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Apple-OpenAI Alliance Frays, Setting Up Possible Legal Fight
Bloomberg137d agoneutral
Apple-OpenAI Alliance Frays, Setting Up Possible Legal Fight

(Bloomberg) -- Apple Inc.’s two-year-old partnership with OpenAI has become strained, according to people familiar with the matter, with the AI startup failing to see the expected benefits from the deal and now preparing possible legal action. Most Read from BloombergIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Trump Says China Offered Help With Iran as Ship Seized Near UAEXi Tells US CEOs on Trump Visit That

Elon Musk vs. Jeff Bezos: The Three-Way War for the Future of Space-Based AI
24/7 Wall St.137d agoneutral
Elon Musk vs. Jeff Bezos: The Three-Way War for the Future of Space-Based AI

On March 21, 2026, at the old Seaholm Power Plant in Austin, Elon Musk unveiled Terafab, a project to build 1 terawatt of AI compute capacity annually. Six weeks later, Intel (NASDAQ:INTC) signed on as foundational manufacturing partner, and shares rose 150.45% from April 1 through May 13. Jeff Bezos filed Blue Origin’s Project Sunrise ... Elon Musk vs. Jeff Bezos: The Three-Way War for the Future of Space-Based AI

Nu Price Prediction: The Stock Set for 40% Surge
24/7 Wall St.137d agobullish
Nu Price Prediction: The Stock Set for 40% Surge

Our 24/7 Wall St. price target for Nu Holdings (NYSE:NU) is $17.97, pointing to 40.2% upside from the current $12.82 share price. We rate the Latin American neobank a buy with a 90% confidence level. NU has pulled back sharply from its February peak, and our proprietary model reads that dislocation as an entry point ... Nu Price Prediction: The Stock Set for 40% Surge

It Took Salesforce 20 Years to Reach $30 Billion in Revenue — Anthropic Did It in 3
24/7 Wall St.137d agoneutral
It Took Salesforce 20 Years to Reach $30 Billion in Revenue — Anthropic Did It in 3

Artificial intelligence has already produced plenty of eye-popping numbers. Nvidia (NASDAQ:NVDA) crossed a $5 trillion market cap. Microsoft (NASDAQ:MSFT) and Amazon (NASDAQ:AMZN) alone are spending nearly $400 billion on AI infrastructure this year. Data center electricity demand is climbing so fast that utilities are suddenly growth stocks again. But one figure may be the most ... It Took Salesforce 20 Years to Reach $30 Billion in Revenue — Anthropic Did It in 3

Netflix Just Raised Guidance. The Market Sold It Off. We See 283% Upside
24/7 Wall St.137d agoneutral
Netflix Just Raised Guidance. The Market Sold It Off. We See 283% Upside

Few stocks have whipsawed investors in 2026 the way Netflix (NASDAQ:NFLX) has. Shares plunged from $126.03 in July 2025 to a $77 trough in February 2026, then clawed back to $88.27 as of May 6. Our 24/7 Wall St. price target for Netflix is $338.63, implying 283.63% upside. The recommendation is buy at 90% confidence. ... Netflix Just Raised Guidance. The Market Sold It Off. We See 283% Upside

JPMorgan Doubles Down on Netflix: $118 Price Target on Path to Becoming Global TV
24/7 Wall St.137d agoneutral
JPMorgan Doubles Down on Netflix: $118 Price Target on Path to Becoming Global TV

JPMorgan reiterated its Overweight rating on Netflix (NASDAQ:NFLX) with a $118 price target on May 14, following the company’s fourth annual advertising upfront. The firm’s thesis centers on Netflix’s reach, content strategy, and improving ad technology, framing the streamer as moving toward becoming “Global TV.” For long-term holders, the reiteration signals that Wall Street still ... JPMorgan Doubles Down on Netflix: $118 Price Target on Path to Becoming Global TV

Forget GameStop: This Stock Is A Much Better Buy
24/7 Wall St.137d agobullish
Forget GameStop: This Stock Is A Much Better Buy

Wall Street’s chat rooms can’t stop talking about GameStop (NYSE:GME) after Ryan Cohen’s $56 billion offer for eBay (NASDAQ:EBAY) sent the meme crowd into another frenzy. But here’s what you should actually be watching. The eBay bid is theater dressed up as strategy. Polymarket traders price the odds of GameStop actually closing the deal at ... Forget GameStop: This Stock Is A Much Better Buy

How Low Can Lowe’s Stock Go?
Trefis137d agoneutral
How Low Can Lowe’s Stock Go?

Every seasoned investor knows that market shocks are inevitable, but few are prepared for the specific depth of the hit. Historically, across 15 major crises, Lowe's (NYSE: LOW) absorbs an average drawdown of 18% compared to the S&P 500’s average decline of 16%. While the stock often tracks the broader market, certain economic fractures trigger a much steeper trapdoor effect that catches retail investors off guard.

Trump Woo Xi? We’ll See. The Tired History of Big Tech’s Misadventures in China.
24/7 Wall St.137d agoneutral
Trump Woo Xi? We’ll See. The Tired History of Big Tech’s Misadventures in China.

Although the optics from Beijing this week look like a thaw, Wall Street has watched this exact movie before. President Trump arrived in Beijing on May 13, 2026 for a state-banquet summit with President Xi Jinping, accompanied by a phalanx of U.S. CEOs and a softer trade tone. Polymarket is pricing a 71.5% probability of ... Trump Woo Xi? We’ll See. The Tired History of Big Tech’s Misadventures in China.

