX-Merlin hard. Most student teams don't attempt them. Waterloo has been building them for…...
Bill Ackman's surprising $934 million bet after dumping Alphabet
4+ day, 13+ hour ago (775+ words) Billionaire hedge fund manager Bill Ackman has long gambled on Alphabet, as artificial intelligence has grown Google's cloud business and helped lift its stock. Then he went away. Pershing Square's latest regulatory filing shows the billionaire investor sold both Alphabet…...
Jensen Huang to Spend $13 Billion to Take On OpenAI and Anthropic. Should You Buy Nvidia Stock?
1+ week, 2+ day ago (807+ words) Open-source AI platform Hugging Face is in the news for the second time in as many weeks. But this time, it's good news. Last week, it was because OpenAI released new details about the security incident in which OpenAI's agentic…...
Nvidia Says Its Cloud Customers Are Sitting on a $2 Trillion Backlog -- Here's What Nvidia's Cut Is Worth by 2028
1+ week, 2+ day ago (908+ words) Nvidia (NASDAQ:NVDA) reported its fiscal second-quarter results on Aug. 26, and the figures were extraordinary. Quarterly revenue rose 106% year over year to $96.2 billion, accelerating from the 85% growth recorded in the fiscal first quarter. Data center revenue rose 117% to $89.0 billion. But…...
This Was the Best-Performing Asset Class in August
1+ week, 4+ day ago (363+ words) At the beginning of every month, I look back to see how various asset classes performed during the previous month, which were the laggards and which were the leaders. This exercise helps me get a sense of where the market…...
Elon Musk has 9-word response to quantum computing race
1+ week, 6+ day ago (636+ words) While financial bodies have adopted several pioneering technologies over the past decades to keep money secure, the breakthrough achieved by cryptography in recent years has been unbelievable. Its most successful model is the cryptocurrency ecosystem, which deploys cryptographic functions to…...