Yahoo Finance Executive Editor Brian Sozzi discussed the AI 'bubble' and tech trade with Slatestone Wealth Chief Market Strategist Kenny Polcari and Bianco Research President Jim Bianco, examining the…
Meta will reportedly launch a cloud computing business to sell excess AI computing capacity to third-party customers, diversifying revenue beyond advertising. The news sent Meta stock up over 7% as in…
Bank of America strategists warned that AI stock concentration has reached levels seen before previous market bubbles, with the 'AI Big 10' now comprising 41% of the S&P 500, similar to tech and telec…
Sony Group Corp. will end production of physical discs for PlayStation consoles in January 2028, shifting to a digital-only distribution model. The move makes Sony the first major console maker to aba…
US President Donald Trump said progress was made in indirect talks with Iran, as technical discussions in Qatar continued between envoys Jared Kushner and Steve Witkoff. The talks aim to convert an in…
AI startup Oxmiq raised $35 million to develop chip architecture and software that combines graphics chips, central processors, and tensor engines into a single design, aiming to lower the cost of bui…
Meta Platforms is building a cloud business to sell excess AI computing capacity, according to a Bloomberg News report. Shares of the company rose over 6% in premarket trading following the news.…
Big Tech's first half saw hardware stocks surge while software stocks struggled, with Micron rising 308%, Intel 280%, and AMD 173%, as Meta fell 15% and Microsoft 23%. Wall Street remains bullish on A…
Raymond James Investment Management chief market strategist Matt Orton named Taiwan Semiconductor Manufacturing Company (TSM) and Credo Technology (CRDO) as top tech stock picks, calling TSMC AI's 'qu…
Duckhorn Portfolio CEO Robert Hanson said AI plays three key roles in the wine industry, including vineyard management, production optimization, and customer insights, with potential for further expan…
US employers announced nearly 46,000 job cuts in June, down from 48,000 a year earlier, with artificial intelligence remaining the leading reason for layoffs, according to Challenger, Gray & Christmas…
Employers adopting AI face two major legal risks: waiving solicitor-client privilege by sharing confidential information with AI platforms, and having AI prompts and outputs become discoverable eviden…
The UN's Independent International Scientific Panel on Artificial Intelligence warned that AI developments are outpacing scientific understanding and government policy, making catastrophic harm possib…
A $10,000 investment in the Philadelphia Semiconductor Index on Jan. 2, 2026, would have grown to $19,546.72 by the end of Q2, driven by AI demand, while the S&P 500 returned 9% and bitcoin lost over …
Wall Street's increasing reliance on artificial intelligence for trading is raising concerns about crowded trades and market instability. Researchers find that AI adoption leads to more similar portfo…
Alphabet's market capitalization surged by $2 trillion to $4.3 trillion, making it the second-most valuable company globally, driven by investor confidence in its AI capabilities. However, the stock h…
European Technology Commissioner Henna Virkkunen and Apple CEO Tim Cook held a constructive video call on Monday, discussing topics of mutual interest, a Commission spokesperson said Wednesday. The ca…
The Bank of Japan's quarterly tankan survey showed business sentiment among major manufacturers improved for a fifth straight quarter, with the diffusion index rising to 22 from 17. Large non-manufact…
A new subsea cable for Amazon Web Services in County Cork highlights Ireland's AI ambitions but exposes its weak defenses, as the neutral state with minimal military spending struggles to protect crit…
Asia's manufacturing sector expanded in June driven by global AI demand, offsetting economic drag from the Iran war, with China, Japan, and South Korea reporting growth in factory activity due to robu…