Technology research firm Gartner projects that 80% of new cloud companies will disappear by 2030. It expects AI infrastructure spending to approach $1 trillion this year and to add $6 trillion between 2027 and 2030, while projecting cumulative AI revenue of only $3.6 trillion by 2030. Neocloud stocks including CoreWeave, Nebius Group, IREN, and Hut 8 fell sharply.

Wirecutter, the product recommendation site owned by The New York Times, is reworking its business model to reduce its reliance on affiliate commissions. New editorial franchises have drawn more than 5 million page views. Hybrid deals have grown more than 300% year over year, and gross merchandise value topped $1 billion over the past year. The shift responds to AI search summaries that cut clicks on commercial-intent queries.

As the era of agentic automation arrives, C3.ai (NYSE:AI) and UiPath (NYSE:PATH) offer different ways to play the trend. Choosing between them requires

IonQ shares fall as quantum computing group agrees $1.3bn cybersecurity deal Proactive uses images sourced from Shutterstock

Arm shares have risen nearly 177% year to date as major AI platforms adopt Arm-based chips. Customer demand for Arm’s AGI CPU has now exceeded $2 billion, well above the $1 billion opportunity management previously outlined. For fiscal Q1 2027, Arm posted revenue of $1.289 billion, up 22.4% year on year and ahead of market expectations. External estimates put the CPU market at as much as $200 billion to $220 billion.

South Korea’s ultrawealthy investors pared back Samsung Electronics and SK Hynix in the third quarter, posting net sales of about 864.8 billion won and 718.9 billion won, respectively, the largest sell-offs among domestic stocks. Clients with at least 1 billion won in financial assets recorded combined net selling of more than 1.5 trillion won across the two names, underscoring broad profit-taking. They also shifted toward preferred shares with dividends and covered-call ETFs that make monthly distributions, while some added leveraged ETFs for higher-risk exposure, according to a Korea Economic Daily analysis.

Cboe Global Markets and S&P Dow Jones Indices said they have extended their exclusive licensing agreement by 25 years through 2051, keeping Cboe’s sole rights to trade S&P 500 Index (SPX) options. SPX options posted record 2025 trading volume of 970.6 million contracts, while average daily volume rose 25% year over year, according to Cboe. After the announcement, Cboe shares climbed 5.83%.

AMD said it will acquire AI startup World Labs in an $8.2 billion all-stock deal. World Labs was founded by Fei-Fei Li and focuses on research into physical AI systems. The company raised $1 billion earlier this year in a round that included AMD. AMD expects the transaction to close by the end of 2026.

Nvidia has authorized an additional $150 billion for share repurchases, the largest single increase in buyback authorization on record, taking its total authorization to $235 billion. CEO Jensen Huang said the move reflects confidence in a long-term opportunity driven by AI and accelerated computing. The company’s forward price-to-earnings multiple is about 24 times, close to the S&P 500’s 20-times multiple.