Browsing: Spending

Surging global prices for semiconductors are forcing even the largest supply-chain resilient names in technology to raise the costs of their products

SpaceX shares sank 9% on Wednesday after a surge in artificial intelligence spending rattled investors and clouded an otherwise expectation-beating quarter

After SpaceX spent way more on its AI buildout than analysts expected, executives tried to convince investors on Tuesday that it’s all worthwhile, claiming that the company is making its money back within a year

OpenAI is dominating the first visible wave of artificial intelligence spending inside Congress

Amazon said it will be increasing this year’s capital spending on technology, mostly artificial intelligence, by an additional 10% after the tech and e-commerce giant delivered strong profits and net sales during for fiscal second quarter, helped by surging growth in its prominent cloud computing unit

DraftKings, FanDuel and other online sports betting companies have ramped up election spending on the U.S. midterms to at ​least $72 million so far, the latest campaign election data shows, as prediction markets like Kalshi and Polymarket bring fresh scrutiny — and competition — to online betting

DraftKings, FanDuel and other online sports betting companies have ramped up election spending on the U.S. midterms to at ​least $72 million so far, the latest campaign election data shows, as prediction markets like Kalshi and Polymarket bring fresh scrutiny — and competition — to online betting

President Donald Trump, left, and Chinese President Xi Jinping arrive during a state dinner at the Great Hall of the People, May 14, 2026, in Beijing. /Mark Schiefelbein, File)

Consumer spending drives about two-thirds of U.S. economic activity, and June retail sales showed continued demand despite slower job growth and higher household costs

The race to build artificial intelligence infrastructure at a trillion-dollar annual clip is eroding the free cash flow and increasing balance-sheet risk at so-called hyperscalers, warned Moody’s Ratings