This Chinese firm has topped Micron and Kioxia in shipments of crucial NAND memory chips
Counterpoint Research looked at the NAND segment of memory chips, which is benefitting along with the larger DRAM segment from…
Economy
‘Hormuz remains blocked’: Iran disputes Trump claims as traffic sinks to near 3-month lows
The Persian Strait Gulf Authority said "the Strait of Hormuz remains blocked and will not be reopened until Iran's conditions…
Trump says NYC pied-à-terre tax ‘must be stopped,’ eyes federal block
Trump in a Truth Social post called Mamdani's pied-à-terre tax a "dangerous political 'experiment' in New York will destroy" the…
CoreWeave stock pops 14% as revenue doubles on accelerating AI infrastructure demand
CoreWeave's revenue is surging as the AI boom continues, but the company is also sitting on $35 billion in debt.…
Santoli: Stocks return to winning ways. Why the market gods may not be satisfied with July’s brief pain
The stock market's winning history – a hit rate of 100% over any past 20-year span - is well understood.…
Intel plans $15 billion stock offering as AI demand accelerates
Technology giants have shelled out trillions to support insatiable AI demand and the infrastructure buildout. ...
U.S. oil price hits $80 as doubt grows Washington and Tehran will reach Strait of Hormuz deal
Oil rose as traders assess mixed signals from the U.S. and Iran amid worries that a deal to open the…
Hugging Face hack marks start of dangerous AI cyber era and many firms ‘don’t even know it’
The Black Hat cybersecurity conference in Las Vegas couldn't have come at a better time, with AI agent hacks stacking…
Iran sets conditions for opening Strait of Hormuz after UAE says one of its ships was targeted by airstrike
Iran's military stressed that the crucial waterway would only be reopened when the U.S. accepts Iran's conditions. ...