Nvidia (NASDAQ:NVDA) has consistently delivered beat-and-raise earnings, but questions remain as the AI chip giant prepares to report its fiscal fourth-quarter results on February 26. Investors are eager […]
Apple’s Major Investment Cements Houston as a Leading U.S. Manufacturing and Tech Hub
Houston is emerging as a key player in U.S. manufacturing and technology following Apple’s announcement of a new advanced manufacturing facility. Part of a $500 billion national investment, […]
Microsoft shelves AI data-center deals in sign of potential oversupply, brokerage says
Microsoft has reportedly canceled leases for significant data center capacity in the U.S., signaling a potential oversupply as the tech giant expands its artificial intelligence infrastructure, according to […]
Apple to Invest $500 Billion in U.S. Facilities Amid Tariff Concerns
Apple announced on Monday a commitment to invest $500 billion in expanding U.S. facilities over the next four years, a move that could help mitigate the impact of […]
Grok blocked results saying Musk and Trump ‘spread misinformation’
Grok, Elon Musk’s ChatGPT competitor, temporarily refused to respond with “sources that mention Elon Musk/Donald Trump spread misinformation,” according to Igor Babuschkin, head of engineering at xAI. After […]
Analyst says Microsoft is cutting AI data center spending, which may have led to market sell-off
An analyst report from TD Cowen on data centers and Microsoft raised concerns about the sustainability of the artificial intelligence trade, potentially contributing to Friday’s significant market sell-off. […]
Nvidia’s Earnings to Test AI Chip Demand Amid DeepSeek Concerns
Feb 24 (Reuters) – Nvidia’s earnings report is anticipated to shed light on the demand for its high-cost AI chips. Investors are questioning the necessity of Nvidia’s chips […]
Bybit stolen funds likely headed to crypto mixers next: Elliptic
Following the $1.4 billion hack of the Bybit crypto exchange, the stolen crypto assets are likely to be laundered through mixers as hackers attempt to obscure the transaction […]
Alibaba to Spend $53 Billion on AI Infrastructure Over Three Years
Alibaba Group Holding Ltd. has announced a significant investment plan of over 380 billion yuan ($53 billion) in AI infrastructure, including data centers, over the next three years. […]
Palantir Sinks on Planned Pentagon Budget Cuts. Is It Time to Sell the Stock?
Shares of Palantir Technologies (PLTR) dropped significantly following Defense Secretary Pete Hegseth’s directive for the Pentagon to cut its $850 billion budget by 8%, or approximately $50 billion. […]