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Broadcom stock reverses lower on a misinterpretation of what the CEO said on the earnings call

Broadcom stock reverses lower on a misinterpretation of what the CEO said on the earnings call

Broadcom on Thursday evening reported another strong quarter and better-than-expected guidance for the current quarter. Nonetheless, the Club stock gave up its initial pop and traded sharply lower as the Q & A session of the post-earnings conference call kicked off. Investors were apparently not satisfied with CEO Hock Tan’s answer to an important question. […]

Broadcom stock reverses lower on a misinterpretation of what the CEO said on the earnings call Read More »

Oracle’s lease commitments jump by almost 150% as company builds out to meet AI demand

Oracle’s lease commitments jump by almost 150% as company builds out to meet AI demand

Oracle CEO Clay Magouyrk, center, speaks on a media tour of the Stargate data center in Abilene, Texas, on Sept. 23, 2025. Stargate is a collaboration of OpenAI, Oracle and SoftBank, with promotional support from President Donald Trump, to build data centers and other infrastructure for artificial intelligence throughout the US. Kyle Grillot | Bloomberg

Oracle’s lease commitments jump by almost 150% as company builds out to meet AI demand Read More »

Trump signs executive order for single national AI regulation standard, limiting power of states

Trump signs executive order for single national AI regulation standard, limiting power of states

U.S. President Donald Trump looks on, as he signs an executive order on AI in the Oval Office at the White House in Washington, D.C., U.S. Dec. 11, 2025. Al Drago | Reuters President Donald Trump signed an executive order Thursday issuing a single regulation framework for artificial intelligence, undermining the power of individual states.

Trump signs executive order for single national AI regulation standard, limiting power of states Read More »

Palantir sues former employees, says Percepta AI CEO set out to ‘pillage’ top developers

Palantir sues former employees, says Percepta AI CEO set out to ‘pillage’ top developers

CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit on the campus of Carnegie Mellon University in Pittsburgh, Pennsylvania on July 15, 2025. Andrew Caballero-reynolds | Afp | Getty Images Palantir expanded its lawsuit against two former employees on Thursday to include the CEO of their new artificial intelligence startup, Percepta

Palantir sues former employees, says Percepta AI CEO set out to ‘pillage’ top developers Read More »

Trump ‘sells out’ U.S. national security with Nvidia chip sales to China, Sen. Warren says

Trump ‘sells out’ U.S. national security with Nvidia chip sales to China, Sen. Warren says

Sen. Elizabeth Warren, D-Mass., speaks during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on President Donald Trump’s nominees to lead the National Economic Council, Consumer Financial Protection Bureau and Federal Housing Finance Agency, on Capitol Hill in Washington, Feb. 27, 2025. Annabelle Gordon | Reuters President Donald Trump’s decision to let Nvidia

Trump ‘sells out’ U.S. national security with Nvidia chip sales to China, Sen. Warren says Read More »

Sam Altman expects OpenAI to exit ‘code red’ by January after launch of GPT-5.2 model

Sam Altman expects OpenAI to exit ‘code red’ by January after launch of GPT-5.2 model

Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business through AI” in Tokyo, Japan, on February 03, 2025. Tomohiro Ohsumi | Getty Images OpenAI on Thursday announced its most advanced artificial intelligence model, GPT-5.2, and said it’s the best offering yet for

Sam Altman expects OpenAI to exit ‘code red’ by January after launch of GPT-5.2 model Read More »

Rivian announces new AI tech, in-house chip and robotaxi ambitions

Rivian announces new AI tech, in-house chip and robotaxi ambitions

Rivian debuted new tech at its first “Autonomy and AI Day” on Thursday in Palo Alto, California. Credit: Rivian Electric vehicle maker Rivian Automotive has developed a custom chip, car computer and new artificial intelligence models that will enable it to bring self-driving features to its forthcoming vehicles, the company revealed at its first “Autonomy

Rivian announces new AI tech, in-house chip and robotaxi ambitions Read More »

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