Chinese start-up Manycore Tech, operator of the world’s largest spatial design platform, has applied for an initial public offering (IPO) in Hong Kong, three years after its attempt to list on the Nasdaq stock exchange lapsed. Manycore’s IPO filing, jointly sponsored by JPMorgan and CCB International, did not provide the amount it intends to raise…
As earnings season continues for most of the Big Tech landscape, Wall Street investors have become increasingly focused on tech giant’s and hyperscaler’s capital expenditure (CapEx) spending on AI. To talk more about how AI CapEx guidance is weighing on Big Tech and semiconductor manufacturers like Nvidia (NVDA), Spear Invest Founder and CIO Ivana Delevska…
France’s AI champion Mistral AI is a French political darling, with French President Emmanuel Macron greeting its free application for its Le Chat chatbot last week with an enthusiastic post, declaring “vive Le Chat!” The French government has also stepped up its support for the flagship startup with a series of contracts. Over the past…
The geopolitics of artificial intelligence will be in focus at a major summit in France where world leaders, executives and experts will hammer out pledges on guiding the development of the rapidly advancing technology. It’s the latest in a series of global dialogues around AI governance, but one that comes at a fresh inflection point…
US stocks (^GSPC, ^IXIC, ^DJI) closed higher as Nvidia (NVDA) shares rose over 5%. This is driven by continued artificial intelligence (AI) investments from Big Tech despite initial concerns about reduced capital expenditures (CapEx) spending. Yahoo Finance senior reporter Josh Schafer joins Asking for a Trend host Josh Lipton to note that major companies like…
US stocks recovered from losses on Wednesday to close higher on the day. Earnings from Alphabet (GOOG, GOOGL) and AMD (AMD) fell short, but Big Tech got a boost from a jump in Nvidia (NVDA) shares. The tech-heavy Nasdaq Composite (^IXIC) rose 0.2%, while the benchmark S&P 500 (^GSPC) added 0.4%. The Dow Jones Industrial…
Yahoo Finance Senior Reporter Josh Schafer sits down with “Morning Brief” hosts Seana Smith and Brad Smith to discuss how Big Tech earnings and AI spending are shifting the bull market narrative. Big Tech earnings have been strong overall, and there are several signs of a bull market persisting. Although Alphabet’s (GOOG, GOOGL) stock tumbled…
In This Story The Nasdaq and other major stock market indexes dipped Wednesday morning after underwhelming earnings reports from Google parent Alphabet (GOOGL-7.46%) and chipmaker Advanced Micro Devices (AMD-10.21%). Other tech stocks such as Apple (AAPL-1.03%), Amazon (AMZN-2.05%), and Tesla (TSLA-1.77%) were also in the red. Tariffs, interest rates, and market volatility: What they mean…
The CEO of Anthropic, an AI company backed by Amazon and Google, argued that the US government must impose heavy restrictions on China in order to maintain a monopoly on artificial intelligence technology. If the US government can block China from getting advanced semiconductors, we will “live in a unipolar world, where only the US…
Tech giants appeared to defend their heavy AI investments during their latest earnings calls. Both Meta and Microsoft plan to spend over $60 billion on building out AI infrastructure this year. DeepSeek’s seemingly cheaper AI model has raised questions. DeepSeek may have spooked investors at the start of the week, but tech giants are doubling…