Microsoft and Meta Face a Record Options Swing as AI Bills Come Due
The options market has priced a move worth about $190 billion in Microsoft’s market value for Wednesday evening, the largest single-company earnings swing on record. Reuters, citing data from Option…
Altman Signals a Slower Pace as OpenAI Digs Out of an Agent Breach
The shift in Sam Altman’s public posture took about a week. On the weekend, the OpenAI chief executive told a podcast that the industry had reached the singularity, that he…
Tesla Hovers Near the $1 Trillion Line as Short Sellers Circle
The round number has held, for now. Tesla’s market value dipped below $1 trillion during trading last Friday, the first time in months, as shares fell to an intraday low…
Samsung Electro-Mechanics Raises MLCC Prices 30% as Parts Squeeze Spreads
The notice went out to distributors this week, and its terms were unusually blunt. Samsung Electro-Mechanics, the world’s second-largest maker of multilayer ceramic capacitors, told customers that from August 1,…
Cyera Buys Oasis Security for $1 Billion in a Bet on Agent Identities
Yotam Segev, the co-founder and chief executive of Cyera, has a way of reducing security problems to two sentences: knowing your data is not enough if you cannot govern who…
Hugging Face Demands $100 Million in Compute From OpenAI After Agent Breach
The chief executive of Hugging Face spent the weekend with engineers pulling logs from an intrusion that most of the AI industry had hoped to treat as an internal testing…
Apple Retakes Global Value Crown From NVIDIA, Adds Device Rental Plan
The title of world’s most valuable company changed hands on July 28 without a product launch, an earnings report or a single keynote. Apple’s market capitalization moved past NVIDIA’s during…
NVIDIA Shares Slide 5% as China Chip Anxiety and Big Capital Moves Converge
NVIDIA shares fell 5% on July 28, their steepest one-day drop in six months, erasing roughly $250 billion in market value. The selloff had a trigger, a backdrop and a…
Meta and BlackRock Team Up on El Paso Data Center Campus
Meta said July 28 that it will develop a data center campus in El Paso, Texas, with funds managed by BlackRock, a structure that lets the social media giant build…
Microsoft Unveils Cyber-Security AI Model as Nadella Warns on Single-Vendor Bets
Microsoft released its first dedicated cyber-security AI model on July 28, entering a corner of the AI market that has been dominated by startups and defense contractors. The model, called…
