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VGT Investors: Watch Hyperscaler Capex Guidance in H2 2026
24/7 Wall St.45d agoneutral
VGT Investors: Watch Hyperscaler Capex Guidance in H2 2026

The Vanguard Information Technology ETF (NYSEARCA:VGT) just gave back a chunk of its 2026 run, sliding 5% in a single week as semiconductor names corrected. The fund is still up about 21% year to date and roughly 39% over the past year, but holders should treat that pullback as the market beginning to question the ... VGT Investors: Watch Hyperscaler Capex Guidance in H2 2026

5-star analyst sets bold SpaceX stock price target
TheStreet45d agoneutral
5-star analyst sets bold SpaceX stock price target

It didn’t take long for SpaceX (SPCX) to turn from hype to a disappointing IPO. The stock is trading near $161 at the time of writing on Thursday afternoon, July 2, nearly 25% below its highest close of $211.39 on June 16. Many people expected it to become a typical Elon Muskmeme stock, but this ...

Alibaba, Tencent back Kuaishou's Kling AI in $2.8 billion fundraise
Reuters45d agoneutral
Alibaba, Tencent back Kuaishou's Kling AI in $2.8 billion fundraise

China's Kuaishou Technology said on Thursday a group of investors including Alibaba and Tencent will inject ‌over 19 billion yuan ($2.80 billion) in Kling AI, while ‌valuing the popular AI video arm at $15 billion on a pre-money basis. The fundraising ​underscores investors' appetite for China's fast-growing AI sector, which continues to attract billions of dollars in fresh capital. Technology companies have raised a total of $3.1 billion from stock market listings in China this ‌year to mid-June, ⁠more than five times the amount raised last year.

Alibaba to ban employees from using Anthropic's coding tool, source says
Reuters45d agoneutral
Alibaba to ban employees from using Anthropic's coding tool, source says

Chinese tech giant Alibaba has banned employees from using Anthropic's Claude Code at work after the tool drew scrutiny for features that can ‌help identify China-linked users, according to a person familiar with the order. The ban is part ‌of a deepening spat between the two companies after Anthropic accused Alibaba of illicitly extracting its Claude AI model capabilities — a dispute ​that highlights the frantic race between the U.S. and China to take the lead in artificial intelligence. Claude Code is Anthropic's AI coding assistant for software developers.

Australian prime minister condemns delay of changes to child social media ban
Associated Press45d agoneutral
Australian prime minister condemns delay of changes to child social media ban

Australian Prime Minister Anthony Albanese on Friday condemned senators who blocked changes to a world-first social media ban for children, saying tech giants would use the delay to destroy incriminating documents that could be used as evidence against them. The government this week introduced to Parliament amendments aimed at increasing powers of the eSafety Commissioner Julie Inman Grant, Australia’s online safety watchdog, to enforce the ban on Australian children younger than 16 from holding accounts on platforms including Facebook, Instagram, and YouTube that has been in place since December. The amendments would have given Inman Grant power to demand documents as well as information from platforms about their efforts to exclude young children.

Bloomberg45d agoneutral
The AI Trade Is Losing One of Its Key Signals

(Bloomberg) -- At a time when markets are growing uneasy over whether the enormous sums being poured into artificial intelligence will ever pay off, the prices the sector commands for each unit of usage are drifting lower.Most Read from BloombergExxon to Change Name for First Time in Decades After RedomicileWhy the Great American State Fair Looks So EmptyGermany Rejects Trump’s Demands for NATO Loyalty to WashingtonMeta Is Planning a Cloud Business to Sell AI Computing PowerRussia Indicates Ukra

Bitcoin, Ethereum, XRP, Dogecoin Spike as Weak Jobs Data Dims Rate-Hike Odds: Analyst Says 'Markets Are Just Waking Up'
Benzinga46d agoneutral
Bitcoin, Ethereum, XRP, Dogecoin Spike as Weak Jobs Data Dims Rate-Hike Odds: Analyst Says 'Markets Are Just Waking Up'

Cryptocurrencies gained ground on Thursday while major stock indexes closed at all-time highs, as softer-than-expected jobs data lowered expectations for a Federal Reserve rate hike. Cryptocurrency24-Hour Gains +/-Price (Recorded at 10:20 p.m. EDT)Bitcoin (CRYPTO: BTC)+2.19%$61,460.31Ethereum (CRYPTO: ETH) +5.67%$1,708.41XRP (CRYPTO: XRP) +3.23%$1.09Solana (CRYPTO: SOL) +4.20%$81.33Dogecoin (CRYPTO: DOGE) +3.17%$0.07466 Crypto Market Rallies Bitcoin briefly broke $62,000 but failed to sustain th