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SoftBank shares sink nearly 12% as AI slowdown talk hits its $64.6 billion OpenAI bet

SoftBank Group shares fell nearly 12% in Tokyo on Monday, the steepest drop among the major Asian AI stocks TECHi…

1 week ago

SK hynix falls 5%, KOSPI drops 3% as Asia’s chip stocks slide after AI slowdown call

Shares of SK hynix fell 5.4% and Samsung Electronics 3.4% in the first 20 minutes of trading in Seoul on…

1 week ago

Anthropic expects a second profitable quarter as its IPO nears, FT reports

Anthropic has told its shareholders it expects positive adjusted operating income for a second consecutive quarter, the Financial Times reported…

1 week ago

Nasdaq futures drop 1.2% at Sunday open, twice the S&P 500, as oil tops $103

U.S. stock futures opened lower on Sunday evening, and the selling was heaviest in the index most tied to artificial…

1 week ago

Why HPE Stock Jumped 12%: Oracle Capex, $30B Supplier Bill

Hewlett Packard Enterprise shares rose 12.4% on Friday, September 11, to $62.09, the company's highest close since it began trading…

1 week ago

Data Center Cost Per MW: USA, EU, UAE, India, Pakistan

Building a 10-megawatt data center in Mumbai costs about $66 million, before land and servers. The same building in Silicon…

1 week ago

Microsoft Stock: Azure’s revenue is finally public. Its margin isn’t

For the first time, Microsoft has put a dollar figure on Azure, its cloud computing business: $101.9 billion in revenue…

1 week ago

What ETH futures say about Ethereum’s future: a Treasury-bill rate

An Ethereum futures contract on Deribit lets a trader lock in a price now for ether delivered when the contract…

1 week ago

Nvidia Stock: Nvidia has become its customers’ credit line

Nvidia's revenue doubled last quarter. Its shares are up 9% since the end of June. Somewhere between those two numbers…

1 week ago

SpaceX spent 13 times more on AI than on rockets last quarter

SpaceX spent $1.17 billion on its rocket business last quarter. It spent $15.83 billion on AI compute.That ratio — 13.5…

1 week ago