Alibaba, Tencent Shares Lose $66 Billion as AI Vision Falls Flat
(Bloomberg) — Alibaba Group Holding Ltd. (BABA) and Tencent Holdings Ltd. (TCEHY) lost $66 billion of market value…
5 things to know before the market opens Thursday
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. I’m back after…
A closer look at Nvidia’s $20 billion bet on tech for a new AI chip
On the day before Christmas, when few stocks were stirring, a pricey and pivotal transaction jolted the AI…
We’re buying more of this leading AI stock on this year’s undeserved pullback
Shortly after the opening bell, we will be buying 45 shares of Alphabet at roughly $307. Following Friday’s…
The Tech Download: The sector’s Iran problem
Uncertainty continues to reign over global supply chains and Middle East-based projects as the Iran war nears the…
How To Buy Gold From Amazon
Gold prices have been on a roller coaster this year. On March 6, the precious metal’s spot price sat…
Amazon says Anthropic remains available outside of defense work
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon…
Big Tech Stocks Were Expensive. Then the Market Turned on AI
(Bloomberg) — For most of the past decade, investors have had to pay exorbitant prices to own a…
Data centers become military targets in Iran war
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Banking,…
Elon Musk’s Starlink Escalates The 5G War In Space As Amazon Locks In Vodafone
The 5G war just left Earth. Elon Musk amplified a post touting Starlink Mobile’s next-generation satellites, promising 5G…
Family offices double down on AI as startup fundraising hits record
Laurene Powell Jobs attends the Clinton Global Initiative 2024 Annual Meeting at New York Hilton Midtown on September…
Loop Capital thinks this chip manufacturer could more than double on an AI ‘super cycle’
Astera Labs is among the best-positioned companies to benefit from increasing artificial intelligence builds, according to Loop Capital.…