Intel's stock fell roughly 28% on Friday, a sharp move for a company of its size, and the selloff spread across chipmakers including Nvidia.

The U.S. government holds a 10% stake in Intel, so the roughly $12 billion drop in holdings hit taxpayer-backed value directly.

Intel guided fourth-quarter revenue to $15 billion to $16 billion, falling short of the roughly $17 billion analysts had penciled in.

Gross profit margin is expected to decline to 37%, and Intel expects no positive cash flow, which keeps pressure on its capital spending plans.

Data center revenue grew 78% year over year, but growth is capped until Intel adds fab capacity; the next fab isn't expected online until 2028.

Blackstone now expects Anthropic to receive a double-B rating, the top tier of speculative junk grade, down from its earlier forecast of investment grade before 2027.

Anthropic officially filed to go public earlier this week, kicking off a listing that analysts say will have a significant impact across the broader AI industry.

The $63 billion deal to finance Anthropic's chips is the centerpiece of the company's aggressive infrastructure buildout over the past twelve months.

A junk rating would make it harder and more expensive for Anthropic to raise the capital needed to keep funding its business and compute commitments.

Investors have grown uneasy about the lab's spending spree, with large compute power deals stacking up steadily across the last year, according to reports tied to the filing.

The exposed credential granted full access to Applebee's customer database, which held names, emails, dates of birth, phone numbers, and ZIP codes for rewards program members.

The researcher found the credential by using AI to search thousands of lines of source code in Applebee's Android app, a task that used to take far more manual digging.

At least 8.5 million customers were enrolled in the rewards program as of last year, though Applebee's has not said how many of them had data exposed.

Records also included veteran status, login counts, account creation dates, and IP addresses of each customer's most recent log-in, which together make accounts easier to profile.

Applebee's would not say whether it keeps server logs that could show if anyone accessed the database, or if it keeps any logs at all, leaving the scope of misuse unknown.

Alphabet, Amazon, Meta, and Microsoft have outlined plans to spend more than $740 billion on capital expenditures this year, mostly on data centers and AI chips.

Alphabet reported negative free cash flow of $9.1 billion in the third quarter, while quarterly capex climbed to $51.4 billion and is expected to keep rising in 2027.

Amazon reported negative free cash flow of $42.4 billion over the past 12 months, even as AWS grew 39% and the company plans $220 billion in capex this year.

Microsoft still posted $18.6 billion in positive free cash flow on $45.2 billion of capex, making it the clear outlier among the big spenders this quarter.

Microsoft, Alphabet, Amazon, Meta, and Oracle together raised a combined $326 billion in debt during 2026, using stock and bond sales to fund AI infrastructure.

The Suncatcher satellite generates up to 1 kW of electricity, which is enough to run its TPUs but not all of them at once, so only one chip runs for roughly twenty minutes at a time.

Commissioning tested the satellite's subsystems over about three weeks before it was declared ready for work, and it has reported nominal operation since then.

Google has extensively tested its TPUs in particle accelerators on Earth, but space radiation can cause bit flips that corrupt data silently, which standard monitoring tools may not catch.

Google expects radiation to have minimal impact on inference workloads, but it considers training far more vulnerable, which shapes which jobs can realistically move to orbit first.

Two more Suncatcher-class satellites with advanced TPUs are planned for 2027, adding higher power generation and inter-satellite optical links for coherent distributed workloads.

AWS revenue grew 39% from the year-ago quarter, marking the sixth straight quarter of steady growth for the cloud division.

The company's annualized revenue run-rate for AWS now sits at $184 billion, based on the most recent quarterly results.

The CEO forecasts AWS revenue growth of roughly 40% in both 2027 and 2028, and says it can grow north of 40% each year.

Amazon's CEO says AWS can reach trillion-dollar annual revenue within five to 10 years, a goal that requires sustained AI-driven demand.

Shares fell about 6% in after-market trading Thursday after the earnings call, as investors weighed the scale of required AI infrastructure spending.