Europe’s AI future at risk as soaring power costs push data centers abroad
Europe’s soaring electricity prices are threatening its ambitions to compete with the US and China in artificial intelligence, as power-hungry data centers face mounting costs and investors increasingly look elsewhere,…
Intel stock dips again: Why analysts are still bullish
Shares of Intel (INTC) fell 2% on Monday, extending the stock’s losing streak to a fifth consecutive session after a sharp pullback late last week. However, the stock recovered and was…
Berkshire just loaded up on Macy’s stock: should you too?
Macy’s Inc (M) is in focus on Monday morning after Berkshire Hathaway’s latest filing disclosed a new position worth roughly $55 million in the iconic retail chain.The strategic buy-in from…
Why Tesla stock is down around 2% on Monday
Shares of Tesla (TSLA) fell around 2% early Monday as investors reacted negatively to the company’s surprise decision to raise prices on some of its top-selling vehicles.The stock dropped to…
The ‘Thucydides Trap’: why a 2,500-year-old war loomed over the Trump-Xi summit
In 2015, Chinese President Xi Jinping used the term “Thucydides Trap” in Seattle before an audience that included former Secretary of State Henry Kissinger.“There is no such thing as the…
SpaceX eyes June 12 IPO debut on Nasdaq: report
Elon Musk’s rocket and satellite maker SpaceX is preparing for one of the most closely watched stock market debuts in recent years, with the company targeting an initial public offering…
Zeta Global stock soared after Snowflake OSI entry: what next?
Zeta Global stock price jumped by over 4% on Friday in a high-volume environment after the company joined the Open Semantic Exchange (OSI), an initiative by Snowflake. ZETA jumped to…
SpaceX eyes June 12 IPO debut on Nasdaq: report
Elon Musk’s rocket and satellite maker SpaceX is preparing for one of the most closely watched stock market debuts in recent years, with the company targeting an initial public offering…
Why Salesforce stock is surging today?
Shares of Salesforce (CRM) moved higher Friday as investors reacted positively to the company’s expanding artificial intelligence strategy, stronger financial performance, and a newly announced US Air Force contract that…
Dow slides 537 points as rising oil prices rattle AI-fueled rally
US stocks fell sharply on Friday as rising Treasury yields, surging oil prices, and fading enthusiasm surrounding artificial intelligence stocks pressured markets following weeks of record-setting gains.The Dow Jones Industrial…