Selena Gomez Accused of Fraud by Mental-Health Startup Investors
(Bloomberg) — Pop star Selena Gomez is being accused of fraud by investors who claim she failed to…
Ceramic Case Could Return With Apple Watch Series 12
Apple is planning to reintroduce its striking ceramic Apple Watch casing as soon as this year, Bloomberg’s Mark…
SK Hynix’s Record Profit Misses Investors’ Lofty AI Expectations
(Bloomberg) — SK Hynix Inc.’s (SKHY) quarterly profit rose a smaller-than expected 557%, adding to heightened fears that…
SpaceX at $100 could mean investors see zero value in its AI
The selloff in SpaceX shares has driven the stock near a level that would imply investors are assigning…
SpaceX at $100 Would Imply Zero AI Value, Morgan Stanley Says
(Bloomberg) — The selloff in SpaceX shares has driven the stock near a level that would imply investors…
Report: OnePlus to Pull Out of US and Europe
OnePlus is exiting the U.S. and European smartphone markets as part of a broader restructuring at parent company…
OpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI Companion
(Bloomberg) — OpenAI’s (OPAI.PVT) much-anticipated push into consumer devices is slated to begin with a mobile, screen-free smart…
Nvidia Supplier Hon Hai Reports Surging Sales on Solid AI Demand
(Bloomberg) — Nvidia Corp.’s server assembly partner Hon Hai Precision Industry Co. reported a stronger-than-expected increase in quarterly…
It Quietly Exited Bitcoin Mining Last Year — Now This AI Supplier To Meta Is Chasing A $30 Billion Valuation
Crusoe is reportedly negotiating to raise $3 billion, aiming for a $30 billion valuation, up from $10 billion…
The AI Trade Is Losing One of Its Key Signals
(Bloomberg) — At a time when markets are growing uneasy over whether the enormous sums being poured into…
AI Demand Begins to Justify Massive Cost of Data-Center Buildout
(Bloomberg) — Revenue from artificial intelligence has reached a tipping point, showing that the hundreds of billions of…
SpaceX valuation hinges on uncertain AI economics, says Professor Aswath Damodaran
After Elon Musk’s SpaceX completed its market debut, veteran valuation expert Aswath Damodaran has warned that the company’s…