Nvidia Slips Below $200 as AI Spending Comes Under Scrutiny
The level had become a psychological marker as much as a price, and this week the market passed through it. Nvidia’s shares traded below $200 for the first time in…
Goldman Says Investors Are Shedding Big Tech for Semiconductors
The trade is showing up in options prices before it shows up in most portfolios. The cost of hedging a decline in the Invesco QQQ ETF, the exchange-traded fund that…
SoftBank Restarts $10 Billion Loan Talks, Offering Guarantee on OpenAI Stake
SoftBank Group has resumed negotiations with a consortium of banks over a $10 billion margin loan, this time with a concession designed to address the lenders’ concerns: the company is…
Goldman Says AI Capex Boom Is Bigger and Longer Than Expected for Korea’s Chip Cycle
SEOUL — Goldman Sachs has told clients that the artificial-intelligence capital expenditure boom is driving South Korea’s chip cycle harder and longer than the bank expected, and that the resulting…
Bezos’s Prometheus Raises $12 Billion to Engineer the Physical World
Jeff Bezos sat down with CNBC’s David Faber at Prometheus’s San Francisco headquarters and, for the first time, explained publicly what he is building with his money. The company he…
SpaceX’s Nasdaq Debut Becomes the Largest IPO in History
Gwynne Shotwell rang the opening bell at the Nasdaq MarketSite in Times Square, and a stock that investors had chased for years finally traded under a ticker. SPCX opened at…
JPMorgan’s AI Agents Now Work for an Hour Straight
The market briefing arrives before the coffee. Every morning, bankers in JPMorgan Chase’s private bank open dashboards assembled overnight: AI agents that spent the dark hours screening earnings releases, rate…
SK Hynix Targets U.S. Listing, Putting HBM Story to Wall Street Test
SEOUL—The world’s largest maker of high-bandwidth memory has traded in Seoul for decades. By August, its shares could also trade on the Nasdaq, a move that would give American investors…
SpaceX Prepares for Record Debut as Warren Urges SEC Delay
NEW YORK—The price is $135 a share, fixed, take it or leave it. The ticker is SPCX. And the order book, according to people familiar with the matter, has already…
A Startup Raises $10 Million to Police AI Output Before It Reaches Customers
Kumesh Aroomoogan has raised venture money before, but nothing like this. The chief executive of ZeroDrift, a New York startup that sits between AI systems and their users to catch…
