DoubleLine’s Cohen Sounds the Alarm on AI-Debt Funding Frenzy
Fixed-income investors should tread carefully when it comes to funding the artificial intelligence boom, according to DoubleLine Capital’s…
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…
Microsoft to Pursue Superintelligence After OpenAI Deal
Microsoft Corp. is pursuing a more powerful form of AI called “superintelligence” it hopes will be capable of…
US Has Most October Layoffs in Over 20 Years on AI and Cost Cuts
US companies announced the most job cuts for any October in more than two decades as artificial intelligence…
Meta Spending Spree Recalls Metaverse Debacle That Crushed Stock
The huge checks Meta Platforms Inc. is writing to support its artificial intelligence ambitions are reminding some investors…
Meta, xAI Spread Risks of AI Splurge With Off-Balance-Sheet Debt
Just this month, Meta Platforms Inc. has secured about $60 billion in capital to build data centers, part…
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…
Ohtani Shows the Economic Power of the Immigrant Superstar
It’s not usual to have a World Series full of baseball superstars, but I think most fans would…
Record $38 Billion Debt Sale Nears for Oracle-Tied Data Centers
Banks are preparing to launch a $38 billion debt offering as soon as Monday that will help fund…
H1-B: Walmart Pauses Job Offers to Candidates Needing the Visas
Walmart Inc. has paused offers to candidates requiring H-1B visas, people familiar with the matter said, the latest…
Instagram Is ‘Exploring’ a Dedicated TV App in Video Push
Instagram is exploring building a dedicated TV app as part of a deeper push into video, a move…
CoreWeave Inks $14 Billion Meta Deal, Highlighting AI Demand
CoreWeave Inc. has signed a deal to supply Meta Platforms Inc. with as much as $14.2 billion worth…