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Is SpaceX's $25B debt sale raising bubble concerns on Wall Street?
Yahoo Finance Video44d agoneutralVIDEO
Is SpaceX's $25B debt sale raising bubble concerns on Wall Street?

SpaceX (SPCX) stock continues to struggle to gain back some ground after shedding nearly all of its post-IPO gains. The Elon Musk-led company's $25 billion bond sale is now raising concerns on Wall Street about a possible market bubble, according to the Financial Times. Morning Brief Host Julie Hyman is joined by Yahoo Finance Tech Editor Dan Howley and Epistrophy Capital Research chief market strategist Cory Johnson to weigh in on all of this.

Microsoft’s Stock Is Crippled
24/7 Wall St.44d agoneutral
Microsoft’s Stock Is Crippled

AI was supposed to be a tide that lifted all ships within the sector. Microsoft (NASDAQ: MSFT) is the leading exception. So far this year, the stock is down 24%. The market is 7% higher, and the market’s long-term trade is just bad or worse. Over the last five years, the stock has risen 38% ... Microsoft’s Stock Is Crippled

Bloomberg44d agoneutral
Nike Joins Alphabet, Walmart in Hiring a CFO From the Outside

(Bloomberg) -- Moving from Pfizer Inc. to Nike Inc. may seem like an unusual career shift for a finance chief. For David Denton, it marks a return to the consumer sector after four years in pharmaceuticals.Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetGrand Ole Opry House Up For Sale by Owner Ryman HospitalityMicron Shares Soar After AI-Fueled Forecast Shatters ProjectionsStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapStocks Erase Gains a

Alphabet Shares Fall After Report on Further AI Talent Departures
The Wall Street Journal44d agobearish
Alphabet Shares Fall After Report on Further AI Talent Departures

Alphabet shares fell further premarket following a report that two researchers key to Google’s artificial-intelligence model left the group, extending an exodus in top talent from the search company’s AI team. Shares in the Google owner slid 1.3% to $340.82 in premarket trade even as the broader tech complex rallied. Jonas Adler and Alexander Pritzel are planning to leave Google for Anthropic, Bloomberg reported, citing unnamed sources.

Google Will Punch Below Its Weight in the Dow
The Wall Street Journal44d agoneutral
Google Will Punch Below Its Weight in the Dow

Alphabet’s addition to the Dow will give the index more AI exposure... though not as much as you might think. Under the Dow’s methodology, higher-priced stocks are given more weight, meaning the Google parent will make up 4% of the index when it joins on Monday, while Goldman Sachs and Caterpillar make up more than 10% each.

Bloomberg44d agoneutral
AI Demand Begins to Justify Massive Cost of Data-Center Buildout

(Bloomberg) -- Revenue from artificial intelligence has reached a tipping point, showing that the hundreds of billions of dollars tech companies are spending on it may be economically sustainable, according to a report from research firm Exponential View. Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetGrand Ole Opry House Up For Sale by Owner Ryman HospitalityStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapStocks Climb Late After Micron’s B

Amazon, Microsoft cloud computing services should fall under EU tech rules, EU regulators say
Reuters44d agoneutral
Amazon, Microsoft cloud computing services should fall under EU tech rules, EU regulators say

Amazon and Microsoft's cloud computing services should ‌be designated gatekeepers under EU ‌rules aimed at reining in the power ​of Big Tech, EU antitrust regulators said on Thursday. Amazon Web Services and Microsoft Azure, the two largest ‌cloud providers globally, ⁠should be designated gatekeepers under the Digital Markets Act ⁠which sets out a list of dos and don'ts to ensure ​a level ​playing field, ​the European Commission ‌said. The preliminary findings by the EU competition enforcer came after a seven-month long investigation.

UBS Maintains Buy Rating on Broadcom (AVGO) Stock
Insider Monkey44d agobullish
UBS Maintains Buy Rating on Broadcom (AVGO) Stock

Broadcom Inc. (NASDAQ:AVGO) is one of the Most Promising AI Stocks to Buy and Hold for the Next 2 Years. On June 11, Timothy Arcuri of UBS was bullish on the company’s stock and maintained a “Buy” rating with a price objective of $485. That being said, the firm’s analyst opines that supply constraints might result in […]