AI Data Centers

Business

Waymo Secures $16 Billion in New Funding to Accelerate Global Autonomous Ride-Hailing Expansion

Alphabet's self-driving unit Waymo has raised $16 billion in a major funding round, valuing the company at $126 billion. The capital injection aims to fuel rapid fleet and market expansion. In other news, SpaceX moves to acquire Elon Musk's xAI, and California proposes a novel state-level EV incentive program targeting first-time buyers.

Feb 3, 2026

Business

Bloom Energy Soars on $2.65 Billion Power Deal, Fueling AI Infrastructure Boom

Bloom Energy's stock surged nearly 75% in January, propelled by a landmark agreement with American Electric Power and soaring demand from the data center sector.

Feb 3, 2026

Business

Siemens Energy Commits $64 Million to Modernize New York Plant Amid U.S. Manufacturing Push

Siemens Energy is injecting $64 million into its Painted Post, N.Y., compressor factory, a key piece of a broader $1 billion U.S. investment aimed at meeting soaring electricity demand driven by data centers and AI.

Feb 3, 2026

Business

SpaceX's Acquisition of xAI Sets Stage for Historic IPO, Potentially Topping Aramco Record

Elon Musk consolidates his space and AI ventures as SpaceX acquires xAI, with a combined valuation nearing $1.25 trillion. The move precedes a highly anticipated SpaceX IPO that could become the largest in history and reignite the global market for new listings.

Feb 3, 2026

World

Spain Shatters Tourism Records in 2025, Welcoming 96.8 Million Visitors Amid Global Travel Boom

Spain's tourism sector reached unprecedented heights in 2025, with 96.8 million international arrivals and a significant boost in visitor spending, reinforcing its position as a global powerhouse while intensifying debates on sustainability and local impact.

Feb 3, 2026

Business

NVIDIA Charts Path to "Gigawatt" AI Factories with Integrated Photonics, Targeting Power and Scale

In a detailed webinar, NVIDIA's networking chief outlined how co-packaged optics technology is critical for scaling next-generation AI supercomputers, promising significant power savings and improved reliability for massive GPU clusters.

Feb 3, 2026

Business

AI's Hardware Boom Propels Samsung, SK Hynix to Trillion-Dollar Valuation Milestone

South Korea's semiconductor giants, Samsung and SK Hynix, have seen their combined market capitalization surge past $1.1 trillion, eclipsing China's top tech firms, as investors flock to the foundational builders of AI infrastructure.

Feb 3, 2026

World

State-by-State Push to Roll Back Vaccine Mandates Gains Momentum After Idaho Victory

A coalition of activist groups, emboldened by Health Secretary Robert F. Kennedy Jr.'s influence and a landmark law in Idaho, is launching a coordinated campaign to challenge or repeal vaccine requirements in multiple states this year, raising public health concerns.

Feb 3, 2026

Business

AMD's Meteoric Rise: Is the Chipmaker Still a Bargain After 115% Surge?

Advanced Micro Devices' stock has soared over 115% in the past year, fueled by AI optimism. But with shares trading at a steep premium and facing fierce competition, investors are questioning if the rally has room to run.

Feb 3, 2026

Business

Cisco Upgraded to Outperform: Analysts See $100 Target Fueled by AI and Networking Revival

Evercore ISI has upgraded Cisco Systems (CSCO) to Outperform, raising its price target to $100. The firm cites a confluence of AI momentum, a critical campus refresh cycle, and margin expansion as key drivers for sustained growth.

Feb 3, 2026

Business

Nvidia's AI Dominance Faces Its Greatest Threat From Within

While rivals like AMD and Broadcom chip away at the edges, Nvidia's most pressing challenge comes from its own biggest customers—tech giants now building their own AI chips.

Feb 3, 2026

Business

Chunghwa Telecom Caps Off 2025 with Record Revenue, Eyes AI and International Growth

Taiwan's telecom leader, Chunghwa Telecom, reported full-year 2025 results that surpassed its own forecasts, driven by robust core services and strategic ICT expansion. While Q4 operating income faced headwinds, the company posted a decade-high for fourth-quarter EPS and outlined ambitious plans for AI, submarine cables, and renewable energy to fuel its 2026 roadmap.

Feb 3, 2026

Business

Montage Technology's Hong Kong IPO Priced at Top of Range, Raising $902 Million

Chinese chip designer Montage Technology has priced its Hong Kong secondary listing at the top of its indicated range, raising HK$7.04 billion ($902 million) in a vote of confidence for China's semiconductor sector amid ongoing global supply chain tensions.

Feb 3, 2026

Business

CytomX Therapeutics Surges on Promising Early Colorectal Cancer Data, Analysts Bullish on Probody Platform

Shares of CytomX Therapeutics (CTMX) jumped over 14% this week after early-stage clinical data for its lead Probody candidate, varsetatug maseatecan, in metastatic colorectal cancer drew positive reactions from Wall Street. The move highlights growing confidence in the company's conditionally activated antibody platform, designed to target tumors more precisely while sparing healthy tissue.

Feb 3, 2026

Business

Sanmina Surpasses Revenue Expectations, Fueled by AI Infrastructure and ZT Systems Integration

Electronics manufacturer Sanmina reports stronger-than-anticipated revenue, driven by surging demand for AI infrastructure and high-performance networking systems. The company's recent acquisition of ZT Systems is poised to significantly bolster its position as new platforms enter volume production, with further growth expected from industrial, energy, and medical sectors later this year.

Feb 3, 2026

Business

Nintendo Profits Soar on Blockbuster Switch 2 Sales, But AI-Driven Chip Crunch Casts Shadow

Nintendo's net profit surged over 50% in the first nine months of its fiscal year, fueled by the record-breaking launch of its Switch 2 console. However, the company faces mounting pressure from a global memory chip shortage, driven by intense demand for AI hardware, which threatens to increase manufacturing costs and potentially affect future pricing.

Feb 3, 2026

Business

Oracle Secures Financial Path for AI Ambitions with $50 Billion Fundraising Plan, Barclays Reaffirms Bullish Stance

Barclays reiterates its Overweight rating on Oracle, citing reduced financial uncertainty after the tech giant outlined plans to raise up to $50 billion. The move is seen as crucial for funding its aggressive push into cloud and AI infrastructure while preserving its credit rating.

Feb 3, 2026

Business

Bank of America Sees Nvidia Dips as Entry Points, Reiterates $275 Target Amid AI Spending Surge

Bank of America reaffirms its Buy rating on Nvidia with a $275 price target, advising investors to view share weakness as a buying opportunity. The call comes as Nvidia deepens its AI ecosystem involvement through a major investment in OpenAI.

Feb 3, 2026

Business

Lumentum Shares Surge 8% Ahead of Earnings, Fueled by Analyst Optimism on AI Networking Demand

Lumentum Holdings Inc. saw its stock price climb over 8% on Monday, extending recent gains as investors positioned themselves ahead of quarterly results. The rally was supported by a series of bullish price target upgrades from major Wall Street firms, citing the company's exposure to the infrastructure needs of agentic AI and advanced reasoning networks.

Feb 3, 2026

Business

Broadcom Emerges as a Top Compute Play as AI Demand Reshapes Semiconductor Landscape

Bank of America highlights Broadcom alongside Nvidia and AMD as a leading compute stock, fueled by robust AI infrastructure spending and compelling valuations, with Wells Fargo and Bernstein also raising targets.

Feb 3, 2026