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AT&T has refreshed its internet plan lineup amid intensifying competition in the broadband industry. While AT&T welcomed 584,000 new internet customers in the first quarter of 2026, according to its most recent earnings report, T-Mobile attracted over 500,000 and Verizon gained 341,000. In ...
Investing.com -- Yardeni Research said growing evidence suggests the artificial intelligence boom is extending beyond major technology companies and into the broader U.S. economy, supporting hiring, business formation, and investment despite ongoing geopolitical and inflation risks.
(Bloomberg) -- Mega-IPO candidates including SpaceX are expected to face a long road to entry to the S&P 500 Index, after the company that makes the rules rejected a proposal that included relaxing the requirement that they be profitable.Most Read from BloombergBecerra Advances for California Governor as Hilton Fights SteyerSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapWhat to Expect From Apple’s AI, Siri and iOS 27 Launch a
Meta stock fell more than 6% Friday following a report that it will sell new stock to raise cash for its AI buildout.
(Bloomberg) -- A surge in electricity demand from artificial intelligence and data centers is reshaping North America’s power markets, creating a “renaissance” for natural gas after decades of limited new development, according to KKR & Co. partner Brandon Freiman.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborBroadcom Slides by Most in More Than
Anthropic is joining in on the IPO fray to win tens of billions in capital and likely a valuation in the trillions. This IPO could significantly benefit Amazon (NASDAQ:AMZN), Salesforce (NYSE:CRM), and Alphabet (NASDAQ:GOOG). Before we look into how, let’s take a look at the IPO first. Anthropic’s decision for an IPO comes after SpaceX’s decision to ... 3 Stocks Poised to Make Billions from the Anthropic IPO
Cerebras is partnering with Amazon and OpenAI while excluding Nvidia from its supplier strategy.
Amazon on Thursday unveiled an upgraded AI-powered mobile robot for its warehouses that can respond to conversational prompts, as part of a €10 billion ($11.6 billion) investment in its European fulfilment network. The new version, due in Europe in the first half of 2027, can operate across warehouse floors and marks a shift in how employees interact with robots. Amazon also showcased STARK, a robotic tote-handling system first piloted in Barcelona and set to roll out to 15 European sites by 2027, and Vulcan, its first robot with a sense of touch.
(Bloomberg) -- Cerebras Systems Inc. plans to cooperate with a wide variety of suppliers of AI data center components, opening the way for further partnerships that mirror its agreement with Amazon.com Inc.Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtRussia Finance Officials Tell Putin War Spending Is UnaffordableTikTok Billionaire Overtakes M
For the past year, many big retailers have been battling to attract the cash-strapped American consumers. Then there’s Target, which also faced a set of challenges of its own, stemming from several controversies and boycotts over its Pride collection and the scaling back of its DEI (diversity, ...
Uber has committed close to half a billion dollars in self-driving startup Nuro, two sources directly aware of the matter told Reuters, detailing the extent of a major investment by the ride-hailing company in developing commercial robotaxis. Uber has been positioning itself as a platform for the nascent industry and has partnered with many autonomous vehicle companies, including Chinese tech giant Baidu, U.S. electric vehicle maker Rivian, and British startup Wayve. One of Uber's commitments is a three-way partnership with Nuro and electric vehicle company Lucid to roll out 35,000 robotaxis using Lucid's Gravity SUVs and upcoming midsize vehicles, Nuro's technology and Uber's platform.
Investing.com -- The European Commission introduced new legislation on Wednesday aimed at strengthening domestic cloud, artificial intelligence and semiconductor sectors to reduce dependence on U.S. technology companies.
As the big wave of mega AI IPOs moves in, the retail crowd is probably eager to punch their ticket. Though it’s tough to tell where valuations will end on day one for the likes of Anthropic, OpenAI, and SpaceX, one thing is almost a guarantee: the trading activity is going to be wild. For ... The Real Winner in the Anthropic IPO Isn’t Anthropic, OpenAI, or Even Google.
Private infrastructure and real estate capital are expected to play a larger role in financing the AI-driven data-center boom, as companies move beyond traditional forms of funding, Goldman Sachs said in a note on Tuesday. Goldman increased its combined capex forecast for the four largest hyperscalers - Meta, Microsoft, Amazon, and Alphabet - to $5.3 trillion between fiscal years 2025 and 2030. Prior to the start of first-quarter earnings, the Wall Street brokerage forecast capex at $4.5 trillion for the same period.
