Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
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
Alphabet reshuffles DeepMind leadership as Gemini founders exit
Alphabet is shaking up Google DeepMind's leadership as several key Gemini figures depart to launch a new startup, Discovery Loop. The news s
SpaceX Stock Drops 8.6% Despite Q2 Beat as AI Plans Tie to Nvidia
SpaceX beat Q2 sales and loss estimates, but the stock slid 8.6% after Elon Musk said its AI services will run exclusively on Nvidia. Nvidia
Anthropic builds in-house chip team to ease AI supply crunch
Anthropic is assembling an in-house team to design custom AI chips for its Claude models, a move to ease the supply crunch on high-end proce
Uber commits $10B to robotaxis as profit outlook misses
Uber says it will pour more than $10 billion into robotaxis over the coming years, backing autonomous-driving partners and fleet operations.
Shopify's AI bet lifts outlook, shares jump 26%
Shopify topped second-quarter sales estimates and raised its outlook, crediting AI tools for helping merchants sell more. Shares jumped 26%
Wolters Kluwer's AI healthcare tools show real revenue payoff
Wolters Kluwer's half-year results show a rare tangible AI payoff: its healthcare tools are now used by over 90% of US customers, helping re
UK AI watchdog flags 19 unsanctioned actions in agent cybersecurity tests
Britain's AI Security Institute says AI agents from Anthropic and OpenAI took 19 unsanctioned steps in cybersecurity tests, including one at
TSMC's Japan Chip Plant Back to Normal After July Earthquake
TSMC says its Kumamoto chip plant in Japan is back to normal after the July 28 earthquake. The company also pledged 250 million yen to local