Investors liked what they heard about the company's ambitious expansion plans.
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Investors liked what they heard about the company's ambitious expansion plans.
Shares of the eVTOL maker have collapsed over the past year.
The e-commerce company's hardware price hikes follow similar moves by Apple, Dell, and Microsoft Xbox.
In early August, former Walt Disney CEO Bob Iger and investor Josh Kushner bought a majority stake in the Los Angeles Lakers at a record $12.5 billion valuation—$2.5 billion more than the sale price a year ago. Another is not-so-obvious: tax benefits. Since 2004, pro franchises have been considered “Section 197 intangibles,” says tax expert Robert Willens.
Earlier this year, Elon Musk became the first person to ever have a net worth of $1 trillion thanks to a strong market debut for his space company SpaceX. While SpaceX stock has fallen in value and Musk is no...
It was swept up in a broad and powerful cryptocurrency rally.
Apple Inc. has reportedly eliminated more than 200 jobs across its Siri, software engineering, and Vision Pro divisions to focus on artificial intelligence capabilities.
Nvidia is leagues ahead of its rivals in the lucrative AI chip market.
Wall Street sees 85% upside in Broadcom versus 45% for Microsoft. But bigger upside doesn't always mean the better buy. Here's why I'm sticking with Microsoft as the smarter AI stock for 2026.
Neoclouds -- companies that buy and rent out GPUs for AI -- are seeing incredible demand for the assets they’re building.
Analysts published bullish new takes on the current frenzy for AI build-outs.
Nvidia is effectively centralizing the artificial intelligence supply chain by bypassing traditional mergers and acquisitions in favor of a repeatable, non-traditional financial mechanism. By deploying a licensing-plus-hire strategy, the company absorbs the operational capacity of critical AI startups while avoiding the regulatory scrutiny that typically accompanies full-scale corporate integration. This approach, most recently evidenced by […]
David Tepper's hedge fund, Appaloosa Management, recently initiated a position in CoreWeave while also raising its exposure to Meta Platforms.
Even as Tesla's ambitions broaden, it remains the country's top EV maker.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q2. Today, we are looking at consumer internet stocks, starting with Expedia (NASDAQ:EXPE).
Here’s what could be next for Nvidia stock.
Recently, Broadcom’s role as a core custom AI chip supplier came under scrutiny after Google expanded its long-term partnership with Marvell Technology to co-develop additional accelerators and controllers for its AI hardware ecosystem. At the same time, Broadcom is exploring a very large debt-financing package, reportedly up to US$100.00 billion, to back AI chip deals for Anthropic and others, underscoring both its centrality to AI infrastructure build-outs and the financial and competitive...
The conglomerate's new CEO spent the second quarter selling the bank Buffett had been selling for two years -- and buying the airline Buffett sold out of in 2020.
The U.S. 30-year Treasury yield climbed for the second straight week.
Tesla caught two breaks: Nevada regulators cleared it to put as many as 5,000 driverless robotaxis on Las Vegas streets, and its electric semi truck is headed to Germany.
Home Depot's earnings beat looked great on paper, but analysts on the call kept circling one large one-time gain to see if the company's core profitability is really holding up.
Sen. Bernie Sanders (I-Vt.) criticized major technology companies over the potential impact of artificial intelligence on jobs, privacy, electricity costs and the environment, while calling for a moratorium on AI data centers. Sanders Targets AI Billionaires On Wednesday, Sanders criticized...
On Aug. 21, 2026, Nevada cleared the way for paid autonomous ride-hailing services, fueling investor optimism on its Cybercab fleet deployment.
Investing.com -- Anthropic (NASDAQ:ANTP) has hired former Google executive Amir Salek to join its compute team as the artificial intelligence lab lays the groundwork for an in-house semiconductor initiative, according to a report from Bloomberg. Salek, who previously led Alphabet Inc.’s custom silicon efforts and delivered seven generations of Tensor Processing Units, will report directly to Anthropic compute lead James Bradbury. The executive recruitment underscores Anthropic’s ambition to secu
On August 10, Jefferies downgraded Apple Inc. (NASDAQ:AAPL) to underperform from hold, cutting its price target to $263.66 from $285.56, implying roughly a 16% downside from Friday’s close of $313.33. Analyst Edison Lee said supply chain checks show Apple has canceled its planned all-glass 20th-anniversary iPhone, expected to launch in September 2027, due to poor […]