JPMorgan Chase reported a record quarterly profit of $21.2 billion for the second quarter, the highest ever for a US bank, driven by a 28% revenue increase to $57 billion and a $4.6 billion gain from …
Global chip stocks have lost roughly $2.7 trillion in market value since the PHLX Semiconductor Index peaked on June 22, but Wall Street still expects Micron, Nvidia, and the rest of the industry to g…
Ollama CEO Jeffrey Morgan told Yahoo Finance that Fortune 500 companies are adopting open-source AI models for cost savings, data control, and secure localized deployment, highlighting a shift away fr…
Hyperscalers are turning to the bond market to finance massive AI capital expenditures, according to Bloomberg Intelligence Senior Technology Credit Analyst Robert Schiffman. The trend highlights how …
FifthVantage founder and CEO Matt Domo outlines three key considerations for business owners adopting AI, emphasizing strategic integration into workflows and homes. The advice targets new AI users na…
University of Georgia professor emeritus Brenda Cude presented findings from a study on generative AI models' personal finance advice, questioning whether investors should rely on such tools for finan…
OpenAI has lost another high-level executive as the company prepares for its IPO, adding to a series of recent leadership departures including Kevin Weil, Bill Peebles, and Srinivas Narayanan. The ins…
Apple is suing OpenAI for theft of trade secrets, according to a report from Yahoo Finance. The lawsuit, filed by Apple against the private AI company, alleges misappropriation of confidential informa…
Meta's new Muse AI tool generates images using public users' likenesses on Instagram, raising privacy concerns. Yahoo Finance Tech Editor Dan Howley explains how users can manage their privacy setting…
OpenAI Product and Business Chief Fidji Simo stepped down from her role due to ongoing medical issues, Yahoo Finance reported. The departure comes as the company prepares for an anticipated initial pu…
PC shipments are declining as surging demand for AI applications drives up memory prices, forcing major tech companies like Dell, Apple, and Microsoft to raise laptop prices, according to Yahoo Financ…
AI-related free cash flow is shifting from Big Tech hyperscalers to chipmakers, according to Yahoo Finance Markets and Data Editor Jared Blikre. The trend highlights a divergence in AI investment retu…
Empery Digital Inc. sold 1,400 Bitcoin for $87.1 million since May 7, reducing its BTC treasury by nearly half. The firm used $10 million to repay debt, allocated funds for a $65 million AI data cente…
NTT Global Data Centers CEO Doug Adams said the biggest constraint in AI data center builds is not just energy or capital, but other factors as data centers expand power utilization, in a Yahoo Financ…
The 10 best-performing Nasdaq-100 stocks from March to June, mostly AI hardware companies like Sandisk, Astera Labs, and Micron, have fallen about 12% since June 25, while the index has moved sideways…
Palo Alto Networks CEO Nikesh Arora called for AI token prices to drop by 80% within a year and 90% the following year, citing high costs as a barrier to enterprise adoption of agentic and large-conte…
LDBD developer fixed three stacked bugs that limited candlestick charts to two years of data, replaced a dead notifications tab with an Explore tab, and added a build guard to catch dead links, after …
Elon Musk called Anthropic the current AI leader, reversing his earlier criticism, while Anthropic's May update revealed its SpaceX deal adds over 300 megawatts and 220,000 Nvidia GPUs of capacity. Th…
Nvidia's stock valuation has fallen to its lowest level since 2019, but Hennion & Walsh CIO Kevin Mahn remains bearish on the company, citing concerns about its long-term prospects despite the AI boom…
Amazon returned to the US bond market seeking at least $25 billion to fund AI spending, with initial orders peaking near $62 billion before settling near 1.6 times the deal size. The multi-tranche off…