Google-parent Alphabet’s plan to raise $80 billion through equity sales signals that its AI spending intentions aren’t slowing down. Alphabet’s stock price slipped nearly 4% Tuesday, while the prospect of more capex surges in the future also weighed on the shares of cloud rivals Microsoft, Amazon and Oracle.
Country music star Garth Brooks is considering a sale of his catalog, eyeing roughly $2 billion for the rights to his songs and recordings, according to people familiar with the matter. Brooks, an album sales and touring juggernaut, is seeking a price that would be among the largest deals for an individual artist or group’s catalog. The country superstar has been entertaining a transaction for a few years and recently told some investors that he’s one of a few artists of his level of fame who hasn’t sold and is considering it, one of the people familiar with the matter said.
$1.75 trillion That is the valuation being considered by SpaceX in its blockbuster initial public offering planned for next week. That number could change a lot in coming days, but if it holds it would make Elon Musk’s rocket maker the seventh-largest U.
By Stephen Nellis SAN FRANCISCO, June 2 (Reuters) - Microsoft on Tuesday unveiled a new quantum computing chip that it redesigned with the help of AI, saying it now believes it will have commercially
Morning Brief host Julie Hyman is joined by Yahoo Finance Tech Editor Dan Howley and Investopedia Editor-in-Chief Caleb Silver to discuss the key question investors should be asking about upcoming IPOs from companies like SpaceX (SPAX.PVT), Anthropic (ANTH.PVT), and OpenAI (OPAI.PVT), and whether retail investors are ready to buy into the hype.
Amazon was sued on Monday by a Virginia resident over what he said were privacy violations after the company's Ring doorbell cameras at friends and family members' homes collected and stored images of his face using facial recognition software. The plaintiff, Charles Sigwalt, who is seeking class-action status, sued Amazon in federal court in Seattle alleging a feature known as “Familiar Faces” retains images of passersby without their consent. Familiar Faces, which is optional, uses artificial intelligence to identify and remember people so that when they return to a home or a business, notifications can include specific names.
Amazon.com will host its annual Prime Day sales event from June 23 to June 26 after launching the event in July for the past five years, citing major holidays and sporting events as factors in its decision. Prime Day is one of Amazon's biggest sales events of the year, and helped drive $24.1 billion in U.S. online spending in 2025 when it extended the event to four days from two, according to data from Adobe Analytics. The e-commerce company considers U.S. and global events, religious holidays and bank holidays when choosing the dates for Prime Day each year.
Damage to a Blue Origin launch pad from the spectacular explosion of the company's giant New Glenn rocket during a test firing of its engines last week will "take some serious time" to repair, NASA Administrator Jared Isaacman told CNBC on Monday. The mishap came at a critical time for the Blue Origin rocket and Amazon satellite ventures of billionaire Jeff Bezos, who is seeking to compete on a more equal footing with Elon Musk's SpaceX, the world's leading private space launch service. Company and industry sources said over the weekend that the explosion had left the launch pad "practically destroyed" and in need of repairs that engineers expect will disrupt operations for at least six months.
Anthropic has taken its first formal step toward a public listing, confidentially submitting a draft S-1 registrati...
The filing follows a $965 billion Series H valuation.
BRUSSELS/AMSTERDAM, June 1 (Reuters) - The European Union plans to propose strict criteria for cloud computing services in highly critical state tenders that could exclude Amazon, Microsoft and Google from such projects, according to documents seen by Reuters. The proposal is part of the European Commission's Cloud and AI Development Act, which EU tech chief Henna Virkkunen will unveil on Wednesday as part of a package aimed at reducing the bloc's dependence on U.
By Foo Yun Chee and Toby Sterling BRUSSELS/AMSTERDAM, June 1 (Reuters) - Europe plans to propose strict criteria for cloud computing services in highly critical state tenders that could exclude Amazon
Stock Market Today: The Dow Jones index rose Monday amid ongoing hopes for a U.S.-Iran deal. Nvidia stock jumped on a new chip.
By Foo Yun Chee and Toby Sterling BRUSSELS/AMSTERDAM, June 1 (Reuters) - Europe plans to propose strict criteria for cloud computing services in highly critical state tenders that could exclude Amazon
McDonald said a $2 trillion valuation for SpaceX leaves little room for Tesla-like returns.
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