The Latest Breaking News from Benzinga

Lam Research (NASDAQ:LRCX) and JSR Corp. (OTC:JSCPY) announced a non-exclusive cross-licensing and collaboration agreement to accelerate next-generation semiconductor manufacturing.

Three BlackRock fixed-income closed-end funds experienced notable declines in their quality rankings this week, pushing each into the market's bottom decile for operational efficiency and financial health. This shift comes as U.S. Treasury yields have been declining, causing changes across the credit markets.

Jack Dorsey, co-founder and CEO of Block Inc. (NYSE:XYZ), on Monday encouraged merchants using the company's Square platform to test Bitcoin (CRYPTO: BTC) payments.

On Monday, personal finance expert Dave Ramsey addressed a caller's concerns about saving "too much" money, telling her that the real issue was not income but a lack of budgeting and organization.

The International Atomic Energy Agency (IAEA) has revised upward its nuclear power projections, signaling an entirely shifted momentum for the sector. The decision marks the fifth consecutive upward revision since 2021, when forecasts began to rebound following a “lost decade” triggered by the Fukushima disaster in 2011.

Oracle Corp. (NYSE:ORCL) shares surged over 3% to $313 in pre-market trading on Tuesday, building on a 3.41% gain from Monday's regular session. This increase comes as investors prepare for possible updates on a TikTok acquisition and remain optimistic about the company's role in supporting AI infrastructure.

Editor’s Note: The future prices of benchmark tracking ETFs, the lede, and the latest economic releases were updated in the story.

Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has opened a major data center in Waltham Cross, Hertfordshire, as part of a 5 billion pounds (~$6.818 billion), two-year investment plan in the United Kingdom. The new hub is intended to power the nation’s growing demand for artificial intelligence and cloud services.

The U.S. government’s recent investment in Intel Corp. (NASDAQ:INTC) could lead to unintended inefficiencies in the global semiconductor industry, according to a report by Fitch Ratings.