Guggenheim upgraded Salesforce and ServiceNow to buy on Wednesday, arguing AI will pressure but not kill the platforms, sending shares up more than 5% and 6%, respectively, in midday trading.
Meta Platforms shares rose 8% after the company confirmed plans to build a cloud business selling its surplus AI computing capacity to outside customers, a move that sent rival neocloud stocks sharply lower.
The FTC has settled with Amazon for $2.25 million over allegations the company blocked identity theft victims from accessing fraud transaction records they were legally owed under the Fair Credit Reporting Act.
CrowdStrike and Palo Alto Networks each recorded their best quarter ever between April and June 2026, with stock gains of 95% and 113% respectively, as the rise of Mythos-class AI models accelerated enterprise cybersecurity spending.
Micron, Intel, and AMD added a combined $2 trillion in market capitalization during the second quarter of 2026, as investors rotated from AI hyperscalers into semiconductor suppliers seen as direct beneficiaries of data center buildouts.
A ransomware group called World Leaks has posted stolen Tata Electronics files on the dark web, exposing supplier maps, component details, and drop-test photos tied to Apple's unreleased iPhone 18 Pro models.
Tesla is testing a production Cybercab without a steering wheel or pedals in Austin, Texas, with a safety monitor aboard — a step toward the company's broader robotaxi ambitions as a key federal regulatory change nears approval.
Guggenheim upgraded Salesforce and ServiceNow to buy on Wednesday, arguing AI will pressure but not kill the platforms, sending shares up more than 5% and 6%, respectively, in midday trading.
Micron, Intel, and AMD added a combined $2 trillion in market capitalization during the second quarter of 2026, as investors rotated from AI hyperscalers into semiconductor suppliers seen as direct beneficiaries of data center buildouts.
Digital Realty announced a $3.5 billion stake in three Blackstone-owned data centers in Northern Virginia, paying $1.2 billion in cash and $2.3 billion in shares for assets valued at $7.8 billion. Shares fell 5.4% in premarket trading on the news.
Meta Platforms shares rose 8% after the company confirmed plans to build a cloud business selling its surplus AI computing capacity to outside customers, a move that sent rival neocloud stocks sharply lower.
Tesla is testing a production Cybercab without a steering wheel or pedals in Austin, Texas, with a safety monitor aboard — a step toward the company's broader robotaxi ambitions as a key federal regulatory change nears approval.
Waymo and Uber have ended their Phoenix robotaxi pilot — a deployment of just over a dozen vehicles — while expanding their partnership to hundreds of autonomous vehicles in Austin and Atlanta.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.