Software Stocks Plunge as Amazon’s New AI Agent Sparks Disruption Fears
Software stocks (IGV) dropped 4.3% after Amazon revealed it’s building AI agents to automate sales, cybersecurity and networking jobs.
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Vertiv Boosts AI Cooling Power with ThermoKey Acquisition and Major Factory Expansions
Vertiv agrees to acquire Italian cooling specialist ThermoKey, expanding its thermal management portfolio for high-density AI data centers. Vertiv also announces major factory expansions in the Americas to meet surging AI demand.
Arm Enters the AI Chip War: Launches Its First-Ever AGI CPU with Meta as Lead Customer
Arm enters the AI chip race with its new 136-core AGI CPU. Meta is the first major buyer as Arm targets $15B annual revenue from chips in 5 years — aiming for $25B total company sales.
Etsy Faces Headwinds as Rising Gas Prices Hit Discretionary Spending
Oppenheimer lowers Etsy’s first-half sales estimates due to higher gas prices and plateauing buyers. Shares fall sharply.
Circle Stock Drops as Clarity Act Limits Stablecoin Rewards
Circle Internet stock plunged after the latest Clarity Act draft banned rewards on stablecoin balances. Narrow yield rules spark sell-off.
Big Change at NASA: Lunar Gateway Paused, Moon Surface Base Now Priority – LUNR Falls
NASA shifts focus from Lunar Gateway to a Moon surface base. Intuitive Machines shares fall over 13% as the agency accelerates plans for sustained lunar presence.