MDA Space (MDA) agreed on Friday to buy Blue Canyon Technologies from RTX’s (RTX) Raytheon business in an all-cash deal worth $620 million, according to a Seeking Alpha report. The price is small by aerospace standards; what MDA says the deal adds to its business is not. MDA Space is a Canadian satellite and space
Intel jumped roughly 11% on Thursday, June 18, after President Donald Trump posted on Truth Social that Apple agreed to work with Intel to design and manufacture chips in the United States. Neither company confirmed the partnership publicly by market close. Intel’s stock added billions in market value on an unverified social media post from
Back in 2020, Nvidia dropped $6.9 billion on a company most people had never heard of, Mellanox, an Israeli outfit that made networking switches and adapters. At the time, it barely registered. Jensen Huang was buying GPUs, building the chip story, and a networking company felt like a rounding error next to that. Six years
CrowdStrike (CRWD) and Amazon Web Services are racing to close a security gap that most enterprises do not yet know they have. Companies are deploying AI agents into production faster than their security teams can monitor what those agents actually do once live. That mismatch, not the partnership announcement itself, is the real story. The
I spent some time digging through Morgan Stanley’s recap of its first-ever National Security Innovation Summit in a note shared with me at TheStreet. What struck me wasn’t any single data point but the sense that an entire industry is quietly being rebuilt from the ground up. And most retail investors have no idea it’s
Greg Abel has been running Berkshire Hathaway for barely six months, and he has already reshaped the contours of the conglomerate’s stock portfolio. His latest move is the largest single technology bet in Berkshire’s history, aimed at a company Buffett spent decades publicly regretting he had not bought sooner. Abel committed $10 billion to Alphabet
If you have a Roku device at home, and statistically, there’s a good chance you do, your TV’s home screen may soon have a new owner. Fox Corporationannounced June 15 that it has reached a deal to buy Roku for $160 per share. That values the company at roughly $22 billion. The deal is expected
The last time Nvidia (NVDA) went to the investment-grade bond market was 2021, when the company generated about $27 billion in annual revenue and AI had not yet become the defining story of the technology sector. On June 15, the company returned, and the response from investors made the five-year absence feel like a long
Wall Street routinely punishes companies for doing exactly what they are supposed to do: build for the long term. Adobe just learned that lesson the hard way, watching its shares slide even as it broke financial records. Adobe (ADBE) posted record revenue of $6.62 billion in its second fiscal quarter of 2026, beating analyst expectations
Essentially, Goldman Sachs is telling AI stock investors to look past the flashy headline profits and focus on the bills that are coming due. For the better part of the past few years, investors treated the AI spending boom as a clear win for Big Tech. Nvidia’s chips continued to sell like crazy, cloud demand