Google parent Alphabet last week reported an 82% increase in cloud computing revenue. Investors, however, were more concerned with the company’s artificial intelligence spending, Bloomberg News reported Sunday (July 26), arguing this comes amid a shift for American tech giants, who had for years seen their stock prices climb amid steep AI capital expenditures. “People […]
Sam Altman said AI won’t usher in the golden age of the four-day workweek. In an interview with host Ti Morse on his “Relentless” podcast, released on Saturday, the OpenAI CEO talked about why AI has not led to shorter workweeks for most people. “Technology, for a long time, has been promising people that they’re […]
Robinhood is reportedly in talks with Crypto.com to expand its prediction market footprint. That’s according to a report Friday (July 24) by The Wall Street Journal (WSJ), citing sources familiar with the matter. The report noted that Robinhood has so far worked with companies like Kalshi to supply betting contracts for its prediction platform, though […]
Regulation was on digital assets’ minds this week. They shared their thoughts on the CLARITY and the GENIUS Act and how they compare with the European Union’s MiCA regulation [Markets in Crypto Assets]. Other topics included AI and investing. Markets and investing “Capital is beginning to concentrate around infrastructure because that’s ultimately what determines how quickly […]
(RTTNews) – Asian stocks are broadly higher on Monday, supported by a sharp drop in crude oil prices, and slightly easing geopolitical worries following a pause in Middle East tensions over the weekend. Brent crude futures, which fell to $85.50 a barrel, recovered to around $88.50, but were still down nearly 4% from previous close. […]
Key Points Infleqtion will connect quantum computing with existing AI infrastructure, and Nvidia is backing the company. Hundreds of customers work with Infleqtion in high-growth industries with deep pockets. This stock isn’t for the faint of heart, since it will end up with a price-to-sales ratio of 50 if it achieves its full-year guidance. 10 […]
Company updates this year put fresh numbers on the AI (artificial intelligence) build-out, and they are enormous. Alphabet raised its 2026 capital spending forecast to a range of $195 billion to $205 billion, up from $180 billion to $190 billion. Amazon has said it expects to invest about $200 billion this year. And Meta Platforms […]
Modelled RWAs at systemic banks undershoot standardised by $441bn – Risk.net Skip to main content End of drawer navigation content Wells Fargo and Bank of America have largest gap between internal and regulator-set models Internally modelled risk-weighted assets (RWAs) at the largest US banks diverged further from the standardised model in the second quarter of […]
When I started planning a trip to Scotland with my 17-year-old daughter, I knew we wanted to spend some time in Edinburgh and then visit the Isle of Skye. The logistics of the trip were a little overwhelming — as the only adult, I would be responsible for all the driving. And even more stressful […]
Today Anthropic released its new Opus 5 model, which the company claims delivers performance comparable to its more advanced Fable 5 model at half the price. Opus 5 is designed for both complex coding and general office work. Anthropic says the model can make its way through the steps of a complicated problem without much […]