Onsemi and Czech Ministry cancel $2 billion silicon carbide expansion
ON Semiconductor and the Czech Ministry of Industry and Trade agreed to halt a $2 billion silicon carbide expansion in…
Stock Market News
Latest stock market news covering equities beyond the Magnificent 7 — sector earnings, IPOs, M&A activity and broader market moves.
Hassett Says Data Center Growth Will Continue Despite Midterm Ballot Defeats
National Economic Council Director Kevin Hassett said he expects data center growth to continue as projected despite the Democratic midterm…
Super Micro posts $19.95 billion quarter and lifts full-year revenue forecast to $72 billion-$82 billion
Super Micro Computer reported first-quarter fiscal 2027 net sales of $19.95 billion, beating consensus estimates by $3.7 billion, and raised…
Tech selloff wipes out hedge fund gains, prompting risk cuts and layoffs
A global equity selloff led by technology stocks has erased year-to-date gains at many hedge funds. Some managers are cutting…
IREN Pushes Over $4 Billion in Annual Recurring Revenue to at Least January at Customer’s Request
IREN said over $4 billion in annual recurring revenue projected for 2026 has been pushed out to at least January….
