Alphabet Joins the Dow, Replacing Verizon
Alphabet’s stock began trading as a component of the Dow Jones Industrial Average on Monday, replacing Verizon Communications in the 130-year-old index. Honeywell, which had been expected to leave, stays.…
Heat Waves Push Data Centers to the Brink
Patrick McBride spent the week watching thermometers the way other underwriters watch balance sheets. McBride, who runs international building-construction insurance at Zurich, said extreme weather has become the leading cause…
OpenAI Opens Limited Preview of GPT-5.6 Line
OpenAI on June 27 opened a limited preview of its next model family, GPT-5.6, offering customers a first look at three models aimed at different parts of the market: Sol,…
U.S. Set to Restore Foreign Access to Anthropic’s Fable 5
The export-control order landed on a Friday in June with little warning. U.S. officials told Anthropic to cut off foreign access to its two newest models, Fable 5 and Mythos…
A Handful of Stocks Now Move the Whole Market, and Analysts Are Wary
The weekend’s financial press was dominated by a single subject: the stock market has become a bet on a few technology companies, and the concentration has reached levels that have…
Amazon Digs In on AWS, Preparing for the AI Boom’s Next Phase
Amazon is fortifying its cloud business against the day the AI boom cools, according to an analysis this week, by binding as many AI workloads as possible to AWS infrastructure…
ASML’s EUV Monopoly Is Being Priced as the New OPEC of Chips
A growing number of analysts are comparing ASML to a modern-day OPEC: a single supplier that controls a resource the entire world needs, with the pricing power and the strategic…
Broadcom and OpenAI’s Jalapeño Chip Stirs the AI Hardware Market
A week after OpenAI and Broadcom unveiled their jointly designed AI chip, code-named Jalapeño, the announcement is still moving markets and prompting questions about whether the custom-silicon push can break…
Tech Industry Struggles as Trump Administration’s AI Policy Swings
A White House that asks an AI company to delay its product launch one week, threatens access restrictions the next, and then floats the idea of taking equity stakes in…
Anthropic’s Trillion-Dollar IPO Ambitions Face a Defensibility Test
Anthropic is preparing for what could be one of the largest technology IPOs on record, but its race with Alibaba’s cloud unit is raising a question that bankers and investors…
