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(Updates with Meta Platforms' response in the sixth paragraph.) Meta Platforms (META) has failed
Meta Platforms (META) has failed to win a summary judgment on claims brought by a coalition of state
↘️Nike (NKE): Shares in the sneaker maker fell more than 3% premarket after it said it continued to face sales weakness in China. 🔎Alcoa (AA), South32 (AU:S32): Aluminum producer Alcoa agreed to buy the bauxite, alumina and aluminum assets of Australian miner South32 in a deal valued at up to $5.
(Bloomberg) -- Alphabet Inc. has had a remarkable 12 months by just about any measure you can imagine.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingSupreme Court Backs Birthright Citizenship in Blow to TrumpTrump Reports at Least $1.4 Billion in 2025 Crypto EarningsWhatsApp Opens Username Reservations to 3 Billion UsersYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanThe stock price has more than doubled, raising its market capitalization by more t
DoubleLine’s Deputy CIO Jeffrey Sherman is managing bond portfolios defensively in an environment of heavy spending on artificial intelligence and potential for higher interest rates.
A frenzied push for artificial intelligence dominance comes with a different kind of cost for Meta, where massive layoffs, employee surveillance and departures have fueled reports of a heated internal climate.For those who remain, an internal AI training initiative has drawn accusations of surveillance.
Alphabet’s Google Cloud is limiting access to its Gemini AI models for major customers, including Meta, due to tight AI compute capacity. Several external clients reportedly face similar restrictions as Alphabet prioritizes its own services and paying cloud workloads. Meta is increasing use of its in-house Muse Spark model to lessen reliance on external AI infrastructure providers. The situation highlights how scarce AI compute and heavy data center spending are influencing product roadmaps...
A federal judge denied Meta's motion to dismiss a social media addiction lawsuit brought by 29 state attorneys general alleging online harm to children.
Your own head has always felt like the last place no one else can get into. You can lie with your face, edit your words, delete a text before you hit send. But the half-formed sentence sitting behind your eyes, the one you have not decided to share yet, has stayed yours alone for the entire history ...
Investing.com -- Mizuho Securities Asia raised its forecast for TSMC's monthly CoWoS packaging capacity to 140,000 units by 2026 and 190,000–200,000 units by 2027, up from prior estimates of 120,000 and 170,000–180,000 respectively, as a sharply upgraded outlook for AI-driven server CPU demand forces a broad revision to the firm's semiconductor supply model.
The market might be all-in on the AI trade, but a growing chorus of traders and analysts is changing strategies. Mega-cap tech companies like Microsoft, Meta, and Amazon have been hit particularly hard in recent weeks as their plans to spend billions on AI infrastructure have attracted growing ...
Binance expands its bStocks offering and adds support for Microsoft, Meta and more as tokenized U.S. securities.
Some people leave college with a degree. Mark Zuckerberg left with a startup idea, a near-expulsion story and the woman he would eventually marry. Speaking at Harvard’s 2017 commencement ceremony, the Meta CEO reflected on the chain of events that...
Anthropic (ANTH.PVT) revealed its newest AI model, Claude Sonnet 5. Yahoo Finance Technology Editor Dan Howley explains what investors should know.
Wedbush Sounds Alarm After Google Limits Meta's Gemini Access
Wedbush says the move reflects growing demand for AI computing power.
I keep hitting the buy button on AMD because Lisa Su has stopped chasing NVIDIA and started co-designing the next phase of AI infrastructure alongside it. Every few months I tell myself the position is full, and every few months AMD (NASDAQ:AMD) gives me a fresh reason to add. The May earnings report was the ... Traders Bet Big on Lisa Su: Why This Chip Titan Is Primed to Siphon Nvidia’s Data Center Dominance
In late June 2026, DoubleVerify Holdings (NYSE: DV) was reclassified across the Russell indices, exiting the Russell 1000 and Midcap families while entering multiple Russell 2000, growth, value and defensive benchmarks. At the same time, DoubleVerify advanced its AI-advertising capabilities by expanding DV Authentic AdVantage to Meta and TikTok and unveiling its DV Neura AI engine, deepening its position in verification and optimization across major digital platforms. We’ll now explore how...
(Bloomberg) -- Retail investors’ activity in the technology stocks known as the “Magnificent Seven” hit a four-year low in recent days after having been muted for months, according to Citigroup Inc. equity strategists.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanWhatsApp Opens Username Reservations to 3 Billion UsersTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsIran Ratchets Up Talk
Microsoft’s selloff may offer a cheaper entry point, while deep ITM LEAPS calls provide stock-like exposure with less upfront capital.
Investor sentiment shifts toward infrastructure costsThe so-called “Magnificent Seven” technology stocks have collectively lost around $2. 3 trillion in market value during June as investors reassessed the scale of artificial intelligence infrastructure spending by the sector’s largest companies.
WhatsApp users can reserve unique usernames starting Monday, with the privacy feature planned to go live later this year.