EarningsBusinessMorgan Stanley Raises Oracle Target by $3, Keeps Equal Weight as GPU Margins ImproveThe small target increase puts a fresh margin signal beside an unchanged rating—and an AI infrastructure plan that still requires substantial spending and new financing.4 hours ago2 min readRead story
EarningsBusinessIREN Takes $639M Mining Writedown as AI Cloud Revenue Rises Nearly 8xIREN is retiring older mining hardware and preparing sites for AI cloud growth, but contracted annualized capacity revenue remains well ahead of the cloud revenue it has recognized.Aug 28, 20262 min readRead story
Government actionBusinessNvidia Optimizes DeepSeek and Qwen as It Warns U.S. Limits Could Hit BusinessThe company is making its stack easier to use with prominent Chinese open models, but the potential limits it flagged have not been defined as a final rule.Aug 27, 20263 min readRead story