Anthropic has agreed terms on a roughly $30 billion fundraising round that would value the artificial intelligence company at about $900 billion before the new money is added, according to…
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The initial phase of the AI boom heavily concentrated capital within a narrow hardware monopoly, primarily rewarding Nvidia as its graphics processing units captured a 90% market share in model…
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Shares of Take-Two Interactive Software (TTWO) surged Thursday after reports suggested preorders for the highly anticipated video game Grand Theft Auto VI could begin later this month, reigniting investor enthusiasm…
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US stocks advanced on Thursday, with the Dow Jones Industrial Average reclaiming the 50,000 level and the S&P 500 closing at another record high as investors reacted to strong technology…
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Shares of StubHub (STUB) surged Thursday after the ticketing marketplace reported stronger-than-expected first-quarter earnings, fueled by rising ticket demand and improving profitability that helped ease investor concerns following a prolonged…
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Shares of Broadcom (AVGO) surged Thursday after a series of Wall Street analyst upgrades, and rising optimism surrounding artificial intelligence infrastructure spending boosted investor sentiment toward the semiconductor giant. Broadcom…
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At the time of writing, President Trump, along with a clutch of top US corporate executives, is in China. Mr Trump and Chinese President Xi Jinping have already held a…
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Cerebras Systems is in the spotlight this morning as the AI chipmaker makes its long-awaited debut on Nasdaq under the ticker symbol CBRS. The company priced its IPO at a…
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Applied Materials (AMAT) will report fiscal second-quarter earnings after markets close Thursday, with investors closely watching whether booming artificial intelligence-related semiconductor spending can continue offsetting slowing growth from China. Shares…
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Marvell Technology Inc (MRVL) printed a new 52-week high this morning as Cisco Systems’ solid Q3 earnings boosted sentiment across the entire semiconductor ecosystem. Investors are cheering MRVL also because…