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Is Google Cloud Officially Driving the Train?
Trefis39d agoneutral
Is Google Cloud Officially Driving the Train?

Let’s be honest. When a stock you own doubles, you feel like a genius. When it’s a behemoth like Alphabet (GOOGL), and it returns +105% in a year, you might wonder if you’ve misread the chart. You haven’t. Over the past 12 months, while the S&P 500 gained a respectable 21%, Alphabet left it in the dust. It also trounced its mega-cap peers; Microsoft (MSFT) stock returned -21.9%, and Meta Platforms (META) returned -16.2% over the same period.

Bloomberg39d agoneutral
Mag 7 Loses Market Swagger as AI Trade Spreads Beyond Behemoths

(Bloomberg) -- For years, the Magnificent Seven tech giants commanded investors’ attention, dominating the S&P 500 Index and determining which way the overall stock market was headed. Those days are over.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentenc

Wix.com Ltd. (WIX)Is A Top Stock In Billionaire Jeffrey Talpins’ Filings
Insider Monkey39d agoneutral
Wix.com Ltd. (WIX)Is A Top Stock In Billionaire Jeffrey Talpins’ Filings

Wix.com Ltd. (NASDAQ:WIX) is one of the 10 Best Stocks to Buy According to Billionaire Jeffrey Talpins. Wix.com Ltd. (NASDAQ:WIX) is another AI stock that has struggled in today’s AI era. The shares are down by 69% over the past year and by 51% year-to-date. Banking giant JPMorgan discussed Wix.com Ltd. (NASDAQ:WIX)’s shares on June […]

NVIDIA (NVDA) Names New Field Operations Chief As AI Growth Narrative Points To Higher Fair Value
Simply Wall St.39d agoneutral
NVIDIA (NVDA) Names New Field Operations Chief As AI Growth Narrative Points To Higher Fair Value

NVIDIA (NVDA) has announced a change in a key leadership role, with long-serving executive Ajay K. Puri planning to retire and former Microsoft sales leader Nicholas Parker set to take over worldwide field operations. See our latest analysis for NVIDIA. At a share price of $195.55, NVIDIA’s recent momentum has cooled, with the 7 day and 30 day share price returns declining 2.27% and 4.66% even as the 90 day share price return is up 7.40% and the 1 year total shareholder return sits at 22.38%...

Anthropic’s A$22 Billion Australian AI Cloud Tender Might Change The Case For Investing In IREN (IREN)
Simply Wall St.39d agoneutral
Anthropic’s A$22 Billion Australian AI Cloud Tender Might Change The Case For Investing In IREN (IREN)

In recent weeks, IREN Limited has been identified as a leading contender for Anthropic’s reported A$22.00 billion, 1.40-gigawatt Australian AI cloud capacity tender, leveraging its Bundey campus and secured grid connections. This potential Anthropic contract, alongside IREN’s existing Microsoft and Nvidia agreements, highlights how its large powered land bank could underpin its AI cloud ambitions. We’ll now examine how Anthropic’s interest in IREN’s Australian footprint could reshape the...

Bloomberg39d agoneutral
Intel-Backed AI Chip and Software Maker Syntiant Files for IPO

(Bloomberg) -- Syntiant Corp., a company making semiconductors and software for artificial intelligence, filed for an initial public offering to tap investors’ enthusiasm for the technology. Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsSaudis Slash Main Oil Price to Rare Discount as Market DivesTwo Millennium Trading Po

Why Microsoft cut 3,200 Xbox jobs
Yahoo Finance Video39d agoneutralVIDEO
Why Microsoft cut 3,200 Xbox jobs

Yahoo Finance Tech Editor Dan Howley breaks down Microsoft's sweeping restructuring of its gaming division, outlining how a severe hardware slump and disappointing returns on multi-platform and Game Pass expansions forced Xbox to cut 3,200 jobs and divest five major development studios.

Microsoft Is Cutting 4,800 Jobs to Feed the AI Machine. Should You Still Own It?
24/7 Wall St.39d agoneutral
Microsoft Is Cutting 4,800 Jobs to Feed the AI Machine. Should You Still Own It?

Microsoft (NASDAQ:MSFT) looks mispriced, and the discomfort is the whole point. The company is cutting roughly 4,800 jobs, about 2.1% of its workforce, while telling investors it will spend roughly $190 billion on capex in calendar 2026 to feed AI and Azure. Microsoft is the closest thing the S&P 500 has to a pure AI ... Microsoft Is Cutting 4,800 Jobs to Feed the AI Machine. Should You Still Own It?

JPMorgan Cuts Wix.com (WIX) Target to $62 in a Sector-Wide Recalibration
Insider Monkey39d agobearish
JPMorgan Cuts Wix.com (WIX) Target to $62 in a Sector-Wide Recalibration

Wix.com Ltd. (NASDAQ:WIX) is one of the best stocks to invest in according to Two Sigma Advisors with huge upside potential. On June 18, JPMorgan analyst Alexei Gogolev lowered his price target on Wix.com Ltd. (NASDAQ:WIX) to $62 from $86, and left the Underweight rating on the shares unchanged. The target cut was part of […]

How SK Hynix Can Save the AI Rally—or Send Tech Stocks Tumbling Again
Barrons.com39d agobullish
How SK Hynix Can Save the AI Rally—or Send Tech Stocks Tumbling Again

SK Hynix’s planned U.S. listing this week will test the AI-fueled chip rally, offering investors a chance to buy a memory chip maker not named Micron Technology—or to stay away from a group that may have come too far, too fast. U.S. investors can get exposure to the country with the iShares MSCI Korea exchange-traded fund, but buying Samsung Electronics or SK Hynix individually has been almost impossible.

TeraWulf Stock Is Up 95% This Year: Here’s Why
24/7 Wall St.39d agoneutral
TeraWulf Stock Is Up 95% This Year: Here’s Why

Shares of TeraWulf (NASDAQ:WULF) extended a powerful rally on Monday afternoon, separating the stock from its bitcoin-mining peers by a wide margin. WULF stock is up 4% today and up 95% year to date to $22.10, marking its most sustained rerating since going public. The catalyst is a landmark 20-year lease with Anthropic, the private ... TeraWulf Stock Is Up 95% This Year: Here’s Why

Microsoft overhauls Xbox amid broader cuts
Axios39d agobearish
Microsoft overhauls Xbox amid broader cuts

Microsoft is cutting 3,200 Xbox gaming unit jobs, selling four game studios and reshaping the struggling business as part of a broader restructuring announced Monday.

C3.ai (AI) and Shell Expand Global Predictive Maintenance Partnership
Insider Monkey39d agobullish
C3.ai (AI) and Shell Expand Global Predictive Maintenance Partnership

C3.ai Inc. (NYSE:AI) is one of the top 10 hidden AI stocks to buy. On June 4, C3.ai and Shell extended their multi-year collaboration to scale their enterprise predictive maintenance program globally. This expansion builds on a partnership dating back to 2018, which currently monitors over 13,000 pieces of equipment across Shell’s asset operations. Under […]