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SHOCKING: 23 | Mind Blowing Facts

Quote of the day by NVIDIA CEO Jensen Huang: "Moore's law is dead. It's completely over" — Will GPUs ever be affordable again?

Prices climb as Moore's Law seemingly dies, and AI demand rises, all while NVIDIA dominates. PC builders are left wondering if affordable GPUs will ever return.

Windows Central

CoreWeave proves Nvidia's aging AI GPUs from 2020 can generate profit nine years after deployment, signs A100 contracts into 2029 — power constraints and legacy infrastructure keep old GPUs profitable

CoreWeave reported $2.58 billion in quarterly revenue, up 112% year over year.

Tom’s Hardware

Mark Cuban Warns Nvidia Is 'Funding Everyone' in the AI Boom. IREN Stock Proves His Point.

Nvidia has committed billions to IREN, but can the company fund its AI buildout without overextending itself?

Barchart

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Why IBM Stock Looks Like a Very Promising Long-Term Pick

The tech giant has multiple, highly promising initiatives and a winning CEO.

Barchart

Rogue AI Agents Are Raising Alarms. Tech Giants Are Proposing a New System to Track Them.

The Open Secure AI Alliance is developing the Shared AI Findings Exchange, a proposed incident-reporting framework designed to give the industry a common way to document rogue AI incidents.

International Business Times

CoreWeave Is Making Old Nvidia Chips Look New Again

Wall Street’s AI conversation has become fixated on Nvidia Corp‘s (NASDAQ:NVDA) newest chips. CoreWeave, Inc. (NASDAQ:CRWV), however, used its second quarter earnings call to make a different point: older GPUs may have far more earning power than investors think.

Benzinga

Nvidia reckons new $500 billion investment should allay fears AI companies are just funded by the same pot of cash moving around in one big circle. Reassured yet?

Still seems like a big bubble to me, though.

PC Gamer

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Cathie Wood's ARK Invest Buys Nvidia Dip, Loads Up on Broadcom; Deere Stake Cut by $37M

Cathie Wood's ARK Invest ramped up its stakes in Nvidia and Broadcom amid the ongoing AI infrastructure expansion, while reducing its position in Deere by $36.8 million.

International Business Times UK

Jensen Huang, Larry Page, and Sergey Brin Lose $27B Combined; Musk and Zuckerberg Grow Richer

Elon Musk and Mark Zuckerberg's fortunes soared, while Larry Page and other tech billionaires faced steep losses on the Forbes list, highlighting tech stock volatility.

International Business Times UK

UPDATED: NVIDIA-Backed Nebius Says AI Capacity Demand Is So Hot It Could Sell Out 2027 Today

Editor’s Note: This story has been updated to correct the adjusted EPS figure.

Benzinga

CoreWeave boosts 2026 spending plan, beats quarterly estimates on AI demand surge

The AI cloud company also lifted its targets for 2026 revenue and adjusted profit, ‌banking on ⁠a ballooning ⁠order book, after its revenue backlog topped $100 billion in the June quarter.

The Economic Times

Michael Burry Calls Nvidia’s $500 Billion AI Financing Push a ‘Wall Street Stunt’: ‘Meet the New Boss…'

Famed investor Michael Burry has targeted Nvidia Corp.’s (NASDAQ:NVDA) push to unlock over $500 billion in artificial intelligence infrastructure financing, calling the initiative a “Wall Street stunt” that relies on opaque private credit arrangements.

Benzinga

Nvidia partners with Wall Street giants to raise $500 billion for AI buildout

Nvidia signed memorandums of understanding with Apollo, BlackRock, Blackstone, ⁠Brookfield, Goldman Sachs and KKR for the financing platforms. Nvidia CEO Jensen Huang said on ‌X that the ⁠company ⁠has the option to backstop up to $125 billion, or 25% of the potential deals.

The Economic Times

Foxconn posts quarterly profit surge on AI server demand

The company said net profit for April-June reached NT$59.97 billion ($1.86 billion), up 35% from the previous year. Foxconn, whose official name is Hon Hai Precision Industry, has gone beyond assembling low-margin iPhones to making AI servers for US tech giant Nvidia, along with electric vehicles and robots.

The Economic Times

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Tom’s Guide

I tested the HP HyperX Omen 16 Valorant Edition — and it's possibly the best way to experience the shooter

The HP HyperX Omen 16 Valorant Edition is a powerful gaming laptop that is perfect for playing Valorant, though its tight keyboard is a detraction.

Fortune

Kalshi's CEO is racing to build a futures market for AI's most precious resource, which could be worth $100 trillion by 2030

Compute is the new oil—but building its futures market may be just as messy.

The Economic Times

Global Market: Norway sovereign fund reveals stake in Musk’s SpaceX

Norway’s $2.3 trillion sovereign wealth fund held a 0.05% stake in SpaceX worth $1.22 billion as of June 30, marking its first public disclosure of an investment in the private space company. The fund also holds major stakes in Nvidia, Apple, Alphabet and Microsoft.

The Economic Times

Norway wealth fund holds $1.2 bln stake in SpaceX

It held a 1.28% stake worth $62 billion in Nvidia, a 1.24% stake worth $52 billion in Apple, a 1.17% stake worth $50 billion in Alphabet, a 1.27% stake worth $35 billion in ⁠Microsoft and a ‌1.7% stake worth $34 billion in Taiwan Semiconductor Manufacturing, fund data showed.

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Fortune

CoreWeave CEO Michael Intrator cites ‘sold out’ capacity as revenue more than doubles and backlog swells to $104 billion

The neocloud provider said revenue more than doubled in the second quarter, while backlog rose 246% year-over-year to $104.2 billion.

Benzinga

CoreWeave Stock Surges Over 18% After Earnings, Analyst Says Old Nvidia GPUs Can 'Still Generate Revenue Nearly a Decade Later' (UPDATED)

Editor’s Note: The story has been refreshed with the latest market price action and a revised headline.

Barchart

This Mag 7 Dividend Stock Is Trading Near 2026 Highs. Why It's Still a Buy.

Microsoft's dividend yield is the highest among the Magnificent 7 companies. Reasonable valuations and strong momentum in AI monetization make MSFT stock a buy despite the sharp rally from its 2026 lows.

Benzinga

Nebius Earnings Preview: Michael Burry Is Short but Prediction Markets See Nvidia, Meta Taking Center Stage

Michael Burry is short Nebius Group N.V. (NASDAQ:NBIS) at $211.77, describing his latest bearish bets as “a bit like shooting fish in a barrel.”

Kiplinger

Stocks Still Await Signs of Price Stability: Stock Market Today

Current questions about consumer prices will be answered tomorrow, and then we'll talk about producer prices.

International Business Times

Stocks Fall Again As U.S.-Iran Deal Remains Elusive. Brent Closes In On $90.

Stocks fell again on Tuesday as prospects of a deal between the U.S. and Iran remain elusive despite optimistic remarks from a top Pakistani official

Barchart

Nvidia’s Best Customers Have a Reason to Stop Buying So Many Nvidia Chips

Nvidia’s biggest customers are buying more of its chips while spending billions to reduce their dependence, creating a new risk for Nvidia

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