Business-Tech on Cowlpane

Nvidia embraces role of AI investor, pushing past $40 billion in equity bets this year

Sat, 09 May 2026 16:41:22 +0000

Originally published by CNBC Technology

Nvidia is pouring billions of dollars at a time into companies across the AI infrastructure stack, while also signing commercial deals with them.

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Trump Media Posts $405 Million Loss Driven by Crypto Holdings

Sat, 09 May 2026 14:25:52 +0000

Originally published by Bloomberg Technology

The Trump family media group posted a net drop of $405.9 million in the first quarter, largely driven by unrealized losses in cryptocurrencies held by the company.

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ECB’s Escrivá Says AI Risks Prompt Finance Infrastructure Review

Sat, 09 May 2026 13:22:05 +0000

Originally published by Bloomberg Technology

Central banks must review the resilience of financial infrastructure given the rise of artificial intelligence, as well as defend their role as the ultimate guarantor against risks posed by stablecoins, said European Central Bank Governing Council member José Luis Escrivá.

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Kenya Plans Taxes on Phones, Banking Fees to Raise $1 Billion

Sat, 09 May 2026 13:03:59 +0000

Originally published by Bloomberg Technology

Kenya plans taxes on mobile phones and banking fees to help raise nearly $1 billion in revenue in an effort to trim the nation’s fiscal deficit to its lowest in a decade and tackle debt challenges.

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ByteDance Targets 25% Rise in AI Infrastructure Spending: SCMP

Sat, 09 May 2026 07:23:59 +0000

Originally published by Bloomberg Technology

ByteDance Ltd. has boosted planned spending on artificial intelligence infrastructure this year by 25% to 200 billion yuan ($29.4 billion), as memory chip costs rise and the TikTok owner ramps up its AI presence, the South China Morning Post reported on Saturday.

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A morning with Shoair Mavlian, director of The Photographers’ Gallery

Sat, 09 May 2026 04:00:14 +0000

Originally published by Financial Times Technology

How to survive — and thrive — as an arts organisation at a time of AI imagery, funding cuts and ‘woke’ backlash

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Chinese Export Growth Rebounds as War Fails to Curb Trade

Sat, 09 May 2026 03:09:20 +0000

Originally published by Bloomberg Technology

China’s export growth rebounded more than expected despite disruptions to shipping caused by the war in Iran, as trade volumes swell due to an investment boom in artificial intelligence.

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China’s Top Economic Planner Urges Stronger Coordination on AI

Sat, 09 May 2026 02:32:17 +0000

Originally published by Bloomberg Technology

China’s leading economic planning agency called for stronger coordination and top-level planning in artificial intelligence development.

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Judge to Review Musk, SEC Settlement Deal in Twitter Stake Case

Fri, 08 May 2026 22:50:29 +0000

Originally published by Bloomberg Technology

A federal judge is asking for more information about a proposed settlement between Elon Musk and the US Securities and Exchange Commission, after the billionaire agreed to pay $1.5 million to end a lawsuit alleging he waited too long to disclose his growing stake in Twitter.

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Jim Cramer says 'it's not to late' to own AI winners powering the market

Fri, 08 May 2026 22:35:36 +0000

Originally published by CNBC Technology

Photo by SONIA KAPS on Unsplash

CNBC’s Jim Cramer said the AI-driven rally has dominated the market, and next week will test whether investors keep rewarding the winners.

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Chip Stock Surge Sends Markets to Record Highs | The Close 5/8/2026

Fri, 08 May 2026 22:25:21 +0000

Originally published by Bloomberg Technology

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are Kestra Investment Management CIO Kara Murphy, Precision Neuroscience CEO Michael Mager, Carlyle’s Jason Thomas, Fmr. National

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Intel shares soar on Apple chip deal report. Here's why it signals a total pivot for chipmaking

Fri, 08 May 2026 22:18:30 +0000

Originally published by CNBC Technology

Photo by Rubaitul Azad on Unsplash

Samsung, Intel and Taiwan Semiconductor are the only three companies in the world capable of manufacturing the most advanced chips needed for AI.

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Nvidia Names Goldman Sachs Veteran Suzanne Nora Johnson to Board

Fri, 08 May 2026 21:00:28 +0000

Originally published by Bloomberg Technology

Nvidia Corp. named former Goldman Sachs Group Inc. Vice Chairman Suzanne Nora Johnson as a director, adding a finance-industry and philanthropy veteran to the chipmaker’s board.

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Honeywell-Backed Computing Firm Quantinuum Files for US IPO

Fri, 08 May 2026 20:22:44 +0000

Originally published by Bloomberg Technology

Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., filed for a US initial public offering, capitalizing on enthusiasm around quantum computing stocks.

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Wall Street sees 'changing of the guard in AI' as Intel, AMD shares soar while Nvidia lags

Fri, 08 May 2026 20:07:35 +0000

Originally published by CNBC Technology

Intel, AMD and Micron surged double digits this week as investors bet on CPU makers and memory companies powering the next stage of AI

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AWS data center outage hits trading on FanDuel, Coinbase — recovery to take hours

Fri, 08 May 2026 19:51:01 +0000

Originally published by CNBC Technology

The cloud platform says it is currently working to resolve the outage, caused by overheating at a data center in Northern Virginia.

