DeepSeek is developing a custom AI chip to bypass U.S. export restrictions and reduce its reliance on Nvidia, according to Yahoo Finance's Dan Howley. The move aims to secure supply amid geopolitical …
Anthropic expanded its Claude Cowork agentic AI platform to mobile devices, shifting its narrative to focus on eliminating busywork rather than replacing human workers, as the company prepares for an …
China is considering restricting overseas access to its advanced AI models, including unreleased systems and some open-weight releases, according to a Reuters report. The Ministry of Commerce has held…
Samsung Electronics reported a 19-fold year-over-year jump in preliminary April-June operating profit to about $58 billion, but AI-linked chip stocks sold off on July 7, 2026, with Samsung shares fall…
Samsung Electronics reported a 19-fold jump in quarterly profit, but its stock fell up to 10% as investors took profits from the AI-fueled rally, dragging down other chip stocks like Micron, Sandisk, …
Zynga founder Mark Pincus said AI's public perception problem is 'not supported by the facts,' arguing that misconceptions about artificial intelligence are widespread. Pincus made the comments in a Y…
Nissan CEO Ivan Espinosa announced the return of the Xterra SUV, using AI to analyze market demand for a rugged, V6-powered vehicle. The new Xterra, launching in late 2028, will be built in the US and…
Argus maintained a Buy rating on Alphabet on June 23, 2026, with a $440 price objective, reinforcing investor confidence in Alphabet's AI, cloud, and compute-infrastructure spending. The analyst note …
Goldman Sachs researchers warn that college graduates could be the first to feel AI's impact on the job market, as adoption accelerates in white-collar industries like finance and professional service…
Neon acquired the Luca Guadagnino-directed biopic 'Artificial' about OpenAI CEO Sam Altman after Amazon MGM dropped the film. The film's subject matter could influence OpenAI's IPO expectations.…
Bianco Research president Jim Bianco warned that AI adoption poses an existential threat to software giants Salesforce and Microsoft, comparing the disruption to the iPhone's impact on the mobile indu…
Yahoo Finance Executive Editor Brian Sozzi discussed the AI 'bubble' and tech trade with Slatestone Wealth Chief Market Strategist Kenny Polcari and Bianco Research President Jim Bianco, examining the…
US employers announced nearly 46,000 job cuts in June, down from 48,000 a year earlier, with artificial intelligence remaining the leading reason for layoffs, according to Challenger, Gray & Christmas…
Palantir stock has crashed 35% this year and fallen 45% from its 52-week high, despite strong first-quarter revenue of $1.63 billion. Analysts like Wedbush's Dan Ives argue the sell-off is overdone, c…
Nvidia stock has underperformed the S&P 500 for six straight trading days, the longest stretch since September 2025, driven by institutional rotation out of AI hardware stocks and concerns over Big Te…
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…