Artificial intelligence

Technology

Salesforce Delivers a SaaSpocalypse Reality Check

Photo via Andrew Schwartz/SIPA/Newscom

Salesforce points to record revenue of $11.1 billion and its own embrace of artificial intelligence to dispel SaaSpocalypse worries.

2 min read

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Semiconductors

Huawei’s Chip Plans: Ambitious or Unrealistic?

The Chinese company was blacklisted from receiving advanced semiconductor technology in 2019 over national-security concerns.

1 min read
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Artificial Intelligence

Grads Get Rude Welcome from Job Market Battered by AI-Fueled Tech Layoffs

Meta, Oracle, Amazon, and Coinbase have all made major layoffs as tech-sector job cuts surge past 111,000 for the year, per Layoffs.fyi.

2 min read
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ETF Upside

New Leveraged ETFs to Target AI, Semiconductor Manufacturing

Two prominent providers are bringing 2x strategies to the world of software investing.

1 min read

Energy

NextEra Energy Predicts Dominion Takeover Will Reduce Customers’ Power Bills

Photo via Kendall Warner/TNS/Newscom

The smaller company in the deal, Dominion Energy, powers the world’s data center capital in northern Virginia.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Andrey Krav via iStock

Advisor Upside

Why Advisors Are Betting on AI Infrastructure Over Apps

Even legacy tech companies like Intel and Dell Technologies are riding the AI wave with major stock gains this year.

5 min read
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Enterprise AI

Corning Hits Record High After Signing Up AI Clients

Corning, the company that invented Pyrex, is commanding Wall Street’s attention as a supplier of fiber optics for AI.

1 min read
Photo via Tom Williams/CQ Roll Call/Newscom

Big Tech

Meta Lags Rival Hyperscalers as Investors Grow Wary of Surging CapEx

Meta is planning a spending spree later in this year, raising its expected annual capital expenditures from $115 billion to $135 billion.

2 min read

Energy

Sweating It Out: Data Centers Plus Summer Heat Raises Power Bills, Blackout Risk

Photo illustration by Connor Lin / The Daily Upside, Photo by Alptraum via iStock

The US electrical grid isn’t ready for the double whammy of peak air conditioner usage and peak data center power needs. What happens now?

4 min read

Artificial Intelligence

In CapEx Manifesto, Amazon CEO Defends Billions in AI Investments

Photo via Kyodo/Newscom

In his annual shareholder letter, Amazon CEO Andy Jassy doubled down on massive AI investments and took a few swipes at rivals.

2 min read

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