artificial intelligence

The massive AI spending spree led by Amazon.com, Inc. (NASDAQ:AMZN), Microsoft Corp (NASDAQ:MSFT), Alphabet Inc. (NASDAQ:GOOGL) and Meta Platforms, Inc. (NASDAQ:META) is increasingly colliding with one of the market's biggest fears: higher inflation and interest rates that refuse to come down....

South Korean chip manufacturer SK Hynix has crossed the $1 trillion market cap, joining the ranks of Samsung Electronics (OTC:SSNLF) and Micron Technology (NASDAQ:MU) in the memory chip sector. On Wednesday, SK Hynix’s shares ended the session with a 9.3% increase, after...

On Tuesday, Kevin O'Leary alleged that foreign-linked interests connected to China may be helping drive opposition to a major Utah AI data center project through what he described as a coordinated misinformation campaign. Utah AI Data Center O'Leary said in a post on X that while local communities...

xAI employees were told by the company's attorney, James Burnham, that interactions with employees at Cursor should be limited. Burnham emailed guidelines to all xAI staffers last week noting that conversations with Cursor employees "should not extend beyond what is necessary to implement a...

Salesforce Inc (NYSE:CRM) looks to turn things around with shares trading near three-year lows when the company reports first-quarter financial results on Wednesday after market close. Here are the earnings estimates, what experts are saying ahead of the report and the key items to watch. •...

Stord has closed a $250 million Series F at a $3 billion valuation and rolled out Stord Labs, a new robotics and AI initiative. Investors participating in the round included Strike Capital, Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared, Bond, and Lux, among others....

Sam Altman, arguably the most public-facing executive in the current AI wave, doesn’t want you to worry about a “job apocalypse.” Speaking at a Commonwealth Bank of Australia conference in Sydney, Altman pushed back on dire industry predictions of an AI-driven labor disruption. "I...

Apple Inc (NASDAQ:AAPL) seems poised to capture the "agentic smartphone opportunity," BofA Securities analyst Wamsi Mohan says. The Apple Analyst: Mohan reiterated a Buy rating and raised the price target from $330 to $380. The Apple Thesis: In an AI-driven world, the most valuable platform is one...

Shares of Braze Inc. (NASDAQ:BRZE) are climbing on Tuesday ahead of the software company’s first-quarter results report on Wednesday. BTIG analyst Nick Altmann expects quarterly results to show organic revenue growth of 22.7% in Q1 and management to modestly raise their growth guidance for...

For years, Warren Buffett‘s Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) was the stock investors turned to when markets got nervous. Now, the market appears to be rewarding a different playbook. A chart comparing Berkshire Hathaway’s Class A shares to the S&P 500-tracking State...

Chip stocks soared Tuesday after Bank of America indicated that the artificial-intelligence boom remains fundamentally driven by earnings growth — not speculative and bubble-related excesses — despite one of the strongest rallies the sector has ever seen. The iShares Semiconductor ETF (NASDAQ:SOXX...

SanDisk Corp (NASDAQ:SNDK) stock spiked on Tuesday as investors bet that AI-driven demand for memory and storage could sustain higher pricing across the semiconductor sector for years. AI Storage Supercycle Drives Memory Pricing Outlook Investor sentiment strengthened after reports suggested memory...

Technology giants including Microsoft Corporation (NASDAQ:MSFT), Meta Platforms, Inc. (NASDAQ:META), Amazon.com, Inc. (NASDAQ:AMZN) and Alphabet Inc. (NASDAQ:GOOGL) have committed hundreds of billions of dollars toward AI infrastructure, while investors continue to question whether those...

PepsiCo Inc (NASDAQ:PEP) chief people officer Becky Schmitt said the company is doubling down on "hustle," curiosity and adaptability as artificial intelligence reshapes how employers define top talent. AI Drives Talent Shift At PepsiCo Schmitt said the company's "secret sauce" for hiring...

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong said the global financial system still requires major upgrades and called for tokenization, AI-driven services and 24/7 markets as part of a broader crypto-powered overhaul. Crypto Vision For Financial System Upgrade On Sunday, in a post...