Micron Technology Inc., one of the hottest stocks in the market this year, is reporting earnings after the close on Wednesday, and the pressure is on with investors growing increasingly skeptical about the artificial intelligence trade.
Last Energy Inc., a nuclear startup, raised $100 million from investors led by Astera Institute to commercialize a small reactor it’s developing as soaring demand for power to run artificial intelligence stokes interest in the industry.
It’s becoming clear that even the slightest hint of trouble around data centers is enough to spook investors who are banking on the artificial-intelligence boom to power equity markets and provide a wave of debt deals in 2026.
Canadian oil sands producers led by Cenovus Energy Inc. plan to expand production next year despite an impending supply glut that threatens to deepen the slump in crude prices.
Alphabet Inc.’s Google filed a lawsuit against alleged Chinese cybercriminals, accusing the group of orchestrating a vast phishing campaign designed to dupe Americans into turning over their credit card numbers.
Get a jump start on the US trading day with Scarlet Fu and Raomain Bostick on "Bloomberg Open Interest." Another twist in the AI power circle — Amazon is reportedly weighing a more than $10 billion investment in OpenAI. Wedbush’s Dan Ives joins Open Interest with a bold new call on the AI boom. Plus, Warner Brothers pushes back on Paramount’s hostile bid and Medline hits the market in the year’s biggest IPO. (Source: Bloomberg)
Nvidia Corp. settled a lawsuit involving a former engineer who had inadvertently revealed autonomous driving trade secrets that he stole from a previous employer.
Robinhood Chair and CEO Vlad Tenev says prediction markets are in the early stages of a "supercycle" during an interview on "Bloomberg Markets." (Source: Bloomberg)
Amazon.com Inc. is reorganizing teams working on artificial intelligence projects, putting a top leader from the company’s cloud division in charge of a new unit.
Robinhood Chair and CEO Vlad Tenev says prediction markets could be at the beginning of a supercycle. Speaking on "Bloomberg Markets," Tenev also says the company is standing ready to help with "Trump accounts." (Source: Bloomberg)
