Wildest Trading Day Since Tariff Shock to Test Dip Buyers’ Nerve

Canva's COO, Cliff Obrecht, discussed the company's upcoming product rollouts and leadership enhancements as it prepares for a public offering. This announcement was made during an interview with Caroline Hyde on Bloomberg Tech.

US officials are discussing the possibility of allowing Nvidia Corp. to sell its H200 artificial intelligence chips to China. This potential move is contentious and could represent a significant victory for Nvidia, which is currently the world's most valuable company.

Africa is making strides to participate in the artificial intelligence (AI) race, as highlighted in a report by Bloomberg's Loni Prinsloo and Yinka Ibukun. The continent is working to enhance its capabilities and infrastructure to compete with established players in the AI sector, particularly as Wall Street invests heavily in AI technologies.

Equity investors are increasingly worried about the high levels of debt that Big Tech companies are accumulating to expand their artificial intelligence infrastructure, amid growing concerns of a potential market bubble.

Tech companies are investing billions into new data centers to support advancements in artificial intelligence (AI). This surge in investment is straining power grids and environmental resources, raising concerns about the sustainability of such rapid growth.

Japan's state-backed chip venture Rapidus Corp. is planning to go public around fiscal 2031. This initiative aims to enhance the country's domestic chipmaking capabilities, reflecting a broader strategy to strengthen Japan's position in the global semiconductor market.

Hon Hai Precision Industry Co., also known as Foxconn, plans to invest between $1 billion and $5 billion to expand its manufacturing operations in the United States. This initiative aims to meet the growing demands of major players in the artificial intelligence sector, including Nvidia Corp. and OpenAI.

Cathie Wood's ARK Investment Management purchased shares of Nvidia Corp. on Thursday, marking the first acquisition since August. This move follows Nvidia's impressive earnings report, reinforcing ARK's positive outlook on the semiconductor company.