JPMorgan has turned bullish on PepsiCo, upgrading the stock to Overweight from Neutral. The bank sees a 13% upside to a new $164 price target by December 2026, driven by aggressive productivity and innovation spending.
Apple’s App Store reportedly hosted dozens of apps linked to U.S.-sanctioned companies, including Russian banks and a Chinese entity accused of repression. The findings challenge Apple’s “safe and trusted” environment claim and could have legal repercussions due to a prior settlement.
Three partners from German VC firm Earlybird are launching U2V, an independent fund targeting €60 million to invest in deeptech university spinouts. The fund will focus on pre-seed and seed stages in Europe, writing €1 million checks into AI, computing, and industrial tech startups.
The chatter about a SpaceX IPO is heating up again, with a new report pointing to a 2026 target. This time, the focus is squarely on spinning off the Starlink business unit.
According to a new report, Lenovo might be preparing a gaming laptop with a rollable OLED screen. The so-called Legion Pro Rollable would let the display expand horizontally to an ultrawide 21:9 format, a first for the company.
AI infrastructure giant CoreWeave is proposing a new $2 billion convertible notes offering. This comes as the company’s interest payments have tripled and it plans to spend up to $14 billion this year alone, highlighting the massive capital burn behind the AI boom.
Researchers from Microsoft, Providence, and the University of Washington have publicly released GigaTIME, an AI model that analyzes standard pathology slides to create virtual, detailed maps of the tumor microenvironment. The tool, trained on 40 million cells and applied to over 14,000 patients, is
VSCO has laid off 24 employees in a major restructuring. The company says its consumer business fell more than expected and it’s now shifting focus to professional photographers and AI-powered tools.
US authorities have charged three businessmen with smuggling Nvidia’s advanced AI chips to China. The crackdown comes amid a major policy shift, with former President Trump approving the sale of H200 GPUs to China under new terms.
KKR is making a major investment in a portion of Compass Datacenters’ operating facilities. The deal, reportedly worth several billion dollars, will help fund Compass’s aggressive development pipeline across the US, Europe, and Israel.
