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Google is holding early discussions to significantly increase its investment in AI startup Anthropic. Anthropic is the creator of the Claude family of language models. This move shows the growing competition in the artificial intelligence market. Sources say this new funding round could value Anthropic at over $350 billion. The specific details of the potential…
Despite the ongoing surge in artificial intelligence (AI) interest, wider markets are showing signs of fatigue. A recent commentary on CNBC’s “Daily Open” newsletter noted that outside of the AI theme, many sectors lack clear direction and momentum. The S&P 500 and Nasdaq continue to hover near highs, yet they remain sensitive to macro risks…
Global markets showed a mixed reaction on Thursday despite a high-profile meeting between U.S. President Donald Trump and China’s President Xi Jinping. The MSCI Asia-Pacific index slid 0.5% after earlier gains, while U.S. S&P 500 futures dipped 0.1%. Investors were unsettled by the lack of detailed follow-through on the tariff and trade deal, even as…
Meta Platforms (META) shares experienced volatility following its latest earnings report, not over revenue figures, but due to a massive increase in its AI spending guidance. CEO Mark Zuckerberg’s commitment to building the Artificial Intelligence infrastructure of the future is translating into a sharp rise in Capital Expenditures (CapEx), a move that has deeply unsettled…
The application security and delivery company F5 has delivered a disappointing forecast, predicting its first-quarter revenue will fall below analysts’ estimates. The news sent a chill through the technology sector. The Reason for the Downturn The weak forecast points to a broader trend impacting enterprise technology companies: a slowdown in corporate spending. F5’s revenue relies…
Apple has made history by becoming the first company to ever achieve a $4 trillion market valuation. This unprecedented financial milestone was driven by the strong, revitalized sales performance of the company’s latest iPhone models. The iPhone Resurgence Wall Street’s confidence in Apple surged following reports that the new generation of iPhones is experiencing blockbuster…
Intel’s stock price experienced a significant surge, climbing nearly 10% in extended trading. This major jump followed the release of the company’s third-quarter earnings report, which revealed a substantial profit beat over Wall Street expectations. The strong results signal a potential turning point in Intel’s competitive battle with rivals. The outperformance was likely driven by…
The Nasdaq suffered its steepest drop since April, tumbling 3.6% on Friday as tech megacaps — Amazon, Nvidia, and Tesla — collectively shed $770 billion in market value. The sell-off followed President Donald Trump’s threat to impose 100% tariffs on Chinese goods and new export controls on “critical software.” The S&P 500 also fell 2.7%,…
Beijing – Chinese stock markets have ignited with renewed vigor as investors pile into technology companies riding the wave of artificial intelligence (AI). The rally is being led by major names like Alibaba, Baidu, and JD.com, whose shares have surged following announcements of new AI initiatives and partnerships. Alibaba’s stock leapt 3.5% in Hong Kong,…
