Arm Enters the AI Chip War: Launches Its First-Ever AGI CPU with Meta as Lead Customer
Arm is entering the AI chip race with its new 136-core AGI CPU. Meta is the first major customer for the power-efficient processor designed for data centers.
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Etsy Faces Headwinds as Rising Gas Prices Hit Discretionary Spending
Oppenheimer lowers Etsy’s first-half sales estimates due to higher gas prices and plateauing buyers. Shares fall sharply.
Wall Street Goes Bullish on Sutro Biopharma: Two Major Upgrades After Q4 Results
Wells Fargo upgrades to Overweight with $27 PT and H.C. Wainwright raises to Buy with $28 target on strong STRO-004 progress.
Circle Stock Drops as Clarity Act Limits Stablecoin Rewards
Circle Internet stock plunged after the latest Clarity Act draft banned rewards on stablecoin balances. Narrow yield rules spark sell-off.
Big Change at NASA: Lunar Gateway Paused, Moon Surface Base Now Priority – LUNR Falls
NASA shifts focus from Lunar Gateway to a Moon surface base. Intuitive Machines shares fall over 13% as the agency accelerates plans for sustained lunar presence.
Omnicom Orders Independent Audit of The Trade Desk After Publicis Fee Controversy
Omnicom has commissioned a third-party audit of The Trade Desk following Publicis’ claims of hidden fees.