Seagate Posts a Record Year as Cloud Storage Demand Keeps Building
Dave Mosley, Seagate’s chairman and chief executive, opened the call with the number that framed everything else: annual revenue up 34%. The drive maker, which has spent the past two…
Apple Touches $5 Trillion, and the Earnings Report Will Decide if It Sticks
At mid-day Tuesday, Apple’s stock jumped about 3% to $342.89, pushing the company’s market value to roughly $5.036 trillion, the first time in its history that the figure crossed the…
Microsoft and Meta Face a Record Options Swing as AI Bills Come Due
The options market has priced a move worth about $190 billion in Microsoft’s market value for Wednesday evening, the largest single-company earnings swing on record. Reuters, citing data from Option…
NVIDIA Puts $1 Billion Into Naver to Build Korea’s AI Factories
Naver shares jumped more than 10% Monday, the kind of move the South Korean internet group has not seen in years, after it disclosed that NVIDIA would acquire $1 billion…
Altman Signals a Slower Pace as OpenAI Digs Out of an Agent Breach
The shift in Sam Altman’s public posture took about a week. On the weekend, the OpenAI chief executive told a podcast that the industry had reached the singularity, that he…
Tesla Hovers Near the $1 Trillion Line as Short Sellers Circle
The round number has held, for now. Tesla’s market value dipped below $1 trillion during trading last Friday, the first time in months, as shares fell to an intraday low…
Samsung Electro-Mechanics Raises MLCC Prices 30% as Parts Squeeze Spreads
The notice went out to distributors this week, and its terms were unusually blunt. Samsung Electro-Mechanics, the world’s second-largest maker of multilayer ceramic capacitors, told customers that from August 1,…
UMC Lifts 2026 Capital Spending to Chase AI Chip Demand
The numbers were on the table before the call began: capital spending of $2 billion for 2026, up from a previously planned $1.5 billion, and about $5 billion combined for…
Cyera Buys Oasis Security for $1 Billion in a Bet on Agent Identities
Yotam Segev, the co-founder and chief executive of Cyera, has a way of reducing security problems to two sentences: knowing your data is not enough if you cannot govern who…
GlobalFoundries Jumps 16% on Silicon Photonics Grant for Its AI Push
Before the opening bell Wednesday, GlobalFoundries shares were up more than 16%, a move that turned the company, briefly, into the hottest stock in semiconductors. The catalyst was not a…
