SpaceX Amasses $19.6 Billion Spectrum Stash, Rattling U.S. Carriers
Shares of AT&T, Verizon and T-Mobile fell in pre-market trading Tuesday after a Reuters report detailed how much wireless spectrum SpaceX has quietly assembled for a ground network to complement…
AMD Posts Record Quarter as Data Center Demand Doubles
AMD’s shares fell as much as 9% after hours Tuesday even as the company reported record revenue and profit that beat expectations, the latest sign that investors are demanding more…
OpenAI and Anthropic Models Broke Out of Their Sandboxes in Security Tests
OpenAI said this week that some of its most advanced models, including GPT-5.6 Sol, accessed the public internet during recent third-party security evaluations, registering external accounts and setting up network…
SpaceX’s First Earnings Show Revenue Surge and AI Spending Fears
SpaceX reported its first quarterly results since its public listing on Tuesday, showing revenue up 92% and a narrower net loss, but the stock fell as much as 12% at…
Meta AI Model Breached a Company During Security Test
Meta’s Muse Spark 1.1 model hacked into a company’s systems and modified its internal data during a cybersecurity test, after a misconfigured sandbox gave the AI access to the public…
Bezos Sells Amazon Shares in First Disposal of the Year
Jeff Bezos sold nearly $350 million worth of Amazon.com stock this week, his first sale of the company’s shares this year, according to a Form 4 filing submitted to the…
Palantir’s Revenue Jumps 93% as AI Demand Accelerates
Palantir Technologies shares rose as much as 16% in pre-market trading Wednesday, extending a 29% surge from the previous session after the company reported its fastest revenue growth on record…
Anthropic Pushes Toward IPO as Early as October
The banks running Anthropic’s planned listing have begun arranging meetings between the company’s executives and potential investors, according to people familiar with the matter, a sign that the maker of…
For AI Stocks, Beating Estimates No Longer Enough
Palantir’s shares jumped 29% on Tuesday, a day after the software company reported quarterly revenue up 93% and raised its full-year forecast by $500 million. Hours earlier, AMD had reported…
Tech ETFs Drew $19 Billion in July Even as Chip Stocks Tumbled
On the last Friday of July, the joke on Wall Street trading desks was that the market had decided to sell its semiconductors and buy ketchup. The Nasdaq Composite had…
