Major US indexes fell as hopes for a US-Iran deal faded and oil prices surged, with the Dow dropping over 400 points intraday before closing lower.

The AI cloud provider beat revenue and earnings expectations and raised its year-end active power target to more than 1.85 GW, though it carries $35 billion in

US crude climbed as much as 3% after President Trump demanded Iran pay reparations and Tehran refused, heightening supply disruption fears.

The server maker impressed Wall Street with a profitability improvement trajectory and a forecast that exceeded analyst estimates.

Intel upsized its share sale to $20 billion to fund its AI comeback, with the stock rally helping to finance the turnaround.

Wall Street endorsed Nvidia's concept of using GPUs as long-term collateral to unlock massive funding, though chip depreciation and China risk loom.

Nvidia has partnered with six major financial institutions including KKR to establish up to $500 billion in financing for customers building AI data centers, a

Intel increased its common stock offering from $15 billion to $20 billion after receiving approximately $100 billion in orders, with CEO Lip-Bu Tan reportedly s

Intel's massive capital raise signals sustained demand for advanced lithography tools, boosting ASML shares as the chipmaker expands manufacturing capacity for

South Korea's early-August exports jumped 45.3% year-over-year to a record, driven by surging semiconductor demand that pushed chip exports near $10 billion in

Bank of America reiterated a bullish stance on Nvidia despite its 'weak spot' in AI financing risk, while Cathie Wood's ARK Invest added to its Nvidia position

Morningstar analyst warns TSMC's revenue growth could face uncertainty later this decade as massive AI infrastructure investments need to prove their returns, t

Oracle shares fell ~3.7% amid multiple headwinds: reports of new layoffs this month, resurfacing AI capex concerns, a bearish bet by Michael Burry, and broad so

Atlassian shares jumped roughly 30-40% after a blowout Q4 FY2026 earnings report, with analysts citing the Rovo AI assistant and cloud transition as key drivers

Software and tech stocks fell broadly on Tuesday as AI spending fears resurfaced, with the sector underperforming the broader market ahead of CPI data.

CoreWeave revenue more than doubled on surging AI compute demand, but its ~$35B debt load tempers investor enthusiasm.

Oracle is integrating Quantinuum's 98-physical-qubit Helios quantum computer into its cloud infrastructure, aiming to offer quantum computing via OCI.

Big Tech's $745 billion AI capex target signals spending is 'still early innings', reshaping post-earnings volatility patterns for hyperscalers.

Nvidia is working with BlackRock, Goldman Sachs, KKR and other asset managers to mobilize $500 billion for AI data center financing, with CEO Jensen Huang calli

Taiwan Semiconductor posted a record month as unrelenting AI chip demand drove July sales up 44.7-45% year-over-year, signaling robust semiconductor demand.

Super Micro Computer's Q1 and FY27 revenue guidance blew past analyst expectations, underscoring sustained AI spending momentum.

CoreWeave reported revenue more than double year-over-year as AI cloud demand explodes, though $35 billion in debt raises concerns about the company's leverage.

CEO Hock Tan reiterated Broadcom's $100 billion AI chip revenue outlook, with six customers accounting for nearly all of it as custom AI silicon demand accelera

Google announced its Gemini chatbot has hit one billion users, with 63% using voice features and the platform generating over 150 million images daily.

Britain's MHRA grants the first European approval for Lilly's once-daily oral GLP-1 pill orforglipron (Foundayo), expanding obesity treatment options beyond inj

Sionna's lead candidate failed a pivotal trial, wiping out nearly all of the company's market value and dealing a severe setback to CF drug development.

Eli Lilly's market capitalization surpasses $1 trillion fueled by weight loss drug sales while rival Novo Nordisk faces headwinds.

Jazz Pharmaceuticals acquires Actio Biosciences for up to $820 million to add epilepsy pipeline assets.

FDA grants accelerated approval for Vera's TRUTAKNA (atacicept) to treat IgA nephropathy, a rare kidney disease.

The UK becomes the first European country to approve Lilly's Foundayo, while broader EU approval remains pending.

Treasury Secretary Bessent signaled a US-Iran deal to reopen the Strait of Hormuz could be imminent, triggering a sharp drop in oil prices and a rally in global

Houthi rebels claimed a ballistic missile strike on a Saudi oil tanker, while an India-flagged tanker reportedly carrying Saudi oil sank off Yemen, escalating R

BP, Glencore, and other energy majors posted sharply higher second-quarter profits, with BP's profit more than doubling, as the Iran conflict drove oil prices a

President Trump criticized major oil companies including Exxon and Chevron for profiting from high gasoline prices amid the Iran war, saying they should cut pri

Saudi Aramco reported a 33% increase in second-quarter profit, benefiting from elevated oil prices due to the Iran conflict and Middle East supply disruptions.

