PepsiCo Q2 Revenue Beats Expectations, But Shares Slide on Consumer Caution and North America Weakness
High gas prices cut snack buying. PepsiCo still grew, helped by global sales, but U.S. demand slowed and shares fell.
NOTRELOAD AI
Micron to Invest $250 Billion in U.S. by 2035, Targeting 40% Domestic DRAM Production
The company poured the first concrete at its Clay, New York site, marking the start of the largest semiconductor project in U.S. history.
Aehr Test Systems Soars After Major Follow-On Silicon Photonics Order
Aehr Test Systems secures additional automated wafer-level burn-in system order from its top silicon photonics client.
Starbucks Builds In-House AI Tools to Cut Reliance on Microsoft, IBM, and Oracle
Starbucks aims to slash $400M in annual software spend by building its own AI tools, challenging Microsoft Dynamics, IBM TRIRIGA, and Oracle Simphony.
Siemens and FuelCell Energy Partner to Accelerate Large-Scale Fuel Cell Power Generation
Siemens and FuelCell Energy signed an MoU to develop large-scale fuel cell solutions with electrical infrastructure for 100MW+ projects targeting data centers and clean energy demand.
KeyBanc Downgrades Salesforce on Agentforce Delays as Stock Falls Further
KeyBanc downgraded Salesforce to Sector Weight citing slow Agentforce adoption and weak customer feedback.