Private credit stocks plummet on concern about exposure to software industry disrupted by AI
Shares of stocks with significant private credit market exposure were diving on fears about exposure to the industries being disrupted by artificial intelligence, including software.
Apple adds agents from Anthropic and OpenAI to its coding tool
Apple is introducing agentic coding to Xcode, jumping into one of the biggest trends in technology.
Intel is moving into GPUs and has hired a chief architect, CEO Lip-Bu Tan says
Nvidia and AMD are leaders in the GPUs, which power large language models and have skyrocketed in demand with the data center buildout.
This data center power play is about to report earnings, and it has room to run, charts show
Bloom Energy is slated to report earnings on Thursday. The stock could rise further from here, according to the charts.
U.S. military says it shot down Iranian drone that ‘aggressively approached’ aircraft carrier
U.S. Central Command said the drone approached the USS Abraham Lincoln in the Arabian Sea with “unclear intent.”
Nvidia’s Jensen Huang denies OpenAI deal rumors: ‘There’s no drama’
Nvidia CEO Jensen Huang said the chipmaker’s plan to invest in OpenAI remains “on track.”
Paris prosecutor’s cybercrime unit searches X office, Musk summoned
France’s raid and summoning of Musk are linked to an investigation into suspected abuse of algorithms and fraudulent data extraction by X or its executives.
JPMorgan’s favorite stocks for February
The bank is adding an industrial real estate company and removing some retailers from its monthly list.
Cisco has finally surpassed its dotcom bubble high. Is the reinvented stock a buy from here?
Today’s Cisco looks little like the hardware-centric growth engine that briefly became the world’s most valuable company at the height of the internet mania.
Novo Nordisk shares tumble after company warns of sales hit this year
The company is banking on its Wegovy pill and next-generation weight loss injectable CagriSema to recapture share of the key U.S. market.
