Alphabet joined the Dow Jones Industrial Average on June 29, with its stock rising about 4% on the debut, making it the sixth-largest weight in the index at roughly 4%. Despite the symbolic milestone,…
Hong Kong's merchandise exports surged 40.8% year-on-year to HK$611.2 billion in May, driven by global AI adoption, according to the Census and Statistics Department. The trade deficit widened to HK$4…
Alphabet executed an $85 billion share sale and SpaceX completed a record $75 billion IPO, with aggregated AI capex estimates rising into the hundreds of billions for 2026. SpaceX bond paper losses wi…
Broadcom CEO Hock Tan said at the Bloomberg Tech conference that the company is prioritizing organic growth in AI over acquisitions, citing surging AI revenue. Broadcom expects its AI business could e…
Wall Street analysts say the AI-driven stock market rally is not a bubble about to pop, despite surging costs and lofty valuations. Micron's blockbuster earnings reassured investors that AI spending r…
Emerging market ETFs are increasingly tied to the AI chip trade as South Korea and Taiwan funds surpass China-focused funds in assets, pulling investors into the same global semiconductor cycle drivin…
Investor Michael Burry purchased long-dated call options on Microsoft, buying December 2028 LEAPs with strikes in the low $700s. Microsoft shares rose about 1% in pre-market trading after the disclosu…
NVIDIA Corporation appears on lists of brain-computer interface stocks, but has underperformed in 2026 with a 12% year-to-date gain versus the VanEck Semiconductor ETF's 85% rise. The B200 compute pri…
Chuangxinzhong, a precision marketing subsidiary of Yeahka, became the top-ranked agency-tier partner of ByteDance's Jichuang 2.0 model by model consumption. The company reported a 116% year-on-year i…
UBS initiated coverage of Veritone Inc with a Neutral rating and a $2.50 price target, citing the company's Veritone Data Refinery as a key growth driver in a training-data market expected to expand f…
Cloudastructure (Nasdaq: CSAI) signed a Master Services Agreement with a national retail REIT to deploy cloud-managed AI video surveillance and remote guarding at three California shopping centers, wi…
Minneapolis Federal Reserve president Neel Kashkari said Friday he has penciled in one interest rate hike by the end of the year, citing AI infrastructure build-out and inflation risks from the Iran c…
Onsemi acquires Synaptics in a $7 billion all-stock deal, offering a 19% premium. The merger combines Onsemi's power-management and sensing chips with Synaptics' edge AI and connectivity solutions to …
Supermicro unveiled a Data Center Building Block Solutions Blueprint for the NVIDIA Vera Rubin NVL4 platform at ISC 2026, supporting up to 1,152 NVIDIA Rubin GPUs and 576 NVIDIA Vera CPUs in liquid-co…
Fortinet paid $15 million for two Sunnyvale properties, completing a land assembly that could enable a major expansion of its headquarters. The cybersecurity company has spent $623.9 million on Bay Ar…
BitGo cut approximately 15% of its workforce, affecting 85-90 roles, to refocus on security, trading, stablecoins, settlement, and AI-powered infrastructure, CEO Mike Belshe announced. The layoffs com…
Billionaire Mark Cuban urged AI companies and data center operators to win public support by directly engaging with artists, writers, and workers, rather than hiring celebrity spokespeople. In a lengt…
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…
Google launched an overhauled Google Finance app with AI-powered portfolio tracking, allowing users to upload investment data or describe holdings to a chatbot. The company, which already monetizes us…
Qualcomm unveiled a line of AI data center components and servers at its investor day, nearly doubling its fiscal 2029 non-handset revenue projection to $40 billion as it pivots from a smartphone chip…