Sandisk and Kioxia announced plans to invest over $31 billion in their memory manufacturing facilities in Japan. This investment represents about 60% of what they have spent there over the past 25 years, signaling a major expansion in their production capabilities. The move aims to strengthen their position in the global memory market and support future technology demands. This significant capital injection highlights confidence in continued growth and innovation in memory technology.
The Trade Desk's stock gained 5% following the launch of Kokai Zuma, an agentic AI upgrade to its advertising platform that promises improved campaign outcomes and simpler measurement. Despite a tough year with a 64% drop in stock price, this product...
AppLovin's stock rose 4% following a steep 54% decline year-to-date, driven by a technical bounce after months of selling. Despite missing some Q2 guidance, the company reported 53% revenue growth and strong advertising performance, with Q3 guidance ...
