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Analysis-Could AI chip boom make ASML Europe's first trillion-dollar firm?
Reuters24d agoneutral
Analysis-Could AI chip boom make ASML Europe's first trillion-dollar firm?

The global artificial intelligence boom has propelled ASML to the top of Europe's stock market, as soaring demand for AI computer chips flows to the Dutch company that dominates the market for the equipment needed to ‌make them. After blowout second quarter earnings, investors and analysts are asking a once far-fetched question: could ASML become Europe's first ever trillion-dollar firm? Key ‌obstacles include doubts over how long Google, Amazon, and other hyperscalers will keep spending heavily on data centres, and whether ASML, its suppliers and customers such as TSMC and Samsung can execute expansion ​plans.

Bloomberg24d agoneutral
Bezos Backs AI Startup to Discover New Materials for Chipmaking

(Bloomberg) -- Producing the world’s most in-demand semiconductors requires enormous amounts of energy and access to rare minerals. CuspAI, a two-year-old British startup, has raised nearly half a billion dollars on its bet that artificial intelligence can improve that process. Most Read from BloombergUS Strikes Iran in Escalating Campaign After Troops KilledThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsFCC

Bank of America doubles down on Google stock ahead of earnings
TheStreet25d agoneutral
Bank of America doubles down on Google stock ahead of earnings

Alphabet reports Q2 2026 earnings on July 22. Most investors going into the print are focused on Search growth and whether Cloud can sustain its acceleration. But Bank of America's latest note highlights something that could make the headline numbers look unusual: an estimated $80 billion boost to ...

Bloomberg25d agobullish
China’s Moonshot Plans IPO in Six Months After AI Breakthrough

(Bloomberg) -- Moonshot AI has told investors it’s preparing to list in as early as six months, seizing the opportunity to tap capital markets after its latest model upended industry perceptions of China’s burgeoning capabilities and sent global tech stocks reeling.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyTaylor Farms P

Intel and Google deepen AI ties for chip design
TheStreet26d agoneutral
Intel and Google deepen AI ties for chip design

Intel Corporation (INTC) and Google Cloud announced an expanded partnership on Thursday 16th, deploying Gemini Enterprise across Intel’s workforce and pushing agentic AI tools into its chip design process, according to an Intel Newsroom statement. The announcement should have read as an unambiguous ...

Apple raises prices on key subscription services
TheStreet26d agoneutral
Apple raises prices on key subscription services

Apple isn't just counting on customers to keep buying iPhones. It also expects them to keep paying every month long after they've bought one. While Apple built its reputation selling cutting-edge devices, its fastest-growing profit engine has become Services, the business that keeps generating ...

Warren Buffett’s Alphabet bet eases bigger Berkshire fear
TheStreet27d agoneutral
Warren Buffett’s Alphabet bet eases bigger Berkshire fear

Warren Buffett’s decision to start building a stake in Alphabet is being seen as a late-career imprimatur for artificial intelligence. For stockholders in Berkshire Hathaway (BRK.A) (BRK.B), it could have a more crucial message. Buffett relinquished the CEO title on Jan. 1, passing the baton to ...

Bloomberg27d agoneutral
Apple in Early Settlement Talks With DOJ Over Antitrust Case

(Bloomberg) -- Apple Inc. and the US Justice Department are in early discussions about settling a 2024 lawsuit that alleges the iPhone maker violated antitrust laws. Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model That Narrows Gap With US FirmsThailand Scraps Plan to End Visa-Free Entry for Indian Tour

Bloomberg28d agoneutral
DeepMind CEO to Lobby Washington on Plan for Group to Vet AI Models

(Bloomberg) -- Earlier this week, Google DeepMind Chief Executive Officer Demis Hassabis unveiled a proposal for a new international watchdog that would do “rigorous” tests and reviews of cutting-edge AI models before release.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveOpenAI’s First Device Will Be Movable, Screenless Speaker Built

Bloomberg28d agobearish
Google Gemini Launch Delayed as Tech Falls Short of Internal Goals

(Bloomberg) -- Alphabet Inc.’s Google is months behind schedule on delivering Gemini 3.5 Pro, its most powerful flagship AI model, because the company has been taking time to try to improve its capabilities, particularly in coding, according to people familiar with the matter.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveOpenAI’s Fir

Bloomberg28d agobearish
Oracle Risks Falling Behind in AI Race as Spending Binge Bites

(Bloomberg) -- Oracle Corp.’s ambitions to dominate the artificial intelligence buildout are running into a key hurdle: funding a spending spree without further damaging its credit standing.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveOnePlus, Once Popula

US probes Samsung for alleged infringement of Netlist's memory-chip patents
Reuters28d agobearish
US probes Samsung for alleged infringement of Netlist's memory-chip patents

U.S. trade regulators have launched ‌a probe into ‌Samsung Electronics' memory chips and ​products sold by Google, Nvidia, Broadcom and Super Micro Computer that use ‌them ⁠after a complaint by Netlist alleging infringement ⁠of its patents. California-based Netlist has accused Samsung ​and its ​U.S. ​units of ‌infringing its patents on dynamic random access memory, a type of chip that temporarily stores data ‌for processors ​and is a ​critical ​component in the ‌servers powering the ​AI ​boom, the U.S. International Trade Commission (USITC) said ​on ‌Wednesday.

SpaceX IPO & why oil could hit $150: Robinhood Exec
Yahoo Finance Video28d agoneutralVIDEO
SpaceX IPO & why oil could hit $150: Robinhood Exec

Robinhood executives Stephanie Guild and Steve Quirk join Yahoo Finance Executive Editor Brian Sozzi to break down the unprecedented wave of upcoming AI and SpaceX IPOs, the risks of the "Magnificent Seven" market concentration, and why a looming $150 oil shock could test the stock market this summer.

EU court upholds Google's $854,250 Italian fine over gambling advertising
Reuters28d agoneutral
EU court upholds Google's $854,250 Italian fine over gambling advertising

Europe's top ‌court on ‌Thursday sided with Italy's ​communication authority which fined Alphabet unit Google €750,000 ($854,250) four ‌years ago ⁠over gambling advertising on its ⁠YouTube video platform. "Google may ​be held ​liable ​for the ‌YouTube videos of a content creator with whom it has a ‌commercial partnership," ​the Luxembourg-based ​Court ​of Justice ‌of the European ​Union ​said. The case is C-421/24AGCOM (Online gambling).