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Tech stocks were sharply lower late Tuesday afternoon, with the State Street Technology Select Secto

Retail investors have spent decades watching Bill Ackman make concentrated bets from the outside, The Motley Fool noted, piecing together his moves through quarterly filings that arrive months after the trades close. That dynamic changed when Pershing Square USA (PSUS) began trading on the New York ...

Alphabet Selloff Deepens as Market Demands Proof on AI Returns

It wouldn't be wrong to at least consider the possibility that recent weakness from the market's leading artificial intelligence stocks could mark the beginning of something more serious.

Mark Zuckerberg directed a small team to build the app, internally called Arena, which would initially use a points system rather than real money

Technology companies are spending big to incorporate artificial intelligence into their businesses and to build huge data centers. Investors who had jumped on the bandwagon appear to be having second thoughts. Just four companies — Alphabet, Amazon, Meta Platforms and Microsoft — plan to spend up to $720 billion this year, primarily on AI data centers.

Major technology and cryptocurrency companies pledged to combat the illegal wildlife trade during London Climate Action Week, according to a report released on Monday. A Concerted Bid To Save Wildlife This commitment was made at a business forum convened by Prince William and The Royal Foundation’s United for ​Wildlife, reported Reuters. Don’t Miss: A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why Still Learning the Market? These 50 Must

Meta Platforms Chief Executive Mark Zuckerberg wants the tech giant to offer a predictions market competitor to Kalshi and Polymarket, according to a new report. Meta stock gained slightly Tuesday afternoon. Zuckerberg recently assigned a team to create an app that functions similarly to Polymarket and Kalshi, according to a report Tuesday afternoon by The New York Times.

I’m opening with the headline number. Our 24/7 Wall St. price target for Advanced Micro Devices (NASDAQ:AMD) is $586.55 over the next 12 months, against a current quote of $551.63. That implies 6.33% of upside and a buy recommendation, with our model registering 90% confidence. The setup is unusual: a stock that has already run ... Over 40 Analysts Rate AMD a Buy, Here’s Why We Agree

Investing.com -- Meta is developing a smartphone app similar to Polymarket and Kalshi that would allow users to participate in prediction markets, according to a report from the New York Times, citing two employees familiar with the matter.

Meta Platforms Inc. has strengthened its hardware portfolio by expanding its partnership with eyewear giant EssilorLuxottica to launch a diverse 26-style lineup of $299 AI-enabled smart glasses.

Meta announced a new lineup of smart glasses on Tuesday, including a collaboration with Kylie Jenner.

The company is spending at an unprecedented scale to win in AI, but for investors, the path to a payoff is less clear than the price tag.

The investment comes alongside a leadership change at both Cred and WhatsApp.

Meta CEO Mark Zuckerberg recently dispatched a small team at his company to create a smartphone app similar ‌to Polymarket and Kalshi, the New York Times reported on Tuesday, ‌citing two employees with knowledge of the matter. Prediction markets surged ⁠in popularity during the 2024 U.S. presidential election and have evolved into an asset class that lets investors wager on ⁠a variety of events, from monetary policy to sports tournaments. Trading platforms such as Robinhood and Interactive Brokers have rolled out event contracts.

The market is undervaluing these three AI stocks.

Despite a solid Q1, many Meta employees have found themselves jobless.

The European stock markets closed mixed in Tuesday trading as the Stoxx Europe declined 0.5%, German

Stocks could be facing the end-of-quarter reckoning many investors feared when Elon Musk’s SpaceX unveiled plans for its multibillion-dollar initial public offering and Federal Reserve Chairman Kevin Warsh took over the central bank’s policy reigns earlier this month. The early signs of a late June “tech wreck” started to formulate Monday, with Google parent Alphabet shedding more than $225 billion in market value, its biggest slump in more than a year, and SpaceX extending its three-day decline to more than $600 billion. Shares in SpaceX were falling 4.3% in premarket trading Tuesday, putting them below $150 a share.

Micron Technology's stock has risen by almost 9x over the past twelve months, taking its market capitalization above $1.2 trillion - among the largest single-year gains in the company's four-decade trading history. The rally is driven by surging demand and a shortage of high-bandwidth memory that is used alongside AI accelerators in data centers. Hyperscalers, including Microsoft (MSFT), Alphabet (GOOG), and Meta (META), are projected to spend roughly $700 billion on AI infrastructure this year,

Single-day corrections concentrate the mind, even more so when the slide comes amid a doubling of a tech-focused index replete with the kind of giant chip stocks that have powered U.S. markets to record highs over most of the year. “The session had three things working against it simultaneously,” said Koen Hoorelbeke, investment and options strategist at Saxo Bank. In short, it’s become the index to watch in this year’s global chips race, with SK Hynix and Samsung booking triple-digit gains and old-school car maker Hyundai —which is now verging into chip design through its Hyundai Mobis division—rising more than 70%.

The global work includes OOH ads worldwide.

Prediction market traders give Mark Zuckerberg the best shot at joining Elon Musk in the 13-digit club — but put his odds at just 32%.

Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.

Investing.com -- Meta Platforms announced Tuesday a new line of AI smart glasses in partnership with EssilorLuxottica, marking the company's first entry into lower-priced models under its own brand.

Companies in The News Are: APGE, ABBV, DLR, META, SNDK

Meta is launching a new line of AI-powered smart glasses called Meta Glasses.

<body><p>STORY: The European Commission plans to ramp up its probe into Meta, a Bloomberg report said.&nbsp;</p><p>The EU alleges the social media giant designs its platforms to be addictive to children.&nbsp;</p><p>The report said the bloc is preparing preliminary findings but has not set a date for the announcement.</p><p>It’s not the first time Meta has faced scrutiny from the commission.&nbsp;</p><p>It first opened a probe into the company under the Digital Services Act in May 2024, due to concerns it had not adequately addressed risks to children.</p><p>In April it charged Meta with breaching its tech rules…</p><p>And said the Instagram owner must do more to block children under 13 from accessing social networks.&nbsp;</p><p>The report said the EU is considering curbs similar to those announced by the UK and other countries after an expert panel delivers recommendations next month.</p><p>Meta and the European Commission did not immediately respond to Reuters requests for comment.&nbsp;</p><p>Reuters could not independently verify the report.</p><p>Meanwhile, a source told Reuters the social media giant is pushing for legal protection in Washington.&nbsp;</p><p>The source said Meta is lobbying U.S. lawmakers for language that would shield social media firms from certain claims tied to minors’ safety and privacy.</p></body>

Oracle disclosed a 2026 headcount of 141,000, down by 21,000 from a year earlier, after a round of AI-related layoffs.

US stocks looked set for a sharply weaker open on Tuesday as a sell-off in technology shares deepens across global markets. Futures point to losses for the Nasdaq 100 of around 849 points, or 2.8%, while the S&P 500 is set to shed 1.3% and the Dow Jones to drop 0.4%. The weakness...