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Alphabet (GOOGL) Faces Fresh AI Talent Questions After Two Top Researchers Exit
Simply Wall St.98d agoneutral
Alphabet (GOOGL) Faces Fresh AI Talent Questions After Two Top Researchers Exit

Alphabet is facing the departure of Gemini co lead Noam Shazeer to OpenAI and DeepMind scientist John Jumper to Anthropic. The exits have arrived close together and involve two of the company’s most visible AI researchers. The moves have raised fresh questions about Alphabet’s ability to retain core AI talent and sustain progress in key projects like Gemini and DeepMind. Following the news, Alphabet’s share price sits at $368.03, with the stock down 3.9% over the past month. Alphabet,...

Bloomberg98d agoneutral
Qualcomm Nears Deal for AI Chip Startup Modular

(Bloomberg) -- Qualcomm Inc. is in advanced talks to acquire Modular Inc. in a transaction valuing the artificial intelligence chip startup at about $4 billion, according to people familiar with the matter.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapMeta Taps New WhatsApp Boss as Part of $900 Million InvestmentSpaceX Falls for Third Da

SpaceX initiates first bond sale while the stock sheds post-IPO gains
Yahoo Finance Video98d agoneutralVIDEO
SpaceX initiates first bond sale while the stock sheds post-IPO gains

SpaceX (SPCX) stock has sunk by as much as 13% in Monday's session — continuing to shave off any post-IPO gains — as the Elon Musk company is already announcing its first bond issuance. Yahoo Finance Senior Transports Reporter Pras Subramanian comes on Market Domination to further discuss these details.

Big Tech’s $750 Billion AI Debt Binge Means Investors Now Have to Watch the Bond Market
24/7 Wall St.98d agoneutral
Big Tech’s $750 Billion AI Debt Binge Means Investors Now Have to Watch the Bond Market

On CNBC last week, Kate Rooney walked viewers through a number that should reframe how tech investors think about their portfolios. “The biggest tech companies are now expected to spend about $750 billion on this AI build out just this year,” she said, and most of that money is now coming from the bond market ... Big Tech’s $750 Billion AI Debt Binge Means Investors Now Have to Watch the Bond Market

CoreWeave Sinks 5%, Nebius Dips as AI Cloud Stocks Sell the News on Their NASDAQ 100 Debut
24/7 Wall St.98d agobearish
CoreWeave Sinks 5%, Nebius Dips as AI Cloud Stocks Sell the News on Their NASDAQ 100 Debut

Shares of CoreWeave (NASDAQ:CRWV) are sliding midday Monday, with CoreWeave stock down 5% to $112 as the AI cloud infrastructure provider makes its official NASDAQ 100 debut. The move turns what is usually a bullish catalyst into a textbook sell-the-news reaction. CoreWeave stock isn’t moving alone. Nebius Group (NASDAQ:NBIS) stock is dipping 1% to $283.50, ... CoreWeave Sinks 5%, Nebius Dips as AI Cloud Stocks Sell the News on Their NASDAQ 100 Debut

SpaceX Strikes $6 Billion Deal With AI Startup for Data-Center Space
The Wall Street Journal98d agoneutral
SpaceX Strikes $6 Billion Deal With AI Startup for Data-Center Space

Reflection AI, a $25 billion-valuation startup building a network of open-source AI models, has agreed to rent data-center capacity from SpaceX following similar agreements with Anthropic and Google. The deal will give SpaceX $150 million a month in revenue, starting July 1, through the end of 2029, according to a person familiar with the matter. A Reflection spokesperson said that “more compute means more runway to build the world’s best open models at scale.”

Some Reasons Google Is Having Such A Bad Day
The Wall Street Journal98d agoneutral
Some Reasons Google Is Having Such A Bad Day

$255 billion That's how much market value Alphabet has lost today, which would be its biggest one-day drop on record if it holds through the close. The move comes as the Google-parent's shares fell nearly 6%, the stock's biggest one-day decline since May 2025.

U.S. tech megacaps slide as SpaceX extends slump, AI expense concerns grow
Reuters98d agobearish
U.S. tech megacaps slide as SpaceX extends slump, AI expense concerns grow

Shares of U.S. technology megacaps tumbled on Monday as SpaceX fell for the third straight session and hyperscalers Alphabet ‌and Amazon looked set to lose billions of dollars in market value, ‌driven by AI spending concerns. SpaceX slid over 10% after last week's blistering post-IPO rally. Alphabet dropped 6%, set for its biggest one-day fall since May 2025 and on pace to erase more than $256 billion in market capitalization.