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Stocks Finish Sharply Lower as Tech Stocks Slump

The S&P 500 Index ($SPX) (SPY) on Friday closed down -1.01%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.77%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.49%. September E-mini S&P futures (ES…

Markets

Better Buy: SK Hynix vs. Micron

When Micron (NASDAQ: MU) debuted as a public company in 1984, it wasn't the only U.S. company making DRAM (dynamic random access memory). But in the years that followed, the other domestic chipmakers in that memory nich…

Markets

Will the Fed hike interest rates this month?

In his first public comments since the Federal Open Market Committee (FOMC) meeting in June, new Fed Chair Kevin Warsh stated that “prices are too high” while speaking at the ECB (European Central Bank) Forum on Central…

Markets

Meta and Anthropic Discuss $10B AI Infrastructure Agreement

Meta Platforms Inc. (NASDAQ: $META) is in talks to lease as much as $10 billion of computing capacity to Anthropic, opening a possible path into the AI cloud market as demand for chips and data center access continues t…

Markets

Does ‘token shock’ hurt AI adoption?

The "tokenmaxxing" trend has drawn scrutiny from auditors and risk officers, who are now conducting deeper reviews of how artificial intelligence tokens are consumed, not just how many are used. As enterprises grapple w…