Nutanix (NTNX) Stock Rips on $150M AMD Backing – Wall Street Pit
By Publication Date: 2026-02-26 16:21:00 Nutanix (NTNX) and AMD (AMD) have formed a strategic partnership to develop an open, full-stack…
Tag: pit
Perplexity Is AI’s New Pit Bull
By Dave Lee Publication Date: 2025-11-10 10:30:00 The way Perplexity AI Inc. frames it, the company is something of a…
Disney, Universal Sue AI Generator Midjourney, Calling It “A Bottomless Pit Of Plagiarism’
It took longer than many expected, but the inevitable has finally happened. The Walt Disney Company and NBCUniversal sued AI…
IBM’s Quantum Breakthrough Sends Quantum Computing Shares Soaring – Wall Street Pit
IBM’s (IBM) Quantum Roadmap targets delivering Quantum Starling by 2029, a fault-tolerant quantum computer capable of 100 million operations using…
Nvidia and HPE Join Forces to Build Cutting-Edge Supercomputer in Germany – Wall Street Pit
Nvidia (NVDA) and Hewlett Packard Enterprise (HPE) are collaborating with the Leibniz Supercomputing Centre to build the Blue Lion supercomputer,…
Amazon Pumps $10 Billion into North Carolina’s AI Future – Wall Street Pit
Amazon.com Inc. (AMZN) announced a $10 billion investment in North Carolina data centers to bolster its AI infrastructure, part of…
Nvidia Reclaims the Throne: Surpasses Microsoft as World’s Most Valuable Firm – Wall Street Pit
Nvidia (NVDA) shares rose nearly 1% to $142 in premarket trading on Wednesday, after a 2.80% gain to $141.22 on…
SoftBank, Intel Join Forces on Next-Gen AI Memory Breakthrough – Wall Street Pit
Intel (INTC) and SoftBank (SFTBY), alongside the University of Tokyo, are developing a large-capacity memory for AI semiconductors that processes…
Intel Deals Blow to Fortress in $3 Billion Patent Clash – Wall Street Pit
Intel Corp. (INTC) won a Texas jury verdict confirming that Fortress Investment Group controls VLSI Technology LLC, potentially nullifying over…
Analysts Bullish on Broadcom With Elevated Price Target – Wall Street Pit
Broadcom (AVGO) shares traded nearly flat at $234.96, with a $1.11 trillion market cap, up 1.35% year-to-date and 69% year-over-year,…