A thermal drone found 45 gas generators running at the Nebius (NBIS) data center in New Jersey. The state says it issued no permits.
Floodlight's thermal drone footage shows at least 45 of 62 gas generators operating at DataOne in Vineland, the site supplying Microsoft under Nebius' $17 billion deal. NJDEP says it has issued no permits and none are under review.
Meta (META) is testing robots to swap cables and reset servers. One could take 80% of some workloads, a worker says.
Wired reported Meta is testing robots from Kinova, ABB, and Watney Robotics to swap cables, power cycle servers, and reseat parts at its Iowa and Ohio data centers. One worker estimates a cable bot could replace up to 80% of some workloads. Meta says it needs more workers, not fewer.
IREN signed a frontier AI lab and is paying 9% to finance the GPUs. Microsoft deployment debt costs 6%.
IREN (IREN) reported fiscal 2026 results and a new multi-year contract with an unnamed leading frontier AI lab. The same release prices its GPU debt by customer: 9.0% on $2.4 billion for non investment grade deployments, 6.0% on the $3.6 billion behind Microsoft.
Meta (META) could spend $10 billion a year on Anthropic even after restricting its own engineers from using its tools
Meta is one of Anthropic's largest customers and is spending hundreds of millions a month on its tools, the New York Times reported, two months after Meta limited engineers from using Claude Code.
Anthropic is reportedly leasing an Nscale data center in West Virginia for $45 billion
Financial news wires report Anthropic will lease an Nscale data center in West Virginia for $45 billion, taking 460 megawatts, as Nscale is expected to spend about $71 billion to develop the site. Here is what is confirmed and who benefits.
China's Moonshot wants up to 30% of the revenue to put its Kimi K3 model on Azure, AWS and Google Cloud
Reuters reports the Chinese startup is negotiating to host Kimi K3 on Azure, AWS and Google Cloud, and wants up to 30% of the revenue. It would be the first big China AI-US cloud revenue-share deal.
Anthropic could file for its IPO within days. Investors are discussing $2 trillion, twice the valuation it set in May.
Bloomberg reported on Aug. 20, 2026, that Anthropic may make its IPO filing public by the end of August. The company is considering an offering large enough to equal or top the record raise set by SpaceX (SPCX). For a potential October market debut, investors have floated a $2 trillion valuation, more than double the $965 billion figure Anthropic established in May.
ECB researchers say an AI stock market correction is likely, even if AI delivers. European households hold €440 billion of US tech stock.
Five European Central Bank researchers wrote on Aug. 17 that "a correction of current stock market valuations is likely," even if the technology succeeds. European households hold around €440 billion of US tech stock, and the authors say there is less room to cut rates against a crash than in 2000.
Druckenmiller bought $4 million of IREN. Bridgewater sold 96% of its stake the same quarter
Druckenmiller's Duquesne opened a small first-time IREN stake last quarter. We pulled every fund we track: who sold IREN, who kept it, plus the $788 million co-CEO grant and a share count that has grown 6.5x since 2022.
The AI trade rotates to a new sector every week. Which one is it going to be this week?
The AI trade has rotated by sector almost every week: software, then photonics, then memory. So which corner of AI runs next? I make the case for the one group that keeps riding along without ever leading.
You can trade single-stock options premarket starting August 17 at 7:30 a.m. ET. The first session includes Nvidia (NVDA), Tesla (TSLA), Apple (AAPL) and 18 more.
Cboe Options Exchange begins trading single-stock options at 7:30 a.m. ET on Monday, Aug. 17, two hours before the regular open. Limit orders only, no market or stop orders, and trades in the new sessions do not count toward the day's high and low.
Bill Ackman buys Netflix (NFLX) again after a $400 million loss
Bill Ackman's Pershing Square disclosed a new Netflix (NFLX) stake in its interim report, four years after selling near the lows for a loss above $400 million.
13 of Jim Cramer's last 15 tech calls beat the Nasdaq. The stocks he told people to avoid did even better.
I built a page to track how wrong Jim Cramer is. Right now 13 of his last 15 tech calls are beating the Nasdaq, and the stocks he waved people off are doing better than the ones he liked.
Max your 401k match, Roth IRA and HSA before you touch a single stock. Index funds come next, individual stocks come last.
