Chip stocks were the biggest beneficiaries of last year’s artificial intelligence investment craze, but they have stumbled so far this year.
Read More As US chip darlings struggle, some bet on software as next big AI play
Tag: Oracle
AI stock shock could spark broader gains in US market
A development in the field of AI that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of technology shares.
Read More AI stock shock could spark broader gains in US market
Meta to spend up to $65 bln this year to power AI goals, Zuckerberg says
Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure.
Read More Meta to spend up to $65 bln this year to power AI goals, Zuckerberg says
Trump Announces $500B AI Infrastructure Project Investment
President Donald Trump has announced a $500 billion artificial intelligence (AI) infrastructure project investment.
Read More Trump Announces $500B AI Infrastructure Project Investment
Elon Musk’s net worth tops $400 billion, Forbes billionaires list shows
Elon Musk’s net worth crossed $400 billion, boosted by a nearly 71% surge in the automaker’s shares this year and the soaring valuation of his rocket company SpaceX.
Read More Elon Musk’s net worth tops $400 billion, Forbes billionaires list shows
Nasdaq, S&P gain on megacap boost in lead up to inflation report
The S&P 500 and the Nasdaq rose on Tuesday as most megacap stocks gained, with focus now moving to key inflation data later this week.
Read More Nasdaq, S&P gain on megacap boost in lead up to inflation report