State-owned QatarEnergy has reportedly paused a production increase at its key Ras Laffan LNG complex due to safety concerns following a tanker attack in the Strait of Hormuz, signaling a significant escalation in regional maritime risks.
Shares of Rackspace Technology fell sharply after the cloud company significantly lowered its fiscal 2026 revenue and profit forecasts, a move that eclipsed a new strategic AI partnership with Palantir.
Shares of the semiconductor equipment giant rose after its CEO told Nikkei Asia that chipmakers are providing demand visibility for two or more years, countering recent industry slowdown fears and prompting analyst price target hikes.
Citi has reaffirmed its bullish stance on select European software and IT services companies, naming SAP, Capgemini, Sage, and Nemetschek as its top picks, citing strong fundamentals in cloud and AI.
Shares of the clean energy company rebounded sharply after it announced a collaboration with Siemens to develop large-scale power systems, overshadowing a recent dilutive stock sale.
Shares of the fuel cell maker rose after the company issued a formal statement calling a recent short-seller report 'false and misleading' and received backing from a Wall Street analyst.
Micron Technology announced a plan to invest up to $3 billion to secure its U.S. semiconductor supply chain, including a $500 million financing deal and a long-term supply agreement with raw wafer manufacturer GlobalWafers.
Shares of Workday fell as a confluence of rising geopolitical tensions, higher bond yields, and a recent executive stock sale weighed on investor sentiment for high-valuation technology names.
Swedish electric vehicle maker Polestar reported a 4% decline in second-quarter sales, as the company grapples with a looming U.S. market ban and shifts its focus toward Europe.
