With SpaceX, Anthropic, and OpenAI all eyeing massive public debuts, the tech industry may soon have a new class of corporate overlords — and a new acronym to match. Say goodbye to FAANG and hello to MANGOS.
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Meta Platforms (META) was ordered by the European Commission to restore rival access to WhatsApp for
Apollo and Blackstone are financing a $35 billion expansion of AI computing capacity for Anthropic using Broadcom's custom chips and networking solutions as part of a tie-up between the asset managers and the chipmaker. The initial commitment will expand the Claude Code creator's AI computing capacity by one gigawatt, the companies said on Tuesday. The capacity is expected to be deployed at Fluidstack-operated sites beginning mid-2026, with the cloud computing company providing the physical data-center infrastructure that will run Anthropic's AI systems.
The European Union told Meta Platforms to reverse a policy that effectively bans rival artificial intelligence chatbots from using a tool to communicate with users on WhatsApp as officials continue to probe the company’s messaging service.
Meta Platforms has been ordered by EU antitrust regulators to give rival AI chatbots such as OpenAI free access to WhatsApp while they continue to investigate whether the company abused its market power by blocking competitors from the messaging app. The European Commission's decision to issue an interim measure against Meta followed complaints from The Interaction Company of California, developer of the Poke.com AI assistant, French AI startup Agentik and a Spanish rival. Those complaints prompted the Commission, the EU's competition enforcer, to open an investigation in December.
The AI boom is giving investors no shortage of curveballs. In a rather surprising move, Alphabet‘s (NASDAQ:GOOGL) Google inked a deal that’ll see Elon Musk’s SpaceX (SPCX) receive $920 million per month to rent its AI compute capacity. The move, which is slated to last between October 2026 and June 2029, is more of a ... Google Is Paying SpaceX Over $900 Million a Month for AI Compute
Meta pledged to invest $115 million to train electricians, plumbers and other workers needed to operate data centers.
The agreement is the eighth PPA between Zelestra and Meta in the US, further extending their partnership.
Bernstein’s Stacy Rasgon spent years as a skeptic on Advanced Micro Devices (NASDAQ:AMD). On a recent episode of The Real Eisman Playbook, he flipped the script.”I’m looking at 2028 and I’m pretty close to $20 in earnings, which was their 2030 target.” Read that again. The 2030 number, pulled forward two years. Rasgon is not ... AMD Just Hit 2030’s Earnings Target Two Years Early. Here’s What Happens Next
Meta Platforms, Inc. (NASDAQ:META) is one of the 10 Best AI Stocks to Buy in June. On June 6, TheFly reported that Meta is in discussion with data center developer CleanSpark (CLSK) to secure space in the latter’s data center facility. According to Green Street News Infrastructure, Meta is seeking to lease space at CleanSpark’s […]

The excitement is building around the SpaceX IPO, which is set to debut on the Nasdaq Composite on Friday.
The demand for optical networking components is exceeding supply, and that's driving remarkable growth for Ciena.
Meta Platforms (META) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The $115 million effort supports worker training tied to Meta's AI infrastructure buildout.
CoreWeave Inc. (NASDAQ:CRWV) is engaging with European high-yield investors as it considers new financing options that could include both U.
Investing.com -- CoreWeave Inc. is holding calls with European high-yield investors on Tuesday as the AI infrastructure provider evaluates financing transactions that may include dollar and euro bonds, Bloomberg reported Tuesday.
IPOs have had juicy first-day gains this year, but it doesn’t take long for the pullback to start. And that is particularly true for mega IPOs.
Investor Jim Chanos challenged the prevailing narrative comparing SpaceX‘s initial public offering (IPO) valuation to early tech giants like Amazon.com, Google, and Meta Platforms. Chanos took to X on Saturday to respond to a user, The_Real_Fly, stating SpaceX, OpenAI and...
(Bloomberg) -- China is preparing to spend around 2 trillion yuan ($295 billion) over the next five years on building data centers across the country, fueling Beijing’s ambition to propel the domestic AI sector and surpass the US in a potentially game-changing technology. Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump’s $100,000 H-1B Visa Application Fee Rejected by JudgeTrump Says He, Not Con
After leaning on debt to fund its artificial intelligence (AI) ambitions, the social media giant may now be turning to its own shareholders.
Such is life on Wall Street at the dawn of the artificial-intelligence build-out. Tech companies are hungry for cash to invest in data centers, and investors are forking it over through all possible means, in all parts of the globe—a flurry of fundraising that has mostly supported markets by powering technological advances, even as it tests their ability to absorb it all. Alphabet’s announcement that it would raise $85 billion of equity was just the latest example.
Shares of glass and electronic component manufacturer Corning (NYSE:GLW) jumped 7.4% in the morning session after Amazon announced a multiyear, multibillion-dollar agreement with the company to supply optical fiber, cable, and connectivity solutions for its expanding U.S. data center infrastructure.
Hedge fund billionaire Daniel Loeb added several mega-cap and technology companies to his Third Point LLC portfolio in the first quarter of FY26. The investor placed his bets on Meta Platforms, Inc. and Alphabet Inc., acquiring 90,000 and 175,000 shares,...
Meta is investing $115 million to stand up a new training program for data center technician jobs, as the social media giant races to build the infrastructure to power its AI ambitions. The cost-free program, America's Workforce Academy, will end in guaranteed job offers to graduates, the company said in a statement. A Meta spokesperson said the program will provide generalist training for data center technicians.
The five-week program, which is free of charge and guarantees a job, follows a recent layoff of 8,000 employees.
ServiceTitan shares surged more than 4% after reporting strong fiscal Q1 2027 results, with revenue rising 25% year-over-year to $268.8 million, driven by its AI-powered platform.