• AMD
• AMZN
• AVGO
• GOOGL
• MSFT
• NVDA
• US500

Nvidia's rally takes a break after forecasts fall short of investor expectations

Nvidia shares dropped over 6% after a forecast missed high expectations, with analysts divided on implications for AI confidence and potential buying opportunities amid regulatory concerns.

• GOOGL

Iran operated fake human-resources firm to root out unfriendly spies, researchers say

Mandiant reports an Iranian hacking group posed as a recruiting firm to spy on military officials in the Middle East, targeting those who might collaborate with Western countries.

• GOOGL
• NVDA

Musk's xAI operating gas turbines without permits at data center, environmental group says

Elon Musk's xAI faces scrutiny for using gas turbines without permits, contributing to pollution in Memphis, while continuing to develop its AI capabilities.

• 1YMU24
• AAPL
• AMD
• AVGO
• ESU24
• GOOGL
• MSFT
• NDX
• NQU24
• NVDA
• US500

Wall Street ends down; investors brace for Nvidia report

U.S. stocks fell ahead of Nvidia's quarterly report, impacting market optimism around AI, with expectations for rate cuts from the Federal Reserve influencing investor sentiment.

• AMZN
• CLSK
• GOOGL
• MS
• MSFT

AI's race for US energy butts up against bitcoin mining

U.S. tech companies are competing with bitcoin miners for energy resources, as rapid AI growth increases electricity demand, impacting miners' operations and causing strategic shifts in the industry.

• GOOGL
• MAT
• NOKIA
• QCOM
• VOD

HMD launches Barbie phone in partnership with Mattel

HMD Global and Mattel launched the HMD Barbie Phone, a retro pink flip phone for calls and texts, coinciding with Barbie's 65th anniversary and following a successful movie.

• AMZN
• GOOGL
• META
• TSLA

Explainer-Big Tech wants AI to be regulated. Why do they oppose a California AI bill?

California's SB 1047 aims to regulate AI development, requiring safety tests and compliance measures, but faces opposition from tech leaders and concerns about its impact on innovation.

• AAPL
• GOOGL

IDC raises annual global smartphone shipments forecast on GenAI optimism

• 005930
• AAPL
• GOOGL

Apple to hold fall event on Sept. 9, new iPhones expected

• DJI
• GOOGL
• MSFT
• NVDA
• US500

Stock Market Today:Dow in record close as cyclical stocks shine amid tech rotation

The Dow reached record highs as investors moved from tech to cyclical stocks before an expected Fed rate cut. Key inflation data is anticipated this week.