Anthropic revenue surges 12 fold in Q3, with $895B in purchase commitments
Anthropic reported a sharp increase in revenue in the third quarter, while its latest regulatory filing revealed substantial losses and nearly $895.4 billion in purchase and lease commitments, largely linked…
Why is Oracle stock falling nearly 6% on Monday?
Oracle shares ORCL fell nearly 6% on Monday after the software giant disclosed plans to raise $20 billion through bond and share sales, highlighting the growing financing requirements of its…
Tom Sosnoff: AMD, Nvidia, Micron stocks ‘have not sold off enough’
Tom Sosnoff isn’t convinced Monday’s rebound makes the biggest artificial intelligence (AI) chip stocks worth buying.Speaking this morning with CNBC, the “tastytrade” founder said Nvidia, AMD, and Micron stocks have…
Nasdaq plunges 2.8% as Intel and Amazon results deepen AI stock sell-off
US stocks fell sharply on Friday, with the Nasdaq Composite recording its largest one-day percentage decline since June 5 as disappointing results from Intel and Amazon intensified concerns about the…
BofA’s Michael Hartnett prefers Mag7 bonds over AI shares after selloff
The artificial intelligence (AI) boom still offers an investment opportunity, but Bank of America’s senior strategist Michael Hartnett believes the better deal now lies in lending to technology giants rather…
News Corp stock analysis as judge tosses Trump’s WSJ lawsuit ahead of earnings
News Corp’s stock price has pulled back over the past few months, falling from a high of $31.59 in August to the current $29.12. The retreat has coincided with broader…
BofA’s Michael Hartnett prefers Mag7 bonds over AI shares after selloff
The artificial intelligence (AI) boom still offers an investment opportunity, but Bank of America’s senior strategist Michael Hartnett believes the better deal now lies in lending to technology giants rather…
Big Tech’s AI bill meets a ‘Big Cash Burn’ issue: are investors’ fears justified?
Cash burn emerged as a key metric for investors assessing Big Tech earnings this season, as companies ramp up spending on artificial intelligence infrastructure while borrowing costs remain elevated.Results from…
As the AI model race heats up, who will come out on top?
Companies are spending hundreds of billions of dollars to develop artificial intelligence models, hoping to establish technological advantages that could translate into lasting commercial returns. But as competitors release increasingly capable…
Binance reveals a $1B SpaceX stake: what happens if it sells its stake?
SpaceX (SPCX) shares fell roughly 5% in trading Friday as tech stocks fell after Amazon and Intel’s disappointing earnings. Binance’s response to a massive cryptocurrency theft put its investment in…