AMD’s Microsoft deal for Helios rack-scale AI systems and next-gen Instinct and EPYC chips joins AMD's list of wins along with other AI industry favorites.

Amazon is cutting jobs as part of an internal reorganization in order to focus resources on higher-priority AI projects. Meanwhile, it continues to invest heavily in models, cloud infrastructure, and custom...

3M beat second-quarter estimates and raised full-year adjusted EPS guidance following its AI infrastructure partnership with Microsoft.

Fortinet announced a collaboration with Intel to develop the Fortinet Security Processor 6 on the Intel 4 process, making Fortinet the first named cybersecurity customer for Intel Foundry.

Costco expands beyond traditional warehouse-attached fuel sites on June 24 by officially opening its first standalone, members-only gas station with 40 pumps in Mission Viejo, California.

Wells Fargo announced plans to raise its dividend by 11% to $0.50 per share from $0.45 after the Federal Reserve’s stress test showed its CET1 ratio remaining well above requirements.

GameStop raised its stake in eBay to nearly 10% (about 43.4 million shares) after eBay’s board rejected its roughly $55.5 billion takeover offer of $125 per share as “neither credible nor attractive.”...

AMD is set to host its Advancing AI 2026 event on July 22 amid strong AI server demand expectations and a solid Q1 where revenue reached about $10.3 billion.

With Oppenheimer's downgrade and a complete withdrawal of its price target following IBM's 25% single-day post-earnings drop, where will IBM go from here? Investors are wondering.

Citi cut its Microsoft price target from $620 to $570 while maintaining a 'Buy' rating, citing ongoing software multiple compression after the stock dropped 10%.