Dexcom has announced that its Stelo glucose biosensing device has received FDA clearance for pediatric use, expanding its indication to include children aged 2 years and older who are not using insulin. The company plans to roll out a reimagined Stelo app experience in July in the US, with international expansion to the UK, Australia, New Zealand, and South Korea starting later this year. This move aims to increase access to glucose insights for families, especially in light of the rising prevalence of youth onset Type 2 diabetes and metabolic syndrome.

Texas Pacific Land Corporation has announced a deal with Chevron U.S.A. Inc. to provide land and brackish water resources for a power generation facility in Reeves County, Texas. This facility will support a data center as part of Chevron’s Project Kilby development. Texas Pacific Land's CEO, Ty Glover, emphasized West Texas's validation as a premier location for compute infrastructure, while Chevron's Daniel Droog highlighted the project's focus on large-scale energy infrastructure, water stewardship, and community engagement.

Wells Fargo analyst Jason Kupferberg maintained a Hold rating on PayPal Holdings (PYPL) with a $48.00 price target, despite the company reporting increased quarterly revenue of $8.35 billion. Corporate insider sentiment for PayPal is positive, with recent buying activity from executives. The consensus among analysts for PayPal Holdings is a Hold rating with a price target of $48.05.

Nvidia and DataDirect Networks (DDN) are collaborating to enhance the value of AI infrastructure by optimizing GPU utilization and efficiency for enterprises. Their partnership focuses on building new architectures to handle the intensive demands of "agentic" AI use cases and on significantly lowering the cost per token, a key metric for AI deployment economics. This effort aims to facilitate widespread enterprise adoption of AI by making compute and data work together seamlessly and profitably.

Morgan Stanley has upgraded CDW (CDW.US) to "Overweight" from "Equal-weight" and increased its price target from $230 to $330. The firm also raised price targets for IBM (IBM.US) to $227 and Dell (DELL.US) to $178, citing strong demand in the server market driven by local AI deployment. Analyst Erik Woodring highlighted that the market is underestimating the boost from new AI processors for servers and the accelerating demand for on-premise AI infrastructure.

Petty Products, an Arizona-based supplier of bath and shower products, has successfully implemented Rootstock ERP and Agentforce Revenue Management. This integration aims to connect sales, purchasing, inventory, and operational workflows on a single platform, enhancing business agility and supporting the company's growth, especially as residential construction demand rises. The new system replaces manual processes, allowing for better coordination, streamline operations, and improved responsiveness to market demands.

The New York Stock Exchange (NYSE) released its daily pre-market update, highlighting key market insights and upcoming events. The update noted traders monitoring AI developments and the Middle East conflict, with specific mentions of Disney's "Generation Stream" study results, Twilio's CEO remarks on its 10-year NYSE anniversary, and FIRY CEO Andrew Paradise discussing his company's rebranding from Skillz Inc.

Cisco and Generation: You Employed are partnering to leverage AI in connecting individuals to learning and employment opportunities, especially as AI reshapes the job market. This collaboration uses AI-driven tools to improve job matching efficiency, personalize learning experiences, and adapt curricula for an AI-driven workforce. Their efforts have led to significant success in graduate employment and financial independence, demonstrating AI's potential when developed with human needs and purpose in mind.

Texas Pacific Land Corporation (TPL) has announced an agreement with Chevron U.S.A. Inc. (CVX) to provide land and brackish water resources for Chevron's Project Kilby. This project involves a large-scale power generation facility in Reeves County, Texas, designed to support a customer data center. TPL's CEO, Ty Glover, emphasized West Texas as a premier location for compute infrastructure, highlighting the region's resources and supportive regulatory environment.

B.Riley reaffirmed its Buy rating and $250 price target for Reddit (NYSE:RDDT), highlighting that the company's investments in its ad technology are significantly improving ad performance, with advertiser return on ad spend exceeding industry averages. Reddit's financial performance shows strong momentum, with revenue up 71% in the last year and a 91% gross profit margin. The firm sees attractive risk/reward for Reddit stock, which trades at 15.9x FY27 EV/adjusted EBITDA, and notes that InvestingPro analysis suggests the stock is currently undervalued.