High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Punters on Polymarket are wagering on what it will cost to rent Nvidia's H100 chip by the end of July, and the market says more about the AI economy than almost any equity index. Traders currently assign a 43% probability that the benchmark rental rate lands between $2.30 and $2.60 per hour,...
<body><p>STORY: From Samsung's huge quarter to Microsoft's big lay offs...</p><p>This is AI Weekly.</p><p>:: AI Weekly</p><p>Samsung flagged a 19-fold jump in second-quarter profits from a year earlier.</p><p>The South Korean giant estimated April-June operating profit at just over $58 billion - ahead of analyst projections.</p><p>The global AI boom drove huge demand for Samsung's chips, and sent prices for silicon sky-high.</p><p>Although investors wiped more than $80 billion off the firm's market value after the results were announced over worries about how long the AI bonanza will last.</p><p>China plans to allow its top AI firms to buy a limited number of Nvidia's most powerful AI chip, the H200.</p><p>That's according to a report from The Information.</p><p>It said Chinese officials recently told local leaders Alibaba, ByteDance and DeepSeek they may soon get permission to buy some of the chips.</p><p>Beijing has until now withheld approval of buying the H200 as it looks to support domestic suppliers.</p><p>Microsoft said it will cut more than 2% of its workforce, or roughly 4,800 jobs.</p><p>It joins a wave of layoffs at tech titans as they move investments to AI infrastructure.</p><p>Booming AI demand has powered growth at Microsoft's Azure cloud-computing business.</p><p>But the growing cost of building data centers to run those services has hit cash flows.</p><p>And sources told Reuters China's DeepSeek is developing its own AI chip.</p><p>It could lower its reliance on Nvidia and Huawei chips which is needed to train and run its AI models.</p><p>The sources said the chip is designed for inference, rather than for training new models.</p><p>Inference is the stage of AI computing where a trained model generates responses for users.</p><p>DeepSeek didn't respond to a request for comment.</p></body>
Cheap valuations could make small-cap growth stocks a strong choice for the next several years.
American AI chip startup Cerebras accelerates its European expansion with 200MW of AI compute capacity by the end of 2027, challenging sector behemoth Nvidia as it highlights "extraordinary" demand across the continent.View on euronews
Recently, analysts at Oppenheimer issued a surprising set of downgrades on a slew of large-cap bank stocks.
The company is likely to play a crucial role in U.S. drone production.
PARIS, July 9 (Reuters) - The French competition authority said on Thursday its probe into chipmaker Nvidia Corp is coming to an end.
Investors need to consider whether Sandisk can exceed expectations from here.
The health insurer's stock price is up 61% since April.
Many high-flying artificial intelligence stocks have officially plunged into correction territory.
Tesla investors will need to be patient with the robotaxi rollout, but better-than-expected deliveries are bolstering the investment case for the stock.
The new head of the central bank inadvertently spilled the beans on what's likely coming regarding interest rates.
Buffett has a long track record of investing success and has proven his understanding of the financial markets.
The airline kicks off earnings season Friday. Is the stock worth buying ahead of it?
SpaceX would likely need to deliver on long-term ambitions for it to happen.
The AI infrastructure build-out has entered a new phase, as more companies seek control over their own systems.
The data mining and AI specialist continues to generate results that defy the critics.
Space Exploration Technologies (NasdaqGS:SPCX), via its SpaceXAI unit, has launched Grok 4.5, a next generation AI model and coding agent. The release is described as the company’s most advanced AI system so far and is immediately available for developers. Grok 4.5 is trained on Nvidia GPUs and is designed to handle complex, agentic coding tasks for enterprise and developer use cases. Space Exploration Technologies is adding a new angle to its story with Grok 4.5, as the company’s AI push...
DeepSeek, the Hangzhou-based artificial intelligence startup, is designing its own chip, three people familiar with the matter say. The move would reduce its dependence on Nvidia, the dominant American chipmaker, and on Huawei, the Chinese technology group whose Ascend processors it now leans...
Steve Cohen, head of Point72 Asset Management, dumped tech stocks and bought this unloved healthcare company.
SpaceX's losses are accelerating.
A ton of new SpaceX shares will flood the market over the next 12 months.
Can anything slow the memory giant down?
Strategy's latest Bitcoin sale is rattling some of the coin's holders.
When buying international dividend stocks, diversification is likely the best bet.
Tech rotation, along with a report speculating that Nvidia’s China sales may resume, drove Nvidia shares higher.
Investors cheered news of a multibillion-dollar deal with a tech titan.
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