Broadcom’s $16 billion AI chip guidance faces its test on September 2
Broadcom reports fiscal third-quarter earnings after the market closes on September 2, with management guiding for $16 billion in AI…
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PG&E Sinks 18%, Edison International Tumbles 23% as Wildfire Bill Omits Liability Cap
California utility stocks cratered Monday after state lawmakers advanced an amended wildfire bill over the weekend without the liability protections…
IREN CEO Says $30 Billion AI Capex Plan Doesn’t Require New Equity
IREN posted a $684 million net loss in its fiscal fourth quarter. It also outlined up to $30 billion in…
Bernstein: Meta’s Ad Business Could Overtake Google Search Revenue by End of 2026
Meta's advertising revenue grew 27% in Q2, narrowing the gap with Google Search to $3.9 billion. Analyst firm Bernstein says…
Tim Cook steps down as Apple CEO after 15 years, hands reins to John Ternus
Tim Cook's last day as Apple CEO is Monday, Aug. 31, closing out 15 years in the role. Hardware chief…
