AI boom is testing tech firms' climate pledgesTechnology companies are stepping up their climate commitments but not fast enough to counter rapidly inflating energy needs linked to the ...
AI boom heats up Bay Area housing market as wealthy buyers drive demand for high-end homes across USHigh-income earners, many of them employees at AI companies, are snapping up multimillion-dollar houses in the San Francisco Bay Area, unda...
Dell again lifts annual forecasts as AI demand powers record resultsDell raised its annual revenue outlook to $192 billion from $167 billion and adjusted earnings per share forecast to $25.50 from its earlie...
Yotta targets Jan-March 2027 IPO, seeks up to $1.5 billion amid AI boomYotta Data Services is gearing up for an initial public offering scheduled for early 2027, aiming to secure as much as $1.5 billion to sett...
South Korean finance minister nominee vows to advance AI projectsThe pledge follows the government's unveiling on Tuesday of its most aggressive fiscal spending plan on record for next year, which inclu...
AI cyber risk is biggest immediate threat to global financial stability: FSB chair Andrew BaileyFinancial Stability Board Chair Andrew Bailey highlighted AI's immediate cyber risk concerns. He warned AI could accelerate cyberattacks, i...
AI and robotics drive an IPO boom in China as Shein lists in Hong KongIn the latest big stock listing, shares in China-founded e-commerce and fast fashion giant Shein are due to debut Tuesday in Hong Kong in a...
Marvell selloff deepens as investors seek clarity on Google AI deal payoffMarvell has become a market darling fueled by the AI spending boom as Big Tech races to adopt custom chips for greater cost efficiency and ...
Fed, BOJ, AI Boom and Elections: What markets are watching nextAs traders emerge from their holiday break, global markets brace for fluctuations. The ongoing geopolitical tensions keep energy prices in ...
Nvidia ignites chip stock rally as forecast shows AI boom is intactNvidia has calmed investor anxieties regarding the AI surge, forecasting a remarkable seventy percent increase in revenue for the upcoming ...
Nvidia rises after signaling longer AI spending runwayThe world's most valuable company projected 70% revenue growth next fiscal year and forecast current-quarter sales above Wall Street estima...
Nvidia Q2 FY2027 earnings: AI boom rolls on, but new questions emergeNvidia’s Q2 FY2027 earnings delivered another strong beat, with revenue reaching $96.2 billion, up 106% year-on-year, while Data Centre rev...
Nvidia investors beware: Firm flags 2 risks after better-than-expected Q2 earningsNvidia’s AI boom remains strong, but rising memory costs and growing debt are emerging as key risks. The chipmaker expects gross margins to...
Global economy in tug-of-war between oil shock and AI boom: IMF chiefThe global economy is weathering an oil shock better than feared. An investment boom in artificial intelligence is now a growth engine. Dra...
US Stock Market: Nvidia earnings to test AI boom as markets brace for sharp moveNvidia options are pricing in a 5.4% post-earnings move, implying a potential $280 billion swing in market value after its Q2 results. The ...
Hyderabad’s AI wealth is finding its way into luxury homesIn Hyderabad, the luxury real estate arena is seeing a surge as tech employees leverage their stock market gains to purchase elite homes, p...
AI is keeping Asia afloat as inflation weighs it down: Moody’s AnalyticsIn the Asia-Pacific landscape, economies are diverging with AI-driven export demand providing a silver lining. Nonetheless, domestic consum...