This week was a rollercoaster ride for the market, with several major companies reporting their quarterly earnings. From Palantir Technologies posting an ‘otherworldly’ Q2 to SpaceX reporting its first quarterly earnings since its public debut, the week was filled with surprises. Advanced Micro Devices…
The expansion of artificial intelligence (AI) infrastructure is accelerating at an unprecedented rate. According to a recent analysis, data-center investment growth is “building at close to twice the pace” of the mid-2000s housing boom. This breakneck speed presents a severe…
JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon is reportedly urging corporate leaders to join a U.S.-focused industry group aimed at addressing AI-related risks as businesses rapidly adopt artificial intelligence. Dimon has personally contacted CEOs of major banks, regional lenders,…
Despite serving different core markets, Microsoft Corp. (NASDAQ:MSFT) and Apple Inc. (NASDAQ:AAPL) have long competed fiercely in operating systems, consumer hardware and enterprise software, leading to a history of rivalry between their leaders. Apple co-founder Steve Jobs likened Microsoft to…
