CPNG News & Events

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily recap compiled by The Fly.LEGAL ACTION:Microsoftis weighing legal action against Amazonand OpenAI over a $50B deal that may breach its exclusive cloud partnership with OpenAI, Stephen Morris, George Hammond, and Madhumita Murgia of The Financial Times reports. The issue centers on whether Amazon Web Services can offer OpenAI's commercial product without violating an agreement that requires all access to the start-up's models to be routed through Microsoft's Azure.AI TOOLS:Amid Anthropic's spat with the U.S. Department of Defense recently over the use of AI in warfare, a top Googleexecutive has quietly met with Pentagon officials to present the tech giant as a defense partner, the New York Times' Kate Conger and Julian Barnes. On February 26, Google Cloud CEO Thomas Kurian met with Emil Michael, a DoD official overseeing the selection of AI tools for the Pentagon, the authors say. Google already had business with the department, and Kurian offered an expanded supply of AI tools without all the noise, the authors say, citing two people with knowledge of the meeting.COPILOT EXECUTIVE GROUP:Microsoftis reorganizing its Copilot executive group, with former Snapexecutive Jacob Andreou heading up the Copilot AI assistant experience for commercial and consumer clients, Microsoft CEO Satya Nadella said in a memo, CNBC's Jordan Novet. Mustafa Suleyman, head of the Microsoft AI group, will focus more on developing generative AI models. "The model is the product," Suleyman said in an interview.GROQ AI:Nvidiais preparing a version of its Groq AI chips to be sold to the Chinese market, Max Cherney, Stephen Nellis and Liam Mo of Reuters, citing two sources familiar with the matter. Nvidia licensed technology from Groq last year in a $17B deal and showed a new lineup of products around its chips at a conference this week.AI FACTORY:Coupangannounced at the Nvidia AI Conference & Expo that its collaboration with Nvidiahas helped Coupang create an "AI factory" which is accelerating new innovations across the company's e-commerce logistics and delivery services. The collaboration leverages the Coupang Intelligent Cloud system, launched in July 2025, and Nvidia DGX SuperPOD to create a self-service AI ecosystem that allows engineers and other data experts to test and build new models quickly across Coupang's global organization, including engineering teams in Seattle and Mountain View, California. Coupang is also supporting Nvidia as a launch partner for Dynamo, the open source software for agentic inference that delivers unmatched scale, efficiency and speed. "Coupang's business is centered on fulfilling our 'Rocket Delivery' promise to customers - providing them with an unprecedented combination of speed, selection and price," said Ashish Suryavanshi, Coupang's VP of Engineering, who spoke at the conference. "This promise requires constant evolution. By working with NVIDIA, Coupang's engineers can build upon the advanced AI models and machine learning already powering our operations and unlock new levels of innovation for our company and our customers."AI-DRIVEN IOT:AT&Tand Ciscoannounced a collaboration to advance the next phase of AI-driven IoT, which the companies say will combine "intelligent networking, edge AI compute, and zero-trust security to enable real-time decision-making across distributed, mission-critical environments with NvidiaAI infrastructure." The companies added that "at the center of the solution is AT&T's dedicated IoT core alongside Cisco's Mobility Services Platform, built to support localized traffic breakout, deterministic performance, and zero trust security for regulated and critical use cases. The Cisco AI Grid with Nvidia is designed to bring on-demand AI inference closer to where data is generated. Built for developers and enterprises deploying AI in real-world environments, it provides a highly secure, end-to-end pathway from edge devices across the AT&T network, and into Nvidia accelerated compute. This network-driven approach reduces complexity, improves performance, and provides the operational scale required to move edge AI from pilots into full production.AI GRID:HPEannounced its AI Grid, saying it is built on the Nvidiareference architecture to connect AI factories and distributed inference cluster. "The HPE AI Grid enables service providers to deploy and operate thousands of distributed inference sites, turning AI installations into a single intelligent system," the company said in a statement. It added, "The HPE AI Grid solution, part of Nvidia AI Computing by HPE portfolio, delivers predictable, ultra-low latency performance at scale for real-time AI services, zero-touch provisioning, and automated security with integrated orchestration."MANUS ACQUISITION:The Chinese government has begun to penalize people linked to Meta's$2B acquisition of Manus in a move meant to discourage Chinese AI executives from moving businesses offshore, Ana Swanson, Meaghan Tobin, Paul Mozur, and Eli Tan of The New York Times, citing two people with knowledge of the matter. The scope of the Chinese government's actions is not yet clear, but efforts include restricting Manus executives from departing China for Singapore, one source said.

