Core Insights - A nascent AI infrastructure company has reported that a potential tenant has canceled a $150 million agreement [1] Company Summary - The company is in the early stages of development within the AI infrastructure sector [1] - The cancellation of the agreement represents a significant setback for the company, impacting its projected revenue [1] Industry Summary - The AI infrastructure industry is experiencing volatility as companies navigate tenant agreements and market demand [1] - The cancellation highlights potential challenges in securing long-term contracts within the rapidly evolving AI sector [1]

Core Insights - The reclassification of the drug is expected to alleviate tax burdens on cannabis companies [1] Industry Impact - Cannabis companies will benefit from reduced tax liabilities due to the reclassification of the drug [1]

Broadcom is playing down the prospects for Google's Tensor Processing Units to become the dominant AI chips. ...

Quanex Building Products swings to a fourth-quarter profit, overshadowing a cautious outlook. ...

Core Insights - Americans without health insurance may face costs for weight-loss drugs that are over 10 times higher than those with insurance [1] Group 1 - Uninsured individuals are likely to pay significantly more for weight-loss medications compared to insured counterparts [1]

Wall Street has leaned heavily on mega cap dominance. That could be changing. ...

Nvidia stock has largely moved sideways for a month and shareholders might have to wait until next year for hopes of a change. ...

Group 1 - Disney is integrating AI into its licensing deals, indicating a strategic shift towards technology-driven solutions in content distribution [1] - Broadcom has reported earnings that exceeded market expectations, showcasing strong performance in the semiconductor industry [1] - The Trump administration is focusing on regulatory changes targeting financial industry watchdogs, which may impact compliance and operational frameworks within the sector [1]

U.S. AI-related stocks were falling premarket, continuing their rocky week.Oracle's disappointing second-quarter earnings report Wednesday set off a wave of selling in AI stocks, while Broadcom results Thursday prompted further concern.Chip makers Nvidia and AMD dropped 1% and 1.2%, respectively, in premarket trading, while cloud-computing providers Oracle and CoreWeave fell 1% and 1.5%, respectively. Futures for Broadcom dropped 5.2%. ...

The gauges were probably moving in different directions because of Broadcom, which is in the S&P 500 and Nasdaq 100 but not the Dow. Its shares sank 4.5% in late trading, following a fourth-quarter earnings call in which analysts questioned the chip maker's sales forecasts and future margins. Stocks were struggling for direction on Friday, as investors tried to make sense of another set of so-so Big Tech earnings. Futures tracking the Dow Jones Industrial Average rose 106 points, or 0.2%, while contracts ti ...