Big Tech keeps $3 trillion of AI exposure off balance sheets through accounting footnotes
Nine major tech companies have amassed roughly $3 trillion in AI-related financial commitments that don't appear as liabilities on their…
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Berkshire Hathaway names Howard Buffett chairman, requires his sign-off on buybacks
Berkshire Hathaway named Warren Buffett chairman emeritus on Friday and elected his son, Howard Buffett, chairman of the board. Capital-allocation…
Bank of America finds carrier credits nearly offset Apple’s iPhone 18 price hike
Carrier trade-in credits on the iPhone 18 Pro Max have climbed to $1,200, according to Bank of America, largely offsetting…
Intel CEO says company can meet only half of customer chip demand as AI inference demand outruns factories
Intel CEO Lip-Bu Tan says the chipmaker can meet only about half of what its customers are ordering, as AI…
Michael Burry says Oracle’s SEC filings hide $261 billion in off-balance-sheet lease commitments
Michael Burry says Oracle's SEC filings hide $261 billion in off-balance-sheet data center lease commitments, most of it tied to…
