Earlier this week, Cathie Wood highlighted the intensifying competition for Nvidia Corp as ARK Investment Management forecasts that custom AI chips could command more than one-third of the compute market by the end of the decade. ARK Sees Custom Silicon Reshaping AI Compute Market Frank Downing, ARK's director of research for next-generation internet, said in a post on X that the firm expects "over a third of the compute market will be custom silicon by 2030." He defined custom as non-GPU chips — effectiv ...

Target stock is up even though sales were down. Why the retailer is getting a surprise bump today - Fast Company[Try our mini crossword with a business twist: Play Fast Company Mini Crossword]LOGIN[SUBSCRIBE]- [INNOVATION FESTIVAL]- [Video]- [Podcasts]- [Games]- [Work Life]- [Leadership]- [News]- [Design]- [Tech]- [Premium]|[Custom Studio]- [Texas A&M University]- [IBM]BY [Michael Grothaus]Listen to this Article [More info]0:00 / 0:00Target Corporation on Tuesday reported its all- important fourth-quarter r ...

The year hasn't started on a good note for Broadcom (NASDAQ: AVGO) investors. Shares of the chip designer have dropped 10% in 2026 as of this writing, well below the 10% jump in the PHLX Semiconductor Sector index this year. Broadcom's poor performance this year can be attributed to the negative sentiment surrounding artificial intelligence (AI) stocks, as concerns about the viability of the massive spending on AI data centers have once again taken center stage. Additionally, the company's comments that t ...

Welcome back to Morning Trade Live. It's time now for the big picture. So, let's welcome in Nathan Peterson, director of derivatives anal analysis at Schwab Center for Financial Research.Nate, so nice to see you. We got the Dow down 1,200 points right now. I mean, what levels are you watching right now to give you an indication of um you know, just how the market feels about how long this might actually drag on for as far as that conflict in the Middle East.>> Yeah, good good morning, Sam. That that's the b ...

Ziff Davis, Inc. (NASDAQ:ZD) shares are up on Tuesday following the announcement of a definitive agreement to sell its Connectivity division to Accenture plc (NYSE:ACN) for $1.2 billion in cash. This significant move is adding pressure as broader markets are experiencing declines, with the Nasdaq down 2.46%.The sale of Ziff Davis’ Connectivity division, which generated $231 million in revenue in 2025, is expected to unlock substantial shareholder value, the firm said. As of November 30, 2025, Accenture had ...

PMC FIG Opportunities disclosed in a February 17, 2026, SEC filing that it sold 143,724 shares of ConnectOne Bancorp (NASDAQ:CNOB), an estimated $3.64 million trade based on quarterly average pricing. What happened According to a recent SEC filing dated February 17, 2026, PMC FIG Opportunities reduced its holdings in ConnectOne Bancorp (NASDAQ:CNOB) by 143,724 shares during the fourth quarter of 2025. The estimated transaction value was $3.64 million, calculated using the average closing price for the qu ...

Amazon said drone strikes significantly damaged two of its data centers and a facility in the Middle East amid the conflict in Iran, taking some of the tech giant’s services in the region offline.The hits to two data centers in the United Arab Emirates and a facility in Bahrain occurred Sunday morning, “by objects” that created “sparks and fire,” Amazon Web Services initially said in a status report on its website.In an update Monday morning, the company said the damage was caused by drone strikes tied to “ ...

PayPal Holdings, Inc. (NASDAQ:PYPL) shares are down on Tuesday as the company faces challenges in a turbulent market environment. This decline comes as broader markets are experiencing significant pressure, with major indices like the Nasdaq and S&P 500 both falling sharply.On Monday, KGI Securities analyst Andrew Cheng downgraded the stock from Outperform to Neutral, with a $55 price forecast.The broader market is experiencing a downturn, with the Nasdaq down 2.36% and the S&P 500 falling 2.24%. This marke ...

Elliott Investment Management, an activist investor known for its assertive involvement in company decisions, has taken a $1 billion stake in Pinterest. The firm first invested in the social platform in 2022.Pinterest announced the financial boost on Tuesday, and CEO Bill Ready said he considers this a major vote of confidence that underscores the company’s ambitious AI efforts.  “We delivered record revenue in 2025, with users reaching all-time highs for ten consecutive quarters and more than 80 billion m ...

Despite a rocky season for digital assets, Michael Saylor is sweetening the deal for certain investors. The Chairman of 'Strategy'—the world's largest corporate holder of Bitcoin—announced on social media this Sunday (March 1) that the company is boosting the monthly dividend for its "STRC" preferred stock. Shareholders of the product, affectionately known as "Stretch," will see their dividend rate climb to 11.50% for March 2026. This is a step up from the previous month's 11.25%. Unlike traditional sto ...