(Bloomberg) — A rally in Walmart Inc. shares pushed its market capitalization past $1 trillion on Tuesday for the first time ever, vaulting the world’s largest retailer into a category typically occupied by Big Tech firms Read More
(Bloomberg) — Wall Street has been skeptical about software stocks for a while, but sentiment has gone from bearish to doomsday lately with traders gripped by fears about the destruction to be wrought by artificial intelligence. “Read More
(Bloomberg) — President Donald Trump is set to launch a strategic critical-minerals stockpile with $12 billion in seed money, a bid to insulate manufacturers from supply shocks as the US works to slash its reliance on Chinese Read More
Photographer: Ore Huiying/Bloomberg (Bloomberg) — Alphabet Inc.’s Google, Singapore Airlines Ltd. and DBS Group Holdings Ltd. are among companies that will test the city-state’s plan for central procurement of sustainable aviation fuel, as Read More
(Bloomberg) — Wall Street’s apprehension about the cost of developing artificial intelligence technology has been simmering beneath the surface of the stock market for months. Now it’s starting to boil over. Microsoft Corp. (MSFT)Read More
(Bloomberg) — AI startup Perplexity inked a $750 million deal with Microsoft Corp. to use its Azure cloud service amid a legal feud with Perplexity’s longtime cloud partner, Amazon.com Inc. The three-year commitment will let Read More
(Bloomberg) — Microsoft Corp. shares got caught up in a selloff Thursday that wiped out $357 billion in value, second-largest for a single session in stock market history. The software giant’s stock closed down 10%, its biggest Read More
(Bloomberg) — The world’s largest tech firms show no signs of easing up on AI spending, a record wave that’s propelling hardware providers like Samsung Electronics Co. and SK Hynix Inc. That’s even Read More
(Bloomberg) — US small-cap stocks are having something of a moment — and Wall Street doesn’t expect it to end any time soon. The Russell 2000 Index, home to some of the riskiest stocks in the market Read More