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NVIDIA Corporation (NASDAQ: NVDA ) is trending Friday after a week that included a record-breaking buyback authorization, a new AI safety platform and strong earnings from supplier Micron that lifted semiconductor stocks broadly. Micron stock is trading at elevated levels. What’s next for MU stock? A Record Buyback Aut
The company said in a confidential IPO prospectus that about 80% of the commitments are payable regardless of use. It disclosed long-term spending plans with Google, Amazon, Microsoft and others.
Major US stock indexes advanced on Monday, buoyed by gains in AI firms. Treasury yields retreated from recent highs and oil prices fell more than 3% amid prospects of Middle East talks.
US equity indexes opened higher on Monday, led by communications services and technology, while energy stocks lagged. Crude oil prices dipped below $100 per barrel and US 10-year Treasury yields eased across the curve.
Advanced Micro Devices Inc. (NASDAQ: AMD ) stock fell nearly 9% in premarket trading Wednesday as investors appeared to want a stronger forward outlook following the chipmaker’s second-quarter results. The sell-off came even after AMD reported second-quarter revenue of $11.54 billion, topping the Wall Street estimate o
Advanced Micro Devices Inc. (NASDAQ: AMD ) is trading into Tuesday’s Q2 earnings with a fresh set of numbers that make the trillion-dollar question impossible to ignore — and options traders are already betting the print itself could be the trigger. AMD stock is climbing into earnings. See the chart and price action he
Advanced Micro Devices Inc. (NASDAQ: AMD ) has beaten Wall Street’s earnings estimate in 10 of its last 12 quarters. That sounds like the recipe for a stock that consistently rallies after earnings. History says otherwise. Since August 2023, AMD has finished the day after earnings lower in seven of its 12 reports, desp
The Nasdaq 100 Index has slumped by over 8% from the year-to-date high as some high-profile artificial intelligence (AI) stocks like Micron (NASDAQ: MU ) and Nvidia (NASDAQ: NVDA ) have slipped. Its sell-off faded this week as the big-tech earnings came in and after the Federal Reserve left interest rates unchanged. Th
Leopold Aschenbrenner turned a viral essay about artificial intelligence into Situational Awareness, a $20 billion hedge fund that returned 439% net through June. This week, after losses in the AI selloff, he was asking his investors and lenders for more cash. He also offered some of them the chance to buy assets strai
The Indian government has directed GitHub to remove Jack Dorsey ‘s Bitchat repositories amid the ongoing student protests in Delhi. Technology & Software The U.S. Defense Department awarded Oracle Corp (NYSE: ORCL ) a 10-year, nearly $7 billion enterprise software agreement negotiated by the Department of the Navy, mar
AMD to invest up to $5 billion in Anthropic as part of computing power deal
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily recap compiled. INVESTMENT: AMD (AMD) and Anthropic have signed an agreement that includes tens of billions of dollars' worth of artificial-intelligence servers. Under the te
AMD to invest up to $5bn in Anthropic in chip deal