Nvidia's stock price fell sharply in late July after a July recovery, leaving investors who bought in June with little to no gains. The drop coincided with Google's earnings report showing rising costs and shrinking margins, sparking investor worries about the profitability of AI investments. Additional pressure came from debates over the return on investment in AI infrastructure and Microsoft's pricing changes for AI tools. Nvidia's recent $250 billion data center deal with OpenAI also raised concerns about circular financing and Nvidia potentially investing heavily in its customers to keep them afloat.
MEXC's RealStocks platform, launched in June 2026, saw SpaceX (SPCX) capture nearly 30% of trading volume and user activity, marking it as the most popular stock among over 7,000 US stocks and ETFs available. AI-related stocks collectively accounted ...
Taiwan prosecutors have detained an Nvidia employee amid an investigation into the smuggling of advanced AI servers powered by Nvidia chips into China, violating US export controls. The suspect, identified only by surname Chang, was questioned and de...
Anthropic CEO Dario Amodei clarified that his company does not support banning open-weight AI models, countering industry rumors. He emphasized that open-weight models without dangerous capabilities are beneficial public goods that aid businesses and...
Anthropic CEO Dario Amodei clarified that his company does not support banning open-weight AI models, which users can download and modify. This statement follows a coalition of tech firms urging policymakers to avoid premature restrictions on such mo...
Jim Cramer cautioned investors about Nvidia's reported $250 billion backstop for OpenAI's AI data center, comparing it to risky financing deals from the dot-com bubble era. While Nvidia remains strong, Cramer warned that suppliers financing customers...
