xAI, the part of SpaceX (NASDAQ: SPCX) that operates Grok, was always going to drive the entire company under. SpaceX had almost $19 bullion in revenue last year. It lost almost $5 billion. xAI lost $6.4 billion on $3.2 billion. And Grok has already lost its chance to compete with OpenAI, Anthropic, Google, and even ... Grok Was Always Going To Cripple SpaceX
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Alphabet (NASDAQ:GOOGL) has been one of the loudest AI winners of the past 12 months, but a sharp June pullback has reset the setup heading into the second half of 2026. Our 24/7 Wall St. price target for Alphabet is $445.85, implying 27.83% upside from the current $348.78. Confidence is high at 90%, and the ... This Stock Will Dominate The Second Half of 2026
Badly damaged tech company Oracle (NASDAQ: ORCL) fired 21,000 people. It said they were being replaced by AI. It is 13% of the company’s total workforce. Oracle took a charge of $1.84 billion. In its 10K, the company explained “… improve operational efficiencies, including through the adoption and integration of AI technologies…” But is that ... Did Oracle Need To Fire 21,000 Because It Is In Trouble?
It’s a rough day for stocks that have benefited from the AI rally this year. These stocks are among the deepest in the red this morning: Chip makers: Micron Technology is down 12%. Advanced Micro Devices, Marvell Technology and Qualcomm fell between 6% to 9% at the opening bell.
Investing.com -- Alphabet shares fell about 5% on Monday after a series of high-profile departures from its artificial intelligence division fueled investor concerns over intensifying competition for top AI researchers.
Investing.com -- Piper Sandler upgraded semiconductor design software maker Synopsys to Overweight from Neutral and raised its price target to $550 from $450, citing improving prospects for the company's intellectual property (IP) business as Intel's foundry ambitions gain traction.
Akkodis' recent report highlights a shift in the landscape of AI investment, where innovation has overtaken efficiency as the primary driver, signaling a focus on growth and new business models. Despite accelerating AI adoption, CTO confidence in scaling AI has dropped significantly, hindered by challenges in integrating AI across enterprise systems. The report identifies agentic AI as a crucial trend, demanding new governance frameworks, as tasks increasingly require clarification for human...
Qualcomm is reportedly in advanced talks to acquire Modular as chipmakers race for AI infrastructure talent.
CANNES, France — People Inc. CEO Neil Vogel accused Google of abusing its market power by using the same crawler for both search and AI.
If tech investors needed any reminders of the 1990s dot-com bubble, strategists made new comparisons to today's AI stocks.
Elon Musk may have ruined a great space stock by attaching an unprofitable AI business to it.
Alphabet Shares Hit by AI Talent Exodus as Pressure Builds on Big TechAlphabet (NASDAQ:GOOG), the parent company of Google, suffered its steepest one-day decline in more than a year on Monday, June 22, with shares closing 4. 99% lower.
June 23 (Reuters) - What matters in U. and global markets today , Editor-at-Large, Finance and Markets Big Tech started the week in reverse, with megacaps Alphabet and Amazon each falling around 5% on Monday, dragged down by a mix of concerns: interest rate expectations, lofty AI spending and rising debt.
By Amanda Cooper LONDON, June 23 (Reuters) - Global stocks fell on Tuesday, led by broad-based declines in technology stocks, as investors expect the Federal Reserve to take more aggressive action to
Among Nvidia, Alphabet, Apple, Microsoft, Amazon, Tesla, and Meta Platforms, there are two exceptional bargains that have embraced artificial intelligence (AI).
Quantum stocks are on fire today. The immediate catalyst is a pair of executive orders signed by President Trump on June 22, 2026, targeting national quantum capabilities and cryptographic defense.
(Bloomberg) -- SpaceX shares extended declines in premarket trading, a day after the company saw the second-largest single-session drop in market value on record. Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapMeta Invests $900 Million in Cred, Taps Founder to Head Wh