News

SpaceX is on course to burn $50 billion this year. That's a surprise.

Elon Musk said on Tuesday SpaceX will build its AI infrastructure exclusively on Nvidia chips going forward.

Rivian surprised the market by slashing capital expenditure guidance.

The consensus bottom-line forecasts most investors were comparing its results to didn't appear to factor in changes stemming from a recent spinoff, or any one-time costs related to it.

Execution matters more than one disappointing quarter.

The AI-powered online insurer barely missed Wall Street's aggressive estimates.

Meta Platforms stock cratered Thursday after a quarterly report that beat on revenue but raised serious questions about where billions in AI spending actually leads, and Wall Street's response was swift and brutal.

Meta beat on revenue and Zuckerberg called AI a generational opportunity, yet the stock cratered in after-hours trading and wiped out billions from his personal fortune. The gap between the bullish pitch and the brutal numbers tells a complicated story.

First-half revenue passed 100 trillion won for the first time

Qualcomm will report its fiscal third-quarter results on Wednesday afternoon as it seeks to diversify away from mobile phones.

US equity futures were mostly tracking in the red on Tuesday amid a selloff in chip stocks over conc

Concerns about the AI boom's sustainability offset the market impact of falling oil prices and earnings optimism.

Nvidia stock drops within a base Monday ahead of a batch of Magnificent Seven earnings report on deck this week.

Rising capital expenditures and tightening margins are not a good combination.

Tesla shares sank heavily after reporting quarterly earnings.

Twenty-five percent delivery growth on one side. A 67% downside call on the other. Wednesday's report starts to settle it.

A rare early warning from one of tech's oldest names doubles as a map of enterprise spending right now.

If you want to know the tech sector's priorities, follow the money.

According to a report by The Information, the company is said to be specifically looking at "neocloud" providers to increase the adoption of its custom TPUs, including Nvidia-backed Nscale.

Micron and Sandisk soared as the Nasdaq reclaimed key support, but are they actionable? Delta, Taiwan Semi, SK Hynix loom.

Recently, analysts at Oppenheimer issued a surprising set of downgrades on a slew of large-cap bank stocks.

Dow Jones Futures: AI stocks rallied, with Astera, Bloom Energy and Tesla higher. But SpaceX stock dropped ahead of Nasdaq-100 inclusion.

Memory stocks just went from cyclical chip plays to AI-era essentials, and Bank of America’s Vivek Arya thinks the market is still pricing them like the old version. Speaking on CNBC the morning after Micron Technology (NASDAQ:MU) reported, BofA’s senior semiconductor analyst argued that “what we are witnessing is what I would call a structural ... BofA Says Micron Is Trading Under 10x Earnings and Wall Street Is Completely Missing the Story

Artificial intelligence has created a handful of corporate winners, but one company has towered above the rest. Nvidia (NASDAQ:NVDA) became the face of the AI revolution as demand for its chips exploded, pushing its market value to roughly $4.8 trillion. Even after a pullback of nearly 16% from its all-time high, most investors still view ... Micron’s Jaw-Dropping Earnings Show It Is Leaving Nvidia Behind in the AI Boom

Its share price has plunged about 21% since second-quarter earnings were released on June 3.

Cerebras Systems, an AI chip maker, anticipates first-quarter sales of $181 million, an 82% increase year-over-year.

Memory giant Micron (MU) will report its third quarter earnings after the bell on Wednesday, providing another update on the broader AI build-out.

Jim Cramer used his June 8, 2026, Squawk on the Street appearance to deliver a direct warning to anyone riding the AI chip rally. His line, after a brutal Friday that saw the Philadelphia semiconductor index post its fourth-worst decline ever: “Unless you have accelerated earnings, your stock is pretty much done. Got to go ... Jim Cramer Warns: AI Stocks Face 50% Crash Without Earnings Growth

Broadcom’s AI bookings remain the key proof point, with investors watching whether custom chip demand can convert quickly enough to support its fiscal 2027 AI revenue target.

Broadcom ‌forecast third-quarter revenue above Wall Street expectations on ‌Wednesday, betting on robust demand for its custom AI chips ​and networking gear. However, shares of the Palo Alto, California-based company fell more than 2% in extended trading. They had gained nearly 8% last week in the run ‌up to earnings.