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Private infrastructure and real estate capital are expected to play a larger role in financing the ‌AI-driven data-center boom, as companies move beyond traditional forms ‌of funding, Goldman Sachs said in a note on Tuesday. Goldman increased its ​combined capex forecast for the four largest hyperscalers - Meta, Microsoft, Amazon, and Alphabet - to $5.3 trillion between fiscal years 2025 and 2030. Prior to the start of first-quarter earnings, the Wall Street brokerage forecast ‌capex at $4.5 trillion for ⁠the same period.

Europe's second-highest court on Wednesday backed Meta Platforms' fight ‌against the labelling of its Marketplace ‌platform as a gatekeeper under EU rules but ​rejected its challenge against the same designation for its messaging app Messenger. "The decision does not satisfy the requirements in terms of ‌reasoning as regards ⁠Marketplace, in that it allows neither Meta to understand the reasons ⁠for its classification as a core platform service that is an online intermediation service ​nor the ​Courts of the ​European Union to ‌exercise their power of review," the General Court said. Meta took its grievance to the Luxembourg-based tribunal after the European Commission said both services were important gateways for businesses ‌to reach users under ​the Digital Markets Act ​because they met ​the quantitative criteria.

Three years after brokering one of the most consequential emergency acquisitions in banking history, UBS is still working through what that deal cost in human terms. The latest bill arrived on May 29. Hundreds of employees across Europe, the Middle East, and Africa found out their jobs were gone. ...

Broadcom stock has already had a meteoric run ahead of Q2 earnings on June 3, but options traders believe AVGO shares will push higher after the quarterly print.

Meta is dialing back elements of its plan to collect employee mouse movements, keystrokes and other actions ‌for use as AI training data, it said in an ‌internal memo on Tuesday, following weeks of angry pushback from staffers. New controls will allow ​employees to pause the data collection for up to 30 minutes at a time and request exemptions from the initiative, according to the memo, authored by Stephane Kasriel, a vice president in Meta's AI model-building Superintelligence Labs ‌unit. A Meta spokesperson declined to comment.

Broadcom Faces High-Stakes Earnings Test. Oppenheimer Says AI Could Deliver Another Beat

The artificial intelligence boom has survived just about everything investors have thrown at it. Concerns over China, export restrictions, sky-high valuations, and even recession fears have failed to derail a rally that has added trillions of dollars in market value to companies like Nvidia (NASDAQ:NVDA), Microsoft (NASDAQ:MSFT), Broadcom (NASDAQ:AVGO), and Meta Platforms (NASDAQ:META). Yet there ... Only One Man Can Kill the AI Boom: Fed Chair Kevin Warsh

The biggest story surrounding the IPO landscape is, of course, none other than SpaceX. But CoreWeave's debut last year shouldn't be forgotten either.

Morning Brief host Julie Hyman is joined by Yahoo Finance Tech Editor Dan Howley and Investopedia Editor-in-Chief Caleb Silver to discuss the key question investors should be asking about upcoming IPOs from companies like SpaceX (SPAX.PVT), Anthropic (ANTH.PVT), and OpenAI (OPAI.PVT), and whether retail investors are ready to buy into the hype.

(Bloomberg) -- SK Hynix Inc. plans to double its memory chip capacity over the coming half-decade, a major expansion that should help ease a global shortage of an essential component of AI.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAndrew Left Found Guilty in Case That Spooke

(Bloomberg) -- A data center tied to CoreWeave Inc. is set to get funding from a $850 million junk-bond sale by Elk Grove Village Property LLC, which joins a wave of high-yield issuers tapping debt markets to fund artificial intelligence infrastructure.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectRussia Finance Officials Tell Putin

Broadcom's quarterly results and earnings calls are worth following for AI growth stock investors.

