Tag: Nasdaq

AI safety warnings trigger tech stock selloff — Nasdaq down ~0.8%, chip stocks hit hard

Anthropic CEO Dario Amodei's weekend call to slow frontier AI development, quickly echoed by OpenAI's Sam Altman and Elon Musk, triggered a Monday selloff that hit semiconductor stocks hardest, with the

SoundHound AI Officially Completes $43M LivePerson Acquisition

SoundHound AI has completed its $43 million acquisition of LivePerson, retiring the company's debt through 36.9 million newly issued shares and naming former LivePerson executive John Collins as CFO of t

SK Hynix Shares Jump 14% in Blockbuster Nasdaq Debut

SK Hynix's American Depositary Receipts opened 14 percent above their offering price in their Nasdaq debut, following a $26.5 billion offering that marked the largest-ever U.S. listing by a foreign compa

Why Dell Technologies Is Winning The AI Infrastructure Race

Dell Technologies delivered a record-setting quarter that sent its stock soaring as demand for AI-optimized servers continues to accelerate. The company’s stronger sales outlook and expectations for bill

Biotech Firm Hoth Therapeutics Restructures Entire Business to Build "Spintronic" AI Chips

Biotech company Hoth Therapeutics is making a dramatic shift into artificial intelligence infrastructure by rebranding as Rocket One and focusing entirely on spintronic AI chip technology. The company ai

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