Microsoft Surges, Meta Sinks As Investors Demand Returns From AI Spending

Wall Street is beginning to reward companies that are successfully converting AI investments into measurable returns and ...

The Debate About The Cost Of Ai Has Taken Centerstage. OpenAI is Cutting The Price Of Two Models

OpenAI is cutting prices for two of its models as the debate over the technology's costs takes centerstage. AFP OpenAI is ...

An unidentified large investment firm has reached an agreement to purchase the fund's publicly traded assets.

Several of Situational Awareness' prime brokers, including Bank of America, Goldman Sachs, and JPMorgan Chase, have been ...

In many cases, the immediate aftermath brought additional weakness before the market eventually staged a meaningful recovery.

Historical data shows that the Dow Jones Industrial Average typically sees little change the day after a 1,000-point selloff, ...

Amazon’s Robotaxis Have Been Approved For Use. Zoox Will Now Begin Charging For Rides

Amazon's autonomous robotaxis can begin charging people for rides after gaining a series of approvals from the National ...

Samsung Says The AI Chip Boom Isn’t Slowing. It Expects Supply To Stay Tight Until 2028

Samsung's latest results suggest the global race to build AI infrastructure is creating a longer-lasting memory shortage than ...

South Korea Revives Its Crypto Tax Plan. Parliament Will Decide Whether It Survives

South Korea is once again preparing to tax cryptocurrency profits, setting up another political battle over investor ...

Robinhood’s Prediction Market Had a Record Quarter. Its Stock Is Dropping Anyway After Its Earnings

Robinhood's stock is falling on Thursday even though the company reported rapid growth in its prediction market area.

OpenAI Veteran’s Hedge Fund Implodes After Wall Street Banks Reduce AI Bet Exposure

Former OpenAI researcher Leopold Aschenbrenner's hedge fund, Situational Awareness, unwinds after steep losses and greater demands for collateral from Goldman Sachs and JPMorgan Chase.

The U.S. And Iran Continue Trading Strikes. Oil Is Dropping Anyway

Oil is dropping on Thursday despite continued hostilities between the U.S. and Iran. Oil is dropping on Thursday following ...

Microsoft’s Massive AI Spending Is Paying Off. Its Stock Is Soaring

Microsoft's stock is jumping after the company reported quarterly results that showed its Azure cloud business accelerating ...

Microsoft Is Soaring After Its Earnings And There Is Renewed Appetite For Chipmakers. Stocks Are Rebounding

Stocks are rebounding on Thursday, fueled by Microsoft's gains and renewed appetite for semiconductors. The tech-heavy Nasdaq ...