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CoreWeave’s Stunning Rally Creates Prove-It Moment for Earnings
Bloomberg92d agobullish
CoreWeave’s Stunning Rally Creates Prove-It Moment for Earnings

(Bloomberg) -- CoreWeave Inc. shares are on a scorching run in 2026 as demand for computing capacity to power artificial intelligence keeps growing. But now investors want to see some proof that the neo-cloud provider is executing on its ambitious plans. Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealChina Asks Banks to Paus

Reuters92d agoneutral
Quantum Motion raises $160 million to build quantum computers from standard silicon transistors

Quantum Motion on Thursday said it raised $160 million to fund its effort to build a quantum computer that is ‌smaller, cheaper and more energy efficient than rivals using standard silicon chipmaking techniques. Quantum ‌computers hold the promise of solving problems that regular computing machines cannot. Unlike the transistors in an everyday computer that can only represent a zero or a one at any given time, a qubit can represent both at once.

Bloomberg92d agoneutral
Kimi Chatbot Maker Moonshot AI Valued at $20 Billion in Meituan-Led Round

(Bloomberg) -- Moonshot AI has raised about $2 billion in its latest funding round, signaling growing investor appetite for Chinese startups rivaling Silicon Valley’s leaders. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksSony to Pay Almost $4 Billion for Bieber, Neil Young Cata

Bloomberg92d agoneutral
Top Trump Aide Says Administration Won’t Pick Winners in AI Race

(Bloomberg) -- White House Chief of Staff Susie Wiles said the US government would refrain from choosing winners and losers in artificial intelligence, the latest signal from a top aide to President Donald Trump as his administration prepares new AI policy directives.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agent

Anthropic Is Making Its Claude Chatbot More Appealing to Consumers
Bloomberg93d agoneutral
Anthropic Is Making Its Claude Chatbot More Appealing to Consumers

(Bloomberg) -- Artificial intelligence startup Anthropic PBC, which originally aimed its Claude chatbot at businesses, is looking to capitalize on recent inroads with consumers by making the software more appealing to everyday people.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services Task

Bloomberg93d agoneutral
Anthropic Is Making Its Claude Chatbot More Appealing to Consumers

(Bloomberg) -- Artificial intelligence startup Anthropic PBC, which originally aimed its Claude chatbot at businesses, is looking to capitalize on recent inroads with consumers by making the software more appealing to everyday people.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitDOJ Plans Intervention in Trump Supreme Court Carroll AppealAnthropic Unveils AI Agents to Field Financial Services Task

ARM Q4 Earnings Call Highlights
MarketBeat93d agoneutral
ARM Q4 Earnings Call Highlights

Arm (NASDAQ:ARM) reported record results for the fourth quarter of fiscal 2026 and the full fiscal year, pointing to accelerating momentum in cloud AI and growing customer interest in its recently launched Arm AGI CPU product family. Record quarter and full-year results CEO Rene Haas said Arm “deli

Meta asks California judge to throw out landmark social media addiction verdict
Reuters93d agoneutral
Meta asks California judge to throw out landmark social media addiction verdict

Meta Platforms has asked a Los Angeles judge to throw out a jury’s verdict finding the company liable for a woman’s ‌depression in a landmark trial over whether the company has harmed young users by ‌designing its platforms to be addictive. In the filing, submitted on Monday but made public on Wednesday, Meta asked the judge ​who oversaw the trial to overturn the verdict and rule in its favor or order a new trial. The jury in March found that Meta and YouTube parent Google had been negligent in the design of their platforms and had failed to warn users of their dangers.

Google moves to avert EU fines with offer in news search case, Bloomberg News reports
Reuters93d agoneutral
Google moves to avert EU fines with offer in news search case, Bloomberg News reports

Google has proposed modifications to the way it presents ‌news results on its search ‌engine, aiming to prevent additions to the 9.5 ​billion euros ($11.16 billion) in competition fines it has accumulated from the European Union, Bloomberg News reported on Wednesday. The company could avoid a formal order to change its business practices and potential fines under the Digital Markets Act if its ‌offer, which includes ​amendments to its anti-spam ​policies, is ​approved by market rivals ‌and EU regulators, the report ​said. Google did not immediately respond to ​a Reuters ‌request for comment.

Anthropic unveils 'dreaming' feature to help its AI agents self-improve
Reuters93d agoneutral
Anthropic unveils 'dreaming' feature to help its AI agents self-improve

SAN FRANCISCO, May 6 () - Artificial intelligence lab Anthropic on Wednesday touted a new ‌feature for its Claude AI, which it ‌calls "dreaming." Available as a research preview, "dreaming" comes with its software for ​managing agents, or AI programs that perform tasks with little human involvement.

Flex Q4 Earnings Call Highlights
MarketBeat93d agoneutral
Flex Q4 Earnings Call Highlights

Flex (NASDAQ:FLEX) used its fiscal fourth-quarter earnings call to outline plans to separate its Cloud and Power Infrastructure (CPI) segment into a new publicly traded company, while also reporting record quarterly margins and issuing a fiscal 2027 outlook that reflects sharply higher capital spend

Microsoft may shelve 2030 clean energy target as AI lifts power use, Bloomberg News reports
Reuters93d agoneutral
Microsoft may shelve 2030 clean energy target as AI lifts power use, Bloomberg News reports

Microsoft is considering delaying or abandoning its 2030 goal of matching its entire hourly ‌electricity use with renewable energy purchases, Bloomberg News ‌reported on Wednesday, citing people familiar with the matter. The expensive and ​energy-intensive push for data centers is reshaping the feasibility of Microsoft's climate commitments that were made before the AI era and rank among the industry's most ambitious targets, the ‌report said. The discussions were ⁠ongoing and no final decision has been made, Bloomberg News added.

