Qualcomm Plans Global Layoffs Starting November
Qualcomm plans global job cuts starting in November to strengthen performance amid slowing smartphone demand. Get the full details.
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AI Boom Warning Please click here for an enlarged chart of Direxion Daily Semiconductor Bull 3X ETF (NYSE:SOXL). Note the following: Semiconductors reflect the AI trade, and SOXL is the momo crowd’s
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Qualcomm plans global job cuts starting in November to strengthen performance amid slowing smartphone demand. Get the full details.
As tech leaders debate whether artificial general intelligence (AGI) has arrived, major companies are spending record amounts on AI infrastructure. The article examines different CEOs' timelines for AGI and identifies three stocks best positioned to profit from the massive AI spending regardless of when AGI actually arrives: Nvidia, Broadcom, and Alphabet.
Michael Burry predicts an AI-driven market decline such as in 2000, when major winners plunge while beaten-down stocks rise.
3M stock surged 5.1% after announcing an expanded data center partnership with Amazon and raising full-year 2026 earnings guidance for the third consecutive quarter. The deal includes a warrant for Amazon to purchase up to 3.2 million 3M shares tied to $6 billion in cumulative sales over seven years, reflecting 3M's strategic push into AI infrastructure.
Michael Saylor predicts Bitcoin could surpass $100,000 within 12 months, driven by digital credit, BTC lending and tokenized securities.