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Chip giant ASML posts record orders and upbeat 2026 guidance as AI boom continues
Technology

Chip giant ASML posts record orders and upbeat 2026 guidance as AI boom continues

onathan Raa | Nurphoto | Getty Images ASML reported orders that smashed past expectations while 2026 sales guidance was also ahead of estimates as AI demand continues to support the Dutch chip giant’s business. Bookings, one of the most closely-watched metrics from investors, came in at 13.2 billion euros ($15.8 billion) in the fourth quarter […]

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China gives green light to importing first batch of Nvidia’s H200 AI chips, sources say: Reuters
World

China gives green light to importing first batch of Nvidia’s H200 AI chips, sources say: Reuters

Jensen Huang, chief executive officer of Nvidia Corp., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 6, 2026. Siemens and Nvidia announced an expansion of their strategic partnership to develop industrial and physical AI solutions to bring AI-driven innovation to industrial workflow. Photographer: Bridget Bennett/Bloomberg via Getty Images Bloomberg […]

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One year after DeepSeek, Chinese AI firms from Alibaba to Moonshot race to release new models
World

One year after DeepSeek, Chinese AI firms from Alibaba to Moonshot race to release new models

BEIJING — Chinese companies are accelerating the rollout of new artificial intelligence models as competition with U.S.-based rivals OpenAI, Anthropic and Google intensifies. Just over a year ago, China-made DeepSeek rocked global markets with the release of an AI chatbot that undercut OpenAI’s ChatGPT on usage fees and production costs, raising questions about the efficacy […]

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Amazon inadvertently announces cloud unit layoffs in email to employees
World

Amazon inadvertently announces cloud unit layoffs in email to employees

Amazon logo on brick office building facade with windows, San Francisco, California, Aug. 29, 2025. Smith Collection | Gado | Archive Photos | Getty Images Amazon on Tuesday sent a notice out to cloud staffers in an apparent error acknowledging “organizational changes” at the company. The e-commerce giant is expected to announce widespread layoffs across […]

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Intel says it will match government’s ‘Trump Accounts’ contribution to kids of employees
Technology

Intel says it will match government’s ‘Trump Accounts’ contribution to kids of employees

The Intel logo is displayed on a sign in front of Intel headquarters on Jan. 22, 2026 in Santa Clara, California. Justin Sullivan | Getty Images Intel, which now counts the U.S. government as its largest shareholder, said on Tuesday that it will match the Trump administration’s $1,000 payout for children of eligible U.S. employees. […]

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AppLovin demands short-seller CapitalWatch retract ‘conspiratorial’ report
Technology

AppLovin demands short-seller CapitalWatch retract ‘conspiratorial’ report

Jakub Porzycki | Nurphoto | Getty Images AppLovin sent a cease and desist letter to CaptialWatch Monday, claiming the short-seller’s report that the company “serves as a ‘digital laundromat’ for criminal syndicates” is defamatory and baseless. “Your respective ‘reports’ contain numerous absurd and demonstrably false statements of purported fact about AppLovin,” the letter states, calling […]

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Read the memo: Amazon’s grocery boss details restructuring, says more ‘deliberate’ strategy needed
Technology

Read the memo: Amazon’s grocery boss details restructuring, says more ‘deliberate’ strategy needed

On Monday, Amazon’s chief merchant, John Farrell, announced in a LinkedIn post that he’s leaving the company to “explore new challenges.” Farrell oversaw buying for its Fresh division and joined Amazon in 2019 from British supermarket chain Tesco. Amazon is reshaping its grocery business as it continues its nearly two-decade effort to become a giant […]

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Anthropic closes latest funding round above  billion and could go higher, sources say
Technology

Anthropic closes latest funding round above $10 billion and could go higher, sources say

CEO and Co-Founder of Anthropic Dario Amodei speaks during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026. Denis Balibouse | Reuters Anthropic has closed its latest funding round above the initial $10 billion target at a $350 billion valuation, CNBC confirmed on Tuesday. The round closed at a total […]

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Why investors shouldn’t cash out on Corning’s monster rally just yet
Technology

Why investors shouldn’t cash out on Corning’s monster rally just yet

Corning stock may be skyrocketing on Tuesday, but Jim Cramer has a clear message for investors tempted to take profits: The rally isn’t over yet. Shares surged more than 16% after CNBC reported that Corning inked a new partnership with fellow Club holding Meta Platforms . The Facebook parent said it will pay Corning up […]

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Texas governor halts new H-1B visa petitions by state agencies, public universities
Politics

Texas governor halts new H-1B visa petitions by state agencies, public universities

Gov. Greg Abbott talks about an approaching winter storm at the State Operations Center in Austin on Thursday, Jan. 22, 2026. Jay Janner | Austin American-Statesman | Hearst Newspapers | Getty Images Texas Governor Greg Abbott on Tuesday ordered an investigation into the H-1B visa program in the state, and directed state agencies and universities […]

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