CoreWeave topped revenue and earnings expectations as AI cloud demand accelerates, though the company carries $35 billion in debt.

U.S. oil climbed as much as 3% after Iran said the Strait of Hormuz won't reopen until conditions are met, and the U.S. fired on a ship it says violated the Ira

Longtime OpenAI executive Brad Lightcap announced his exit amid ongoing leadership churn at the AI lab and ahead of its IPO plans.

Bitcoin miner Riot Platform signed a 20-year, $9 billion compute deal with Anthropic, signaling bitcoin miners' pivot to AI infrastructure.

Intel priced a $20 billion stock offering at $95 per share to fund its AI infrastructure buildout amid surging demand.

CME Group plans to introduce two AI compute futures contracts in October, making AI computing power a tradable asset class.

Nvidia CEO Jensen Huang's plan to use GPUs as collateral for massive AI infrastructure financing gains traction, though China risk and chip depreciation remain

New York Fed data shows credit card balances rising midyear, highlighting the K-shaped economic recovery.

Super Micro's latest forecast exceeded expectations following a previously teased improvement in profitability.

Oracle's stock fell as analysts cite lack of clarity on AI spending plans, while the company reportedly plans a new round of layoffs.

Lumentum posted blowout earnings and an upbeat forecast driven by AI demand, though its stock was flat after hours.

A major AI finance firm reported a record quarterly profit from paper gains even as crypto revenue tanked 70%.

Target named its first chief AI officer as retailers race to adopt AI technology.

Wall Street analysts published divergent price targets for Micron and SanDisk as the AI-driven chip cycle continues.

Federal dollars in Medicaid and CHIP will no longer cover gender-affirming care for children, though states may still fund treatments.

DoorDash will move its incorporation from Delaware to Nevada, a legal shift backed by shareholders and cofounders.

JPMorgan is making a nine-figure bet as the Olympic Games' first-ever global banking partner for the 2028 LA Games.

AFL-CIO, AFT, and other unions sued the Education Department over proposed borrowing caps in Trump's repayment plan.