Activist Investor Pushes Snap to Cut Costs and Boost Profits
Activist fund Irenic Capital wants Snap to spin off its smart glasses business, cut jobs, buy back shares, and use AI to improve ad revenue.
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Aehr Test Shares Surge on Major New Silicon Photonics Order for AI Data Centers
Aehr Test Systems wins major new customer for high-power FOX-XP wafer-level burn-in systems for silicon photonics in hyperscale AI data centers.
Uber’s Strategic Stake in WeRide Powers World’s First Paid Driverless Taxis in Dubai
Uber reveals 5.82% ownership in WeRide as fully driverless robotaxis start paid operations in Dubai today.
Marvell Shares Surge as NVIDIA Announces $2B Investment and Strategic Partnership
Marvell stock jumped after Nvidia announced plans for a $2B investment and partnership to boost AI, chips, and telecom tech, continuing a run of similar bets.
Loop Capital Launches Coverage on Payments Stocks – Block Gets Buy Rating at $75
Full list of ratings for payments stocks including Visa, Mastercard, PayPal & more.
Nebius to Build Massive 310 MW AI Factory in Lappeenranta, Finland – One of Europe’s Largest AI Compute Sites
Nebius plans a huge AI supercomputer factory in Lappeenranta, Finland—up to 310 MW, one of Europe's biggest. First phase ready 2027, using NVIDIA's latest tech.