Innovation & Tech
Microsoft is combining AI chat, coding and autonomous agents inside a redesigned Copilot, sharpening its focus on workplace AI as it seeks broader adoption and new consumption-based revenue.
Innovation & Tech
Datadog (DDOG) extended its strong 2026 run, with shares climbing about 7% as investors weighed rapid revenue growth, expanding AI workloads and bullish analyst coverage against an increasingly elevated valuation.
Business Trends
Starbucks (SBUX) is closing about 250 North American stores as it sharpens its “Back to Starbucks” turnaround. The move carries roughly $300 million in restructuring charges while the company continues remodeling cafes and plans longer-term expansion.
Business Trends
Everpure (P) surged after outlining a stronger growth outlook driven by AI infrastructure, hyperscale customers and an expanding data-management business. The outlook also prompted several Wall Street analysts to raise their price targets.
Innovation & Tech
Oracle (ORCL) fell about 5% after reports that it invoked force majeure protections tied to Project Jupiter, a major New Mexico AI data center, putting renewed attention on project delays, capital spending and the financial demands of its infrastructure expansion.
Price Action
MGM Resorts International (MGM) sank about 10% after Barry Diller’s People Inc. withdrew its $48.30-per-share acquisition proposal, removing a major takeover catalyst and shifting attention back to MGM’s standalone operations.
Innovation & Tech
Meta is turning Muse from a fast-growing AI agent into a broader commerce and hardware platform, introducing transaction-based monetization, retailer integrations, computer control, Muse Charm and new AI-connected glasses.
Innovation & Tech
Meta shares surged 11.3% Monday as rapid adoption of its Muse AI agent and new commerce integrations raised expectations for subscriptions, transactions and other revenue beyond the company’s traditional advertising business.
Innovation & Tech
AMD crossed the $1 trillion market-cap threshold for the first time after a 9.9% surge, extending a 2026 rally powered by record revenue, rapid data center growth and major AI infrastructure agreements.
Earnings
AutoZone shares climbed after quarterly earnings exceeded expectations despite softer revenue and same-store sales. A sharp gross-margin increase, higher net income and improving sales late in the quarter helped offset the weaker top-line results.
Business Trends
On Holding shares surged after the company set ambitious 2029 sales and margin targets, authorized its first $1 billion share buyback and detailed plans to expand beyond its core running business into football and golf.
Innovation & Tech
Alibaba unveiled its Zhenwu V900 AI chip alongside major cloud and model expansion plans, sending BABA shares higher as investors assessed the company’s growing push across the AI computing stack.