The market is rising even as economic warning signs increase. Check out the three primary ways the current market environment feels like it is 1999 all over again...
Continue ReadingCoreWeave leverages Nvidia-backed GPU cloud capacity and multi-year take-or-pay contracts with top AI clients. Read why CRWV stock is a Buy...
Continue Reading(Bloomberg) -- A global stock selloff extended to a sixth day - the longest losing streak since September 2023 - as President Donald Trump boosted tariffs across the world and two days of solid megacap tech earnings failed to lift sentiment.Most Read from BloombergThe World’s Data Center Capital Has Residents SurroundedAn Abandoned Art-Deco Landmark in Buffalo Awaits RevivalWe Should All Be Biking Along the BeachBudapest’s Most Historic Site Gets a Controversial RebuildSan Francisco in Talks Wit...
Continue Reading(Bloomberg) -- China accused the US of exploiting a flaw in Microsoft Corp.’s email servers to steal military data and launch cyberattacks on its defense sector.Most Read from BloombergThe World’s Data Center Capital Has Residents SurroundedAn Abandoned Art-Deco Landmark in Buffalo Awaits RevivalWe Should All Be Biking Along the BeachBudapest’s Most Historic Site Gets a Controversial RebuildSan Francisco in Talks With Vanderbilt for Downtown CampusThe Cyber Security Association of China said in...
Continue ReadingDow Jones futures: Amazon, Apple and Reddit moved late on earnings while President Trump hiked Canada tariffs. The jobs report looms...
Continue ReadingAI continues to be a major force, propelling Nvidia to the top market cap in the Nasdaq 100...
Continue ReadingThe hyperscalers are key to what happens to Nvidia next...
Continue ReadingTech giants Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on artificial intelligence (AI) while navigating economic waters roiled by US tariffs.- Meta reported robust second-quarter financial results Wednesday, with revenue jumping 22 percent year-over-year as the social media giant continues investing heavily in artificial intelligence...
Continue ReadingSAN FRANCISCO (Reuters) -Apple CEO Tim Cook signaled on Thursday the iPhone maker was ready to spend more to catch up to rivals in artificial intelligence by building more data centers or buying a larger player in the segment, a departure from a long practice of fiscal frugality. Apple has struggled to keep pace with rivals such as Microsoft and Alphabet's Google, both of which have attracted hundreds of millions of users to their AI-powered chatbots and assistants. Apple, in contrast, has leaned on outside data center providers to handle some of its cloud computing work, and despite a high-profile partnership with ChatGPT creator OpenAI for certain iPhone features, has tried to grow much of its AI technology in-house, including improvements to its Siri virtual assistant...
Continue ReadingMicrosoft joined Nvidia in the $4 trillion market-cap club, while Meta is closing in on the $2 trillion mark...
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