Cisco surges on Q3 AI demand, while cutting 4,000 jobs in AI overhaul
Yahoo Finance Video137d agobullishVIDEO
Cisco surges on Q3 AI demand, while cutting 4,000 jobs in AI overhaul

Cisco Systems (CSCO) stock has surged by double-digits since reporting fiscal third quarter results in Wednesday's extended hours, topping Wall Street expectations with revenue of $15.84 billion and adjusted earnings of $1.06 per share. This comes after the cloud operator laid off 4,000 workers as part of a new AI-focused restructuring. Hennion & Walsh CIO Kevin Mahn and Yahoo Finance Senior Reporters Ines Ferré and Brooke DiPalma take a closer look at the AI demand propelling Cisco, the cloud operator's outlook, and its recent job cuts.

Why The Market Is Re-Rating Google Stock
Trefis137d agoneutral
Why The Market Is Re-Rating Google Stock

Google (GOOGL) stock currently trades near $402. Based on an expected 2026 EPS of $14.22, the stock carries a forward P/E multiple of 28x. This multiple represents a 35% premium over its five-year historical average forward P/E of 21x. Comparatively, Google stock sits between Microsoft (MSFT) at 24x and Amazon (AMZN) at 31x, while remaining more expensive than Meta Platforms (META) at 19x. (See Google's valuation comparison with its peers). The critical insight is structural. The 153% stock surg

AST SpaceMobile Stock Pops. Thank AT&T, Verizon, and T-Mobile.
Barrons.com137d agoneutral
AST SpaceMobile Stock Pops. Thank AT&T, Verizon, and T-Mobile.

AST SpaceMobile stock was rising early Thursday. A joint venture between major cell carriers to boost coverage in remote areas could be good news for the satellite-broadband stock. AT&T Verizon Communications and T-Mobile US  said Thursday they are forming a joint venture to help end dead zones in the U.S. by the use of satellite-based connections.

Latest News In E-Commerce - Revolutionizing Logistics With Vision-Language-Action AI Systems
Simply Wall St.137d agoneutral
Latest News In E-Commerce - Revolutionizing Logistics With Vision-Language-Action AI Systems

The expansion of Nomagic and Brack.Alltron's partnership marks a significant development in e-commerce logistics, as the collaboration now incorporates Vision-Language-Action (VLA) systems to enhance warehouse automation with advanced Physical AI. This integration allows for increased autonomy in order fulfillment processes, enabling robots to better understand and adapt to complex environments, thus allowing for operations beyond traditional working hours. As global supply chains face...

Amazon.com (AMZN) Plugged After $200 billion Projected Capital Expenditures
Insider Monkey137d agoneutral
Amazon.com (AMZN) Plugged After $200 billion Projected Capital Expenditures

Baron Capital, an investment management company, released its Q1 2026 investor letter for the “Baron Durable Advantage Fund”. A copy of the letter can be downloaded here. In Q1 2026, Baron Durable Advantage Fund (the Fund) declined 9.0% (Institutional Shares) compared to the 4.3% decline for the S&P 500 Index (the Index), the Fund’s benchmark. The […]

Foxconn Posts Strong Results on AI Hardware Sales
The Wall Street Journal137d agoneutral
Foxconn Posts Strong Results on AI Hardware Sales

Foxconn Technology Group reported robust first-quarter revenue and profit as it ramped up production of server racks, other advanced equipment and consumer devices for the global artificial-intelligence buildout.

AI Bond Binge Overwhelms Wall Street, Pushes Alphabet Abroad
Bloomberg137d agoneutral
AI Bond Binge Overwhelms Wall Street, Pushes Alphabet Abroad

(Bloomberg) -- Bankers were still putting the final touches on Alphabet Inc.’s blockbuster $17 billion of bond sales when word started to spread Monday morning on Wall Street: the company is already hawking more debt.Most Read from BloombergIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightTrump Lands in China for Xi Trade Summit With Iran War in LimboThis

Anthony Scaramucci Says Bitcoin Poised To Follow The S-Curve Of Adoption Like Amazon, Microsoft: 'Cannot Be Devalued'
Benzinga137d agoneutral
Anthony Scaramucci Says Bitcoin Poised To Follow The S-Curve Of Adoption Like Amazon, Microsoft: 'Cannot Be Devalued'

SkyBridge Capital founder Anthony Scaramucci suggested on Wednesday that Bitcoin (CRYPTO: BTC) is tracing an adoption path akin to that of Amazon.com Inc. (NASDAQ:AMZN) and Microsoft Corp. (NASDAQ:MSFT). Scaramucci Says Bitcoin Can’t Be ‘Devalued’ During an interview with RiskReversal Media, Scaramucci said that traditional fiat money is essentially “worthless,” but it gains value because people trust it. Bitcoin, he added, is an improved version, which happens to be “an open, transparent, fully

Is Walmart (WMT) One of the Best Stocks to Buy Now for a $1 Million Portfolio?
Insider Monkey138d agobullish
Is Walmart (WMT) One of the Best Stocks to Buy Now for a $1 Million Portfolio?

Walmart Inc. (NASDAQ:WMT) is included among the 10 Best Stocks to Buy Now for a $1 Million Portfolio. On May 13, Reuters reported that Walmart Inc. (NASDAQ:WMT) eliminated 1,000 roles as the retailer continues simplifying its operating structure, according to a source familiar with the matter. Under CEO John Furner and a reshaped leadership team, […]