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Anthropic At $1 Trillion May Actually Be Cheap
Trefis83d agoneutral
Anthropic At $1 Trillion May Actually Be Cheap

Anthropic may soon become one of the most valuable private companies in history. The Financial Times recently reported that the company could seek a valuation approaching $1 trillion in an upcoming funding round, despite a revenue run rate that was barely above $1 billion at the start of 2025. For a traditional software company, the valuation would look absurd.

Intel Is Up 5% Today: Here’s Why
24/7 Wall St.83d agoneutral
Intel Is Up 5% Today: Here’s Why

Shares of Intel (NASDAQ:INTC) are up 5% in early trading Wednesday, changing hands near $116.20 after closing Tuesday at $110.80. The catalyst is a late Tuesday report that Intel is in talks to acquire AI chip startup Tenstorrent. The move extends what has already been one of the most powerful large-cap rallies of the year. ... Intel Is Up 5% Today: Here’s Why

How META Stock Rises To $1,000
Trefis83d agoneutral
How META Stock Rises To $1,000

Meta Platforms (META) trades at around $600 per share, reflecting a $1.5 trillion market capitalization and a trailing price-to-earnings ratio of around 22. This multiple sits below both the three-year average of 25 and the three-year peak of 33. Operating fundamentals present a trailing twelve-month revenue growth of 26.2% alongside a three-year compound annual growth rate of 22.4%. Meta currently generates a trailing net margin of 32.8%, positioned comfortably between its three-year average of

Arm Holdings Is Up 104% and Smart Money Is Waiting for One Specific Level to Buy More
24/7 Wall St.83d agobullish
Arm Holdings Is Up 104% and Smart Money Is Waiting for One Specific Level to Buy More

At $223.15, Arm Holdings (NASDAQ:ARM) screens as attractive to accumulators, with research desks pointing to the $210 to $215 range on any pullback as a favored entry zone. The stock has rebounded sharply from a steep first-quarter drawdown, and the post-earnings story has fundamentally changed what Arm is selling to Wall Street. Arm designs the ... Arm Holdings Is Up 104% and Smart Money Is Waiting for One Specific Level to Buy More

Reuters83d agobullish
Lamda wins cloud deal with Hudson River Trading to supply access to Nvidia chips

Artificial intelligence cloud computing startup Lamda on Wednesday said ‌it has won a cloud contract with high-speed ‌trading firm Hudson River Trading. Lamba, which is backed by Nvidia and ​raised $1.5 billion last year after signing a deal to provide Microsoft with access to Nvidia's chips, said the deal with Hudson River Trading will entail renting ‌more than 1,000 of ⁠Nvidia's latest "Blackwell" systems to the trading firm, which Reuters last month reported had $12.3 billion ⁠in trading revenues last year. Lamda and Hudson River Trading did not disclose the financial terms of the ​deal.

Thales inks deal with Google for homegrown German cloud provider
Reuters83d agoneutral
Thales inks deal with Google for homegrown German cloud provider

French ‌defence group ‌Thales and ​Alphabet's Google Cloud have signed ‌a ⁠deal to launch ⁠a new ​European ​cloud solution ​in ‌Germany that will be operationally and legally ‌independent ​from ​Google, ​the ‌companies said on ​Wednesday. (Reporting ​by Gianluca ​Lo ‌Nostro; Editing ​by Matt ​Scuffham)

Higher Prices Could Slow the AI Building Boom
The Wall Street Journal83d agoneutral
Higher Prices Could Slow the AI Building Boom

AI’s big bucks go mostly toward computing gear like chips and servers in data centers. Should that trend persist, it could come to bite suppliers including chip giant Nvidia which reports quarterly results after the bell today. Nvidia can insulate itself from cost inflation by expanding offerings that don’t require as much in-demand memory, by passing on higher prices to customers and by inking longer-term deals with its own suppliers at lower prices.

Nvidia Earnings Can Affirm Chip Stock Rally or Spur Market Chaos
Bloomberg83d agobullish
Nvidia Earnings Can Affirm Chip Stock Rally or Spur Market Chaos

(Bloomberg) -- For much of the year, chip stocks have been powering the market higher. Now, Nvidia Corp.’s earnings have a chance to confirm that the rally has more room to run — or add another brick to investors’ wall of worry.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersNATO Is Starting to Consider Hormuz Mission to Protect ShipsHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranUS 30-Year Yield Hits Highest Since 2007 as Selloff DeepensBilliona

Big Questions We’ll Be Looking to Answer in SpaceX’s IPO Filing
The Wall Street Journal83d agoneutral
Big Questions We’ll Be Looking to Answer in SpaceX’s IPO Filing

How does SpaceX make its money? SpaceX makes its money from subscriptions to its Starlink satellite internet service, rocket launches to put satellites and astronauts in space, as well as national security contracts to build and launch satellites. Who are SpaceX’s largest investors?

