Big Tech’s Debt Binge Raises Risk in Race to Create an AI World
Wall Street is becoming more and more worried about the level of debt that Big Tech companies are accumulating to…
Permabull Tom Lee Sees Bitcoin as High as $200,000 by January’s End
Tom Lee, the consistently optimistic co-founder of Fundstrat Global Advisors, maintains a strong belief in the long-term potential of retail…
Why So Much Is Riding on the Data Center Boom
Tech companies are investing billions of dollars into building massive new facilities as they strive to achieve revolutionary advances in…
Japan’s Moonshot Chip Push Rapidus Plots Path to IPO Around 2031
Japan’s state-supported semiconductor company, Rapidus Corp., has announced plans to pursue an initial public offering (IPO) around the fiscal year…
Private Equity Firm EQT Agrees to Buy Desotec From Blackstone
EQT AB has reached an agreement to acquire a majority stake in Desotec, a European environmental services company. This acquisition…
OpenAI Partner Foxconn Plans Up to $5 Billion for US Expansion
Hon Hai Precision Industry Co., also known as Foxconn, plans to invest between $1 billion and $5 billion to expand…
Bitcoin Heading for Worst Month Since Crypto Collapse of 2022
Bitcoin is currently heading toward its worst monthly performance since the significant wave of corporate collapses that shook the broader…
Ubisoft Results Delay Came After Sales Restatement, Loan Breach
Ubisoft Entertainment SA, the video game publisher known for the Assassin’s Creed series, announced that an auditor’s review has led…
AI Can Create Jobs If Leaders Prepare Workers, Jokowi Says
Former Indonesian President Joko Widodo emphasized that the future of an “intelligent economy” depends heavily on how well populations are…
Intel CEO Dismisses Concerns About New Hire Bringing TSMC’s Tech
Intel Corporation’s Chief Executive Officer, Lip-Bu Tan, has addressed recent reports concerning a new employee allegedly transferring trade secrets from…