They will be ‘wonderfully profitable’ — Nvidia CEO on Oracle’s reported GPU profit squeeze
Oracle’s AI cloud bet hits a margin reality check. Shares of Oracle slid over 3% Tuesday after a report...
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Tesla Launches Cheaper Model Y and Model 3 to Revive Sales After Tax Credit Loss
Bold move, but risky timing: Tesla unveiled more affordable versions of its flagship Model Y and Model 3 on...
Market Wrap: Global Stocks Rally on AI Momentum as Gold Nears $4,000
Global equities extended their record-setting rally Monday, powered by AI optimism and strong risk sentiment despite political headwinds in...
US Government Shutdown Enters Week Two as Senate Rejects Dueling Funding Bills
The US government shutdown has entered its second week after the Senate rejected both Republican and Democratic stopgap funding...
OpenAI Hands AMD a Big Win in AI Chip Race — What It Means for Nvidia
OpenAI announced a multi-year partnership with AMD to deploy 6 gigawatts of AI compute capacity powered by the chipmaker’s...
OpenAI Puts Apps Inside ChatGPT: Spotify, Zillow, Canva and More Go Live
OpenAI used its DevDay to reboot apps inside ChatGPT, unveiling a system that lets users invoke third-party apps directly...
OpenAI to take 10% stake in AMD through AI chip deal
Advanced Micro Devices (AMD) announced a multi-year agreement to supply OpenAI with 6 gigawatts of compute capacity using its...
Markets Face Shutdown Delays, Fed Minutes, and Big Earnings Week Ahead
Stocks are coming off record highs, but the week ahead may be quieter for markets, with government data frozen,...
France in Chaos as PM Lecornu Resigns After Just 27 Days — Markets React Sharply
France has plunged into fresh political turmoil after Prime Minister Sébastien Lecornu resigned less than a month after taking...
Egypt Hosts Gaza Peace Talks as Trump Hails “Tremendous Progress” Toward Ceasefire
Negotiators for Israel and Hamas met in Egypt on Monday for the first round of indirect peace talks under...