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The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.74%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.29%. June E-mini S&P futures (ESM26 ) fell -0.78%, and June E-mini Nasdaq futures...
Wells Fargo Sees Lower Third Party Reliance Ahead
The S&P 500 and Nasdaq Composite fell for the first time in 10 sessions on Wednesday. The S&P 500 fell 0.7%, while the Nasdaq dropped 0.9%. The Dow fell 617 points, or 1.2%. The big three indexes also snapped a streak of five sessions in which they all finished the day with closing highs.
Adobe (ADBE) is eyeing two internal candidates and has also tapped a well-known search firm to find
The S&P 500 and Nasdaq could close lower for the first time in more than two weeks, and big tech stocks were a big reason why. The S&P was down 0.6%, while the Nasdaq was down 0.9%. The Dow was down 416 points, or 0.
Two shareholder proposals requested independent reports on whether Palantir’s software contributes to human rights abuses by government clients.
Phia’s Phoebe Gates with 37 East 18th Street (Getty, LinkedIn, Google Maps)Phoebe Gates’ fast-growing AI shopping startup has found a new home in the Flatiron District. Phia, the AI-powered price comparison platform founded by Microsoft co-founder Bill Gates’ youngest daughter and her Stanford classmate Sophia Kianni, signed a lease for the 8,900-square-foot penthouse at 37 East 18th Street, The Real Deal has learned. The length of the lease and asking rent at the newly redeveloped office buildi
Build conference highlights Microsoft's expanding AI ecosystem.
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.
Intel (NASDAQ:INTC) is dominating semiconductor headlines again, riding CHIPS Act drama, a U.S. government equity stake, and CEO Lip-Bu Tan’s sweeping turnaround narrative. Intel’s Financials Tell a Different Story Strip away the headlines and the numbers are ugly. Q1 fiscal 2026 revenue came in at $13.58 billion, up 7.2% year over year, but Intel posted ... Forget Intel: Buy This Ultra-Efficient, Cash-Generative Semiconductor Juggernaut Instead
The artificial intelligence boom has created plenty of winners, but one company sits at the center of it all. Every major AI player — Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO), Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), and Alphabet (NASDAQ:GOOG) — depends on a single manufacturer to turn advanced chip designs into physical products: Taiwan Semiconductor ... Warren Buffett Bought the World’s Most Dominant AI Company — Then Sold It Within 6 Months
Hidden inside Meta's (META) massive advertising machine is a product suite already at a $20 billion annual revenue run rate. This value optimization suite, adopted by businesses for its performance, has more than doubled in the last year. It represents a powerful new layer of monetization, scaling quietly beneath the surface of the core social apps.
The European Commission's Cloud and AI Development Act would bar Amazon, Google, and Microsoft from critical state tenders and triple EU data center capacity
Microsoft (NasdaqGS:MSFT) has launched new healthcare and life sciences AI collaborations, including a frontier clinical reasoning model co-developed with Mayo Clinic. The company also announced partnerships with Cortechs.ai, First Foundation Labs, and Causaly to embed advanced AI into clinical workflows and R&D. Microsoft introduced seven new in-house AI models, including its first reasoning model, MAI-Thinking-1, developed by its superintelligence team. The company restructured its OpenAI...
On June 1, CNBC reported that Berkshire Hathaway (NYSE:BRK-B) invested an additional $10 billion in Alphabet (NASDAQ:GOOGL) through a private stock purchase, deepening its bet on artificial intelligence. The move makes Berkshire Hathaway a meaningful participant in Alphabet’s larger $80 billion equity raise aimed at funding AI infrastructure and global computing capacity expansion. This is Berkshire’s ... Buffett’s Berkshire Hathaway Just Made its First Major AI Investment: Here’s the Next AI Bu
Impax Asset Management, an investment management firm based in London, specializing in sustainable investing, released its first-quarter 2026 investor letter for its “Impax Global Environmental Markets Fund”. A copy of the letter is available to download here. The Fund stood resilient in the quarter by outperforming its primary benchmark, the MSCI ACWI index. The stock […]
They've proven to be two of the most thorough tech companies in the world.
The MAI model family spans reasoning, coding, image, voice, and transcription — and lets Microsoft avoid paying third parties like OpenAI
Brown Advisory, an investment management company, released its “Brown Advisory Global Leaders Strategy” for the first quarter of 2026 investor letter. A copy of the letter can be downloaded here. The strategy focused on delivering strong long-term performance by investing in a focused portfolio of companies that solve customer problems and provide good returns for […]
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.
Project Solara, the RTX Spark Dev Box, and MAI Thinking-1 mark Microsoft's push to control the end-to-end AI stack
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