Nvidia and Meta Agree to an AI Investment
Nvidia and Meta have an investment agreement tied to AI, according to Reuters.
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Nvidia and Meta Reach AI Investment Agreement
Nvidia and Meta agreed to an investment deal in artificial intelligence.
Consumer Tech Weekly Roundup Covers Earnings, AI and Product News
A consumer technology roundup covers reported results, AI developments, product announcements and other corporate news from Oct. 12–16.
ANALYSIS — Why CoreWeave is in the crosshairs of the AI scare
CoreWeave at fore of AI selloff, stocks and bonds plunge Data center delays, revenue projections raise risks for neoclouds Huge debt and losses mean CoreWeave is vulnerable By Vidya Ranganathan and Aditya Soni LONDON/BENGALURU, Oct 16 (Reuters) — Loss-making and deeply indebted US cloud company CoreWeave became an easy
US STOCKS — S&P 500 subdued as gains in banks offset AI jitters; Dow at one — month high
Indexes: Dow up 0.43%, S&P down 0.09%, Nasdaq down 0.70% Banks gain, lift Dow to one-month high Chips, neocloud companies slip (Updates to market open) By Tharuniyaa Lakshmi and Purvi Agarwal Oct 16 (Reuters) — The benchmark S&P 500 was muted on Friday as worries about cracks in the AI trade pressured semiconductor sto
RPT — EXPLAINER — Why CoreWeave's troubles are rattling the AI boom
(Repeats October 15 story with no changes) By Anhata Rooprai and Aditya Soni Oct 15 (Reuters) — CoreWeave's mounting debt is raising fresh concerns about the AI boom, as investors question whether demand can justify the billions being borrowed to build data centres. Shares and bonds of the Nvidia-backed company have tu
EXPLAINER — Why CoreWeave's troubles are rattling the AI boom
By Anhata Rooprai and Aditya Soni Oct 15 (Reuters) — CoreWeave's mounting debt is raising fresh concerns about the AI boom, as investors question whether demand can justify the billions being borrowed to build data centres. Shares and bonds of the Nvidia-backed company have tumbleddespite its CEO's assurances of a stro
BUZZ — US STOCKS ON THE MOVE — Walmart, Super Micro, FMC
Workspace search string for individual stock moves: STXBZ The Day Ahead newsletter: The Morning News Call newsletter: (.) The Nasdaq fell to near one-month lows on Thursday, weighed by a worsening selloff in AI-linked stocks on fears rising interest rates could impact artificial-intelligence investments, and fresh data
BUZZ — US STOCKS ON THE MOVE — Nvidia, Penske Automotive, ManpowerGroup
(Updates) Workspace search string for individual stock moves: STXBZ The Day Ahead newsletter: The Morning News Call newsletter: The S&P 500 and the Nasdaq were on track to extend losses on Thursday as fears of a potential hit to artificial-intelligence investments from higher interest rates deepened a rout in AI-linked
FACTBOX — Tech leaders, Wall Street CEOs, governments split over 'AI doom' fears
(Adds comments from the CEOs of BlackRock, Citigroup, Wells Fargo and Goldman) Oct 14 (Reuters) — AI industry leaders are split over how fast companies should develop the increasingly powerful technology, as Anthropic's Dario Amodei, OpenAI's Sam Altman and SpaceX's Elon Musk call for a coordinated slowdown. Meta's Mar
Ark Invest Buys $17.3 Million of Meta Shares, Sells Alibaba Stock
Ark Invest bought 22,734 Meta shares for $17.3 million and 67,362 Cerebras shares for nearly $10 million on Tuesday, while selling 3,465 Alibaba shares valued at $384,095. The trades were disclosed alongside discussion of Meta’s AI spending plans.
AI compute shortage is forcing new alliances
The WSJ reports that scarce computing power is pushing AI companies into costlier contracts, improvised deals and new partnerships as demand outstrips available capacity. Google, Anthropic and xAI are among the firms cited in the industry scramble.
Billionaire Philippe Laffont’s $1.2 Billion Constellation Bet Gets a Google AI Boost
The most interesting thing about Constellation Energy Corp ‘s (NASDAQ: CEG ) latest AI-power deal is not simply that Alphabet Inc ‘s (NASDAQ: GOOGL ) (NASDAQ: GOOG ) Google needs more electricity. It is that one of the biggest names in technology is effectively helping turn Constellation’s nuclear fleet into long-durat
Full Transcript: AtkinsRéalis Group Inc Q2 2026 Earnings Call
AtkinsRéalis Group Inc (TSX: ATRL ) reported second-quarter financial results on Thursday. The transcript from the company's second-quarter earnings call has been provided below. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. The full earnings call is available at Su
Global bond slump deepens as yields hit multi-decade highs
Reuters trading day column says benchmark 10-year yields in France, Germany, the UK and the US rose to their highest since the mid-late 2000s. It also notes stocks fell, oil rose and gold hit a seven-week low.
