The Nasdaq 100 Index is on track to enter a correction, falling 1.6% on Tuesday and approaching a 10% drawdown from its peak in just 38 trading days, as investor worries about the payoff from artifici…
SpaceX shares fell 5% to $107.80, erasing more than $1.2 trillion in market value from a June 16 peak, as investors shunned riskier technology firms amid geopolitical volatility and AI spending concer…
Apple briefly became the second publicly traded company in history to hit a $5 trillion market cap on Tuesday, less than a year after topping $4 trillion in October 2025. The tech giant's stock is up …
Semiconductor stocks tumbled Tuesday, with the PHLX Semiconductor Index falling more than 5%, as investors unwound AI-driven positions amid concerns over circular financing, Chinese competition, and m…
Ford Motor Co. shares surged 44% in May on AI fever, and investors now want proof the rally is justified as the company prepares to report earnings. Morgan Stanley analyst Andrew Percoco said the mark…
The U.S. goods trade deficit narrowed 4.2% to $101.5 billion in June, the Commerce Department's Census Bureau reported, missing economists' forecast of $100.0 billion. Goods imports fell $8.2 billion …
Bell Canada is launching an AI-powered tool to detect and flag spoofed phone calls, adding protection against caller ID spoofing fraud. The feature, rolling out automatically to customers across Bell,…
Wall Street banks are emerging as overlooked beneficiaries of the AI trade, with a Bloomberg index of the five biggest lenders—Bank of America Corp., Citigroup Inc., Goldman Sachs Group Inc., JPMorgan…
Meta will report Q2 earnings after the bell Wednesday as Wall Street scrutinizes CEO Mark Zuckerberg's capital expenditure plans, with the company on track to spend upwards of $145 billion this year, …
Microsoft will report its fourth quarter earnings after the bell on Wednesday as investors question the company's AI spending and look for signs of strong returns on its massive investments. The compa…
Tesla Inc. struck a long-term deal to buy 90% of the output from Project Sterling, a KKR & Co.-backed solar and battery facility in Arizona, developer ContourGlobal said. The 509-megawatt solar and 36…
Meta Platforms Inc. and BlackRock Inc. will jointly build and operate a $14 billion, 1-gigawatt data center complex in El Paso, Texas, with Meta as the initial sole tenant when it goes online in 2028.…
Fitch Ratings warned that the AI boom and the risk of a correction are emerging as major global credit risks, with the U.S. S&P 500's cyclically adjusted price-to-earnings ratio climbing to levels clo…
Companies including Commonwealth Bank of Australia, Microsoft Corp., Uber Technologies Inc., and Hyatt Hotels Corp. are using AI-powered chat and phone systems to replace customer service workers, wit…
Crypto traders are migrating from memecoins to AI and semiconductor stocks, bringing their 24/7 playbook of momentum trading, anonymous X accounts, and round-the-clock leverage. Contracts tracking SK …
Satellite imagery shows damage to two Amazon.com Inc. data centers in Bahrain, supporting Iran's claims that it struck the sites with missiles, according to Bloomberg News analysis of European Space A…
US tech stocks fell before the bell Tuesday as a sell-off in Korean memory makers deepened, with Nasdaq-100 futures sliding 0.9% and S&P 500 futures dropping 0.2%, while Dow futures edged up 0.1%. Sou…
China's regional growth data for the first half of 2026 showed a widening gap between high-tech manufacturing hubs and traditional-industry provinces, as national GDP growth eased to 4.7% from 5.0% in…
Chinese robot maker DexForce Technology Co. is considering an initial public offering in Hong Kong that could raise a few hundred million dollars, according to people familiar with the matter. The She…
Anthropic CEO Dario Amodei rejected claims that the company supports a ban on open-weight AI models but called for mandatory safety testing of all models before release and policy interventions to slo…