Palantir Lifts Sales Forecast as AI Boom Fuels Record Growth
Palantir Technologies raises its 2025 sales outlook to $4.4 billion after strong Q3 results and surging demand for its AI-powered data analytics from governments and businesses.
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Adeia Shares Fall 18% After Cutting Full-Year Guidance and Suing AMD Over 10 Semiconductor Patents
Adeia stock dropped 18% after lowering its 2025 revenue forecast and filing a patent infringement lawsuit against AMD involving ten semiconductor patents, including hybrid bonding and advanced node technologies.
Vertiv Expands Liquid Cooling Services with PurgeRite Acquisition
Vertiv intends to acquire PurgeRite to enhance fluid management services, supporting high-density AI data centers and improving thermal efficiency and system uptime.
UAE Air Taxis: New Target Set for Flying Car Certification
The UAE aims to approve flying cars (air taxis) by late 2026. This key certification delay caused stock prices for major eVTOL companies to fall.
Beyond Meat Delays Earnings to Handle Major Asset Write-Down
Plant-based meat maker Beyond Meat (BYND) delayed its Q3 earnings release to calculate a massive asset write-down.
Amazon AWS Secures Massive $38 Billion Deal to Supply OpenAI Compute Power
AWS signed a $38 billion deal to power OpenAI. Amazon will provide massive computing resources (like Nvidia GPUs) over seven years for AI development.