Record Trading Revenue Fuels JPMorgan’s Strong Q1 Earnings Beat Despite Market Volatility
JPMorgan profits rose on market volatility, trading surged, earnings beat forecasts, but CEO warned of global economic risks.
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Amazon Buys Globalstar: Leo Satellites to Bring Direct-to-Phone Service and Power Apple iPhone Connectivity
Amazon to acquire Globalstar and partner with Apple to power next-generation direct-to-device satellite connectivity for iPhone, Apple Watch, and cellular phones worldwide via Amazon Leo.
Scott Kirby Proposes Historic United-American Airlines Merger to Trump
United may merge with American to compete globally, but faces big concerns over higher prices, less competition, and approval hurdles.
Bloom Energy to Supply 2.8 GW of Fuel Cells to Oracle for AI Power Push
Bloom will supply clean power to Oracle’s AI data centers, helping meet rising energy needs with fast, reliable onsite fuel cell systems.
SanDisk Shares Jump as Analyst Predicts $2,600 Price Target
Evercore ISI initiates coverage on SanDisk with Outperform rating and $1,200 target, seeing bull case of $2,600. Stock surges as it joins Nasdaq 100.
Credo Buys DustPhotonics for $750M: Big Leap into Silicon Photonics for Faster, Cheaper AI Networks
Credo buys DustPhotonics to boost AI data speeds using light chips, cutting costs and power while targeting strong growth in a $6B market.