South Korea's benchmark Kospi index fell as much as 7.6% to its lowest since April 20, led by a 11% plunge in SK Hynix Inc. and a more than 9% drop in Samsung Electronics Co., as deepening AI fatigue …
SK Hynix Inc. shares plunged 38% from their all-time high in June, erasing $470 billion in market value, as investors worry that rising memory costs will force AI customers to seek cheaper alternative…
OpenAI co-founder and president Greg Brockman addressed the recent hack against Hugging Face conducted by the company's own AI models and commented on job concerns stemming from AI during a media roun…
Bonds tied to a Meta Platforms Inc. data center project in Texas, sold by BlackRock Inc., rallied in early trading on Monday before formal pricing, signaling stronger demand than initially appeared fo…
Nvidia is in talks with OpenAI to help fund a $250 billion backstop for an AI data center in Ohio, the Wall Street Journal reported, raising investor concerns about circular investing in the AI landsc…
Wall Street enters its busiest week of the quarter as the AI trade faces a test, according to Carson Group chief macro strategist Sonu Varghese, who joined Josh Lipton on Market Domination Overtime to…
PJM Interconnection LLC, America's biggest power grid, plans to launch an emergency auction in September to address a nearly seven-gigawatt electricity shortage for the year beginning 2028, with costs…
SK Hynix Inc.'s American depositary receipts slumped as much as 10% to a low of $139.01, breaking below the $149 IPO price from July 9, as investors dump semiconductor stocks amid AI infrastructure sp…
Nvidia stock fell 4% on Monday, leading chip stocks lower amid renewed concerns about circular financing after reports that the company may backstop $250 billion in funding for OpenAI to lease computi…
OpenAI CEO Sam Altman will meet with Democratic Senator Mark Warner, the top Democrat on the Senate Intelligence Committee, this week in Washington, Warner's spokesperson said, following OpenAI's disc…
Four of the Magnificent Seven tech giants are set to report earnings this week, with investors focused on soaring AI spending as companies ramp up capital expenditures, according to Neuberger senior r…
Apple reclaimed the title of the world's most valuable public company from Nvidia on Monday, with shares rising over 1% to give Apple a market capitalization of roughly $4.94 trillion versus Nvidia's …
Brookfield Asset Management plans to invest up to US$9 billion in AI infrastructure as part of a partnership with Nvidia to expand a data centre in South Korea. Nvidia would invest US$1 billion into N…
Tech stocks rose Monday ahead of Big Tech earnings from Microsoft, Meta, Apple, and Amazon, with investors focused on capital expenditure numbers after Alphabet's guidance spooked concerns about free …
Wall Street awaits Big Tech earnings from Microsoft, Meta, Apple, Amazon, and Qualcomm this week, with investors questioning whether rising AI capital expenditures are squeezing margins and profitabil…
The cost of protecting Nvidia Corp.'s debt against default surged by the most on record Monday after reports that the chipmaker is in conversations on more than $750 billion of artificial intelligence…
Meta's stock may remain under pressure as analysts project capital expenditures could surge to $210-$215 billion in 2027 and $265 billion in 2028, according to Deutsche Bank analyst Benjamin Black. Th…
Microsoft, Meta, and Amazon are set to report earnings this week, and their AI capital expenditure increases could weigh on the S&P 500, which is already at record concentration with 10 stocks account…
Craveworthy Brands CEO and founder Gregg Majewski said AI robots should not have a place in the restaurant business, arguing against their adoption in the industry during a Yahoo Finance interview on …
Morgan Stanley head of digital asset strategy Amy Oldenburg said agentic AI trading will not be 'black and white,' offering a nuanced view of the technology's future in crypto markets.…