Microsoft Corp. (NASDAQ:MSFT) is reportedly scaling back its reliance on third-party AI cloud providers, putting its own data centers first in a move that raises fresh questions for the debt-heavy neocloud sector. Microsoft is still evaluating which neoclouds to drop,…
Firefly Aerospace Inc. (NASDAQ:FLY) and AST SpaceMobile Inc. (NASDAQ:ASTS) shares are trading higher Friday after Firefly announced a rocket engine agreement with AST SpaceMobile valued at more than $1.3 billion. The move may also reflect a recovery in space and…
Pharmaceutical executives say human biology is too complicated for artificial intelligence (AI) to cure disease on its own, with AstraZeneca PLC (NYSE: AZN) CEO Pascal Soriot saying, "Disease is complicated, biology is complicated." No drug designed by AI has won Food…
Apple Inc. (NASDAQ:AAPL) is the only Magnificent 7 technology stock outperforming the S&P 500 index in 2026, according to Charlie Bilello of Creative Planning. Bilello states this market performance is driven by Apple’s free cash flow generation and its avoidance…
Robinhood Markets Inc. (NASDAQ:HOOD) shares are trading lower Friday amid a fall in cryptocurrencies after Binance disclosed the largest crypto hack on record. Crypto is a meaningful part of Robinhood’s revenue. Binance Discloses Record $6.3 Billion Hack, Crypto Prices Fall…
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. BMO Capital analyst Daniel DiCicco downgraded Honeywell Aerospace Inc…
Anthony Scaramucci says Sen. Elizabeth Warren (D-Mass.) is "the joke of jokes," accusing her of echoing bank lobbying talking points while posing as a champion of the unbanked. Why Scaramucci Calls Warren’s Crypto Stance a Joke Scaramucci told The Block’s…
In April 2015, Nvidia Corp. (NASDAQ:NVDA) was a $12 billion maker of graphics cards for video gamers. Today, it is worth more than $5 trillion and powers the artificial intelligence boom. Yet, Nvidia’s stock has just hit its biggest discount…
PepsiCo, Inc. (NASDAQ:PEP) on Thursday renewed its landmark U.S. partnership deal with Yum! Brands, Inc. (NYSE:YUM)-owned Taco Bell for 11 years through 2036. The announcement comes just a week after rival Coca-Cola Co (NYSE:KO) secured a major beverage supply agreement…
Bitcoin (CRYPTO: BTC) tapped $84,000 Wednesday as JAN3 CEO Samson Mow predicts another major rally, citing fading selling pressure and accelerating corporate treasury demand. Speaking to the Bitcoin Magazine on Tuesday, Mow dismissed Bitcoin’s traditional four-year cycle, arguing that its…