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29/10/2026
Marvell Technology plunged more than 11% in after-hours trading, while Lumentum soared 16%. Reports say Marvell has entered advanced talks to acquire Lumentum.
Latest
5 m ago
Microsoft (MSFT.O) CEO: Demand is accelerating, and the company will add 24 new data centers across five continents this quarter.
5 m ago
US Treasury Secretary Bessent said that although yields on some AI-related debt have risen to double digits, new cloud service providers account for a limited share of the overall AI industry, financing risks do not yet constitute a major problem, and related financing transactions are still proceeding, with companies such as Meta also beginning to raise funds through equity issuance. He also said that future Federal Reserve rate hikes would not necessarily constitute a policy error, and that an open mind should be maintained in assessing whether the energy shock is only temporarily pushing up inflation. Bessent also expects that after the US-Iran conflict ends, global oil supply will become ample, helping to ease inflation and lower borrowing costs.
7 m ago
Microsoft CEO: Accelerating demand is driving the company to add 24 new data centers across five continents this quarter.
18 m ago
Google: All TPU inventory is tied to customer contracts that have already been signed. Focus on improving TPU profit margins.
26 m ago
Meta Platforms (META.O) is offering 40 million shares of Class A common stock, according to a U.S. Securities and Exchange Commission (SEC) filing.
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