Fund managers are worried about AI overinvestment. Bank of America is worried about fund managers overinvesting.
For the first time ever, fund managers surveyed by Bank of America think companies are investing too much. “Bad news…1st time in 20 years investors say companies ‘overinvesting’ (read ‘slow down, hype...
Amazon launches $12 billion bond sale as AI boom fuels need for capital
That giant sucking sound you hear is the AI boom continuing to pull in capital. Per Bloomberg , is launching a six-part bond sale, its first new issue since November 2022. The firm is aiming to raise...
Google jumps as Berkshire Hathaway reveals $5.1 billion stake, search giant announces $40 billion investment in Texas data centers
popped in post-market trading on Friday on a double dose of news after the close: bolstering its data center footprint and getting a long-overdue seal of approval from Warren Buffett’s Berkshire Hatha...
How speculative tech stocks lost one-third of their value in the past month
Speculative stocks tied to the AI boom, quantum computing, and energy have tanked over the past month. Among , , , , , , , , , , , , and , the average member has lost a third of its value since mid-Oc...
Microsoft to use OpenAI’s chips to improve its own in-house chips
As part of investment in OpenAI, the company is using OpenAI’s development of custom AI semiconductors to help improve its own in-house chips, which have lagged behind peers , according to an intervi...
Cisco’s AI orders from hyperscalers accelerate
saw orders from AI hyperscalers accelerate in its most recent quarter, the company reported Wednesday after the close of trading in New York, sending its shares higher in the after-hours session. For ...
Anthropic gets into the data center business, pledging $50 billion
After watching , , xAI, and OpenAI spend billions on massive AI data centers , Anthropic is getting into the game. Today the company announced a partnership with AI infrastructure specialist Fluidstac...
Fermi falls after reporting steep Q3 loss, says US is “at war” on AI
fell on Tuesday after it reported a steeper-than-expected loss in its first quarterly earnings report since the company’s initial public offering last month. The company, which currently generates no ...
Nebius Group’s $3 billion deal with Meta takes some of the sting out of soft Q3 results
The knee-jerk move lower in after the company reported underwhelming Q3 results is not being fully offset by its concurrent announcement of a fresh $3 billion deal with Meta to deliver AI infrastru...
CoreWeave reports better sales and operating income than any analyst anticipated; revenue backlog swells above $55 billion
reported a strong sales beat in Q3, with bottom-line results to match. Revenue: $1.36 billion (compared to analyst estimates of $1.23 billion and guidance for $1.26 billion to $1.30 billion) Adjusted ...
Rigetti Computing reports mixed Q3 results; shares fall
reported sales a bit shy of estimates along with a modestly smaller-than-expected loss. For Q3, the quantum computing firm posted: Revenue: $1.9 million (compared to an analyst consensus estimate of $...
The AI trade roars back after its worst week since April tariff announcements
The AI trade is roaring back after getting speed checked last week. Baskets of US AI beneficiaries compiled by Morgan Stanley and Bank of America, which just suffered their worst week since the Rose G...
TSMC rises after reporting that sales grew 17% in October, the slowest pace since February 2024
shares are up on Monday after the company reported a 16.9% rise in sales for October. That was its slowest pace since February 2024 — adding to the debate on whether the global AI complex can continue...
Quantum computing companies are stacking up piles of cash, capitalizing on their booming stock prices
Make hay while the sun is shining, or so the saying goes. And that’s exactly what America’s quantum computing companies have been doing in 2025. Quantum cash leap Revenues have been overrated and prof...
D-Wave CEO’s pitch to the Trump administration: Buy our quantum computers in exchange for an equity stake
Over the past few months, the biggest catalyst for quantum computing stocks has been the prospect of government support. This was nurtured by agreements between pure-play companies in the space and th...
Vistra misses sales and profit estimates, stock drops
, the power provider that’s played a starring role in this year’s AI energy trade , reported weak earnings early Thursday, sending its shares lower. The Texas-based company, which supplies nuclear- an...
Nebius Group gains after launching Token Factory platform to offer access to inference compute using open-source models
Shares of are trading well in the green on Wednesday after the neocloud launched the Nebius Token Factory, a platform that offers access to inference compute and supports over 60 open-source AI model...
Super Micro sinks as Wall Street hates its trade-off of profitability for sales
Throughout the AI boom, investing aggressively in your near-term capabilities for the promise of bigger profits down the road has generally been applauded by investors. Not so for , at least this quar...
Fermi secures preliminary approval for a low-emissions natural gas plant to meet AI power demands
Power provider said it has received preliminary approval from the Texas Commission on Environmental Quality for the planned 6 gigawatts of natural gas generation that’s part of its “Project Matador” t...
Trump’s “impossible trinity” on AI and energy
Everyone loves a good trilemma. In economics, the most famous of the genre was developed by Fleming and Mundell, which posits that you can only successfully achieve two of the following three objectiv...