Broadcom Inc. shares fell 5% to $359.66 after Marvell Technology Inc. secured a deal to develop custom AI chips for Alphabet Inc.'s Google, threatening Broadcom's position as Google's incumbent custom…
24/7 Wall St. set a $341.77 price target on Amazon (NASDAQ:AMZN), implying 31.73% upside from the current $259.45, with a buy recommendation and 90% confidence, driven by AWS re-accelerating to its fa…
Marvell Technology shares jumped 13% to $243.66 after the company disclosed a warrant issued to Alphabet's Google worth about $12.18 billion as part of a deal to develop custom AI chips, while Broadco…
Chinese AI video-generation models now dominate the global leaderboard, occupying nine of the top 10 text-to-video systems on Artificial Analysis, with ByteDance, MiniMax Group, Alibaba Group Holding,…
Apple Inc. (NASDAQ: AAPL) shares rose 1.5% to $310.03 on Tuesday, outperforming the Invesco QQQ Trust (NASDAQ: QQQ), which fell 2%, after a Wall Street Journal analysis revealed that big tech companie…
China has relaxed restrictions on Nvidia's H200 chips, allowing ByteDance and Tencent to receive approximately 10,000 units each, according to the Financial Times. The move aims to boost China's compe…
Alphabet's Google won a $10 million bankruptcy auction for Spirit Airlines' internal business records, including roughly 100 million emails, 500 million Microsoft Teams chats, 30 million lines of code…
JPMorgan Asset Management Chief Market Strategist Gabriela Santos warned on August 18 that AI-related concentration risk has spread from equities into fixed income, with record investment-grade bond i…
Berkshire Hathaway owned about 106 million Alphabet shares worth nearly $38 billion at the end of June, making it the company's third-largest stock holding, and Warren Buffett, who stepped down as CEO…
Apple Inc.'s status as an anti-artificial intelligence play has become stock market baggage, with shares falling roughly 10% since a record close on July 28 amid a rotation back into AI winners. The s…
Roughly 71% of fund managers do not expect any AI hyperscaler to announce a cut in capital expenditures this year, according to BofA's latest fund manager survey, up from 61% in July. BofA analyst Viv…
Google, a subsidiary of Alphabet, won a bankruptcy auction on August 17 to acquire approximately 600 million internal communications from Spirit Airlines for $10 million, about 1.7 cents per message. …
Nvidia has partnered with Apollo, BlackRock, and Goldman Sachs to mobilize over $500 billion for AI infrastructure projects, marking a shift from hardware-centric advantages to financial leverage. The…
Pony AI's robotaxi revenue hit a quarterly record of $12.1 million in Q2 2026, a 691.2% year-over-year increase, now accounting for 33% of total revenue. Total revenue rose 68.8% to $36.2 million, dri…
Wall Street's record-breaking earnings season, with U.S. annual profit growth hitting 50% at midyear and capital expenditure heading north of $1 trillion, masks persistent investor anxiety over the AI…
Uber Chief Operating Officer Andrew Macdonald said on the 20VC podcast that the company's scale—nearly $250 billion in annualized gross bookings—makes it harder to justify new business bets, as the co…
A Financial Times analysis of the 60 largest US data centers under construction by Amazon, Google, Meta, and Microsoft estimates they will produce 101.5 million tons of carbon dioxide annually once fu…
US investment-grade bond sales hit a third consecutive monthly record in July 2026, driven by a surge in AI infrastructure borrowing, with total issuance reaching $1,681 billion through July, a 26.9% …
Stanley Druckenmiller, David Tepper, and Peter Thiel collectively deployed over $1 billion into Amazon and Alphabet during Q2 2026, betting on AI infrastructure. Druckenmiller's Duquesne Family Office…
A bond sale linked to Microsoft's data center ambitions is on track to reach roughly $4 billion, up from an initial $3.9 billion target, amid strong investor demand for AI infrastructure debt. The dea…