Wall Street strategists see Big Tech's AI spending starting to pay off, with JPMorgan raising its S&P 500 price target to 8,000 from 7,800, citing strong cloud demand. Microsoft's Azure surpassed $100…
Wall Street's record-setting rally, fueled by Big Tech's massive AI investments, faces a key risk from rising interest rates, which reduce the present value of future profits and pressure high-multipl…
Global bond markets face a greater threat from rising rates outside the U.S. than from the Federal Reserve, with traders pricing in about 400 basis points of rate hikes across seven major markets over…
The AI trade suffered a sharp valuation compression, with tech's forward price-to-earnings ratio falling about 30% from a year earlier at its July low, a drop comparable to the dot-com bust and financ…
The S&P 500 rose 0.4% and the Nasdaq gained 0.6% last week, while the Dow fell 0.6%, as investors look ahead to earnings from Walmart, Alibaba, Ross Stores, Deere & Company, and BJ's Wholesale Club, a…
Investors are increasingly concerned about roughly $70 billion in off-balance-sheet liabilities tied to AI companies, which could materialize during a downturn, according to Bloomberg. Nvidia Corp.'s …
Jim Cramer revealed six AI stocks to watch in 2026, according to a Yahoo Finance report. The list includes companies poised to benefit from artificial intelligence advancements, though specific ticker…
Personal finance expert Suze Orman warns that artificial intelligence could force workers out of their jobs before age 65, and retiring early costs individuals each year in lost income and benefits. O…
A new wave of AI-generated wealth is poised to enter philanthropy, but the current giving infrastructure, particularly donor-advised funds (DAFs), is failing to translate intentions into action, accor…
Hut 8 CEO Asher Genoot said AI compute is 'critical infrastructure' akin to railroads and steel, projecting $1.75 billion in annual net operating income as new data centers come online.…
Reddit Inc. (RDDT) is set to join the S&P 500 next week, prompting a double-digit stock surge, but the company still derives over 90% of its revenue from advertising and faces an internal debate over …
Alibaba Group Holding's open-weight Qwen models surpassed 3 billion global downloads in the past six months, making it the world's most-downloaded AI model family, according to a Hugging Face Inc. rep…
Veeva Systems Inc. (VEEV) is leveraging its AI platform to support Eli Lilly and Company (LLY)'s explosive growth, with Veeva's AI tools designed to streamline clinical trials and commercial operation…
Anthropic PBC reported preliminary second-quarter revenue of more than $11.5 billion, a 14-fold increase from $787 million in the same period a year earlier, according to documents seen by Bloomberg N…
Clear Street Managing Director Owen Lau compared Databricks to Android as an open-source alternative to Snowflake, highlighting margin pressures and ROI debates around Databricks' serverless AI model …
OpenAI revenue chief Denise Dresser announced her departure on Thursday, joining a wave of senior leaders who have left the company since January 2024. PitchBook data shows 25 executives have departed…
Nvidia Corp. CEO Jensen Huang announced a $500 billion initiative with Goldman Sachs Group Inc., Blackstone Inc., Apollo Global Management Inc., KKR & Co., BlackRock Inc., and Brookfield to finance AI…
MIT researchers found that AI chatbots give women more conservative financial advice, costing them $60,000 by age 60. The study, conducted by researchers at the Massachusetts Institute of Technology, …
Yahoo Finance Markets and Data Editor Jared Blikre reported that AI demand and adoption are fueling a travel booking stock boom, with shares of Trivago (TRVG), Airbnb (ABNB), Expedia (EXPE), Delta Air…
SanDisk shares jumped 5% after the company announced multi-year hyperscaler contracts, signaling a shift away from volatile memory cycles, as Yahoo Finance's Julie Hyman analyzed via Yahoo Finance's A…