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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

Pitchbook83d 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.83d 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 Video83d 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.

Spiking Yields — Heard on the Street Recap
The Wall Street Journal83d agoneutral
Spiking Yields — Heard on the Street Recap

U.S. stocks retreated as investors debate tech valuations and worry that a prolonged Iran conflict will keep oil prices rising, pushing up inflation. The global bond selloff is intensifying, putting pressure on government finances and market valuations. Yields on 10-year U.S. Treasury notes rose for a third straight day, hitting their highest closing level since January 2025.

5-star analyst drops eye-popping Intel stock price target
TheStreet84d agobearish
5-star analyst drops eye-popping Intel stock price target

Intel (INTC) stock has lost about 19.17% since hitting its highest-ever closing price of $129.44 on May 11. It is currently trading at $104.62, according to Yahoo Finance at the time of writing, Tuesday morning, May 19. Intel repurchased Apollo’s (APO) equity interest in the joint venture related ...

Google DeepMind hires staff from Contextual AI in licensing deal, Bloomberg News reports
Reuters84d agoneutral
Google DeepMind hires staff from Contextual AI in licensing deal, Bloomberg News reports

Alphabet's AI research subsidiary, Google DeepMind, has finalized a deal to recruit more than 20 researchers from AI ‌startup Contextual AI and license its technology, Bloomberg News reported ‌on Tuesday, citing people familiar with the matter. DeepMind has agreed to pay about $100 million to ​Contextual as part of the agreement, while Contextual's co-founder and CEO Douwe Kiela is among those joining DeepMind, according to the report. Google and Contextual did not immediately respond to Reuters' requests for comment.