These companies offers solutions that use light rather than electricity to move information around in data center environments.
Category: Business
-
TSMC rises on 35% sales jump in Q1 as AI demand holds strong
The chipmaker’s quarterly revenue beat Wall Street estimates despite rising geopolitical concerns.
-
Wall Street CEOs reportedly “summoned” to DC by Scott Bessent and Jay Powell to discuss AI cyber risks after Anthropic’s warning
Top officials are worried about left-tail cybersecurity risks from new AI tools, and making sure the most important American bankers are taking the threat seriously.
-
Stocks continue winning streak on ceasefire optimism
Reports of an agreement between Israel and Lebanon to begin negotiations raised optimism for a sustained ceasefire.
-
More babies are now born to parents over 40 than under 20 in the US
The nation’s fertility rate just hit another record low, as more young people delay, or skip, starting a family.
-
Software stocks fall as ebbing geopolitical risks prompt renewed focus on long-term disruption
In fact, it’s never been more likely that if semis are outperforming the S&P 500, software is lagging.
-
OpenAI: Our new AI tool is too dangerous to release, too!
A new era of powerful AI tools that could render current cybersecurity defenses moot is spooking investors.
-
Bitcoin maintains $71,000 range as new bitcoin ETFs hit market
One of the new funds is designed to capture bitcoin’s profits overnight, a time when bitcoin often sees a significant upside compared to when the US market is open.
-
OpenAI’s Stargate shrinks further as UK data center “paused”
Citing high energy costs, OpenAI said it would be pausing Stargate UK. The move is the latest downsizing of the ambitious global data center plan.
-
Sandisk jumps as Bernstein raises price target to a Wall Street high of $1,250
Analysts even threw out a “blue-sky scenario” price target of $3,000 for Sandisk, should an even more bullish scene play out for both earnings and market valuations.
-
Infleqtion soars after announcing it’s providing upgraded quantum hardware to the International Space Station
Thanks to quantum physics, it may actually be possible to go to infinity and beyond.
-
American Airlines joins the flock, hiking bag fees amid higher jet fuel prices
American joins JetBlue, Delta, Southwest, United, and WestJet in hiking the cost to check a bag.
