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Sold-Out Chips, Falling Stocks: Why Wall Street Is Suddenly Nervous About AI’s Memory Boom

by Anusuya Lahiri | Oct 16, 2026 | General

Memory-chip stocks, including Micron Technology Inc. (NASDAQ:MU), SK hynix Inc. (NASDAQ:SKHY) and Sandisk Corp. (NASDAQ:SNDK), came under pressure Friday as investors weighed strong AI-driven demand against rising interest rates, Chinese competition and uncertainty...

Anthropic Spreads Its Bets Ahead of Midterms, Splits Campaign Donations Nearly Evenly Between Republicans and Democrats: Report

by Namrata Sen | Oct 16, 2026 | General

Anthropic’s employee-funded political action committee (PAC) spent more than $255,000 during the third quarter, dividing its contributions almost evenly between Republican and Democratic campaigns. AnthroPAC directed about $130,000 to Republican campaigns and $125,500...

Elon Musk Says Jensen Huang ‘Rocks’ as SpaceX, Nvidia Team Up on AI Data Centers in Space: ‘Far Better Than Almost Anyone Expects’

by Ananya Gairola | Oct 16, 2026 | General

Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk praised Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang as the two companies deepen their collaboration on AI computers designed to operate in space. Musk Praises Nvidia Partnership As SpaceX Develops AI...

KFC Had Pepsi for Nearly 40 Years. Coca-Cola Stock Is Trending After Winning It Over

by Dylan Berman | Oct 16, 2026 | General

The Coca-Cola Company (NYSE:KO) is trending Friday after KFC said Thursday that its U.S. restaurants will switch from PepsiCo to Coca-Cola beverages next year. Coca-Cola stock is approaching key resistance levels. Why are KO shares at highs? KFC Drops Pepsi for...

International Seaways Expands Global Tanker Fleet With Bruton Acquisition

by Akanksha Bakshi | Oct 16, 2026 | General

International Seaways, Inc. (NYSE:INSW) stock traded higher in Friday’s premarket session after the oil tanker operator announced a $370 million acquisition of Bruton Limited to expand its fleet and released preliminary third-quarter results showing a sharp increase...
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