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On October 9, 2026, Australian AI data center operator Firmus withdrew its planned A$7 billion (approximately US$5–5.5 billion) initial public offering on the Australian Securities Exchange, citing "recent market volatility and prevailing market conditions."
Moore's Law originated in Gordon E. Moore's April 1965 article "Cramming More Components onto Integrated Circuits," published in Electronics magazine while Moore was at Fairchild Semiconductor. Moore initially projected annual transistor doubling; he revised this to a two-year cycle in 1975.
Michael Cembalest, Chairman of Market and Investment Strategy at J.P. Morgan Asset Management, has documented a striking concentration within U.S. equity markets: a basket of 42 AI-related stocks has been responsible for approximately 60%–80% of S&P 500 earnings growth, price returns, and capit…
In October 2026, Kamaldeep Singh stepped down as CEO of DealShare, an Indian social-commerce and value-commerce startup, to join Indofast Energy — a battery-swapping electric-vehicle joint venture between Indian Oil Corporation and SUN Mobility — as its chief executive.
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