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Nvidia’s AI boom—and that of hardware providers like Super Micro and Cerebras—relies on a few big tech spenders like Microsoft and Google. As these giants pour billions into AI, risks mount. Here’s how concentrated the AI boom is and why it matters. MarketWatch provides the latest stock market, financial and business news. Get stock market

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Billionaires and their families spent an estimated $1.9 billion supporting presidential and congressional candidates in the 2024 election, a record that approached twice the spending logged in the lead-up to the 2020 election. With billionaires spending huge sums of money in an effort to sway the election, investors may be wondering how the broader public

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