Category: Top Story
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Stanley Black & Decker outlines $1 billion U.S. investment through 2028
Stanley Black & Decker (NYSE:SWK) plans to invest $1 billion across its U.S. operations through 2028, with spending focused on research and development, manufacturing capabilities and workforce development. The New Britain, Connecticut-based company said the programme is intended to support the development of new products while strengthening its domestic manufacturing infrastructure and preparing workers for…
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Lockheed Martin demonstrates AI-powered drone detection system using 5G networks
Lockheed Martin (NYSE:LMT), Verizon (NYSE:VZ), Keysight Technologies (NYSE:KEYS), ODC and Astris AI completed a live demonstration of the NetSense Airspace Awareness-as-a-Service platform in the Miami area in July, showcasing technology designed to detect and monitor drones using existing 5G infrastructure. The system combines Verizon’s 5G network spectrum with ODC’s AI-native Radio Access Network software, Nvidia’s…
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Almonty Industries: The $800 Million Bet on Tungsten
Join host Lyndsay Malchuk on Market Frontlines for an exclusive, no-holds-barred interview with Lewis Black, CEO of Almonty Industries (NASDAQ:ALM). As global powers race to break China’s decades-long grip on the tungsten market, discover how Almonty is securing strategic assets in the US, advancing the world-class Sangdong project in South Korea, and expanding its Portuguese…
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A copper-zinc discovery with district-scale ambitions
Could this Iberian Pyrite Belt project be just getting started? As global demand for critical metals continues to rise, investors are increasingly searching for exploration and development companies with exposure to copper and zinc in stable mining jurisdictions. Europe’s renewed focus on domestic resource security, combined with the long-term electrification trend, has shone a spotlight…
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CoreWeave shares surge as record revenue and stronger guidance highlight AI demand
CoreWeave (NASDAQ:CRWV) shares jumped more than 15% on Tradegate on Tuesday after the cloud infrastructure provider delivered record revenue for a fifth consecutive quarter, exceeded Wall Street expectations and raised its outlook as demand for artificial intelligence computing capacity remained strong. CoreWeave operates a specialised cloud platform built around large volumes of Nvidia’s advanced graphics…
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U.S. CPI in focus as CoreWeave surges on AI demand and Hormuz traffic falls: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures moved higher ahead of closely watched July inflation figures, with investors looking for clues about how the data could influence Federal Reserve interest rate decisions over the coming months. CoreWeave (NASDAQ:CRWV) shares surged after booming artificial intelligence demand drove another sharp increase in revenue, although the cloud-computing company’s heavy capital spending remained…
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Wall Street Pulls Back From Records as Oil Jumps and Inflation Data Looms
Stocks retreated from recent highs on Tuesday as investors turned cautious ahead of key inflation data due later this week and watched a fresh climb in oil prices tied to rising Middle East tensions. All three major indexes finished lower, with the tech-heavy Nasdaq bearing the brunt of the selling as traders trimmed exposure to…
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Tesla investors need more Robotaxi scaling evidence, Morgan Stanley says
Tesla (NASDAQ:TSLA) may need to demonstrate clearer progress in scaling its Robotaxi business before investors gain greater confidence in the company’s broader Physical AI strategy, according to Morgan Stanley. In a note to clients on Tuesday, analyst Andrew Percoco said feedback following Tesla’s second-quarter earnings showed investors remain constructive on the long-term opportunity, particularly given…
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Nocera Expands AI Infrastructure Strategy with New 50/50 Energy Joint Venture
Nocera (NASDAQ:NCRA) is taking another significant step in its transformation into a diversified technology and infrastructure holding company, announcing a new 50/50 joint venture with INERGX focused on the rapidly growing mission-critical energy market. The partnership is designed to identify, fund, acquire, develop and commercialise businesses, technologies and infrastructure projects across the energy supply chain,…
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TSMC and Sony plan $4.69 billion Japan chip venture for next-generation image sensors
TSMC (NYSE:TSM) and Sony Group (NYSE:SONY) are joining forces on a $4.69 billion semiconductor venture in Japan focused on developing and manufacturing next-generation image sensors, with mass production targeted for 2029. The companies announced the agreement on Tuesday, outlining plans for a new manufacturing operation in Kumamoto, southern Japan, where TSMC already operates its Japan…