Generac Surges 25% on $8B Amazon AI Data Center Power Deal
Generac stock jumped 25% after signing an $8 billion generator supply agreement with Amazon Web Services, including warrants to buy 1.69 million shares.
Artificial Intelligence
Market-focused coverage of artificial intelligence companies, infrastructure spending, business models, and adoption. We examine the filings, financial metrics, and competitive forces behind the headlines.
CoreWeave Launches $3B Convertible Debt Sale for AI Buildout
CoreWeave announced a $3B Rule 144A convertible senior notes offering due 2033 with capped calls to lower financing costs and fund AI infrastructure capex.
Intel and SK Hynix Jump on Talks for US Memory Chip Fab Deal
Intel and SK Hynix shares jumped over 3% after reports revealed talks to manufacture memory chips at Intel’s Ohio fab, reshaping the US semiconductor footprint.
Meta Unveils Meta One Subscriptions to Monetize AI Capex
Meta launched Meta One subscriptions across Instagram, Facebook, and WhatsApp, testing whether paid AI and creator tiers can offset soaring $140B capex.
Marvell Drops 7% on AI Slowdown Fears and Cloud Chip Rivalry
Marvell fell 7.4% to $218.82 as AI safety warnings triggered a chip sell-off, testing whether its $2.17B data center engine can outrun fresh competition.
CrowdStrike Soars 14% on AI Safety Rotation, HCLTech Deal
CrowdStrike surged 14.2% to $235.49 as an AI safety debate ignited a rotation into cybersecurity software, paired with a major HCLTech partnership expansion.
AI Slowdown Warning Hits Tech: Nasdaq Futures Drop 1.3%
Tech futures slid Sunday night as Anthropic’s Dario Amodei and a viral safety warning triggered fears of AI curbs, sending Nasdaq-100 futures down 1.26%.
OpenAI Shelves 2026 IPO: Why Altman Delayed the $1T Listing
Sam Altman confirms OpenAI won’t go public in 2026, calling an IPO ‘ill-advised’ as Anthropic picks Nasdaq and AI labs weigh a voluntary safety slowdown.
Why Adobe Stock Is Falling After Record Q3 Earnings
Adobe reported record Q3 revenue of $6.76B and announced a CEO transition, but shares fell after net new ARR dropped 36% on a freemium acquisition pivot.
Harvey Legal AI Hits $15.5B on $550M Series F Round
Harvey raised $550M at a $15.5B valuation, doubling its worth in six months as Diffusion and Lightspeed co-lead the legal AI unicorn’s Series F.