Broadcom Navigates Custom AI Chip Competition as Marvell Sets Revenue Target
Broadcom Inc. faces rising custom AI chip competition as Marvell sets a $20 billion revenue target, highlighting challenges for the semiconductor leader.
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Broadcom Explores Over $50 Billion in Financing to Fund OpenAI Custom Chip Purchases
Broadcom is exploring over $50 billion in funding to help OpenAI buy custom AI chips, easing the heavy upfront costs of building AI infrastructure.
Amazon Trims Core Retail Workforce With Under 1,000 Corporate Job Cuts
Amazon.com, Inc. is cutting fewer than 1,000 corporate retail jobs to improve efficiency, signaling tighter cost controls amid cautious growth expectations.
Medical Care Technologies Continues Image Collection For Melanoma Scan Beta Testing
Medical Care Technologies continues volunteer image intake for its Melanoma Scan Beta app to expand its real-world skin monitoring test data.
Michael Burry Questions Microsoft's Massive AI Infrastructure Spending
Investor Michael Burry warns that Wall Street is ignoring the risks of Microsoft's aggressive capital spending on artificial intelligence infrastructure.
Better Home & Finance Approves Up to $30 Million Share Buyback
Better Home & Finance authorized a share repurchase program of up to $30 million, starting with an initial $10 million phase.
Topaz Energy Corp. Closes $330.6 Million Secondary Share Sale
Topaz Energy Corp. has finalized a $330.6 million secondary share offering, marking a major ownership shift but bringing no new capital to the company.
Better Home & Finance Launches $30 Million Stock Buyback
Better Home & Finance authorizes up to $30 million in stock repurchases, funded by asset sales and cost cuts, as shares drop 11.5%.
Micron Technology Shares Pass $1,000 as Company Prioritizes Buybacks Over Stock Split
Micron Technology shares surged past $1,000 on strong AI demand, but the company is prioritizing share buybacks over a stock split to return excess cash.
SpaceX Reportedly Seeks $40 Billion to Buy Nvidia Chips for AI Expansion
SpaceX is reportedly seeking $40 billion in financing to purchase Nvidia chips, a massive investment that could accelerate its AI data-center expansion.
SpaceX Faces India Launch Delays for Starlink as Elon Musk Blames Local Oligarchs
Space Exploration Technologies Corp. is experiencing delays launching Starlink in India, a key market, amid claims of local interference.
Nexalin Technology Regains Nasdaq Bid Price Compliance
Nexalin Technology has resolved its Nasdaq minimum bid price deficiency, but must still meet a stockholders' equity requirement by January 2027.
Amazon Trims Corporate Jobs in E-Commerce Division to Boost Efficiency
Amazon.com, Inc. is cutting hundreds of corporate roles in its Stores group as part of an ongoing drive to improve retail profitability and efficiency.
Itron Launches New Grid Reliability Software Solution to Reduce Power Outages
Itron, Inc. launched a new grid reliability solution to help utilities shorten power outages without costly infrastructure upgrades.
Orbit International Reports $8.2 Million in Q3 2026 Bookings
Orbit International Corp. booked $8.2 million in the third quarter of 2026, driven by growth in its power and electronics divisions.
Itron Launches Grid Edge Solution to Improve Utility Reliability Without Major Upgrades
Itron, Inc. has introduced a new grid reliability solution designed to help utilities boost performance without replacing existing infrastructure.
Orbit International Secures $8.2 Million in Q3 2026 Bookings
Orbit International Corp. booked $8.2 million in Q3 2026, boosting its backlog and extending contract deliveries through early 2028.
Global Arena Holding to Sell U.S. Election Services Assets for Cash and Stock
Global Arena Holding is selling its U.S. election services unit to GES Acquisition for $1.42M in cash and stock to improve its balance sheet.
Vir Biotechnology Receives FDA Fast Track Designation for Prostate Cancer Drug VIR-5500
Vir Biotechnology received FDA Fast Track designation for its prostate cancer treatment VIR-5500, with Phase 3 trials planned for 2027.
Broadcom Explores $50 Billion Financing Plan for OpenAI Custom Chips
Broadcom is considering a financing plan of over $50 billion to fund OpenAI's custom artificial intelligence chip rollout.