Shares of Advanced Micro Devices (NASDAQ:AMD) traded near $521 midmorning Wednesday, roughly flat on the session after a prior close near $520. The quiet tape masks a loud catalyst: UBS just supersized its price target on AMD stock to $670 from $455, one of the more aggressive upward revisions on the Street this month. The ... Wall Street Just Supersized Its Price Target on AMD. Is the Stock Still Too Cheap?
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Meta is reportedly developing a standalone prediction markets app called "Arena". Arena is expected to use a points-based system rather than real-money wagering at launch. ...

Meta Platforms (META) CEO Mark Zuckerberg is looking to enter the prediction market race, according to the New York Times, with the Facebook parent company reportedly developing an app named "Arena" to rival that of Kalshi and Polymarket. Morning Brief Host Julie Hyman, Yahoo Finance Breaking News Reporter Jake Conley, and Opening Bell Media CEO Phil Rosen assess what Meta's potential entry could mean for the prediction market space
A week after Snap launched its pricey $2,195 AR glasses, Meta is going the opposite direction with a $244 version.
The new lineup gives Meta a lower-cost option in wearable AI.
The U.S. dollar has separated from the pack, rising to the highest levels in more than a year and building on gains again Wednesday, as investors use the greenback as a sanctuary from risks tied to the global tech selloff and calibrate the impact of expected Federal Reserve interest-rate hikes over the back half of the year. There also was little change in Fed forecasts with futures indicating a 60% chance of a rate hike in September. Charalampos Pissouros, senior market analyst at XM, thinks the dollar rally is extending beyond the Fed funds trade.
Zuckerberg Slashes Price to Win AI Wearable Race
Arthur Hayes put out a bull case for the CARDS token, and the Clarity Act is facing some surprising opposition from a new group.
Meta Platforms, Inc. (NASDAQ:META) is one of the top high-conviction stocks to buy according to hedge funds. Reuters reported on June 9 that EU antitrust regulators ordered Meta Platforms, Inc. (NASDAQ:META) to give rival AI chatbots, such as OpenAI, free access to WhatsApp while their investigation continues about whether the company abused its market power […]
In recent days, Arm Holdings has been caught in a global pullback in high-growth semiconductor and technology names, as investors shifted away from richly valued AI beneficiaries amid worries about tighter monetary policy and profit-taking after a very large year-to-date rally. At the same time, Arm’s role at the center of AI compute, from its AGI CPU traction with hyperscalers to its partnership with Meta’s Stargate project, highlights an ongoing tension between a strong business narrative...
The “Magnificent Seven” plus Broadcom and Oracle have lost roughly $2.7 trillion in market value in June, according to Yahoo Finance analysis, as investors take a harder look at the companies funding the AI build-out.
Amazon’s chief executive has said that power is the “single biggest constraint” in its cloud and artificial-intelligence business. Here, Amazon has an incumbent advantage. It is the world’s largest cloud provider and has been building a lot of data centers over the past two decades.
Investing.com - S&P and Nasdaq futures edged higher on Wednesday after a sharp selloff in technology shares rattled Wall Street, with investors looking to earnings from memory-chip maker Micron for clues about the health of the artificial intelligence trade.
Cboe Global Markets and Applied Digital have been highlighted as Zacks Bull and Bear of the Day
(Bloomberg) -- Micron Technology Inc.’s earnings report on Wednesday afternoon is shaping up to be one of the most important in months as investors find themselves suddenly on edge over the sustainability of the AI rally.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some Roles‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 100% Stock RallySpaceX Falls for Third Day, Erases $600 Billion in Marke
(Bloomberg) -- ByteDance Ltd., the developer of TikTok, is in preliminary talks with banks for a borrowing of about $20 billion, people familiar with the matter said, in what would be the firm’s largest offshore loan yet at a time when it’s boosting investments in artificial intelligence.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some Roles‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 100%
Apple's artificial intelligence story isn't fading after its Worldwide Developers Conference. If anything, Wall Street is still going deeper into what Apple showed, what it promised, and how these new AI tools can change the company’s growth story and impact its stock price. Analysts are ...
Technology giant Meta Platforms (NASDAQ: $META) is reportedly developing a new prediction market app called “...
By Diana Novak Jones June 23 (Reuters) - Google's YouTube has settled with a minor who claimed the platform caused mental health harms, the plaintiff’s lawyers said, ahead of a second California trial
Google's YouTube has settled a lawsuit brought by a minor who claimed the platform damaged his mental health, his lawyers said Tuesday, ahead of a second California trial over social media's role in the youth mental health crisis. The suit named four defendants — YouTube, Meta's Instagram, Snap Inc's Snapchat and ByteDance's TikTok — and the remaining three companies are still set to face trial in July. Google spokesperson Jose Castaneda said in a statement that the lawsuit had been amicably resolved.
If you follow Amazon.com (AMZN) stock, you’ve heard the main worry. The company is spending a fortune to build out its artificial intelligence infrastructure, and with the stock having trailed the index over the past year, investors are clearly nervous about the size of the bill. The price appears to give little credit for this investment, with a trailing price-to-earnings multiple of 27.5, toward the low end of its 10-year range.
Meta is reportedly building a standalone prediction markets app that could broaden its reach beyond social media into event-driven trading.
Meta announced a new lineup of smart glasses on Tuesday, including a collaboration with Kylie Jenner.
Mark Zuckerberg directed Meta to build Arena, a prediction markets app. Could it push him toward trillionaire status?
