Investing
Meta, Microsoft Cut Jobs as AI Investments Escalate
Meta plans to lay off 10% of its workforce, while Microsoft offers early retirement buyouts, both amid massive AI development spending.
#AI 43 articles
World Business
China’s Chip Ambitions Reshape Global Tech
US export curbs have propelled China's semiconductor industry, focusing on 'good-enough' tech that's increasingly powering global markets and challenging Western dominance.
Stocks
Hisense Reports 38% Sales Growth in Western Europe
Hisense, a global home appliance brand, achieved a 38% sales uplift in Western Europe, driven by NIQ’s AI-powered market intelligence. This collaboration...
Finance
Insurity Challenges ‘Agentic AI’ Hype, Demands Carrier Cost Cuts
Insurity challenges legacy core system vendors' "agentic AI" promises, arguing they fail to deliver real cost and timeline reductions for insurance carriers....
Stocks
Exponent Projects High Single-Digit Revenue Growth Fueled by AI Demand
Exponent anticipates high single-digit net revenue growth for FY 2026, projecting an EBITDA margin between 27.6% and 28.1%, driven by robust AI-related...
Markets
Intel Stock’s Meteoric Rise: What’s Driving It and Is It Overbought?
Intel's stock has quadrupled in a year, fueled by AI demand and manufacturing progress. However, some metrics suggest the rally may be...
Stocks
Amazon Bets Rufus AI Assistant Will Dominate Agentic Commerce
Amazon's CEO Andy Jassy highlighted Rufus, the AI shopping assistant, as a key differentiator in the burgeoning agentic commerce race, leveraging deep...
Stocks
AI Risks to Amplify Chip-Software Stock Divide
A Markets Pulse survey indicates AI risks will widen the performance gap between chipmakers and software providers, despite a general tech stock...
Stocks
Stocks Decline on AI Hopes Fading and Oil Price Spike
Major U.S. stock indexes closed lower Tuesday, dragged down by technology shares amid concerns over AI investment returns and a significant rise...