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Bloomberg76d agoneutral
DeepMind CEO to Lobby Washington on Plan for Group to Vet AI Models

(Bloomberg) -- Earlier this week, Google DeepMind Chief Executive Officer Demis Hassabis unveiled a proposal for a new international watchdog that would do “rigorous” tests and reviews of cutting-edge AI models before release.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveOpenAI’s First Device Will Be Movable, Screenless Speaker Built

Quantum Computing (QUBT) Completes Acquisition of NHanced Semiconductors for $73.1M
Insider Monkey76d agoneutral
Quantum Computing (QUBT) Completes Acquisition of NHanced Semiconductors for $73.1M

Quantum Computing Inc. (NASDAQ:QUBT) is one of the best future stocks to buy under $10. On June 23, Quantum Computing announced the completion of its acquisition of NHanced Semiconductors, Inc. in a cash-and-stock transaction valued at $73.1 million, with up to $72 million in additional performance-based incentives. This strategic move marks a transition for QCi […]

Should the Fed aim to 'modestly' raise interest rates?
Yahoo Finance Video76d agoneutralVIDEO
Should the Fed aim to 'modestly' raise interest rates?

Federal Reserve Bank of Dallas president Lorie Logan came out in favor of "modestly" higher interest rates to better balance inflation risks on Thursday. Interactive Brokers senior economist José Torres reacts to this opinion and what Fed Chairman Kevin Warsh's plans for the balance sheet could mean for inflation.

Bloomberg76d agoneutral
SpaceX Post-Listing Collapse Threatens IPO Market’s AI Euphoria

(Bloomberg) -- SpaceX’s fall from its post-listing peak to below its IPO price in just a month poured cold water on the market for newly public companies, dragging a key gauge of this year’s debuts down with it.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI Companio

Micron’s AI Boom: Wall Street Breaks Down How High Earnings Can Go
Barrons.com76d agoneutral
Micron’s AI Boom: Wall Street Breaks Down How High Earnings Can Go

Micron Technology has become a key artificial-intelligence trade bellwether. Now analysts are trying to game out what peak earnings will look like for Micron if the AI cycle continues. A Trivariate Research analyst team, led by Adam Parker, on Thursday called Micron “the most important stock in the market,” writing that shares of the memory-chip maker have become a “proxy for the AI cycle and risk-taking.”

IBM's worst day since 1968 handed Micron a gift
TheStreet76d agoneutral
IBM's worst day since 1968 handed Micron a gift

International Business Machines (IBM) has spent three years quietly convincing Wall Street it belonged in the artificial intelligence trade. However, on July 14, the market decided otherwise in a single session. IBM shares closed at $217.07, falling 25.21% that day alone. This came ...

Why Microsoft’s $80 Billion Xbox Bet Backfired
The Wall Street Journal76d agoneutral
Why Microsoft’s $80 Billion Xbox Bet Backfired

MEDIA & MARKETING Photo: George Downs/WSJ Struggling to keep up in the console market, Microsoft’s Xbox bet on a subscription service called Game Pass. The company spent more than $80 billion to acquire game studios—and bring major franchises like “Call of Duty” and “Fallout” onto the platform.

SpaceX IPO Trails Largest 2026 Debuts
The Wall Street Journal76d agoneutral
SpaceX IPO Trails Largest 2026 Debuts

SpaceX's post-IPO performance is trailing among this year's top 10 blockbuster debuts. Shares will close below the rocket maker's $135 IPO price for the first time if the current price around $131 holds.