As stocks slump, cue Nvidia
Reuters83d agobearish
As stocks slump, cue Nvidia

(Corrects paragraph 10 to say BoE kept interest rates on hold at its last meeting) A look at the day ahead in European and global markets from Kevin Buckland As if markets haven't been volatile enough

TD Cowen Highlights Waymo Growth at Alphabet (GOOGL)
Insider Monkey83d agoneutral
TD Cowen Highlights Waymo Growth at Alphabet (GOOGL)

George Soros ranks among the richest hedge fund managers in the world. While Amazon.com, Inc. (NASDAQ:AMZN) remains the billionaire’s largest position, Alphabet Inc. (NASDAQ:GOOGL) ranks 2nd on the list of George Soros’ top holdings with a 2.32% portfolio share ($200 million). BofA Securities restated a Buy rating and $430 price target for Alphabet Inc. (NASDAQ:GOOGL) on […]

CleanSpark (CLSK) Climbs 9.3% as Analyst ‘Highly Optimistic’
Insider Monkey83d agobullish
CleanSpark (CLSK) Climbs 9.3% as Analyst ‘Highly Optimistic’

CleanSpark Inc. (NASDAQ:CLSK) is one of the 10 Stocks With Powerful Gains. Shares of CleanSpark rallied for a second day on Tuesday, jumping 9.30 percent to close at $14.69 apiece, as investors took heart from an investment firm’s bullish call for its stock. In a market note, CleanSpark Inc. (NASDAQ:CLSK) received a $24 price target […]

Meta Begins 8,000 Global Job Cuts in Asian Hub of Singapore
Bloomberg83d agobearish
Meta Begins 8,000 Global Job Cuts in Asian Hub of Singapore

(Bloomberg) -- Meta Platforms Inc. is alerting thousands of employees that they’re being laid off, part of a previously announced restructuring aimed at improving efficiency and reducing costs while investing heavily in artificial intelligence.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersNATO Is Starting to Consider Hormuz Mission to Protect ShipsUS 30-Year Yield Hits Highest Since 2007 as Selloff DeepensHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’

Meta Begins 8,000 Global Job Cuts in Asian Hub of Singapore
Bloomberg83d agobearish
Meta Begins 8,000 Global Job Cuts in Asian Hub of Singapore

(Bloomberg) -- Meta Platforms Inc. is alerting thousands of employees that they're being laid off, part of a previously announced restructuring aimed at improving efficiency and reducing costs while investing heavily in artificial intelligence.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersNATO Is Starting to Consider Hormuz Mission to Protect ShipsUS 30-Year Yield Hits Highest Since 2007 as Selloff DeepensBillionaire Rinehart Bets $100 Million on US Defense St

Bloomberg83d agobearish
Meta Begins 8,000 Global Job Cuts in Asian Hub of Singapore

(Bloomberg) -- Meta Platforms Inc. is alerting thousands of employees that they’re being laid off, part of a restructuring aimed at improving efficiency and reducing costs while investing heavily in artificial intelligence.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersNATO Is Starting to Consider Hormuz Mission to Protect ShipsUS 30-Year Yield Hits Highest Since 2007 as Selloff DeepensBillionaire Rinehart Bets $100 Million on US Defense StocksTrump Says Holdin

Pitchbook84d agoneutral
Blackstone and Google's joint venture funds computing power, not just data centers

Google and Blackstone have formed a joint venture to offer AI data center capacity, networking and computer hardware as a “compute-as-a-service product,” the asset manager said. The tie-up opens a new avenue in the rush of private equity into AI infrastructure, moving it beyond data centers and into the business of financing compute itself. Blackstone is making an initial $5 billion equity commitment, with the first 500 megawatts of capacity expected online in 2027, the firm said in a statement.

Alphabet AI Data Center Venture Raises Questions On Valuation And Growth
Simply Wall St.84d agoneutral
Alphabet AI Data Center Venture Raises Questions On Valuation And Growth

Blackstone and Alphabet's Google have agreed to form a joint venture to build and operate AI data centers in the United States. The new platform will offer access to Google Tensor Processing Units as compute as a service for enterprise customers. Blackstone plans to invest $5b in equity, while Google will provide AI chips, software, and data center technology. The venture targets 500 megawatts of capacity by 2027, with potential expansion as demand for AI infrastructure changes. Alphabet...

AI data centers met with growing opposition across US
Yahoo Finance Video84d agoneutralVIDEO
AI data centers met with growing opposition across US

Asking for a Trend Host Josh Lipton and Yahoo Finance Senior Reporter Brooke DiPalma track several of the day's top trending stories and stock tickers, including the public backlash to AI data center projects in the US.