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Strategy Swings to $8.2B Loss as Bitcoin Slump Weighs on Holdings

Strategy reported a net loss of US$8.22 billion for the second quarter, against net income of US$10.02 billion a year earlier, in results filed after the US close on Thursday. An unrealised loss of US$8.32 billion on its Bitcoin drove the swing, compared with a US$14.05 billion gain in the same quarter of 2025. Company

Gwalior Telecom Manufacturing Zone to attract ₹12,000 crore investment: Scindia

In this image posted on July 30, 2026, Union Communications Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Mohan Yadav after signing an MoU between the Department of Telecommunications (DoT) and the Madhya Pradesh government for setting up India's first Telecom Manufacturing Zone (TMZ) in Gwalior, in New Delhi. | Photo Credit: Via PTI Photo

Big Tech AI spending spree tops $1tn

For help please visit help.ft.com. We apologise for any inconvenience. The following information can help our support team to resolve this issue. Reason Challenge Request ID a2802d52998b3d21 Status Code 403

Lisa Su Runs AMD—and Is Out for Nvidia’s Blood

A piece of advice if you’re meeting with Lisa Su: Wear sneakers. Su, the leader of AMD, moves fast these days, though I suspect that’s always been the case. Her company's chips underpin the artificial intelligence that’s changing the world at breakneck speeds. To hear Su and literally everyone else in semiconductors talk about it

Nvidia’s Jensen Huang lobbies Trump administration to sell Blackwell to China

beebright - stock.adobe.com The AI acceleration technology provider is looking at the massive opportunity in selling high-end chips to China By Cliff Saran, Managing Editor Published: 28 Aug 2025 13:15 Nvidia has posted another massive growth in its datacentre business, but its CEO is eager to sell the company’s high-end Blackwell chip to China. Nvidia

The Dawn of Nvidia’s Technology

Because Nvidia became one of the most valuable companies in the world, there are now two books explaining its rise and extolling the genius of Jensen Huang, Tae Kim's The Nvidia Way: Jensen Huang and the making of a tech giant , and Steven Witt's The Thinking Machine: Jensen Huang, Nvidia, and the World's Most

The case against Google, Nvidia’s chip win, and Mark Zuckerberg’s AI friends: Tech news roundup

Photo: Nathan Howard (Getty Images), Jemal Countess / Stringer (Getty Images), Andrew Harnik (Getty Images), Michael M. Santiago (Getty Images), Sean M. Haffey (Getty Images), Peter Nicholls (Getty Images), Jack Taylor (Getty Images), David Ramos (Getty Images), Image: Brandon Bell (Getty Images) Meta CEO Mark Zuckerberg. Photo: Nathan Howard (Getty Images) It started with an

Nvidia’s bad day, Microsoft’s AI plans, Amazon’s TikTok play, and Intel’s future: Tech news roundup

Photo: Justin Sullivan (Getty Images), Leon Neal (Getty Images), Ethan Miller (Getty Images), Justin Sullivan (Getty Images), Tomohiro Ohsumi (Getty Images), Eugene Gologursky (Getty Images), Andrea Verdelli (Getty Images), David Paul Morris (Getty Images), Chip Somodevilla (Getty Images), Michael M. Santiago (Getty Images) Nvidia headquarters on May 21, 2024 in Santa Clara, California. Photo: Justin

Can Nvidia’s RTX 5070 really deliver RTX 4090 performance for $549?

Nvidia CEO Jensen Huang made a bold claim onstage at CES earlier this week when he was introducing the next-generation RTX 50-series GPUs. “The...

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Strategy Swings to $8.2B Loss as Bitcoin Slump Weighs on Holdings

Strategy reported a net loss of US$8.22 billion for the second quarter, against net income of US$10.02 billion a year earlier, in results filed after the US close on Thursday. An unrealised loss of US$8.32 billion on its Bitcoin drove the swing, compared with a US$14.05 billion gain in the same quarter of 2025. Company

Gwalior Telecom Manufacturing Zone to attract ₹12,000 crore investment: Scindia

In this image posted on July 30, 2026, Union Communications Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Mohan Yadav after signing an MoU between the Department of Telecommunications (DoT) and the Madhya Pradesh government for setting up India's first Telecom Manufacturing Zone (TMZ) in Gwalior, in New Delhi. | Photo Credit: Via PTI Photo

Big Tech AI spending spree tops $1tn

For help please visit help.ft.com. We apologise for any inconvenience. The following information can help our support team to resolve this issue. Reason Challenge Request ID a2802d52998b3d21 Status Code 403

Situational Awareness fund’s $16B liquidation prompts Wall Street to bet AI trade has bottomed

A 24-year-old former OpenAI researcher just became Wall Street’s most expensive cautionary tale. Leopold Aschenbrenner’s Situational Awareness LP hedge fund sold its entire public equity portfolio, roughly $16 billion worth of AI stocks, to Citadel in a single block trade this month after its leveraged bets cratered. From moonshot to meltdown Situational Awareness launched in

Strategy Posts $8.22B Q2 Loss as Bitcoin Holdings Climb to 843,775 BTC

TLDR: Strategy posted an $8.22 billion net loss in Q2 2026 from bitcoin fair value changes. Bitcoin holdings reached 843,775 BTC as of July 26, up 25% year to date in 2026. Convertible debt fell to $6.71 billion after Strategy repurchased notes at a discount. USD Reserve grew to $3.75 billion...