U.S. chip stocks rallied Monday but Asian shares fell Tuesday as concerns about the sustainability of AI-driven demand weighed on Samsung and SK Hynix, dragging South Korea's KOSPI down 5%. Samsung's …
Scotiabank, Sun Life, Telus, and AI consultant Lightworks launched a consortium to jointly develop and share AI infrastructure, aiming to deploy the technology faster, more safely, and at lower cost. …
Chinese authorities have held meetings with top tech firms including Alibaba, ByteDance, and Z.ai to discuss restricting overseas access to China's most advanced AI models, citing national security co…
Deutsche Bank analyst Jim Reid said artificial intelligence will likely enhance productivity significantly, but any economic impact may be years away. Reid expressed excitement about AI's potential an…
Statistics Canada data shows accounting services prices rose 1.1% in 2025, below the 2.1% CPI increase, but tax preparation for individuals surged 45% since 2010. A Fraser Institute study found 63% of…
Chile's state-owned Codelco, the world's largest copper producer, faces $25 billion in debt, lowest output in 28 years, and multiple scandals including a fatal accident and inflated production figures…
NYSE president Lynn Martin expressed optimism about the stock market and economy, citing strength across all sectors and a surge in IPO activity as companies like Anthropic, OpenAI, and SpaceX prepare…
Asian shares retreated Tuesday, with South Korea's Kospi slumping nearly 5% despite a rebound for AI stocks on Wall Street, as Samsung Electronics shares fell 7.7% even after reporting a 19-fold surge…
Asian markets fell sharply on Tuesday, with South Korea's Kospi dropping 7.6%, despite a rebound in AI stocks that lifted the S&P 500 to near a record. Samsung Electronics and SK Hynix slumped 8.7% ev…
LinkedIn is increasingly filled with AI-generated content, making it harder for job seekers to distinguish authentic posts from automated ones, but career coaches say the platform remains valuable for…
Samsung Electronics Co. reported a 19-fold surge in quarterly profit, beating elevated expectations, driven by runaway demand for memory chips used in AI data centers. The world's largest memory maker…
US stock futures rose about 0.1% on Tuesday after the Dow hit a record high, driven by renewed faith in AI trade following June's chip stock sell-off. Investors await earnings from Samsung Electronics…
Syntiant Corp., an Intel-backed maker of AI chips and software, filed for an IPO on Monday. The Irvine, California-based company reported a net loss of $26.2 million on revenue of $64.5 million for th…
Nissan CEO Ivan Espinosa announced the return of the Xterra SUV, using AI to analyze market demand for a rugged, V6-powered vehicle. The new Xterra, launching in late 2028, will be built in the US and…
Goldman Sachs researchers warn that college graduates could be the first to feel AI's impact on the job market, as adoption accelerates in white-collar industries like finance and professional service…
Meta plans to rent out its excess AI computing capacity, joining Amazon and Microsoft in the cloud computing market, according to Bloomberg. The move allows Meta to monetize its AI infrastructure inve…
The Trump administration lifted export controls on Anthropic's AI models, enabling the company to restore access to Claude Fable 5 and Mythos 5. The decision marks a shift in US AI policy and benefits…
Neon acquired the Luca Guadagnino-directed biopic 'Artificial' about OpenAI CEO Sam Altman after Amazon MGM dropped the film. The film's subject matter could influence OpenAI's IPO expectations.…
Wedbush analyst Dan Ives initiated coverage of SpaceX with an Outperform rating and $190 price target, citing the company's three-way bet on launch, connectivity, and artificial intelligence. Ives hig…
Bianco Research president Jim Bianco warned that AI adoption poses an existential threat to software giants Salesforce and Microsoft, comparing the disruption to the iPhone's impact on the mobile indu…