An Evercore ISI economist criticizes Citrini's AI report, calling its assumptions “extreme and improbable”, but says it's a thought-provoking exercise
IBM shares closed down 13.15% after Anthropic outlined in a blog post how Claude Code can automate the exploration and analysis phases of COBOL modernization
International Business Machines stock is getting slammed Monday, becoming the latest perceived victim of rapidly developing AI technology …
An Evercore ISI economist criticizes Citrini's AI report, calling its assumptions “extreme and improbable”, but says it's a thought-provoking exercise
Most of the sell-side has remained hilariously silent at a mere Substacker seemingly shaking markets, even though the anguish and frustration is almost palpable.
IBM shares closed down 13.15% after Anthropic outlined in a blog post how Claude Code can automate the exploration and analysis phases of COBOL modernization
Microsoft unveils the Maia 200, its second-generation AI accelerator built on TSMC's 3nm process, deploying today in its Azure US Central data center region
The Maia 200 chip is starting to roll out to Microsoft's data centers today. … Microsoft is announcing a successor to its first in-house AI chip today, the Maia 200.
Microsoft unveils the Maia 200, its 2nd-generation AI accelerator built on TSMC's 3nm process, deploying today in its Azure US Central data center region
The Maia 200 chip is starting to roll out to Microsoft's data centers today. … Microsoft is announcing a successor to its first in-house AI chip today, the Maia 200.
Netflix reports Q4 revenue up 18% YoY to $12.05B, vs. $11.97B est., 325M subscribers, 2025 revenue up 16% to $45.2B, and will spend 10% more on content in 2026
Netflix Inc. delivered fourth-quarter results that largely beat Wall Street estimates but issued a cautious forecast for the months ahead …
Netflix reports Q4 revenue up 18% YoY to $12B vs. $11.97B est., 325M paid subs, 2025 revenue up 16% to $45.2B, plans to increase content spend by 10% in 2026
Netflix Inc. delivered fourth-quarter results that largely beat Wall Street estimates but issued a cautious forecast for the months ahead …
Microsoft changes its data center approach, pledging to pay its own power costs, reject tax breaks, and replenish more water than it uses, amid local opposition
President Trump was right about Microsoft — but he only leaked part of the story. — Microsoft is changing its approach to building …
Trump says that Microsoft will “ensure” Americans don't have higher power bills due to data centers and Big Tech must “pay their own way” for their data centers
- President Donald Trump asks tech companies to “pay their own way” for their data centers.
Salesforce: online Black Friday sales grew 6% YoY to $79B globally, including $3B in US sales driven by AI agents; Adobe: US online sales rose 9.1% to $11.8B
Joan Verdon is a veteran retail reporter based in Northern New Jersey. — Consumers spent record amounts online on Black Friday …
Sources: Trump's team recently discussed letting Nvidia sell H200 chips to China, a major departure from the administration's earlier public stances
If It Happens Emily Jarvie / Proactive : US weighs allowing Nvidia to sell H200 chips to China, sources say Ukrainian National News : Trump's team considers allowing Nvidia H200 ch...
Samsung, TSMC, SoftBank, SK Hynix, and others closed as much as 10% down, matching their US peers, as investors worry over stretched AI and tech valuations
Shares in Japan's SoftBank Group closed 10% lower on Wednesday, amid a broader drop in AI-linked companies as investors turned wary …
Amazon reports Q3 AWS revenue up 20% YoY to $33B, vs. $32.42B est., and AWS operating income up 9.5% YoY to $11.4B
Amazon said Thursday that revenue in its cloud computing business increased 20% in the third quarter, exceeding analysts' estimates. — Revenue at Amazon Web Services for the thir...
Apple reports Q4 revenue up 8% YoY to $102.47B, vs. $102.24B est., net income up 86% to $27.5B, and FY 2025 revenue up 6% to $416.16B
Apple reported fiscal-fourth quarter earnings on Thursday that beat analyst expectations, and provided a strong forecast for the company's December quarter.
Intel reports Q3 revenue up 3% YoY to $13.7B, vs. $13.2B est., and net income of $4.1B, vs. a net loss of $16.6B in Q3 2024; INTC jumps 7%+
Intel reported better-than-expected revenue on Thursday, signaling that demand for its core x86 processors for PCs has recovered. The stock jumped 6% in extended trading.
Sources: Intel is in early-stage talks to add AMD as a foundry customer, but it lacks the technology to produce AMD's most advanced chips; INTC closed up 7.12%
Rohan Goswami / Semafor :
Sources: Nvidia and AMD agreed to pay the US government 15% of H20 and MI308 chip revenue from China sales, as a condition of export licenses granted last week
Chipmakers agree to unusual arrangement to secure export licences from Trump administration — Nvidia and AMD have agreed …
Microsoft Q3: revenue up 13% YoY to $70.1B, vs. $68.42B est., Microsoft 365 Commercial products and cloud services up 11%, and Q4 revenue forecast above est.
Microsoft Cloud and AI Strength Drives Third Quarter Results — REDMOND, Wash. — April 30, 2025 — Microsoft Corp. today announced …
President Trump will have dinner with the top 220 holders of the TRUMP memecoin on May 22, according to the memecoin's website; TRUMP jumps 50%+
President Donald Trump will have dinner with the top 220 holders of the Trump memecoin, the issuers of the cryptocurrency announced on Wednesday.