Finance news

The Reliability Crisis Utilities Don't Want to Talk About

What are the optics? AI centers are gobbling up power production, transmission space, and water. Transmission line expansion at a pitiable pace. A rush to build enough power plants. Forest fires burn lines and vice versa. The Trump administration plans to solve power shortages by cancelling windmill projects and subsidizing coal-fired power plants. (Why not quash the sales of electric vehicles by subsidizing horses? Just a question.) And, of course, in the meantime, pictures of utility executive

Nvidia denies Latin America role in chip smuggling as US-China AI rivalry reaches Brazil

Nvidia’s top executive for Latin America denied on Wednesday that the region has served as a corridor for restricted chips into China, weeks after Anthropic, the American maker of the Claude AI models, alleged that Chinese labs had relied partly on smuggled processors to drive recent advances. Speaking at Web Summit Rio at a moment of intensifying rivalry between Washington and Beijing over artificial intelligence, Marcio Aguiar acknowledged that the pressure on export controls is real enough to

Sony cuts wait times for World Cup replays with updated AI tech

Coinbase launches tool to let AI agents manage trading and payments

Coinbase is betting that AI agents will become the primary interface for people's financial activity.

Oracle shares tumble on earnings. But there's a silver lining for our AI chip and power stocks

Oracle investors didn't get what they wanted. But its earnings report was a good sign for other stocks in the AI trade.

OpenAI to acquire Ona to support its AI coding assistant, Codex

Ona's technology will allow OpenAI's coding assistant, Codex, to take on longer-running tasks, OpenAI said.

Oracle’s stock is seeing its worst run in a quarter-century as this key AI debate rages on

While Oracle’s cloud-infrastructure business is growing rapidly, a massive $95 billion spending plan and a physical bottleneck in data-center deliveries are giving investors pause.

Garbage in, garbage out: Data is the real gold

AI is a huge hype currently. They stole everything they could online and use it to provide answers to users in well constructed language. However, training these models take a while. While it will improve in the future the models memory is always outdated (just ask your favorite model for investing advice, often their price reference is completely off). That is what they use initially to filter information. Missing the relevant current information. That is only augmented with a second step; web

IPOs: SpaceX, OpenAI, Anthropic: Are the markets facing a liquidity bottleneck?

Three companies could raise $200 billion on the stock market in the coming months. There would be enough money. Nevertheless, there could be shifts in the stock market.

Is Blackberry Primed For a Comeback?

Many people still see the word “Blackberry” and automatically think of the phones. So, I decided to dig in to see what the new hype around this name is. What if I told you that they have totally transformed their company into two different sectors: cybersecurity and physical AI. Now let’s dive into the core business of what Blackberry is mainly comprised of now. There are three segments, but only two matter. QNX which is a real time OS for safety critical systems. It is quietly already operating

China leads US in everyday AI apps but firms are overvalued, experts say

China holds an edge over the US when it comes to getting artificial intelligence applications into the hands of everyday users, according to tech executives and investors, though they warn that Chinese AI firms are looking increasingly overvalued. China still lagged in computing power but was only “100 days behind” the US in frontier AI model capabilities, according to Chi Zhang, general manager of finance industry at the Alibaba Cloud Intelligence Group, speaking on Thursday at the 2026 HKEX...

DoorDash lets customers use photos, prompts to order food and book reservations in latest AI push

DoorDash wants to let users simplify the ordering and reservation process through AI.

As OpenAI leans into enterprise business, Apple and Google set sights on the masses

OpenAI's aggressive push into the enterprise, where it competes with Anthropic, coincides with efforts by Apple and Google to bring advanced AI to consumers.

China's AI companies dig in as SpaceX, US rivals ready IPO bonanza

From electric cars to humanoids: Xpeng boss takes over robotics unit at ‘turning point’

Xpeng chairman and CEO He Xiaopeng is doubling down on his vision to transform the Chinese electric vehicle (EV) giant into a “physical AI” powerhouse, taking the reins of the firm’s robotics arm just months before its humanoids are set for mass production. In an internal memo sent on Wednesday and seen by the South China Morning Post, He said he would personally serve as head of the robotics department. Characterising the move as a strategic pivot, He said the unit had reached “a turning point.

