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(Bloomberg) -- Sriram Krishnan, a top White House adviser on artificial intelligence, is stepping down from the post.Most Read from BloombergTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalBecerra Advances for California Governor as Hilton Fights SteyerNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapSpaceX Inks $30 Billion Computing Power Deal With GoogleSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PA former Andreessen Horowitz partner, Krishnan was

Investing.com -- Yardeni Research said growing evidence suggests the artificial intelligence boom is extending beyond major technology companies and into the broader U.S. economy, supporting hiring, business formation, and investment despite ongoing geopolitical and inflation risks.

(Bloomberg) -- US national security agencies must make a priority of working with more than one artificial intelligence provider, according to a memo from President Donald Trump that follows an extended feud between the Pentagon and Anthropic PBC, which until recently was the only vendor approved for classified military use.Most Read from BloombergBecerra Advances for California Governor as Hilton Fights SteyerNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapSpaceX, Other Mega IPO

Meta stock fell more than 6% Friday following a report that it will sell new stock to raise cash for its AI buildout.

The European stock markets closed mixed Friday as the Stoxx Europe declined 0.2%, Germany's DAX was

Reid Hoffman, billionaire co-founder of networking website LinkedIn, has ‌decided not to stand for re-election ‌to Microsoft's board of directors at its 2026 ​annual shareholder meeting, the software giant said in a filing on Friday. Hoffman, who has served on the board since 2017, ‌will stay on ⁠till the meeting. In 2016, ​he sold LinkedIn ​to Microsoft for $26.2 ‌billion in what was at the time the tech giant's largest-ever deal.

(Bloomberg) -- OpenAI would likely have unraveled if Sam Altman hadn’t returned as chief executive officer following his brief ouster in 2023, former tech chief Mira Murati said, offering her clearest account yet of one of Silicon Valley’s most dramatic boardroom battles.Most Read from BloombergBecerra Advances in California’s $300 Million Governor RaceSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSaylor’s Bitcoin Machine Is Misfiring on Every Cylinder‘Sell Indonesia’ Sweeps Trading Desk

DocuSign (DOCU) reported a solid earnings beat for Q1 FY2027, delivering $830.2 million in revenue and $1.09 in non-GAAP earnings per share. The company generated $289 million in free cash flow at a 35% margin. Yet, despite these top-line metrics, the stock closed at $50.95 during regular trading and slid nearly 4% to approximately $49 in extended trading. This price implies just 11 times its expected FY2027 earnings of $4.44 per share, significantly lower than the historical software sector ave

Some Polymarket users are betting SpaceX's market cap exceeds $4 trillion by the close of its first trading day, valuing the startup higher than Microsoft.

(Bloomberg) -- A surge in electricity demand from artificial intelligence and data centers is reshaping North America’s power markets, creating a “renaissance” for natural gas after decades of limited new development, according to KKR & Co. partner Brandon Freiman.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborBroadcom Slides by Most in More Than

Microsoft and OpenAI's relationship is getting frostier.

Anthropic is joining in on the IPO fray to win tens of billions in capital and likely a valuation in the trillions. This IPO could significantly benefit Amazon (NASDAQ:AMZN), Salesforce (NYSE:CRM), and Alphabet (NASDAQ:GOOG). Before we look into how, let’s take a look at the IPO first. Anthropic’s decision for an IPO comes after SpaceX’s decision to ... 3 Stocks Poised to Make Billions from the Anthropic IPO

The market has a way of pretending it has seen everything — until it hasn’t. Stocks sit near record territory, liquidity is still abundant by historical standards, and yet the Federal Reserve is once again trying to thread a very narrow needle: cool inflation without cracking growth. The current federal funds rate, sitting around 3.64% ... The Stock Market Has Been Here Precisely Once Before. Buckle Up as Kevin Warsh Tries to Land the Plane

Broadcom (AVGO) stock sinks further in Thursday trading despite topping estimates for fiscal second quarter earnings and revenue, while also outpacing forecasts on third quarter guidance. Northwestern Mutual Wealth Management Company CIO Brent Schutte joins Yahoo Finance Senior Reporters Ines Ferré and Brooke DiPalma in assessing Broadcom's post-earnings stock reaction compared to other AI players.

