ServiceNow Eyes $7B Armis Acquisition to Boost Cybersecurity Arsenal
ServiceNow is in advanced talks to acquire cybersecurity startup Armis for up to $7 billion, marking its largest deal yet as tech giants race to strengthen security offerings.
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Oracle Delays OpenAI Data Centers to 2028 Amid Shortages
Oracle pushes back completion of massive OpenAI data centers by one year to 2028, citing labor and material shortages in $300B cloud computing deal.
Cantor Fitzgerald Upgrades SoundHound on Strong Voice-AI Momentum
Cantor Fitzgerald upgrades SoundHound to Overweight with a price target raised to $15, citing strong execution, cross-selling success, and long-term growth potential in voice and conversational AI.
Broadcom Stock Falls on Vague AI Outlook, Margin Concerns
Broadcom shares dropped despite $73B AI backlog and strong earnings as CEO declined 2026 forecast and warned of narrowing profit margins.
Rivian Builds Its Own AI Chip to Boost Future Self-Driving Features
Rivian has built its own AI chip, RAP1, to replace Nvidia tech and boost future self-driving features. The chip improves performance, lowers costs, and will debut in the R2 SUV.
Arista Networks Earns Continued Buy Rating from Evercore ISI
Evercore ISI reiterates a Buy rating on Arista Networks with a $175 price target, citing strong revenue growth, impressive margins, and long-term sector positioning.