Esteban Tesson

Lisraya wins FDA approval in dermatomyositis

The US FDA has approved Lisraya, a treatment developed by Roivant and Priovant Therapeutics for dermatomyositis, a rare disease affecting the skin and muscles. The drug becomes the first authorized oral treatment for the condition, which affects fewer than 5,000 people in the United States, according to the National Institutes of Health. Roivant shares were up nearly 3% at $37.69 after the announcement.

August 28, 2026 at 04:08 am

SK Hynix to launch production of its HBM4E chips in Indiana in 2029

SK Hynix plans to begin mass production of its next-generation HBM4E memory in its Indiana plant in the third quarter of 2029. The project, valued at more than $4bn, is intended to bolster the South Korean group's US capabilities and bring output closer to major customers such as Nvidia, Microsoft and Google, as demand for artificial intelligence infrastructure surges.

August 28, 2026 at 01:45 am

Nvidia: The Cassandras Will Have to Wait

Nvidia once again beat expectations and delivered guidance above consensus. After an initially tentative reaction, Wall Street quickly changed its tone: the stock is now up over 7%. With demand still outstripping supply and Vera Rubin getting off to a fast start, fears about in-house chips and a slowdown in growth seem, for now, a distant concern.

August 27, 2026 at 11:03 pm

Nvidia: the prophets of decline will have to wait

Nvidia once again beat expectations and delivered guidance above consensus. After an initially hesitant reaction, Wall Street quickly changed its tune: the stock is now up more than 7%. With demand still outstripping supply and Vera Rubin ramping quickly, fears about in-house chips and a slowdown in growth look, for now, far away.

August 27, 2026 at 10:24 pm

Okta soars on the stock market, buoyed by securing AI agents

Okta is up about 19% after-hours after beating second-quarter expectations and raising its full-year guidance. The identity management specialist is benefiting from new cybersecurity needs tied to the proliferation of artificial intelligence agents, which are creating a growing number of digital identities to monitor and protect.

August 27, 2026 at 05:00 am

Nvidia Beats Expectations Despite the Rise of In-House AI Chips

Nvidia delivered third-quarter revenue guidance above expectations, underscoring the ongoing strength of investment in artificial intelligence infrastructure. The company is targeting $108bn in revenue, with a 2% margin of error, versus $104.19bn expected by analysts, according to LSEG. The outlook does not include any sales of data center chips in China. Even so, the stock is down nearly 1% in after-hours trading.

August 27, 2026 at 04:48 am

Salesforce jumps on AI momentum and its stake in Anthropic

Salesforce rose nearly 14% after hours after posting results and guidance that beat expectations, supported by a surge in its artificial intelligence business. In the second quarter, revenue climbed 11% to $11.35bn, versus $11.32bn expected, while adjusted profit reached $5.90 per share. Net income jumped 87% to $3.53bn, notably thanks to a $2.6bn gain tied to its stake in Anthropic.

August 27, 2026 at 04:29 am

Anthropic to lease $45bn in computing capacity from Nscale

Anthropic will commit $45bn to leasing AI-dedicated computing power from Nscale, according to Bloomberg. The deal is expected to give the start-up the infrastructure it needs to support the strong growth anticipated for its services, including Claude Code, its AI tool focused on programming.

August 27, 2026 at 02:33 am

OpenAI's Jalapeño chip turns up the heat on Nvidia in inference

OpenAI has unveiled the first performance results for Jalapeño, its first custom-built artificial intelligence chip developed with Broadcom and designed specifically for inference. Early tests point to high speed and strong energy efficiency, which could gradually reduce OpenAI's reliance on Nvidia's GPUs. The move comes as Google, AWS and Meta are also developing their own processors, intensifying competition in a market that until now has been largely dominated by Nvidia.

August 26, 2026 at 10:16 pm

Intuit disappoints with its annual guidance and slides after hours

Intuit posted fiscal 2027 guidance that came in below Wall Street expectations, as the group prioritizes winning new customers and gaining market share at the expense of near-term growth. The software publisher's shares fell more than 7% after the close, taking its decline since the start of the year to more than 44%.

August 26, 2026 at 04:27 am

Google Tailors Gemini Enterprise for the Legal Sector

Google has launched Gemini Enterprise for Legal, a version of its artificial intelligence platform aimed at law firms and legal professionals. The offering is designed to automate legal and administrative tasks, from research to document drafting, allowing lawyers to focus on higher value-added work. Google says data will remain secure and confidential, and it is offering several AI models to give users greater flexibility.

