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Lucid Group (LCID) Is Down 9.0% After Gravity OTA Upgrade Highlights Innovation Amid Securities Lawsuits
Simply Wall St.108d agoneutral
Lucid Group (LCID) Is Down 9.0% After Gravity OTA Upgrade Highlights Innovation Amid Securities Lawsuits

In early June 2026, Lucid Group began rolling out a major over-the-air update for its Gravity SUV in North America, adding hands-free highway driving, richer Google-powered navigation data, and enhanced charging and visibility features for vehicles equipped with the optional DreamDrive 2 Pro system. At the same time, Lucid is grappling with a series of securities class action lawsuits alleging that management misrepresented supplier quality problems that disrupted Gravity deliveries and hurt...

Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data shows
Reuters108d agoneutral
Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data shows

Hedge funds sold out of the biggest U.S. tech stocks, and some even added ‌bearish positions, according to data from a JPMorgan note late ‌Thursday, just before SpaceX was set to go public on Friday. Shares in the "Magnificent Seven" -- ​a group that includes some of the biggest tech names on Wall Street, namely Nvidia, Apple, Amazon.com, Alphabet, Meta, Tesla, and Microsoft, have all declined since last Friday. The Roundhill Magnificent Seven ETF, which tracks these ‌stocks closely, declined over 2.4% ⁠since June 5, with some analysts saying investors were clearing their decks in order to prepare for the ⁠debut of Elon Musk's Space X on Friday.

Hitachi Deepens Google And Intel Ties To Power Industrial AI Growth
Simply Wall St.109d agoneutral
Hitachi Deepens Google And Intel Ties To Power Industrial AI Growth

Hitachi (TSE:6501) expanded its alliance with Google Cloud to speed up deployment of physical AI and next generation cybersecurity solutions. The company also announced a new partnership with Intel focused on physical AI, factory automation, quantum computing, and edge AI uses. These moves deepen Hitachi's ties with global technology providers across cloud, semiconductor, and industrial computing. Hitachi sits at the intersection of industrial equipment, IT services, and infrastructure,...

AI Integration and iPhone Growth Assert Apple Inc. (AAPL) as One of the Best Forever Stocks to Buy
Insider Monkey109d agobullish
AI Integration and iPhone Growth Assert Apple Inc. (AAPL) as One of the Best Forever Stocks to Buy

Apple Inc. (NASDAQ:AAPL) is one of the best forever stocks to buy, according to analysts. On June 6, Deep Asset Management’s Gene Munster reiterated that Apple Inc. (NASDAQ:AAPL) is on the cusp of edging higher. Munster expects the company’s sentiment to receive a significant boost from the Worldwide Developers Conference, terming it the most important […]

Is Alphabet Inc. (GOOGL) One of the Best Forever Stocks to Buy on $85B Capital Raise?
Insider Monkey109d agobullish
Is Alphabet Inc. (GOOGL) One of the Best Forever Stocks to Buy on $85B Capital Raise?

Alphabet Inc. (NASDAQ:GOOGL) is one of the best forever stocks to buy, according to analysts. On June 5, Moody’s Ratings touted Alphabet Inc.’s (NASDAQ:GOOGL) move to raise $84.75 billion, affirming it as credit-positive. According to the ratings firm, the massive equity raise underscores Alphabet’s strong financial profile, which is capable of funding incremental investment through […]

American Airlines (AAL) Aligns Governance, Equity Plan and Google SAF Deal Is the Strategy Coherent?
Simply Wall St.109d agoneutral
American Airlines (AAL) Aligns Governance, Equity Plan and Google SAF Deal Is the Strategy Coherent?

In June 2026, American Airlines Group Inc. held its annual shareholder meeting, where investors rejected proposals for written-consent rights and cumulative voting, while the company also filed a US$324.07 million shelf registration for 23,000,000 common shares tied to an employee stock ownership plan. These governance and capital-raising moves come alongside American’s push into sustainable aviation fuel, high-speed in-flight connectivity, and major hub expansions at Dallas/Fort Worth and...

