Saudi Arabia and Microsoft Make Major AI Moves Amid Market Caution
Saudi Arabia's Humain announces multi-gigawatt data center deals with US tech giants, while Microsoft invests $5B in Anthropic. Analysts warn on hyperscaler economics.
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ChatGPT, X, and Global Sites Offline: Cloudflare Blames Outage on 'Spike in Unusual Traffic'
A global internet outage hit Cloudflare, causing popular sites like ChatGPT and X (formerly Twitter) to stop working due to a massive, unusual traffic spike.
Thoma Bravo Reportedly Makes a Bid to Buy Clearwater Analytics
Thoma Bravo has reportedly offered to acquire Clearwater Analytics, joining other private equity firms in a growing race to take the software provider private.
Mizuho Upgrades Rubrik Stock Despite Recent Pullback
Mizuho analyst upgrades Rubrik to Outperform with $97 price target, citing strong execution and favorable market position despite 16% stock decline.
Morgan Stanley Downgrades Dell and HP on Memory Cost Concerns
Morgan Stanley cuts Dell and HP ratings, citing rising memory costs and weak demand threatening hardware maker profits through 2026.
Alibaba Accused of Supporting Chinese Military Operations Against US Targets
White House memo claims Alibaba provides tech support to Chinese military for operations targeting US infrastructure, raising national security concerns about data access and cyber threats.