August 26, 2026 at 12:13 am

Shein plans up to $3.5bn for certain investors in its IPO

Shein plans to pay up to $3.5bn to certain existing investors as part of its Hong Kong IPO, partly to offset the sharp drop in its valuation. Potential beneficiaries include entities linked to Boyu Capital, Tiger Global, General Atlantic, Thrive Capital, Mubadala and Brookfield. These investors hold preferred shares with protective mechanisms if the IPO is completed at a valuation below that of previous fundraising rounds.

August 25, 2026 at 03:36 am

Nvidia readies the launch of its Groq racks dedicated to inference

Nvidia has announced full-scale production of its Groq 3 LPX rack, stemming from its December acquisition of Groq assets for $20bn, the largest deal in the company's history. The system will be deployed this year at cloud provider Nebius, alongside Vera processors and Rubin GPUs. Nvidia aims to meet rising demand for low-latency inference, a critical requirement for AI agents and coding applications that need rapid responses.

August 24, 2026 at 11:58 pm

Berkshire Makes Alphabet Its Third-Largest Public Equity Holding

Berkshire Hathaway sharply increased its stake in Alphabet in the second quarter, making Google's parent its third-largest U.S. listed equity position, behind Apple and American Express. The conglomerate held about 106 million Alphabet shares at the end of June, valued at $37.9bn, after an 83% jump in the number of shares held. Much of the gain stems from a $10bn private purchase intended to support Alphabet's investments in artificial intelligence infrastructure.

August 15, 2026 at 04:49 am

AMD targets up to $5bn in the bond market

AMD has launched a four-tranche bond offering to raise between $4bn and $5bn and increase its financial flexibility. The deal covers senior unsecured notes maturing in 2029, 2031, 2033 and 2036. Early discussions point to premiums of roughly 70, 90, 100 and 115 basis points, respectively, over US Treasuries. Pricing is expected on August 17.

August 14, 2026 at 02:43 am

Cerebras raises its outlook on AI demand

Cerebras Systems has raised its annual revenue and gross margin targets, buoyed by corporate investment in data centers dedicated to artificial intelligence. The company is aiming to take on Nvidia by focusing in particular on inference, using its Wafer-Scale Engine (WSE), a dinner plate-sized chip that packs trillions of transistors and comes with memory built in to speed up computing and data transfers.

August 13, 2026 at 04:32 am

Ancora offers up to $1.2bn for an H.B. Fuller business

Activist investor Ancora Holdings is proposing to buy H.B. Fuller's Building Adhesive Solutions unit in an all-cash deal valued at up to $1.2bn. In a letter to the board, the fund is urging the adhesives maker to consider the divestiture and says it is ready to immediately sign a confidentiality agreement to begin due diligence. Ancora said it re-engaged with H.B. Fuller's management in early July but has received no substantive response since.

August 13, 2026 at 03:36 am

Lumentum lifted by the boom in AI infrastructure

Lumentum Holdings beat expectations in the fourth quarter and issued first-quarter guidance above the consensus. The photonics products maker is benefiting from rising demand for its high-performance lasers and optical components used in AI infrastructure, cloud computing and communications networks. According to CEO Michael Hurlston, the increase in speed and bandwidth required for AI computing workloads is pushing data centers to favor optical links.

August 12, 2026 at 11:30 pm

Nebius tops expectations as demand for AI infrastructure surges

Nebius reported second-quarter revenue above expectations, supported by demand for artificial intelligence computing capacity that continues to outstrip supply. The group is racking up large-scale contracts, raising its capacity ambitions and pressing ahead with massive investments in its infrastructure. Its stock is currently up more than 20%.

August 12, 2026 at 10:38 pm

The Norwegian sovereign wealth fund discloses a $1.22bn stake in SpaceX

The Norwegian sovereign wealth fund, which manages $2,300bn in assets, held 0.05% of SpaceX as of June 30, a stake valued at $1.22bn. This position, disclosed for the first time in a portfolio update, remains small compared with its largest technology holdings. The fund owns an average 1.5% of the world's listed companies and holds stakes in around 7,100 companies, as well as real estate assets and renewable energy projects.

August 12, 2026 at 04:54 am

Barrick hands its international operations to Sebastiaan Bock ahead of its North American IPO

Barrick Mining has appointed Sebastiaan Bock as chief executive of its Rest of World division, effective immediately. He will oversee the group's gold and copper assets in Africa, the Middle East, Latin America and Asia-Pacific, representing more than 2m gold-equivalent ounces of annual output. He joined Barrick in 2019 as chief financial officer for Africa and the Middle East and became chief operating officer for the region in 2022.

August 12, 2026 at 02:53 am