Cyngn Partners with NVIDIA to Fast-Track Self-Driving Forklifts
Cyngn uses NVIDIA Isaac Sim to test autonomous forklifts in virtual warehouses, speeding up development and reducing costs for industrial automation.
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Intel and SoftBank Join Forces to Develop AI-Ready Memory Technology
Intel and SoftBank's Saimemory partner on next-generation memory tech for AI computing. ZAM program targets 2029 commercialization with improved performance and efficiency.
Palladyne AI Shares Jump After $1M Defense Contract
Palladyne AI stock rose 12% premarket after winning a $1M missile propulsion contract, highlighting strong growth in its defense technology business.
PayPal CEO Replaced as Earnings Miss, Stock Tumbles
PayPal (PYPL) announces CEO change as Q4 earnings disappoint. HP's Enrique Lores to replace Alex Chriss. Shares drop 16% on weak retail spending and slowing branded checkout growth.
BofA Upgrades Sigma Lithium After Mining Restart
BofA analyst upgrades Sigma Lithium to Neutral as mining activities resume, reducing timeline risks but liquidity concerns remain.
Morgan Stanley Turns More Positive on Affirm Despite Stock Weakness
Morgan Stanley upgraded Affirm to Overweight, saying recent stock weakness offers a compelling risk/reward and long-term growth remains intact.