Nvidia Meta $3 billion is the headline figure in a deepened artificial intelligence partnership announced on Tuesday, October 27, as the chipmaker agreed to invest $3 billion in Meta’s equity offering while the two companies expand their work on the Muse AI assistant and related models. The deal, reported by Reuters and Dow Jones, ties … Read more
The Anthropic IPO filing landed on Monday morning and immediately sharpened Wall Street’s central debate: whether the artificial intelligence boom is still a sound investment, or whether the industry is spending faster than it can earn. Wall Street’s main indexes edged higher on Monday, led by technology shares, as investors assessed the filing at the … Read more
Stock futures SpaceX telecom news drove Friday’s premarket action, as Wall Street futures ticked lower after a sharp selloff in AI-linked stocks — and telecom shares slid on fears of new competition from SpaceX. AT&T, Verizon, and T-Mobile were down more than 4% in premarket trading after a report said SpaceX was in talks with … Read more
Nasdaq futures dropped sharply Thursday as investors braced for a volatile premarket session, with weak results and spending cuts from Tesla and Meta reigniting fears about the durability of the artificial-intelligence boom. Nasdaq 100 futures fell about 1.9%, a drop of more than 500 points, while S&P 500 futures slipped roughly 1.1% and Dow futures … Read more