US Economy at Risk of Weakening With Growing Gap Between Rich and Poor
The surprising resilience of the US economy this year is masking underlying weakness among low- and middle-income households,…
WBD’s David Zaslav Says “We Have An Active Process Underway” As Suitors Circle
In Warner Bros. Discovery’s first public outing since Paramount started lobbing offers as the company pursues both a…
Snap stock surges 13% after announcing Perplexity deal
Scott Olson | Getty Images Snap stock surged 13% on Thursday after announcing a $400 million deal with…
Amazon’s (AMZN) $300 Billion Jump Puts Stock Back in AI Conversation
Amazon.com Inc. shares have been dogged for most of the year by concerns the company’s cloud-computing business was…
AI Is Eating All the Earnings
For investors, a concentrated portfolio of equity-market winners tends to work just fine — until it doesn’t. At…
AI Bubble Has Sucked in Legrand, Schneider, Siemens and ABB
If artificial intelligence is indeed a bubble, it’s been inflating a lot of companies in places well beyond…
Snap Shares Soar On $400 Million Perplexity AI Deal
Snap saw its stock surge 25% after market close as it announced a partnership with Perplexity to integrate…
Arm Gives Bullish Forecast, Pointing Toward AI Demand Surge
Arm Holdings Plc, which provides the most widely used technology in computing processors, gave a bullish revenue forecast,…
Meta Spending Spree Recalls Metaverse Debacle That Crushed Stock
The huge checks Meta Platforms Inc. is writing to support its artificial intelligence ambitions are reminding some investors…
Global Chip Selloff Erases $500 Billion in Value as Fears Mount
The global selloff in semiconductor stocks accelerated on concern over lofty valuations for some of the artificial intelligence…
AMD’s Outlook Fails to Wow Investors After AI-Fueled Rally
Advanced Micro Devices Inc., the main contender to Nvidia Corp. in the artificial intelligence chip market, failed to…
Caterpillar to Double Gas Turbine Capacity to Feed AI Boom
Caterpillar Inc. plans to more than double its capacity of gas turbines to tap into soaring demand for…