Alibaba shares rally after unveiling Qwen3.8-Max AI model
Alibaba debuts Qwen3-Max, its trillion-parameter AI model trained on 36T tokens. (Photo by Nikolas Kokovlis/NurPhoto via Getty Images)…
Apple drops 9%, Amazon surges 14% after earnings
Amazon shares surged 14% on Friday while Apple dropped 9% as investors reacted starkly differently to their June…
Meta tanks 9%, Microsoft jumps 8% as the AI trade splits Big Tech
Meta CEO Mark Zuckerberg, left, and Microsoft CEO Satya Nadella. Getty Images | Reuters Microsoft shares jumped in…
Tesla, Alphabet stock falls as AI spending concerns spook investors
Shares of Alphabet and Tesla fell in premarket trading on Thursday after both firms signalled increased AI spending,…
AI stock surges after an ex-OpenAI employee’s fund disclosed a stake
Nebius, which was spun out from Russian internet giant Yandex, provides graphics processing units or GPUs for training…
Akamai stock soars after $1.8 billion AI infrastructure deal
The Akamai Technologies logo and lettering can be seen on the headquarters building at the company’s German headquarters…
Heineken to slash up to 6,000 jobs in AI ‘productivity savings’
Dutch brewer Heineken is planning to lay off up to up to 7% of its workforce, as it…