Quarterly earnings at tech giants Meta and Microsoft surged, indicating that multi-billion dollar AI investments are starting to pay off.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
The top 10 stocks have reached a weight not seen since the 1970s, with their market cap accounting for about one-third of the entire index.
Impersonation frauds were the most common scams reported to the FTC in 2023, accounting for $2.7 billion in losses.
In an era when seemingly every tech company is vying to win the AI race, power has become the name of the game.
After serving as the driving force for a blistering market rise, the so-called Magnificent Seven have taken an epic stumble in 2025.
Sony said Tuesday that Playstation 5 sales rose over the past fiscal year, but it lowered its sales guidance over the next year.
Microsoft wants its language models to be a little more adaptable.
The platform says it plans to identify and label content created by other AI tools, like Adobe’s Firefly and OpenAI’s Dall-E.
Patenting this kind of tech could benefit Google in more ways than one.
Microsoft may want its language models to prove their worth.
The FTC estimates its ban will help create 8,500 new businesses and increase average annual worker wages by $524.
Does the AI hype actually hold any substance? As long as you don’t get distracted by shiny things, these venture capitalists say.
“People are freaked out. And with uncertainty comes cautiousness with capital-heavy investments.”
Hedge funds are still all in on the AI boom that drove the Magnificent Seven’s gains, they just think it’s creating value elsewhere now.
“There are still going to be things that classical computers are better at.”
Last Tuesday, content conglomerate Thomson Reuters notched a big legal win against AI firm ROSS. Is it a sign of what’s to come?