(Bloomberg) -- Netflix Inc. is using AI to help customers cut through the noise of content overload, said Elizabeth Stone, the streaming service’s chief product and technology officer.Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRepublican-Led House Votes to Stop Iran War, Rebuking TrumpGlazer Family Members Study Manchester United Stake SaleTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtRussia Finance Officials Tell Putin War Spending Is Unafford

Qualcomm's stock was under pressure on June 1 after Nvidia CEO Jensen Huang made a surprise move that rattled the PC chip market. At Taiwan's annual Computex conference, Huang shared that Nvidia (NVDA) is entering the personal computer processor market with a new chip developed in partnership with ...

Nvidia looks to revamp the personal computer industry this fall by supplying AI-enabled PC chips for hardware vendors.

Investing.com -- Adobe Inc. has narrowed its CEO search to two internal candidates while also exploring external options through a hired search firm, according to a Bloomberg report Wednesday.

Investing.com -- The European Commission introduced new legislation on Wednesday aimed at strengthening domestic cloud, artificial intelligence and semiconductor sectors to reduce dependence on U.S. technology companies.

Software stocks have rebounded from a punishing selloff as investors are betting that AI may boost the sector rather than leaving it for dead. Now investors are flocking to firms they see succeeding at integrating AI and adjusting price models by charging clients based on actual usage – while steering clear of firms that are too dependent on traditional pricing, ​which involves subscription fees based on headcount. "While AI is causing massive disruption, it is remapping the industry rather than destroying it," said Daniel Morgan, portfolio manager at Synovus Trust in Atlanta.

(Bloomberg) -- Nvidia Corp. Chief Executive Officer Jensen Huang touted “insane” returns for investors willing to bet on the AI boom, seeking to dispel lingering concerns around the big sums spent on artificial intelligence and its long-term profitability.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTrump Begins Rebuilding His Tariff Wall Citing Forced LaborCanada Dips Into Technical Recession for

Private infrastructure and real estate capital are expected to play a larger role in financing the ‌AI-driven data-center boom, as companies move beyond traditional forms ‌of funding, Goldman Sachs said in a note on Tuesday. Goldman increased its ​combined capex forecast for the four largest hyperscalers - Meta, Microsoft, Amazon, and Alphabet - to $5.3 trillion between fiscal years 2025 and 2030. Prior to the start of first-quarter earnings, the Wall Street brokerage forecast ‌capex at $4.5 trillion for ⁠the same period.

Google-parent Alphabet’s plan to raise $80 billion through equity sales signals that its AI spending intentions aren’t slowing down. Alphabet’s stock price slipped nearly 4% Tuesday, while the prospect of more capex surges in the future also weighed on the shares of cloud rivals Microsoft, Amazon and Oracle.

$1.75 trillion That is the valuation being considered by SpaceX in its blockbuster initial public offering planned for next week. That number could change a lot in coming days, but if it holds it would make Elon Musk’s rocket maker the seventh-largest U.

Yahoo Finance Tech Editor Dan Howley comes on Market Domination to break down the day’s leading and trending tech stories, including President Trump's executive order to scale back review requirements for AI model developers when they submit them to the federal government for assessment.

Investing.com -- Microsoft Corp announced Tuesday a new quantum computing chip developed with artificial intelligence assistance and set a 2029 target for commercially viable quantum machines.

Microsoft stock slides Tuesday after retaking its 200-day moving average. Shares are well below their all-time high of 555.45.

By Stephen Nellis SAN FRANCISCO, June 2 (Reuters) - Microsoft on Tuesday unveiled a new quantum computing chip that it redesigned with the help of AI, saying it now believes it will have commercially

Microsoft is leaning on AI to help it fight back against hackers.

Microsoft is leaning on AI to help it fight back against hackers.