Tech’s AI Spending Surge Sparks Concerns Over Investment Risks and Market Dynamics
Industry giants face scrutiny as they invest heavily in AI infrastructure amid fears of overbuilding.
Latest Articles by Viditha Ganji
Coinbase UK Unit Fined $4.5 Million for Breaching High-Risk Customer Agreement
British regulator penalizes Coinbase's UK arm for failing to adhere to restrictions on high-risk customers.
Revolut Secures UK Banking License After Three-Year Wait
British fintech Revolut receives a UK banking license, marking a major milestone and enabling new financial services.
UK Government to Introduce New Regulation for ‘Buy Now, Pay Later’ Firms Amid Growing Concerns
Britain’s Labour government plans to tighten rules for BNPL industry after delays, aiming to protect consumers and standardize practices.
SK Hynix Reports Highest Quarterly Profit in Six Years, Driven by AI Chip Demand
The South Korean memory chipmaker sees record revenue and operating profit amid strong AI-related demand, despite a drop in share price.
Grayscale Faces Challenges as New Spot Ether ETFs Emerge, Threatening Its $9 Billion Lead
The launch of competing ether ETFs puts Grayscale’s significant market position at risk as investors seek lower fees.
IBM Shares Surge 5% After Beating Earnings and Revenue Expectations
The tech giant's strong quarterly results and positive outlook drive notable after-hours gains.
Tesla Shares Plunge 12% Following Earnings Miss, Marking Biggest Drop Since 2020
The electric vehicle giant faces significant stock decline after weaker-than-expected earnings and continued revenue struggles.
Elon Musk Proposes $5 Billion Investment from Tesla into His AI Startup xAI
Following a disappointing earnings report, Musk seeks shareholder approval for a major infusion into his latest venture, xAI, which aims to rival established AI players.
Tesla’s Profit Margins Squeeze Under Pressure from EV Discounts and High AI Spending
Company Faces Challenges from Falling Deliveries and Heavy Investment in Future Technologies
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