Europe 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 announce on Wednesday as part of a package of measures aimed at reducing Europe's dependence on U.S. tech and promoting European businesses. The drive for sovereignty requirements in sensitive sectors such as banking, energy, healthcare and comes amid fears of surveillance by the United States and that it may get unlawful access to Europeans' data on the basis of its laws such as the Cloud Act which requires U.S.-based providers to grant authorities access to data even if it is stored abroad.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
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
A Google engineer's insider trading arrest highlights the challenges with prediction market trading. Here's what everyday investors need to know about how these markets work — and the related risks.
This week, tech investors will be watching chip and cybersecurity earnings, the impact of AI on labor market data, and the Computex annual chip summit.
This week, tech investors will be watching chip and cybersecurity earnings, the impact of AI on labor market data, and the Computex annual chip summit.

This week, tech investors will be watching chip and cybersecurity earnings, the impact of AI on labor market data, and the Computex annual chip summit.
This week, tech investors will be watching chip and cybersecurity earnings, the impact of AI on labor market data, and the Computex annual chip summit.
↗️ Nvidia (NVDA): The world’s most valuable company unveiled its new superchip at the Computex conference in Taipei, which it described as “the most efficient PC chip ever built.” The chips will be used to power computers designed for running AI agents.
The Oracle of Omaha's protege sent Amazon shares packing in favor of a multifaceted winner whose stock has soared more than 15,500% since its initial public offering.
From Europe to Japan and Switzerland, huge bond issues by Big Tech companies are proving that smaller markets, often overshadowed by the U.S., can punch above their weight in the $40 trillion world of corporate debt. Google-parent Alphabet is already one of the biggest outstanding borrowers in the sterling and Swiss franc corporate bond markets, while Amazon raised 14.5 billion euros ($16.88 billion) in March from an eight-part deal, the largest ever in the euro corporate bond market, according to LSEG. Debt issues by so-called "hyperscalers" - or Big Tech companies - outside the United States are part of a push to diversify their funding early on, bankers said, as they look to finance trillions of dollars of investment in AI infrastructure, especially data centers, in the years ahead.
Ryan Specialty Holdings delivers tailored insurance solutions for brokers and carriers seeking specialized risk management expertise.
Meta Platforms is rolling out subscriptions for its family of apps as well as AI services. The subscriptions could drive its long-term growth and help the company monetize its AI capex.
US prosecutors alleged a Switzerland-based Google employee wagered $2.75 million through a Polymarket account named “AlphaRaccoon” between October and December last year.
The quantum computing trade has shifted from a speculative bet to an identifiable, investable theme, and the three exchange-traded funds that best capture it each take a different angle on the same transition. Defiance Quantum ETF (NYSEARCA:QTUM) holds a pure-play roster of qubit makers and quantum-adjacent semiconductor companies. ARK Autonomous Technology & Robotics ETF (NYSEARCA:ARKQ) ... Quantum Computing Just Hit Commercial Viability and These 3 ETFs Sit on Top of the Compute Transition
Enlight Renewable Energy surged after securing a long-term Google power agreement, reinforcing its growing role in the AI-driven electricity infrastructure boom.
(Bloomberg) -- Chipmakers are by far the hottest stocks in the market, but their recent surge is lending urgency to the debate over whether investors are buying into an artificial-intelligence bubble that’s due to burst.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseStrait of Hormuz Ship Transits Are Rising Thanks to US HelpAmericans Hurt in Kuwait as Trump Sends Mixed Signals on WarCVS Returns
Alphabet is ramping up efforts to compete with Nvidia in the market for AI accelerators.
Google and several social media companies agreed to a multimillion dollar settlement with a U.S. school district over claims that their platforms contributed to a student mental health crisis. Separately, an Indian court ruled that Google was liable for trademark infringement related to keyword advertising, directly affecting its core ads business in that market. For Alphabet (NasdaqGS:GOOGL), these developments sit at the heart of its largest businesses, search and digital advertising, and...
A decade of policy changes in the Texas capital set the stage for a construction boom. The result is that prices are down and sales are up. Other cities are taking notice.
Nvidia's success is key to the stock market's success.
EQT has struck a deal with Alphabet Inc.‘s Google Cloud aimed at speeding up artificial intelligence projects across more than 300 companies held in the buyout firm's portfolio. The arrangement gives these businesses access to Google Cloud's AI and security...
The market's had time to fully digest the news it didn't see coming early last month.
The Invesco QQQ Trust (NASDAQ:QQQ) has ripped higher in the spring rally, climbing 10% in the past month and 19% year to date to trade near $727. That rebound from the early-April volatility spike, when the VIX briefly punched above 25, has been powered almost entirely by the same handful of AI infrastructure names that ... QQQ’s Hidden Risk: Why the Fund’s Top 5 Holdings Move Together
Every technology that mints a new fortune tends to make an enemy somewhere else. The railroads did it. The factory floor did it. Artificial intelligence (AI) is doing it now, and the backlash is showing up in places Wall Street doesn't usually watch. For two years, the only AI story most investors ...