Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Cloudflare's fastest growth in four years signals 'agentic internet' shift
Cloudflare posted its fastest revenue growth in nearly four years, topping estimates and guiding above expectations. Truist says the results
Airbnb sells AI intellectual property to Chesky-backed lab for $7.1M
Airbnb disclosed it sold certain intellectual property to a new AI lab co-founded by CEO Brian Chesky for $7.1 million. The deal includes an
Coforge partners with SpaceXSI to bring Grok AI to enterprise clients
Coforge has joined SpaceXSI's partner network to help enterprises adopt Grok AI. The Indian IT firm will build industry-specific tools and d
Tesla to wind down Cybertruck output in Austin to make room for Cybercab
Tesla will wind down Cybertruck output at its Austin gigafactory around mid-2025 to make room for Cybercab production. The move highlights a
China's YMTC aims to source 70% of equipment for new Wuhan plant locally
China's YMTC plans to source up to 70% of equipment for a fourth Wuhan chip plant from domestic suppliers, up from about half at its third p
Apple raises $7.5B in bond sale to fund AI infrastructure
Apple is borrowing $7.5 billion through a seven-part bond sale, with maturities from 2026 to 2036. The move reflects surging capital spendin
Anthropic IPO roadshow hits valuation pushback from investors
Anthropic's IPO roadshow is meeting resistance as investors seek a bigger discount after the tech selloff and demand clearer revenue disclos
IREN beats revenue estimates as Microsoft delays part of $4B buildout
IREN beat quarterly revenue estimates, but Microsoft-requested network changes are delaying part of its $4 billion run-rate milestone to Jan
Microsoft tightens neocloud data center deals, spooking AI stocks
Microsoft is taking a harder line on data center deals with neocloud providers, reconsidering third-party projects after delays. Shares of N
Lyft expands Waymo robotaxi role in Nashville with new fees
Lyft is expanding its robotaxi partnership with Waymo in Nashville, promising to significantly grow the fleet by year-end. The ride-hailing
Qualcomm's data center bet pressures margins before revenue arrives
Qualcomm is spending heavily on data center chips, but RBC warns the upfront costs will pressure margins before revenue ramps. The company s
Google's $17B Wyoming data center faces local pushback
Google announced a $17 billion data center in Wyoming, powered by fuel cells with carbon capture. But local opposition and permitting risks