Strategy’s Dollar Reserve Fails to Soothe Bitcoin-Sales Concern
Strategy Inc. said it had created a $1.4 billion reserve to fund future dividend and interest payments, in…
Alibaba’s (BABA) Main AI App Qwen Draws 10 Million Downloads in Strong Debut
Alibaba Group Holding Ltd.’s Qwen app drew more than 10 million downloads in the week after its relaunch,…
At an AI Conference, Attendees Were Asked Which Startup They Would Short.
In a city obsessed with betting on the next big thing, the Cerebral Valley AI Conference turned that…
Xpeng Shares Surge to Highest in Eight Months On Optimism Over Humanoid Robots
Xpeng Inc. shares surged to their highest level in more than three years, amid growing optimism over the…
SoftBank Unloads Nvidia Stake for $5.8 Billion in Surprise Move
SoftBank Group Corp. sold its entire stake in Nvidia Corp., pocketing $5.8 billion ahead of a rash of…
Podcast: Yes It’s an Artificial Intelligence Bubble. Here’s Why
Subscribe to Merryn Talks Money on Apple PodcastsSubscribe to Merryn Talks Money on Spotify Albert Edwards is certain…
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…
Asian Stocks Drop as Tech Valuations Weigh on Mood: Markets Wrap – Bloomberg.com
Asian Stocks Drop as Tech Valuations Weigh on Mood: Markets Wrap Bloomberg.comBreakingviews – Stock market frenzy is a louder…
Palantir Reports Record Quarterly Revenue, Hikes Forecasts (PLTR)
Palantir Technologies Inc. raised its annual revenue outlook to $4.4 billion and outpaced analyst estimates for third-quarter sales,…
Alphabet, Amazon Stakes in Anthropic Boost Profit by Billions
Alphabet Inc. and Amazon.com Inc. were rewarded by investors for reporting better-than-expected third-quarter profits. At both companies, earnings…
OpenAI May Target $1 Trillion Valuation in IPO, Reuters Says
Artificial intelligence startup OpenAI is preparing to file for an initial public offering as soon as next year…
Andreessen Horowitz Invests in Legal AI Startup Harvey at an $8 Billion Valuation
Harvey, a startup building artificial intelligence tools for law firms, has closed its third major funding round of…