Chinese Tech Surge: Alibaba Leads Hang Seng Tech Rally on Accelerating Cloud Growth
Strong Cloud revenue outlook and narrower Taobao losses drove the surge, lifting the Hang Seng Tech Index 5%.
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Meta Stock Climbs as Muse Image Takes On OpenAI and Midjourney
Meta unveils Muse Image, its first in-house AI image generation model, integrated into Instagram, WhatsApp, and Meta AI.
Accenture Shares Surge as Accenture Edge AI Unit Launches with Google Cloud
Accenture stock rises after launching AI solutions with Google Cloud, boosting hopes for faster AI growth despite recent market challenges.
DigitalOcean Soars on Explosive Q2 2026 Preview: 29% Revenue Growth, RPO Surges Over 10x to $800M+
DigitalOcean secures 20 MW additional data center capacity, bringing total committed to 155 MW.
Samsung’s 19-Fold Profit Surge Fueled by AI Chips, But Shares Plunge on Boom Worries
Investors fear the AI rally may be peaking.
Rivian Boosts Q2 Revenue Guidance on Strong Deliveries, Shares Fall After Launching $1.5 Billion Stock Offering
Rivian Automotive lifted its second-quarter revenue projection above estimates, driven by electric vans and R1/R2 demand. However, a $1.5B share offering weighed on RIVN stock.