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Micron Earnings Take on New Gravity With Market on Edge Over AI

Tuesday’s stock-market slide was what one Wall Street strategist called a “chip-wreck.” The semiconductor companies that have led this year’s stock-market advance with triple-digit percentage gains were suddenly hit with a wave of doubts about the sustainability of the AI-driven rally. Daniel Ives, Global Head of Technology as Wedbush Securities, discusses the broader tech landscape as investors remain jittery on high-flying tech stocks. (Source: Bloomberg)

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Google’s New $100 Speaker Makes a Weak Case for Gemini in the Home

The Google Home Speaker is the first new device of its kind to come from Alphabet Inc. in six years. In that time, Google has reshaped itself as an industry leader in artificial intelligence, with its Gemini platform now ubiquitous across consumer hardware like smartphones and web services like Search, Workspace and YouTube.

The Google Home Speaker
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Microsoft Says Copilot AI Helped Knock Down Cybercrime Tools

Investigators used new tools to defeat old malware technology.

A Microsoft Copilot + PC sign inside a Best Buy store on Black Friday in Pinole, California, US, on Friday, Nov. 29, 2024. Economists will be paying close attention to Black Friday and Cyber Monday sales to get a sense of consumers appetite for holiday shopping. Photographer: David Paul Morris/Bloomberg
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Lingyi iTech Raises $1.1 Billion With Shares Priced at Maximum

China’s Lingyi iTech Guangdong Co. raised HK$8.3 billion ($1.1 billion) after pricing its Hong Kong listing at the maximum price, with strong investor demand leading the company to reject more than 100 orders, according to people familiar with the matter.

The Exchange Square Complex, which houses the Hong Kong Stock Exchange, in Hong Kong. Photographer: Lam Yik/Bloomberg
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MGX Sets Up $50 Billion AI Fund

Abu Dhabi’s MGX has raised close to $50 billion from regional and global investors, marking one of the biggest ever dedicated AI investment vehicles. Nandu Nair reports. (Source: Bloomberg)

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