Apple Is Barely Spending on AI While Its Rivals Pour In $700 Billion. Is That Discipline or Denial?
There is a spending contest underway in big tech, and Apple (NASDAQ: AAPL) has declined to enter it.…
Data centres boom’s surprising threat to Australia’s housing supply
How would you like an Australia with fewer new homes, sold at higher prices? Because that’s what we…
Alphabet earnings to test confidence in AI spending and the Magnificent Seven (NASDAQ:GOOG)
Google logo on building ©Adobe Stock Images Investors focused on capital spending rather than earnings Alphabet (NASDAQ:GOOG) is…
TSMC raises capex and revenue forecast, highlighting growing AI chip demand
What happened: Taiwan Semiconductor Manufacturing (TSM) stock moved 4% lower in premarket trading on Thursday. What’s behind the…
AI spending frenzy could reshape the economy, Bridgewater CIOs say
Jan 26 (Reuters) – Spending on artificial intelligence by large corporations will continue to grow exponentially and reshape…
‘Big Short’ investor Michael Burry sends another AI bubble warning, this time using a ‘Lord of the Rings’ meme
Michael BurryJim Spellman/WireImage Michael Burry of “The Big Short” fame issued a fresh warning about the AI boom…
Reeves’ Latest Reversal Leaves Britain Exposed to Next Crisis
Rachel Reeves has boxed herself into a corner and left the UK government exposed to future fiscal shocks,…
CoreWeave Faces Earnings Pressure as Cracks Appear in AI Trade
After last week’s selloff, this is a tough time to be raising the issue of spending on artificial…
Caterpillar to Double Gas Turbine Capacity to Feed AI Boom
Caterpillar Inc. plans to more than double its capacity of gas turbines to tap into soaring demand for…
Samsung’s Chip Profit Soars After AI Fuels Demand for Memory
Samsung Electronics Co.’s semiconductor arm reported a bigger-than-expected 80% surge in profit, suggesting global AI demand is helping…
IMF Chief Says Canada Has Fiscal Room to Boost Capital Spending
The head of the International Monetary Fund says Canada has the fiscal room to make productivity-boosting investments, and…