Firmus’ collapse at the final hurdle shows that even Nvidia’s backing cannot make public investors accept any price for an artificial intelligence story. The Australian data-centre operator abandoned its roughly…

Japan’s Nikkei 225 fell more than 1% on Friday as a fresh sell-off in AI-linked shares collided with $100-plus oil and still-elevated global bond yields, leaving Tokyo at the centre…

US stocks ended mixed on Thursday, with the Nasdaq Composite posting its steepest decline among the major indexes as artificial intelligence stocks came under pressure and rising oil prices added…

OpenAI’s annualised revenue is approaching $50 billion, the Financial Times reported, citing financial documents shared with investors, falling about $20 billion short of previously reported figures. The discrepancy could temper…

Intel and AMD shares traded lower on Thursday as a broader selloff in US equities intensified, with surging oil prices and Treasury yields raising concerns about inflation and interest rates.…

Apple is preparing to expand its presence in the smart home market, with the company set to unveil a new range of devices at an event in New York City…

Wall Street was rocked on Thursday following a Financial Times report revealing that Starbucks (SBUX) has spent recent months working with advisers to explore a potential takeover of Chipotle Mexican…

Needham analyst John Todaro trimmed his price target on Applied Digital (APLD) on October 8th even though the AI infrastructure firm reported a blockbuster Q1 last evening. The company more…

SpaceX SPCX stock fell 2.5% Thursday as investors looked ahead to another major lockup expiration that could increase the supply of shares available for trading. Up to 328.4 million shares…

PepsiCo shares PEP rose more than 1% on Thursday after the company reported quarterly revenue and earnings above Wall Street expectations, although the beverage and snacks giant lowered its full-year…