A Wall Street Journal analysis found that nine major technology companies, including Microsoft, Amazon, Alphabet, Meta Platforms, Oracle, Nvidia, Broadcom, Advanced Micro Devices, and SpaceX, are carr…
TikTok has reached a $400 million settlement with the U.S. Department of Justice, ending a 2024 lawsuit alleging the company violated federal children’s privacy laws. The DOJ said Friday that TikTok w…
Wolfe Research projects Nebius Group (NASDAQ: NBIS) can reach more than $41 billion in annual recurring revenue (ARR) by 2030, nearly 10 times the $4.26 billion ARR modeled for Q3 2026, driven by cont…
Broadcom Inc. (NASDAQ: AVGO) reported Q2 FY2026 AI semiconductor revenue of $10.80 billion, up 143% year-over-year, and guided Q3 AI revenue to $16.0 billion, with a fiscal 2027 target exceeding $100 …
Crypto firms, artificial intelligence companies, and online gambling businesses drove a record $517 million in corporate election spending on 2026 U.S. races, surpassing the $461 million corporations …
Meta Platforms CEO Mark Zuckerberg told journalist Alex Heath that he published his recent AI policy op-ed to state his values before Meta releases much more capable AI models in the near future, a si…
Apple Inc.'s camera-equipped AirPods remain on track for a 2027 launch despite a leaked video suggesting an earlier release, according to people familiar with the matter. The earbuds, designed to ente…
Meta Platforms faces a federal trial in Oakland before Judge Yvonne Gonzalez Rogers over claims it addicted young users to Instagram and Facebook, with 29 state attorneys general seeking up to $1.4 tr…
Meta Platforms ran ads for Kromix, an AI image styler app that promoted the creation of nonconsensual intimate imagery of female US politicians, despite Meta's policies against sexual content. The ads…
Apple Inc. (NASDAQ: AAPL) shares rose 1.5% to $310.03 on Tuesday, outperforming the Invesco QQQ Trust (NASDAQ: QQQ), which fell 2%, after a Wall Street Journal analysis revealed that big tech companie…
Meta Platforms ran ads for Kromix, an AI tool that promised to create nonconsensual intimate imagery of female US politicians, despite Meta's policies against sexual content. The ads, targeted exclusi…
Tony Wu Yuhuai, the China-born co-founder of Elon Musk's AI lab xAI, now renamed SpaceXAI, reportedly spent US$70 million on a 12-acre estate in Hillsborough, California, the largest property deal in …
Wall Street's record-breaking earnings season, with U.S. annual profit growth hitting 50% at midyear and capital expenditure heading north of $1 trillion, masks persistent investor anxiety over the AI…
Anthropic's preliminary quarterly revenue surged 14-fold to $11.5 billion from $787 million a year ago, according to Bloomberg, as the AI lab prepares for an IPO in September or October with investors…
European Central Bank researchers warned on August 17 that a stock market correction is likely, drawing parallels to the dot-com bubble and highlighting €440 billion in euro-area household exposure to…
A European Central Bank blog post warns that a sharp correction in U.S. technology stocks is likely, leaving Europe exposed due to €440 billion in household holdings of the Magnificent Seven (Alphabet…
Alibaba Group Holding's open-weight Qwen AI models have surpassed 3 billion global downloads in the past six months, making them the world's most-downloaded AI models, according to a Hugging Face repo…
Investors are concerned about roughly US$70 billion in off-balance-sheet 'phantom liabilities' from AI companies' credit backstops, which could materialize during a downturn. Nvidia's US$500 billion f…
Altimeter Capital Management added a new position in Cerebras Systems worth approximately $2 billion and cut its Meta Platforms stake by 31%, shedding around 20,000 shares in early 2026, according to …
CoreWeave, a former bitcoin miner turned neocloud, reported Q2 2026 revenue of $2.58 billion, up 2.1X year-over-year, with a net loss of $626 million and $6.41 billion in cash, while amassing a $104.2…