Worldsec posts six-month loss of US$490,000 in interim report
Worldsec Limited reported an unaudited net loss of US$490,000 for the six months ended 30 June 2026, versus a loss of US$97,000 a year earlier. The company also said it appointed Elemental Company Secretary Limited as company secretary in September 2026.
Consumer Tech (Sep 21-25): Meta Launches Muse & Smart Glasses, US-China Ensure AI Remains "Under Human Control," & More
President Donald Trump and First Lady Melania Trump welcomed Chinese President Xi Jinping and his wife on a red carpet at Joint Base Andrews on Wednesday, kicking off a three-day visit amid tensions over trade, artificial intelligence, and Taiwan. Chinese President said that the U.S. and China, as leading artificial-in
Transcript: IREN Q4 2026 Earnings Conference Call
IREN (NASDAQ: IREN ) released fourth-quarter financial results and hosted an earnings call on Thursday. Read the complete transcript below. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary IREN reported $4 billion of annual recurring revenue (ARR) con
Fed Raises Rates, Yields Hit 2007 Highs as Fuel Costs Set Records: This Week On Wall Street
The Federal Reserve raised interest rates Wednesday for the first time since 2023, lifting its benchmark a quarter point to 3.75%-4%. The vote was unanimous, 12-0, and 16 of the 18 policymakers who submitted forecasts penciled in at least one more increase this year. Inflation is running at 3.4%, unchanged from July bu
Duos Technologies Group Reports Q2 2026 Results: Full Earnings Call Transcript
Duos Technologies Group (NASDAQ: DUOT ) held its second-quarter earnings conference call on Monday. Below is the complete transcript from the call. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary Duos Technologies Group reported strong financial perf
Stock Market Today: S&P 500, Dow and Nasdaq Futures Face Pressure as Brent Nears $108 and FOMC Commences Two-Day Meet— MSTR, CRWD, BMM in Focus
U.S. stock futures declined Tuesday as the Dow Jones, S&P 500 and Nasdaq 100 indices fell following Monday’s lower close. The Federal Open Market Committee’s two-day meeting will commence, with all eyes on the FOMC’s policy direction. Meanwhile, the 10-year Treasury bond yielded 5.03% at the last check, topping 5% on M
Bank of America says AI sell-off is noise in bull market
Bank of America semiconductor analyst Vivek Arya said Monday's AI-driven sell-off is noise within a secular bull market for semiconductors. He said AI capex could top $3 trillion by 2030 and remained bullish on semis despite near-term volatility.
Trump surgeon general pick plans broad divestments
Dr. Nicole Saphier disclosed holdings in tobacco, beverage, pharmaceutical, technology and energy companies and said she would divest most of them within 90 days of confirmation. Her Senate confirmation hearing is set for Sept. 16.
Haivision reports Q3 revenue rose 14.3% to $35 million
Haivision Systems said fiscal Q3 revenue was $35 million, up 14.3% year over year, and year-to-date revenue reached $97.5 million. It also said recurring revenue rose 12% and adjusted EBITDA was $3.5 million, a 10.1% margin.
Flex agrees to buy EPC Power for $4.4 billion
Flex has agreed to acquire EPC Power for $4.4 billion. The deal is expected to close in the fourth quarter of 2026, when EPC Power is expected to become part of Flex’s Cloud and Power Infrastructure segment.
John Wiley reports Q1 2027 Research growth, reaffirms guidance
John Wiley & Sons said Q1 Research publishing revenue rose 12%, while Learning revenue fell 20%. The company reiterated full-year guidance for mid-single-digit organic revenue growth, adjusted EPS of $4.60 to $5.05 and free cash flow of $205 million.
Broadcom reports record Q3 revenue, lifts Q4 AI outlook
Broadcom reported record Q3 FY 2026 revenue of $29.6 billion, with AI semiconductor revenue up 221% to $16.7 billion. It guided Q4 consolidated revenue to $34.8 billion and AI revenue to $21.7 billion.
Nvidia posts double beat in Aug. 24-28 window
Nvidia reported fiscal second-quarter revenue of $96.22 billion, above the $92.11 billion estimate, with adjusted EPS of $2.22 versus $2.09 expected and third-quarter revenue guidance of $108 billion.
Trump backs U.S. data-center buildout, says communities are mistaken
President Donald Trump says communities rejecting data-center projects are “making a mistake,” arguing the facilities bring jobs, investment and tax revenue and that the U.S. leads China in AI “by a lot.”
Alibaba posts lower profit as revenue rises 9% in fiscal first quarter
Alibaba reported fiscal first-quarter 2027 revenue of $39.64 billion, up 9% year over year and above the $38.63 billion estimate, while adjusted earnings per ADS fell 42% to $1.26, missing expectations of $1.85.