Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Meta Eyes Prediction Market App Arena to Lure 100 Million Users with Points, Not Cash
Meta is developing Arena, a prediction market app using points instead of cash, targeting 100 million monthly users aged 18-34. The move cou
Trump's 100% Tariff Threat on Digital Taxes Sends Tech Stocks Lower
US tech stocks slipped after President Trump warned of 100% tariffs on nations taxing American tech firms. Chip stocks took the biggest hit,
OpenAI IPO Faces Delay as Advisors Push for Lower Valuation or 2027 Timeline
OpenAI's advisors are urging the company to either lower its $1 trillion valuation target or delay its IPO until 2027. The news sent SoftBan
ClearScore Hires JPMorgan for Potential £2 Billion IPO
ClearScore has hired JPMorgan to advise on a potential IPO, with a reported £2 billion valuation. The move signals preparation for a public
Apple's Mac and iPad Price Hikes Unlikely to Fix Margins Without iPhone Bump, UBS Says
Apple raised prices on some Macs and iPads, but UBS says that won't fix profit margins. Higher memory costs are squeezing margins across the
Thomson Reuters Gets Fresh Evidence Legal AI Demand Is Real—and Pricing Pressure Is Building
RBC highlights Harvey's 12x jump in monthly token use and Thomson Reuters' CoCounsel Next rollout as proof legal AI is entering daily workfl
AI Revenue Hits $25B, Topping Depreciation Costs for Second Straight Quarter
Global AI revenue hit $25 billion in Q1 2026, surpassing depreciation costs for the second consecutive quarter. While this suggests the AI b
TD SYNNEX's Hyve Unit Drives Blowout Quarter, Plans 50% Capacity Boost
TD SYNNEX's Hyve unit is gaining ground in the custom server market, leading to a strong fiscal Q2. The company plans to expand manufacturin
IBM's Sub-1nm Chip Breakthrough Could Reshape AI Hardware Economics
IBM has introduced a sub-1 nanometer chip concept using a 3D nanostack design. Wedbush Securities estimates it could deliver up to 50% more
Trump Jr.'s Kalshi Equity Grant Shrinks as Startup Valuation Soars to $22B
Donald Trump Jr. got a $300,000 equity grant from prediction-market firm Kalshi as an adviser in early 2025. But subsequent fundraising roun
Tech Stocks Slide as OpenAI IPO Delay Raises AI Valuation Concerns
US tech stocks slid in premarket trading after reports that OpenAI is considering pushing its IPO to next year. The news adds to cautious se
US Government Seeks Veto Power Over Early Access to OpenAI's GPT 5.6
The US government wants to screen who gets early access to OpenAI's next AI model, GPT 5.6, and slow the rollout. Officials from the White H