Intel’s AI Surge Not Enough to Offset PC Market Gloom
Intel shares took a massive dive recently, plummeting nearly 29 percent after the chipmaker issued a sobering outlook for the fourth quarter. The crash comes as a sharp…
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Key Economic Indicators Set to Steer Wall Street Direction
Investors are bracing for a volatile stretch as several high stakes catalysts converge over the coming days. Analysts…
Political Crossroads Put Wall Street on Edge Ahead of November Polls
As Americans prepare to head to the polls on November 3, investors are beginning to worry that the…
Why are Nvidia, AMD and Intel stocks crashing in pre-market trading today?
Nvidia, AMD and Intel stocks plunged in pre-market trading on Thursday as Alphabet’s latest earnings raised concerns about…
Reliance Jio shares soar 21% on debut; brokerages initiate coverage with Buy ratings
Shares of billionaire Mukesh Ambani’s Reliance Jio Platforms soared 21% in their Mumbai debut on Wednesday, valuing India’s…
Why is Microsoft offering voluntary buyouts to 60,000 employees?
Microsoft MSFT is offering voluntary buyouts to about 60,000 employees as the technology giant looks to contain costs…
Nvidia stock loses $365 billion in a week: could the AI boom be running out of money?
Nvidia lost approximately $365 billion in market value last week as rising borrowing costs cast doubt on the…
BofA warns of risks seen in past capital cycles as concerns grow over AI boom
Bank of America has warned that the artificial intelligence investment boom could follow a familiar pattern seen in…
Anthropic to share Q3 financials with investors amid growing AI valuation concerns
Anthropic is preparing to give prospective institutional investors a closer look at its financial performance as the artificial…
Anthropic warns its AI could destroy humanity: Should investors back it anyway?
Last month, a report that Anthropic could warn potential investors in its much-awaited IPO of “catastrophic or existential…