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…
Apple plans to lease iPhones for $17.99 a month through Klarna deal
Apple customers in the U.S. will soon be able to lease an iPhone for up to two years…
CNBC Daily Open: Chipping away at the AI boom
A Korea Exchange (KRX) employee monitors stock market data on trading screens inside the Korea Exchange (KRX) in…
Apple ends day as world’s most valuable company, passing Nvidia
Apple passed Nvidia on Monday for the title of world’s most valuable company, with the iPhone maker topping…
The Simplest Way to Invest in the AI Revolution Is Hiding in Plain Sight
In November 2022, OpenAI released GPT-3.5. This was a watershed moment, as the chatbot amassed 100 million monthly…
Bond market anxiety is growing over AI capex budgets
Investors are getting increasingly uncomfortable with the amount of capital needed to make the artificial intelligence buildout a…
1 hyperscaler megacap down, 3 to go. Alphabet raises the stakes on AI spending
One down, three to go. Alphabet kicked off Big Tech earnings this week — telling Wall Street it…
Moody’s: AI spending threatens credit quality of Amazon, Meta, Alphabet
Sundar Pichai, CEO of Alphabet, Satya Nadella, CEO of Microsoft, Andy Jassy, CEO of Amazon and Mark Zuckerberg,…
Nvidia, Microsoft, Meta warn against overregulating open-weight models
The White House is visited by tourists on July 17, 2025 in Washington, DC. Michael M. Santiago |…
Alphabet, Tesla test investor patience AI spending overshadows growth
(L-R) Google CEO Sundar Pichai speaks and Tesla and SpaceX CEO Elon Musk arrive for the inauguration ceremony…
Google (GOOG) Q2 2026 earnings report: Live updates
Most of Google’s $44.9 billion capex supported AI infrastructure Most of Google’s $44.9 billion capital expenditures went to…
The company behind Scotch tape is evolving into an AI play
The industrial conglomerate best known for Post-it notes and Scotch tape has found an unlikely role in the…