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…
Meta Needs a Cultural Change to Build Safe AI
“Move fast and break things.” If there’s a single corporate motto you can identify off the top of…
David Einhorn Sounds Warning on the AI Spending Splurge
Hedge fund manager David Einhorn cautioned that the unprecedented amount of spending on artificial intelligence infrastructure may destroy…
Samsung Shares Rise to Year’s High on Nvidia Approval Report
Samsung Electronics Co. shares jumped more than 5% after reports it’s won approval from Nvidia Corp. for the…
Meta, OpenAI Face FTC Inquiry on Chatbot Impact on Kids
The Federal Trade Commission ordered Alphabet Inc.’s Google, OpenAI Inc., Meta Platforms Inc. and four other makers of…