Microsoft Launches New Maia 200 AI Chips, Easing Nvidia Reliance
Microsoft unveils its second-gen Maia 200 AI chips to power GPT-5.2 and Copilot, benefiting partners Marvell and Arista Networks.
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Noble Corporation Wins $1.3 Billion in New Offshore Drilling Contracts
Noble Corporation secures $1.3 billion in new drilling contracts, expands into Norway, and boosts future fleet utilization and cash flow.
Treasury Cancels All Booz Allen Contracts After Tax Data Leak
Treasury Department ends $21M in contracts with consulting firm Booz Allen Hamilton following employee's guilty plea for leaking Trump's tax information to media outlets.
Wells Fargo Maintains Cautious Stance on Trade Desk After CFO Change
Wells Fargo keeps Equal Weight rating on Trade Desk (TTD) as company announces CFO transition after just 6 months, raising concerns about management stability and Amazon competition.
Lands' End Secures $300M in Strategic Partnership with WHP Global
Lands' End forms joint venture with WHP Global, receiving $300M to pay off debt while retaining 50% ownership and operational control of its business.
Enphase Energy Cuts 160 Jobs as Solar Tax Credit Expires
Enphase Energy announces 6% workforce reduction and restructuring plan following expiration of federal solar tax credit. Stock drops 3.7% premarket.