AMAT Slides After Investor Day Skips Specific Wafer Fab Equipment Forecast
CEO Dickerson expressed strong confidence in AI-driven growth but stopped short of a firm wafer fab equipment forecast amid factory and supply limits.
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Bank of America Fined Record $1.2 Billion for Failing to Report $5 Billion in Suspicious Transactions
BofA faces a record $1.2 billion penalty after failing to report over $5 billion in suspicious transactions linked to Chinese networks and the southern border.
Delaware Jury Finds Arm Breached Qualcomm License, Awards $2
Delaware jury finds Arm breached its license agreement with Qualcomm and interfered with its Meta relationship, awarding only $2 in nominal damages.
Czech Defence Billionaire Buys US$434 Million Stake in MDA Space
Czech defence firm CSG acquires a 9.5% stake in Canadian space company MDA Space for US$434 million, becoming its largest shareholder.
Enerflex Wins Major Contract to Supply Over 1 GW of Power for North American Data Center
Enerflex wins a contract for over 1 GW of behind-the-meter natural gas power for a North American data center, lifting its total backlog above 1.75 GW through 2028.
SpaceX Spectrum Deal Triggers Piper Sandler Downgrade of AST SpaceMobile
SpaceX’s direct-to-cell ambitions prompt Piper Sandler to cut AST SpaceMobile’s rating and price target amid launch bottleneck fears.