Monthly Archives: February 2026
In a major move to fuel its artificial intelligence expansion, a leading social media company has entered into a multiyear agreement with a prominent chipmaker to purchase AI graphics processing units (GPUs) equivalent to a massive 6 gigawatts of power. The deal, announced on a Tuesday, sent the chipmaker’s stock surging as much as 10% […]
Fed Governor Lisa Cook Says AI Could Leave Fed With Hard Choice: Fight Inflation or Boost Employment
A Federal Reserve governor suggested that the rise of artificial intelligence may soon push the central bank into a tough spot, forcing it to choose between fighting inflation and boosting employment. The official noted that if AI significantly increases productivity, the economy could grow strongly even as changes in the labor market lead to higher […]
A U.S. judge has refused to dismiss a lawsuit accusing Tesla of discriminating against American citizens in its hiring practices. The suit alleges the electric carmaker prefers to hire foreign workers on H-1B visas to save on costs. However, the judge expressed skepticism that the plaintiff, a software engineer, would ultimately win the case. In […]
Shares of U.S. software companies climbed on Tuesday, leading a rebound in a sector that had been hammered by fears about the disruptive impact of artificial intelligence. The rally was sparked by an announcement from an AI startup regarding new partnerships. The startup said it was developing new tools, so-called “plug-ins,” with its partners designed […]
The world’s largest company by market capitalization, Nvidia, is set to report its fourth-quarter results on Wednesday afternoon. This highly anticipated release has the power to either renew faith in the artificial intelligence trade or add fuel to growing concerns about how massive bets on AI will ultimately pay off. Nvidia’s quarterly results have evolved […]
As the President prepares to address the nation, he brings a renewed focus on tariffs to the forefront. This move comes at a time when skepticism is growing, even among members of his own party. The President has stated he does not require congressional approval for these actions, yet he faces a political landscape where […]
A prominent Wall Street CEO is sounding the alarm, suggesting that today’s financial landscape bears a striking resemblance to the years just before the 2008 global financial crisis. Speaking at his firm’s annual investor day, the executive pointed to a market environment where high asset prices and easy money are creating a false sense of […]
US stocks climbed higher on Tuesday, staging a recovery from steep losses as software stocks led the charge. The rally was fueled by renewed optimism around artificial intelligence, helping Wall Street shake off recent fears that rapid AI advances could disrupt large parts of the economy. The Dow Jones Industrial Average led the gains, rising […]
Anthropic has unveiled a suite of new enterprise capabilities for its Claude AI platform, marking a significant push into the business software space less than a month after introducing plugins for the system. The announcement sent ripples through the market, putting pressure on shares of established software companies. The updated features include plugins designed for […]
The so-called “SaaSpocalypse” has arrived, leaving investors with a critical question: is it time to buy the dip or cut their losses and bail? The turmoil is starkly visible in the numbers, with a key index tracking the software industry plunging roughly 28% since its peak in late October 2025. This dramatic drop has created […]