
Apple reportedly testing Chinese-made memory chips for iPhones, MacBooks amid global shortage
Apple is reportedly testing CXMT memory chips for iPhones and MacBooks sold in China but needs White House approval under U.S. restrictions.
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Apple is reportedly testing CXMT memory chips for iPhones and MacBooks sold in China but needs White House approval under U.S. restrictions.

AMD's Taalas acquisition adds specialized AI inference silicon to its roadmap, aiming to boost performance and efficiency against fierce competition.

Mamdani on Monday backed the controversial, union-supported Delivery Protection Act.

Meta on Monday released Muse Glimmer, an open-weight model designed to power AI agents locally on consumer hardware, providing the clearest picture yet of what CEO Mark Zuckerberg's vision of “personal superintelligence” could look like in practice.

A Jefferies analyst says that it may be harder than it looks for Apple to roll out dramatically more expensive devices in a bid to boost profitability.

Meta's CEO has shared his vision for AI as the company releases its latest model. Mark Zuckerberg published a 6,510-word essay Monday (Aug. 10) outlining a future where everyone has “free or affordable access” to what he calls Meta's superintelligence tools, including personal artificial intelligence (AI) agents.

For Q2 '26 to-date, S&P 500 EPS and revenue growth are up 51.1% and 15.2% respectively. The S&P 500 EPS growth has been inflated the last two quarters by the Anthropic mark-ups. The S&P 500 "operating" EPS growth rates the last two quarters are 19-20%, and 32.7%. Looking at longer-term revenue estimates for the S&P 500's y-o-y revenue growth rate, Q2 '26 was estimated at 6.9% on January 2nd, '26, while Q2 '26's almost-completed revenue growth is 15.2%, or twice what was expected on January 2, '26. Amazon's latest earnings release was also heavily affected by the Anthropic write-up: after removing the EPS value of the Anthropic mark-up, I have that Amazon missed on their EPS by 55%, printing operating EPS of $0.86 versus the $1.92 expected by the Street.

Amazon had incredibly strong performance post-earnings as the company saw 20+% YoY revenue growth and 40+% operating earnings growth. Amazon's core business remains incredibly strong with a double-digit growth rate. Amazon's ads saw 26% YoY growth, giving high-margin revenue to the core business. Amazon has built a dominant AI market position, with equity stakes, cloud, and an incredibly strong silicon portfolio. AWS saw not only 37% YoY revenue growth but also margin growth.

WTI and Brent rebound as Iran's Hormuz terms delay reopening, keeping tanker traffic restricted and inventories under pressure.

Tesla (NASDAQ: TSLA | TSLA Price Prediction) and Ford (NYSE: F) just posted quarters that read like two different industries.

NEW YORK, Aug. 09, 2026 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Microsoft Corporation (NASDAQ: MSFT) between May 1, 2025 and January 28, 2026, inclusive (the “Class Period”), of the important August 11, 2026 lead plaintiff deadline.

W&T Offshore NYSE: WTI reported second-quarter 2026 net income of $12.6 million, or $0.08 per share, alongside adjusted EBITDA of more than $54 million, Chairman and CEO Tracy Krohn said during the company's earnings call. The adjusted EBITDA result was in line with the first quarter, bringing the first-half total to nearly $110 million.

NEW YORK, Aug. 9, 2026 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Microsoft Corporation (NASDAQ: MSFT) between May 1, 2025 and January 28, 2026, inclusive (the "Class Period"), of the important August 11, 2026 lead plaintiff deadline. So What: If you purchased Microsoft common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Waters NYSE: WAT reported second-quarter 2026 revenue of $1.645 billion, driven by 9% organic constant-currency growth and a 4% increase in revenue from its acquired Biosciences and Diagnostic Solutions businesses. The company raised its full-year outlook for organic revenue, acquired-business revenue and adjusted earnings per share after results exceeded its prior guidance.

Wayfair NYSE: W reported 7.5% year-over-year revenue growth in the second quarter of 2026, led by an 8.7% increase in its U.S. segment, as the online home-goods retailer said it continued to capture market share despite uneven consumer demand and subdued housing turnover.