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(Bloomberg) -- SpaceX decided to rent out the full capacity of its Colossus 1 data center in Memphis to Anthropic PBC after encountering technical challenges using the facility to develop and run its Grok artificial intelligence models, according to people familiar with the matter. Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeUS, Iran Edge Toward Interim Deal Signing Close to G7 Next WeekXbox Plans Significant Layoffs as New CEO Plans OverhaulTrump Insists Ir

The march of trillicorn initial public offerings doesn’t portend doom for investors. But it’s worth keeping an eye on just the same.

SpaceX just rewrote the IPO record book. The company sold more than 555 million shares at $135 each, raising $75 billion and landing a valuation of nearly $1.8 trillion. According to CNBC’s Melissa Lee, that places SpaceX as the seventh most valuable U.S. company, ahead of Tesla (NASDAQ:TSLA), and pushes Elon Musk to the edge ... SpaceX Raises Record $75 Billion in Historic IPO, Reaches $1.8 Trillion Valuation

The IPO market is back, and it’s not the same companies leading the charge. FAANG had a good run, but a new acronym is taking over: MANGOS — Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Half of that bunch is heading to public markets in the same window, and it’s a stress test for investors, for valuations, and for […]

SpaceX’s record-shattering IPO shows investors are eager to write big checks to finance the artificial-intelligence buildout, according to Goldman Sachs President John Waldron. “The capital markets are demonstrating a willingness to finance these extraordinary companies as we build out this AI infrastructure,” said Waldron in an interview with Bloomberg TV.

Management has gone quiet on the geopolitical cost pressures that once dominated its calls, but the new, unquantified component headwind they're flagging instead could pose a more direct threat to record profits.

Investing.com -- A wave of mega IPOs from SpaceX, Anthropic, and OpenAI, alongside fresh share sales from AI hyperscalers, could pose a significant test for the stock market, according to Capital Economics, which warned that surging equity supply has historically coincided with the late stages of major equity booms.

The SpaceX CEO's fortune on paper now rivals the annual economic output of many countries, according to World Bank data.

Entrepreneur Elon Musk is savvy when it comes to maintaining control of his companies. He owns 46% of SpaceX.

Hedge funds sold out of the biggest U.S. tech stocks, and some even added ‌bearish positions, according to data from a JPMorgan note late ‌Thursday, just before SpaceX was set to go public on Friday. Shares in the "Magnificent Seven" -- ​a group that includes some of the biggest tech names on Wall Street, namely Nvidia, Apple, Amazon.com, Alphabet, Meta, Tesla, and Microsoft, have all declined since last Friday. The Roundhill Magnificent Seven ETF, which tracks these ‌stocks closely, declined over 2.4% ⁠since June 5, with some analysts saying investors were clearing their decks in order to prepare for the ⁠debut of Elon Musk's Space X on Friday.

Apple's new smarter version of Siri gets its brains from Google.

AI firm Anthropic is planning to lease and manage its own data centers and is ‌seeking financial backing from Alphabet's Google for the ‌lease payments, The Information reported on Thursday. • Anthropic, the ​creator of the Claude Code AI assistant, has signed more than a dozen preliminary agreements to lease U.S. data centers with a combined capacity of more than 1 GW, The Information ‌reported, citing sources with ⁠direct knowledge of the plans. • The AI startup's executives have also discussed an arrangement under which backer ⁠Google, which co-designs some of the server chips Anthropic could use in the facilities, would provide a financial guarantee for its ​lease ​payments, the report said.

Google's parent company made strategic investments in both innovative enterprises.

Artificial intelligence (AI) companies will tap the capital markets for hundreds of billions of dollars over a very short time span.

Market Catalysts host Julie Hyman sits down with Epistrophy Capital Research Chief Market Strategist and The Drill Down podcast host Cory Johnson to discuss the upcoming SpaceX (SPCX) IPO. Johnson breaks down the company's key business segments and weighs in on its valuation. Asked whether he agrees with the proposed $135 IPO price, Johnson expressed caution, saying, "Projections out to the future to get to today's price are really optimistic."

