Nvidia made headlines on Tuesday after issuing an unusual seven-page memo to Wall Street analysts explicitly denying allegations of accounting fraud “akin to Enron.” The response was triggered by viral claims from Michael Burry, the investor famous for predicting the 2008 financial crisis, and a Substack critique questioning whether AI capex sustainability masks hidden leverage.
Zscaler stock price erased the gains made in the regular session after the company published strong results and a mild forward estimate. It initially rose by 3.35% on Tuesday to $290 and then retreated by over 7% to $266.90 in the extended hours. It settled to the lowest point in September. Zscaler’s reported strong results
Global technology, geopolitical tensions, and economic market shifts dominated the news cycle as developments unfolded across AI, international security, and financial markets. OpenAI is forecasting a sharp expansion in paid ChatGPT users, Taiwan is preparing a significant defence spending increase amid rising pressure from Beijing, negotiations toward a potential Russia–Ukraine peace agreement progressed, and Asian
Italy’s antitrust regulator has widened its investigation into Meta Platforms after identifying new concerns linked to the company’s artificial intelligence tools on WhatsApp. The latest move shifts the case beyond the original scope set earlier this year, focusing on how Meta’s updated WhatsApp Business Solution terms and its expanded AI features might influence competition in
Uber has taken another step in its global autonomous strategy by activating fully driverless rides in Abu Dhabi, using WeRide’s technology to anchor its Middle East expansion. The service went live on Wednesday and makes the United Arab Emirates capital the first city in the region where Uber is offering a completely driverless robotaxi. The
Dell stock price held steady after forming a double-bottom pattern before its financial results. It rose by 3.20% in extended hours, moving to $130, up from this month’s low of $117.40. Dell’s business is benefiting from the AI tailwinds Dell, the giant IT company, published financial results that missed analysts estimates. In a statement, the
Kirk Yang, a former Wall Street analyst who’s currently with the National Taiwan University as an adjunct professor of finance, sees the artificial intelligence (AI) bubble as “real” but not imminent. Speaking recently with CNBC, Professor Yang argued the AI bubble could take “one or two years” to burst. In the near-term, he’s convinced, growth
Alphabet stock rallied sharply on Monday, buoyed by renewed confidence in the company’s artificial intelligence roadmap, accelerating cloud momentum, and fresh analyst support. The stock’s surge extends a strong run that has made Alphabet the best-performing BATMMAAN name of 2025. Alphabet’s stock — trading at $317.25, up 5.9% — has led the BATMMAAN group this
Nvidia stock (NASDAQ: NVDA) ticked higher Monday as Commerce Secretary Howard Lutnick confirmed that President Trump will personally decide whether to allow the company to sell its powerful H200 AI chips to China. Lutnick told Bloomberg the decision “sits right on Donald Trump’s desk,” with input from multiple advisors, including Nvidia CEO Jensen Huang. The
Broadcom stock (NASDAQ: AVGO) jumped 10% on Monday as investors rotated back into AI infrastructure suppliers, encouraged by fresh momentum in custom chip demand and Google’s recent AI announcements. The semiconductor giant closed near $371 per share after the rally, catching momentum from a broader tech rebound and renewed optimism that the AI infrastructure spending