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Name a French water company besides Perrier or Evian. How about Veolia Environnement a large global environmental services company that produces and distributes drinking water and treats wastewater (and has waste management and energy businesses). The company, then called Compagnie Générale des Eaux, or CGE, was founded in 1853 by Napoleon III’s imperial decree to supply France with drinking water.
Vivo's joint venture could become a template for Chinese smartphone makers in India.
The headline numbers looked great. So why did the stock sell off?
Yes, Jim Cramer has said a lot of things about a lot of stocks over the years. But when the "Mad Money" host identifies a single name as the market's directional signal, that is a different kind of call entirely. Cramer posted about it on X (formerly Twitter) on July 8. If there is going to be a ...
An intriguing acquisition is set to double the energy tech provider's power capacity.
A memory chipmaker just posted a software-like margin. The real question is how long it can last.
In recent months, Digital Turbine has expanded its AI-focused mobile growth platform through new partnerships with Databricks, Google Cloud, and European carrier Orange, while its Chief Accounting Officer completed a routine tax-withholding share disposition that did not issue new stock. These developments highlight how deeper AI integration and international carrier agreements are reshaping Digital Turbine’s role in global app distribution and mobile advertising. Next, we’ll examine how the...
The chipmaker is a short hop from a milestone only a handful of companies have reached. Is the climb built to last?
Carr said he is “bullish” on SpaceX's use of new airwaves to boost satellite-to-cell service and said the FCC is “open-minded” about direct wireless deals.
Chinese gaming and internet company Tencent is in talks to become Manus' largest shareholder as investors seek alternatives after Beijing ordered Meta to unwind its $2 billion acquisition of the AI startup, two people with knowledge of the matter said on Friday. The Financial Times first reported Tencent's talks earlier in the day. Tencent, together with Manus' original investors, including ZhenFund and HSG, is planning to buy the company back from Meta for no less than $2 billion, said one of the sources and a third person briefed on the matter.
United Wholesale Mortgage lost out to CrossCountry Mortgage, but that could actually be a sign of fiscal prudence.
Semiconductor stocks have dominated every performance leaderboard in 2026, with memory and equipment makers delivering triple-digit gains that dwarf the broader market. Yet the fund capturing most of that upside is not the industry's largest, and it manages a fraction of the assets held by the ...
The U.S. is truly a special, entrepreneurial oasis where anyone can succeed. The fact that one American stock, Nvidia (NVDA), is worth more than the French, German, and Italian stock markets combined says it all. I should add that Nvidia is also worth more than the entire British stock ...
META is now down just 4.2% YTD, after shedding 14.5% in H1.
<p>A rough year for most of the megacaps has opened the door for funds that tilt away from the biggest stocks.<br> </p>
Wix.com (WIX) stock is back in focus after the company announced a partnership with Elavon to power unified commerce solutions that link payments, online stores, and in person sales for small businesses. See our latest analysis for Wix.com. Despite the Elavon and Microsoft 365 Copilot partnerships putting Wix.com back on investors’ radar, the 90 day share price return is down 24.4% and the year to date share price return is down 51.23%, while the 1 year total shareholder return is down...
A former Bitcoin miner is about to make its biggest debt raise yet and the money is going straight into artificial intelligence. TeraWulf Inc. (NASDAQ: WULF) is preparing to raise approximately $3.5 billion in debt to build a new data center campus in Kentucky, Bloomberg reported on Thursday, ...
Asset manager and investment consultant Russell Investments announced Thursday that it is changing hands. A consortium of investors led by B Capital, a venture capital firm co-led by Facebook co-founder Eduardo Saverin, will acquire the Seattle-based business from its current owners, TA Associates and Reverence Capital Partners, according to a statement. The consortium of buyers includes the California Public Employees’ Retirement System. Russell Investments, which has over $416 billion in AUM,
The innovative fintech benefited from an analyst's recommendation upgrade.
The world's largest company looks like a bargain right now.
Micron and Sandisk soared as the Nasdaq reclaimed key support, but are they actionable? Delta, Taiwan Semi, SK Hynix loom.
There's no better feeling for a dividend investor than peace of mind.
<body><p>STORY: :: A memo seen by Reuters shows that Meta plans to produce AI chips this September </p><p>:: The move will likely help Meta gain more independence from chip suppliers such as Nvidia</p><p>:: Katie Paul, Tech Correspondent</p><p>:: Meta / Archive</p><p>"In the world of AI, those who control their infrastructure and their compute costs really control their destiny. Meta has been at this a while. They want to have more control over their supply chain. Doing a chip helps them to get that cost of running compute down. If they buy a lot of chips from Nvidia and AMD, those are extremely expensive. It means that other companies are in the driver's seat, both in terms of cost and some control over the supply. And having some kind of chip that can help maximize efficiency of running compute, or running processes, helps them, puts them in the driver's seat more and it helps them control their costs. They're also trying to build out these brand-new business models to effectively compete with OpenAI and Anthropic. So, selling the AI models to developers to use, and that means rolling out an API, which they just did this morning. This is brand new for them. They're moving this direction for the first time after kind of embracing the open source ethos for a number of years. And so that means that they need to, try to compete on price with those other, players in the market and also keep their costs low enough that they can, you know, make this business model make sense. And so having a chip that can help them to run these processes in a way that is as cost-efficient as possible is a huge potential benefit for them."</p><p>The tech firm's data center chip, code-named "Iris," is part of a four-generation project for Meta Training and Inference Accelerators (MTIA) that it will design in-house. The plan is to use custom-built silicon to improve the AI that powers its Facebook and Instagram social media platforms.</p><p>Testing the chip took only six weeks and found no major issues, the memo showed. That relatively quick progress signals positive momentum for an in-house effort that has floundered since its launch more than half a decade ago.</p><p>Meta tailored the chip for its own needs and is working with Broadcom to help design it and Taiwan Semiconductor Manufacturing Co to manufacture it. The approach is likely to help the firm lower its massive computing costs and gain more independence from chip suppliers such as Nvidia and Advanced Micro Devices.</p></body>
This, despite naming a well-qualified executive to be its next CEO.
Nvidia (NVDA) investors had been bracing for a tougher AI trade, but perhaps not this kind of reset. Over the past three years or so, Wall Street has treated Nvidia as the cleanest way to own the AI buildout. For perspective, Nvidia’s current market cap is at an eye-popping $4.98 trillion, up from ...