Nvidia stock (NVDA) rose about 3% to $223 in early trading Wednesday after six major investment firms—Apollo Global Management, BlackRock, Blackstone, Brookfield Asset Management, Goldman Sachs, and K…
Chinese memory chipmaker CXMT's Shanghai debut, which surged 466% to 3.3 trillion yuan (£365bn), and reports of domestic deep-ultraviolet lithography tools triggered a global AI stock rout, with South…
Investors sold off $1.3 trillion from the 20 most valuable chip stocks over the past week, led by Nvidia's $238 billion loss, according to CNBC analysis. Morningstar Chief Equity Strategist Michael Fi…
Apple CEO Tim Cook will preside over his final earnings call on Thursday as John Ternus prepares to take over on September 1, with analysts focused on the company's AI strategy and iPhone 18 pricing a…
Micron Technology CEO Sanjay Mehrotra sold $37.3 million worth of MU stock on July 24, days before South Korea's KOSPI index crashed nearly 11% on July 28, triggering a broad semiconductor sell-off. T…
Apple crossed the $5 trillion market capitalization threshold on Tuesday, becoming only the second company ever to do so, as a broad sell-off in AI and semiconductor stocks sent investors fleeing towa…
A sharp sell-off in artificial intelligence stocks pushed South Korea's benchmark Kospi index to a three-month low on Tuesday, as Samsung Electronics and SK Hynix each plunged more than 10%. The decli…
A sell-off in AI stocks intensified on Tuesday, driving South Korea's Kospi index to its lowest level since mid-April, as investors dumped chip stocks amid concerns over AI companies' borrowing for da…
AI-focused exchange-traded funds (ETFs) have grown into a $65 billion market, according to data from Morningstar. The surge reflects investor enthusiasm for artificial intelligence companies and techn…
Brandon Nelson, manager of the Calamos Timpani Small Cap Growth Fund (CTSIX), which has outperformed 99% of similar funds over three years, said he is not ready to sell AI infrastructure stocks despit…
Tesla and Alphabet shares plunged on Thursday after both companies unveiled massive capital expenditure plans for AI projects, with Tesla stock falling 15% and Alphabet dropping 8%. Tesla raised its 2…
IAsk.ai, an AI search engine for students and researchers, has surpassed 750 million searches, according to a Morningstar report citing Accesswire. The platform claims 67% better performance than othe…
Meta Platforms faces uncertainty over AI return on invested capital as it plans to spend between $125 billion and $145 billion on capital expenditures in 2026, mostly on AI infrastructure, echoing its…
Anthropic and OpenAI are extending free access to their most powerful AI models in a price war for power users. Anthropic extended promotional access to its Claude Fable 5 model through July 19 with h…
SpaceX stock fell nearly 7% on Tuesday, closing below $150 for the first time since its IPO, despite a flood of bullish analyst initiations. Analysts set an average price target of $236.45, but the co…
SK Hynix, a South Korean memory-chip maker and key Nvidia supplier, is set to begin trading on the Nasdaq this Friday, aiming to raise approximately $28 billion in what could be one of the largest tec…
Samsung Electronics and SK Hynix pledged 3,200 trillion won ($2.07 trillion) in investments to expand South Korea's memory chip production capacity, betting on sustained AI demand. The plan, supported…
Microsoft launched new Copilot finance tools in Excel for Microsoft 365 users, including specialized skills for automating financial workflows, expanded data connectors from providers like FactSet and…
A developer open-sourced a Python library called Finance Toolkit to address discrepancies in P/E ratios across financial data providers. The library documents formulas for over 200 metrics, offering t…
Public.com integrated its Model Context Protocol server with ChatGPT, enabling users to analyze portfolios, research stocks, and execute trades across stocks, options, crypto, and bonds through natura…