Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Dynatrace beats Q1 estimates as AI customers drive higher platform usage
Dynatrace reported better-than-expected fiscal Q1 results, with annual recurring revenue up 17% on a constant-currency basis. RBC says custo
DeepSeek raises AI prices, hinting at shift in China's low-cost strategy
DeepSeek, known for undercutting US rivals, is raising prices on its AI services. The move could signal a strategic shift and ease pressure
Musk's SpaceX and Tesla unveil $16.8B Texas AI chip 'Terafab'
SpaceX and Tesla plan to spend $16.8 billion on a massive AI chip facility in Texas, aiming to secure supply for robotics and space systems.
AI sales growth reassures investors as S&P 500 gains 1.1%
Strong AI-related revenue from Microsoft and Amazon eased worries about Big Tech's heavy spending. The S&P 500 rose 1.1% as investors saw re
Unitree prices Shanghai IPO at 150.8 yuan, valuing humanoid robot maker at 61 billion yuan
Unitree, the Hangzhou-based humanoid robot maker, has priced its Shanghai STAR Market IPO at 150.8 yuan per share, valuing the company at ro
Ooredoo's $800M bet on Zankore targets 1GW of AI cloud capacity
Ooredoo is putting $800 million into Zankore, a new AI cloud platform built with Indosat, Nokia, and Nvidia. The venture aims for 1GW of Nvi
EPAM trims 2026 revenue outlook as tech clients pull back
EPAM Systems trimmed its 2026 revenue growth forecast to 3.2%-4.2% as demand split by client type. Financial services held up with 11.5% gro
ByteDance founder urges staff to skip AI shortcut as US-China tensions rise
ByteDance founder Zhang Yiming reportedly urged his AI team to avoid model distillation, a shortcut that can boost performance quickly but m
Figma's AI push boosts sales but squeezes margins, stock drops
Figma's sales surged 48% last quarter, but heavy AI investment nearly doubled costs and squeezed operating margin to 10%. Shares dropped 16%
Figma raises full-year forecast as AI tools drive 48% sales jump
Figma raised its full-year revenue forecast after second-quarter sales jumped 48%, saying its AI features are helping it win and keep custom
Chime raises 2026 revenue outlook as payments grow, CFO departs
Chime raised its 2026 revenue growth outlook to 25%-26% after Q2 revenue rose 27% and payments climbed 21%. The fintech also announced CFO M
Nvidia gets Musk's nod, but AI costs keep investors on edge
Nvidia shares rose after Elon Musk said SpaceX will build its AI services exclusively on Nvidia systems. But SpaceX's Q2 capex jump to $18.3