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AI's Hottest Private Companies Have Booming Crypto Shadow Market
Bloomberg94d agoneutral
AI's Hottest Private Companies Have Booming Crypto Shadow Market

(Bloomberg) -- The race to sell retail investors a piece of the AI boom has gone mainstream — closed-end funds, interval funds, special-purpose vehicles. Now, crypto platforms are offering trades tied to the most valuable private AI companies on earth — ones ordinary investors have almost no other way to access.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysChina's Unprecedented Defiance of US Sanctions Triggers ShowdownUS and Iran Trade Fire in Gulf, Jolting

AI’s Hottest Private Companies Have Booming Crypto Shadow Market
Bloomberg94d agoneutral
AI’s Hottest Private Companies Have Booming Crypto Shadow Market

(Bloomberg) -- The race to sell retail investors a piece of the AI boom has gone mainstream — closed-end funds, interval funds, special-purpose vehicles. Now, crypto platforms are offering trades tied to the most valuable private AI companies on earth — ones ordinary investors have almost no other way to access.Most Read from BloombergChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old CeasefireFormer NYC Mayor Giuliani in Critica

Bloomberg94d agoneutral
White House Eyes Vetting AI Models Pre-Release, NYTimes Says

(Bloomberg) -- The Trump administration is considering an executive order to create a working group on artificial intelligence, according to the New York Times, a bid to boost oversight of the emerging technology.Most Read from BloombergChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownFormer NYC Mayor Giuliani in Critical Condition, Trump SaysBeijing Tells China Firms to Ignore US Sanctions on RefinersUS Denies Iran Report That Naval Ship Was Hit by MissilesSupertanker Appears to

Apple Plans to Let Users Build Their Own Passes in iOS 27 Wallet App
Bloomberg94d agoneutral
Apple Plans to Let Users Build Their Own Passes in iOS 27 Wallet App

(Bloomberg) -- Apple Inc. is preparing a new “Create a Pass” feature for its next major iPhone software update, allowing users to build and customize their own digital tickets and gift cards within the Wallet app.Most Read from BloombergChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownFormer NYC Mayor Giuliani in Critical Condition, Trump SaysBeijing Tells China Firms to Ignore US Sanctions on RefinersUS Denies Iran Report That Naval Ship Was Hit by MissilesSupertanker Appears to

Reddit CEO delivers bold warning to Google and OpenAI
TheStreet94d agoneutral
Reddit CEO delivers bold warning to Google and OpenAI

Reddit CEO Steve Huffman had a message for the AI giants on the company's first-quarter 2026 earnings call. And it wasn't subtle. "There is no artificial intelligence without actual intelligence. And that comes from Reddit," Huffman said. That single line landed like a warning shot, aimed squarely ...

Analysts See 10% Upside for Alphabet Following Q1 Earnings
24/7 Wall St.95d agoneutral
Analysts See 10% Upside for Alphabet Following Q1 Earnings

Alphabet (NASDAQ: GOOGL) trades at $344.40, while Wall Street’s consensus price target sits at $377.29, implying the stock has roughly 9.5% upside. Alphabet owns Google Search, YouTube, Google Cloud, Waymo, and the Gemini AI platform. The stock remains a focal point as AI and cloud growth accelerate at scale, while management commits unprecedented capital to infrastructure ... Analysts See 10% Upside for Alphabet Following Q1 Earnings

While NVDA Dominates Headlines, Here’s Where the Real AI Economics Are Hiding
24/7 Wall St.95d agoneutral
While NVDA Dominates Headlines, Here’s Where the Real AI Economics Are Hiding

NVIDIA (NASDAQ:NVDA) is the stock dominating every retirement account discussion, every cable hit, and every chart on Twitter, and the multi-year run is precisely why. The more important signal sits elsewhere. Semiconductor revenue is cyclical. Always has been. The Bureau of Economic Analysis already shows the math: manufacturing’s share of GDP fell from 9.7% in ... While NVDA Dominates Headlines, Here’s Where the Real AI Economics Are Hiding

‘Tech Is Back’: Fund Investors Recovered in April
The Wall Street Journal96d agoneutral
‘Tech Is Back’: Fund Investors Recovered in April

Fund investors can thank the big tech stocks for getting the second quarter off to a better start than the first. Powered by gains in Nvidia and Google parent Alphabet the stock market in April logged its best month since 2020, shaking off declines in the first quarter when the war in Iran started. “The tech sector is back,” says Adam Turnquist, chief technical strategist for LPL Financial ”After a 115-day hiatus from new highs, the sector has finally reached record-high territory.”

Big Tech Earnings Show Split Between AI Trade Winners and Losers
Bloomberg96d agoneutral
Big Tech Earnings Show Split Between AI Trade Winners and Losers

(Bloomberg) -- The world’s biggest technology companies posted strong earnings last week, showing that the artificial intelligence boom is alive and well. But in the stock market, investors are getting more granular as they try to divvy up the winners and losers in the AI trade.Most Read from BloombergSupertanker Appears to Have Crossed the Strait of HormuzWorld’s Largest Container Carrier Plans Route Avoiding HormuzBeijing Tells China Firms to Ignore US Sanctions on RefinersPhilippines Says Tho

Investing.com96d agoneutral
AI could take capex to $1Tn in CY27

Investing.com -- A new industry report from BofA Global Research suggests that aggressive investments in artificial intelligence (AI) could drive global hyperscale capital expenditure (capex) to $1 trillion by calendar year 2027.