As artificial-intelligence capital expenditures rise, so do the risks for AI stocks, Goldman Sachs tells investors

Forecasts of $920 billion in AI-related capex in 2027 are likely too conservative.

Why U.S. AI giants like Anthropic, OpenAI are launching major expansions in London

The U.K. capital has become a key growth target for many of the world's most talked about AI companies.

Confusion regarding IPOs, Stock market and valuations.

A lot of the AI companies and SpaceX are coming into the market with insane valuations and IPOs. Space X is being valued i read at 1.75 T. Alphabet(google) is raising capital and we have Anthropic and OpenAI which would be hundreds of billions of dollars as well. IMO, that capital can only really come from two places: New capital entering the market Capital rotating out of existing stocks First one is tough. Inflation is still a major issue in a lot of countries, unemployment seems to be rising,

Big Tech is preventing new stock-market highs as investors change the way they play AI, says this top strategist

Nomura’s Charlie McElligott says investors are finally waking up to the problems with a market that is too concentrated on AI leadership.

ChatGPT price-war report comes as data shows AI usage already tailing off

After many high-profile corporate customers complained about the high fees attached to AI models, OpenAI is considering discounting its services as competition with Anthropic gets cut-throat.

Musk's SpaceX IPO holds both promise and peril

Elon Musk’s rocket and AI company presents potential for investors. But its futuristic, unproven plans also carry significant financial risks.

Oracle Corp. invested US$55.7 billion in capital expenditures over the past year to accelerate the expansion of its AI infrastructure business, exceeding its earlier projection of US$50 billion.

Quarterly capex totaled US$15.9 billion in the period ended May 31, highlighting the company's massive data center buildout to meet growing demand from OpenAI and other customers developing artificial intelligence applications. The company, long known for its database software, has increasingly repositioned itself as a provider of computing capacity for AI workloads. Oracle also announced plans to raise US$50 billion through debt and equity financing this year to support its capital needs. Oracl

From scams to deepfakes, AI use in Asia creates new cyberthreats

AI mega-listings are 'just the start,' Razer CEO says, ahead of historic SpaceX IPO

Blockbuster public offerings from AI companies could be an enduring feature of the industry, Razer CEO Min-Liang Tan said Thursday, ahead of several mega IPOs.

$STRL might be the cleanest way to own the data center buildout

Everyone's been chasing the AI bottleneck down the stack, GPUs, then power, then memory, then optical. The one trade that quietly ranked top-three every single year is the boring one nobody posts about: data center construction. Sterling Infrastructure ($STRL) is the closest thing to a pure-play on the part of it that actually has a moat, site work. That means clearing, grading and blasting the land before a building exists. It sounds like dirt, and it is, but the economics are good because the

Stress-testing AI inference profitability

I built a small simulator to stress-test the unit economics of AI inference. The question I wanted to isolate is simple: under what assumptions does frontier AI inference become profitable enough to justify the current capex cycle? My current read is that AI inference can become very profitable, but not just because inference gets cheaper. The profitable case needs several assumptions to line up at the same time: - paid adoption scales quickly - GPU capacity does not outrun demand by too much -

KKR says AI productivity boom to keep on going — but warns of 'extreme' trend not seen since the 19th century

KKR said in its mid-year outlook Thursday that AI will drive economic growth for years to come, but only in specific sectors.

$ELF: My High-Conviction “Value + Growth” Setup Outside the Usual Crowded Trades

Investors remain concentrated in the same crowded themes such as AI, mega-cap technology, and space. While many of the businesses in these categories are exceptional and have potential, their popularity has driven valuations to elevated levels, with many now appearing overvalued. Meanwhile, I think one of the most interesting setups in the market right now is sitting in plain sight: e.l.f. Beauty / $ELF To me, ELF is one of those rare situations where you can make a case for both value and growt

OpenAI mulls slashing prices as it competes with Anthropic for users: WSJ

OpenAI is reportedly mulling drastic price cuts to its AI models, as it looks to woo consumers from rival AI company Anthropic, the WSJ reported on Wednesday.

Artificial Intelligence: Anthropic boss: Government should be able to stop risky AI

OpenAI rival Anthropic has long been in favor of tougher regulation of AI development. Now company boss Dario Amodei is even calling for an emergency brake for the government.