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Need to see tech market strength continue to broaden, says Rockefeller's Cheryl Young
CNBC Television· 2025-07-16 20:31
Less than half hour of trading. NASDAQ's on pace for another record close as we gear up for tech earnings. My next guest is bullish on the sector.Joining me now is Rockefeller Global Family Office is Cheryl Young. Cheryl, it's good to have you. So, we we do start to get tech earnings.Google's next week. The stocks have run up into the reports. How do you like the setup.Well, when you see the stocks have run up into the reports, Sarah, not all of them have. Um, most of the MAX 7 is actually still negative he ...
First Phosphate Closes Final Tranche of Oversubscribed Private Placement
Newsfile· 2025-07-16 20:30
Saguenay, Quebec--(Newsfile Corp. - July 16, 2025) - First Phosphate Corp. (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to announce that it has closed the final tranche of its originally announced $2,000,000 non-brokered private placement financing (the "Offering"), as further described in the Company's news releases dated June 30, 2025 and July 9, 2025.As part of both tranches of the Offering (closed July 8, 2025 and July 16, 2025), the Company has raised gross pro ...
This Fund Manager Says You Should Get Out of Tesla and Apple—Now
MarketBeat· 2025-07-16 20:29
If you currently hold Tesla NASDAQ: TSLA and Apple NASDAQ: APPL—two popular Magnificent Seven stocks—you might want to consider rotating out of them and into Broadcom NASDAQ: AVGO and Oracle NYSE: ORCL instead. This advice comes from Vimal Patel, Co‑Portfolio Manager of the Columbia Seligman Global Technology Fund (SHGTX), whose mutual fund has outperformed its tech-sector peers by 6% over the past five years.Get SoftBank Group alerts:Tech stocks are navigating a volatile 2025 landscape marked by geopolitic ...
SealingTech Launches Its Largest Storage-Focused High-Performance Server
Prnewswire· 2025-07-16 20:15
About Sealing Technologies COLUMBIA, Md., July 16, 2025 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE: PSN), and leading defensive cyber operations solution provider, has developed a new breakthrough storage-focused purpose-built server. The SN 9000 is designed to act as the primary forward deployed network sensor and storage solution for combat operations at the Edge. Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE: PSN), remains a trusted p ...
Banzai International (BNZI) Conference Transcript
2025-07-16 20:10
Banzai International (BNZI) Conference July 16, 2025 03:10 PM ET Speaker0Everyone. We have an update from Bonsai International Inc. It trades on the Nasdaq under the symbol BNZI. It's a marketing technology company that provides AI enabled marketing and sales solutions for businesses of all sizes. Happy to welcome back co founder, chairman, and CEO, Joe Davy.Welcome back, Joe. Excited to hear your update today.Speaker1Hey, Anna. Thank you. I really appreciate that. First of all, just say thanks for thanks f ...
AI/R Company Subsidiary, Compass UOL, Launches Suite of Agentic AI Solutions in the New AWS Marketplace AI Agents and Tools Category
GlobeNewswire News Room· 2025-07-16 20:06
SAN FRANCISCO, July 16, 2025 (GLOBE NEWSWIRE) -- The AI Revolution Company (AI/R), a global leader in Artificial Intelligence (AI) transformation services, has announced the availability of a suite of Agentic AI solutions from its subsidiary, Compass UOL, in the new AI Agents and Tools category of the AWS Marketplace, launched at AWS Summit New York City 2025. Initially, the suite includes three AI Agents for Financial Services – Anti-Money Laundering (AML) AI Agent, Debt Negotiation Assistant AI Agent, and ...
Symbotic Announces Date for Reporting Third Quarter Fiscal 2025 Financial Results
GlobeNewswire News Room· 2025-07-16 20:00
WILMINGTON, Mass., July 16, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced it will release third quarter fiscal 2025 financial results after the market close on Wednesday, August 6, 2025. The press release will also be available on the Symbotic Investor Relations website: www.ir.symbotic.com. The company will host a live webcast to discuss its financial results for the quarter at 5:00 p.m. ET on the same date. To liste ...
Scaling Nuclear to Fuel AI Energy Needs
Bloomberg Technology· 2025-07-16 19:43
Energy Demand & Infrastructure - Data center companies are exploring new energy sources, including nuclear, to power their operations [2] - The US needs to scale its energy infrastructure to support the computing infrastructure for AI, ensuring America's leadership in the field [3] - The pace of builds needed to ramp up power is in the gigawatts [4] - Hundreds of new nuclear reactors or other clean energy technologies may be needed to power data centers [5] - AI companies would purchase gigawatts of nuclear energy today if it were available [9] Nuclear Energy - Nuclear energy is well-suited for supporting AI and data centers due to its reliability, scalability, and small land footprint [8] - Nuclear energy is emissions-free, aligning with tech companies' clean energy commitments [8] - Nuclear construction needs to start now to meet the 2030-2035 timeline [9] - Nuclear operators estimate it will take until the end of the decade to come online [7] Regulatory Environment - The Nuclear Regulatory Commission is working on accelerating licensing [5] - Concerns exist regarding the Trump administration's efforts to reduce the regulator's independence [6]
Albertsons Says New AI and Interactive Features Boost Digital Sales
PYMNTS.com· 2025-07-16 19:39
Albertsons Companies saw growing engagement with its digital platforms during the last quarter.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The food and drug retailer’s digital sales increased 25% during the qua ...