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George Soros ranks among the richest hedge fund managers in the world. While Amazon.com, Inc. (NASDAQ:AMZN) remains the billionaire’s largest position, Alphabet Inc. (NASDAQ:GOOGL) ranks 2nd on the list of George Soros’ top holdings with a 2.32% portfolio share ($200 million). BofA Securities restated a Buy rating and $430 price target for Alphabet Inc. (NASDAQ:GOOGL) on […]
CleanSpark Inc. (NASDAQ:CLSK) is one of the 10 Stocks With Powerful Gains. Shares of CleanSpark rallied for a second day on Tuesday, jumping 9.30 percent to close at $14.69 apiece, as investors took heart from an investment firm’s bullish call for its stock. In a market note, CleanSpark Inc. (NASDAQ:CLSK) received a $24 price target […]
(Bloomberg) -- Meta Platforms Inc. is alerting thousands of employees that they’re being laid off, part of a previously announced restructuring aimed at improving efficiency and reducing costs while investing heavily in artificial intelligence.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersNATO Is Starting to Consider Hormuz Mission to Protect ShipsUS 30-Year Yield Hits Highest Since 2007 as Selloff DeepensHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’
(Bloomberg) -- Meta Platforms Inc. is alerting thousands of employees that they're being laid off, part of a previously announced restructuring aimed at improving efficiency and reducing costs while investing heavily in artificial intelligence.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersNATO Is Starting to Consider Hormuz Mission to Protect ShipsUS 30-Year Yield Hits Highest Since 2007 as Selloff DeepensBillionaire Rinehart Bets $100 Million on US Defense St
(Bloomberg) -- Meta Platforms Inc. is alerting thousands of employees that they’re being laid off, part of a restructuring aimed at improving efficiency and reducing costs while investing heavily in artificial intelligence.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersNATO Is Starting to Consider Hormuz Mission to Protect ShipsUS 30-Year Yield Hits Highest Since 2007 as Selloff DeepensBillionaire Rinehart Bets $100 Million on US Defense StocksTrump Says Holdin
Google and Blackstone have formed a joint venture to offer AI data center capacity, networking and computer hardware as a “compute-as-a-service product,” the asset manager said. The tie-up opens a new avenue in the rush of private equity into AI infrastructure, moving it beyond data centers and into the business of financing compute itself. Blackstone is making an initial $5 billion equity commitment, with the first 500 megawatts of capacity expected online in 2027, the firm said in a statement.
Blackstone and Alphabet's Google have agreed to form a joint venture to build and operate AI data centers in the United States. The new platform will offer access to Google Tensor Processing Units as compute as a service for enterprise customers. Blackstone plans to invest $5b in equity, while Google will provide AI chips, software, and data center technology. The venture targets 500 megawatts of capacity by 2027, with potential expansion as demand for AI infrastructure changes. Alphabet...
Even Google's iconic search box is being revamped to accommodate AI.
Asking for a Trend Host Josh Lipton and Yahoo Finance Senior Reporter Brooke DiPalma track several of the day's top trending stories and stock tickers, including the public backlash to AI data center projects in the US.
Meta (META) Is Spending Like Its Life Depends on It By IPO Edge Editorial Staff Last month, Meta Platforms (META) posted its fastest revenue growth quarter since 2021. The stock fell anyway. […]
The AI eyewear will launch this fall in several optical and sunglass styles, per the announcement made during Google’s I/O event.
U.S. stocks retreated as investors debate tech valuations and worry that a prolonged Iran conflict will keep oil prices rising, pushing up inflation. The global bond selloff is intensifying, putting pressure on government finances and market valuations. Yields on 10-year U.S. Treasury notes rose for a third straight day, hitting their highest closing level since January 2025.
The powerful pair locked arms to challenge Nvidia's chip dominance, betting on cheaper computing and more in $5 billion equity deal.
<p>The world's most valuable company reports Wednesday. Here's what's at stake for VOO, QQQ, and the AI trade.</p>
Intel (INTC) stock has lost about 19.17% since hitting its highest-ever closing price of $129.44 on May 11. It is currently trading at $104.62, according to Yahoo Finance at the time of writing, Tuesday morning, May 19. Intel repurchased Apollo’s (APO) equity interest in the joint venture related ...
WIth Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) set to report first-quarter results after the close on Wednesday, Bank of America analysts have identified five areas likely to drive investor focus. Analysts have zeroed in on enhanced cash returns, the timing of the Vera Rubin architecture ramp in...
Alphabet's AI research subsidiary, Google DeepMind, has finalized a deal to recruit more than 20 researchers from AI startup Contextual AI and license its technology, Bloomberg News reported on Tuesday, citing people familiar with the matter. DeepMind has agreed to pay about $100 million to Contextual as part of the agreement, while Contextual's co-founder and CEO Douwe Kiela is among those joining DeepMind, according to the report. Google and Contextual did not immediately respond to Reuters' requests for comment.
Bernstein remains bullish on Bitcoin mining firms like IREN, Riot, and CleanSpark, who are all riding the wave of AI compute demand.
These megacap tech companies are poised to register meaningful gains from the successes of SpaceX.
Roughly $1.5 trillion has flowed into artificial intelligence deployment since the launch of ChatGPT in late 2022, according to Advisor Perspectives, a sum that matches the projected fiscal year 2027 U.S. defense budget. Amazon, Microsoft, and Google are projecting approximately $725 billion in ...
Google introduced a new version of its Gemini AI model, Gemini 3.5 Flash, plus Gemini Spark, a personal AI agent, at its annual I/O developers conference in California.
Shares of Pinterest (NYSE:PINS) are down 6% in midday trading on Tuesday, changing hands near $18.75. The selling is sharper than what’s happening at the rest of the social media group, with Meta Platforms (NASDAQ:META) off 1% and Snap (NYSE:SNAP) lower by 2%. The move extends an ugly stretch for Pinterest stock. Shares are down ... Pinterest Is Down 6% Today. Here’s Why It’s Trailing Other Social Media Stocks Like Meta Platforms and Snap
Alphabet at Google I/O took the gloves off in pricing AI models vs. rivals OpenAI and Anthropic. Google stock has climbed 25% in 2026.
The tech firm highlights both Spark and Omni, a video-creation tool, at its annual developer conference.