The post reports AI-driven job cuts affecting Ireland's technology sector, which previously boomed from US multinationals.

Bloomberg reports that technology stocks fell sharply as investors reassessed the AI trade, citing concerns over semiconductor costs, capital spending, revenue sustainability, and US export restrictions.

Microsoft agreed to spend billions of dollars on Mistral's computing infrastructure in Europe, expanding distribution of Mistral's AI models through Azure and Foundry.

The Trump administration considers stricter rules on Chinese AI models, including liability for U.S. hosting providers, procurement bans, and export blacklist measures.

Iran claimed its naval air defense shot down a US LUCAS drone off the southern coast, citing state media photos of a damaged drone.

Moonshot told investors it is preparing to list within six months after its latest model reshaped perceptions of China's AI capabilities and caused global tech stock declines.

Moonshot AI announces the world's largest open-source model, highlighting China's narrowing gap with the US in AI development.

China conducted the largest known election data breach starting in the 2020 cycle, according to the White House.

Japan's Nikkei 225 fell 4% as technology stocks slumped due to concerns over artificial intelligence.

Alphabet shares closed down 4.4%, wiping out $200 billion in market capitalization.

Dallas Fed President Logan stated that a surge in AI investment could cause nonlinear price increases, with demand effects already present while productivity benefits may take longer to materialize.

The artificial-intelligence boom has become unavoidable for investors, dominating stock markets, corporate credit, and venture capital.

ZeroHedge questions how the corporate bond market can absorb $4-$8 trillion in AI data center debt after struggling with $250 billion in investment-grade bonds year-to-date.

Trump administration and the AI industry are discussing a framework to streamline US open-source models to market based on leading Chinese model capability ceilings.

Syntiant Corp., an Intel-backed AI chip and software maker, filed for an initial public offering.

Reuters reports Microsoft is cutting about 2% of its workforce (4,800 jobs) as part of a tech industry shift of investments toward AI infrastructure.

NOTUS reports that the US Treasury has an internal report warning about the dangers of an AI bubble.

The post reports that Micron shares soared after topping earnings estimates and that Merck will acquire Bio-Techne for $11.3 billion.

Pre-market report covers semiconductor stock surges, tech giants declining, and notable individual stock moves driven by earnings, M&A, and news.