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A stronger forecast comes with one important valuation catch

Strong forecasts were not enough as investors focused on when Google revenue will really arrive.

Acquisition talks with MatX have shifted toward a partnership.

The debt accrued to finance AI data center buildouts continues to soar higher, PIMCO characterizing the fixed income market as suffering from "indigestion" because of this. Morning Brief Host Jake Conley is joined by ProShares global investment strategist Simeon Hyman and Washington Crossing Advisors senior portfolio manager Chad Morganlander to discuss what this rise in AI capex represents for these companies and their relationships to the credit market.

Based on the average brokerage recommendation (ABR), Alphabet (GOOG) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

Futures wavered while Treasury yields rose before Fed chief Kevin Warsh's Jackson Hole speech. Marvell, Affirm, PayPal are big movers.

Meta shares have shed more than 23% over the past year, and a brutal Q2 report gave bears plenty of ammunition. But our proprietary model sees a very different story forming underneath the selloff.

Marvell just posted record Data Center numbers and raised its outlook, yet the stock is getting crushed in early trading. The culprit is a massive Google AI deal that Wall Street wanted years sooner than management is promising to deliver it.

(Updates with the latest stock move in the first paragraph and details on the Google deal in the fif

The cloud gaming sector is poised for substantial growth, particularly within the traveler segment, as advancements in 5G technology, edge computing, and increased travel fuel demand for entertainment on the go. Projections indicate the market will grow from $3.2 billion in 2025 to $4.1 billion in 2026, with expectations to reach $11.03 billion by 2030. This expansion is driven by factors such as enhanced mobile connectivity, widespread adoption of portable gaming devices, and rising interest...

Marvell CEO Matt Murphy said Marvell’s custom revenue could be “a lot larger” than Wall Street is currently modeling, particularly from fiscal 2029 onward.

Marvell Stock Tumbles Despite Higher Forecasts as Google Deal Concerns Mount

PayPal Loses $50 Billion Takeover Bid as Stripe and Advent Walk Away

When it comes to a capital spending bubble, the trick isn’t dancing when the music is playing, but knowing when it’s time to sit down. The scale of AI capital expenditures has been astounding. Since the start of 2024, roughly $500 billion has been spent on chips, $350 billion on power infrastructure, $200 billion on construction, and $100 billion on networking.

Every quarter, one semiconductor company keeps outgrowing its own guidance while quietly locking in partnerships that look less like vendor contracts and more like infrastructure ownership. Here is why the buy button stays warm.

Marvell drops after so-so earnings fail to wow investors, while PayPal slumps after a report says its takeover may be off.

Nvidia (NVDA) was already the S&P 500's market value champ. But now, its dominance is carrying over to its business fundamentals.

Every dip in Meta stock triggers the same response: another buy. With capex fears mounting and a trillion-dollar lawsuit underway, the case for adding shares keeps getting harder to ignore.

The proposed California wealth tax could end up costing the state more tax revenue than it raises, former White House economic adviser Tomas Philipson said. Philipson, who previously served as acting chair of the Council of Economic Advisers, discussed California’s...

The company is changing how it enforces its site reputation policy within the European Economic Area, to appease regulators and avoid a potentially hefty fine.

Marvell Technology (NASDAQ:MRVL) shares fell 7. 9% in pre-market trading after the chipmaker reported fiscal second-quarter results that exceeded revenue and earnings expectations and raised its full-year outlook.

Alphabet’s (NASDAQ:GOOG) Google said on Friday that it had changed its spam policy in Europe in response to concerns raised by European Union regulators, potentially addressing an issue that could have resulted in an antitrust fine. The scrutiny followed complaints from publishers about Google’s site reputation abuse policy, which targets attempts to manipulate search rankings by publishing third-party pages on established websites and benefiting from the host site’s ranking signals.

Warren Buffett's successor, Greg Abel, has anointed a new No. 3 holding in Berkshire's $359 billion investment portfolio.

(Updates with Google's response in the last paragraph.) Alphabet's (GOOG, GOOGL) Google agreed to

Google-related revenue is expected to become a much bigger contributor for Marvell in fiscal 2029, the chipmaker said.

Alphabet's (GOOG, GOOGL) Google is amending its spam policy to avoid a potential antitrust fine in E

Alphabet's (GOOG, GOOGL) Google agreed to pay 260 million British pounds ($353.3 million) to settle

South Korean chipmaker SK Hynix (NASDAQ:SKHY) said Thursday it will begin volume production of next-generation HBM4E chips at its Indiana facility in the third quarter of 2029, as CEO Kwak Noh-Jung warned the current memory shortage will persist through 2030. Billion-Dollar Bet on U.S. AI Supply Chain The more than $4 billion project will expand SK Hynix’s presence in the United States as growing AI investment drives demand for high-bandwidth memory. The site at Purdue Research Park will allow t

The U.S. Federal Trade Commission (FTC) is reportedly investigating Alphabet Inc.‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) YouTube for a potential violation of consumer protection laws after it suspended users’ accounts. What the FTC Is Investigating The antitrust regulator has been probing YouTube since last year and is in the final stages of preparing a potential lawsuit, Bloomberg News reported, citing people familiar with the probe. The investigation is looking into whether YouTube may have misled use

Marvell Technology stock has delivered a very strong 3 year gain, yet current valuation checks show a mixed picture, with the intrinsic value estimate sitting close to the market price while traditional market multiples lean expensive. Marvell Technology has returned 318.4% over the past 3 years, which puts extra focus on whether recent optimism is already fully reflected in the share price. The expanded AI chip partnership with Google may support higher long term cash flow expectations...