Oracle Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Aug. 12, 2026. Michael Nagle | Bloomberg | Getty Images Oracle‘s shares jumped in premarket trading on Friday after it reported 30% revenue growth in its fiscal first quarter, fueled by strong demand for its cloud…
Kevin Mandia testifies during a Senate Intelligence Committee hearing on Capitol Hill on February 23, 2021 in Washington, DC. Drew Angerer | Getty Images Amazon said Kevin Mandia, the founder and former CEO of cybersecurity company Mandiant, is joining its board of directors. In a blog post on Wednesday, Amazon referred to Mandia as a…
Corning and Qualcomm rallied on Tuesday and brought a host of AI-related stocks along with them, as a pair of infrastructure deals lifted Wall Street’s confidence that data center spending will remain strong. Chipmakers Intel and Advanced Micro Devices gained 9% and 6% respectively, while Hewlett Packard Enterprise climbed 8% and photonics company Coherent added…
Inside one of Equinix’s internal operations at Equinix Data Center in Ashburn, Virginia, on May 9, 2024. Amanda Andrade-Rhoades | The Washington Post | Getty Images The backlash against artificial intelligence data centers could prove a tailwind for real estate investment trusts in the sector. Protests have sprung up nationally as hyperscalers look to build…
Qualcomm shares rose 4% on Tuesday after the company announced a data center infrastructure partnership with Amazon Web Services, a major win as the chipmaker tries to take on Nvidia in the artificial intelligence market. As part of the agreement, Qualcomm said in a filing with the Securities and Exchange Commission that it issued Amazon…
An Amazon cargo plane crashed after overshooting the runway at Miami International Airport (MIA) in Miami, Florida, on Sept. 6, 2026. The Boeing 767-300, operated by 21 Air as Prime Air Flight 7598, overshot the runway and burst into flames on Sunday, killing at least five people and shutting down the airport’s runways. Eva Marie…
India Prime Minister Narendra Modi, left, with OpenAI CEO Sam Altman, center, and Anthropic CEO Dario Amodei at the AI Impact Summit in New Delhi on Feb. 19, 2026. Ludovic Marin | Afp | Getty Images First, Anthropic updated Fable and Mythos. Then came model enhancements from Meta and Google. OpenAI followed suit by releasing…
Stocks kicked off September on shaky footing as higher oil prices and Treasury yields tested investors’ appetite for some of the market’s biggest artificial intelligence winners. For the week, the S & P 500 eked out a 0.1% gain, while the Nasdaq gained 0.4%, recovering from a rough start to the historically difficult month of…
A Walmart delivery van parked in front of the Walmart Torrance Market, on April 3, 2025 in Torrance, California. Jay L Clendenin | Getty Images News | Getty Images Walmart will soon be able to bring you an iced coffee and a maple doughnut — from Dunkin’. The nation’s largest retailer announced this week it…
For Alexander Lee, back-to-school shopping used to mean hours spent comparing prices, reading reviews, and figuring out where to buy a growing list of supplies for his two kids. “The pens and pencils are not that big of a deal,” Lee said in a CNBC interview ahead of the Labor Day weekend. Things like “calculators,…
