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Bloomberg22d agoneutral
ASML Raises Full-Year Outlook as AI Boosts Demand at Chipmakers

(Bloomberg) -- ASML Holding NV lifted its annual sales forecast for the second time this year as a surge in artificial intelligence spending drives demand for the Dutch company’s chip-making machines. Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeTrump Drops 20% Fee for Hormuz Cargo After Gulf Pressure‘We Faltered’: IBM Plunges Most Since at Least 1968 on MissOpenAI’s First Device Will Be Mov

Microsoft CEO adds fuel to Palantir CEO’s AI warning
TheStreet22d agoneutral
Microsoft CEO adds fuel to Palantir CEO’s AI warning

It turns out that Palantir (PLTR) CEO Alex Karp’s thunderous warning about the AI industry wasn’t a one-off rant. Over the past couple of years, the word "AI" has become like a broken record, heard at least once almost every day, often followed by a wave of anxiety. What has happened amid all the ...

OpenAI’s Growing Challenges Narrow Its IPO Window
The Wall Street Journal23d agoneutral
OpenAI’s Growing Challenges Narrow Its IPO Window

OpenAI is in an IPO pickle. A year ago, the idea of an OpenAI listing would have had Wall Street salivating, with relatively few reservations about its large financial losses or questions about its leadership. After surviving an attempted ouster two years prior, chief Sam Altman had carved OpenAI into his nascent industry’s undisputed king and hitched himself closely to the much wealthier Microsoft to bankroll growth.

Reuters23d agoneutral
Portugal seeks high-value data centres, not to become Europe's dumping ground

Portugal is keen to attract data centres that generate economic benefits and boost productivity and not ‌become a dumping ground for power-hungry projects with limited returns ‌for the country, Infrastructure Minister Miguel Pinto Luz said on Tuesday. • The country is ​emerging as a key European data-centre hub, with more than 2.6 gigawatts under development, led by the 1.2-GW Start Campus project in Sines, backed by Microsoft AI infrastructure investments, with the pipeline expected to grow substantially. • ‌As opposition to data ⁠centres grows in parts of the world, particularly in the United States, the minister said Portugal will only ⁠support such investments if they deliver measurable productivity gains and real benefits for the economy.

Bloomberg23d agoneutral
CleanSpark Agrees 20-Year Data-Center Lease for $6.6 Billion

(Bloomberg) -- Bitcoin miner CleanSpark Inc. has agreed to a 20-year infrastructure lease for a data center at its Sandersville campus in Georgia for $6.6 billion in contracted revenue. Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleDisney Exiting Streaming Could Spur 40

Bloomberg24d agoneutral
Intel Invests €5 Billion in Irish Hub to Keep Up in AI Chip Race

(Bloomberg) -- Intel Corp. is spending €5 billion ($5.7 billion) to expand its plant in Ireland, as the chipmaker attempts to regain its manufacturing dominance for the AI boom.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirement System Backed by Larry FinkUS Renews Iran Strikes as Both Sides Dispute Hor

Bloomberg24d agoneutral
Apple’s $600 Billion Rally Fueled by Traders Fleeing AI Selloff

(Bloomberg) -- Investors are flocking back to Apple Inc. as nervousness about artificial intelligence spending weighs on the stocks of chipmakers and cloud-computing giants. Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirement System Backed by Larry FinkUS Renews Iran Strikes as Both Sides Dispute Hormuz

Microsoft's retirement offer is a wake-up call for workers
TheStreet26d agoneutral
Microsoft's retirement offer is a wake-up call for workers

About 8,750 Microsoft employees recently had roughly 30 days to decide whether their savings could support walking away from their careers for good. The company's first-ever Voluntary Retirement Program offered eligible workers cash severance, years of healthcare coverage, and continued stock ...

Starbucks tries something it failed at before
TheStreet26d agoneutral
Starbucks tries something it failed at before

Ten months ago, in September 2025, Starbucks walked into 11,000 stores with NomadGo’s inventory Artificial Intelligence (AI) tool that promised 99% accuracy and counted up to eight times faster than a human. After 9 months, in May 2026, according to Reuters, an internal newsletter retired the ...

UK to regulate cloud service providers Microsoft, Google and others to protect financial stability
Reuters27d agoneutral
UK to regulate cloud service providers Microsoft, Google and others to protect financial stability

LONDON, July 10 () - Britain has designated cloud service providers Microsoft, Google, Amazon and Oracle as ‌critical third-party suppliers to its financial sector, bringing them ‌under direct regulatory oversight. The move is aimed at strengthening the resilience ​of financial firms by reducing the risk of widespread disruption from cyber attacks or technology outages.

Bloomberg27d agoneutral
Big Tech Doubles Debt Load to $350 Billion in AI Spending Spree

(Bloomberg) -- The largest builders of artificial intelligence data centers have doubled their debt load in the last five years, turning to borrowing to finance an unprecedented spending spree they claim is needed to transform the economy. Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsZuckerberg Pledges ‘Aggressive’ Pricing With Meta’s First Pay-to-Use AITrump Vents Anger With Iran and

SK Hynix's US listing, Delta earnings, housing bill: What to Watch
Yahoo Finance Video27d agoneutralVIDEO
SK Hynix's US listing, Delta earnings, housing bill: What to Watch

Asking for a Trend Host Josh Lipton previews several of the biggest stories to come tomorrow, Friday, July 10, including SK Hynix (000660.KS) making its debut on the Nasdaq, Delta Air Lines (DAL) earnings, monthly sales results from Taiwan Semiconductor Manufacturing Co. (TSM), and the pending approval of Congress' housing affordability bill.

Microsoft offers laid-off employees generous package
TheStreet27d agoneutral
Microsoft offers laid-off employees generous package

Tech layoff announcements follow a predictable script. A company memo goes out. The number of jobs cut makes the headlines. Executives talk about realigning for the future. Then the story moves on, and the people who just lost their income are left sorting through the details on their own. ...

Meet the leadership of the Fed's new task forces
Yahoo Finance Video27d agoneutralVIDEO
Meet the leadership of the Fed's new task forces

Federal Reserve Chairman Kevin Warsh has revealed the leadership of the US central bank's new task forces to review monetary policy and even communication on the Fed's interest rate messaging. Yahoo Finance Senior Fed Reporter Jennifer Schonberger breaks down who the new task force leaders are.