Microsoft pushed back against a report claiming it reduced growth targets for its AI products, even as multiple sales teams reportedly missed aggressive goals for Azure’s Foundry platform.
Eli Lilly crossed a $1 trillion market capitalization for the first time, powered by booming demand for its diabetes and weight-loss drugs.
Cloudflare stock fell nearly 4% in premarket trading after reports of outages affecting several internet services, including Elon Musk’s social platform X. The cause of the disruptions remains unclear.
Nvidia CEO Jensen Huang announced an order backlog of roughly $500 billion tied to new AI-chip generations, setting intense focus on the company’s upcoming Q3 earnings and growth outlook.
Billionaire Peter Thiel has exited his full position in Nvidia, citing fears of an artificial-intelligence-driven tech bubble that may already be peaking.
Berkshire Hathaway revealed a roughly $4.3 billion investment in Alphabet Inc., marking a rare tech push for the firm, even as it continues reducing its longtime holding in Apple Inc.
European markets dipped as investors recalibrated expectations of a U.S. rate cut and flagged overvaluation in the AI sector, while weak Chinese economic data added to global risk-off sentiment.
Shares of SoftBank Group fell by as much as 10% after the conglomerate sold its entire stake in NVIDIA Corporation for $5.8 billion, highlighting mounting funding pressures from its ambitious AI investments.
Warren Buffett announced he will no longer write Berkshire Hathaway’s annual shareholder letters, marking the end of a 60-year tradition as he accelerates his philanthropic plans and prepares to hand leadership to Greg Abel.
Molecular-diagnostics startup BillionToOne raised $273 million in an oversubscribed IPO, with shares jumping 67% at debut and valuing the company at around $4.4 billion.
Duolingo shares fell 27% after issuing weaker guidance for the fourth quarter, as the company prioritizes user growth and long-term initiatives over short-term monetization.
Warren Buffett’s Berkshire Hathaway reported record cash holdings of $381.7 billion and a 34% jump in operating earnings, driven by strong insurance results and restrained disaster losses.
Michael Burry, famed for predicting the 2008 crash, has broken nearly two years of silence to warn that markets may be in a bubble and that ‘sometimes the only winning move is not to play’.
Alphabet’s stock climbed 8% after reporting record quarterly revenue of $102.3 billion, beating forecasts and raising its AI infrastructure budget to $92 billion for 2025.
Nvidia has officially become the first company in history to reach a $5 trillion market capitalization, cementing its dominance in the AI era and setting a new benchmark for global technology valuation.