President Donald Trump on Monday defended the artificial intelligence data centre boom on Truth Social, warning that communities resisting new construction would end up 'backwards and poor,' but the p…
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…
Wolfe Research estimates Broadcom could generate up to $200 billion in AI revenue by 2028, driven by its involvement in XPV, an AI infrastructure financing vehicle with Apollo and Blackstone supportin…
Meta's stock surged 15% this week, its best since early 2024, after the company unveiled Meta Compute, a plan to sell AI computing capacity to external customers. The move aims to monetize Meta's mass…
The Federal Reserve warns that AI-driven demand for DRAM and NAND memory chips is pushing up core PCE inflation by 30 basis points, with May 2026 core PCE at 3.4% and headline PCE at 4.1%. Apple has r…
Palantir Technologies shares fell 25% in June, hitting a 52-week low of $106.37, as investors question the company's ability to withstand AI disruption. The stock is down 34-36% year-to-date, with Wol…