Blackstone CEO Stephen Schwarzman said the firm is 'mindful' of 'excessive exuberance' in AI as the company reported Q2 distributable earnings of $2 billion, or $1.52 per share, up 26% from a year ear…
IBM lowered its full-year sales outlook after falling short of second quarter earnings and revenue estimates, with the stock down nearly 30% year-to-date in 2026. Northwestern Mutual Wealth Management…
IBM is betting on a mainframe computing rebound in 2026 after a second-quarter sales warning sent its stock plunging, CFO Jim Kavanaugh told Yahoo Finance the company expects a record year for mainfra…
US stocks fell Thursday as Alphabet and Tesla shares dropped after both companies reported negative cash flow alongside massive AI investments, according to Northwestern Mutual Wealth Management Compa…
U.S. House lawmakers Ted Lieu (D-CA) and Nathaniel Moran (R-TX) introduced the AI Kill Switch Act, which would give the Department of Homeland Security authority to shut down AI models that pose risks…
Alberta secured Meta Platforms Inc.'s $13-billion, one-gigawatt AI data centre in Sturgeon County through deliberate policy work, while New York Governor Kathy Hochul signed a one-year moratorium on n…
AMD CEO Dr. Lisa Su delivered a keynote at the Advancing AI 2026 conference, unveiling new chips and platforms aimed at driving data center growth and outlining the company's AI vision for tech invest…
Dance music legend Crystal Waters told Yahoo Finance Executive Editor Brian Sozzi that the modern era of remote, AI-assisted music production can feel 'soulless,' even as TikTok introduced her 1991 hi…
Alphabet shares fell nearly 5% in premarket trading after the company reported Q2 capex of $44.9 billion and raised full-year capex guidance to $195-$205 billion, with a 'significant' increase expecte…
Elon Musk urged leading AI firms to conduct peer reviews of one another's most advanced models before releasing them, The Economist reported on Thursday, as concerns grow over rapid AI development and…
Infosys Ltd. cut the upper end of its sales growth outlook to 1.5%-3% for the fiscal year through March 2027, down from 1.5%-3.5%, as global clients slow technology spending amid elevated interest rat…
Blackstone Inc. reported a 26% jump in distributable earnings to $1.97 billion for the second quarter, beating analysts' estimates of $1.66 billion, driven by profits from exits and artificial intelli…
Alphabet's stock fell 3% in premarket trading after the company reported an earnings beat but raised its AI-linked capital expenditure estimates, with investments this year now set to top $200 billion…
Advanced Micro Devices is set to launch a raft of AI hardware on Thursday in San Francisco to challenge Nvidia, including its first-generation Helios server racks and Venice central processing unit fo…
Senator Elizabeth Warren accused major AI companies of lobbying the Trump administration to limit AI transparency rules in the U.S.-Mexico-Canada Agreement, arguing regulators need broader access to A…
DeepSeek founder Liang Wenfeng told investors the Chinese AI startup prioritizes artificial general intelligence over profit and will likely keep its top models open-source, Yicai reported. The compan…
US stock futures slipped on Thursday as investors weighed Alphabet and Tesla's capital expenditure outlooks for AI and widening Middle East attacks that pushed oil prices higher. Dow and S&P 500 futur…
STMicroelectronics NV plunged as much as 17% after forecasting third-quarter sales of $3.7 billion, below the $3.79 billion analyst estimate, despite a 119% year-to-date stock gain driven by AI data c…
AI will not trigger a collapse in employment, staffing company Adecco Group said in a study released Thursday, citing record employment rates and near-historic low unemployment among OECD countries th…
China should regulate quant funds and artificial intelligence usage, Shanghai Securities News reported, citing investors and experts after roundtables hosted by the China Securities Regulatory Commiss…