Generac Stock Surges After Scoring Massive Global Backup Power Deal with Hyperscale Data Center Giant
Generac shares surged 7.7% to $290 after signing a major global agreement to supply backup generators to a leading hyperscale data center operator.
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Outlook Therapeutics Resubmits FDA Application for LYTENAVA – Wet AMD Treatment One Step Closer to Approval
Outlook resubmits FDA application for LYTENAVA eye injection for wet AMD. Decision expected in 60 days.
Nvidia’s Jensen Huang Predicts Marvell Will Be the Next $1 Trillion Chip Giant
Marvell last week forecast that its custom chips business would surpass $10 billion in revenue by fiscal 2029, as cloud companies expand AI data centers.
Alphabet Raises $80 Billion for AI Infrastructure — Berkshire Hathaway Joins With $10 Billion Bet
Alphabet is raising $80B to fund AI infrastructure, with Berkshire investing $10B as confidence grows in its rapid AI expansion.
Credo Stock Drops After Q4 Earnings Beat as Guidance Falls Short of Hopes
Credo shares fell after weak forecast despite strong earnings; AI demand stays strong and company grows via new tech deal.
HPE Skyrockets on Massive Q2 Earnings Beat – AI Servers and Networking Power Record Results
HPE hit record Q2: $10.7B revenue (+40%), strong AI & networking growth, higher profits, raised outlook and cash flow. Two years ahead of plan.