News

U.S. Geological Survey: A magnitude 5 earthquake struck 16 kilometers west of San José del Palma, Colombia.

TASS quoted a Russian diplomat as saying that Moscow would view any military provocation in the Dniester region as an attack on Russia.

Archer Aviation shares rose 14% on news of its acquisition of Boeing’s subsidiaries Wisk Aero, Insitu, and Skygrid.

The Dow Jones Industrial Average opened down 17.50 points, or 0.03%, at 54,019.43 on Monday, August 10; the S&P 500 opened down 1.00 point, or 0.01%, at 7,756.46; and the Nasdaq Composite opened down 19.93 points, or 0.08%, at 26,670.69.

Microsoft (MSFT.O) rose 1.4% after announcing a significant increase in AI chip production. Meta Platforms (META.O) rose 1.16% after launching the lightweight AI model Muse Glimmer.

At the open, the Dow Jones Industrial Average fell 0.1%, the S&P 500 fell 0.06%, and the Nasdaq Composite fell 0.06%. Apple (AAPL.O) fell 2.1% after Jefferies downgraded the company's rating; Intel (INTC.O) fell 4% after announcing a proposed $15 billion common stock offering.

Microsoft (MSFT.O) rose 0.93% in pre-market trading.

According to The Information, Microsoft has been in talks with TSMC (TSM.N) to secure production capacity for more than 300,000 MAIA chips, with delivery scheduled for 2027.

According to The Information, Microsoft will significantly increase the production of its artificial intelligence chips.

According to The Information, Microsoft believes that the MAIA chip can run its own and OpenAI models at a lower cost.

According to The Information, Microsoft plans to increase its use of MAIA while actively seeking large clients.

According to The Information, Microsoft plans to release its next-generation MAIA 300 AI chip in September.

According to The Information: Microsoft's (MSFT.O) self-developed artificial intelligence chip project is showing signs of recovery after a slow start.

Intel (INTC.O) shares fell as much as 5.3% in pre-market trading.

Uzbekistan Consulate: Drone attack on Russia's Republic of Tatarstan has killed seven Uzbek citizens.

Market news: The Ontario Teachers' Pension Plan (OTP) in Canada achieved a return of 9.5% in the first half of the year, mainly due to the IPO of SpaceX (SPCX.O), a company owned by Elon Musk.

Amazon.com: Novo Nordisk selects AWS as a partner.

Boeing's proposed acquisition of a stake in Archer Aviation sent the company's stock price soaring 15% in pre-market trading.

Boeing (BA.N): The transaction is expected to be completed by the end of 2026.

Boeing said it plans to acquire nearly 20% of Archer Aviation.