Dell stock plunges 11%, leading data center sell-off on concerns about 'enterprise AI timing'
Barclays downgraded Dell, HPE, and NetApp on concerns that enterprise AI adoption is lagging.
Barclays downgraded Dell, HPE, and NetApp on concerns that enterprise AI adoption is lagging.
A sell-off in global technology hardware stocks deepened Thursday.
Jio plans to use most of its IPO proceeds to repay debt as it expands beyond telecom.
The U.S. Treasury Department announced a $1.2 billion penalty against Bank of America on Tuesday.
U.S. Treasury yields inched lower on Wednesday as investors awaited the latest CPI inflation reading ahead of a flurry of economic data this week.
The second-largest US bank faces record penalties for failing to comply with money laundering and sanctions laws.
Anticipation is building for Anthropic’s investor day as Wall Street grows less patient with heavy AI spending.
Shkreli was banned from the pharmaceutical industry after a trial found that he organized an illegal scheme to perpetuate a monopoly for the drug Daraprim.
China's leading memory chipmaker CXMT has reportedly made progress on new designs.
UnitedHealth Group said it expects 2026 adjusted earnings of at least $20.50 per share, up from a previous outlook of $19.50 to $20.00 per share.
The Korean market rises on falls on expectations for profitability of the semiconductor industry and how long it can be sustained. Sentiment is cyclical and right now, the skepticism is rising
Bond yields fell on Tuesday as investors await more economic data releases this week.
The bond market will be closed on Monday for Columbus Day, but the stock market will operate normally.
The offer would have been the biggest debut on the stock market since the telecommunication giant in 1997 Firmus Technologies has scrapped what was set to be Australia’s biggest company listing in decades after investor demand for its much-hyped AI data centre business failed…
The comments from David Zervos come after the 10-year and 30-year yields marched to 24-year highs in recent days.
In opposition to federal oversight of the prediction markets, the National Football League has sided with states, Gary Gensler and one of the authors of the relevant law.
Move would reunite chief executive Brian Niccol with chain he led before joining coffee company two years ago Starbucks has explored a takeover of Chipotle Mexican Grill, the Financial Times reported on Thursday, in a move that would reunite chief executive Brian Niccol with…
Higher bond yields aren’t only about inflation and the Iran war. But it means a higher cost of capital.
U.S. Treasury yields climbed higher on Thursday as investors eagerly awaited the long-dated bond auction later in the day, after strong sales of 10-year notes.