AI

The $60 billion valuation grabbed the headlines. But the most interesting details in Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) acquisition of Cursor-maker Anysphere may be found in the details of the merger filing rather than the price tag. While investors and AI enthusiasts...

The race to build artificial intelligence infrastructure is no longer just a technology story. According to JPMorgan, it’s rapidly becoming one of the largest financing stories on Wall Street. In an analyst report, published Tuesday, the firm projected that AI-related debt financing will...

Microsoft Corp. (NASDAQ:MSFT) Vice Chair and President Brad Smith is offering career advice to students navigating AI-driven job disruption. In an interview with Axios published Tuesday, Smith said growing fear around AI and jobs is being amplified by hype from parts of the tech industry...

In February, a viral thought experiment from Citrini Research imagined a June 2028 in which artificial intelligence had pushed U.S. unemployment to 10.2% and dragged the S&P 500 down 38%. Four months later, the labor market is doing the opposite of falling apart. “That scenario of 10%...

Wall Street’s favorite market shorthand may need an upgrade. A new framework called the FAB 10 — Frontier AI & Big Tech 10 — is gaining traction among investors, and it could be the defining investing construct of the AI era. MSFT stock is moving. See the chart and price action here....

Space Exploration Technologies Corp. (NASDAQ:SPCX) went public last Friday and it set new records for retail investor demand in a single session. SPCX stock is moving. See the chart and price action here. Leif Abraham, co-CEO of financial platform Public, told CNBC on Monday that SpaceX’s...

Micron Technology, Inc. (NASDAQ:MU) shares took a hit in the aftermath of Broadcom Inc.'s (NASDAQ:AVGO) second-quarter earnings release. The logic behind the selloff was sloppy at best — and the tape has since punished anyone who sold into it. MU stock is climbing. See the chart and price action...

Space Exploration Technologies Corp. (NASDAQ:SPCX) may have pulled off the largest IPO in history, but one ETF executive says investors should not mistake excitement for fundamentals. “The reality is this name is likely sentiment-driven in the near-term,” Direxion CEO Douglas Yones...

Microsoft Corp. (NASDAQ:MSFT) CEO Satya Nadella warned that an AI future dominated by a handful of models could concentrate economic value and erode the competitive advantages of businesses, arguing that the focus should be on building a frontier ecosystem rather than just frontier models. "The...

Mark Cuban on Saturday fired back at Rep. Ro Khanna (D-Calif.), saying that governments should treat AI as a public investment aimed at cutting operating costs and improving services, while creating pathways for new graduates to modernize agencies. Debate Intensifies Following SpaceX's IPO The...

Editor’s note: The story has been updated to include a comment from an Amazon spokesperson. Amazon.com Inc. (NASDAQ:AMZN) CEO Andy Jassy was reportedly behind the security concerns that led to a U.S. export control ban on Anthropic’s two “Mythos-class” AI models, built for...

CNBC’s Jim Cramer warned Friday that SpaceX‘s (NASDAQ:SPCX) historic market debut could accelerate a fresh wave of AI equity offerings, potentially setting a constructive tone for stocks in the week ahead. Elon Musk's aerospace company ended its first trading session at $160.95 per...

Jeff Bezos said that he has embraced being a CEO again at AI startup Prometheus, describing the role as “Type 2 fun,” the kind you appreciate only after the climb is over. The 62-year-old billionaire, speaking on CNBC’s “Squawk on the Street” this week, said running...

Wall Street has spent years debating how to value Tesla, Inc. (NASDAQ:TSLA). Space Exploration Technologies Corp (NASDAQ:SPCX) may prove even harder. While investors focus on the company’s blockbuster IPO and trillion-dollar valuation, WisdomTree’s Christopher Gannatti believes the...

As investors debate whether Space Exploration Technologies Corp’s (NASDAQ:SPCX) blockbuster valuation can be justified, one space economy expert says they may be focusing on the wrong metric. The bigger story isn’t that SpaceX isn’t profitable. It’s that the company may be...