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…
AMD’s Best Month Since 2001 Brings Show-Me Pressure to Earnings
After its best month in the stock market in almost 25 years, Advanced Micro Devices Inc. needs to…
Global AI Bubble Burst May Aid Flows Into Indian Stock Market
Before the trading day starts we bring you a digest of the key news and events that are…
Third-quarter earnings are indicating a divided economy
A Taco Bell restaurant in El Cerrito, California, US, on Tuesday, April 29, 2025. David Paul Morris |…
Amazon says its AI shopping assistant Rufus is so effective it’s on pace to pull in an extra $10 billion in sales
In case you were unsure about Amazon’s ability to monetize artificial intelligence, “the everything store” assigned a staggering…
Alphabet, Amazon Stakes in Anthropic Boost Profit by Billions
Alphabet Inc. and Amazon.com Inc. were rewarded by investors for reporting better-than-expected third-quarter profits. At both companies, earnings…