Category: Top Story
-
LG and Nvidia Expand Partnership Across Robotics, AI Factories and Mobility
LG Corp and Nvidia (NASDAQ:NVDA) have signed a memorandum of understanding to deepen their strategic collaboration across robotics, artificial intelligence factories and next-generation mobility technologies. The agreement brings together LG’s manufacturing and technology operations with Nvidia’s AI computing platforms as the South Korean group looks to accelerate the adoption of physical AI across factories, robots…
-
Apple Develops China-Specific AI Model With Alibaba Support, Reuters Reports
Apple Inc (NASDAQ:AAPL) has trained its own large language model specifically for the Chinese market with assistance from Alibaba (NYSE:BABA), Reuters reported on Friday, signalling a change in the technology giant’s approach to introducing artificial intelligence services in China. The development could give Apple greater control over its AI technology as it prepares to bring…
-
Reddit Shares Surge as S&P 500 Inclusion Set for August 18
Reddit (NYSE:RDDT) shares jumped 12.3% in pre-market trading after S&P Dow Jones Indices announced that the social media company will enter the S&P 500 before the opening bell on August 18. Reddit will replace AvalonBay Communities, which is leaving the benchmark in connection with its pending acquisition by fellow S&P 500 member Equity Residential. The…
-
Applied Materials Slips Despite Strong Outlook as SMIC Rallies on Earnings: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures traded close to unchanged on Friday as investors assessed softer inflation data, a fresh round of technology earnings and renewed volatility across semiconductor shares. Applied Materials (NASDAQ:AMAT) issued stronger-than-expected fourth-quarter revenue guidance but still came under pressure as investors weighed the outlook against already elevated expectations for companies exposed to the artificial…
-
S&P 500 Notches Record Close as Cooling Inflation Lifts Wall Street
Stocks pushed higher on Thursday, with the S&P 500 closing at a record high just below the 7,800 mark, as a fresh batch of tame inflation data reinforced expectations that the Federal Reserve will hold interest rates steady next month. Softer readings on wholesale prices, arriving a day after an in-line consumer inflation report, helped…
-
US Stock Futures Edge Higher as Sharp Oil Price Drop Supports Sentiment: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock futures pointed to a modestly higher opening on Thursday, with a sharp retreat in crude oil prices providing support after a mixed Wall Street session. Falling energy prices helped ease some recent inflation concerns, although weakness in Cisco Systems (NASDAQ:CSCO) following its earnings report could limit gains in the technology sector. Crude oil…
-
Dell, HP and HPE Shares Rise After Lenovo Delivers Strong Quarterly Growth
Dell Technologies (NYSE:DELL), HP Inc. (NYSE:HPQ) and Hewlett Packard Enterprise (NYSE:HPE) shares moved sharply higher in Thursday premarket trading after strong quarterly results from Lenovo (USOTC:LNVGY) boosted sentiment across the computer hardware and enterprise technology sector. Dell gained 4%, HP jumped 6.5% and HPE advanced 3.5% as Lenovo reported stronger-than-expected revenue growth, including a near…
-
IBM and OpenAI Launch Enterprise AI Partnership With GPT-5.6 Integration
IBM (NYSE:IBM) announced a strategic partnership with OpenAI on August 13, 2026, aimed at bringing advanced artificial intelligence models and products into IBM Consulting’s enterprise AI delivery platform. The collaboration will target large-scale deployments across industries including financial services, government, telecommunications and retail, with GPT-5.6 among the OpenAI models being integrated. GPT-5.6 and OpenAI products…
-
Cisco Shares Fall as Strong AI-Led Outlook Struggles to Clear High Expectations
Cisco Systems (NASDAQ:CSCO) shares fell more than 5% in U.S. premarket trading on Thursday despite the networking technology group forecasting fiscal 2027 revenue and earnings comfortably above Wall Street estimates. Strong demand for networking equipment and artificial intelligence infrastructure continues to support growth, but investors appeared to have expected even more following a rally of…
-
SpaceX Shares Rebound 39% in a Week as Musk Highlights AI Revenue Potential
SpaceX (NASDAQ:SPCX) shares extended their sharp recovery on Wednesday, August 12, climbing 9.65% to close at $146.15, their highest level since July 9. The stock has now rebounded 39% from its record low of $105.11 reached on August 6, with investor sentiment improving following comments from Elon Musk about the growing importance of artificial intelligence…