Vertiv CEO makes critical comment as stock crashes
Vertiv (VRT) had one of its roughest earnings days this week. Its stock fell about 17% on July 29. The AI infrastructure company's second-quarter earnings be...
Vertiv (VRT) had one of its roughest earnings days this week. Its stock fell about 17% on July 29. The AI infrastructure company's second-quarter earnings be...
Investor skepticism over AI spending sustainability could lead to volatility in tech stocks, impacting broader market confidence and investment strategies. The post Chipmakers report record earnings, but stocks decline amid skepticism over AI spending appeare…

AI companies are depleting their cash reserves and pouring historic levels of money into the AI buildout

Amazon (NASDAQ: AMZN) just delivered one of the best quarters in recent history. It posted results much better than any analyst expected, and the stock popped the day following earnings. There's one division in particular that was noteworthy, and it's the Ama…

Tim Cook spent part of July 30 thanking Apple shareholders at the end of what he confirmed would be his last earnings call as CEO. John Ternus takes over Sept. 1, and Cook moves to executive chairman. The farewell was warm. The statement that followed was not…