CoreWeave beats third-quarter revenue estimates on AI computing boom
(Reuters) -AI cloud provider CoreWeave beat Wall Street estimates for third-quarter revenue on Monday, benefiting from surging demand…
Senegal’s Sonko Opposes Debt Restructuring Amid Financial Strain
Senegal’s Prime Minister Ousmane Sonko voiced opposition to a proposed restructuring of the country’s debt, signaling the government’s…
OpenAI Asks US to Expand Chips Act Tax Credit to AI Data Centers
OpenAI has asked the Trump administration to revamp a Chips Act tax credit to help lower the cost…
Microsoft Eyes Longest Selloff Since 2011 as AI Trade Weakens
Microsoft Corp. is on track for its longest streak of daily losses in more than a decade as…
Ex-Banker Brothers Worth $850 Million After Microsoft AI Deal
For a few years, Daniel and Will Roberts’ Bitcoin-mining venture was a wild ride. The former Macquarie Group…
Qualcomm CEO Says the World Is Underestimating How Big AI Will Get
The promise of artificial intelligence has already upended the economy and added trillions of dollars in market value…
Macron’s plan for Louvre overhaul poses ‘significant financial risks,’ report says – POLITICO
Though arrests have been made, the stolen goods have not yet been retrieved. Faced with a “budgetary impasse,”…
UK Business Warns Against ‘Death by a Thousand Taxes’ at Budget
The UK’s biggest business lobby warned Rachel Reeves against hitting companies with a series of smaller tax rises…
OpenAI CFO Says Bubble-Wary Market Needs More AI ‘Exuberance’
OpenAI Chief Financial Officer Sarah Friar suggested the market is overly focused on anxiety about a possible bubble…
Microsoft Signs $9.7 Billion AI Cloud Deal With IREN
Microsoft Corp. has signed an approximately $9.7 billion deal to purchase AI cloud capacity from IREN Ltd., becoming…
I Think These Are the 2 Best AI Stocks to Buy in November
The AI hyperbuild is now an accounting line item, with major tech companies raising 2025 capital expenditure plans…
Big Tech Earnings Reveal Cracks in Case for Massive AI Spending
A week that saw the Federal Reserve cut interest rates and dozens of US companies report earnings nevertheless…