AMD, Qualcomm, Arm Back Wayve With New Funding to Accelerate Driverless AI
AMD, Qualcomm, and Arm have invested in autonomous driving startup Wayve, reinforcing growing demand for AI-powered vehicle technology.
AMD, Qualcomm, and Arm have invested in autonomous driving startup Wayve, reinforcing growing demand for AI-powered vehicle technology.
Allbirds shares skyrocketed after the struggling footwear brand announced a pivot to AI infrastructure, signaling a dramatic shift in its business model.
The SEC approved the removal of the $25,000 minimum requirement for pattern day traders, expanding access to active trading for retail investors.
Amazon agreed to acquire Globalstar to strengthen its low Earth orbit satellite network and accelerate direct-to-device connectivity. The move intensifies competition with SpaceX’s Starlink.
Amazon reported AI-related cloud revenue above $15 billion and said its chip business now exceeds $20 billion annually. The update highlights growing momentum in its infrastructure strategy.
Meta Platforms shares rose 7% after unveiling its new AI model Muse. The launch signals renewed momentum in the company’s artificial intelligence strategy.
U.S. equities shed roughly $650 billion as investors react to an approaching Trump deadline. Rising oil prices and geopolitical uncertainty are weighing on markets.
Warren Buffett said Berkshire Hathaway has earned over $100 billion from its Apple investment. He signaled the firm is ready to deploy cash if markets decline.
SpaceX is targeting a valuation of more than $2 trillion in its upcoming IPO, according to reports. The listing could become the largest in stock market history.
SpaceX has reportedly filed confidentially for an IPO, with a potential listing as early as June. The move could kick off a wave of major tech offerings.
Alphabet shares could rise as much as 40% as Google strengthens its position in artificial intelligence, according to Wells Fargo. Analysts cite improving monetization and AI leadership potential.
SpaceX is preparing to file for an initial public offering as soon as this week, with reports suggesting a potential raise of over $75 billion. The listing could become one of the largest IPOs in history.
U.S. equities lost nearly $1 trillion in market value shortly after the opening bell as major indexes fell across the board. The decline hit large-cap tech and small-cap stocks alike.
Asian markets tumbled amid rising geopolitical tensions and energy supply fears. South Korea’s KOSPI plunged more than 11%, while Thailand halted trading after an 8% intraday drop.
Roughly $1 trillion in market value evaporated from U.S. equities shortly after the opening bell as global markets extended losses tied to escalating Middle East tensions. Futures across the U.S., Europe, and Asia moved sharply lower.