The Nasdaq 100 lost some $2 trln of value after the AI ​trade spooked investors. Whether data-center ​spending, elections or memory prices sparked ⁠the selloff, the wild hype ​was bound to be tamed.

Democratic wins ‌could hit 41% of the US server farm pipeline, raising costs for AI labs and customers. ​Alphabet and Amazon can look abroad ​for build outs as their existing ⁠sites rise in value.

Democrats have taken Congress, the White House may be next. ​The political calculus leaves only ​a short time to build on ⁠some $4 trln of M&A under ​President Trump before tougher trustbusters ...

US and ‌Aussie giants Digital Realty and Goodman snapped up 8% of NextDC for some $400 mln, a 46% premium. It's ​small change for the buyers, and more ​deals for financially challenged upstarts will ...

Executives from TPG's Jim Coulter to ​David Solomon of Goldman ​Sachs gathered in the city ⁠to listen to officials tout ​Chinese innovation while downplaying ​its AI-led stock rout. Most striking was ...

Take-Two’s crime game ​could rake in $5 ​bln by the end of ⁠its launch week. ​It shows even in ​today’s crowded media landscape a single blockbuster can still cut ​through. But the ​importance of its ...

The ‌health giant spent 20 years buying into new fields like insurance. It now plans to ​spin off its pharmacies. The original ​M&A pitch touted cost cuts and new ⁠sales. A $14 bln market-value plunge ...

The US president ​promised lower prices ​and no new wars. Amid ⁠rising inflation driven ​by inconclusive conflict, his ​party has suffered a crushing loss. A White House ​still controlling key ​levers ...

Unsavory dealings will finally be scrutinized with Democrats regaining some power. The tech billionaire’s $750 ​mln of political spending since ​2024 as his companies secured government contracts ⁠is ...

The €36 bln luxury ‌car group issued another profit warning as its restructuring drive increased costs. Selling more higher-end, ​profitable cars could help revive ​its margin. But Brussels’ cap on ...

The UN climate ​summit meets in ​Turkey as populism, defeatism ⁠and dodgy maths ​dismiss reducing carbon emissions ​as impractical. The confab’s electrification push can reassert that ​renewables are ...

Investor fatigue over the cash-burning data center build-out is ​rising. A mild lender ​retreat could substantially raise up-front ⁠costs across the $1.8 trln pipeline. ​Volatile reactions to funding ...