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Jefferies expects Marvell to report a ‘beat and raise’ quarter ahead of the company's earnings print due on August 27.

Broadcom is in talks with a group of ‌lenders to raise more than $60 ‌billion in debt for an AI chip financing ​deal that will benefit Anthropic and other companies, Bloomberg News reported on Thursday, citing people familiar with the ‌matter. The financing ⁠could include a roughly $30 billion junior debt tranche, and Broadcom ⁠would guarantee part of the senior-secured tranche possibly ranging from about $60 ​billion to $70 ​billion, the report ​said. Blackstone and Apollo Global Management are in talks with ‌Broadcom to participate ​in the financing, following ​a partnership ​the three companies struck ‌in June, the report added.

Unrealized investment profits strengthened reported results while enormous infrastructure spending continued consuming cash.

Investing.com -- Alphabet Inc.'s Waymo announced Thursday that it has developed a custom chip for its robotaxis, marking a shift away from relying solely on third-party suppliers such as Nvidia Corp.

By Prathik Jayaprakash Aug 20 (Reuters) - Satellite-constellation developer Muon Space has raised $250 million in a Series C funding round as it looks to expand manufacturing capacity amid rising

Alphabet Inc.’s Waymo has built a custom chip that the company said will improve the performance of its robotaxis, while also diversifying its chip supply beyond third-party companies such as Nvidia Corp.

Barclays models $18.5 billion of annual revenue and $6.15 of incremental EPS

Many Fed officials favor raising rates to combat inflation, bond prices surge, Trump meets crypto execs, and more news to start your day.

Shares of Meta Platforms Inc. have been under pressure all year due to questions about its spending on artificial intelligence. But a trial accusing its social media platforms of targeting children goes beyond that, raising existential questions about the future of its core business.

S&P 500 companies are winding up a banner quarterly earnings season, fueled in large part by surging profits at AI-related companies. The S&P 500 is on track for a 52% surge in aggregate second-quarter earnings from ‌the year before, helped by a 74% profit jump in the technology sector. The figures include big mark-to-market boosts at Alphabet and Amazon, ‌both of which recognized large gains in the period on investments in AI highfliers such as Anthropic.

S&P 500 companies are winding up a banner quarterly earnings season, fueled in large part by surging profits at AI-related companies. The S&P 500 is on track for a 52% surge in aggregate second-quarter earnings from ‌the year before, helped by a 74% profit jump in the technology sector. The figures include big mark-to-market boosts at Alphabet and Amazon, ‌both of which recognized large gains in the period on investments in AI highfliers such as Anthropic.

Australia passed legislation on Thursday that will force tech giants to pay millions of dollars in ‌levies if they fail to strike commercial deals with local ‌media outlets for news on their platforms. Proceeds from the scheme would be directed to local Australian news outlets, whose content helps drive user engagement and advertising revenue on the tech firms' platforms. The levy applies to Meta, Alphabet's Google, ‌TikTok and Microsoft's LinkedIn, ⁠covering companies with a "significant" social media or search service in Australia, and local advertising revenue exceeding A$250 million ($178 million).

The flight attendants want assurance that their confidential information will be removed from the sale of the defunct airline’s digital records.

Google's Marvell agreement deepened pressure on general-purpose accelerator companies despite retreating yields.

Marvell Technology stock jumped after the chipmaker announced a deal to develop chips for Alphabet unit Google.

By Avinash P and Purvi Agarwal Aug 19 (Reuters) - The main U.S. stock indexes were on track to open higher on Wednesday after a tech-led selloff in the previous session as investors assessed fresh

Marvell Technology said on Wednesday it has issued ‌Alphabet's Google a warrant to ‌buy a stake worth about $12.18 billion as ​part of a deal to help develop custom chips for the search giant. Shares of the custom chipmaker jumped ‌more than ⁠11% in premarket trading, while larger rival Broadcom was ⁠down over 3%. Demand for custom chips such as Google's tensor processing units (TPUs), ​used for ​AI workloads, ​has surged in ‌recent years as businesses seek alternatives to Nvidia's pricey graphics processors.

Eagle Point Credit Management LLC is providing a roughly $1.3 billion private credit loan for a sprawling AI data center in Texas tied to Anthropic PBC, giving the investment firm a key role in one of the latest jumbo financings fueling the artificial intelligence boom.

Alphabet has raised A$5.5 billion ($3.89 billion) via ‌its inaugural Australian dollar debt issuance, ‌according to a term sheet seen by Reuters, ​adding to the hectic pace of fundraising by global tech companies. The U.S. tech giant raised the amount by issuing 3-, ‌5-, 10- and ⁠20-year bonds, the term sheet showed. The company set the ⁠coupon at 6.9% for the longest tenure bond tranche, according to the term ​sheet.

Magnite (NASDAQ:MGNI) said growth in connected television advertising, expansion of its programmatic technology and potential changes to Google’s advertising technology practices are central themes for its business outlook. Speaking at an Age of AI technology conference, Senior Vice President of In

Alphabet Inc. is poised to pay just under 7% to borrow longer-dated funds in its debut Australian dollar bond deal, in potentially its highest-ever coupon, underscoring how broader demands for cash among hyperscalers around the world are feeding into more costly funding almost everywhere.

S&P 500 earnings per share are on pace to climb more than 50% in the second quarter. Combining reported and yet-to-be-reported results, S&P 500 earnings are up 50.4%, according to the most recent data from FactSet. Profit growth is broad, too, with 10 of the 11 S&P 500 sectors posting year-over-year earnings growth.

Evercore's top strategist calls megacap tech earnings breathtaking, then tells investors to buy more. The reasoning behind that contradiction points to a structural pattern in bull markets that has a very uncomfortable ending.

Roughly 45 days after every quarter closes, a few hundred of the biggest money managers in the country have to tell you what they own. The document is called a Form 13F, one of the rare places where an ordinary investor sees what the professionals did instead of what they said on television. It is ...

A Plexo Capital partner who owns Anthropic shares went on CNBC to defend a valuation that dwarfs every profitable public AI company, and the caveat he buried in his own argument may be the most important thing he said.

GF Securities Raises Nvidia Price Target to $345 Ahead of Earnings

Tesla could begin offering robotaxi rides in Cybercabs by the end of the month, according to The Information. The stock is down 11.5% since last month's earnings call, which showed little progress on robotaxi expansion.

Aggressive AI spending is unlikely to be reined in by the execs doling out the checks.

Big funds are clinging to Google.

Ackman put new capital to work in the second quarter of the year.