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Europe’s AI Powerhouse: SAP Secures 85% of 2026 Revenue as AI Deals Skyrocket

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While the global enterprise AI landscape is often dominated by U.S. giants like Microsoft and Salesforce, Europe’s SAP is rapidly emerging as a powerful contender — and it’s betting big on artificial intelligence. In a recent interview, SAP CEO Christian Klein revealed that AI is now the top driver behind new client contracts, fueling impressive […]

SoftBank’s Masayoshi Son Bets Big on AI, Aiming to Shape the Future of Technology

Alibaba Unveils $660 AI Glasses to Challenge Meta and Launches Its Own ChatGPT Rival

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Alibaba has officially entered the smart wearable race with the launch of its Quark AI Glasses and a new ChatGPT-style chatbot, signaling its strongest consumer-focused AI push yet. The tech giant announced that pre-orders for the Quark AI Glasses will begin on October 24 via Tmall, its flagship e-commerce platform. The initial pre-sale price is […]

Alibaba Stock Soars 19% as Cloud Unit Growth and New AI Chip Plans Boost Investor Confidence

Tesla Misses Earnings, Meta Slashes Jobs, and U.S. Tightens Oil Sanctions on Russia — Your Morning Market Brief

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1. Tesla Hits a Speed Bump All eyes were on Tesla yesterday as it kicked off the new earnings season among the “Magnificent Seven” tech giants. Despite a slight recovery in revenue after two declining quarters, earnings per share fell short of market expectations due to rising capital expenditures. During the company’s earnings call, Elon […]

Tesla Fights $243M Autopilot Crash Verdict, Seeks Dismissal or New Trial

Super Micro Stock Dips 6% After Missing Revenue Targets in Weak Preliminary Q1 Report

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Super Micro Computer Inc. saw its shares drop over 6% on Thursday after releasing weaker-than-expected preliminary results for the first quarter of fiscal year 2026. The AI server manufacturer announced it anticipates revenue of around $5 billion for the quarter, falling short of its earlier guidance range of $6 billion to $7 billion. The shortfall, […]

How Huawei Rose from Telecom Player to China’s AI Powerhouse

Apple Rolls Out First U.S.-Built AI Servers from Texas, Marking a New Era in American Manufacturing

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Apple Inc. has officially begun shipping its first batch of American-made AI servers from a newly established facility in Houston, Texas, signaling a major step forward in its commitment to boost U.S.-based manufacturing and innovation. These advanced servers form a key part of Apple’s $600 billion investment initiative aimed at expanding local production, strengthening supplier […]

Tim Cook’s Masterclass: How Apple Dodged U.S. iPhone Demands While Winning Trump Over

Microsoft’s AI Chief Draws Line: No Plans for Adult or Erotic Chatbots

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Mustafa Suleyman, the CEO of Microsoft AI, has firmly stated that the company will not develop artificial intelligence systems designed for erotic or adult-based interactions, signaling a clear distinction from its longtime collaborator OpenAI. “That’s simply not a service we’re going to offer,” Suleyman said during the Paley International Council Summit held in Menlo Park, […]

How Huawei Rose from Telecom Player to China’s AI Powerhouse

EU Accuses TikTok and Meta of Violating Transparency Rules Under Landmark Tech Law

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The European Commission, which serves as the executive branch of the European Union, announced on Friday that it has preliminarily found Meta and TikTok in breach of key transparency requirements set under the Digital Services Act (DSA) — the EU’s groundbreaking technology regulation. According to the Commission, the two U.S.-based tech giants failed to provide […]

TikTok Faces U.S. Blackout as Commerce Chief Demands American Control Over App

Trump Ends Canada Trade Talks, Key Inflation Report Due, Target Job Cuts, and More Market Movers Today

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1. Trump Pulls the Plug on Canada Trade Talks President Donald Trump announced late Thursday that the United States is halting trade negotiations with Canada after controversy erupted over an Ontario government ad featuring the voice of former President Ronald Reagan. The ad criticized tariffs and their impact on Americans, but the Ronald Reagan Presidential […]

Trump Signals Openness to Nvidia Selling a ‘Weakened’ Blackwell AI Chip to China

AMD Surges 8% as IBM Taps Its Chips for Breakthrough in Quantum Computing Error Correction

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Advanced Micro Devices (AMD) shares surged nearly 8% on Friday after reports revealed that IBM successfully used AMD’s chips to run a quantum computing error correction algorithm — a major step forward in the development of scalable quantum systems. IBM’s stock also jumped around 8%, marking its best single-day performance since January, as excitement around […]

AMD Set to Resume AI Chip Exports to China as U.S. Reopens Licensing Path

AI Investments Fuel U.S. Growth While Small Businesses Struggle to Survive

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For Cameron Pappas, owner of Norton’s Florist in Birmingham, Alabama, the booming world of artificial intelligence feels far removed from his daily challenges. While tech giants like Nvidia, Alphabet, and Broadcom continue to drive Wall Street to record highs and lift the nation’s GDP, many small and midsize businesses are fighting just to stay afloat. […]

Senate Democrats Urge Trump to Halt AI Chip Sales Deal With China