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WhatsApp's new leader will be Kunal Shah, the Indian entrepreneur and founder of Cred, a fintech startup that Meta has decided to invest $900 million into during a recent financing round.
The rocket company’s shares fell 16% amid reports it plans to sell at least $20 billion in bonds. The tech-heavy Nasdaq composite fell 1.3%, while the Dow rose 0.3%.
Yahoo Finance Senior Reporter Brooke DiPalma joins Josh Lipton in highlighting the day's biggest stories and stock moves, including AbbVie's (ABBV) $10.9 billion acquisition of Apogee Therapeutics (APGE) and Coca-Cola's (KO) latest legal showdown with the IRS in US appeals court.
<p>QQQ and QQQM track the identical Nasdaq-100 index. The only material differences are expense ratio, share price, and options liquidity. Here's which one belongs in your portfolio, and why most long-term investors should make the switch.</p>
Cred founder Kunal Shah will lead WhatsApp as Meta expands its India presence.
Netflix stock is on track for its worst day in nearly two months and a fraction higher than its 52-week low of $71.8 per share.
On CNBC last week, Kate Rooney walked viewers through a number that should reframe how tech investors think about their portfolios. “The biggest tech companies are now expected to spend about $750 billion on this AI build out just this year,” she said, and most of that money is now coming from the bond market ... Big Tech’s $750 Billion AI Debt Binge Means Investors Now Have to Watch the Bond Market
The $900 million investment gives Meta a 20% stake in the Indian fintech firm.
Each of these stocks— Nvidia Tesla Apple Meta Platforms Alphabet Amazon.com and Microsoft —is down this month, but many indicators show that dip-buyers should come in soon. Nvidia has underperformed the rest of the chip universe since mid May, partly because other chip makers are selling general purpose artificial intelligence chips for companies’ data centers, threatening Nvidia’s market share. Apple is trying to prove it can maintain respectable sales growth (maybe its new AI strategy can help).
Should billionaires be taxed more heavily, or have they earned their wealth by building products and companies used by billions of people around the world? That debate flared up again recently after longtime gold advocate and economist Peter Schiff defended Meta (NASDAQ:META) CEO Mark Zuckerberg‘s reported $330 million yacht and challenged one of his biggest critics, Sen. Elizabeth Warren (D-MA). The exchange began when Warren highlighted the arrival of Zuckerberg’s yacht in Seattle on May 27, t
For investors seeking exposure to one of the key enablers of the AI revolution, Micron (MU) remains a stock worth watching ahead of its Q3 results on Wednesday, June 24.
Broadcom (NASDAQ:AVGO) posted record revenue of $22.19 billion on June 3, 2026, beat consensus on the top and bottom line, raised guidance, and lost roughly a fifth of its market value over the following week. The stock went from $495 at the filing to $385.73 one day later. The broader chip complex dropped alongside it. ... JPMorgan Says Be an ‘Aggressive Buyer’ of This Beaten-Down AI Stock
The Nasdaq kept falling on Monday after Alphabet’s sharp drop bled into other large technology stocks. The S&P 500 was down 0.3%, even though a majority of stocks and sectors in the index were rising. The Dow, which does not include Alphabet, was up 165 points, or 0.3%.
(Bloomberg) -- House lawmakers have reached a bipartisan deal on a legislative package intended to strengthen online safety and privacy protections for children and teenagers—a key sign of progress on a major policy priority.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenMeta Taps New WhatsApp Boss as Part of $900 Million InvestmentIranian Negotiators Said to Still Be Engaged in Talks With USStocks Fa
(Bloomberg) -- Alphabet Inc. shares tumbled on Monday following the departure of another high-profile artificial intelligence leader to a rival.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Engaged in Talks With USMeta Taps New WhatsApp Boss as Part of $900 Million InvestmentIran Cites ‘Major Progress’ After All-Night Talks With USThe stock fell as much as 7.2%, t
Alphabet (NASDAQ:GOOGL) stock is down 6% in Monday midday trading, sliding to around $346. The selloff in Alphabet shares is the most prominent move among the hyperscalers today. Caught in the same theme, Amazon (NASDAQ:AMZN) stock is down 4% to around $234. Meta Platforms (NASDAQ:META) and Microsoft (NASDAQ:MSFT) shares are also lower, though by smaller ... Alphabet Sinks 6%, Amazon Slides 4% Amid AI Capex Anxiety Across the Hyperscalers
Artificial intelligence is creating a new kind of infrastructure race. While investors often focus on Nvidia (NASDAQ:NVDA) chips or the latest AI models, the real bottleneck is increasingly becoming physical capacity — power, land, and data centers. The latest global data center report from CBRE shows that demand continues to outpace supply across nearly every ... Nebius Has 40% Upside in 2026 as Global AI Data Center Shortage Worsens
Nvidia, Microsoft, and Meta Platforms are all trading at unusually low forward price-to-earnings ratios.
Rep. Ro Khanna (D-Calif.) warned that the growing influence of tech billionaires and AI executives in global policymaking reflects a troubling shift away from democratic control, following their participation in G7 discussions. AI Leaders At G7 Spark Concerns On Saturday, Khanna amplified his concerns on X, writing: "As we approach our 250th birthday, we did not fight a revolution to be ruled by tech billionaires!" During an interview with Bill Maher, Khanna reacted to reports that AI industry l
Stripe has promoted chief revenue officer Eileen O'Mara to vice chair — effectively making her the payment giant's top exec besides the founding Collison brothers.
AppsFlyer has raised more than $1 billion in Series E funding at a $2.7 billion post-money valuation, Axios has learned from sources familiar with the financing.
WhatsApp gets a new boss, as Will Cathcart moves to a new role at Meta, while Shah steps down as CEO of Indian fintech giant CRED to replace Cathcart.
Alphabet stock's sharp slide was dragging down the Nasdaq. The tech-heavy index was down 1%. The S&P 500 was down 0.3%. The Dow, which does not include Alphabet, was up 183 points, or 0.4%. Shares of the Google parent tumbled more than 6%.
Meta Platforms, Inc. (NASDAQ:META) is one of the Best Data Center Stocks That Are Cheaper Than the S&P 500. Wall Street is bullish on the stock as the analysts’ 12-month average price target suggests more than 41.83% upside from the current level. Recently, on June 17, Evercore ISI reiterated a Buy rating on Meta Platforms, […]
Cred founder Kunal Shah will replace Will Cathcart, who has led WhatsApp for roughly seven years, as Meta deepens its push into India
The Prince of Wales is founder of The Royal Foundation’s United for Wildlife which organised the London business forum.
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