Tradeweb CEO Billy Hult told Yahoo Finance that AI agents are revolutionizing Wall Street bond trading, while Pacsun CEO Brieane Olson explained how community co-creation and viral TikToks fueled the …
Oil prices slipped and Asian shares traded mostly lower Wednesday, with South Korea's Kospi extending losses after falling more than 16% over the past two days, as investors sold chipmaker stocks amid…
Samsung Electronics reported a record operating profit of 89.5 trillion won ($62 billion) for the April-June period, a more than 19-fold increase from a year earlier, driven by surging demand for AI m…
Samsung Electronics Co.'s semiconductor arm reported a more than 250-fold jump in operating profit to 89.2 trillion won ($62 billion) in the June quarter, driven by AI-driven demand for memory chips. …
Microsoft CEO Satya Nadella said the company added 31 new data centers across five continents this year, bringing its global total to 88, as it doubles down on AI. CFO Amy Hood explained that Microsof…
Federal Reserve Chair Kevin Warsh announced the Fed's 9–3 decision to maintain interest rates at 3.5%–3.75%, emphasizing a strict 2% inflation target and highlighting strong economic resilience driven…
Core Scientific and AMD have announced a 15-year, $14 billion infrastructure partnership, which analyst Scott Melker says underscores that AI infrastructure is proving more lucrative than bitcoin mini…
OpenAI CEO Sam Altman told reporters in Washington that he discussed the company's upcoming AI model with US lawmakers and expressed support for Congress to pass AI cybersecurity guardrail legislation…
Bernstein managing director Stacy Rasgon and Lopez Research founder Maribel Lopez commented on Qualcomm's position in the AI data center market, with Rasgon suggesting the company could capture a 'tin…
Qualcomm is expected to report Q3 earnings per share of $2.21 on revenue of $9.6 billion, down from $2.77 and $10.3 billion a year ago, as the global memory shortage and AI build-out pressure smartpho…
Yahoo Finance host Kenny Polcari, Robinhood CIO Stephanie Guild, and Payne Capital Management President Ryan Payne argue that the AI trade remains viable and advise investors to reduce spending risk b…
Meta CEO Mark Zuckerberg has launched a media campaign defending artificial intelligence, telling the New York Times that AI discourse is 'overwhelmingly filled with doom.' Yahoo Finance reports that …
Vertiv Holdings stock fell Wednesday after the company missed second-quarter earnings estimates, despite raising its full-year guidance. The company is a key player in AI data center infrastructure, a…
The cost of protecting tech firms' debt against default is surging as Wall Street picks winners and losers in the AI race, with Oracle Corp.'s credit-default swaps reaching a multi-year high of 215 ba…
SK Hynix shares fell after the company said it expects capital expenditures to surge 50% this year to at least $31 billion, highlighting a broader rout in semiconductor stocks. All stocks in the Phila…
Meta stock has declined for nine straight days, its longest losing streak ever, ahead of its second-quarter earnings report after the close. Investors are selling amid concerns over Meta's capital exp…
Amazon is set to report Q2 earnings on Thursday, with Wall Street focused on AWS growth amid heavy AI spending. Analysts project AWS revenue of $40.5 billion, up 31% year over year, as investors weigh…
NextEra Energy Inc. and Brookfield are partnering on a more than $100 billion transformation of a shuttered Cold War uranium-enrichment facility in Paducah, Kentucky, into a data center campus with a …
AI data centers are straining an aging U.S. power grid, according to a Yahoo Finance panel featuring host Kenny Polcari, Robinhood CIO Stephanie Guild, and Payne Capital Management President Ryan Payn…
AI server maker Quanta Computer Inc. is seeking to raise up to $2.19 billion from a sale of global depositary shares, in what would be the largest Taiwanese stock offering in 19 years. The Nvidia Corp…