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Dell Surges 9% After Tripling AI Server Forecast, Backlog Hits $95 Billion

Dell shares jumped 9% on September 1 after raising its fiscal 2027 AI server forecast to triple, with order backlog reaching $95 billion.

Anthropic Signs $35 Billion Cloud Deal With Nvidia-Backed Lambda

Anthropic has agreed to a $35 billion cloud computing deal with Nvidia-backed Lambda, adding to a rapid series of AI compute commitments.

Global Bond Selloff Pushes Yields to Highest Levels Since 2008

A worldwide bond selloff has pushed government yields to their highest since 2008, raising mortgage, loan and financing costs for households and businesses

John Ternus Takes Over as Apple CEO, Ending Cook’s 15-Year Run

John Ternus became Apple's CEO on Tuesday, ending Tim Cook's 15-year run as the company faces AI pressure and rising memory prices.

Global Bond Yields Hit Multi-Decade Highs as Iran Conflict Revives Inflation Fears

Bond yields surged across major markets on September 1 as US-Iran hostilities revived energy and inflation fears, driving Japan and UK rates to decades-hig

Seagate Targets 100TB Hard Drive by 2030 to Meet AI-Era Data Demands

Seagate is aiming to launch a 100-terabyte hard drive by 2030, nearly tripling the capacity of its current flagship model, the 36-terabyte Exos M....

Amazon Unveils Advanced Warehouse Robot with Human-Like Touch

Amazon has unveiled a groundbreaking warehouse robot named Vulcan, capable of performing tasks previously reserved for human workers thanks to a unique sense of...

Semiconductor Industry Faces Uncertainty Amid US Tariffs and China Export Curbs

The world’s largest semiconductor firms are grappling with significant uncertainty during earnings season, as changing U.S. tariff policies and expanding export restrictions to China...

Uber Posts Q1 2025 Earnings Beat Despite Revenue Miss, Highlights Autonomous Vehicle Growth

Uber reported first-quarter 2025 results that exceeded analysts’ expectations for earnings but came in just short on revenue projections. The company posted earnings of...

Russell Westbrook Launches Eazewell: AI-Powered Funeral Planning Startup

NBA superstar Russell Westbrook has entered the tech world by launching Eazewell, a startup focused on simplifying funeral planning through artificial intelligence. The venture...

Figma Unveils AI Feature for Automated Website and App Creation

Figma, a design software startup, has launched a new artificial intelligence feature aimed at automating the process of building websites and applications. The feature,...

Alphabet and Apple Stocks Decline Amid AI Search Engine Shift and Lawsuit Impact

Shares of Alphabet and Apple dropped on Wednesday after Apple’s services chief, Eddy Cue, expressed concerns that AI-driven search engines could eventually replace traditional...

AMD CEO Discusses China Market and Export Control Impact on AI Growth

Advanced Micro Devices (AMD) CEO Lisa Su has emphasized that China remains a "large opportunity" for the semiconductor and artificial intelligence (AI) industries, despite...

Democrats Target Trump’s Crypto Ventures as Key Legislation Moves Forward

Democrats are intensifying their scrutiny of President Donald Trump's cryptocurrency ventures as a key vote approaches on the GENIUS ACT, a bill aimed at...

Trump Administration to Rescind U.S. AI Chip Export Restrictions, Boosting Innovation

The Trump administration is preparing to rescind the U.S. chip export restrictions, known as the "AI diffusion rule," effectively preventing these artificial intelligence semiconductor...

AppLovin Shares Surge Following Strong Earnings and Mobile Gaming Business Sale

AppLovin’s shares surged by as much as 15% in after-hours trading after the company reported strong earnings for the first quarter and announced the...

Arm Shares Drop After Weak Guidance for Upcoming Quarter

Arm's shares dropped more than 8% in after-hours trading on Wednesday after the chip-design company issued a weaker-than-expected revenue and earnings forecast for the...

Apple Seeks Stay on Ruling in Case Against Epic Games Over In-App Payment Commissions

Apple is requesting a court to pause a recent ruling in its ongoing case against Epic Games, which would prevent Apple from charging commissions...

Nintendo Forecasts 15 Million Switch 2 Sales, Expects Strong Growth Despite Tariff Concerns

Nintendo has announced its sales forecast for the upcoming Switch 2 console, expecting to sell 15 million units during the fiscal year ending in...

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