Julie Morgan

Stiefel is forecasting water fabrication equipment spending to increase by 10 to 15 percent

in calendar year 2026, which could benefit Teradyne, Lamb Research, and KLA.

This equates to a $10-15 billion year-over-year increase, which will be led by Advanced Foundry, Logic, and DRAM.

The financial firm had expected water fabrication equipment growth of 7-8% in a previous forecast.

Teradyne is up 4% pre-market and KLA is up 5%.

Verizon says it has restored network service after a major nationwide outage on Wednesday that left thousands of customers without mobile service.

The company issued the update at 10.15 p.m.

More than 170,000 outage reports were filed on Down Detector, most tied to a lost mobile signal.

Verizon apologized for the disruption and says it plans to issue account credits to affected customers, with more details coming soon.

The company has not said what caused the outage.

In a statement, Verizon said it let customers down and promised to make it right.

AT&T and T-Mobile also reported some service issues, but on a much smaller scale.

Bilt is rolling out a new lineup of credit cards under the name Bilt 2.0, including the Palladium, Obsidian, and Blue cards.

All three offer a 10% introductory interest rate for the first year.

The announcement comes less than a week after President Trump said he plans to push for a one-year cap of 10%

on credit card interest rates nationwide.

Built first came out as a rewards card for renters, allowing people to earn points on rent payments.

Now the company says those rewards will also apply to a mortgage payment.

The new Built Card 2.0 is offered through partnerships with Cardless, Fidem Financial, and Column.

Meanwhile, bank CEOs are pushing back on Trump's call for a credit card interest rate limit.