A senior Syrian official said an old Iraq-to-Syria oil pipeline that bypasses the Strait of Hormuz could be operational within three years, accelerated by the H

Tesla's proposed $10.1 billion solar cell factory in Fort Bend County, Texas would be one of the largest renewable energy manufacturing investments in the US.

Samsung SDI takes full control of the joint-venture battery factory as GM exits the $3.5 billion facility.

Tesla's China sales fell sharply in July despite the overall battery EV market growing, signaling intensifying competition from domestic rivals.

Pure battery-electric cars are the only vehicle type growing in China's auto market as sales of combustion-engine vehicles continue their structural decline.

Elon Musk's $16.8 billion chip megafactory will be powered by SpaceX's own gas plants and battery arrays, despite Tesla being a partner on the project.

Kia's affordable electric SUV is now on sale in the US with competitive pricing and EPA-estimated range, targeting the entry-level EV segment.

The Pentagon formally requested industry plans within 21 days for significantly faster production and delivery of critical weapons, driven by concerns over depl

Multiple reports indicate U.S. Patriot, THAAD, and other missile stockpiles are critically low after operations in Iran and Ukraine, with replenishment not expe

The U.S. Navy and MDA awarded Raytheon a $745 million contract for SM-3 Block IIA interceptors to expand air defense against ballistic missile threats, includin

Lockheed Martin announced Strigo, a new line of modular missile and sensor hardware with a dedicated storefront, aimed at accelerating development and reducing

Lockheed Martin's ICBM-killing Next Generation Interceptor passed two key motor tests after an 18-month delay, and the company also won an MDA contract to moder

Space Force Gen. Michael Guetlein warned at the Space and Missile Defense Symposium that the Golden Dome program would stop if continued funding falters, as Con

The initiative uses blockchain tokens to give institutional investors digital access to money market funds, a major step in Wall Street tokenization.

JPMorgan raised its S&P 500 year-end target for the second time in two months, citing AI-related productivity gains and earnings growth.

DBS and OCBC shares rose after record Q2 earnings driven by wealth and treasury fees, while UOB fell on resurfacing asset quality worries.

Major U.S. banks are participating in Swift's new platform aimed at modernizing and speeding up international payment infrastructure.

Wells Fargo is developing internal stablecoin capabilities, signaling deeper institutional engagement with digital currency technology.

A group of states filed a lawsuit challenging OCC rules they argue preempt state mortgage escrow protections.

Target hired a chief AI officer for the first time, signaling a broader push by large retailers to embed artificial intelligence across operations.

The Swiss sportswear brand reported constant currency net sales growth of 21.6% in Q2, but that fell short of Wall Street expectations, with exchange rates cont

The CNBC/NRF Retail Monitor showed continued consumer spending momentum in July, marking a tenth consecutive month of sales growth.

The addition of Red Bull to McDonald's McCafe menu aims to boost afternoon traffic as the chain looks beyond value deals to drive visits.

Wendy's faces declining traffic and breakfast sales as Burger King pulls ahead, with the CEO acknowledging the chain has not consistently delivered for customer

The mall owner reported robust leasing activity and rising retailer sales, and is poised to generate millions more in rent after Saks Global closures freed up s

Archer Aviation will acquire Boeing subsidiaries Wisk Aero, Insitu, and SkyGrid and take a minority stake from Boeing, forming an end-to-end physical AI platfor

Unitree Robotics' IPO was 8000 times oversubscribed, drawing comparison to SpaceX demand, and lifting robotics stocks including Ouster, Symbotic, and Teradyne.

Caterpillar reported a blowout quarter with record revenue driven by generator sales for hyperscale data centers, and analysts raised estimates and highlighted

SpaceX plans to invest $16.8 billion in the first phase of a massive Terafab manufacturing project in Grimes County, Texas, creating 3,000 jobs and receiving $3

The Department of Defense's Office of Strategic Capital inked conditional loan commitments with Sila Technologies, Sunrise Energy Metals, and Niron Magnetics to

Honeywell is positioning as a pure-play automation company, while Jim Cramer dumped Honeywell Aerospace after a shock guidance cut triggered a sharp selloff.

Iron ore prices remain rangebound as a strike at Australia's Port Hedland collides with weak Chinese economic data, pressuring the key steelmaking raw material.

L&T joins a growing Indian push to establish domestic rare-earth magnet production, reducing reliance on Chinese supply for critical components in EVs and defen

Fortescue's large-scale electric truck order signals continued investment in decarbonizing its mining fleet amid mixed operating results at its Iron Bridge magn

Indian steelmakers are turning to imported ore as domestic supply struggles to keep pace with growing demand, adding to cost pressures.

Iron Ore Company of Canada faces steep production and earnings declines, prompting a strategic review of operations.

The precious metals royalty and streaming company released its quarterly earnings, amid a favorable gold price environment.