IREN CEO Says $30 Billion AI Capex Plan Doesn’t Require New Equity
IREN posted a $684 million net loss in its fiscal fourth quarter. It also outlined up to $30 billion in…
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Bernstein: Meta’s Ad Business Could Overtake Google Search Revenue by End of 2026
Meta's advertising revenue grew 27% in Q2, narrowing the gap with Google Search to $3.9 billion. Analyst firm Bernstein says…
Tim Cook steps down as Apple CEO after 15 years, hands reins to John Ternus
Tim Cook's last day as Apple CEO is Monday, Aug. 31, closing out 15 years in the role. Hardware chief…
Micron trades at third-lowest S&P 500 multiple despite tripling this year
Micron Technology shares have more than tripled this year, yet the chipmaker trades at just above six times forward earnings…
Nvidia confirms $3.5 billion MediaTek investment in expanded AI partnership
Nvidia and MediaTek confirmed Monday that Nvidia has put $3.5 billion into MediaTek convertible bonds, putting an official number on…
