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Nvidia has downsized ‌plans for ‌a $250 billion guarantee for ​an OpenAI data center, the Wall Street Journal ‌reported on ⁠Friday, citing people familiar with ⁠the matter. The revised plan ​would lower ​Nvidia's ​financial guarantee ‌to less than $120 billion to address investor concerns about risk for ‌the OpenAI ​data center, ​according ​to the ‌report. Reuters could not ​immediately ​verify the report.

The crypto exchange operator was affected by relatively weak trading in such assets.

Investing.com -- Artificial intelligence is more likely to replace individual tasks than entire occupations, limiting the risk of widespread job destruction, BofA Global Research said in a report examining employment across 206 US industries.

On Wednesday, Mark Ruffalo criticized Paramount Skydance Corp CEO David Ellison’s proposed Warner Bros. Discovery, Inc. takeover, throwing his support behind California Attorney General Rob Bonta as the $110 billion deal faces mounting pressure. Ruffalo Backs Bonta In Paramount-Warner Bros....

The second-largest acquisition of a venture-backed company on record is official. Cursor, the fast-growing agentic coding startup, is now a part of SpaceX after the space giant led by Elon Musk completed its $60 billion all-stock acquisition Friday. The deal pairs one of the fastest-growing startups with SpaceX’s vast—and expensive to run—infrastructure-centric xAI division. The latter has its sights set on improving its AI service offerings and is betting big on agentic coding to get there. “Cu

PayPal Holdings (NasdaqGS: PYPL) is in active talks over a potential acquisition by Stripe and Advent International, following an earlier offer that PayPal rejected. The proposed deal would bring together a major listed digital payments company and a large private fintech group, alongside a global private equity investor. Negotiations are ongoing as of 14 August 2026, with no binding agreement announced and terms still under discussion. With large fintech platforms weighing major...

A Maryland state tax court has struck down the state’s first-in-the-nation tax on digital advertising and ordered state officials to repay the tax money already collected from big tech firms. The Maryland Tax Court said the tax violates the federal Internet Tax Freedom Act as well as the First Amendment and the commerce and due process clauses of the U.S. Constitution. Maryland estimated the tax, approved in 2021, could raise about $250 million a year to help pay for a sweeping K-12 education measure.

Paramount Skydance CEO David Ellison is urging California and the attorneys general of 11 other states to resolve their lawsuit so the $110 billion deal can close.

nCino has had an impressive run over the past six months as its shares have beaten the S&P 500 by 7.4%. The stock now trades at $19.16, marking a 20.9% gain. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.

The promise of buying into high-profile private companies before they reach public markets can be hard to resist. For investors who put their money with New York advisory firm Adit Ventures Management, that promise instead led to a federal fraud case. The Securities and Exchange Commission (SEC) ...

Institutional investors pulled back slightly from key stock market segments such as semiconductors, AI infrastructure and megacap technology companies during the second quarter, with few big bets in either direction, U.S. Securities and Exchange Commission filings show. A Reuters analysis of quarterly 13F filings from 6,371 pension ‌funds, hedge funds, wealth managers and other institutional investors reveals a narrow gap between the number of investors increasing their positions and those reducing them, but in many cases the gap ‌swung slightly negative. Nearly 44% of filers reviewed trimmed their holdings of the Magnificent Seven group of megacap tech firms such as Microsoft and Meta Platforms, while 42% initiated or expanded their holdings of this group.

TOKYO—When Sony said in March that it was offloading its television business to a new joint venture with a Chinese rival, many in Japan felt a pang of nostalgia for the heyday of the country’s consumer-electronics industry. This is true even though he has worked for the company since 1987, and is fluent in corporate lore about when color TV—and later, the Walkman and PlayStation—made Sony a household name. Since taking the top job last year, Totoki has made the TV deal, brought in chip giant TSMC to collaborate on Sony’s valuable image sensor and spun off Sony’s financial arm—a unit he once ran.

President Donald Trump is expected to attend a meeting at the White House next Wednesday that will gather together high-level executives from crypto companies and prediction-market venues, according to a person familiar with the event.

U.S. stocks fell after weak retail sales data tempered enthusiasm about the artificial-intelligence boom that has driven major indexes to record highs.

Find insight on Antofagasta, Zambia’s copper mining industry, London’s miners and more in the latest Market Talks covering basic materials.

With the acquisition, Ergen will control wireless services Boost Mobile and MobileX through EchoStar and a SPAC, respectively

Moby summary of Super League Enterprise, Inc.'s Q2 2026 earnings call

Moby summary of PAVmed Inc.'s Q2 2026 earnings call

IonQ, Quantinuum, and other notable names in the quantum sector have reported earnings, which broadly showed that traction continues to grow.

Find insight on Disney, Workday, Nvidia and more in the latest Market Talks covering technology, media and telecom.

Moby summary of Creative Media & Community Trust Corporation's Q2 2026 earnings call

Moby summary of Digi Power X Inc.'s Q2 2026 earnings call

Moby summary of Americas Gold and Silver Corporation's Q2 2026 earnings call

Moby summary of Edible Garden AG Incorporated's Q2 2026 earnings call

The Standard & Poor's 500 index rose 0.4% this week after cooling inflation and an unexpected drop i

Stocks edged back from records Friday, with investors weighing weaker-than-anticipated economic data against an earnings season that has defied expectations. Stocks initially opened higher Friday morning as investors interpreted unexpected weakness in consumer spending and sentiment as further evidence that the Federal Reserve won’t raise interest rates at its September meeting. Coming on the heels of softer inflation data and a cooling labor market, the figures reinforced bets that the central bank will stand pat on rates.

Sandisk's (SNDK) long-term targets suggest Wedbush Securities' fiscal 2028 estimates understate the

Kristen Bitterly, head of global Wealth at Work at Citi, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss how the increase in life expectancy is changing how people plan for retirement.

Tiger Global Management trimmed several of its Big Tech stakes, exited Netflix, and took positions in Advanced ‌Micro Devices and SpaceX during the second quarter, according to ‌regulatory disclosures filed Friday. • The hedge fund cut its Alphabet holdings by 45.4% to 5.81 million shares as of June 30 from the end of March, and its Nvidia stake by 6.8% to 11.20 million shares. • ‌It trimmed its Microsoft ⁠stake by 9.3% to 2.27 million shares and its Amazon position by 3.2% to 9.68 million shares.

After SpaceX went public in June, individuals who bought into funds promising shares of the company were eager for their paydays. A Wall Street Journal article last week featured an investor who is still trying to figure out what happened to the money he invested in a SpaceX fund in 2020. Many readers wrote in saying they were in situations similar to that of Ram Rupireddy, the investor featured in the article.