Tech stocks have slipped in recent days.
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Stock Market Today: The Dow Jones index rose Thursday ahead of a key inflation gauge. Micron stock rocketed 17% on earnings.
Alphabet’s addition to the Dow will give the index more AI exposure... though not as much as you might think. Under the Dow’s methodology, higher-priced stocks are given more weight, meaning the Google parent will make up 4% of the index when it joins on Monday, while Goldman Sachs and Caterpillar make up more than 10% each.
(Bloomberg) -- Revenue from artificial intelligence has reached a tipping point, showing that the hundreds of billions of dollars tech companies are spending on it may be economically sustainable, according to a report from research firm Exponential View. Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetGrand Ole Opry House Up For Sale by Owner Ryman HospitalityStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapStocks Climb Late After Micron’s B
Amazon and Microsoft's cloud computing services should be designated gatekeepers under EU rules aimed at reining in the power of Big Tech, EU antitrust regulators said on Thursday. Amazon Web Services and Microsoft Azure, the two largest cloud providers globally, should be designated gatekeepers under the Digital Markets Act which sets out a list of dos and don'ts to ensure a level playing field, the European Commission said. The preliminary findings by the EU competition enforcer came after a seven-month long investigation.
Broadcom Inc. (NASDAQ:AVGO) is one of the Most Promising AI Stocks to Buy and Hold for the Next 2 Years. On June 11, Timothy Arcuri of UBS was bullish on the company’s stock and maintained a “Buy” rating with a price objective of $485. That being said, the firm’s analyst opines that supply constraints might result in […]
Alphabet Inc. (NASDAQ:GOOGL) is one of the Most Promising AI Stocks to Buy and Hold for the Next 2 Years. On June 18, WSJ reported that the tech giant targets an ambitious strategy to grab a bigger market share of the most critical market of the current time, i.e., chips powering AI. WSJ noted that Alphabet […]
June 25 (Reuters) - Nasdaq futures jumped 2% on Thursday after upbeat forecasts from chipmakers Micron and Qualcomm pointed to strong demand for artificial intelligence infrastructure, lifting
Shares of latin American e-commerce and fintech company MercadoLibre (NASDAQ:MELI) jumped 5.4% in the afternoon session after strong Prime Day sales data and falling Treasury yields boosted sentiment for digital platforms.
Shares of on-demand food delivery service DoorDash (NASDAQ:DASH) jumped 5.6% in the afternoon session after strong Prime Day sales data and falling Treasury yields boosted sentiment for digital platforms.
A number of stocks jumped in the afternoon session after strong Prime Day sales data and falling Treasury yields boosted sentiment for digital platforms.
Shares of social commerce platform Pinterest (NYSE: PINS) jumped 1.9% in the afternoon session after strong Prime Day sales data and falling Treasury yields boosted sentiment for digital platforms.
A number of stocks jumped in the afternoon session after strong Prime Day sales data and falling Treasury yields boosted sentiment for digital platforms.
Shares of ride sharing service Lyft (NASDAQ: LYFT) jumped 5.4% in the afternoon session after strong Prime Day sales data and falling Treasury yields boosted sentiment for digital platforms.
A number of stocks jumped in the afternoon session after strong Prime Day sales data and falling Treasury yields boosted sentiment for digital platforms.
A number of stocks jumped in the afternoon session after strong Prime Day sales data and falling Treasury yields boosted sentiment for digital platforms.
Broader tech sell-off continued on Wednesday as investors awaited Micron earnings to judge the demand for AI and memory chips.
Earlier this year, Berkshire Hathaway under new CEO Greg Abel agreed to invest US$10.00 billion in Alphabet through a private share placement, while also reshaping its equity holdings toward a more concentrated portfolio that leans into select technology names. This marks a clear shift from Warren Buffett’s long-standing approach, signaling how Berkshire’s capital allocation philosophy is evolving in the post-Buffett era. We’ll now examine how Berkshire’s large private placement in Alphabet...
Verizon Communications is losing its spot in the Dow Jones Industrial Average. Following the change, the storied index will no longer include any traditional telecom names since AT&T lost its post to Apple in 2015. While Verizon’s business faces considerable pressure—and a looming threat from SpaceX Starlink network—its dividend looks well covered.
We just covered Leopold Aschenbrenner’s Situational Awareness Reveals Its 10 Under-The-Radar AI Stock Picks. Bitdeer Technologies Group (NASDAQ:BTDR) ranks #7 (see Situational Awareness Top 5 Under-The-Radar AI Stock Picks). Situational Awareness Stake Value: $29,751,243 Bitdeer Technologies Group (NASDAQ:BTDR) is a Bitcoin miner founded in 2021 that is now pivoting toward AI cloud services. What makes it […]
Investing.com -- Memory-chip maker Micron Technology topped Wall Street expectations in its fiscal third quarter and issued significantly stronger-than-expected guidance for the current quarter, sending shares up about 9% in after-hours trading as investors cheered continued AI-driven demand for memory chips.
Watch Video Highlights Below, or Click HERE: Tech Edge hosted a fireside chat on June 9 at Pax8 Beyond 2026 in Salt Lake City with Kristen Fehrenbach, Vice President of Global Microsoft Alliance at Pax8, and Michelle Curtis, Chief Revenue Officer at New Charter Technologies . The in-person interview was joined by Editor-at-Large Jarrett Banks and they discussed how MSPs can […] The post Growth Through the Microsoft Alliance: Pax8’s Kristen Fehrenbach and New Charter’s Michelle Curtis, Live from
Falling shares push tech mogul back down to billionaire ranks after SpaceX IPO made him world’s first trillionaire
Alphabet Inc.’s Google is facing an intensifying talent drain after two more high-profile artificial intelligence researchers decided to jump ship to competitor Anthropic PBC.