The major averages turned lower once again following two days of gains as investors balance oil prices against still-elevated geopolitical risk. The move follows a series of volatile sessions where markets have swung sharply based on headlines tied to the Middle East conflict and energy supply disruptions. Reports of fresh attacks on Iranian energy infrastructure have already caused intraday swings in both oil and equity futures.Meanwhile, traders are focused on the upcoming rate policy decision from the Federal Reserve, which is anticipated to maintain interest rates but could alter its forward guidance in response to the recent energy-driven inflation shock. Oil has been climbing once again, while gold has dropped below $4,900 per ounce.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:General Millsreportedand reiterated its FY26 outlookMacy'sreportedand revenue and provided guidance for FY26Lululemonreportedand provided its outlook for Q1 and FY26Coupangannounced its collaboration with Nvidiahas helped it createInspireMDreported2. WALL STREET CALLS:CitiConstellationto Buy on better beer trendsTruistBlockto Buy following 40% reduction in forceTrade Deskat Rosenblatt and Stifel amid pressures from agenciesRBC CapitalStarbucksto Sector Perform on balanced risk/rewardCF Industriesto Underperform at Mizuho3. AROUND THE WEB:Metahas failed to stop illegal ads for high-risk financial products running on its platforms in Britain, Reuters saysMicrosoftis weighing legal action against Amazonand OpenAI over a $50B deal that may breach its exclusive cloud partnership with OpenAI, FT reportsThe U.S. government confirmed that Teslais the customer behind LG Energy Solution's $4.3B LFP battery supply deal, ending speculation since the contract was disclosed last July, Electrek saysGoogleis in discussions with Envicool and other Chinese firms on buying liquid cooling equipment for data centers, Reuters reportsNebiusintends to raise about $3.75B in convertible debt to use for its data center expansion and to purchase customized chips, and plans to offer the notes in two series, at $2B due in 2031 and $1.75B in 2033, Bloomberg says4. MOVERS:Ovid Therapeuticsgains afterPhase 1 clearance for OV4071, and results for Q4Nextnavand Energy Vaultincreases afternVent Electrichigher in New York after updating its three-yearGeminilower after Citithe stock to SellSailPointfalls afterand providing guidance for FY275. EARNINGS/GUIDANCE:Williams-Sonomaand provided guidance for FY26Spire Globaland provided guidance for Q1 and FY26Jabiland raised its guidance for FY26Weibo, with EPS missing consensusOrbit International, with EPS and revenue lower year-over-yearINDEXES:Near midday, the Dow was down 0.90%, or 424.40, to 46,568.86, the Nasdaq was down 0.55%, or 125.44, to 22,356.75, and the S&P 500 was down 0.56%, or 37.51, to 6,678.58.

Stock futures are lower as investors balance oil prices against still-elevated geopolitical risk. The move follows a series of volatile sessions where markets have swung sharply based on headlines tied to the Middle East conflict and energy supply disruptions. Reports of fresh attacks on Iranian energy infrastructure have already caused intraday swings in both oil and equity futures.At the same time, investors are closely focused on the Federal Reserve, which is expected to hold interest rates steady but could shift its forward guidance in response to the recent energy-driven inflation shock. Rising fuel costs are keeping inflation expectations elevated, and markets are beginning to question whether rate cuts will be pushed further out or reduced altogether if oil remains above $100. Adding fuel to expectations that the Fed may remain on hold is this morning's data that showed that U.S. wholesale inflation rose more than expected in February.In pre-market trading, S&P 500 futures fell 0.41%, Nasdaq futures fell 0.37% and Dow futures fell 0.46%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Coupangup 1% after announcing that its collaboration with Nvidiahas helped Coupang create an "AI factory" which is accelerating new innovations across the company's e-commerce logistics and delivery servicesUP AFTER EARNINGS -InspireMDup 14%Macy'sup 6%Spire Globalup 3%DOWN AFTER EARNINGS -SailPointdown 12%Weibodown 4%Lululemondown 2%Jabildown 2%One Stop Systemsdown 2%General Millsdown 1%Cibusup 1%LOWER -Trade Deskdown 5% after AdAgePublicis Groupeis telling clients it will no longer recommend Trade Deskas a demand-side platform for digital media buying following a recently completed audit

Coupang (CPNG) announced at the NVIDIA AI Conference & Expo that its collaboration with Nvidia (NVDA) has helped Coupang create an "AI factory" which is accelerating new innovations across the company's e-commerce logistics and delivery services. The collaboration leverages the Coupang Intelligent Cloud system, launched in July 2025, and Nvidia DGX SuperPOD to create a self-service AI ecosystem that allows engineers and other data experts to test and build new models quickly across Coupang's global organization, including engineering teams in Seattle and Mountain View, California. Coupang is also supporting Nvidia as a launch partner for Dynamo, the open source software for agentic inference that delivers unmatched scale, efficiency and speed. "Coupang's business is centered on fulfilling our 'Rocket Delivery' promise to customers - providing them with an unprecedented combination of speed, selection and price," said Ashish Suryavanshi, Coupang's VP of Engineering, who spoke at the conference. "This promise requires constant evolution. By working with NVIDIA, Coupang's engineers can build upon the advanced AI models and machine learning already powering our operations and unlock new levels of innovation for our company and our customers."