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CloudFlare announced its first large-scale layoff. CEO Matthew Prince says because of AI efficiency gains, the company doesn't need as many support roles.

Micron Technology and Sandisk stock continued their historic rally this week, thanks to a flurry of headlines signaling overwhelming demand and limited supply for memory. Micron, the memory chip maker, jumped 11% Friday, putting it on pace to end the week up 32%. Sandisk which specializes in flash memory, rose 12% Friday.

Cloud computing businesses are spending a ton now, but will reap the rewards later.

Marvell Technology (MRVL) has rallied close to 80% year-to-date as the market rotated back toward AI infrastructure names.

Shares of IREN Limited (NASDAQ:IREN) are climbing Friday, extending a powerful run after the company unveiled a transformational partnership with NVIDIA (NASDAQ:NVDA). IREN stock changed hands near $61, building on a 5% opening pop. The reaction follows an 8-K filed May 7 at 9:05 p.m. ET detailing a $3.4 billion AI Cloud contract alongside a five-year ... IREN Jumps 7% on $3.4 Billion NVIDIA AI Cloud Deal, $2.1 Billion Share Investment Option

Galloway’s Defense of Apple’s Cash Choice On the latest Prof G Markets, Scott Galloway defended Apple (NASDAQ: AAPL) for authorizing a fresh $100 billion share repurchase while peers spend record sums on AI infrastructure. He framed Apple as the owner of “custody of the billion most important consumers in the world and wealthiest” and predicted ... Apple’s $100 Billion Bet: Could Buying Back Stock Beat Building AI Data Centers

The former Bitcoin miner reports steeper-than-expected losses in the first quarter as it transitions to developing AI data centers.

Several stock market leaders have emerged after the April 8 follow-through day. Some are starting to pull back in IBD Sector Leaders.

Stocks (^GSPC, ^DJI, ^IXIC) are taking a breather after notching record highs yesterday, while the 30-year Treasury yield (^TYX) edges closer to 5%. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the key market moves investors should be watching.

Meituan's venture arm led the round as Moonshot's annual recurring revenue topped $200 million in April.

CoreWeave reports Thursday as investors watch revenue acceleration, backlog, margins and capital spending after a sharp AI-driven rally.

(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

Tech stocks are in focus amid an earnings bonanza, layoffs, and AI spending plans.