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Technology

Micron hits $1 trillion value in AI boom as Walmart exits club

In a stark illustration of how artificial intelligence continues to reshape corporate valuations on Wall Street, memory chipmaker Micron Technology (NASDAQ:MU) has entered the exclusive tier of companies valued at over $1 trillion, while retail giant Walmart (NASDAQ:WMT) has dropped out.

Read more: Micron hits $1 trillion value in AI boom as Walmart exits club
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Technology

Alpha Compute finalizes GAMEE acquisition to launch new gaming division

Alpha Compute (NYSE:ALP) closed its previously announced majority acquisition of gaming and digital rewards platform GAMEE, expanding its footprint into digital consumer applications and establishing a newly formed business division called Alpha Games.

Read more: Alpha Compute finalizes GAMEE acquisition to launch new gaming division
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Technology

Kingsoft Cloud revenue rises 37% on AI demand, but infrastructure investments squeeze margins

Kingsoft Cloud Holdings (NASDAQ:KC) reported a 37.2% year-over-year surge in total revenue for the first quarter of 2026, driven by expanding artificial intelligence demand and deeper penetration into enterprise accounts.

Read more: Kingsoft Cloud revenue rises 37% on AI demand, but infrastructure investments squeeze margins
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Technology

Colliers completes acquisition of Spain’s Ayesa Engineering to expand global footprint

Colliers (NASDAQ:CIGI) has officially closed its acquisition of Ayesa Engineering, the engineering division of the Seville-based Ayesa Group, marking a significant expansion of the global real estate and investment management firm's technical capabilities.

Read more: Colliers completes acquisition of Spain’s Ayesa Engineering to expand global footprint
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Technology

SunCar Technology revenue rises 28% on Chinese EV insurance surge

SunCar Technology Group (NASDAQ:SDA) reported an expansion in first-quarter revenue and sustained bottom-line profitability, driven by accelerating consumer demand for electric vehicle insurance and broader commercial partnerships with major digital and automotive brands across China.

Read more: SunCar Technology revenue rises 28% on Chinese EV insurance surge
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Technology

Micron climbs to record high as UBS calls for structural AI re-rating

Shares of Micron Technology (NASDAQ:MU) surged to an all-time intraday high following a dramatic price target increase from UBS, which argued that the artificial intelligence infrastructure buildout has permanently altered the financial predictability and valuation framework of the memory chip industry.

Read more: Micron climbs to record high as UBS calls for structural AI re-rating