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QVC Shareholders Claim Firm Giving Their Value to Creditors

Fri, 08 May 2026 18:58:43 +0000

Originally published by Bloomberg Technology

Shareholders of bankrupt television shopping network QVC accused the company of wrongly trying to divert hundreds of millions of dollars’ worth of assets to creditors as part of a proposal to cut debt and end the company’s insolvency case.

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Yahoo Pays Up to Refinance $1.6 Billion of Buyout-Tied Debt

Fri, 08 May 2026 16:38:19 +0000

Originally published by Bloomberg Technology

Yahoo Inc. raised $1.6 billion from a loan and bond deal to refinance debt tied to its acquisition by Apollo Global Management after offering investors one of the highest-yielding deals of the year.

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Some College Finals Delayed After Canvas Online Platform Hacked

Fri, 08 May 2026 16:12:23 +0000

Originally published by Bloomberg Technology

Disruptions for college students are set to drag into the weekend after hackers briefly took down an online platform used by thousands of schools around the world, from Princeton University in the US to the University of Manchester in the UK and the Universidad del Desarrollo in Chile.

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Akamai stock soars 20% on earnings, $1.8 billion AI infrastructure deal

Fri, 08 May 2026 15:05:24 +0000

Originally published by CNBC Technology

Cybersecurity and cloud computing firm Akamai reported first-quarter earnings on Thursday and saw its cloud infrastructure business grow 40% year-on-year.

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Cloudflare stock sinks 24% after earnings as company cuts 1,100 employees due to AI changes

Fri, 08 May 2026 14:41:22 +0000

Originally published by CNBC Technology

The cloud provider announced it is laying off 20% of its workforce as agentic artificial intelligence “fundamentally changes” the company’s work.

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Intel CEO Who Won Over Trump and Musk Now Needs a Breakthrough

Fri, 08 May 2026 10:15:11 +0000

Originally published by Bloomberg Technology

After Lip-Bu Tan became chief executive officer of Intel Corp. in March of last year, the struggling company’s shares went nowhere for seven months while the chipmaker was getting trounced in the market for artificial intelligence.

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Sony targets double-digit profit growth despite slowdown in PlayStation 5 sales amid memory price crunch

Fri, 08 May 2026 09:20:46 +0000

Originally published by CNBC Technology

Photo by James Feaver on Unsplash

While hardware sales took a hit in Sony’s fourth-quarter, strong revenue from its image sensing and music businesses offset the dip.

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US businesses urge Trump to intervene over new EU consumer rules

Fri, 08 May 2026 08:46:55 +0000

Originally published by Financial Times Technology

American companies fear an update to Brussels’ ‘Product Liability Directive’ will make it easier for consumers to sue

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Tech stocks could offer their best value in years, analysts say, after stellar earnings season

Fri, 08 May 2026 07:34:09 +0000

Originally published by CNBC Technology

Photo by Infrarate.com on Unsplash

A succession of strong earnings seasons since then has allowed tech stocks to “grow into” their stock prices.

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Nintendo hikes Switch 2 prices and expects console sales to decline as memory crunch bites

Fri, 08 May 2026 07:28:13 +0000

Originally published by CNBC Technology

Photo by Aedrian Salazar on Unsplash

Nintendo said the price of the Switch 2 in the U.S. will rise from $449.99 to $499.99. In Japan, Nintendo will hike the price from 49,980 yen to 59,980 yen.

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US Said to Suspect Nvidia Chips Smuggled to Alibaba Via Thailand

Fri, 08 May 2026 06:34:29 +0000

Originally published by Bloomberg Technology

A key company behind Thailand’s national AI effort is suspected of helping to smuggle billions of dollars worth of Super Micro Computer Inc. servers containing advanced Nvidia Corp. chips to China, with Alibaba Group Holding Ltd. one of multiple end customers, according to people familiar with the m

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Anthropic weighs deal for near $1tn valuation as revenue surges

Fri, 08 May 2026 04:00:14 +0000

Originally published by Financial Times Technology

Start-up behind Claude tool is fielding inbound investment offers that could lead to it surpassing rival OpenAI in value

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Big Tech’s $725bn AI spending spree sends free cash flow to a decade low

Fri, 08 May 2026 04:00:14 +0000

Originally published by Financial Times Technology

Photo by UNICEF on Unsplash

Silicon Valley giants have transformed from asset-light cash machines to huge infrastructure investors

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In OpenAI trial, former technology chief says Altman sowed 'chaos,' distrust among top executives - Reuters

Fri, 08 May 2026 02:28:59 +0000

Originally published by Reuters Technology

In OpenAI trial, former technology chief says Altman sowed ‘chaos,’ distrust among top executivesReuters

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Tech boom brings emerging markets and their rich cousins closer together

Fri, 08 May 2026 00:00:00 +0000

Originally published by Financial Times Technology

Photo by Yash Jeebaun on Unsplash

Asian manufacturers supplying the picks and shovels of the AI bonanza could be on a more durable footing

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