Mira Murati Steps Back Into the Spotlight, Carefully
The stage was set in San Francisco on Thursday for the Bloomberg Technology Summit, and the seat at the front of the room belonged to someone the AI industry had…
Broadcom’s Softer Outlook Shakes the Chip Trade, and Analysts See a Buying Window
The number that detonated the semiconductor market last week was not a loss. Broadcom reported record revenue of $22.19 billion for its fiscal second quarter, up 48 percent from a…
Marvell and Flex Join the S&P 500, Adding AI Supply Chain Weight
The announcement came in a press release on Friday morning, folded into the routine quarterly mechanics of index management. S&P Dow Jones Indices will add Marvell Technology and Flex to…
Tim Cook’s Contrarian AI Bet Faces Its Test at WWDC
On Monday morning, Tim Cook will walk onto the stage at Apple Park in Cupertino for what is widely expected to be the most consequential presentation of his AI tenure,…
JPMorgan Ends Its Long Bearish Run on Tesla
For the better part of a decade, JPMorgan was the most persistent skeptic on Tesla on Wall Street. The bank kept an Underweight rating on the electric-vehicle maker from 2018…
SpaceX Draws $250 Billion in Orders Ahead of Record IPO
The order book kept swelling through the week, and by Tuesday it had passed $250 billion. SpaceX, the rocket and satellite company founded by Elon Musk, plans to raise about…
Supabase Doubles Valuation to $10 Billion in Eight Months
Paul Copplestone pitched the idea in 2014 and was turned down. He tried again in 2020, after hitting scaling limits with the databases at another startup, and built the tooling…
Google to Pay SpaceX $920 Million a Month for Compute
The disclosure landed in a regulatory filing on a Friday afternoon, one week before the largest initial public offering in history. Google will pay SpaceX $920 million a month from…
Morgan Stanley Opens Its Wealth Machine to AI Agents
The memo, when it came, was short and the implications were long. Morgan Stanley told its wealth management division that AI agents would be introduced into client outreach — the…
TSMC’s Capacity Ceiling Hands ASML Europe’s Crown
The words came out of Taiwan Semiconductor Manufacturing Co. in a form the industry rarely hears: an admission of limits. Asked how much more demand the world’s most important foundry…
