‘Big Short’ Fame Michael Burry Says Trump ‘Cannot Afford’ To Let AI Boom Fall
Burry said AI infrastructure has become a key pillar of the U.S. economy. Burry recently shorted Nvidia, Oracle,…
The future of AI growth rests on Big Tech’s cash flow tripling to $2 trillion: Chart of the Day
Big Tech’s AI spending boom is carrying an ever-larger share of the US growth story. So far in…
Here comes the AI capex shocker, Goldman Sachs says
Eye-popping capital expenditure numbers on earnings days of Big Tech players like Alphabet (GOOG, GOOGL), Meta (META), and…
Stock market today: Nasdaq, Dow, S&P 500, Nasdaq set for more gains as Big Tech’s AI spending shows no sign of letting up
Techs soared as US stock futures extended gains on Friday morning, after South Korean stocks roared back and…
Michael Burry Highlights Rising AI Spending By Big Tech And Its Impact On S&P 500 — ‘The Market Has Voted And The Results Are Clear’
Alphabet raised its fiscal year 2026 capex forecast to $195 billion to $205 billion last week, raising it…
Stock market today: Dow, S&P 500, Nasdaq fluctuate as chip stocks tumble, oil prices fall
US stocks seesawed on Monday morning after a strong open as chip stocks began selling off. Oil prices…
Tech stocks today: Big Tech earnings this week mark a pivotal moment for the AI trade
Tech stocks rose on Monday morning amid tentative optimism ahead of a flood of Big Tech earnings this…
4 Big Tech earnings reports, a Fed meeting, and $100 oil: It’s the busiest week of the quarter
As another frenetic week in the markets comes to a close, investors prepare to step into a new…
Stock market today: Dow, S&P 500, Nasdaq climb as chip stocks rise in wait for Big Tech earnings
US stocks rose on Monday morning, with chip stocks advancing ahead of Big Tech earnings this week, while…
British iPhone designers’ new gadget is make-or-break for OpenAI
To start with, connecting to the internet via a smartphone, which is what most of us do at…
EU orders Meta to make apps less ‘addictive’
Brussels has ordered Meta to make Instagram and Facebook less addictive, threatening the company with huge fines if…
Big Tech is paying for the AI boom, and chipmakers are cashing in: Chart of the Day
Wall Street knows Big Tech can spend on artificial intelligence. The harder question is how quickly that spending…