Heard on the Street: Big tech reining in its AI spending may be a tantalizing prospect for some. It would also be a costly one. https://t.co/yJa84ssHig ...

Our top story today. The AI trade revival on Wall Street proves to be short lived as tech stocks in Asia under renewed selling pressure. Investors in the region increasingly rotating out of tech and into other sectors as they reassess the outlook.Chip giant Samsung failed to impress investors even after its preliminary results showed a 19 fold surge in quarterly profit. The sell off suggests that investors already priced in the solid earnings and are focused on the longer term memory cycle trajectory. Let's ...

🚨 NEWS: Raymond James has initiated coverage of SpaceX with a strong BUY rating and a Street-high $800 price target.The firm calls SpaceX "one of the defining industrial infrastructure companies of the 21st century," arguing its businesses in launch, communications, AI, and compute are creating the foundation for the next generation of global infrastructure.Raymond James also estimates SpaceX could grow from $38.5 billion in revenue today to more than $837 billion by 2031.$SPCX ...

🇨🇳 JUST IN: China’s DeepSeek is developing its own AI chip, per Reuters. https://t.co/pIi1g6XabT ...

AI was integrated into cosmetics, and the result was mind-blowing...Per Reuters, L'Oreal integrated predictive AI across its global laboratories to accelerate product formulation timelines by 400%.The cosmetics giant utilizes digital simulations to predict molecular interactions with skin and hair, enabling scientists to validate variables and simulate ingredient performance before commencing physical lab testing.The initiative operates under the "beauty stimulus plan" spearheaded by CEO Nicolas Hieronimus ...

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RT Jordi Visser (@jvisserlabs)In case you have not heard, Bitcoin is dead and Michael Saylor is back again as the villain.The trend is still bearish but signs of change are showing up as I showed in this week's YouTube.The next rally will not start because everyone suddenly becomes bullish. Sentiment is too bad.The catalyst may be the reverse of two negatives rather than a positive. It may start because of two forces that have punished Bitcoin ease:1)AI equity momentum is crashing and the AI trade volatilit ...

CNBC’s Kai Nicol-Schwarz told Early Europe Edition that U.S. companies are increasingly adopting Chinese-built AI models as they grapple with rising AI costs. ...

The world’s biggest powers are shoveling a 13-digit pile of cash into winning the next global arms race. But they’re not buying nukes — they’re hoping to master AI, hypersonics, drones and military satellites. https://t.co/7obdnsfFoJ ...

Julian Emanuel of Evercore maintaining a $77.50% S and P year end price target, writing stocks have become more volatile as the wall of worry is large around AI adoption, spend regulation, profits, sustainability, and capital raise. Julian, join us now for more. Julian, good morning. Good morning.We often say on this program, you can learn something about the data, and you can learn something from how the market responds to the data. This morning, numbers from Samsung, fantastic. Record quarterly profits.St ...