OpenAI CEO Sam Altman will meet with White House Chief of Staff Susie Wiles and other senior Trump administration officials this week to discuss AI policy and OpenAI's upcoming models. This visit coincides with the August 1 deadline set by President Trump for federal agencies to develop a framework to evaluate AI models, following an executive order signed in June. Altman is also engaging with lawmakers, including Senator Ted Cruz, to discuss America's competitiveness in AI. The meetings highlight the growing government focus on AI regulation and the U.S. position in the global AI race.
NVIDIA announced it will hold a conference call on August 26 to discuss its financial results for the second quarter of fiscal year 2027, which ended on July 26, 2026. The call will include prepared remarks followed by a Q&A session limited to financ...
Nvidia Corporation showcases exceptional profitability with a 74.15% gross margin and a 112.2% trailing twelve months (TTM) return on invested capital (ROIC), surpassing its industry peers. The company's success is fueled by growing demand for artifi...
UBS argues that recent fears about "circular financing" in AI infrastructure deals are misplaced, emphasizing that chip suppliers, not hyperscalers like Amazon or Google, are bearing the financial burden. Despite media reports of massive lease agreem...
Direxion introduced six new Defined Income Boost ETFs on July 29, 2026, targeting major tech companies like Google, Meta, Nvidia, Tesla, Micron, and Palantir. These ETFs aim to provide investors with income—targeting 20% annualized—through selling ca...
Apple's market value surged to $5 trillion, driven by a 21.5% stock price increase over the past month, surpassing Nvidia as the most valuable company. This growth is notable as Apple is less tied to AI than competitors like Nvidia and Micron, which ...
