Technology -

108329127 1782895791515 gettyimages 2252067243 TFSPI 19122025 3386

UAE’s MGX raises $49 billion fund to back AI companies

TazaPulseJuly 1, 2026

Abu Dhabi’s sovereign wealth fund MGX on Wednesday announced it has closed a $49 billion fund to back AI companies, making it one of the biggest ever investment vehicles focusing on the sector. Investors are racing to throw money behind AI companies, as they bet big on the transformational potential of the tech across enterprise....

108289092 1775726960175 gettyimages 2230019615 vcg111584778136

Employers who laid off workers for AI are reversing their decisions

TazaPulseJuly 1, 2026

A mechanical hand is on display at the Robot Mall, world’s first embodied intelligent robot 4S store, on August 13, 2025 in Beijing, China. Vcg | Visual China Group | Getty Images Companies are rapidly changing their minds that artificial intelligence can “do it all” by rehiring employees to propel their businesses forward, as investors...

Jim Cramer says the AI trade has shifted — and these stocks are leading now

TazaPulseJuly 1, 2026

CNBC’s Jim Cramer on Tuesday offered up a straightforward framework for Wall Street’s current approach to the artificial intelligence trade. “Wall Street’s now rewarding tech companies with products in high demand and punishing their customers,” the “Mad Money” host said. The shift comes as the “Magnificent Seven” collectively shed roughly $2.3 trillion in market value...

108269269 1771956501574 gettyimages 2261852583 INDIA AI SUMMIT

Anthropic says Trump admin has lifted export controls on Claude Fable 5 and Mythos 5

TazaPulseJuly 1, 2026

Dario Amodei, co-founder and chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Prakash Singh | Bloomberg | Getty Images Anthropic on Tuesday announced that the U.S. Department of Commerce has lifted the export controls on its Claude Fable 5 and Mythos 5 models, putting...

Customers driving hard bargain on price contributed to memory shortage

TazaPulseJuly 1, 2026

Micron CEO Sanjay Mehrotra said Tuesday that memory chipmakers aren’t the only ones to blame for the current supply-and-demand imbalance, which has recently led to price hikes for smartphones, computers and other consumer electronics. Customers who drove a hard bargain in pricing in recent years also contributed to the squeeze, Mehrotra argued, suggesting that left...

Technology

Palo Alto, CrowdStrike wrap best quarter ever as AI bolsters demand

TazaPulseJuly 1, 2026

Palo Alto Networks and Crowdstrike signage. Stanislav Kogiku | SOPA Images | LightRocket | Chris Jung | Nurphoto | Getty Images It’s been a good quarter for technology stocks, and cybersecurity leaders Palo Alto Networks and CrowdStrike have both joined the historic rally. CrowdStrike and Palo Alto rallied 95% and 113%, respectively, between April and...

108326909 17824032361782403233 46767192115 1080pnbcnews

Anthropic launches AI drug discovery program, Claude Science

TazaPulseJuly 1, 2026

CEO of Anthropic Dario Amodei attends a working lunch with G7 leaders, G7 outreach partners and global tech CEOs on innovation and AI, during the G7 Summit on June 17, 2026, in Évian-les-Bains, France. Anna Moneymaker | Getty Images News | Getty Images Anthropic is starting an internal drug discovery program as part of an...

108315137 17804039612026 06 02t070117z 2025086743 rc2jllak5qdb rtrmadp 0 computex intel

This third-best S&P 500 stock in 2026 can jump another 40%

TazaPulseJune 30, 2026

“Intel is going to $200 like a rocket ship.” That is what Jim Cramer said about this favorite Club stock on CNBC on Tuesday morning. With another 7.8% gain on the session, Intel was trading above its record-high close of $140.95 per share from June 22. On this final day of the first half of...

108323341 4ED2 REQ RooneyMattWood FULLInterview 061726

AWS puts $1 billion into new AI unit to embed engineers with customers

TazaPulseJune 30, 2026

Amazon Web Services CEO Matt Garman speaks at the AWS re:Invent conference in Las Vegas on Dec. 3, 2025. Noah Berger | AWS | Reuters Amazon Web Services on Tuesday announced it is investing $1 billion in a new Forward Deployed Engineering unit that will help its customers build and roll out artificial intelligence systems. ...

108327620 6ED4 REQ MH 062626 WahidNawab 2

AeroVironment stock booms as earnings show defense spending surge

TazaPulseJune 30, 2026

AeroVironment shares skyrocketed 21% after the dronemaker easily blew past Wall Street’s fiscal fourth-quarter estimates, benefiting from U.S. plans to modernize the military and secure space. The Virginia-based defense company more than doubled revenue from a year ago to $642 million, while funded backlog jumped 65% to $1.2 billion. Revenue for autonomous systems totaled $492...