By Leo Marchandon July 23 (Reuters) – SAP’s finance chief said on Thursday that artificial intelligence in enterprise software must move beyond chatbots and coding tools into more complex business processes, where clean data, reliability and cost control matter more than access to the most powerful model. Companies have poured money into generative AI but…
July 23 (Reuters) – Amkor Technology said on Thursday it had entered a multi-year agreement with Nvidia worth $1.5 billion to expand advanced semiconductor packaging and test capacity in the U.S., as the chip industry races to build out AI infrastructure. Shares of the semiconductor packaging company jumped 17% in extended trading. Here are a…
By Jody Godoy July 23 (Reuters) – Paramount Skydance must pause its $110 billion acquisition of Warner Bros. Discovery through August 17, a federal judge ruled on Thursday. The move gives Paramount Skydance more time to argue against a potential months-long pause while the case plays out. The company has said such a prolonged delay…
Key takeaway: The Columbus, Ohio, company completed the Cadence system conversion in late June, which should serve as a springboard to higher growth in the third and fourth quarters, executives said. Supporting data: The conversion gives Huntington much more control over and insight into more than 1.4 million deposit accounts acquired from Cadence. Expert quote:…
Erik McGregor/Getty Images Blackstone does not expect growing competition to drive down returns on its new investments in AI infrastructure, at least not anytime soon, said COO Jon Gray. Speaking during the firm’s Q2 earnings call, Gray said demand for data centers, chips and the power to supply them is so great that the risk…
Moon Capital Management, LLC, an investment management company, released its second quarter 2025 investor letter. A copy of the letter can be downloaded here. The S&P 500 index rebounded in the second quarter, achieving a 9.6% return for the first half of the year, while Moon Capital Management’s equity portfolio gained 4%. AI-related stocks led…
Ironvine Capital Partners, an investment management company, released its Q2 2026 investor letter. A copy of the letter can be downloaded here. The letter emphasizes the vital role of AI adoption in capital markets, highlighting a projected $7 trillion in new debt issuance by 2029 due to increased AI computing investments by hyperscale companies. This…
Tesla reported second-quarter revenue of $28.24 billion, up 26% year over year, while executives highlighted progress toward launching production of the Tesla Semi Class 8 electric truck at its Nevada manufacturing facility. Austin, Texas-based Tesla (Nasdaq: TSLA) released its second-quarter earnings and held a conference call with analysts after the market closed on Wednesday. The…
This article was originally published on ETFTrends.com. To the dismay of advisors and fixed income investors, the words “clear” and “overt” seem to have left the Federal Reserve’s lexicon. However, there are avenues for investors looking for the combination of elevated income and reduced rate risk. The WisdomTree Interest Rate Hedged High Yield Bond Fund…
IBM (IBM) is pinning its hopes for a 2026 rebound in mainframe computing demand after a shock warning on the second quarter sent the stock reeling. But there’s a lot left to be determined. Quick insight: When IBM reported second quarter earnings Tuesday evening, one thing stood out more than most. Fresh off a major…
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