Jim Chanos warns IREN is taking "all the risk" in Microsoft AI deal, claiming it will "decrease EPS" with returns below its cost of capital.
Enthusiasm about artificial intelligence and the companies that produce AI services has been overflowing for months.
Tokyo’s benchmark Nikkei 225 index tumbled more than 4% on Wednesday and other shares in Asia also sank after a retreat on Wall Street spurred by selling of Big Tech shares. U.S.
Bitcoin mining platform turned AI data center infrastructure provider, IREN, announced that it successfully secured a 5-year ...
Palantir Technologies has built a fervent base of support among retail investors who have sent the stock soaring nearly 2,000% above its $10 opening price from a direct listing five years ago.
Tuesday’s slump highlights how much a handful of megacap tech companies have helped swing markets. The S&P 500 is up 1.7% ...
The stock is up about 23% year to date, roughly matching the return of the Nasdaq Composite. It has outperformed the Nasdaq ...
Tech giant Microsoft ($MSFT) recently ran afoul of a major issue in artificial intelligence (AI) infrastructure: a lack of ...
Stocks fell on Wall Street, pulled down by losses in the same big tech companies that have been the main drivers of the ...
Microsoft's total revenue climbed by 18% year over year to $77.7 billion, with adjusted earnings per share (EPS) jumping 23% to $4.13. The results bested analyst estimates of $75.3 billion in revenue ...
Palantir stock sold off after earnings despite solid results, while comments from bank CEOs have raised concerns about a more severe pullback.
Shares of Palantir fell more than 8% after market open on Tuesday, leading a broader market decline after the software firm ...