Meta’s stock popped 5% on news it may cut its metaverse budget by up to 30%. Wall Street analysts see this as a crucial move toward financial discipline, freeing up billions for AI. Price targets suggest 20-69% upside from here.
ASUS reportedly denied a warranty claim for an RTX 5090 Astral graphics card after finding a microscopic “surface irregularity.” They then offered to replace it for $3,340, or $1,670 with a 50% discount. The situation highlights the often murky and frustrating world of hardware RMAs.
Microsoft is raising prices for its commercial Microsoft 365 and Office 365 plans starting July 1, 2026. The company is bundling over 1,100 new AI and security features into core plans to justify the increase.
A new piece in Inc. makes a compelling case for an online-first retail strategy. It argues that winning on a big-box retailer’s digital marketplace is now the prerequisite for securing valuable physical shelf space.
A long-simmering conflict between Chinese Android phone makers and app developers is boiling over. Regulators are now targeting high commissions and restrictive practices, signaling a major shift for the world’s largest smartphone market.
The bank is in early talks to hedge its exposure to loans for AI data centers via a synthetic risk transfer (SRT). This comes as banks face massive lending demands for a projected $3 trillion in data-center build-out costs through 2028.
The European CRM scaleup Brevo has become a unicorn through a massive €500 million secondary share sale. The profitable company is now eyeing aggressive expansion in the US market against giants like Salesforce.
The famed “Big Short” investor Michael Burry is sounding the alarm on AI stocks. He predicts a market peak is imminent, warns against passive funds, and says Palantir’s 2,100% surge is unjustified.
Anthropic is launching Claude for Nonprofits this Giving Tuesday. The package offers substantial discounts, specialized training, and integrations to help hesitant organizations adopt AI tools for grant writing and operations.
Bitcoin’s price tumbled sharply, dropping below $84,000 as traders braced for potential interest rate hikes. Analysts point to hawkish signals from the Bank of Japan and uncertainty ahead of the Fed’s meeting as the main catalysts. The sell-off pushed a key market health indicator to its most bearis
