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Forkast News53m agoneutral
The 9th Circuit’s Browser Analogy Leaves a Liability Vacuum

On August 4, 2026, the 9th U.S. Circuit Court of Appeals issued a ruling in Amazon v. Perplexity AI (No. 26-1444) that fundamentally alters the legal landscape for the agentic economy. In a decision authored by Circuit Judge Milan Smith, the court vacated a preliminary injunction that had previously blocked Perplexity’s Comet AI shopping agent […]

AI CapEx fears: Is big tech overspending?
Yahoo Finance Video5h agoneutralVIDEO
AI CapEx fears: Is big tech overspending?

Host Kenny Polcari joins Man Group Chief Market Strategist Kristina Hooper and Legato Financial CIO Ryan Kelly to debate the risks of massive AI CapEx spending and how a hawkish Federal Reserve could impact markets ahead of the midterms.

Bloomberg5h agoneutral
Tech Melt-Up Drives $3.5 Trillion Nasdaq 100 Gain in Four Days

(Bloomberg) -- A dramatic turnaround in technology stocks has powered a $3.5 trillion increase in the Nasdaq 100’s market capitalization in just four days, driven by strong earnings that have emboldened investors about the AI outlook.Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealTaco Bell Met With Michigan on Parasite Weeks Before RecallBeer Dynasty Families Sell €731 Million Stake in AB InBevChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersS

AI demand pushes Foxconn's monthly revenue to record in July
Reuters7h agoneutral
AI demand pushes Foxconn's monthly revenue to record in July

Monthly revenue at Taiwanese contract electronics manufacturer Foxconn hit a record ‌in July, surpassing T$900 billion ($27.93 billion) for ‌the first time as strong demand for AI products boosted sales, ​the company said on Wednesday. Foxconn, a major supplier to Nvidia and Apple, said revenue last month rose 54.2% from a year earlier to T$946.5 billion. Its cloud ‌and networking products division, ⁠which includes AI servers, saw strong growth, benefiting from "strong pull-in momentum for AI ⁠products", the company said.

Bloomberg7h agoneutral
Nvidia Partner Hon Hai’s Sales Rise 54% on Strong AI Demand

(Bloomberg) -- Hon Hai Precision Industry Co. reported a 54.2% increase in monthly sales, signaling sustained demand in global AI infrastructure buildout by customers such as Nvidia Corp.Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealTaco Bell Met With Michigan on Parasite Weeks Before RecallBeer Dynasty Families Sell €731 Million Stake in AB InBevChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersSpaceX’s AI Splurge Puts a Damper on Debut Earni

Here's When SpaceX Expects $1 Trillion in Annual Revenue
Barrons.com17h agoneutral
Here's When SpaceX Expects $1 Trillion in Annual Revenue

SpaceX CEO Elon Musk said on Tuesday evening that SpaceX expects to generate $1 trillion in sales by 2030, up from prior projections of 2031. Second quarter sales were $7.8 billion. Currently, Wall Street projects $320 billion in revenue for 2030 for Elon Musk's rocket and AI company.

Bloomberg22h agoneutral
Apple Gears Up for September iPhone Launch With Retail Employee Lottery

(Bloomberg) -- With Apple Inc. gearing up for its biggest product launch of the year, the company is opening a lottery for US retail employees who want to help staff the in-person unveiling.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersTaco Bell Met With Michigan on Parasite Weeks Before RecallQatar, US Signal Progress on Hormuz-Focused Iran DealApple’s New CEO Taps Retired Hardware Executive for Ma

Apple vs. Alphabet: The $5 Trillion AI Bet That’s Renting, Not Building
Insider Monkey22h agoneutral
Apple vs. Alphabet: The $5 Trillion AI Bet That’s Renting, Not Building

Apple (NASDAQ:AAPL) touched a $5 trillion market cap last week before its fiscal third quarter report landed on July 30. You are watching a stock that spent much of last year lagging the AI trade suddenly leading it, and the reason comes down to how Apple chose to play the AI buildout differently than everyone […]

Siri’s Success Could Force Apple to Spend More on AI
The Wall Street Journal23h agoneutral
Siri’s Success Could Force Apple to Spend More on AI

Apple may soon need to make up its mind about spending on AI. It resisted developing its own AI models, relying instead on OpenAI to fuel its AI strategy under a 2024 deal. Earlier this year, it abandoned OpenAI in favor of Google’s Gemini, which is set to power a revamped AI-infused version of its Siri digital assistant.

Can NFLX Stock Compound Its Way Higher?
Trefis1d agoneutral
Can NFLX Stock Compound Its Way Higher?

While the market focuses on streaming wars, a different category is quietly inflecting inside the business. Monthly players for cloud games have increased 11x since last October. This adoption is already outpacing the company's earlier push into mobile games, suggesting a new engagement engine is taking hold.

Here Are Tuesday’s Top Wall Street Analyst Research Calls: Apple, CoreWeave, eBay, Exxon Mobil, Intuit, Nebius Group, Palantir Technologies, SK hynix, and More
24/7 Wall St.1d agoneutral
Here Are Tuesday’s Top Wall Street Analyst Research Calls: Apple, CoreWeave, eBay, Exxon Mobil, Intuit, Nebius Group, Palantir Technologies, SK hynix, and More

Pre-Market Stock Futures: Futures are trading higher after a solid start to August, with all major indices finishing higher on Monday. The President tapping the brakes on attacks on Iran and a return to the negotiating table, combined with massive technology earnings and tumbling oil prices, was just the ticket for traders and investors to ... Here Are Tuesday’s Top Wall Street Analyst Research Calls: Apple, CoreWeave, eBay, Exxon Mobil, Intuit, Nebius Group, Palantir Technologies, SK hynix, and