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Bloomberg30d agoneutral
Nvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom Levels

(Bloomberg) -- After losing roughly $1 trillion in market value in less than two months, Nvidia Corp.’s stock is the cheapest it’s been since before the AI boom kicked off and sent the shares into the stratosphere.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaChip Stocks Sink After Blistering Run as Oil Jumps: Markets WrapUS Strikes Iran and Blocks Oil Sales in New Test of TruceTwo Millennium Trading Pods Made About $3.7 Billion Last MonthChina Sentences

EU court rejects Apple's challenge against EU rules reining in Big Tech
Reuters30d agoneutral
EU court rejects Apple's challenge against EU rules reining in Big Tech

Europe's second-highest court on Wednesday dismissed Apple's challenge against landmark ‌EU rules labelling its app stores and ‌operating system iOS as gatekeepers subject to strict obligations. "The General ​Court dismisses Apple's actions regarding its designation as a gatekeeper in relation to the App Store and iOS," the Luxembourg-based tribunal said. It also said ‌that Apple's actions ⁠regarding the iMessage service are inadmissible.

Chamath Palihapitiya Says Meta 'Completely Fumbled It' on AI: Why Mark Zuckerberg Missed Big Tech's Next Major Leap
Benzinga30d agoneutral
Chamath Palihapitiya Says Meta 'Completely Fumbled It' on AI: Why Mark Zuckerberg Missed Big Tech's Next Major Leap

Venture capitalist Chamath Palihapitiya believes Meta Platforms Inc. (NASDAQ:META) and its CEO Mark Zuckerberg have “completely fumbled” the artificial intelligence race, squandering a historic opportunity to become the world’s undisputed champion of open-source AI. Profound Failure Speaking with Axios, the early Facebook executive delivered a blunt assessment of his former employer’s inability to capture the generative AI market. “They have completely fumbled it,” Palihapitiya stated. “I don’t

Nebius Group (NBIS) Gains on Massive AI Deals, Here’s What You Need to Know
Insider Monkey30d agoneutral
Nebius Group (NBIS) Gains on Massive AI Deals, Here’s What You Need to Know

Nebius Group N.V. (NASDAQ:NBIS) has gained more than 154% over the past 6-months. The growth has been driven by massive AI infrastructure deals and analysts’ positive projections for continued revenue expansion in the next quarter. Nebius Group N.V. (NASDAQ:NBIS) is also one of our Best Performing Agentic AI Stocks to Buy. ​Recently, the stock fell […]

Amazon's $25 Billion Bond Sale Weighs On Hyperscaler Bonds
The Wall Street Journal30d agoneutral
Amazon's $25 Billion Bond Sale Weighs On Hyperscaler Bonds

The flood of new bonds to fund the artificial-intelligence build-out seems to finally be getting a little bit much for investors. The extra yield, or spread, investors demand to hold bonds backed by AI hyperscalers moved broadly higher on Tuesday as Amazon issued $25 billion of bonds, returning to the U.S. debt market just four months after it completed a $37 billion bond sale. The spread on Amazon’s 5.8% notes due in 2036 jumped to 0.7 percentage point from 0.63 percentage point on Monday, according to MarketAxess.

Aptos hits a new quarterly high as token burn rate accelerates
TheStreet30d agoneutral
Aptos hits a new quarterly high as token burn rate accelerates

Aptos (APT) is burning more of its own token than ever before, and the numbers behind that milestone tell a bigger story about the blockchain network's growth. A high-performance layer-1 blockchain, Aptos is built for speed, scalability, and low-cost transactions. Originally ...

CoreWeave stock sinks as mag 7 move rattles investors
TheStreet30d agoneutral
CoreWeave stock sinks as mag 7 move rattles investors

Shares of CoreWeave took a hard hit after news broke that Meta Platforms is building a cloud business to sell spare AI computing power. The tech stock fell sharply over two trading sessions last week, and is currently valued at a market cap of $64.4 billion. Notably, Meta (META) is one of ...

Meta’s Legal War Just Escalated to $1.4 Trillion. The Stock Hasn’t Noticed Yet.
24/7 Wall St.30d agoneutral
Meta’s Legal War Just Escalated to $1.4 Trillion. The Stock Hasn’t Noticed Yet.

On July 6, 2026, Meta disclosed in a court filing that four states (California, Colorado, Kentucky, and New Jersey) are seeking approximately $1.4 trillion in penalties ahead of an August 2026 trial in Oakland, California. The number is close to Meta‘s (NASDAQ:META) entire market value of approximately $1.55 trillion. The stock closed up 1.75% the ... Meta’s Legal War Just Escalated to $1.4 Trillion. The Stock Hasn’t Noticed Yet.

Why Micron Outweighs Meta 2-to-1 in the Nasdaq 100, Even Though Meta Is Way Bigger
24/7 Wall St.30d agoneutral
Why Micron Outweighs Meta 2-to-1 in the Nasdaq 100, Even Though Meta Is Way Bigger

On the June 27 episode of the Animal Spirits podcast, Michael Batnick and Paul Schroeder of Invesco spent a segment on something that should annoy anyone who thinks they understand the NASDAQ 100. As of that date, Micron (NASDAQ:MU) carried a 5.7% weighting in QQQ (NASDAQ:QQQ) while Meta (NASDAQ:META) sat at just 2.6%, even though Meta’s total market cap was ... Why Micron Outweighs Meta 2-to-1 in the Nasdaq 100, Even Though Meta Is Way Bigger

Polymarket’s World Cup Bets Hit $3.9 Billion. Now Trump and Zuckerberg Want A Piece.
24/7 Wall St.30d agoneutral
Polymarket’s World Cup Bets Hit $3.9 Billion. Now Trump and Zuckerberg Want A Piece.

Prediction markets just had their coming-out party, and the numbers are staggering. $3,996,191,303 has traded on the “World Cup Winner” market as of July 6, 2026, per Polymarket, a single contract that has quietly surpassed the platform’s 2024 US presidential contract (~$4 billion). With the July 19 final still ahead, Bernstein projects total World Cup ... Polymarket’s World Cup Bets Hit $3.9 Billion. Now Trump and Zuckerberg Want A Piece.

Eli Lilly price target boost, Vertex-Crinetics deal, Meta's new social media lawsuit
Yahoo Finance Video30d agobearishVIDEO
Eli Lilly price target boost, Vertex-Crinetics deal, Meta's new social media lawsuit

Market Domination Host Josh Lipton tracks several of the day's top trending stock tickers, including JPMorgan analysts raising their price target on Eli Lilly (LLY) stock, Vertex Pharmaceuticals' (VRTX) acquisition of Crinetics (CRNX), and the possible $1.4 trillion lawsuit that multiple states are now suing Meta Platforms (META) for.

Bloomberg30d agoneutral
Meta Debuts New AI Image-Generation Model Inside Chatbot, Instagram

(Bloomberg) -- Meta Platforms Inc. debuted a new image-generation artificial intelligence model, its first such release since the company spent billions to rebuild its AI lab under Chief AI Officer Alexandr Wang a year ago.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaChip Stocks Slide on Worries Rally Has Run Too Far: Markets WrapTwo Millennium Trading Pods Made About $3.7 Billion Last MonthMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Majo