UDD

UDD Picks Ohio For First U.S. FPV Drone Factory, Turning A Pentagon Contract Into 300 American Jobs

Warren Buffett Breaks A 20-Year Tradition As Report Says His Gates Foundation Donation Is Suddenly On Hold Over Epstein Files Review

Warren Buffett, the chairman of Berkshire Hathaway Inc., has reportedly chosen to delay his usual midyear donation to the Gates Foundation, the philanthropic organization founded by Microsoft Corporation co-founder Bill Gates and his ex-wife, Melinda French Gates. This marks the...

Everything tied to the data center is suddenly suspect. Can Big Tech fix it?

The hyperscalers are just beginning to figure out the consequences of the AI arms race, and now everyone seems to be against them.

SpaceX, Tesla, and Alphabet All Fall in a Broad Tech Rout. Should You Rebalance Your Portfolio?

Recent weakness in the market's hottest tickers has many investors suddenly rethinking everything.

Apple Is Rolling Out Huge Price Increases. Here's What Investors Need to Know.

Why is the company that almost never raises prices suddenly doing it across much of its hardware lineup?

Trump Stokes Chaos in Congress as He Huddles With the G.O.P.

Micron Earnings Take on New Gravity With Market on Edge Over AI

(Bloomberg) -- Micron Technology Inc.’s earnings report on Wednesday afternoon is shaping up to be one of the most important in months as investors find themselves suddenly on edge over the sustainability of the AI rally.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some Roles‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 100% Stock RallySpaceX Falls for Third Day, Erases $600 Billion in Marke

U.S. Eases Sanctions on Iranian Oil, but Progress on Nuclear Issues Is Muddy

Chip stocks jump as Strait of Hormuz reopens

Memory and storage chip companies surged on Monday, June 15, after the United States and Iran announced a peace agreement that will reopen the Strait of Hormuz. The rally didn't come about because the AI trade suddenly changed; it came about because the single biggest threat to it just got removed. ...

Quanta Services’ AI-Fueled Run Isn’t Done

Artificial intelligence stocks have reached dizzying levels this year, and some investors are suddenly finding they have a fear of heights. Tech stocks led the midweek selloff, with the falling 2% on Wednesday, just a few days after it suffered its worst one-day point decline on record on June 5. “After a powerful rally, especially in AI-related and growth stocks, investors are reassessing how much they’re willing to pay for future earnings in an environment where interest rates could remain higher for longer,” notes David Miller, chief investment officer at Catalyst Funds.