Browsing: tech stocks
Borrowing by AI companies represents a ‘mounting potential threat to the financial system’: Zandi
Tech companies are issuing more debt now than before the dot-com crash as a rapid infrastructure buildout unfolds in the…
Nvidia CEO says U.S. data centers take 3 years, but China ‘can build a hospital in a weekend’
Nvidia CEO Jensen Huang said China has an AI infrastructure advantage over the U.S., namely in construction and energy.While the…
Amazon employees warn company’s AI ‘will do staggering damage to democracy, our jobs, and the earth’
Amazon employees are sounding the alarm on AI in an open letter addressed to CEO Andy Jassy and the company’s…
‘Big Short’ investor Michael Burry revives a short bet against Tesla, calling the stock is ‘ridiculously overvalued’
The Big Short investor who predicted the 2008 housing market crash said EV maker Tesla is “ridiculously overvalued” and warned…
U.S. stocks lift on the last day of November as Wall Street eagerly awaits the results of Black Friday
U.S. stocks opened with gains on the final trading day of November.The S&P 500 rose 0.2% and needs a slightly…
Nvidia stock was down 2.59% yesterday, and it’s now down 7% for the month. The negativity continued this morning: the…
Deloitte allegedly cited AI-generated research in a million-dollar report for a Canadian provincial government
A Canadian government-commissioned Deloitte health care report that cost one province nearly $1.6 million contains potentially AI-generated errors, marking the…
‘Dr. Doom’ Nouriel Roubini breaks with the crowd on the AI bubble, saying the U.S. is headed for a ‘growth recession’ and not a market crash
For nearly two decades, esteemed economist Nouriel Roubini has worn the nickname “Dr. Doom” with honor. He earned it in…
As Google eyes exponential surge in serving capacity, analyst says we’re entering ‘stage two of AI’
Google’s AI infrastructure boss warned the company needs to scale up its tech to accommodate a massive influx of users…
Wall Street eyes a possible culprit in this week’s head-spinning stock market reversal: Bitcoin
Nvidia’s blockbuster earnings late Wednesday set up the stock market for a ferocious rebound as the chipmaker appeared to ease…












