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Is Google Cloud Officially Driving the Train?
Trefis31d agoneutral
Is Google Cloud Officially Driving the Train?

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.

Bloomberg31d agoneutral
Mag 7 Loses Market Swagger as AI Trade Spreads Beyond Behemoths

(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

Will Someone Finally Blink in the AI Spending War?
The Wall Street Journal31d agoneutral
Will Someone Finally Blink in the AI Spending War?

Big tech reining in its AI spending may be a tantalizing prospect for some. Second-quarter reports coming later this month will likely show another period of blowout AI investments. Wall Street analysts estimate that combined capital spending by Google, Microsoft Amazon com and Meta Platforms surged 74% year over year to hit $168 billion in the June-ending quarter, according to consensus estimates from Visible Alpha.

SpaceX Is in the Nasdaq-100, Now Brace for Volatility
Barrons.com31d agoneutral
SpaceX Is in the Nasdaq-100, Now Brace for Volatility

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.

Google, RWE back Proxima Fusion in €411 million financing round
Reuters31d agoneutral
Google, RWE back Proxima Fusion in €411 million financing round

Magnetic fusion start-up Proxima Fusion has raised €411 million ($469.69 million) from investors ‌including Alphabet's Google and German utility RWE ‌as part of a financing round, the Munich-based start-up ​said on Tuesday. • "Proxima's financing demonstrates that Europe can not only invent breakthrough technologies, but also build globally competitive companies around them," Francesco Sciortino, Proxima ‌Fusion's chief executive, ⁠said in a statement • The round was led by XTX Ventures and East ⁠X Ventures, with RWE and Google as strategic investors, the company said • It added that ​the financing ​round brings Proxima Fusion's ​valuation to €2.4 billion ($2.7 ‌billion) • German utility com...

AI Giants Are Handing Out Tons of Free Computing Power to Grab Startup Share
The Wall Street Journal32d agoneutral
AI Giants Are Handing Out Tons of Free Computing Power to Grab Startup Share

Hans Ibarra, a founder building an AI-voice startup, has found himself on the receiving end of a big opportunity: Top artificial-intelligence companies such as OpenAI, Anthropic and others desperate to win his business are ramping up discounts. Across Silicon Valley, startup founders like Ibarra are enjoying a wave of computing credits and fielding competing offers from AI-model makers racing to land new enterprise customers. The offers from growing AI-sales armies at companies such as OpenAI and Anthropic are so rich that some early-stage startup founders say they won’t need to raise money as soon as they expected, and others have been able to play AI companies off one another.

This ESG ETF Owns Google and Intel but Won’t Touch Meta, and It’s Up 22% in a Year
24/7 Wall St.32d agoneutral
This ESG ETF Owns Google and Intel but Won’t Touch Meta, and It’s Up 22% in a Year

An ESG-screened equity fund has quietly delivered a big year while sitting out one of the most-traded megacap names on the market. The iShares MSCI KLD 400 Social ETF (NYSEARCA:DSI) climbed 22.29% in the year ending July 2, 2026, riding an AI-heavy roster that includes Alphabet and Intel. What it does not own is Meta ... This ESG ETF Owns Google and Intel but Won’t Touch Meta, and It’s Up 22% in a Year

Why Reddit (RDDT) Stock Is Trading Up Today
StockStory32d agoneutral
Why Reddit (RDDT) Stock Is Trading Up Today

Shares of online community and discussion platform Reddit (NYSE:RDDT) jumped 5.7% in the morning session after the company published a blog post highlighting major progress in AI-powered spam detection, the latest datapoint feeding a broader repricing of its AI-data licensing potential.

TeraWulf Stock Is Up 95% This Year: Here’s Why
24/7 Wall St.32d agoneutral
TeraWulf Stock Is Up 95% This Year: Here’s Why

Shares of TeraWulf (NASDAQ:WULF) extended a powerful rally on Monday afternoon, separating the stock from its bitcoin-mining peers by a wide margin. WULF stock is up 4% today and up 95% year to date to $22.10, marking its most sustained rerating since going public. The catalyst is a landmark 20-year lease with Anthropic, the private ... TeraWulf Stock Is Up 95% This Year: Here’s Why

Zuckerberg’s Insane AI Spending Could Become a Windfall, If Meta Copies SpaceX’s Playbook
24/7 Wall St.32d agobearish
Zuckerberg’s Insane AI Spending Could Become a Windfall, If Meta Copies SpaceX’s Playbook

Meta Platforms (NASDAQ:META) has spent the year getting punished for the exact strategy that may end up minting money. Meta runs the largest advertising machine outside of Google, powered by Facebook, Instagram, WhatsApp, Threads, and Messenger, and has quietly become one of the most aggressive infrastructure builders on the planet. Full-year 2025 capex hit $69.7 ... Zuckerberg’s Insane AI Spending Could Become a Windfall, If Meta Copies SpaceX’s Playbook

The S&P 500 Looks Pricey at 22x Earnings. On Cash Flow, It’s a Terrifying 32x.
24/7 Wall St.32d agoneutral
The S&P 500 Looks Pricey at 22x Earnings. On Cash Flow, It’s a Terrifying 32x.

On a recent episode of Barron’s Streetwise, host Jack Hough answered a listener named William who was nervous about how much money he had made in AI-adjacent names like Dell (NYSE:DELL) and HPE (NYSE:HPE). Hough’s answer had a number in it that should probably make everyone else nervous too. “You can look at the S&P 500 right now ... The S&P 500 Looks Pricey at 22x Earnings. On Cash Flow, It’s a Terrifying 32x.

Nvidia’s Biggest Threat Is This: Everyone Is Desperate to Stop Paying Nvidia Prices.
24/7 Wall St.32d agoneutral
Nvidia’s Biggest Threat Is This: Everyone Is Desperate to Stop Paying Nvidia Prices.

NVIDIA (NASDAQ:NVDA) owns the AI compute market, but every major customer is spending billions to buy less of what it sells. NVIDIA carries a $4.75 trillion market cap and sits between a 52-week low of $158.18 and a high of $236.26. Q1 FY27 revenue came in at $81.61 billion, up 85.2% year over year, with ... Nvidia’s Biggest Threat Is This: Everyone Is Desperate to Stop Paying Nvidia Prices.