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Investing.com -- Illinois Governor JB Pritzker plans to temporarily stop processing applications for tax breaks offered to data centers seeking to build in the state, according to a report by NBC News on Friday. The pause will begin July 1 and is part of an effort to develop new rules for how these facilities should operate.
Ten years ago, Oracle (NYSE: ORCL) was the database company everyone respected but few investors loved. It had missed the first wave of cloud, ceded ground to Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), and Alphabet (NASDAQ:GOOGL), and seemed destined to be a slow-growth dividend payer. A decade later, it is one of the most aggressive AI infrastructure ... The Tech Stock Everyone Wrote Off Just Quietly Built a $553 Billion Backlog
AI Updates Could Shape Apple's Next Growth Story
Berkshire has largely avoided investing in the tech sector in the past.
If you put $10,000 into Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) on the last trading day of 2025, you are sitting on about $19,400 this morning. The same $10,000 in the S&P 500 (via SPY) is worth roughly $11,140. SOXQ is up 94% year to date through June 2, 2026, against 11% for SPY. The headline ... The Chip ETF That Turned a $10k Bet Into Nearly $20k This Year
Alphabet Reshuffles Workforce as AI Investments Take Center Stage
The pitch for Vanguard Growth ETF (NYSEARCA:VUG) sits at the cheap end of a long-running debate about whether active stock pickers can beat an index dominated by mega-cap growth names. VUG charges 0.03% and currently holds about $234 billion in assets, tracking the CRSP US Large Cap Growth Index via full replication. For a 52-year-old ... Vanguard’s $223 Billion Growth ETF VUG Is Quietly Beating Most Large Cap Active Funds at One Tenth the Cost
Apple’s Worldwide Developers Conference kicks off Monday, and according to Wall Street Journal business columnist Tim Higgins, speaking on CNBC, AI will dominate the agenda. After years of being labeled a laggard in the generative-AI race, Apple (NASDAQ:AAPL) is using its biggest developer stage of the year to argue that the iPhone, already in billions ... Apple Is About to Make Its Biggest Bet on AI Yet on Monday
An AI-powered Siri is among the product improvements that Apple is likely to announce at its annual keynote on Monday. The stakes are high for the stock.
As markets (^DJI, ^IXIC, ^GSPC) prepare for the public launch of SpaceX (SPAX.PVT) on June 12, should investors be skeptical of these mega-IPOs expected to sweep Wall Street? 9i Capital Group founder and CEO Kevin Thompson cites the circular investing occurring between Big Tech names and these pre-IPO companies — SpaceX, OpenAI (OPAI.PVT), Anthropic (ANTH.PVT). OpenAI and Anthropic have also filed to go public in 2026.
(Bloomberg) -- OpenAI would likely have unraveled if Sam Altman hadn’t returned as chief executive officer following his brief ouster in 2023, former tech chief Mira Murati said, offering her clearest account yet of one of Silicon Valley’s most dramatic boardroom battles.Most Read from BloombergBecerra Advances in California’s $300 Million Governor RaceSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSaylor’s Bitcoin Machine Is Misfiring on Every Cylinder‘Sell Indonesia’ Sweeps Trading Desk
Scott Galloway has made his most aggressive call yet on the AI trade. On the Prof G Markets segment titled AI May Not Be Worth The Cost: Here’s Why, he argued that AI companies are dramatically overvalued and predicted a major repricing within the next 24 months. “If it’s either going to be labor chaos ... Scott Galloway Predicts AI Valuations Will Crater 50-70% Within 24 Months. Here’s Why.
Palantir Technologies (PLTR) is on a "golden path" in the artificial intelligence revolution as expa
The answer to that question could go a long way toward answering another one -- whether or not this is a smart time to buy the stock.
Alphabet Inc. (NASDAQ:GOOGL) was among Jim Cramer’s stock calls on Mad Money, as he highlighted several opportunities in out-of-favor sectors. Cramer noted the company’s decision to raise money for its data center business, as he said: Last night, something else happened that really jarred me to the core. Alphabet, a total surprise, you know it […]
Snowflake stock gains 16% in a year as AI products and customer growth accelerated, but margin pressure, competition and a premium valuation cloud the outlook.
For retirement-focused investors weighing the two ad giants, the question is direct: Should you own Alphabet (NASDAQ:GOOGL) or Meta Platforms (NASDAQ:META) right now? Both print cash, both dominate digital advertising, and both are spending unprecedented sums on AI infrastructure. The market has rendered very different verdicts on each so far in 2026: Alphabet is up ... Google vs. Meta: Which Ad Giant Is the Better Long-Term Buy?
The stocks featured in this article are seeing some big returns. Over the past month, they’ve outpaced the market due to some combination of positive news, upbeat results, or supportive macro developments. As such, investors are taking notice and bidding up shares.
Devenex has introduced a new governance infrastructure intended to manage the execution of AI agents within enterprises, highlighting a key development in the Cloud AI sector. As AI agents increasingly perform critical tasks such as modifying financial records and approving workflows, there is a growing need for robust oversight mechanisms. This infrastructure, launched at Google Cloud Next 2026, provides enterprises with a control layer that ensures all AI-initiated actions are governed...
On CNBC’s Squawk Box on June 4, 2026, Andrew Yang, CEO of Noble Mobile and founder of the Forward Party, made a candid admission about how AI is reshaping his own company and called for a sweeping change to how the U.S. taxes automation. When he was asked whether companies are cutting entry-level hiring because ... AI CEO On CNBC: ‘We Are Replacing Junior Employees with AI.’ The Only Solution is a Tax on AI and Robots
Arizona consumers could be owed hundreds or more from major class action settlements. See who qualifies and how to apply before deadlines pass.
Two megacap pullbacks, one decision: should a retirement-focused investor add Alphabet (NASDAQ: GOOGL) or Amazon (NASDAQ: AMZN) on this dip? Both have slipped over the past month, both are spending heavily on AI infrastructure, and both just blew past Q1 estimates. Yet only one of them looks like a clean entry for a portfolio built ... Alphabet vs Amazon: Which Is the Better Dip Buy Right Now?
(Bloomberg Markets) -- The stock market keeps setting records. Bitcoin has minted millionaires. Gold has peaked at new levels. Yet one of the most popular trades is to sit in cash or, more precisely, money-market funds. These plain‑vanilla vehicles, which invest in short‑term debt, have become the default parking spot for everyone from retail savers to corporate treasurers.Most Read from BloombergSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSaylor’s Bitcoin Machine Is Misfiring on Every
Anthropic recently filed its S-1 with the Securities and Exchange Commission, signaling a public debut later this year.
Editor’s note: The story has been updated to correct the amount being raised. Strategy Inc. CEO Phong Le said on Wednesday that financial tools popularized by the firm were employed in Google parent Alphabet Inc.’s proposed capital raise. CEO Sees...
(Bloomberg) -- Anthropic PBC called for the creation of an industrywide mechanism to pause the development of artificial intelligence, giving society the opportunity to “deal with its immense implications.” Most Read from BloombergSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSaylor’s Bitcoin Machine Is Misfiring on Every CylinderGlazer Family Members Study Manchester United Stake Sale‘Sell Indonesia’ Sweeps Trading Desks as Prabowo Tightens GripRepublican-Led House Votes to Stop Iran Wa
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