Markets, earnings, deals, and the macro shifts that move them. Reported for readers who already know the basics.
Wells Fargo downgraded Netflix to underweight and slashed its price target to $57 from $80, citing a 1.6-hour-per-day drop in viewership per subscriber and a weak content pipeline for the rest of 2026.
Marc Sabatini · 23 HR AGO
CoreWeave said Thursday it plans to raise $3 billion through a convertible debt offering, with initial buyers eligible to purchase up to an additional $500 million, as the Nvidia-backed neocloud seeks to fund its AI infrastructure expansion.
Sara Montes de Oca · 2 DAYS AGO
Amazon received warrants to buy up to $340 million in Generac stock as part of a backup power supply agreement for its data centers, sending Generac shares up more than 40% in after-hours trading.
Jay Goldberg · 3 DAYS AGO
SK Hynix is in early talks with Intel to manufacture memory chips at Intel's Ohio facility for the first time, a move that would mark a major win for Intel's foundry business and support U.S. efforts to onshore semiconductor production.
TechEchelon Staff · 3 DAYS AGO
The Senate voted 50–49 on Tuesday to block the Clarity Act from advancing, falling short of the 60-vote threshold needed and leaving the crypto industry without a comprehensive regulatory framework heading into midterm season.
Sara Montes de Oca · 4 DAYS AGO
UBS raised its Palantir price target to $250 from $220 on Tuesday, reiterating a buy rating and arguing the data analytics company trades at an unjustified discount to AI software peers despite leading growth and margin profiles.
Marc Sabatini · 4 DAYS AGO
Amazon said Sunday it is pausing all operations with Miami-based cargo carrier 21 Air after a Boeing 767-300 freighter operated on behalf of Amazon Air overran a runway at Miami International Airport last weekend, killing five people.
Marc Sabatini · 5 DAYS AGO
Hyperscale data centers are creating concentrated physical assets worth tens of billions of dollars each, pushing the insurance industry toward catastrophe bonds as a potential solution — though the first dedicated deal is still 12 to 18 months away, experts say.
Marc Sabatini · 6 DAYS AGO
RBC Capital Markets initiated Dell Technologies with an outperform rating and a $640 price target on Friday, sending shares up 12% and extending a year-to-date gain of nearly 350% driven by surging AI server demand.
TechEchelon Staff · 7 DAYS AGO
Oracle reported fiscal first-quarter revenue of $19.35 billion, a 30% year-over-year increase fueled by a 121% surge in cloud infrastructure revenue, sending shares up 6.2% in premarket trading.
Marc Sabatini · 8 DAYS AGO
Apple CEO John Ternus debuted the iPhone Duo foldable and iPhone 18 Pro at a fall event, skipping the standard iPhone model for the first time in seven years and signaling a new split-launch strategy that would push lower-priced devices to a spring event.
Marc Sabatini · 9 DAYS AGO
Ant International, Visa, and Mastercard have agreed to develop a shared "know your agent" framework for AI-driven payments, citing McKinsey projections that autonomous agents will handle $3 trillion to $5 trillion in global consumer commerce by 2030.
Marc Sabatini · 9 DAYS AGO
Silver Lake plans to merge French software firms Cegid and Silae in a deal valued at more than 10 billion euros ($11.6 billion), creating a combined entity with annual revenue of 1.6 billion euros and a 1,400-person AI development team.
Jay Goldberg · 10 DAYS AGO
Jaguar Land Rover has opened a voluntary redundancy programme and is planning to cut up to 4,000 jobs over two years, targeting £1.7 billion in savings as it faces Chinese competition, U.S. tariffs, and fallout from a cyberattack.
Marc Sabatini · 12 DAYS AGO
LeBron James posted a 14-second teaser video on X signaling an upcoming commercial partnership with prediction market platform Polymarket, with a larger football-focused campaign expected in the week ahead.
Jay Goldberg · 13 DAYS AGO
Walmart announced a delivery partnership with Dunkin' through its new Walmart Restaurant Delivery service, expanding a program that began with Subway and putting the retailer in direct competition with DoorDash and Uber Eats.
TechEchelon Staff · 14 DAYS AGO
Anthropic has pushed back its IPO timeline, with the AI company now expected to begin marketing shares in mid-October at the earliest and complete its listing before the November midterm elections, according to people familiar with the matter.
Jay Goldberg · 14 DAYS AGO
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.