AXT Posts Upbeat Q2 Earnings, Joins Newell Brands, SPX Technologies, Amazon And Other Big Stocks Moving Higher On Friday

Paul Krugman Says AI Boom Is ‘Crowding Out’ Other Investments in a Way the Dot-Com Era Never Did: ‘This Isn’t a Hypothetical Risk’

Economist Paul Krugman said the AI boom is crowding out other investment, which the dot-com boom didn't do, whether or not it's a bubble.

The Emmys Are Moving to Amazon Prime Video — And You Won’t Need a Prime Subscription to Watch

Amazon will exclusively stream the Emmys globally from 2027 under a six-year deal, with viewers able to watch without a Prime subscription.

Ray Dalio Says AI Bubble Is ‘Close’ to Bursting as Debt and Rising Rates Raise Red Flags

Billionaire Ray Dalio said Wednesday that heavy AI borrowing and rising interest rates are pushing the market toward a bursting point.

Amazon, Google Face New Smart Home Rival as Apple Lines Up Doorbell, Lock and Camera Launches: Report

Apple and LG Electronics are reportedly developing smart home devices to compete with Amazon’s Ring and Google’s Nest.

Strength Seen in Allegro MicroSystems (ALGM): Can Its 8.7% Jump Turn into More Strength?

Allegro MicroSystems (ALGM) rallied 8.7% to $39.53, driven by strong growth in its data center business fueled by AI server demand and multiple design wins in data center and robotics. The company expects Q1 FY2027 EPS of $0.25 (+92.3% YoY) and revenues of $271.21M (+26.6% YoY). However, with unchanged earnings estimate revisions over the past 30 days, analysts caution that sustained momentum may require further positive estimate revisions. ALGM carries a Zacks Rank #3 (Hold).

Shares of semiconductor and chip companies are trading higher after Micron Technology's strong Q4 financial results and guidance demonstrated growing demand. The sector may be reflecting traders' bullish position in South Korea's KOSPI and Japan's Nikkei.