This is the second piece in a series examining "boring" large-cap stocks that have outperformed the Nasdaq-100 over the past five years. The first piece provided an overview of the five companies. This week we begin breaking down the data behind each of the individual companies. This week's focus: ...

(Bloomberg) -- Cloud-computing giants powering the artificial intelligence boom are tapping global debt markets to fund hundreds of billions of dollars needed for data centers, chips and other infrastructure. Junk-rated CoreWeave Inc. is now following their lead.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Vows New Attacks on Iran, Threatens Key Energy TargetsUS Strikes Iran in Trump Escalation

Yahoo Finance Executive Editor Brian Sozzi welcomes Navan (NAVN) CEO Ariel Cohen to discuss the company's earnings beat and increased full-year guidance. Cohen also details Navan's partnership with Google (GOOG, GOOGL) Gemini and how the AI-powered collaboration is helping users streamline and personalize the travel booking experience.

Alphabet's Google is in talks with Samsung Electronics to manufacture part of its ‌next-generation chip, The Information reported on Thursday, citing ‌two people familiar with the matter. Google plans for Taiwan's TSMC to ​make the main part of the chip, codenamed 'Icefish,' while Samsung may produce a separate component that helps connect it to memory using its 2-nanometer production technology, the report ‌said. The chip industry has ⁠been grappling with a capacity crunch, as TSMC, the world's largest contract chipmaker, works ⁠to keep up with surging demand and avoid becoming a bottleneck in the global supply chain amid the AI ​boom.

(Bloomberg) -- DoorDash Inc. introduced an in-app artificial intelligence chatbot to help customers make restaurant and grocery orders, and suggested the technology could also be used to unlock new enterprise revenue streams.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksOracle Falls Most in Six Months on Mounting Data Center CostsTech Stocks S

(Bloomberg) -- Amazon.com Inc. said its data centers used 2.5 billion gallons of water worldwide last year, or about 5% of the amount metro Seattle consumes annually.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksOracle Falls Most in Six Months on Mounting Data Center CostsTech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets WrapThe world’

SpaceX won't be the only company that benefits if it has a successful IPO.

Helix Digital Infrastructure will “serve as a single coordination point for hyperscalers’ data centers, power, connectivity and related needs,” KKR said.

(Bloomberg) -- The initial public offering for SpaceX is poised to generate billions of dollars in profits for the fortunate few investors who got in early on Elon Musk’s rocket, satellite and artificial intelligence company.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Xbox Plans Significant Layoffs as New CEO Plans OverhaulUS Strikes Iran in Trump Escalation Over Stalled Peace TalksTech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets WrapH-1B Visa Ru

(Bloomberg) -- When Applied Digital Corp. first tapped the junk-bond market in November to fund a data center project tied to CoreWeave Inc., it had to stomach a hefty yield to get the deal done. Fast forward to this week, and borrowing costs for another portion of the same project tumbled.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Xbox Plans Significant Layoffs as New CEO Plans OverhaulUS Strikes Iran in Trump Escalation Over Stalled Peace TalksTech Sto

The stock market is at critical levels amid AI fears, Trump comments. Oracle earnings beat late. The SpaceX IPO is about to begin its countdown.

A jury had found the two companies liable for designing platforms that harmed a young user and awarded $6 million in damages

Alphabet stock is down 13% as the SpaceX IPO prices. See how a $100 billion stake, recovering money flow, and a $475 target frame the setup.

June 10 (Reuters) - A California state court judge has denied motions by Meta Platforms and Google's YouTube seeking ‌a new trial after a jury found the companies liable for ‌designing social media platforms that are harmful to young people. Los Angeles Superior Court Judge ​Carolyn Kuhl ruled on the motions on Tuesday, according to court documents.

U.S. President Donald Trump said ‌on Wednesday that he expects top artificial ‌intelligence companies to agree to "giving back" to the public, an apparent ​reference to a possible government stake in the firms. "I'm going to have meetings with the top 12 or 15 executives very shortly, and we're talking about giving back ‌something to the ⁠public, and if we do that, the public will become very rich," Trump told ⁠reporters in the White House’s Oval Office. A Trump spokesperson did not ​immediately respond to ​a request for more details about the ‌president meeting with AI executives.