Nvidia stock was headed for its lowest level since April on a report another customer is developing an in-house AI chip.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Amazon.com is looking to raise at least $25 billion through a U.S. dollar bond sale, Bloomberg News reported on Tuesday, in the company's latest push to fund its hefty AI investments. Tech companies have been tapping debt markets and launching equity sales to fund their costly AI infrastructure build-out. Big Tech, including Amazon, Alphabet, Microsoft and Meta, are expected to spend more than $700 billion on AI this year.
Marvell Technology (MRVL) can sustain 40% and above growth for the next three years on account of st
AI orchestration could help companies manage model costs more efficiently.
The generative AI in customer services market is experiencing substantial growth, with its size expected to escalate from $0.66 billion in 2025 to $1.95 billion by 2030. Key market drivers include the integration of generative AI into CRM platforms, increased customer expectations for immediacy, and the adoption of hybrid cloud AI solutions. Notable advancements such as AI-driven self-service, predictive customer interaction analytics, and real-time sentiment detection are reshaping the...
The company's AI platform is driving rapid, triple-digit growth in its core U.S. market, but the stock's premium price and past volatility demand a clear-eyed look at the risks.
Microsoft’s (MSFT) latest restructuring just sent a painful message to employees and investors at the same time. The company is tightening its workforce again as it looks to manage weaker pockets of the business while keeping its massive AI push on track. The timing couldn’t have been more ...
Let’s be honest. When a stock you own doubles, you feel like a genius. When it’s a behemoth like Alphabet (GOOGL), and it returns +105% in a year, you might wonder if you’ve misread the chart. You haven’t. Over the past 12 months, while the S&P 500 gained a respectable 21%, Alphabet left it in the dust. It also trounced its mega-cap peers; Microsoft (MSFT) stock returned -21.9%, and Meta Platforms (META) returned -16.2% over the same period.
(Bloomberg) -- For years, the Magnificent Seven tech giants commanded investors’ attention, dominating the S&P 500 Index and determining which way the overall stock market was headed. Those days are over.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentenc
Companies In The News Are: ORLY, GPC, AVGO, AAPL, MSFT, DELL.
Wix.com Ltd. (NASDAQ:WIX) is one of the 10 Best Stocks to Buy According to Billionaire Jeffrey Talpins. Wix.com Ltd. (NASDAQ:WIX) is another AI stock that has struggled in today’s AI era. The shares are down by 69% over the past year and by 51% year-to-date. Banking giant JPMorgan discussed Wix.com Ltd. (NASDAQ:WIX)’s shares on June […]
NVIDIA (NVDA) has announced a change in a key leadership role, with long-serving executive Ajay K. Puri planning to retire and former Microsoft sales leader Nicholas Parker set to take over worldwide field operations. See our latest analysis for NVIDIA. At a share price of $195.55, NVIDIA’s recent momentum has cooled, with the 7 day and 30 day share price returns declining 2.27% and 4.66% even as the 90 day share price return is up 7.40% and the 1 year total shareholder return sits at 22.38%...
Microsoft’s Game Pass has around 30 million users, well below the company’s internal projection of 77 million, the Wall Street Journal reported, citing a source.
Researchers from Harvard Business School and INSEAD said in a working paper published in June that AI-native startups are building smaller, flatter organizations while hiring fewer entry-level workers and more experienced technical talent than traditional startups. The study, titled “AI-Native...
Microsoft cuts 4,800 jobs and resets Xbox, eliminating 3,200 gaming roles and spinning off four studios as tech layoffs continue.
In recent weeks, IREN Limited has been identified as a leading contender for Anthropic’s reported A$22.00 billion, 1.40-gigawatt Australian AI cloud capacity tender, leveraging its Bundey campus and secured grid connections. This potential Anthropic contract, alongside IREN’s existing Microsoft and Nvidia agreements, highlights how its large powered land bank could underpin its AI cloud ambitions. We’ll now examine how Anthropic’s interest in IREN’s Australian footprint could reshape the...
(Bloomberg) -- Syntiant Corp., a company making semiconductors and software for artificial intelligence, filed for an initial public offering to tap investors’ enthusiasm for the technology. Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsSaudis Slash Main Oil Price to Rare Discount as Market DivesTwo Millennium Trading Po
Yahoo Finance Tech Editor Dan Howley breaks down Microsoft's sweeping restructuring of its gaming division, outlining how a severe hardware slump and disappointing returns on multi-platform and Game Pass expansions forced Xbox to cut 3,200 jobs and divest five major development studios.
Shares of Microsoft fell almost 1% after the company said it’s cutting 4,800 jobs, or 2.1% of its global workforce.
By Stephen Culp NEW YORK, July 6 (Reuters) - Wall Street advanced on Monday as a rebound in semiconductors put the Nasdaq on top.
Orchestration refers to coordinating tasks across different AI models. It’s taking on new importance as enterprises grow cautious with AI budgets.
Microsoft (NASDAQ:MSFT) looks mispriced, and the discomfort is the whole point. The company is cutting roughly 4,800 jobs, about 2.1% of its workforce, while telling investors it will spend roughly $190 billion on capex in calendar 2026 to feed AI and Azure. Microsoft is the closest thing the S&P 500 has to a pure AI ... Microsoft Is Cutting 4,800 Jobs to Feed the AI Machine. Should You Still Own It?