News

TSMC Supplier GlobalWafers Hikes US Spending to $7.5 Billion
Taiwanese chip materials maker GlobalWafers Co plans to raise its investments in the US to $7.5 billion, sating increasing ...
Labor’s $3m super tax may be start of a wealth grab. Just ask ChatGPT
Lost among the Trump turmoil is the disruption caused by the AI revolution. It’s happening and Australian investors, ...
Salesforce, Inc. (CRM) Joins $80 Billion Saudi AI Tech Pact, Expands Footprint With $500M Plan
We recently published a list of Top 10 AI Stocks Making Headlines on Wall Street. In this article, we are going to take a ...
Microsoft Lays Off 3% of Workers, Focuses on a Leaner Management Tier
Microsoft trims layers of management to boost team agility, with business units like Xbox and LinkedIn also affected by the ...
Dow Jones Today: S&P 500 Closes Higher for Fourth Straight Day; Nasdaq Winning Streak Snapped
Stocks turned in a mixed performance on Thursday, extending a winning streak for one major index and ending one for another, ...
Programmers bore the brunt of Microsoft’s layoffs in its home state as AI writes up to 30% of its code
Still, these cuts come after CEO Satya Nadella said last month that up to 30% of the company’s code was now written by AI .
AI, Quantum Stocks Are Some of the Most Shorted on Wall Street
AI stocks are the hottest trades on Wall Street again. They're also among traders' favorite stocks to bet against.
Meta Platforms, Inc. (META): Among Billionaire Mason Morfit’s Stock Picks with Highest Upside Potential
We recently published a list of Billionaire Mason Morfit’s 10 Stock Picks with Highest Upside Potential. In this article, we ...
CoreWeave stock slips as company discloses $23 billion capex plan, $4 billion OpenAI commitment
CoreWeave stock rose as much as 2% after the market open Thursday after the company disclosed in a regulatory filing to the ...
The biggest winner from potential stablecoin legislation may be the U.S. dollar. Here's why.
U.S. policymakers are working to advance legislation to regulate dollar-linked stablecoins - cryptocurrencies whose value is pegged 1:1 to the greenback. One possible reason? They may be hoping to ...