IonQ Faces Scrutiny As Controversy And Funding Snub Test Investor Trust
Simply Wall St.109d agoneutral
IonQ Faces Scrutiny As Controversy And Funding Snub Test Investor Trust

IonQ (NYSE:IONQ) is facing social media controversy after former pharmaceutical executive Martin Shkreli accused the company of exaggerating its quantum computing capabilities, including claims related to Bitcoin mining. The dispute has fueled questions about IonQ's technology disclosures and has drawn wider attention to how quantum computing potential is described to investors and the public. At the same time, IonQ, along with Google and Microsoft, was not included in a new US government...

How About $10 For SpaceX Stock?
Trefis109d agoneutral
How About $10 For SpaceX Stock?

Warren Buffett once said the stock market is a no-called-strike game. You don't have to swing at every pitch. SpaceX (SPCX) is the most hyped pitch in a generation. We are letting it go by.

Walmart Expands Wing Drone Delivery As Last Mile Story Takes Flight
Simply Wall St.109d agoneutral
Walmart Expands Wing Drone Delivery As Last Mile Story Takes Flight

Walmart (NasdaqGS:WMT) and Alphabet's Wing are expanding their drone delivery partnership to seven new U.S. metro areas. New coverage includes Memphis, New Orleans, Philadelphia, Phoenix, San Diego, the San Francisco Bay Area, and Salt Lake City. The companies plan to serve customers from over 270 Walmart stores by next year, with a potential reach of more than 40 million Americans. The partnership has already completed over one million commercial deliveries, making drone delivery a regular...

Does Apple Stock Have More Upside?
Trefis109d agoneutral
Does Apple Stock Have More Upside?

Apple (AAPL) stock is at an interesting point right now. It has strong momentum, and if you bet on it, you are betting on a company with strong margin, good cash flow, low-debt capital structure, and good tailwinds. But is that enough.

Cathie Wood, Bill Ackman Share 3 Stock Investments In Common: Can You Guess What They Are?
Benzinga109d agoneutral
Cathie Wood, Bill Ackman Share 3 Stock Investments In Common: Can You Guess What They Are?

Two of the most well-known investors are betting on the same three Magnificent Seven stocks. Here's a look at the stocks owned by both Cathie Wood and Bill Ackman. Stocks in Common Ackman is the man behind the Pershing Square hedge fund, which lately has been investing in Magnificent Seven stocks. Wood is the CEO of Ark Invest, the well-known ETF company that runs the six ETFs below. Ark Autonomous Technology & Robotics ETF (BATS:ARKQ) Ark Innovation ETF (BATS:ARKK) Ark Next Generation Internet

Siri upgrades show promise, but questions remain
Yahoo Finance Video109d agobullishVIDEO
Siri upgrades show promise, but questions remain

Fresh off Apple’s (AAPL) WWDC, Yahoo Finance Tech Editor Dan Howley joins Josh Lipton on Market Domination to break down the highlights and shortcomings of Apple’s latest announcement, including a closer look at the company’s upgraded Siri AI.

Anthropic pursues data center leases, seeks financial backing from Google, The Information reports
Reuters109d agoneutral
Anthropic pursues data center leases, seeks financial backing from Google, The Information reports

AI firm Anthropic is planning to lease and manage its own data centers and is ‌seeking financial backing from Alphabet's Google for the ‌lease payments, The Information reported on Thursday. • Anthropic, the ​creator of the Claude Code AI assistant, has signed more than a dozen preliminary agreements to lease U.S. data centers with a combined capacity of more than 1 GW, The Information ‌reported, citing sources with ⁠direct knowledge of the plans. • The AI startup's executives have also discussed an arrangement under which backer ⁠Google, which co-designs some of the server chips Anthropic could use in the facilities, would provide a financial guarantee for its ​lease ​payments, the report said.

Alphabet Inc. (GOOGL) Is A Top AI Stock In Ken Griffin’s Portfolio
Insider Monkey109d agoneutral
Alphabet Inc. (GOOGL) Is A Top AI Stock In Ken Griffin’s Portfolio

Alphabet Inc. (NASDAQ:GOOGL) is one of the 13 Best Stocks to Invest In According to Billionaire Ken Griffin. Technology giant Alphabet Inc. (NASDAQ:GOOGL)’s shares are up by 106% over the past year and 15% year-to-date. Bank of America discussed the firm on June 4th after Alphabet’s latest capital announcement. It reiterated a Buy rating for […]