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The most searched is one of Warren Buffett's favorites.
Dow futures fall as Nvidia turned lower late despite strong earnings and guidance. The S&P 500 is back above its 50-day line.
The software sell-off has set up some good buying opportunities.
OpenAI has hired Ruoming Pang, a high-profile AI researcher at Meta, who had joined the company from Apple about seven months ago, The Information reported on Wednesday, citing an OpenAI spokesperson. Meta and OpenAI did not immediately respond to Reuters' requests for comment. Pang oversaw artificial intelligence infrastructure for Meta's Superintelligence Labs, which is developing the company's next generation of AI models.
Amazon's plan to invest up to $50 billion in OpenAI could depend on whether the AI developer goes public or achieves an artificial general intelligence (AGI) milestone, The Information reported on Wednesday, citing people familiar with the matter. Under terms still being negotiated, Amazon would invest $15 billion upfront, with an additional $35 billion contingent on Microsoft-backed OpenAI hitting an AGI milestone or pursuing an IPO, according to the report. Additionally, SoftBank and Nvidia each plan to invest $30 billion in three installments over the year as part of the funding round, the Information added.
Amplitude's new AI analytics platform could be a game changer.
Kicking off earnings reports for quantum computing stocks, IonQ reported Q4 profit and revenue that topped views amid an acquisition spree.
STORY: U.S. stocks ended higher on Wednesday, with the Dow gaining about six-tenths of a percent, the S&P 500 adding eight-tenths of a percent and the tech-heavy Nasdaq climbing roughly one-and-a-quarter percent.The tech-led rally came as markets near the end of a tumultuous month marked by concerns over massive AI spending and disruption among software and other companies.Brian Mulberry is chief market strategist at Zacks Investment Management.“We're seeing a little bit of a recovery in the software stocks leading the Nasdaq a little bit higher. I think we've kind of gotten to a realization that software isn't dead, and that's evidenced by a deal that was announced yesterday, Anthropic actually working directly with Microsoft, giving them 10 new plug-ins to some of their programming that Microsoft can then use in their agentic platform on the Azure cloud business.”Stocks on the move Wednesday included AI powerhouse Nvidia, whose quarterly results have become a focal point for investors. Shares of the chipmaker closed almost a percent and a half higher and climbed further in extended trading after the company forecast first-quarter revenue above market estimates.Other movers included taser-maker Axon Enterprise, which jumped more than 17% after the company beat fourth-quarter profit estimates.On the flip side, shares of GoDaddy tumbled more than 14% after the internet services provider forecast annual revenue below Wall Street expectations.
Much has been made of AI cloud giants like Amazon.com, Microsoft, and Alphabet extending their depreciation schedules on AI servers from four years to six years, saving on cost-of-revenue in the near term.
On Monday, "Big Short" investor Michael Burry, known for his high-profile bet against the U.S. housing market, said that today's artificial intelligence surge, led by Nvidia Corp (NASDAQ:NVDA), could follow a boom-and-bust pattern similar to the 1920s radio craze. AI Boom Compared To RCA's Historic Collapse Burry over the weekend drew parallels between the current AI frenzy and the speculative surge around Radio Corporation of America nearly a century ago. "In the 1920s there was radio mania foc
Zoom is increasingly squeezed by rivals such as Microsoft's Teams and Alphabet's Google Meet, which come bundled with broader workplace suites that often make them cheaper for enterprise customers. Despite a push to diversify its offerings, Zoom has been grappling with slowing growth as pandemic-era work-from-home arrangements decline and employees return to offices. While its enterprise business has shown resilience, the online segment, which serves individual consumers and small businesses, has remained a weak spot.
Jensen Huang delivered a 73% revenue surge while quietly dumping $12.8 billion into Groq, proving that when you own the factories of the industrial revolution, you set the price for everyone else
NVIDIA corporate headquarters NVIDIA corporate headquarters in Silicon Valley Record quarterly revenue of $68.1 billion, up 20% from Q3 and up 73% from a year agoRecord quarterly Data Center revenue of $62.3 billion, up 22% from Q3 and up 75% from a year agoRecord full-year revenue of $215.9 billion, up 65% SANTA CLARA, Calif., Feb. 25, 2026 (GLOBE NEWSWIRE) -- NVIDIA (NASDAQ: NVDA) today reported record revenue for the fourth quarter ended January 25, 2026, of $68.1 billion, up 20% from the pre
Dividend stocks generate passive income even when the market is falling.
US equities rose for the second straight day on Wednesday, with technology outperforming other secto
Representatives of firms including Amazon.com Inc., Meta Platforms Inc., Microsoft Corp. and Google parent Alphabet Inc. are expected to attend a March 4 event with the president, a White House official said. Others on the invite list include Elon Musk’s xAI Corp., Oracle Corp. and OpenAI Inc.
Justin Kramm, a Cannes Grand Prix-winning creative director whose career includes global campaigns for Nike, Red Bull, Intel, and Microsoft, has launched Shitshow Creative, a global collective of comedians, filmmakers, and designers helping mission-driven brands tell stories people actually want to watch.
Everpure (NYSE: PSTG), the company revolutionizing storage and data management, today announced financial results for its fiscal fourth quarter and full year 2026 ended February 1, 2026.
Tech stocks were higher late Wednesday afternoon, with the State Street Technology Select Sector SPD
His latest SEC filing reveals that the venture capitalist's hedge fund sold its entire stock portfolio last quarter.
Vanguard stands as the premier provider of exchange-traded funds (ETFs) and mutual funds, delivering low-cost access to virtually any investment objective an investor may have. Its index-based approach minimizes fees while covering broad markets, sectors, and styles with transparency and efficiency. With seemingly endless options available across its lineup, investors face a wide array of ... Why Smart Investors Are Loading Up on This Top Vanguard ETF Right Now
Software stocks are in bear market territory with some of the industry’s biggest names about to report earnings. What to expect next.
The iPhone maker and its suppliers have begun to develop U.S. manufacturing capabilities for chips, a crucial goal of two U.S. presidents.
Marquee names have trimmed their stakes in iPhone maker Apple.
AI Confidence Quietly Reshapes Capital Flows