Tesla stock closes at record as investors rally around Musk’s robotaxi hype despite slow EV sales

What started off as a particularly rough year for Tesla investors is turning into quite the celebration. Following a 36% plunge in the first quarter, the stock’s worst period since 2022, Tesla shares have rallied all the way back, reaching an all-time closing high of $489.88, jumping 3.1% on Tuesday. They’re now up 21% for … Read more

AI infrastructure selloff continues on Wall Street as Broadcom, Oracle shares slide

Broadcom CEO Hock Tan. Lucas Jackson | Reuters In at least one corner of the artificial intelligence market, sentiment has turned decidedly negative. Broadcom, CoreWeave and Oracle, three companies intimately tied to the AI infrastructure buildout, all had another rough day on Wall Street on Monday after selling off sharply last week. While the three … Read more

Here are the 2 big things we’re watching in the stock market this week

This week is the last full trading week on Wall Street for the year, and it is packed with key economic and earnings reports. The data will help us sharpen our 2026 market outlook following a wild week for stocks that saw the S & P 500 close at a record high this past Thursday … Read more

AI tools could drive $263 billion in holiday sales. Walmart and Target are racing to get in

Holiday shopping has always felt like a “chore” for Amrita Bhasin.  Between deciding what to buy, comparing prices and checking reviews, the 24-year-old retail tech CEO said she spent more than 15 hours each year buying gifts for her friends and family, a process that took the joy out of giving.  But this year, Bhasin … Read more

Oracle says there have been ‘no delays’ in OpenAI arrangement after stock slide

Oracle CEO Clay Magouyrk appears on a media tour of the Stargate AI data center in Abilene, Texas, on Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images Oracle on Friday pushed back against a report that said the company will complete data centers for OpenAI, one of its major customers, in 2028, rather … Read more

Rivian’s AI, autonomy impress Wall Street, but EV and capital concerns remain

Rivian CEO RJ Scaringe at the company’s first “Autonomy and AI Day” on Dec. 11, 2025, in Palo Alto, California. Lora Kolodny | CNBC Rivian Automotive impressed Wall Street on Thursday with its plans for artificial intelligence, automation and an internally developed silicon chip, but significant challenges involving demand and capital remain for the electric … Read more

Oracle’s lease commitments jump by almost 150% as company builds out to meet AI demand

Oracle CEO Clay Magouyrk, center, speaks on a media tour of the Stargate data center in Abilene, Texas, on Sept. 23, 2025. Stargate is a collaboration of OpenAI, Oracle and SoftBank, with promotional support from President Donald Trump, to build data centers and other infrastructure for artificial intelligence throughout the US. Kyle Grillot | Bloomberg … Read more

Broadcom reveals its mystery $10 billion customer is Anthropic

A Broadcom sign is pictured as the company prepares to launch new optical chip tech to fend off Nvidia in San Jose, California, U.S., September 5, 2025. Brittany Hosea-small | Reuters Broadcom revealed during a September earnings call that it had signed a customer that had placed a $10 billion order for custom chips. At … Read more

Oracle plummets 11% on weak revenue, pushing down AI stocks like Nvidia and CoreWeave

Oracle shares sank 11% in extended trading on Wednesday after the database software maker reported lower quarterly revenue than expected despite booming demand for its artificial intelligence infrastructure. AI-related stocks were hit following the report with, chipmakers Nvidia and Advanced Micro Devices each dropping about 1% and cloud provider CoreWeave sliding more than 3%. Here’s … Read more

Meta acquiring AI wearable company Limitless

Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., Sept. 17, 2025. Carlos Barria | Reuters Meta is acquiring artificial intelligence wearable startup Limitless, the companies said Friday. … Read more