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Why Did PANW, AAL, MRNA Surge To 52-Week Highs?

Palo Alto Networks Inc. (PANW), American Airlines Group Inc. (AAL), and Moderna Inc. (MRNA) climbed to annual highs on Wednesday amid a series of positive catalysts and Wall Street optimism.PANW stock jumped more than 3% after Wells Fargo and BTIG upped their price target on the company. AAL stock…

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OpenAI proposes handing Trump administration 5% stake, FT reports

OpenAI has discussed giving the U.S. government a 5% stake, the Financial Times reported on Thursday, as AI firms face growing scrutiny in Washington over the potential misuse of advanced models and whether Americans will share in the sector's profits.Under the proposal, OpenAI has suggested that o…

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Apple looks to buy Chinese-made memory chips by lobbying US

Apple Inc. is in negotiations to purchase chips from two Chinese semiconductor makers on a Pentagon blacklist to help reduce the impact of a global memory shortage that’s forced the company to raise prices across its product line.The iPhone maker is seeking to buy memory components from ChangXin Me…

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Oxmiq Raises $35 Million Led by Samsung Catalyst Fund and Fudomo

AI chip startup Oxmiq said it has raised $35 million in a new funding round led by Samsung Catalyst Fund and Fudomo, with participation from Taiwan’s MediaTek and Pegatron Venture Capital, bringing its total funding to $60 million. According to ChainCatcher, the company was founded by former Intel…

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