The order I'd actually go in: 401k match, then Roth IRA and HSA, then a broad index fund (or X Money if you want zero market risk), then mega-caps and dividend ETFs, then single stocks last.
Musk says memory demand grows 200% a year against 20% supply. The new Micron (MU) and SK Hynix (SKHY) plants open in 2027 and 2028
Elon Musk did the memory math out loud on SpaceX's call: supply up 20% a year, demand up 200%. Microsoft put $25 billion of its capex on memory and Amazon named it too. The plants that would fix it open in 2027 and 2028.
I run an Inverse Cramer tracker. Jim Cramer just went 6 for 8, led by Astera Labs' 30% rally.
I built a page to track how wrong Jim Cramer is, and I like the guy anyway. Six of his last eight tech calls beat the Nasdaq, and the one that didn't is the one holding my whole tracker up.
The AI trade rallied Monday. Memory fell as much as 8% at the open even as chip prices kept rising.
Micron (MU) has lost a third of its value since June 25 and SanDisk nearly half. CoreWeave and Vertiv fell about half as far, and Nvidia rose. Memory contract prices never fell. What changed is the rate of increase, which went from 93-98% a quarter to a forecast 13-18%.
The Nasdaq fell six days straight, then chips ripped. Microsoft, Samsung, and Citadel buying out Aschenbrenner all landed inside 18 hours.
The Nasdaq's six-day losing streak ended at exactly six, which our own history piece said was the single most likely outcome. Microsoft's $678 billion backlog, Samsung's call that the chip crunch runs to 2028, and Citadel buying the bulk of a leveraged $24 billion book all arrived between Wednesday's close and Thursday afternoon.
Microsoft (MSFT) grew Azure 43% with $678 billion already booked. That is what Nvidia (NVDA) and Micron (MU) needed to hear.
Microsoft held its capital spending outlook near $190 billion, grew Azure 43% and rose 7.6% after hours. Meta raised its capex range by $10 billion at the low end, missed on earnings at $6.18 against a $7.14 estimate, and fell 9.0%. The market stopped scoring hyperscalers on capex announcements and started scoring them on whether the revenue arrives. That is a better setup for Nvidia, Broadcom and Taiwan Semiconductor than another spending headline, though it does nothing about the memory supply problem that actually caused July.
Kioxia hit limit-down again and is down 60% from its June peak. Sandisk (SNDK) co-owns its factories (July 28, 2026)
Kioxia closed at its limit-down price of 44,550 yen ($272 USD), down 18.33%, after finishing at the bottom of its daily band on July 17 as well. It is 60.5% below the 112,700 yen peak it set on June 22. It shares the Yokkaichi and Kitakami NAND plants with Sandisk (SNDK), which is why the two keep falling together.
Michael Burry posted three charts making the AI bear case. Two of them show the selling already happened.
Burry shared three Bloomberg charts on the AI trade. One maps the circular deals around Nvidia (NVDA). The other two show big tech forward multiples back at or below their 10-year averages, with Apple (AAPL) the lone expensive name and the only megacap missing from the circular map.
Korea's Kospi fell 10.84% and halted trading. Nvidia (NVDA) is flat and Micron (MU) is down 10% (July 28, 2026)
Korea's Kospi closed at 6,023.66 on Tuesday, down 10.84%, its fourth largest one-day fall on record, after Korea Exchange stopped all trading for 20 minutes. Samsung and SK Hynix each lost more than 13%. The US carryover went into memory and storage, with Sandisk (SNDK) down 14.52% and Micron (MU) down 9.54%, while Nvidia (NVDA) held flat and the Dow rose.
Anthropic says it never asked to ban open-weight AI. Dario Amodei does want China cut off from Nvidia (NVDA) chips.
Dario Amodei answered the Nvidia-hosted open-weights letter on July 27, three days after Anthropic became the only major AI lab to skip it. He says a ban was never the ask. What he does want is China cut off from US chips, a crackdown on industrial-scale distillation, and mandatory safety testing for every capable model, open or closed.
Rep. Jared Moskowitz bought SpaceX on its first day of trading. The disclosure landed 44 days later, with the stock down 29%.
Rep. Jared Moskowitz disclosed a $1,001 to $15,000 purchase of SpaceX (SPCX) dated June 12, 2026, the stock's first day of trading. It has fallen about 29 percent since, and the one stock he sold that week is the best performer in the filing.