SK Hynix Falls 5% After Approving $38 Billion in New Memory Fabs; Seagate, Micron, SanDisk Also Slide
SK Hynix's board approved roughly $38 billion for two new memory fabs in South Korea, and the stock fell 5%…
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Twilio Stock Surges 31% After Earnings Beat On Growing AI Voice Demand
Twilio's stock jumped more than 31% after the communications software maker's second-quarter earnings and revenue beat Wall Street estimates, with…
Sands Capital Letter Credits Nvidia’s Shift From GPU Maker to AI Infrastructure Platform
Sands Capital Technology Innovators Fund credited Nvidia's shift from a GPU maker into a broader AI infrastructure platform for part…
Aswath Damodaran Says Microsoft, Amazon, Meta and Alphabet Are Overinvesting in AI
Aswath Damodaran, the NYU Stern professor known as the "Dean of Valuation," says Microsoft, Amazon, Meta and Alphabet are collectively…
Argus upgrades SpaceX to buy, cites AI spending payoff and $160 price target
Argus Research raised SpaceX to buy from hold on Friday, setting a $160 price target and pointing to fast payback…
