$WULF has entered into a landmark $19 billion data center lease agreement with Anthropic to expand AI infrastructure capacity, significantly scaling its high-performance computing capabilities.
$MSFT is cutting 4,800 jobs across its commercial business and Xbox division, citing shrinking revenue in the gaming unit as it plans to spin off four internal development studios.
Markets are kicking off the week on a high note as tech rebounds and oil prices cool. Big news in the AI infrastructure space is driving major moves in the pre-market. Here is what you need to know before the opening bell. https://t.co/GCXJ5Dwbnk
The enterprise AI race is shifting from model development to implementation. Hyperscalers are betting that the real value lies in helping companies deploy AI, not just building the tech. Stay tuned as we track this transition.
$HOOD is offering a 7% yield on the USDG stablecoin to its 27.7 million customers. The fintech platform is expanding its crypto offerings by passing through yields generated from reserves backing the stablecoin assets.
$USO is sliding after OPEC+ members officially agreed to begin phasing out voluntary production cuts, setting the stage for a boost in global oil supply.
$LMT agreed to acquire naval defense business Ultra Maritime from Advent for $3.45 billion as the company seeks to expand its sea-based weapons systems portfolio amid surging demand.
$TSLA is expanding its robotaxi service to Miami, marking a significant geographic increase for the company's autonomous vehicle operations beyond its initial testing grounds in Texas.
$AVGO has extended its partnership with Apple to develop key wireless components and custom radio frequency chips, securing a multi-year supply agreement that remains in effect through 2031.
$RCI is taking full ownership of Canada’s largest sports empire after agreeing to buy the remaining 25% stake in Maple Leaf Sports & Entertainment from Kilmer Group for C$4.35 billion.
$USO volatility ahead as Saudi Arabia cuts prices for its main crude grade to Asian customers by the largest margin in over two decades, signaling intense competition for market share amid rising global supply.
$LMT is acquiring naval defense firm Ultra Maritime for $3.45 billion. The deal bolsters the aerospace giant's portfolio in anti-submarine warfare technology.
$WULF shares climb following a multi-year lease agreement with AI research lab Anthropic for a high-performance data center facility in Kentucky, highlighting the growing demand for specialized infrastructure to support large-scale AI models.
$VSNT has agreed to acquire golf simulator company Full Swing for $530 million as the media firm seeks to diversify its revenue beyond cable television.