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Home > Latest

Lates News

date
05/11/2026
Pemex's refinery in Deer Park, Texas, reported that a third-party circuit breaker tripped, causing multiple units to go offline, and the cause of the breaker trip is under investigation.
Latest
3 m ago
Microsoft (MSFT.O) completed a $25 billion bond issuance on November 4, divided into 10 tranches, including $2 billion in floating-rate notes and $23 billion in fixed-rate notes, with maturities ranging from 2028 to 2066, and fixed-rate notes carrying coupon rates of 4.85% to 6.35%. Underwriters include JPMorgan, UBS and Wells Fargo.
9 m ago
Earnings report shows Arm (ARM.O) FY2026 Q2 revenue of $1.44 billion, up 27% year-over-year, beating market expectations of $1.38 billion; adjusted EPS of $0.52, above expectations of $0.47. The company expects Q3 revenue of approximately $1.54 billion, broadly in line with market expectations of $1.53 billion. Data center business growth offset weakness in the smartphone market, and Arm is transitioning from a chip architecture licensor to a chip manufacturer, with its in-house CPUs expected to contribute up to $2 billion in combined revenue in fiscal 2027 and fiscal 2028. CEO Haas said the company is more confident in achieving this revenue target, but supply capacity is still constraining growth. Q2 licensing revenue grew 50% year-over-year to $773 million, while royalty revenue rose 8% to $670 million. Following the earnings release, Arm's after-hours stock fluctuated, having previously risen more than 4% and now down 3.8%.
10 m ago
According to foreign media reports, Goldman Sachs and Apollo Global Management are in talks with Wall Street investors to begin selling portions of an approximately $40 billion chip financing deal provided for SpaceX. This comes as the AI industry boom faces turbulence following a sweeping victory by U.S. Democrats in the midterm elections. People familiar with the matter said the two firms have begun approaching potential buyers for the multi-tranche financing. SpaceX said the deal is structured so that the debt does not enter SpaceX's balance sheet, and it is the largest GPU financing arrangement of its kind on record. People familiar with the matter said that before the formal syndication and distribution process begins, some investors have been invited to subscribe in advance for portions of up to $500 million, a move aimed at accelerating the closing of the deal. Formal syndication and distribution is expected to begin soon. The three parties did not respond to the matter.
11 m ago
The Dow closed up 3.03%, the Nasdaq rose 1.44%, and the S&P 500 gained 1.58%. Among the stocks with the highest trading volume, Apple rose 5.31%, Nvidia fell 3.17%, Micron Technology dropped 7%, and Microsoft climbed 6.68%.
11 m ago
Arm's quarterly revenue outlook meets expectations; data center business helps it withstand smartphone market downturn.
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