(Bloomberg) -- China strengthened oversight of outbound investment through a new directive, tightening cross-border capital flows as its technology rivalry with the US intensifies.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionStrait of Hormuz Ship Transits Are Rising Thanks to US HelpA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectAmericans Injured in Iranian Missile Strike on Ku

BEIJING, June 1 (Reuters) - China issued sweeping new rules on Monday, widening regulators' powers to scrutinise overseas deals involving Chinese investors, technology, data and national security, a

China issued sweeping new rules on Monday tightening control of overseas deals that involve Chinese investors, technology, data and national security, a month after Beijing ordered Meta to ‌unwind its acquisition of AI startup Manus. The rules, published by the State Council, or cabinet, will take effect ‌from July 1. One of the most significant articles requires authorisation for exports of restricted Chinese goods, technologies, services or related data.

Wall Street used to get the growth story early. Now it often only gets the receipt.

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 ...

Meta Platforms plans to start testing an AI pendant in the next ‌year, as it charts a roadmap for ‌wearable devices in an effort to reverse losses in its ​hardware division, The Information reported on Friday, citing a memo. • Meta declined to comment to Reuters on the report. • The Facebook and Instagram owner plans ‌to significantly expand ⁠its selection of AI glasses and add a business-focused service called "Wearables for Work" ⁠the report said, citing an internal memo by Alex Himel, Meta’s vice president of wearables.

SpaceX's reported $2 trillion valuation is being propped up by a 180-day lease to Anthropic.

Prediction market traders are pricing a 78% chance that SpaceX closes its first day of trading above $2 trillion, a valuation that would rank it among the ten most valuable companies in the world, ahead of Saudi Aramco, Tesla, and Meta Platforms. Polymarket contracts also show a 15%...

(Bloomberg) -- Nvidia Corp.’s Jensen Huang leads a parade of AI computing leaders in Taiwan for Asia’s biggest technology showcase, Computex. Over a jam-packed week, the hardware linchpins of the post-ChatGPT era will debate the most pressing issues facing their industry, from growing bottlenecks in the supply of essential components like memory chips to the rise of challengers to Nvidia at the apex of the semiconductor hierarchy.Most Read from BloombergSingapore Hands Byju's Founder His First E

Find insight on Meta Platforms, bitcoin, IBM and more in the latest Market Talks covering technology, media and telecom.

Yahoo Finance Tech Editor Dan Howley comes on Market Domination to break down the day’s leading tech stories, including private AI developer Anthropic (ANTH.PVT) nearing a $1 trillion valuation after its latest funding round. The company is reportedly targeting a mega-IPO for late 2026.

Yahoo Finance Tech Editor Dan Howley comes on Market Domination to break down the day’s leading tech stories, including private AI developer Anthropic (ANTH.PVT) nearing a $1 trillion valuation after its latest funding round. The company is reportedly targeting a mega-IPO for late 2026.

Investing.com -- Meta Platforms’ major push into subscription services across Instagram, Facebook, WhatsApp and Meta AI, a move that could generate billions of dollars in recurring revenue.

(Bloomberg) -- The talent at some of America’s hottest artificial intelligence companies often passes through Boston-area universities before heading west to build billion-dollar businesses in Silicon Valley. Massachusetts business and political leaders say California’s proposed tax on billionaires is an opportunity to change that.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarTwo More Oil Supertanker

There is always one IPO that defines a generation of investors. For people who started buying stocks in the 1990s, it was Microsoft (MSFT) and Amazon (AMZN). For millennials, it was Facebook and Tesla (TSLA). Each one arrived with the same problem, a valuation that looked impossible right up until ...

(Bloomberg) -- Micron Technology Inc. is the third-best performer in the S&P 500 Index this year and at the same time one of the least expensive stocks in the market. While that dichotomy looks bullish on the surface, it may be more of a warning sign than a green light for investors.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarEx-President Biden Sues to Stop DOJ Sharing Interview TapesTwo More Oil S

(Bloomberg) -- Wiwynn Corp., one of the biggest makers of Nvidia Corp. servers, warned of shortages developing in vital data center components beyond just memory chips, potentially slowing or inflating the cost of a global AI infrastructure buildout.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarEx-President Biden Sues to Stop DOJ Sharing Interview TapesTwo More Oil Supertankers Exit Hormuz to Help Pu

The cloud-storage company joins Apple and Meta as one of AWS’s largest customers for CPU-based computing. Snowflake shares soared 30% after the closing bell.