Anthropic’s IPO sets up first big test of AI boom valuations
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. This…
Leveraged ETF assets double in two months as investors press AI bet
Traders work at the New York Stock Exchange on May 28, 2026. NYSE Assets in leveraged ETF nearly…
Meta Business Agent is Zuckerberg latest effort to diversify from ads
Meta CEO Mark Zuckerberg during the Meta Connect event in Menlo Park, California, Sept. 25, 2024. Bloomberg |…
Perplexity CEO tells CNBC one metric will determine who wins the AI race
The companies that can provide the most economic value from the power their AI uses will ultimately command…
Jim Cramer says look to buy these 5 stocks outside the AI trade for diversification
CNBC’s Jim Cramer on Tuesday provided investors a handful of beaten-down stocks that he believes could outperform if…
Alphabet’s plan to sell $80 billion in stock to fund its AI buildout isn’t all bad
Alphabet bulls fought the down tape all day on Tuesday, taking the glass-half-full view of the company’s plans…
We’re right-sizing our position in an AI stock after its impressive run
Shortly after the opening bell, we will sell 40 shares of Broadcom at roughly $486. Following the trade,…
China learns to build without Nvidia
An iFlytek liquid-cooled server equipped with Huawei Kunpeng 920 chips and Ascend AI chips, on display at the…
Jim Cramer says Jensen Huang’s Computex keynote revealed more winners in the AI boom
Nvidia CEO Jensen Huang delivered a winning message with his much-hyped Computex keynote by arguing that computing power…
Berkshire Hathaway invests extra $10 billion in Alphabet, deepening bet on AI
Greg Abel, CEO of Berkshire Hathaway, speaks with CNBC from the Berkshire Hathaway Annual Shareholders Meeting in Omaha…
AI is crushing startup valuations for pre-ChatGPT firms
Matthias Balk | Picture Alliance | Getty Images Five years ago, venture capitalists were pouring money into American…
Nvidia-backed AI company tells CNBC its launching major UK expansion
American AI company Runway is planning a major expansion in London, CNBC has learned, following in the wake…