Analyst Chris Brendler argued the Meta-driven selloff in HPC names was overdone, highlighting Galaxy Digital's 22% two-week decline and Cipher Digital's widening valuation gap as entry points.
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Samsung Electronics (005930.KS) released preliminary second quarter earnings results on Tuesday, reporting a 19-fold profit jump from a year ago, amounting to $58 billion. Morning Brief Host Julie Hyman welcomes Yahoo Finance Senior Business Reporter Ines Ferré and Interactive Brokers chief strategist Steve Sosnick to help break down whether Samsung's breakout numbers still weren't enough to impress Wall Street investors and what it signifies for the broader chip space.
Net-zero pledges of Google and Amazon slip out of reach, and struggling Meta makes frantic moves
The penalty demand, close to Meta's entire market value, comes before an August trial over claims Facebook and Instagram were built to addict minors
IREN rallies as bullish analyst backs $58 price target
Nvidia stock was headed for its lowest level since April on a report another customer is developing an in-house AI chip.
Four states are asking for $1.4 trillion over Facebook and Instagram's alleged harm to young users
Amazon.com is looking to raise at least $25 billion through a U.S. dollar bond sale, Bloomberg News reported on Tuesday, in the company's latest push to fund its hefty AI investments. Tech companies have been tapping debt markets and launching equity sales to fund their costly AI infrastructure build-out. Big Tech, including Amazon, Alphabet, Microsoft and Meta, are expected to spend more than $700 billion on AI this year.
At an internal Meta town hall on July 2, 2026, CEO Mark Zuckerberg told employees that AI agent development over the prior four months “hasn’t really accelerated in the way that we expected,” per a recording heard by Reuters. He added that the company’s reorganization was not as “clean” as planned and that its bets ... After Laying Off 8,000 Employees, Zuckerberg Admits Meta’s AI ‘Hasn’t Really Accelerated’ As Expected
SpaceX trading on Tuesday won’t have much to do with space or AI fundamentals. Elon Musk’s AI and space company is now in the one of the best-known large-cap growth indexes that tracks the largest nonfinancial companies listed on Nasdaq. Being fast-tracked into the index reflects just how important privately held frontier AI companies, including OpenAI, Anthropic, and SpaceX before its June IPO, have become to the entire stock market.
Meta may use Samsung's 2nm process for next-generation MTIA chips, possibly moving away from TSMC.
Pre-Market Stock Futures: Futures are trading mixed, with the Nasdaq getting hammered after a gangbuster start to the first full trading week of the third quarter. All of the major indices finished the day higher, with chip stocks once again leading the way. When the dust settled at the close, the Nasdaq finished the day ... Here Are Tuesday’s Best Wall Street Analyst Research Calls: Adobe, American Airlines, Broadcom, First Solar, Meta Platforms, Shopify, Space-X, Ventas, Waste Managment, and M
Sam Altman wants Wall Street to value OpenAI at $1 trillion. Meanwhile, 14% of US college students are reading at or below the level of a 10-year-old, according to the OECD. Those two facts, sitting side by side, may explain why the most anticipated technology IPO in a generation just got pushed into 2027. OpenAI ... OpenAI Wants a $1 Trillion Valuation. But College Students Are Testing At The Level Of 10-Year-Olds.
Let’s be honest. When a stock you own doubles, you feel like a genius. When it’s a behemoth like Alphabet (GOOGL), and it returns +105% in a year, you might wonder if you’ve misread the chart. You haven’t. Over the past 12 months, while the S&P 500 gained a respectable 21%, Alphabet left it in the dust. It also trounced its mega-cap peers; Microsoft (MSFT) stock returned -21.9%, and Meta Platforms (META) returned -16.2% over the same period.
Meta is reportedly planning to sell its excess cloud computing capacity, and that doesn't bode well for Nebius and CoreWeave.
Meta says four states are seeking record financial penaltiesMeta Platforms (NASDAQ:META) said in a court filing on Monday that four US states are pursuing penalties totalling approximately US$1. 4 trillion in a lawsuit alleging the company deliberately designed Facebook and Instagram to encourage addictive use among young people while misleading the public about platform safety.
(Bloomberg) -- For years, the Magnificent Seven tech giants commanded investors’ attention, dominating the S&P 500 Index and determining which way the overall stock market was headed. Those days are over.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentenc
Whether it be online shopping or social media, secular forces are propelling consumer internet businesses forward. But it’s not all sunshine and rainbows as consumer purchasing power can make or break demand. Unfortunately, the market seems to believe stormy skies are ahead as the industry has shed 9.9% over the past six months. This performance is a stark contrast from the S&P 500’s 8% gain.
Meta is reportedly building a cloud computing business to rent its spare artificial intelligence capacity.
We recently published Jim Cramer’s Biggest Losers: 10 Stocks That Just Didn’t Work Out. AppLovin Corporation (NASDAQ:APP) is one of the stocks discussed by Jim Cramer. AppLovin Corporation (NASDAQ:APP) is a technology company that enables customers to run digital advertisements. Its shares are up by 52% over the past year and are down by 14.8% […]
We recently published Jim Cramer’s Biggest Losers: 10 Stocks That Just Didn’t Work Out. Meta Platforms, Inc. (NASDAQ:META) is one of the stocks discussed by Jim Cramer. Cramer’s views about Meta Platforms, Inc. (NASDAQ:META) are interesting to say the least. Since 2025’s second half, the CNBC TV host has consistently taken the contrarian approach with […]
Meta Platforms Inc. (NASDAQ:META) is one of the 10 Best Stocks to Buy According to Billionaire Jeffrey Talpins. Social media giant Meta Platforms Inc. (NASDAQ:META)’s shares are among the weakest performers in its mega cap peers. They are down by 18.8% over the past year and by 10% year-to-date. Piper Sandler discussed the firm on […]
Insider activity at three of Wall Street's most influential artificial intelligence (AI) businesses paints a picture worth a thousand words.
By Tife Owolabi LAGOS, July 7 (Reuters) - Nigerian President Bola Tinubu has directed the country’s competition regulator to investigate major technology companies over alleged anti-competitive
Retail traders say long-term optimism for Nebius remains intact and advise buying on the dip.
Four US states seek $1.4 trillion from Meta over teen addiction claims. See why Meta stock barely moved on the news.
SpaceX trading on Tuesday won’t have much to do with space or AI fundamentals. Elon Musk’s AI and space company is now in the Nasdaq-100, one of the best-known large-cap growth indexes that tracks the largest nonfinancial companies listed on Nasdaq. Being fast-tracked into the index reflects just how important privately held frontier AI companies, including OpenAI, Anthropic, and SpaceX before its June IPO, have become to the entire stock market.