AI News

Can Elon Musk live up to Cathie Wood's high expectations?

The company's autoimmune drug was approved for the treatment of a rare blood disease.

Nvidia Q2 revenue more than doubled to $96.2 billion, with data-center sales jumping 117% to $89 billion.

Cheesecake Factory, Victoria’s Secret, Cracker Barrel, CarMax and Airbnb have risen 38% to 130%.

Rezolve AI stock has logged steep share price losses over the past three years while one of its valuation checks still screens it as undervalued on a market multiple basis. Recent contract wins and product announcements have brought fresh attention to the company, yet its overall value score remains low. The share price has declined about 72% over the past three years, which puts Rezolve AI firmly in a recovery story rather than a recent high flyer. Google’s deployment of Rezolve AI’s...

Apple Inc.’s (NASDAQ:AAPL) "Surprise and shine" teaser for its Sept. 9 event has sparked fresh iPhone 18 Pro speculation, with Mark Gurman reading possible clues to a mechanical camera aperture and a new blue finish. Apple Sept. 9 Event: What to Expect On Wednesday, Apple confirmed that its "Surprise and shine" event will begin at 10 a.m. PT on Sept. 9, with the presentation expected to take place at Apple Park and stream online. The event will be particularly significant because John Ternus wil

In recent days, BlackRock has attracted very large inflows into its iShares Bitcoin Trust and Ethereum ETFs, eased in‑kind creation thresholds that enabled more than US$5.00 billion of direct Bitcoin‑to‑ETF conversions, and joined an Nvidia‑led consortium to finance large‑scale AI compute infrastructure. These moves underscore BlackRock’s push to sit at the center of both the “debasement trade” in Bitcoin and gold and the capital stack for AI infrastructure, potentially reshaping how...

Asian chip firms rallied Thursday following more blockbuster earnings from Nvidia that eased worries over the AI investment boom, though the euphoria was tempered by US data showing stubbornly high inflation.Nvidia is considered the bellwether for the AI spending frenzy, with its results largely determined by mega purchases from AI giants such as OpenAI, Amazon, Microsoft and xAI. The firm has led an eye-watering rally by tech firms over the past year and in October became the first to hit a mar

X-Energy (NasdaqGS:XE) is positioning its Xe-100 small modular reactor to serve rising power needs from AI infrastructure across major customers. Early commercial focus includes projects with Dow, Amazon and Centrica as they seek long term, reliable energy for data and industrial operations. The Xe-100 pipeline is aimed at large scale deployments that can be added in modules to match growing electricity demand from AI adoption. This focus marks a shift in attention toward X-Energy's...

After a short stint at OpenAI, Zoph will become a vice president of research at Google, which has recently lost a string of high-profile researchers.

Meta Platforms, Inc. (NASDAQ:META) is reportedly in discussions with states to settle its high-profile trial over alleged harm to young social media users. Meta, States Discuss Potential Settlement The Mark Zuckerberg-led tech giant and state attorneys general are discussing a mid-trial settlement while a federal trial is ongoing, Bloomberg reported Tuesday, citing people familiar with the matter. The company is accused of intentionally designing Facebook and Instagram to keep teens addicted to

Apple just made a major bet on where your AI should live

Tesla stock has delivered a strong 41.3% gain over the past five years, yet on current checks it screens as expensive. This raises questions about how much of the story around robotaxis, AI and energy is already reflected in the price. The 41.3% total return over five years shows Tesla has rewarded long term holders, while the recent weaker year to date picture means that performance has been uneven across time frames. Ambitious plans for robotaxis, humanoid robots and wider AI deployment...

As part of its $18 billion settlement with 48 states, Meta agreed to add these restrictions to youth accounts within six months.

Meta’s settlement calls for several key design changes to protect teens, but how the states will verify and enforce the changes is a big question mark.

Tesla Inc. has raised the prices for its Cybertruck all-electric pickup truck in the U.S. by up to $5,000 for some trim levels in the lineup. Cybertruck New Pricing Structure The EV giant hiked prices of the Cybertruck’s Dual-Motor AWD...

Apple stock has more than doubled over the past five years, yet the latest valuation checks point to a share price that sits above one common estimate of intrinsic value while traditional market multiples look closer to fair. Apple has returned 110.7% over the past five years, which puts extra focus on whether current cash flow expectations justify today’s valuation. Excitement around Apple’s push into AI centric hardware and services, including new M6 and M5 series chips and on device AI...

Tesla is making a big push into robotics, but Nvidia and Microsoft could be better long-term robotics stocks.

Tesla has scrapped one of Elon Musk’s biggest home bets.

Though the roles may be reversed in Ford and Geely's partnership, the former should have a ton to gain from its Chinese partner.

Fed’s preferred inflation gauge (PCE) showed core prices rose 3.3% annually in July.

Nvidia wavered late while CrowdStrike, Okta, Salesforce are big earnings winners. Is the market setting up or a setup?

Amazon is adding another 2 million Nvidia GPU chips to its data centers over the next two years. But this extended partnerships stretches beyond buying more chips.

OpenAI is launching a second startup fund—this time pulling from its own balance sheet. An affiliate of the ChatGPT maker filed paperwork with the U.S. Securities and Exchange Commission on Wednesday indicating it has raised a $400 million sophomore fund. OpenAI launched its first startup fund, a $175 million haul, in 2021.

Meta agreed to pay a coalition of US states as much as $16.7 billion and to impose sweeping new limits on how teenagers use Facebook and Instagram, according to a court filing on Wednesday that ends a landmark trial in California.The settlement ends the trial in its second week.