Alibaba Hikes AI Prices as Much as 34% to Meet Demand Surge
(Bloomberg) — Alibaba Group Holding Ltd. is raising prices for its AI computing and storage products by as…
Cash Losing Its Crown in the World’s Biggest Money Corridor
Photographer: Eva Marie Uzcategui/AFP/Getty Images (Bloomberg) — After Maura Fonseca moved to Houston from Mexico in 2011, she…
S&P Weighs Rule Changes That Would Speed SpaceX’s S&P 500 Entry
(Bloomberg) — S&P Dow Jones Indices LLC is considering changes to rules governing how companies join the S&P…
Polymarket Taps Palantir, TWG AI to Police Sports Bets
(Bloomberg) — Polymarket is enlisting firms including Palantir Technologies Inc. to help police its sports contracts as prediction…
NetEase is reportedly pulling funding for Yakuza creator’s studio
The hype for Gang of Dragon, the debut game from Nagoshi Studio, may already be getting derailed. According…
Stablecoin firms bet big on AI agent payments that barely exist
(Bloomberg) — Circle Internet Group Inc. (CRCL) and Stripe Inc. (STRI.PVT) are racing to build payments systems for…
IMF Says 10% Oil Rise for Year Adds 40 Basis Points to Inflation
Photographer: Aaron Schwartz/Bloomberg (Bloomberg) — A 10% increase in energy prices that persists for a year would push…
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…
Bond Traders Scour Payrolls to Gauge Fed Path Amid Oil Shock
Bloomberg (Bloomberg) — Bond investors, who have been focused on inflation since the Iran war began, say a…
US Considers Requiring Permits for Nvidia, AMD Global AI Chip Sales
(Bloomberg) — Nvidia Corp. has long been the world’s AI kingmaker. Now, the Trump administration is considering taking…
Oracle Plans Thousands of Job Cuts in Face of AI Cash Crunch
(Bloomberg) — Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash…
Broadcom CEO Sees AI Chip Sales Topping $100 Billion in 2027
(Bloomberg) — Broadcom Inc. Chief Executive Officer Hock Tan said the company expects its AI chip sales to…