Intel shares remain above $95 offering price as $20 billion AI expansion tests risk of dilution

Intel shares remain above $95 offering price as $20 billion AI expansion tests risk of dilution

Shares of Intel Corporation remained above the level set for its $20 billion stock offering on Tuesday, indicating that investors were accepting the short-term dilution as the chipmaker sought to secure funds for its AI manufacturing expansion.

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Microsoft stock (MSFT) retreats as Maia 300 launch challenges $116 billion capex investment

Microsoft stock (MSFT) retreats as Maia 300 launch challenges $116 billion capex investment

Shares of Microsoft Corporation slipped in premarket trading on Wednesday following a report that detailed new figures for its upcoming custom AI chip. According to The Information, as reported by Reuters, Microsoft may debut the Maia 300 in September and is in discussions with Taiwan Semiconductor Manufacturing Co. regarding its 2027 production capacity.
Stock Market Today: Live Updates 12.08.2026

Stock Market Today: Live Updates 12.08.2026

LIVEMarkets rolling coverageStarted: August 12, 2026, 4:00 AM EDTUpdated: August 12, 2026, 6:32 AM EDT Sterling Climbs to One-Month Peak Versus Dollar as Markets Await UK, US Data August 12, 2026, 6:32 AM EDT. Sterling advanced to its highest level in one month at $1.3530 against the dollar as investors awaited British and U.S. economic figures. The pound was steady near $1.3510, buoyed by ongoing debate over Bank of England rate moves and elevated gilt yields. Market focus is on UK budget uncertainty and high term premiums. Euro/sterling volatility stayed muted, with the euro trading at 85.41 pence, around a