Credo Shares Sink Despite Earnings Beat - Barron's
The firm specializes in copper cables used to connect AI servers to networking switches.
The firm specializes in copper cables used to connect AI servers to networking switches.

The Dow Jones and Nasdaq 100 fell below their 50-day lines as oil prices soared.
Though Wall Street analysts expect around 70% earnings growth this year and next, the stock is down 30% from its all-time high in June.

The three major indexes posted their third down day on Tuesday.

Global data center spending is set to reach $31.6 trillion through 2050 to meet the world’s growing appetite for AI, an investment boom with no precedent in history, according to PricewaterhouseCoopers LLP.
Meta dropped the hammer on thousands of its AI glasses users who it detected physically tampering with the recording light.

OpenAI says its forthcoming AI model Astra marks a step up in capabilities such as coding and operating applications on a computer. But an innovative technique that improved the model’s performance also means that the model, and others like it, will reveal le…

Apple set a pay package worth $58 million for new CEO John Ternus, who formally took the reins from longtime chief executive Tim Cook today

The vehicle is being built at JLR's manufacturing plant in Solihull, in the West Midlands.