Post-election rally masks a sharp split in the AI trade. Who wins?
Wall Street rallied Wednesday after Democrats scored major victories in the midterm elections. But the broad rally hid…
Marvell to buy Lumentum in all-stock deal
Marvell Technology‘s deal for optical components maker Lumentum will create an “enormous” opportunity to address growing connectivity demands…
What the midterms mean for defense, healthcare, crypto and AI stocks
Lockheed Martin gets about 70% of its sales from the U.S. government. Medicaid accounts for three-quarters of Molina…
OpenAI pares fundraising goal, now seeking up to $20B in latest round
OpenAI CEO Sam Altman speaking at Oracle AI World in Las Vegas, Nevada, on Oct. 27, 2026. CNBC…
Amazon, Intel shares fall after earnings amid AI spending concerns
Intel CEO Lip-Bu Tan speaks during a keynote presentation at Computex in Taipei on June 2, 2026. Cheng…
Trump tech allies swap AI for ‘super intelligence’ in earnings calls
President Donald Trump speaks with Meta CEO Mark Zuckerberg at the White House driveway following a luncheon for…
Nvidia responds to accusations that Jensen Huang was Chinese target
An Nvidia spokesperson on Thursday pushed back on a New York Times report that detailed American intelligence agencies…
AI buildout hits snag as Google and Microsoft hold capex forecasts
Sundar Pichai, CEO, Google and Satya Nadella, CEO of Microsoft. Denis Balibouse | Ruben Sprich | Reuters The…
Alphabet earnings miss first sign AI is taking a bite out of search
Sundar Pichai, CEO of Alphabet, during the Google I/O Developers Conference in Mountain View, California, May 19, 2026.…
Google alters cloud playbook turning to partners to sell more AI chips
Thomas Kurian, chief executive officer of cloud services at Google LLC, speaks during the Google Cloud Next event…
SpaceX closes $40 billion debt deal for AI chips, Elon Musk says
Elon Musk said SpaceX has closed $40 billion in debt financing to purchase graphics processing units, or GPUs,…
More pain may be coming for the AI trade. Why I’m not giving up on it
You knew it had to happen. The charts foreordained it. I am talking about the collapse in every…