Meta's latest smart glasses, launched in late June, have seen daily active users triple in a year and production capacity reach 20 million units in 2026, according to Jefferies. Analyst Brent Thill es…
Dan Ives, after 25 years as a top Wall Street tech analyst at Wedbush Securities, has left to launch Yorkville Ives, a modern merchant bank with Yorkville Securities, citing the AI revolution as enabl…
Palm Beach County commissioners voted 5-1 to reject Project Tango, a proposed 600 MW AI data center campus, despite staff approval and months of redesigns. Jefferies says the decision exposes local pe…
Zhipu AI's open-weight GLM-5.2 model matches Anthropic's Mythos in cybersecurity benchmarks at one quarter the cost per token, narrowing the AI capability gap between China and the US. The model excel…
The semiconductor sector lost over $1 trillion in market value in under two months, with the VanEck Semiconductor ETF dropping 5% in a single session, even as demand data from hyperscalers and chipmak…
ASML Holding NV reported second-quarter revenue of 9.33 billion euros and net income of 2.92 billion euros, beating analyst estimates of 8.80 billion euros and 2.62 billion euros respectively, driven …
South Korea's Kospi index plunged 9% on Monday, deepening a 27% loss over three weeks, as AI stock jitters collided with a retail debt crisis that saw brokerages liquidate over $100 million in retail …
Jefferies analyst Blayne Curtis reiterated a Buy rating and $550 price target on Broadcom, citing an improving outlook for its AI chip business. The company has a long-term agreement with Google throu…
Some Bitcoin miners are resisting the industry trend of converting facilities for AI workloads, arguing that the infrastructure requirements and long-term lease risks make the pivot less profitable th…
Alibaba shares surged up to 13.8% in Hong Kong on Wednesday after UBS and Jefferies projected the company's June-quarter revenue growth would accelerate to 9%, driven by strong AI demand and narrowing…
Microsoft shares rose about 4% on July 1, 2026, after a reported five-year agreement with Haleon to expand Microsoft 365 Copilot and Azure, according to multiple outlets. The rally was partly attribut…
A proposed US class-action lawsuit accuses Samsung Electronics, SK hynix, and Micron Technology of restricting DRAM supply during the shift to AI memory products, but analysts expect little immediate …
Blackstone is preparing a Singapore REIT listing for AirTrunk that could raise more than $1 billion, aiming to cash in on AI infrastructure demand without selling the entire asset. The deal, which cou…
AirTrunk, the Blackstone-backed hyperscale data center operator, is nearing a confidential IPO filing for a real estate investment trust in Singapore, targeting a raise of $1 billion to $1.2 billion. …
Samsung and SK Hynix, backed by the South Korean government, plan to invest $590 billion in new chip factories and packaging centers as AI demand drives memory prices up. Jefferies predicts memory pri…
Jefferies reported that lower-cost AI models, such as Z.ai's GLM-5.2, are increasing demand for computing infrastructure rather than reducing AI investment, citing Jevons Paradox and rising inference …
Micron Technology reported a blowout quarter with revenue of $41.5 billion and EPS of $25.11, far exceeding Wall Street expectations, and guided next-quarter revenue to $50 billion. The results revers…
Morgan Stanley, Jefferies, and SpaceX are warning that public backlash against AI—driven by job displacement fears and rising energy costs—poses a material risk to the AI stock rally. A June 23, 2026 …
Micron Technology reported earnings that blew past analysts' expectations, with revenue of $50 billion versus estimates of $43.2 billion, and raised its capex guidance again to above $25 billion. The …
Nordic stock exchanges fell on Tuesday, led by declines in technology and AI-related stocks. Oslo's OBX index dropped 0.1%, with Norsk Hydro falling 3.8% and Nordic Semiconductor down 4.7%. Copenhagen…