Chip Stocks Look Set to Extend Rally
The Wall Street Journal93d agobullish
Chip Stocks Look Set to Extend Rally

Chipmakers are the most actively traded U.S. stocks ahead of the opening bell, setting the stage for another tech-led rally. In recent premarket action: Intel (INTC) is the most traded stock by volume, according to Dow Jones Market Data, and is up about 6%.

Nvidia Is Facing More Competition and It’s Spooking Investors
Bloomberg93d agobearish
Nvidia Is Facing More Competition and It’s Spooking Investors

(Bloomberg) -- This earnings season has delivered plenty of good news for the artificial intelligence trade, but instead of bidding up Nvidia Corp. shares, investors have been dumping them.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksTrump Pauses Plan to Guide Ships While Seeking Iran DealWhite House Weighs AI Working Group, Model Testi

Schneider Electric to launch Southeast Asia training hub in Malaysia
Reuters93d agoneutral
Schneider Electric to launch Southeast Asia training hub in Malaysia

French energy technology firm Schneider Electric plans to open a Southeast Asian training centre in ‌Malaysia this year, a senior executive said on Wednesday, as ‌a boom in artificial intelligence infrastructure drives up power demand in the region. Southeast Asia's ​data centre capacity is expected to grow threefold by 2030, according to analysts, with Malaysia emerging as a major hotspot, attracting investments from tech giants such as Microsoft, Amazon and Alphabet's Google in recent years.

How High Will Intel Stock Go?
The Wall Street Journal93d agoneutral
How High Will Intel Stock Go?

After another dizzying rally yesterday, Intel shares closed at $108.15 a share. With the latest 13% gain, the back-in-favor-again chip giant can claim these accolades: Its market cap of $544 billion, a record for the company, now exceeds that of Oracle and Johnson & Johnson, according to Dow Jones Market Data.

Exclusive-Rivian mulls making its own lidar sensors, possibly in partnership with Chinese firms
Reuters94d agobullish
Exclusive-Rivian mulls making its own lidar sensors, possibly in partnership with Chinese firms

Rivian Automotive is considering making its own lidar sensors and could do so in partnership with a Chinese firm, CEO ‌RJ Scaringe said in an interview with Reuters on Tuesday. Rivian said that a version of its R2 vehicles coming later this year would include lidar sensors, which help self-driving vehicles gain a three-dimensional view of the road. Rivian did not disclose who would supply it with lidar sensors, which on demonstration vehicles were much smaller than the large, spinning units found on the streets of San Francisco and other cities in ‌robotaxis designed by Alphabet's Waymo.

How High Will Intel Stock Go?
The Wall Street Journal94d agoneutral
How High Will Intel Stock Go?

After another dizzying rally on Tuesday, Intel shares now stand at $108.15 a share. With the latest 13% gain, the back-in-favor-again chip giant can claim these accolades: Its market cap of $544 billion, a record for the company, now exceeds that of Oracle and Johnson & Johnson, according to Dow Jones Market Data.

David Sacks Says AI Could Drive 75% Of US GDP Growth As Morgan Stanley Sees Big Tech AI Capex Surging Past $800 Billion In 2026
Benzinga94d agoneutral
David Sacks Says AI Could Drive 75% Of US GDP Growth As Morgan Stanley Sees Big Tech AI Capex Surging Past $800 Billion In 2026

On Sunday, former White House AI and crypto czar David Sacks said artificial intelligence is rapidly becoming one of the most powerful drivers of the U.S. economy as Morgan Stanley raised its forecast for hyperscaler AI infrastructure spending. Morgan Stanley Projects Massive AI Capex Boom From Big Tech Morgan Stanley now expects Amazon.com Inc., Alphabet Inc., Meta Platforms Inc., Microsoft Corp. and Oracle Corp. to collectively spend about $805 billion in capital expenditures in 2026, up from

Anthropic commits to spending $200 billion on Google's cloud and chips, the Information reports
Reuters94d agoneutral
Anthropic commits to spending $200 billion on Google's cloud and chips, the Information reports

May 5 () - Anthropic has committed to spend $200 billion with ‌Google Cloud over five years ‌as part of a recent agreement, the ​Information reported on Tuesday, citing a person with knowledge of the matter. The commitment indicates that the AI ‌startup represents ⁠more than 40% of the "revenue backlog" Google disclosed to ⁠investors last week, reflecting contractual commitments from its cloud customers, ​according to ​the report.

Veteran fund manager picks best Mag 7 stock for 2026
TheStreet94d agoneutral
Veteran fund manager picks best Mag 7 stock for 2026

Last week’s tech earnings put investors’ attention back on AI spending and whether it’s actually paying off. One megacap stands out, surging nearly 10% over the past five trading days, the best five-day performance among the Magnificent 7 stocks. That’s Alphabet. The stock is up 22% year to date as ...