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Morgan Stanley sees major upside for Apple stock ahead of WWDC
TheStreet67d agoneutral
Morgan Stanley sees major upside for Apple stock ahead of WWDC

Apple is only days away from its annual Worldwide Developers Conference, and investors are focused on whether the company can finally deliver the long-awaited AI-powered Siri. The June 8 keynote event is expected to showcase the next generation of iOS, iPadOS, macOS, and watchOS features. But this ...

Google's $84 Million Capital Raise Uses Tools 'Popularized' By Michael Saylor's Strategy, Says Phong Le: Is It Just Old Wine In A New Bottle?
Benzinga67d agoneutral
Google's $84 Million Capital Raise Uses Tools 'Popularized' By Michael Saylor's Strategy, Says Phong Le: Is It Just Old Wine In A New Bottle?

Strategy Inc. (NASDAQ:MSTR) CEO Phong Le said on Wednesday that financial tools popularized by the firm were employed in Google parent Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) proposed capital raise. CEO Sees Strategy’s Win In Google’s Raise In an X post, Le pointed out that Google’s proposed $80 billion equity capital raise, now upsized to $84.75 billion, includes $15 billion convertible preferred stock and a $40 billion at-the-market offering, instruments that Strategy has used before. The

Should Apple’s Gemini‑Powered Siri and iOS Payments Push Require Action From AAPL Investors?
Simply Wall St.67d agoneutral
Should Apple’s Gemini‑Powered Siri and iOS Payments Push Require Action From AAPL Investors?

In the lead-up to its June 2026 Worldwide Developers Conference, Apple signaled a major overhaul of Siri using Google’s Gemini AI models and previewed native bill‑splitting tools that scan receipts, deepening integration of artificial intelligence and payments into iOS. This push to embed advanced AI assistants and financial features directly into the operating system underscores how Apple is increasingly consolidating everyday digital tasks inside its ecosystem, with meaningful competitive...

Berkshire’s New Era Under Greg Abel Housing Meets AI Investment Shift
Simply Wall St.67d agoneutral
Berkshire’s New Era Under Greg Abel Housing Meets AI Investment Shift

Berkshire Hathaway (NYSE:BRK.A) is acquiring Taylor Morrison Home Corporation, marking the first major deal under new CEO Greg Abel. The company is committing US$10b in a private placement as part of Alphabet’s US$80b equity raise focused on AI infrastructure. These moves follow Warren Buffett’s retirement and represent early capital deployment decisions under the new leadership. Berkshire Hathaway operates a mix of insurance, utilities, rail, manufacturing, and services businesses,...

Meta lashes Australia's bid to make tech giants pay for news
AFP67d agoneutral
Meta lashes Australia's bid to make tech giants pay for news

Tech giant Meta on Thursday attacked Australia's "grossly unfair" bid to make social media companies pay for news, saying it is vehemently opposed to the draft laws."Our position is clear: this law is poorly designed, grossly unfair, and will fail to deliver a diverse and sustainable news industry," said Meta, the parent company of Facebook and Instagram.

Warren Buffett's Berkshire Hathaway doubles down on Google
TheStreet67d agoneutral
Warren Buffett's Berkshire Hathaway doubles down on Google

Warren Buffett spent decades telling investors he did not understand technology well enough to own it. Then he bought Apple. Then he tripled down on a search giant that has spent the past two years convincing Wall Street that AI makes it stronger, not weaker. On June 1, Berkshire Hathaway made that ...

Meta lashes Australia bid to make tech giants pay for news
AFP67d agoneutral
Meta lashes Australia bid to make tech giants pay for news

Tech giant Meta on Thursday attacked Australia's "grossly unfair" bid to make social media companies pay for news, saying it is vehemently opposed to the draft laws."Our position is clear: this law is poorly designed, grossly unfair, and will fail to deliver a diverse and sustainable news industry," said Meta, the parent company of Facebook and Instagram.

Meta (META) Stock Trades Up, Here Is Why
StockStory67d agoneutral
Meta (META) Stock Trades Up, Here Is Why

Shares of social network operator Meta Platforms (NASDAQ:META) jumped 3.2% in the morning session after sentiment improved following an enterprise AI product launch, and an analyst upgrade.

Broadcom Revenue Climbs on AI Chip Demand
The Wall Street Journal67d agobullish
Broadcom Revenue Climbs on AI Chip Demand

The semiconductor and software maker says semiconductor revenue from AI more than doubled to $10.8 billion in the quarter, boosted by increasing demand for custom AI accelerators and AI networking, Chief Executive Hock Tan said.

Exclusive-Uber's commitment to self-driving startup Nuro is close to $500 million, sources say
Reuters67d agoneutral
Exclusive-Uber's commitment to self-driving startup Nuro is close to $500 million, sources say

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.