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Shares of China AI 'tiger' Zhipu surge 35% after revenue doubles in first earnings report
Shares of Chinese AI company Zhipu surged over 30% in trading, after posting strong revenue growth in its first earnings report since its IPO.
Baidu robotaxis reportedly halted mid-traffic causing crashes in Wuhan, China
Baidu's Apollo Go robotaxis stopped mid-traffic in a Chinese city on Tuesday, leading to at least one highway collision, according to social media.
Crypto asset manager CoinShares to begin trading on Nasdaq through SPAC merger
CoinShares is merging with Vine Hill Capital to form the holding company CoinShares PLC in a deal valuing the business at about $1.2 billion.
Microsoft closes worst quarter on Wall Street since 2008 on AI concerns: 'Redmond is in a pickle'
With Microsoft losing almost a quarter of its value this year, investors have reset the company's earnings multiple to the lowest since late 2022.
Column: Apple's crackdown on AI apps puts it on the wrong side of history
Apple is going against its founding mission from 50 years ago by standing in the way AI coding, or vibe-coding.
OpenAI closes record-breaking $122 billion funding round as anticipation builds for IPO
The round totaled $122 billion of committed capital, up from the $110 billion figure that was previously announced.
Anthropic leaks part of Claude Code's internal source code
Claude Code has seen massive adoption over the last year, and its run-rate revenue had swelled to more than $2.5 billion as of February.
Amazon settles Teamsters case alleging it retaliated against striking workers
The Teamsters alleged Amazon illegally docked employees' unpaid time off after they walked off the job, calling the practice "unlawfully coercive."
Snap climbs 13% as activist Irenic suggests changes to boost stock's value 7x
Irenic Capital suggested shuttering the Specs division and replacing more than a fifth of Snap's workforce with artificial intelligence.
Oracle cutting thousands in latest layoff round as company continues to ramp AI spending
Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.
Marvell stock pops 7% as Nvidia takes $2 billion stake, continuing run of similar bets
Nvidia has also made $2 billion investments in CoreWeave, Nebius and Coherent in recent months.
Autonomous ship startup Saronic raises $1.75 billion in race to modernize U.S. military
Saronic's latest funding round more than doubles its valuation to $9.25 billion from the prior fundraising early last year.
Wall Street's rough month, Powell's inflation outlook, GLP-1 subscription and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Huawei's cloud computing revenue dropped in 2025 as Chinese AI lagged U.S. rivals
When including internal customers, the telecommunications giant said cloud computing revenue grew from a year ago.
Microsoft hit with UK competition regulator probe over software business
The U.K.'s Competition and Markets Authority had "concerns around Microsoft's licensing practices in cloud", Chief Executive Sarah Cardell, said.
European defense startups eye commercial deals and hiring push in the Middle East amid the Iran war
A crop of emerging defense companies in Europe are fielding increasing interest from Middle East militaries as conflict continues in the region.
Nebius unveils plans to build one of Europe's largest AI factories as region scrambles for compute
Europe is racing to create the infrastructure needed to power the AI boom.
Indian mobile giant Airtel raises $1 billion for data centers from Carlyle, other PE firms
Signaling rising global interest in India’s data‑center sector, Bharti Airtel has attracted private‑equity interest as it seeks to raise $1 billion.
Indian mobile giant Airtel raises $1 billion for data centers from Carlyle, other PE firms
Signaling rising global interest in India’s data‑center sector, Bharti Airtel has attracted private‑equity interest as it seeks to raise $1 billion.
Evercore ISI predicts 'inflection point' is days away, plans to commit capital if S&P 500 drops to this level
A week of "maximum uncertainty" should deliver a key opportunity for investors, according to Evercore ISI's Julian Emanuel.
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