Intel’s stock soars 15% as results top estimates, with chipmaker showing signs of growth
Intel has been a Wall Street darling of late even as the business has yet to find much momentum.
Investor Bill Baruch buys Arm, citing pivot to AI chips and recent Meta deal as catalysts
Shares of Arm Holdings jumped last month after the company unveiled its first new in-house chip.
Owning the stage: Look past Live Nation’s legal troubles to see a growing, high-margin venue business
Live Nation’s stock hasn’t caught up to the possibility that the company, once freed from its legal overhang, can capture more fan dollars.
Texas Instruments’ stock jumps 18%, heads for best day since 2000 as AI demand soars
Texas Instruments beat on earnings and revenue and gave upbeat guidance.
Meta will cut 10% of workforce as company pushes deeper into AI
Meta plans to lay off 10% of its workforce, equaling about 8,000 employees, as the company continues to ramp up investments in artificial intelligence.
White House warns of ‘industrial-scale’ efforts in China to rip off U.S. AI tech
The U.S. government has previously accused China of targeting American AI technology and intellectual property.
Brent oil tops $104 per barrel on unconfirmed report Iran’s top negotiator resigned
Oil prices are rising again as tensions escalate in the U.S.-Iran conflict.
Software stocks plunge on ServiceNow, IBM results as AI fears escalate
Shares of ServiceNow sank over 16%, dragging down other software names like Salesforce, Workday and Oracle with it.
OpenAI announces GPT-5.5, its latest artificial intelligence model
The model is better at coding, using computers and pursuing deeper research capabilities, OpenAI says.
Stocks making the biggest moves midday: Texas Instruments, United Rentals, Wex, Penn Entertainment & more
These are the stocks posting the largest moves midday.