Vanguard Information Technology Index Fund ETF Shares News - April 17, 2026
Meta to Launch Major Layoffs May 20, Seeking Operational Efficiency
Meta will begin a significant wave of layoffs starting May 20. The company is reducing its workforce to reassess growth strategies and operational...
Netflix Plunges 10%, Driven by Soft Guidance and Hastings Exit
Netflix (NFLX) shares fell more than 10% on Friday. The company reported first-quarter earnings per share of $1.23, beating the $0.79 forecast. Management...
Anthropic warns White House on Mythos AI, citing cybersecurity risks
Anthropic CEO Dario Amodei meets White House Chief of Staff Susie Wiles today, April 17. They will discuss the national security implications of the company’s...
Meta extends Broadcom AI chip deal, joining $600B custom silicon race
Meta Platforms and Broadcom extended their partnership to develop custom AI chips through 2029. The collaboration focuses on Meta’s Training and Inference...
Anthropic explores custom AI chips, seeking lower costs and better performance
Anthropic is exploring the design of custom chips to power its future artificial intelligence models. Reuters first reported that the company is in the early...
Meta Extends Broadcom Chip Deal Through 2029, Fueling $135B AI Push
Meta Platforms and Broadcom extended their strategic partnership to develop custom AI chips through 2029. The collaboration focuses on specialized processors...
TSMC Profits Soar 58% on AI Demand, Boosts Annual Revenue Forecast
Taiwan Semiconductor Manufacturing Co. (TSMC) reported a record first-quarter net profit increase of 58% year-over-year. Gross margins reached a record high of...
Anthropic provides Mythos AI to federal agencies, strengthening national cybersecurity
The U.S. government is preparing to deploy Anthropic’s Mythos artificial intelligence model across major federal agencies. A memo reviewed by Bloomberg News...
TSMC Raises 2026 Revenue Forecast Above 30%, Citing Surging AI Demand
Taiwan Semiconductor Manufacturing Co (TSMC) raised its 2026 revenue growth forecast to above 30%. This projection increases the 25% growth estimate issued...