Therese Poletti’s Tech Tales: AI stole the show this year, but earnings will drag Wall Street back to reality
Companies are beefing up spending on their own AI capabilities, all while AI revenues largely have yet to materialize
The Ratings Game: ‘Unprecedented’ AI server buildout may be happening too quickly, this analyst warns
Forecast for data-center server growth exceeds any that occurred during the rise of the internet, so while long-term is positive, risk of overbuilding is high.
: Nvidia says China AI chip ban could result in delays, transition of operations
Nvidia Corp. NVDA said late Tuesday a widened U.S. ban on AI tech products to China could delay its current rollout, but did not foresee...
: Viking Therapeutics’ stock rallies following early drug study data
Viking Therapeutics Inc. VKTX shares rose in the extended session Tuesday after the biotech drug developer said data from an early stage clinical study showed...
: Roblox asks staff to work three days a week in the office
Metaverse player Roblox Corp. RBLX says it is “transitioning away” from remote work and will be asking “a number of our remote employees to begin...
: Terex’s stock slides as hiked outlook falls short of Street view
Shares of Terex Corp. TEX declined in the extended session Tuesday after the crane and construction equipment company’s hiked outlook fell short of Wall Street...
ESMA warned crypto investors on Tuesday: find out more
ESMA says MiCA will take time to be fully implemented. Crypto investors, therefore, remain at risk in the meantime. Bitcoin is trading well under the...
: 5 charts that show how the housing market crashed and burned in 18 months
The 'fastest Fed-driven housing slowdown on record' has slowed the U.S. housing market with elevated prices and higher monthly mortgage payments.
Market Extra: ‘Bond math’ shows traders bold enough to bet on Treasurys could reap dazzling returns with little risk
As investors snap up long-dated Treasurys following a historic rout that has seen the price of some issues cut in half, some traders are using...